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FraudsWatch

FraudsWatch is а site reporting on fraud and scammers on internet, in financial services and personal. Providing a daily news service publishes articles contributed by experts; is widely reported in thе latest compliance requirements, and offers very broad coverage of thе latest online theft cases, pending investigations and threats of fraud.

Kingsley Ibhadore Jailed: Unmasking the Deceptive Triangle of Romance Scams, Money Mules, and Financial Structuring

<h2 class&equals;”wp-block-heading”>Introduction&colon; The Human Cost of a Calculated Deception – The Kingsley Ibhadore Case<&sol;h2>&NewLine;<p>The fight against sophisticated financial fraud claimed a small victory on May 5&comma; 2025&comma; when Kingsley Sebastian Ibhadore&comma; a 40-year-old Nigerian citizen […] Read More
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The Case of William Lamar Rhew III: A Legal Analysis of a Multimillion-Dollar Ponzi Scheme and Financial Fraud

<h2 class&equals;”wp-block-heading”>Executive Summary<&sol;h2>&NewLine;<p>This report provides a comprehensive analysis of the criminal enterprise orchestrated by William Lamar Rhew&comma; III&comma; culminating in his guilty plea on May 6&comma; 2025&comma; to charges of wire fraud&comma; money laundering&comma; securities […] Read More
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Analysis of the Shanone Chatman-Ashley Healthcare Fraud Conviction: Exploitation of Telehealth and Durable Medical Equipment Schemes

<h2 class&equals;”wp-block-heading”>Executive Summary<&sol;h2>&NewLine;<p>Shanone Chatman-Ashley&comma; a 45-year-old licensed Nurse Practitioner &lpar;NP&rpar; from Opelousas&comma; Louisiana&comma; was recently convicted by a federal jury for orchestrating a significant healthcare fraud scheme targeting the Medicare program&period;<sup><&sol;sup> Operating between 2017 and […] Read More
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From Quantitative Whiz to Convicted Felon: Inside Justin Murphy’s $3.5 Million Mara Investment Hedge Fund Fraud

<h2 class&equals;”wp-block-heading”>The Fall of a Greenwich Hedge Fund Operator<&sol;h2>&NewLine;<p>The world of high finance&comma; particularly the exclusive enclave of Greenwich&comma; Connecticut hedge funds&comma; often conjures images of sophisticated strategies and substantial returns&period; It was within this […] Read More
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Decade of Deceit: Bookkeeper’s $1.4M Embezzlement Scheme Leads to Federal Prison – A Case Study in Fraud, Identity Theft, and Business Protection

<h2 class&equals;”wp-block-heading”>Introduction<&sol;h2>&NewLine;<p>In a stark reminder of the vulnerabilities businesses face from within&comma; Valerie Joseph&comma; 61&comma; of Murrells Inlet&comma; South Carolina&comma; was recently sentenced to 53 months in federal prison&comma; followed by 12 months of home […] Read More
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Exploited Lifelines: Anatomy of a Multi-Million Dollar Pandemic Relief Fraud – The Fayetteville Case

<h2 class&equals;”wp-block-heading”>1&period; Introduction&colon; Anatomy of a Pandemic Fraud &&num;8211&semi; The Fayetteville Case<&sol;h2>&NewLine;<p>In a Fayetteville&comma; Arkansas federal courtroom&comma; the carefully constructed facade of a legitimate business couple crumbled&period; Fawaad Welch and Julia Youngblood&comma; both 41 and […] Read More
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Unlocking Trouble: Inside the Richard Sherman SIM Fraud Conspiracy and the Fight Against Telecom Insider Threats

<h2 class&equals;”wp-block-heading”>I&period; Introduction&colon; An Inside Job Shakes the Telecom Sector<&sol;h2>&NewLine;<p>In a stark illustration of the vulnerabilities lurking within major corporations&comma; a former employee of a multinational telecommunications company recently admitted to orchestrating a sophisticated&comma; long-running […] Read More
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Slifco Electric Pays $1.46M to Settle PPP Fraud Allegations Over Undisclosed Owner Payouts, False Certifications

<p><strong>DETROIT&comma; MI<&sol;strong> – A Sterling Heights&comma; Michigan electrical contracting firm&comma; Slifco Electric&comma; LLC&comma; and its sole owner&comma; John P&period; Slifco&comma; have agreed to pay &dollar;1&comma;460&comma;062 to the United States government to resolve allegations of violating […] Read More
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Malware Unmasked: Understanding, Preventing, and Combating Digital Threats

<h2 class&equals;”wp-block-heading”>Introduction&colon; The Pervasive Threat of Malicious Software<&sol;h2>&NewLine;<p>In today&&num;8217&semi;s interconnected world&comma; digital technologies underpin nearly every aspect of modern life and commerce&period; However&comma; this reliance creates vulnerabilities that malicious actors are eager to exploit&period; Central […] Read More
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Elite Payroll Collapse: Matthew S. Brown – Analysis of a $22 Million Payroll Tax Fraud Scheme and Sentencing

<h2 class&equals;”wp-block-heading”>Executive Summary<&sol;h2>&NewLine;<p>This report details the significant payroll tax fraud scheme orchestrated by Matthew S&period; Brown of Palm Beach Gardens&comma; Florida&comma; through his company Elite Payroll and other controlled businesses&period; Between 2014 and 2022&comma; Brown […] Read More
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Genexe, Immerge, and Executives Pay $6 Million to Settle Medicare Fraud Allegations Over Unnecessary Genetic Testing and Kickbacks

<p><strong>Settlement Resolves False Claims Act and Anti-Kickback Statute Allegations Involving CGx&sol;PGx Tests Procured Through Marketing and Telemedicine Scheme<&sol;strong><&sol;p>&NewLine;<p><strong>Introduction<&sol;strong><&sol;p>&NewLine;<p>The landscape of federal healthcare fraud enforcement saw another significant development as Genexe&comma; LLC&comma; its parent company Immerge&comma; […] Read More
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Longtime Defense Contractor Associate Thomas G. Ehr Pleads Guilty in $128 Million Tax Fraud Conspiracy Linked to Afghanistan Jet Fuel Contracts; Sixth Defendant Convicted in Major International Investigation

<p><strong>Introduction&colon; Unveiling a Decade-Long Deception Affecting U&period;S&period; Treasury and Defense Operations<&sol;strong><&sol;p>&NewLine;<p>WASHINGTON – A complex and long-running scheme designed to defraud the United States government culminated in a significant development as Thomas G&period; Ehr&comma; 63&comma; pleaded […] Read More
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Oklahoma TRICARE Fraud Case Exposes Vulnerabilities: Inside the $7 Million Scheme Targeting Military Families and Taxpayers

<h2 class&equals;”wp-block-heading”>Betraying Trust &&num;8211&semi; Fraud Against Military Healthcare<&sol;h2>&NewLine;<p>The recent sentencing of three individuals from the Lawton&comma; Oklahoma area—Jimmie Mathews&comma; 41&comma; Nathan Mathews&comma; 42&comma; and Amber Delger&comma; 55—marks the culmination of a significant federal investigation into […] Read More
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Walgreens Hit with $350 Million Federal Settlement Over Opioid Dispensing Violations and False Claims Amid Ongoing Crisis

<p><strong>DOJ alleges decade of illegal prescription filling&semi; settlement mandates strict compliance measures&comma; follows pattern of prior opioid-related penalties for pharmacy giant&period;<&sol;strong><&sol;p>&NewLine;<p>WASHINGTON — Walgreens Boots Alliance&comma; one of the nation&&num;8217&semi;s largest pharmacy chains&comma; has agreed to […] Read More
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