Fraud News From World

Financial Fraud: John Gregory Alexander Herrin Convicted Of One Count Of Interstate Transportation Of Stolen Property And Eight Counts Of Money Laundering

Jury Convicts Ex-employee Of Transporting Stolen Property And Money Laundering After $390,000 Disappeared From Armored Truck HELENA – A jury on Thursday convicted a Helena man who worked for GardaWorld…

7 Min Read

False Claims Act: ResMed Corp Has Agreed To Pay To Resolve Alleged False Claims Act Violations

ResMed Corp. to Pay $37.5 Million for Allegedly Causing False Claims Related to the Sale of Equipment for Sleep Apnea and other Disorders SAN DIEGO – ResMed Corp., a manufacturer…

8 Min Read

Health Care Fraud: Joe David May Charged In Kickbacks Generate Expensive Compounded Drug Prescriptions

Doctor and Sales Rep Charged in $12 Million Fraud Scheme Targeting Tricare and Extensive Cover Up Kickbacks Generate Expensive Compounded Drug Prescriptions LITTLE ROCK—A doctor and a medical sales representative…

11 Min Read

Health Care Fraud: Thomas Edward Spell Was Sentenced For His involvement In a Million Compounding Pharmacy Fraud Scheme

Pharmacy Owner Sentenced to 10 Years in Prison for Role in Largest Health Care Fraud Case Ever in Mississippi Nationwide Compound Pharmacy Fraud Scheme Involved Almost a Quarter of a…

7 Min Read

Financial Fraud: Michael Watts Convicted For Illegal Stock Promotion And Manipulation Scheme

Corporate Insider Convicted of Conspiring with Others at Long Island Boiler Room to Pump and Dump Stock on Unsuspecting Elderly Investors Illegal Stock Promotion and Manipulation Scheme Cost Victims Million…

4 Min Read

Andrew Cuomo Signed a Measure That Charges Against People Who Have Received a Presidential Pardon

Cuomo Signs Law Aimed At Weakening Trump's Pardon Power, Closes 'Double Jeopardy' Loophole New York Gov. Andrew Cuomo signed a measure Wednesday that would allow the state to pursue charges…

5 Min Read

Investment Fraud: Hector Absi Pleads Guilty To Conspiracy To Commit Mail, Wire, And Securities Fraud

Former Chief Operating Officer of Davis Bio-Pesticide Company Pleads Guilty to Conspiracy to Commit Mail, Wire, and Securities Fraud SACRAMENTO, Calif. — Hector Absi, 51, of Las Vegas, Nevada, pleaded…

4 Min Read

Financial Fraud: Michael Cary Lawing Sentenced For One-Count Felony Information Charging Him With Conspiracy To Commit Wire Fraud

Another Tech Support Fraudster Sentenced To Prison An American citizen who spent over a year running the day-to-day operations of a fraudulent tech support call center in Costa Rica is…

10 Min Read

Financial Fraud:Walter Konigseder Arrested On Investment Fraud Charges

Former Informix Executive Hauled Into Court On 19-Year-Old Indictment Regarding Alleged Investment Fraud Scheme Walter Konigseder arrested on investment fraud charges SAN FRANCISCO – This morning, former Informix executive Walter…

5 Min Read

Financial Fraud: Hardev Panesar Sentenced For His Leadership Role In An Immigration Fraud Scheme

San Diego Man Who Posed as a Federal Agent to Defraud Immigrants out of $2.5 Million Sentenced to 91 Months Assistant U.S. Attorney Andrew Young (619) 546-7981 and Assistant U.S.…

6 Min Read

Cyber Crime: Elvin Lewis Convicted Of Conspiracy To Commit Money Laundering And Money Laundering Charges

Man Convicted by South Florida Jury of Laundering More than $3 Million in Proceeds from International Cyber Scams FORT LAUDERDALE - Elvin I. Lewis, Jr., of Hollywood, Florida, was convicted…

5 Min Read

Tax Fraud: Cubby Wayne Williams Was Found Guilty Of 22 Counts Of Assisting In The Preparation Of False Tax Returns

Inglewood-based Tax Preparer Convicted in Scheme that Sought More than $5 Million in Fraudulent Refunds LOS ANGELES – A tax preparer and ex-California Franchise Tax Board employee was found guilty…

3 Min Read

Financial Fraud: Dwane Nevins Plead Guilty To An Indictment Charging Him With Corruption Related Crimes

Veterans Affairs Official Pleads Guilty to Six Corruption-Related Counts Arising from Scheme to Take Bribes To Rig Federal Contracts Business Associates, Charged with Offering and Arranging for the Payments, Have…

6 Min Read

Financial Fraud: Dana Q. Roush Guilty Of a Conspiracy To Commit Mail Fraud And Equity Skimming

Greenville Business Owner Convicted in Federal Court of Conspiracy to Defraud Greenville, South Carolina ---- United States Attorney Sherri A. Lydon announced today that Dana Q. Roush, age 38, of…

6 Min Read

Financial Fraud: Compounding Pharmacy Have Agreed To Resolve a Lawsuit Alleging That They Violated The False Claims Act

Compounding Pharmacy, Two of Its Executives, and Private Equity Firm Agree to Pay $21.36 Million to Resolve False Claims Act Allegations The Department of Justice announced today that compounding pharmacy…

6 Min Read

Financial Fraud: Group Of 25 Individuals Charges In Healthcare Fraud Schemes

25 Southern California Defendants Face Federal Charges Alleging Fraud Schemes that Cost Health Care Programs Millions of Dollars LOS ANGELES – A local health care fraud enforcement action has resulted…

16 Min Read

Financial Fraud: 29 Individuals Indicted For Drug Conspiracy And Money Laundering

29 Defendants Indicted For Drug Conspiracy, International Money Laundering, Money Laundering Conspiracy, And/Or Related Charges MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced…

11 Min Read

Financial Fraud: Edvin Ovasapyan, Hakob Kojoyan, Lorik Papyan, and Stephen Silverman Indected For their Roles In An Alleged Scheme To Defraud Purchasers Of Prescription Drugs

Four Defendants Charged In $70 Million Wire Fraud Conspiracy Involving Black Market HIV Medications SAN FRANCISCO - A federal grand jury returned a superseding indictment charging Edvin Ovasapyan, Hakob Kojoyan,…

4 Min Read

Tax Fraud: Joseph Kenny Batts Convicted On Charges Of Conspiracy To Defraud The IRS

Tax Preparer Convicted of Conspiracy to Defraud IRS and Preparing False Tax Returns TRENTON, N.J. – A Maryland man working as a tax preparer in New Jersey was convicted today…

4 Min Read

Ta Fraud: Joseph Kenny Batts Convicted On Charges Of Conspiracy To Defraud The IRS

Tax Preparer Convicted of Conspiracy to Defraud IRS and Preparing False Tax Returns TRENTON, N.J. – A Maryland man working as a tax preparer in New Jersey was convicted today…

4 Min Read

Financial Fraud: IAV GmbH (IAV) Plead Guilty To One Criminal Felony Count And His Role In a Long-Running Scheme For Volkswagen AG (VW)

IAV GmbH to Pay $35 Million Criminal Fine in Guilty Plea for Its Role in Volkswagen AG Emissions Fraud IAV GmbH (IAV), a German company that engineers and designs automotive…

9 Min Read
Investment Fraud: DAVID BLAINE WELLIVER Sentenced For Defrauding Investors in The Dblaine Fund

Investment Advisor Sentenced to Five Years for Defrauding Investors of $1.725 Million…

3 Min Read
Tax Fraud: Seven Individuals Convicted of Tax Fraud

HOUSTON With the deadline for filing income tax returns rapidly approaching, Acting…

9 Min Read
Federal Law Enforcement in Chicago Seizes $214 Million in Alleged “Pump and Dump” Investment Fraud

Federal Law Enforcement Cracks Down on $214 Million "Pump and Dump" Scheme…

13 Min Read
Identity Theft: Scott J. Wolas Accused of a Fraudulent Real Estate Investment Scheme

Fugitive Sought in $1.5 Million Quincy Real Estate Scheme Arrested in Florida…

4 Min Read

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Health and Wellness Scams: Emerging Trends in 2024

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Medical Identity Theft: What We Need To Know in 2023 To Prevent

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Cedric Wormely Indicted on Ten Counts of Wire Fraud in Vermont Romance Scam

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The Latest

Financial Fraud: Jonathan Chang Convicted Of Four Counts Of Wire Fraud And Three Counts Of Money Laundering

Cupertino Man Convicted Of Embezzling More Than $7.5 Million In Donated Funds Jonathan Chang misappropriated religious donations and church funds…

5 Min Read

Financial Fraud: WILLIAM B. HUNGERFORD And TIMOTHY O. MILBRATH Found Guilty Of Conspiracy To Commit Money Laundering, And Six Counts Of Wire Fraud

Ex-White House Military Aide and Maryland Businessman Found Guilty For Operating Fraudulent EB-5 Visa Scheme NEW ORLEANS – U.S. Attorney…

6 Min Read

Financial Fraud: Group Of Five Individuals Stole from Mostly Elderly and Disabled Veterans

Five Fraudsters Indicted for Million Dollar Scheme Targeting Thousands of U.S. Servicemembers and Veterans Foreign-Based Fraudsters Stole Millions of Dollars…

9 Min Read

Financial Fraud: Mark Gregory Jackson Sentenced For Conspiring To Commit Wire Fraud

Little Rock Man Sentenced to Five Years in Prison for Million-Dollar Equipment Flipping Scheme LITTLE ROCK—A Little Rock man was…

4 Min Read

Financial Fraud: Three Men Arrested In Connection With A Scheme In Which They Allegedly Stole Money

Three Men Arrested in SNAP Food Stamp Benefits Theft Scheme Conducted Hundreds of Fraudulent Transactions at National Superstores; Defendants also…

6 Min Read

Health Care Fraud: Seven Defendants Convicted For They Role In Yhe $200 Million Kickback Scheme

USAO Seeking $17M in Money Judgments Against Defendants Convicted in Forest Park Trial The U.S. Attorney's Office is seeking more…

6 Min Read

Financial Fraud: RICHARD JOSEPHBERG Sentenced For Evading Hundreds Of Thousands Of Dollars In Taxes

Financial Broker Sentenced To 42 Months In Prison For Tax Evasion And Failure To File Tax Returns Geoffrey S. Berman,…

6 Min Read

Financial Fraud: Brandon Sazue Indicted For Embezzlement And Theft From An Indian Tribal Organization

Former Tribal Chair Indicted for Embezzlement & Theft from an Indian Tribal Organization and Aiding and Abetting Defendants Prosecuted as…

4 Min Read

Financial Fraud: Jeffrey Morrow And Richard M. Owen Pleaded Guilty To Multiple Financial Crimes

Managers of Local Gold Dealer Plead Guilty to Money Laundering SAN DIEGO ­­– Global Gold Exchange, LLC and its managers,…

6 Min Read

Financial Fraud: Scott Roix And His Companies Agree To Pay To Resolve Allegations That Violated The False Claims Act

Telemarketer And His Companies Agree To Pay $2.5 Million To Settle Allegations That They Operated Telemedicine Schemes Involving Illegal Kickbacks…

7 Min Read

Financial Fraud: China Zhongwang Holdings Limited Indicted For A Complex Financial Fraud Scheme

Federal Indictment Alleges Scheme to Avoid Payment of $1.8 Billion in Anti-Dumping Duties on Chinese Aluminum Imported as ‘Pallets’ Chinese…

10 Min Read

Environment: Thomas S. Fritzel Found Guilty On Charges Of Disposing Of Asbestos In Violation Of The Clean Air Act

Jury Verdict: Lawrence Developer Violated Asbestos Disposal Laws TOPEKA, KAN. – A jury today found a Lawrence developer guilty on…

2 Min Read

Financial Fraud: KENNETH CHARITY Pleaded Guilty To Conspiring To Defraud First NBC Bank

New Orleans Business Owner Pleads Guilty to Conspiracy to Defraud First NBC Bank NEW ORLEANS – The United States Attorney’s…

5 Min Read

Cyber Crime: Shan Shi Was Convicted Of One Count Of Conspiracy To Commit Theft Of Trade Secrets

Texas Man Convicted of Conspiracy to Commit Theft of Trade Secrets A Texas man was convicted today by a federal…

5 Min Read

Financial Fraud: JASON And YALE SCHIFF Is Charged With Multiple Counts Of Bank Fraud

Federal Probe into Bank Fraud in North Suburbs Adds Two New Defendants CHICAGO — A federal investigation that previously led…

5 Min Read

Financial Fraud: Complaint Against Digital Currency Exchange BTC-e And Alexander Vinnik

United States Files $100 Million Civil Complaint Against Digital Currency Exchange BTC-e And Chief Owner-Operator Alexander Vinnik Complaint seeks to…

4 Min Read

Visa Fraud: WEIYUN HUANG Charged With One Count Of Conspiracy To Commit Visa Fraud

Federal Grand Jury in Chicago Indicts Chinese Businesswoman on Charges of Visa Fraud CHICAGO — A Chinese businesswoman has been…

5 Min Read

Health Care Fraud: Dinesh Goyal Pleaded Guilty To One Count Of Conspiracy To Commit An Offense Against The United States

Owensboro Man Pleads Guilty to Health Care Fraud Conspiracy LEXINGTON, Ky. – Today, an Owensboro man admitted in federal court…

4 Min Read

Financial Fraud: James A. Young Charging With Two Counts Of Wire Fraud And Three Counts Of Failure To File Tax Returns

Former Financial Planner Indicted For Investment Fraud Scheme And Failure To File Tax Returns PENSACOLA, FLORIDA – Former financial planner…

3 Min Read

Financial Fraud: Todd Ficeto Found Guilty Of One Count Of Conspiracy To Commit Securities Fraud And Wire Fraud

Ex-Beverly Hills Stockbroker Convicted of Securities Fraud in $200 Million Portfolio-Pumping Stock Manipulation Scheme LOS ANGELES – A former Beverly…

6 Min Read
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