Browsing author
Nomura Agrees to Pay $480 Million in Civil Penalties for Misleading Investors in Sale of Residential Mortgage-Backed Securities The United States has reached an agreement with Nomura Holding America Inc. and several of its affiliates (“Nomura”), which will pay a $480 million penalty to resolve federal civil claims that Nomura misled investors in connection with […]
Mobile County Man Receives 18 Month Sentence for Making Counterfeit United States Currency, Ordered to Pay $130.00 Restitution and All Items Used to Facilitate the Crime Were Forfeited United States Attorney Richard W. Moore of the Southern District of Alabama announced that Christopher M. Tanner, a 45 year old resident of Mobile, Alabama was sentenced […]
Ambler, Pennsylvania, Man Admits Defrauding FEMA Relating To Major Disaster CAMDEN, N.J. – An Ambler, Pennsylvania, man today admitted defrauding the Federal Emergency Management Agency (FEMA) of thousands of dollars after Hurricane Sandy, U.S. Attorney Craig Carpenito announced. Nicholas Ochs, 54, pleaded guilty before U.S. District Judge Jerome B. Simandle in Camden federal court to […]
Founder and Former Administrator of Public Charter Schools in Albuquerque Sentenced to 60 Months for Conviction on Federal Theft, Fraud and False Statements Charges David Scott Glasrud also Ordered to Pay $3 Million in Restitution ALBUQUERQUE – Senior U.S. District Judge James A. Parker today sentenced David Scott Glasrud, 51, the former administrator of Southwest […]
Founder of Bogus Green Energy Firm Convicted of Running a $54 Million Ponzi Scheme PHILADELPHIA – U.S. Attorney William M. McSwain announced that Wayde McKelvy, of Colorado, was convicted by a jury of the following crimes: Conspiracy to Commit Wire Fraud (one count); Wire Fraud (seven counts); Conspiracy to Engage in Securities Fraud (one count); […]
Couple Sentenced to Lengthy Prison Terms for $12.7 Million Affinity Investment Fraud Defendants Preyed on Faith Communities to Fund Lavish Lifestyle SUNG HONG, 47, and HYUN JOO HONG, 42, of Clyde Hill, Washington were sentenced today in U.S. District Court in Seattle to lengthy prison terms for defrauding more than 55 clients out of $12.7 […]
Convicted Fraudster Sentenced To Five Years In Prison For $7 Million Ponzi Scheme SAN FRANCISCO – Kevin Kyes was sentenced today to five years in prison for wire fraud and money laundering convictions arising from a $7 million Ponzi scheme, announced United States Attorney Alex G. Tse, Federal Bureau of Investigation Special Agent in Charge […]
Eight Therapists Arrested In Scheme to Defraud Program for Developmentally Disabled Children Defendants Allegedly Defrauded the New York State Early Intervention Program Out of More Than $600,000 through Fraudulent Billing for Therapy Sessions that Never Occurred A criminal complaint was unsealed today in federal court in Brooklyn charging Kaderrah Doyle, Cara Steinberg, Marina Golfo, Ego […]
Surgeon Pleads Guilty In Forest Park Medical Center Bribery Scam A Mesquite-based bariatric surgeon today formally admitted his role in the $200 million Forest Park Medical Center fraud, announced U.S. Attorney for the Northern District of Texas Erin Nealy Cox. 53-year-old Wade Neal Barker, one of Forest Park’s founding doctors, appeared in court this morning, […]
Pennsylvania Man Pleads Guilty to Biodiesel Tax Conspiracy 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 Richard E. Zuckerman of the Justice Department’s Tax Division, Acting Assistant Attorney General Jeffrey H. Wood of the Justice […]