Financial Fraud: Two Brokers Charged For Scheme to Use Simultaneous Loan Applications to Fraudulently Obtain Home Equity Lines of Credit

Real Estate Brokers And Client Charged With Defrauding Banks In ‘Shotgun’ Loan Scheme NEWARK, N.J. – Two real estate brokers and a client were arrested today and charged in connection with a scheme to use bogus information and simultaneous loan applications at multiple banks to fraudulently obtain home equity lines of credit, a practice known […]

Healthcare Fraud: Forest Laboratories LLC And Forest Pharmaceuticals Inc. Agreed to Pay For Violated the False Claims Act by Paying Kickbacks

Forest Laboratories and Forest Pharmaceuticals to Pay $38 million to Resolve Kickback Allegations Under the False Claims Act Forest Laboratories LLC, located in New York, New York, and its subsidiary, Forest Pharmaceuticals Inc., have agreed to pay $38 million to resolve allegations that they violated the False Claims Act by paying kickbacks to induce physicians […]

Financial Fraud: James VanBlaricum Indicted For Ponzi Oil and Gas Fraud Scheme

Federal Grand Jury Indicts Colleyville Businessman on Mail Fraud Stemming from Ponzi Oil and Gas Fraud Scheme Defendant Operated Signal Oil and Gas Company FORT WORTH, Texas — A Colleyville, Texas, businessman, James VanBlaricum, who operated an oil and gas exploration company, was indicted today by a federal grand jury in Fort Worth, Texas, on […]

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

Former Bank President Indicted in Connection with $100,000,000 Bank Failure Oklahoma City, Oklahoma – Yesterday, a federal grand jury returned a 23-count indictment against JOHN ARNOLD SHELLEY, 66, of Oklahoma City, Oklahoma, in connection with the failure of the Bank of Union, announced Mark A. Yancey, United States Attorney for the Western District of Oklahoma.  The […]

Investment Fraud: Six Individuals Charged With Fraudulent High-Yield Investment Program – Cities Upliftment Program (CUP)

Manhattan U.S. Attorney Announces Charges Against Six Individuals In International High-Yield Investment Fraud Scheme Scheme Participants Impersonated Federal Reserve Officials to Swindle Over $50 Million from Investors in the United States and Foreign Countries Preet Bharara, the United States Attorney for the Southern District of New York, Angel M. Melendez, Special Agent In Charge of […]

Tax Fraud: Edward J. Tutunjian Sentenced For Payroll Tax Evasion And Employing Illegal Aliens

Owner of Boston Cab Sentenced for Tax and Fraud Offenses BOSTON – Edward J. Tutunjian, who has owned and operated Boston Cab through his company, EJT Management, Inc., for more than four decades, was sentenced today in U.S. District Court in Boston for payroll tax evasion, employing illegal aliens and for failing to pay overtime […]

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

Managing Partner of Bulk Mail Firm Admits Defrauding U.S. Postal Service of Nearly $750K Deirdre M. Daly, United States Attorney for the District of Connecticut, and Shelly Binkowski, Inspector in Charge for the Boston Division of the U.S. Postal Inspection Service, today announced that ROBERT KUSS, 54, of Cheshire, waived his right to be indicted […]

Financial Fraud: Torneos y Competencias S.A. (Torneos) Charged With Wire Fraud Conspiracy And Participation in a Scheme to Corrupt International Soccer

Argentine Sports Marketing Company Admits To Role In International Soccer Bribery Conspiracy And Agrees To $112 Million In Forfeiture And Criminal Penalties Torneos y Competencias S.A. Enters Into Four-Year Deferred Prosecution Agreement; Agrees to Enhanced Internal Controls and Compliance Obligations Earlier today, the U.S. Attorney’s Office for the Eastern District of New York filed a […]

Financial Fraud: Artashes Darbinyan Charges of Mail Fraud and Money Laundering

California Man Pleads Guilty to Perpetrating Trademark Scam and Money Laundering Associate Pleads Guilty to Helping Launder Proceeds of Scam LOS ANGELES – A Southern California man who masterminded a $1.66 million mass-mailing scam targeting trademark applicants pleaded guilty today to charges of mail fraud and money laundering, and his associate pleaded guilty to helping […]

Financial Fraud: Troy Stratos Sentenced for Multiple Counts of Mail Fraud, Wire Fraud, And Money Laundering

Stratos Sentenced to over 21 Years in Prison He Defrauded Victims of Over $30M Through Multiple Schemes and Obstructed Justice SACRAMENTO, Calif. — Troy David Stratos, 50, formerly of Los Angeles, was sentenced today by United States District Judge Troy L. Nunley to 21 years and 10 months in prison for multiple counts of mail […]

Investment Fraud: Joseph Taub and Elazar Shmalo Charged With Orchestrating a Massive, Long-Running Market Manipulation Scheme

Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits Manipulated $10 Billion Worth of Securities in Tens of Thousands of Transactions NEWARK, N.J. – Two New Jersey-based securities traders were arrested today and charged with orchestrating a massive, long-running market manipulation scheme that netted them more than $26 million in illegal […]

Bank Teller Fraud: List Of Convicted for Mail Fraud, Money Laundering, and Tax Fraud

Former Bank Teller Sentenced for $83,000 Embezzlement WICHITA, KAN. – A former Labette County bank clerk was sentenced Wednesday to three years on probation, including eight months home confinement, and ordered to pay full restitution for embezzling more than $83,000 from the bank where she worked, Acting U.S. Attorney Tom Beall said. Angela S. Littlejohn, […]

Financial Fraud: Samuel Mebiame Pleaded Guilty to Conspiring to Make Corrupt Payments to Government Officials in Africa

Gabonese National Pleads Guilty To Foreign Bribery Scheme 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 Samuel Mebiame, a Gabonese national and the son of a former Prime Minister of Gabon, pleaded guilty earlier today in Brooklyn federal […]

Financial Fraud: Seven Individuals Charged With Fraud Against The Social Security Administration (SSA)

Arrest And Indictment Of Seven Individuals For Social Security Fraud SAN JUAN, P.R. – On December 6, 2016, a Federal Grand Jury in the District of Puerto Rico returned five separate Indictments charging seven individuals with fraud against the Social Security Administration (SSA) disability insurance benefits in Puerto Rico, announced United States Attorney for the […]

Healthcare Fraud: CEO and President Of The Pharmaceutical Company Charges With Defraud Health Care Insurers

Pharmaceutical Executives Charged in Racketeering Scheme BOSTON – Several pharmaceutical executives and managers, formerly employed by Insys Therapeutics, Inc., were arrested today on charges that they led a nationwide conspiracy to bribe medical practitioners to unnecessarily prescribe a fentanyl-based pain medication and defraud healthcare insurers. The indictment alleges that Michael L. Babich, 40, of Scottsdale, […]

Financial Frud: NIKESH A. PATEL Pleaded Guilty to Fraud in Sham Loans to a Milwaukee Investment Company

Chief Executive of Florida-Based Financial Firm Guilty of Fraud in $179 Million Sham Loan Scheme CHICAGO — The CEO of a Florida-based financial firm has pleaded guilty to fraud charges in connection with the sale of $179 million in sham loans to a Milwaukee investment company. NIKESH A. PATEL was the Chief Executive Officer of […]

Tax Fraud: DAVID ADAMS Charged With One Count of Tax Evasion And One Count of Filing a False Tax Return

Old Saybrook Resident Charged with Additional Tax Crimes Deirdre M. Daly, United States Attorney for the District of Connecticut, and Joel P. Garland, Special Agent in Charge of IRS Criminal Investigation in New England, today announced that a federal grand jury in New Haven has returned a six-count superseding indictment charging DAVID ADAMS, 56, of […]

Investment Fraud: Howard Leventhal Sentenced For Million Fraud Scheme

Canadian Deputy Health Minister Impersonator Sentenced To 60 Months’ Imprisonment In $26 Million Fraud Scheme BROOKLYN, NY – Earlier today, Howard Leventhal, the President, Chief Executive Officer and Chief Technology Officer of mHealth Technologies Corp., formerly named Neovision USA, Inc. (Neovision), was sentenced by United States District Judge Brian M. Cogan to 60 months’ imprisonment.  […]