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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.

Financial Fraud: Amechi Colvis Amuegbunam Sentenced In Business Email Compromise (BEC) Scheme

<h2 class&equals;”node-title”>Nigerian Man Sentenced for Role in &OpenCurlyDoubleQuote;Business Email Compromise” Scheme That Caused &dollar;3&period;7 Million Loss to U&period;S&period; Companies<&sol;h2>&NewLine;<div class&equals;”field field–name-field-pr-body field–type-text-long field–label-hidden”>&NewLine;<div class&equals;”field&lowbar;&lowbar;items”>&NewLine;<div class&equals;”field&lowbar;&lowbar;item even”>&NewLine;<p><b>DALLAS<&sol;b> — A Nigerian citizen in the U&period;S&period; on a […] Read More
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Financial Fraud: Deborah Joy Durand Convicted of False Statements to Obtain Federal Employees Compensation Benefits, Wire Fraud, False Claims Relating to Workers Compensation Benefits, and Theft of Government Property

<h2>Former Postal Employee Convicted for Fraudulently Obtaining Workers&&num;8217&semi; Compensation Benefits<&sol;h2>&NewLine;<p>GREAT FALLS &&num;8211&semi; The United States Attorney’s Office announced a federal court convicted Deborah Joy Durand of False Statements to Obtain Federal Employees’ Compensation Benefits&comma; Wire […] Read More
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Financial Fraud: James Robert Liang, a Volkswagen Engineer, Was Sentenced For His Role In a Nearly 10-Year Conspiracy to Defraud U.S.

<h2>Volkswagen Engineer Sentenced for His Role in Conspiracy to Cheat U&period;S&period; Emissions Tests<&sol;h2>&NewLine;<p>DETROIT&comma; Michigan – James Robert Liang&comma; a Volkswagen engineer&comma; was sentenced today by U&period;S&period; District Judge Sean F&period; Cox of the Eastern District […] Read More
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Tax Fraud: Kenneth J. Coleman Charged in a Nine-Count Indictment Filed of Second-Hand Prescription Drugs

<h2>Texas Residents Indicted for Laundering and Structuring Proceeds from Sale of Second-Hand Prescription Drugs<&sol;h2>&NewLine;<p><strong>Income Allegedly Not Reported on Federal Tax Returns<&sol;strong><&sol;p>&NewLine;<p>A federal grand jury sitting in Houston&comma; Texas returned an indictment&comma; which was unsealed today&comma; […] Read More
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Financial Fraud: The United States Filed Two Complaints That The Companies Have Participated in Schemes to Launder U.S. Dollars On Behalf of Sanctioned North Korean

<h2>United States Files Complaints to Forfeit More Than &dollar;11 Million From Companies That Allegedly Laundered Funds To Benefit Sanctioned North Korean Entities<&sol;h2>&NewLine;<p>WASHINGTON – The United States filed two complaints today seeking imposition of a civil […] Read More
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Public Corruption And Financial Fraud: Captain Jesus Vasquez Cantu Charged so Far as Part of The Massive Fraud And Bribery Investigation

<h2>Former Assistant Chief of Staff of the U&period;S&period; Navy’s Seventh Fleet Charged in Massive Navy Corruption Scandal&semi; Pleads Guilty to Bribery Conspiracy<&sol;h2>&NewLine;<p><strong>Assistant U&period;S&period; Attorneys Mark W&period; Pletcher &lpar;619&rpar; 546-9714 and Patrick Hovakimian &lpar;619&rpar; 546-9718<&sol;strong><&sol;p>&NewLine;<p>SAN DIEGO […] Read More
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Financial Fraud: Common Investment Frauds

<p>Investment scams prey on your hope to earn interest or a return on investment on the amount of money that you invest&period; The Securities and Exchange Commission &lpar;SEC&rpar; <a href&equals;”https&colon;&sol;&sol;investor&period;gov&sol;protect-your-investments&sol;fraud&sol;types-fraud&num;&period;VA32ZsVSHPR”>offers overviews of many common investment frauds<&sol;a>&comma; […] Read More
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Financial Fraud: Alfonso Liburd Pleaded Guilty to Improperly Aiding And Abetting Navy Port Engineer

<h2>Navy Contractor Admits Accepting Funds from Port Engineer Administering Contracts Involving his Company<&sol;h2>&NewLine;<p>Assistant U&period;S&period; Attorney Phillip L&period;B&period; Halpern &lpar;619&rpar; 546-6964<&sol;p>&NewLine;<p>SAN DIEGO – Alfonso Liburd&comma; the President and Chief Executive Officer of San Diego-based defense contractor […] Read More
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Financial Fraud: PHH Corp., PHH Mortgage Corp. and PHH Home Loans (PHH) Have Agreed to Pay To Resolve Alleged False Claims Act Liability Arising From Mortgage Lending

<h2>PHH Agrees To Pay &dollar;74 Million To Resolve Alleged False Claims Act Liability Arising From Mortgage Lending<&sol;h2>&NewLine;<p>NEWARK&comma; N&period;J&period; – PHH Corp&period;&comma; PHH Mortgage Corp&period; and PHH Home Loans &lpar;PHH&rpar; have agreed to pay the United […] Read More
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Car Insurance Premiums Fraud

<h2 class&equals;”title”>Did you commit fraud when you bought car insurance&quest;<&sol;h2>&NewLine;<p>Americans might agree that <strong>auto insurance<&sol;strong> companies aren&&num;8217&semi;t perfect in regards to deciding how much policyholders should pay in premiums&period; Most of all of us think […] Read More
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Student Loan Scam Faced by The Federal Agency

<p>Federal government investigators have halted an alleged student loans debt pain relief scam that bilked more than &dollar;11 million from consumers nationwide&period;<&sol;p>&NewLine;<p>Strategic Student Solutions and several related companies inaccurately promised to minimize or eliminate student […] Read More
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