FraudsWatch
Atlanta Investment Firm CEO Sentenced to 7 Years for $9 Million Fraud, Cheetah Fund Collapse Leaves Investors Devastated
ATLANTA, GA – In a stark reminder of the risks lurking within the often-opaque world of private investment, Craig Allen,…
Joshua and Nicole Pennington Faces Justice: A Deep Dive into Multi-Million Dollar COVID-19 Relief Fraud
Kentucky COVID Fraud: Couple Indicted in $1M+ PPP and EIDL Loan Scheme
SouthEast Bank Hit with $1.5M Fine for Discriminatory Student Loan Refinancing Practices Against Minorities
In a significant move towards addressing systemic inequalities in the financial sector, the Justice Department has announced a landmark settlement…
Scott Mason Charged in $17 Million Fraud Scheme Targeting Friends and Family: Lavish Lifestyle Funded by Decades of Deceit
Philadelphia, PA – A prominent Pennsylvania investment advisor, Scott Mason, 66, of Gladwyne, faces a litany of federal charges including…
Supreme Court Upholds Law Forcing TikTok Sale: National Security Concerns Trump Free Speech Arguments, Says DOJ
WASHINGTON, D.C. – The United States Supreme Court has delivered a landmark decision in the closely watched case of TikTok,…
American Express Settles for Over $138 Million After Misleading Customers with False Tax Advice on Wire Products: A Deep Dive into the Scandal
NEW YORK – In a significant blow to its reputation and finances, American Express Company (AMEX) has agreed to a…
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
WASHINGTON, D.C. – In a decisive move underscoring the U.S. government's commitment to enforcing environmental regulations, the Department of Justice…
American Express Settles for $108.7 Million: A Deep Dive into Deceptive Practices and What It Means for Small Businesses
American Express, a titan in the financial industry, recently found itself in hot water after the United States Department of…
Elderly Authors Bilked Out of $44 Million in “Blockbuster Book Deal” Scam
San Diego, CA - In a shocking case of fraud, a federal grand jury has indicted three individuals for allegedly…
Bollinger Shipyard Pays $1 Million to Settle False Claims Act Allegations: A Deep Dive
Lockport, Louisiana-based Bollinger Shipyard LLC has agreed to a $1,025,000 settlement to resolve allegations of violating the False Claims Act…
The Unraveling Trust: David Smerling Accused of Embezzling Millions from Clients in Massachusetts
BOSTON – A case that strikes at the very heart of professional trust and fiduciary responsibility has rocked the legal…
PharmaLogic Holdings Corporation Settles False Claims Act Allegations for $350,000, Avoiding Higher NRC Fees
Baltimore, MD – The recent $350,000 settlement between PharmaLogic Holdings Corporation and the U.S. government over falsely claimed small entity…
Advanced Banking Security: Defend Against Evolving Fraud Tactics
In an increasingly digital world, the threat of banking fraud looms large, constantly evolving to exploit vulnerabilities in our financial…
Two Men Indicted in $3 Million Tax Fraud Scheme Exploiting COVID-Era and Fuel Tax Credits
ST. PAUL, Minn. – A federal grand jury has indicted two men, Henry Remington Herod, 42, of Minneapolis, and Matthew…
The Ultimate Guide to Preventing Insurance Fraud: Stay Safe and Save Money
Let's be honest, insurance isn't always the most exciting topic. But what is exciting is saving money and avoiding scams.…