Browsing monthly archive

January 2025

Extradited Suspect Faces Charges in $60 Million International Bank Fraud and Money Laundering Ring: Erick Jason Victoria-Brito Arraigned in New York

<p><strong>NEW YORK&comma; NY<&sol;strong> – In a significant victory for law enforcement against complex international <strong>financial crimes<&sol;strong>&comma; Erick Jason Victoria-Brito&comma; a 30-year-old resident of Hollywood&comma; Florida&comma; has been extradited from the Dominican Republic to the United […] Read More
FraudsWatch 0

From State House to Prison: Ex-Florida Rep. Reginald Fullwood Jr.’s Decade-Long History of Fraud Culminates in 37-Month Sentence

<h2 class&equals;”wp-block-heading”>From Campaign Finance Violations to Medicare Fraud&colon; The Case of Reginald Fullwood&comma; Jr&period;<&sol;h2>&NewLine;<p>JACKSON&comma; Mississippi &&num;8211&semi; The saga of Reginald Fullwood Jr&period;&comma; a former Florida State Representative&comma; took another dramatic turn this week as the […] Read More
FraudsWatch 0

Dubai’s Wall Street Exchange Pays $9 Million Fine in U.S. Bank Fraud Case: A Cautionary Tale of AML Compliance Failures

<p><strong>NEW YORK&comma; NY &lpar;January 20&comma; 2025&rpar;<&sol;strong> – In a significant development underscoring the importance of robust anti-money laundering &lpar;AML&rpar; compliance&comma; Dubai-based money exchange service provider&comma; Wall Street Exchange &lpar;WSE&rpar;&comma; has entered into a non-prosecution agreement […] Read More
FraudsWatch 0

Scott Mason Charged in $17 Million Fraud Scheme Targeting Friends and Family: Lavish Lifestyle Funded by Decades of Deceit

<p><strong>Philadelphia&comma; PA<&sol;strong> – A prominent Pennsylvania investment advisor&comma; Scott Mason&comma; 66&comma; of Gladwyne&comma; faces a litany of federal charges including <strong>wire fraud<&sol;strong>&comma; <strong>securities fraud<&sol;strong>&comma; <strong>investment advisor fraud<&sol;strong>&comma; and <strong>filing false tax returns<&sol;strong>&comma; after allegedly orchestrating […] Read More
FraudsWatch 0

Fayat S.A.S. Hit with $11 Million Fine for Massive Clean Air Act Violations, EPA and DOJ Crack Down on Illegal Diesel Engine Imports

<p><strong>WASHINGTON&comma; D&period;C&period;<&sol;strong> – In a decisive move underscoring the U&period;S&period; government&&num;8217&semi;s commitment to enforcing environmental regulations&comma; the Department of Justice &lpar;DOJ&rpar; and the Environmental Protection Agency &lpar;EPA&rpar; have announced a landmark settlement agreement with French […] Read More
FraudsWatch 0