Image depicting the extradition of Liridon Masurica and the disruption of BlackDB.cc.

The Extradition of Liridon Masurica and the Disruption of the BlackDB.cc Criminal Marketplace: A Case Study in International Cybercrime Enforcement

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I. Executive Summary This report details the extradition of Liridon Masurica, allegedly known as “@blackdb,” from Kosovo to the United States to face federal charges related to his purported role as the lead administrator of BlackDB.cc, an online criminal marketplace. Masurica is accused of facilitating the sale of compromised data, leading to widespread fraud. His […]

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Illustration depicting fraudulent Paycheck Protection Program applications with shadowy figures stealing money, symbolizing the widespread PPP loan fraud and misuse of CARES Act funds intended for small business relief.

Connecticut Accountant Admits to $2.3M PPP Fraud: Inside the Schemes That Exploited COVID Relief

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BRIDGEPORT, CT – The guilty plea of Yasir G. Hamed, a 60-year-old accountant from Woodbridge, Connecticut, on May 9, 2025, for defrauding the Paycheck Protection Program (PPP) of over $2.3 million, casts a stark light on the pervasive exploitation of pandemic relief efforts.1 This case, while significant in its own right, serves as a potent

Connecticut Accountant Admits to $2.3M PPP Fraud: Inside the Schemes That Exploited COVID Relief Read More »

GPB Capital executives in handcuffs after $1.6 billion fraud sentencing.

GPB Capital Executives Jailed: Unraveling a $1.6 Billion Web of Lies and Investor Deception

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Brooklyn, NY – The architects of a sprawling $1.6 billion fraud that victimized over 10,000 investors faced their day of reckoning as David Gentile, the founder and former Chief Executive Officer (CEO) of GPB Capital, and Jeffry Schneider, the former CEO of Ascendant Capital, were sentenced to significant prison terms. United States District Judge Rachel

GPB Capital Executives Jailed: Unraveling a $1.6 Billion Web of Lies and Investor Deception Read More »

Shattered digital heart symbolizing emotional and financial devastation from online romance scam.

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

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Introduction: The Human Cost of a Calculated Deception – The Kingsley Ibhadore Case The fight against sophisticated financial fraud claimed a small victory on May 5, 2025, when Kingsley Sebastian Ibhadore, a 40-year-old Nigerian citizen and lawful U.S. resident residing in Glendale, Arizona, was sentenced to 17 months in prison by United States District Judge

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

Illustration showing an unstable pyramid of cash, symbolizing the William Lamar Rhew III Ponzi scheme collapse.

The Case of William Lamar Rhew III: A Legal Analysis of a Multimillion-Dollar Ponzi Scheme and Financial Fraud

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Executive Summary This report provides a comprehensive analysis of the criminal enterprise orchestrated by William Lamar Rhew, III, culminating in his guilty plea on May 6, 2025, to charges of wire fraud, money laundering, securities fraud, tax evasion, and failure to file a tax return. Operating through his company, Chadley Capital, LLC, Rhew executed a

The Case of William Lamar Rhew III: A Legal Analysis of a Multimillion-Dollar Ponzi Scheme and Financial Fraud Read More »

Discarded bank statements and mail visible in an unsecured trash bin, illustrating the risk of identity theft through dumpster diving.

Dumpster Diving for Documents: The Low-Tech Threat Fueling High-Stakes Identity Theft

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Unearthing a Persistent Threat In an era dominated by sophisticated cyberattacks and complex digital fraud schemes, it might seem counterintuitive that one of the most enduring methods for stealing personal information involves rummaging through refuse. “Dumpster diving,” the act of searching through discarded trash, remains a surprisingly effective tactic for identity thieves seeking the raw

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Credit Suisse’s Repeated Failures: An Analysis of the 2025 DOJ Settlement for Offshore Tax Evasion Conspiracy

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Introduction: Credit Suisse Settles Again – A Legacy of Tax Evasion and Broken Promises On May 5, 2025, a significant chapter unfolded in the long and often contentious history of U.S. efforts to combat offshore tax evasion facilitated by Swiss financial institutions. Credit Suisse Services AG (CSS AG), a subsidiary of the venerable Credit Suisse

Credit Suisse’s Repeated Failures: An Analysis of the 2025 DOJ Settlement for Offshore Tax Evasion Conspiracy Read More »

Image depicting federal court proceedings related to the $9.1 million VA Post-9/11 GI Bill education benefits fraud scheme in Honolulu involving Brian Matsudo, Marshall Scott, and Raheem Wells.

$9.1M GI Bill Fraud: Honolulu School Owner Pleads Guilty in Scheme Exploiting Veteran Education Benefits; Two Others Face Charges

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HONOLULU, HI – The owner of a Honolulu massage therapy school has pleaded guilty to federal charges, admitting his role in a complex scheme that defrauded the U.S. Department of Veterans Affairs (VA) of over $9.1 million intended for veteran education benefits, primarily targeting the Post-9/11 GI Bill program. Brian Matsudo, 58, entered a guilty

$9.1M GI Bill Fraud: Honolulu School Owner Pleads Guilty in Scheme Exploiting Veteran Education Benefits; Two Others Face Charges Read More »

Abstract image representing the conviction of a Louisiana nurse practitioner for telehealth and DME Medicare fraud.

Analysis of the Shanone Chatman-Ashley Healthcare Fraud Conviction: Exploitation of Telehealth and Durable Medical Equipment Schemes

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Executive Summary Shanone Chatman-Ashley, a 45-year-old licensed Nurse Practitioner (NP) from Opelousas, Louisiana, was recently convicted by a federal jury for orchestrating a significant healthcare fraud scheme targeting the Medicare program. Operating between 2017 and 2019, Chatman-Ashley exploited her position as an independent contractor for purported telehealth service companies to facilitate fraudulent claims exceeding $2

Analysis of the Shanone Chatman-Ashley Healthcare Fraud Conviction: Exploitation of Telehealth and Durable Medical Equipment Schemes Read More »

Cracking modern building facade reveals chaotic financial data and falling dollar signs within, symbolizing the Mara Investment Group hedge fund fraud and collapse.

From Quantitative Whiz to Convicted Felon: Inside Justin Murphy’s $3.5 Million Mara Investment Hedge Fund Fraud

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The Fall of a Greenwich Hedge Fund Operator The world of high finance, particularly the exclusive enclave of Greenwich, Connecticut hedge funds, often conjures images of sophisticated strategies and substantial returns. It was within this environment that Justin C. Murphy, a 50-year-old resident of nearby Stamford, operated Mara Investment Group. For years, Murphy cultivated an

From Quantitative Whiz to Convicted Felon: Inside Justin Murphy’s $3.5 Million Mara Investment Hedge Fund Fraud Read More »

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