Financial Fraud: Jason Rhodes Charged with Lying to Investors and Misappropriating Investor Funds

Fraud News From World

Oct 16, 2018

Financial Fraud: Jason Rhodes Charged with Lying to Investors and Misappropriating Investor Funds

<h2>Co-Founder Of Investment Fund Charged In Manhattan Federal Court For Participating In Multi-Million Dollar Fraud Scheme</h2>&NewLine;<p><strong>Jason Rhodes Charged with Lying to Investors and Misappropriating Investor Funds</strong></p>&NewLine;<p>Geoffrey S&period; Berman, the United States Attorney for the Southern […] Read More

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Fraud News From World

Oct 16, 2018

Mortgage Fraud: Nomura Holding America Inc. Pay a $480 Million Penalty To Resolve Federal Civil Claims

<h2>Nomura Agrees to Pay &dollar;480 Million in Civil Penalties for Misleading Investors in Sale of Residential Mortgage-Backed Securities</h2>&NewLine;<p>The United States has reached an agreement with Nomura Holding America Inc&period; and several of its affiliates (&OpenCurlyDoubleQuote;Nomura”), […] Read More

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Fraud News From World

Oct 15, 2018

Financial Fraud: Christopher M. Tanner Sentenced For Counterfeiting United States Currency

<h2>Mobile County Man Receives 18 Month Sentence for Making Counterfeit United States Currency, Ordered to Pay &dollar;130&period;00 Restitution and All Items Used to Facilitate the Crime Were Forfeited</h2>&NewLine;<p>United States Attorney Richard W&period; Moore of the […] Read More

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Fraud News From World

Oct 15, 2018

Financial Fraud: Nicholas Ochs Pleaded Guilty To Counts One – Disaster Benefit Fraud

<h2>Ambler, Pennsylvania, Man Admits Defrauding FEMA Relating To Major Disaster</h2>&NewLine;<p>CAMDEN, N&period;J&period; – An Ambler, Pennsylvania, man today admitted defrauding the Federal Emergency Management Agency (FEMA) of thousands of dollars after Hurricane Sandy, U&period;S&period; Attorney Craig […] Read More

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Fraud News From World

Oct 13, 2018

Financial Fraud: David Scott Glasrud Convicted On Federal Theft, Fraud And False Statement Charges Arising

<h2>Founder and Former Administrator of Public Charter Schools in Albuquerque Sentenced to 60 Months for Conviction on Federal Theft, Fraud and False Statements Charges</h2>&NewLine;<p><strong>David Scott Glasrud also Ordered to Pay &dollar;3 Million in Restitution</strong></p>&NewLine;<p>ALBUQUERQUE – […] Read More

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Fraud News From World

Oct 13, 2018

Financial Fraud: Wayde McKelvy Convicted For Conspiracy to Engage in Securities Fraud And Wire Fraud

<h2>Founder of Bogus Green Energy Firm Convicted of Running a &dollar;54 Million Ponzi Scheme</h2>&NewLine;<p>PHILADELPHIA – U&period;S&period; Attorney William M&period; McSwain announced that Wayde McKelvy, of Colorado, was convicted by a jury of the following crimes&colon; […] Read More

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Fraud News From World

Oct 12, 2018

Investment Fraud: SUNG HONG Sentenced For Defrauding More Than 55 Clients On Affinity Investment Fraud

<h2>Couple Sentenced to Lengthy Prison Terms for &dollar;12&period;7 Million Affinity Investment Fraud</h2>&NewLine;<p><strong>Defendants Preyed on Faith Communities to Fund Lavish Lifestyle</strong></p>&NewLine;<p>SUNG HONG, 47, and HYUN JOO HONG, 42, of Clyde Hill, Washington were sentenced today in […] Read More

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Fraud News From World

Oct 08, 2018

Financial Fraud: Kevin Kyes Sentenced For Wire Fraud And Money Laundering Convictions Arising From Ponzi Scheme

<h2>Convicted Fraudster Sentenced To Five Years In Prison For &dollar;7 Million Ponzi Scheme</h2>&NewLine;<p>SAN FRANCISCO – Kevin Kyes was sentenced today to five years in prison for wire fraud and money laundering convictions arising from a […] Read More

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Fraud News From World

Oct 04, 2018

Financial Fraud: Eight Defendants Arrested For Stealing From Medicaid And The New York City Department

<h2>Eight Therapists Arrested In Scheme to Defraud Program for Developmentally Disabled Children</h2>&NewLine;<p><strong>Defendants Allegedly Defrauded the New York State Early Intervention Program Out of More Than &dollar;600,000 through Fraudulent Billing for Therapy Sessions that Never Occurred</strong></p>&NewLine;<p>A […] Read More

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Fraud News From World

Oct 04, 2018

Health Care Fraud: Wade Neal Barker Admitted His Role In The $200 Million Forest Park Medical Center Fraud

<h2>Surgeon Pleads Guilty In Forest Park Medical Center Bribery Scam</h2>&NewLine;<p>A Mesquite-based bariatric surgeon today formally admitted his role in the &dollar;200 million Forest Park Medical Center fraud, announced U&period;S&period; Attorney for the Northern District of […] Read More

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Fraud News From World

Oct 04, 2018

Tax Fraud: David Tielle Pleaded Guilty To Fraudulently Claim Tax Refunds Based On The Biodiesel Mixture Tax Credit

<h2>Pennsylvania Man Pleads Guilty to Biodiesel Tax Conspiracy</h2>&NewLine;<p>A Harrisburg, Pennsylvania man pleaded guilty yesterday in federal court to one count of conspiring to defraud the Internal Revenue Service (IRS), announced Principal Deputy Assistant Attorney General […] Read More

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Fraud News From World

Oct 02, 2018

Financial Fraud: Si Chen Pleaded Guilty To Participating In a Scheme That Illegally Exported Sensitive Space Communications Technology

<h2>Pomona Woman Sentenced to Federal Prison in Scheme to Smuggle Restricted Space Communications Technology to China</h2>&NewLine;<p>SANTA ANA, California – A Chinese national who pleaded guilty to participating in a scheme that illegally exported sensitive space […] Read More

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Fraud News From World

Oct 02, 2018

Financial Fraud: PAUL D. LAMARCHE Pleaded Guilty To Wire Fraud And Theft Of Government Property

<h2>Captain of Prominent Tourist Sailing Ship Sentenced to Prison for Illegally Claiming Disability</h2>&NewLine;<p><strong>Collected Disability Payments Claiming He Couldn’t Work, while Telling Coast Guard He had No Impairments for Captain’s Credentials</strong></p>&NewLine;<p>The Captain of a Seattle tourist […] Read More

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Fraud News From World

Oct 01, 2018

Cyber Crime: Filip Lucian Simion Sentenced For Conspiracy To Import Controlled Substances And Launder Money

<h2>Leader Of Darknet ItalianMafiaBrussels Drug Trafficking Organization Sentenced To 11 Years’ Imprisonment</h2>&NewLine;<p>DENVER – U&period;S&period; Attorney Bob Troyer announced that on September 26, 2018, U&period;S&period; District Court Judge R&period; Brooke Jackson sentenced Filip Lucian Simion, age […] Read More

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Fraud News From World

Oct 01, 2018

False Claims Act: KRH Along With Six Subsidiaries Have Agreed To Pay To Resolve Allegations That They Violated The False Claims Act

<h2>Kalispell Regional Healthcare System to Pay &dollar;24 Million to Settle False Claims Act Allegations</h2>&NewLine;<p>Montana-based Kalispell Regional Healthcare System (KRH) along with six subsidiaries and related entities – Kalispell Regional Medical Center (KRMC), HealthCenter Northwest LLC […] Read More

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October 2018