Browsing monthly archive

December 2016

Financial And Tax Fraud: CHRISTOPHER A. JANSEN – President of Baytree Investors Inc. – Charges of Wire Fraud And Evading Income Taxes

<h2 class&equals;”node-title”>Former President of St&period; Charles Company Sentenced to 70 Months in Federal Prison for Wire Fraud and Income Tax Evasion<&sol;h2>&NewLine;<div class&equals;”field field–name-field-pr-body field–type-text-long field–label-hidden”>&NewLine;<div class&equals;”field&lowbar;&lowbar;items”>&NewLine;<div class&equals;”field&lowbar;&lowbar;item even”>&NewLine;<p>ROCKFORD — The former President of Baytree Investors […] Read More
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Financial Fraud: United Shore Financial Services LLC (USFS) Pay For Alleged False Claims Act Liability Arising From Fha-Insured Mortgage Lending

<h2 class&equals;”node-title”>United Shore Financial Services LLC Agrees To Pay &dollar;48 Million To Resolve Alleged False Claims Act Liability Arising From Fha-Insured Mortgage Lending<&sol;h2>&NewLine;<div class&equals;”field field–name-field-pr-body field–type-text-long field–label-hidden”>&NewLine;<div class&equals;”field&lowbar;&lowbar;items”>&NewLine;<div class&equals;”field&lowbar;&lowbar;item even”>&NewLine;<p>WASHINGTON &&num;8211&semi; United Shore Financial Services […] Read More
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Investment Fraud: DAVID BLAINE WELLIVER Sentenced For Defrauding Investors in The Dblaine Fund

<h2 class&equals;”node-title”>Investment Advisor Sentenced to Five Years for Defrauding Investors of &dollar;1&period;725 Million<&sol;h2>&NewLine;<div class&equals;”field field–name-field-pr-body field–type-text-long field–label-hidden”>&NewLine;<div class&equals;”field&lowbar;&lowbar;items”>&NewLine;<div class&equals;”field&lowbar;&lowbar;item even”>&NewLine;<p>The United States Attorney’s Office for the District of Minnesota announced the sentencing of DAVID BLAINE […] Read More
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Cyber Crime: IAT HONG, BO ZHENG, and CHIN HUNG Charged With Devising and Carrying Out a Scheme to Enrich Themselves by Obtaining And Trading on Material, Nonpublic Information

<h2 class&equals;”wp-block-heading”>Manhattan U&period;S&period; Attorney Announces Arrest of Macau Resident and Unsealing of Charges Against Three Individuals for Insider Trading Based On Information Hacked from Prominent U&period;S&period; Law Firms<&sol;h2>&NewLine;<p><strong>Iat Hong Arrested On December 25 In Hong […] Read More
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Financial Fraud: Richard Shusterman Sentenced For Co-Conspirators Perpetrated a Brazen And Complex Ponzi Scheme That Defrauded Investors

<h2>Leader of &dollar;242 Million Investment Fraud Scheme Sentenced to 18 Years in Federal Prison<&sol;h2>&NewLine;<p><strong>Ponzi Scheme Involved Sale of Medical Debts<&sol;strong><&sol;p>&NewLine;<p><strong><em>Baltimore&comma;<&sol;em><&sol;strong> Maryland – U&period;S&period; District Judge James K&period; Bredar sentenced Richard Shusterman&comma; age 53&comma; of Highland […] Read More
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Financial Fraud: Umair Hamid Charged with Wire Fraud, Aggravated Identity Theft, and Worldwide “Diploma Mill” Scheme

<h2>Manhattan U&period;S&period; Attorney Charges Executive Of Axact In &dollar;140 Million Diploma Mill Scam<&sol;h2>&NewLine;<p>Preet Bharara&comma; the United States Attorney for the Southern District of New York&comma; Philip R&period; Bartlett&comma; Inspector-in-Charge of the New York Office of […] Read More
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Investment Fraud: Naris Chamroonrat Charged Of Conspiracy to Commit Securities Fraud And One Count of Wire Fraud

<h2 class&equals;”wp-block-heading”>Owner Of Day Trading Firm Charged In Worldwide Simulator Trading Account Scheme<&sol;h2>&NewLine;<p><strong><em>Scheme Targeted Hundreds of Investors in Over 30 Countries&comma; Including the United States<&sol;em><&sol;strong><&sol;p>&NewLine;<p>NEWARK&comma; N&period;J&period; – A Thai man was arrested and charged with […] Read More
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Cyber Crime: DAVID W. KENT, Owner Of Oilpro.com, Guilty In Hacking Into a Competitor’s Network and Stealing Client Data

<h2 class&equals;”node-title”>Oilpro&period;Com Founder Pleads Guilty In Manhattan Federal Court To Hacking Into Competitor’s Computer System<&sol;h2>&NewLine;<p class&equals;”node-subtitle center”><strong>Defendant Stole Information From Over 700&comma;000 Customer Accounts Stored on a Competitor’s Database and Then Sought to Sell Oilpro&period;com […] Read More
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Financial Fraud: Phillip E. Southwood former owner of Southwood Industries, Inc., Sentenced for Multiple Bankruptcy-Related Crimes

<h2 class&equals;”wp-block-heading”>Small Business Owner Sentenced to Prison for Bankruptcy Fraud<&sol;h2>&NewLine;<p><strong>Assistant U&period;S&period; Attorneys Joseph J&period;M&period; Orabona &lpar;619&rpar;546-7951 or Michael Heyman &lpar;619&rpar; 546-9615<&sol;strong><br &sol;><strong><u>NEWS RELEASE SUMMARY<&sol;u> –<&sol;strong> December 19&comma; 2016<&sol;p>&NewLine;<p>SAN DIEGO – Phillip E&period; Southwood&comma; Jr&period;&comma; a […] Read More
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Investment Fraud: Seven Individuals Charged With Securities Fraud, Investment Adviser Fraud And Securities Fraud Conspiracy

<h2>Platinum Partners’ Founder And Chief Investment Officer Among Five Indicted In A &dollar;1 Billion Investment Fraud<&sol;h2>&NewLine;<p><strong>Two Additional Individuals Indicted In A &dollar;50 Million Bond Fraud Involving Black Elk Energy&comma; One Of Platinum’s Largest Portfolio Companies<&sol;strong><&sol;p>&NewLine;<p>BROOKLYN&comma; […] Read More
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List Of U.S. Attorney’s Office Collects in Civil and Criminal Actions for U.S. Taxpayers in Fiscal year 2016

<p><strong>U&period;S&period; Attorney&&num;8217&semi;s Office made a report on what they collected in 2016 following offenses and civil actions in Fiscal for U&period;S&period; Taxpayers with a more than a &dollar;15&period;3 billion&period;<&sol;strong><&sol;p>&NewLine;<h2 id&equals;”node-title” style&equals;”text-align&colon; center&semi;”><strong><a href&equals;”https&colon;&sol;&sol;www&period;justice&period;gov&sol;opa&sol;pr&sol;justice-department-collects-more-153-billion-civil-and-criminal-cases-fiscal-year-2016″>Justice Department Collects […] Read More
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Investment Fraud: Richard Wyatt Davis Charged With One Count of Wire Fraud and Three Counts of Tax Evasion

<h2 class&equals;”node-title”>Mecklenburg Co&period; Man Facing Federal Charges In Connection With &dollar;19 Million Investment Fraud Scheme<&sol;h2>&NewLine;<p class&equals;”node-subtitle center”><strong>Defendant Misused Victim-Investors’ Funds to Pay for Vacation Homes&comma; Vehicles&comma; a Chef and Other Personal Expenses<&sol;strong><&sol;p>&NewLine;<div class&equals;”field field–name-field-pr-subtitle field–type-text […] Read More
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Healthcare Fraud: Forest Laboratories LLC And Forest Pharmaceuticals Inc. Agreed to Pay For Violated the False Claims Act by Paying Kickbacks

<h2>Forest Laboratories and Forest Pharmaceuticals to Pay &dollar;38 million to Resolve Kickback Allegations Under the False Claims Act<&sol;h2>&NewLine;<p>Forest Laboratories LLC&comma; located in New York&comma; New York&comma; and its subsidiary&comma; Forest Pharmaceuticals Inc&period;&comma; have agreed to […] Read More
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