Internet Fraud and Scams News

Former Army Manager Sentenced to Prison for Taking $1 Million in Illegal Gratuities PITTSBURGH – A resident of Rochester Hills, Michigan, has been sentenced in federal court to 46 months incarceration and a $100,000 fine, […] Read More

Intellectual Property: Jerry Jindong Xu Charged With Conspiracy To Steal Trade Secretsty: Jerry Jindong Xu Charged With Conspiracy To Steal Trade Secrets

Former Chemours Employee Charged With Conspiracy To Steal Trade Secrets In Connection With Plan To Sell Trade Secrets To Chinese Investors Former Employee Intended To Infringe On Chemours’ Lucrative Sodium Cyanide Business WILMINGTON, Del. – A […] Read More

Financial Fraud: Jason T. Posey Guilty For His Role In Orchestrating a Scheme to Steal From Charitable Foundations

Former Congressional Staffer Pleads Guilty to Extensive Fraud and Money Laundering Scheme HOUSTON – A former congressional staffer pleaded guilty today for his role in orchestrating a scheme to steal hundreds of thousands of dollars […] Read More

Financial Fraud: Joseph Felix Strevell Sentenced To Be Followed By a Three-Year Term of Supervised Release And Five Counts of Perjury

Former NYS Deputy Secretary of State Sentenced to Serve Thirty Months in Prison for Perjury Gave False Sworn Testimony About Personal and Family Expenditures ALBANY, NEW YORK – Joseph Felix Strevell, 56, of Castleton, New […] Read More

Financial Fraud: DAVID STASIOR Charged For Providing Financing And Financial Advice to an Illegal Brothel

Manhattan U.S. Attorney Announces Charges Against Massachusetts Businessman For Money Laundering, Financial Support For Manhattan Brothel Joon H. Kim, the Acting United States Attorney for the Southern District of New York, Charles Brandeis, the Special […] Read More

Small Business Fraud: Sage Tee and Ms. Laura Shikashio Have Agreed to Pay to Resolve Allegations That They Violated The False Claims Act – FCA

Owner of Hanford Subcontractor to Pay $235,000 to Settle Small Business Fraud Allegations Spokane – Joseph H. Harrington, Acting United States Attorney for the Eastern District of Washington, announced that the U.S. Department of Justice […] Read More

Tax Fraud: Thomas G. Buckner And John. P. Buckner Sentenced on Charges of Major Fraud Against the U.S. Department of Defense And Income Tax Evasion Violations

Brothers Sentenced to Prison for Defrauding U.S. Department of Defense PITTSBURGH – Thomas G. Buckner, 66, of Gibsonia, Pa., and his brother, John. P. Buckner of Lyndora, Pa., have been sentenced in federal court to […] Read More

Financial Fraud: ROBERT JON SCHLYER Convicted on Federal Fraud Charges For Scheming to Provide Falsified Documents to Prevent Foreclosure

October 10, 2017 FraudsWatch 0

Federal Jury Convicts Lawyer on Charges of Defrauding an Elderly Couple and a Bank to Prevent Foreclosure on Aurora Property CHICAGO — A lawyer licensed to practice in Illinois has been convicted on federal fraud […] Read More

Financial Fraud: Metropolis of London Is Preparing With a New Court Against Cybercrime And Fraud

A new state-of-the-art court docket to tackle cyber crime and fraud within the financial sector is to open inside the metropolis of London. The metropolis of London business enterprise has introduced plans for a new […] Read More

Law School Scam: Charlotte School of Law Closes

October 7, 2017 FraudsWatch 0

Charlotte School of Law, a beset revenue driven law school, has closed down, state authorities affirmed — making it the country’s second authorize law school to close its entryways this year. Law School Scam Despite […] Read More

Financial Fraud: Pacific Western Bank Paid to Resolve Allegations That First California Bank For Facilitating The Embezzlement Scheme of Kinde Durkee

October 7, 2017 FraudsWatch 0

Pacific Western Bank Pays $1.75 Million To Resolve Firrea Allegations Relating To Kinde Durkee Embezzlement Scheme FRESNO, Calif. — Pacific Western Bank (“PacWest”) has paid $1.75 million to resolve allegations that First California Bank, which […] Read More

Cyber Crime: Ryan S. Lin Charged That He Conducted an Extensive Cyberstalking

October 6, 2017 FraudsWatch 0

Massachusetts Man Arrested and Charged with Cyberstalking Former Roommate Defendant engaged in extensive online harassment and privacy intrusions Boston – A Massachusetts man was arrested last night on charges that he conducted an extensive cyberstalking […] Read More

Mortgage Fraud: Robert Pena Pleaded Guilty in Connection With Defrauding the Government National Mortgage Association – Ginnie Mae

October 5, 2017 FraudsWatch 0

Mortgage Company President Pleads Guilty to Defrauding Ginnie Mae BOSTON – The president and founder of a Falmouth mortgage company pleaded guilty yesterday in federal court in Boston in connection with defrauding the Government National […] Read More

Investment Fraud: MICHAEL SCRONIC Charged With Securities Fraud And Wire Fraud Arising Out of His Execution of a $19 Million Ponzi Scheme

October 5, 2017 FraudsWatch 0

Westchester Hedge Fund Manager Arrested For Running A Ponzi Scheme Joon H. Kim, the Acting United States Attorney for the Southern District of New York, and William F. Sweeney Jr., the Assistant Director-in-Charge of the […] Read More

Health Care Fraud: Jason Cerge Pleaded Guilty For Defrauding TRICARE – a Health Insurance Program For Members of The Military

Pharmaceutical Employee Admits Scheme To Defraud Military Health Insurance Program NEWARK, N.J. – A Media, Pennsylvania, man today admitted defrauding TRICARE – a health insurance program for members of the military and their families – […] Read More

Identity Theft: Corry E. Pearson Guilty Of One Count of Conspiracy to Commit Wire Fraud

Owner of Tax Preparation Business Convicted of Wire Fraud, Aggravated Identity Theft and Money Laundering Corry E. Pearson, 28, of Riviera Beach, was found guilty by a jury of one count of conspiracy to commit […] Read More

Financial Fraud: Five Defendants Charged With Scheme to Steal Victims Credit Cards And Defraud Them

Five members of credit card theft ring plead guilty ATLANTA – Treveyon Herring, one of five defendants charged with stealing credit cards from the baggage loading areas of Hartsfield-Jackson International Airport and a private mail […] Read More

Health Care Fraud: Three Whistleblowers, Known As Relators, Filed Two Lawsuits Under The Qui Tam Provision of The False Claims Act