Identity Theft
Fraud

Identity Theft: Jeff Crews Sentenced For Conspiring To Participate In a Racketeering Conspiracy And For Aggravated Identity Theft

January 31, 2017 FraudsWatch 0

Leader of The Simple City Criminal Organization Sentenced to Over 10 Years in Federal Prison for a Racketeering Conspiracy and Aggravated Identity Theft Stole Vehicles and Used the Stolen Identity Information of Victims to Engage in Fraudulent Financial Transactions Greenbelt, Maryland – U.S. District Judge George J. Hazel [Read More…]

Fraud

Financial Fraud: STEVEN SIMMONS and JOSEPH MELI Charged on Conspiracy, Securities Fraud, Wire Fraud, And Scheme to Defraud Investors

January 28, 2017 FraudsWatch 0

Two Individuals Arrested And Charged In Manhattan Federal Court With Securities And Wire Fraud For Participating In A Multimillion-Dollar Ponzi Scheme Steven Simmons and Joseph Meli Charged with Defrauding Investors and Diverting Fraudulent Proceeds For Their Own Use and to Further the Ponzi-Like Operation of a Hedge Fund [Read More…]

Financial Fraud
Fraud News From World

Financial Fraud: Jason Laut Charged For Wire Fraud, False Statements And Two Counts of Identity Theft

January 24, 2017 FraudsWatch 0

Former Paramedic Charged in 37-Count Indictment With Wire Fraud, Making False Statements and Identity Theft Regarding the Theft of Controlled Substances Donald S. Boyce, United States Attorney for the Southern District of Illinois, announced the unsealing of a 37 count indictment against Jason Laut, 39, of O’Fallon, Illinois. [Read More…]

Financial Fraud
Fraud News From World

Financial Fraud: Hasan Hussain and Ricardo Abreu Charged in a Conspiracy to Defraud Financial Institutions & Mortgage Fraud

January 24, 2017 FraudsWatch 0

Two Indicted in Sweeping Mortgage Fraud Investigations PROVIDENCE, R.I. – A 14-count federal indictment filed in U.S. District Court in Providence charges two individuals, Hasan Hussain, 55, of Princeton, N.J., and Ricardo Abreu, 50, of Cranston, R.I., with allegedly participating in a conspiracy to defraud financial institutions, investors [Read More…]

Financial Fraud
Fraud News From World

Financial Fraud: Raymond E. Gallison, Jr Plead Guilty to Federal Mail Fraud, Wire Fraud, Aggravated Identity Theft and Tax Charges

January 23, 2017 FraudsWatch 0

Fmr. RI House Finance Chairman to Plead Guilty to Fraud, Aggravated Identity Theft, Tax Charges PROVIDENCE – According to signed documents filed in U.S. District Court in Providence today, Raymond E. Gallison, Jr., 64, of Bristol, R.I., a former member of the Rhode Island House of Representatives and [Read More…]

Mortgage Fraud
Fraud News From World

Mortgage Fraud: Société Générale, S.A. Will Pay Civil Penalty to Resolve Claims Related to Its Activities

January 20, 2017 FraudsWatch 0

Société Générale Agrees To Pay $50 Million Penalty To Settle RMBS Fraud Claims United States Attorney Robert L. Capers announced today that Société Générale, S.A. will pay a $50 million civil penalty to resolve claims related to its activities, which were conducted through several affiliates (together, “SocGen”), in [Read More…]

Financial Fraud
Fraud News From World

Financial Fraud: ENRICO RUBANO And SHIVANAND MAHARAJ Charged to Commit Wire Fraud in Connection With a False Invoicing Scheme

January 19, 2017 FraudsWatch 0

Information Technology Chief And Consultant Charged With Multimillion-Dollar False Invoicing Scheme Preet Bharara, the United States Attorney for the Southern District of New York, and Philip R. Bartlett, Inspector-in-Charge of the New York Office of the U.S. Postal Inspection Service (“USPIS”), announced today the filing of a criminal [Read More…]

Financial Fraud
Fraud News From World

Financial Fraud: Western Union Admits to Criminal Violations Including Willfully Failing to Maintain an Effective Anti-Money Laundering

January 19, 2017 FraudsWatch 0

Western Union Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586 Million in Settlement with Justice Department and Federal Trade Commission Company also Agrees to Implement Anti-Fraud Program and Enhanced Compliance Obligations in Agreements with Federal Authorities The Western Union Company (Western Union), a global money services business [Read More…]