Browsing monthly archive

December 2016

Financial Fraud: JOHN ARNOLD SHELLEY Indicted For Conspiracy and Commit Bank Fraud at The Bank of Union (BOU)

<h2>Former Bank President Indicted in Connection with &dollar;100&comma;000&comma;000 Bank Failure<&sol;h2>&NewLine;<p><em>Oklahoma City&comma; Oklahoma<&sol;em> – Yesterday&comma; a federal grand jury returned a 23-count indictment against <strong>JOHN ARNOLD SHELLEY<&sol;strong>&comma; 66&comma; of Oklahoma City&comma; Oklahoma&comma; in connection with the failure […] Read More
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Investment Fraud: Six Individuals Charged With Fraudulent High-Yield Investment Program – Cities Upliftment Program (CUP)

<h2 class&equals;”wp-block-heading”>Manhattan U&period;S&period; Attorney Announces Charges Against Six Individuals In International High-Yield Investment Fraud Scheme<&sol;h2>&NewLine;<p><strong>Scheme Participants Impersonated Federal Reserve Officials to Swindle Over &dollar;50 Million from Investors in the United States and Foreign Countries<&sol;strong><&sol;p>&NewLine;<p>Preet Bharara&comma; […] Read More
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Financial Fraud: ROBERT KUSS Indicted In One Count of Mail Fraud Stemming From His Role in a Scheme to Defraud the U.S. Postal Service

<h2>Managing Partner of Bulk Mail Firm Admits Defrauding U&period;S&period; Postal Service of Nearly &dollar;750K<&sol;h2>&NewLine;<p>Deirdre M&period; Daly&comma; United States Attorney for the District of Connecticut&comma; and Shelly Binkowski&comma; Inspector in Charge for the Boston Division of […] Read More
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Financial Fraud: Torneos y Competencias S.A. (Torneos) Charged With Wire Fraud Conspiracy And Participation in a Scheme to Corrupt International Soccer

<h2>Argentine Sports Marketing Company Admits To Role In International Soccer Bribery Conspiracy And Agrees To &dollar;112 Million In Forfeiture And Criminal Penalties<&sol;h2>&NewLine;<p><strong>Torneos y Competencias S&period;A&period; Enters Into Four-Year Deferred Prosecution Agreement&semi; Agrees to Enhanced Internal […] Read More
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Financial Fraud: Troy Stratos Sentenced for Multiple Counts of Mail Fraud, Wire Fraud, And Money Laundering

<h2>Stratos Sentenced to over 21 Years in Prison<&sol;h2>&NewLine;<p><strong>He Defrauded Victims of Over &dollar;30M Through Multiple Schemes and Obstructed Justice<&sol;strong><&sol;p>&NewLine;<p>SACRAMENTO&comma; Calif&period; — Troy David Stratos&comma; 50&comma; formerly of Los Angeles&comma; was sentenced today by United States […] Read More
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Investment Fraud: Joseph Taub and Elazar Shmalo Charged With Orchestrating a Massive, Long-Running Market Manipulation Scheme

<h2>Two Securities Traders Charged In Scheme That Netted &dollar;26 Million In Illicit Profits<&sol;h2>&NewLine;<p><strong>Manipulated &dollar;10 Billion Worth of Securities in Tens of Thousands of Transactions<&sol;strong><&sol;p>&NewLine;<p>NEWARK&comma; N&period;J&period; – Two New Jersey-based securities traders were arrested today and […] Read More
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Financial Fraud: Samuel Mebiame Pleaded Guilty to Conspiring to Make Corrupt Payments to Government Officials in Africa

<h2>Gabonese National Pleads Guilty To Foreign Bribery Scheme<&sol;h2>&NewLine;<p><strong>The Son of a Former Prime Minister of Gabon Bribed High-Ranking Government Officials in Multiple African Countries to Obtain Uranium Concessions and Other Mining Rights<&sol;strong><&sol;p>&NewLine;<p>Samuel Mebiame&comma; a Gabonese […] Read More
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Healthcare Fraud: CEO and President Of The Pharmaceutical Company Charges With Defraud Health Care Insurers

<h2>Pharmaceutical Executives Charged in Racketeering Scheme<&sol;h2>&NewLine;<p>BOSTON – Several pharmaceutical executives and managers&comma; formerly employed by Insys Therapeutics&comma; Inc&period;&comma; were arrested today on charges that they led a nationwide conspiracy to bribe medical practitioners to unnecessarily […] Read More
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Financial Fraud: Chad Ducey and Two Other Individuals Was Sentenced For Multi-Million-Dollar Fraud Schemes of Imperial Petroleum Inc.

<h2>CEO of publicly traded company along with two others sent to federal prison<&sol;h2>&NewLine;<p><em><strong>Defrauded biodiesel purchasers and shareholders<&sol;strong><&sol;em><&sol;p>&NewLine;<p>INDIANAPOLIS &&num;8211&semi; United States Attorney Josh Minkler and Assistant Attorney General John C&period; Cruden for the Department of Justice’s […] Read More
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