Fraud News From World

Financial Fraud: James E. Levin and Jacklyn M. Sutcivni Were Indicted for Conspiracy to Commit Wire Fraud

Natick Attorney and Former City of Worcester Housing Official Indicted on Fraud Charges BOSTON – A real estate developer and a former City of Worcester housing official were charged in…

4 Min Read

Jae Ho Chung Sentenced For Multi-Million Dollar Bank ‘Bustout’ Scheme that used Counterfeit Checks

Leader of Multi-Million Dollar Bank ‘Bustout’ Scheme that used Counterfeit Checks Sentenced to over 5 Years in Federal Prison LOS ANGELES – A West Los Angeles man who masterminded a…

5 Min Read
Financial Fraud: James E. Levin and Jacklyn M. Sutcivni Were Indicted for Conspiracy to Commit Wire Fraud

Natick Attorney and Former City of Worcester Housing Official Indicted on Fraud…

4 Min Read
Jae Ho Chung Sentenced For Multi-Million Dollar Bank ‘Bustout’ Scheme that used Counterfeit Checks

Leader of Multi-Million Dollar Bank ‘Bustout’ Scheme that used Counterfeit Checks Sentenced…

5 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
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
Tax Fraud: Seven Individuals Convicted of Tax Fraud

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

9 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
FBI Announcement: Preliminary 2015 Crime Stats

Preliminary 2015 Crime Stats Released The FBI’s latest Preliminary Semiannual Uniform Crime…

8 Min Read

Top Writers

Health and Wellness Scams: Emerging Trends in 2024

In today's fast-paced world, where people are constantly seeking ways…

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

Medical identity theft is the unauthorized use of an individual's…

The Latest

Mortgage Fraud: Société Générale, S.A. Will Pay Civil Penalty to Resolve Claims Related to Its Activities

Société Générale Agrees To Pay $50 Million Penalty To Settle RMBS Fraud Claims United States Attorney Robert L. Capers announced…

4 Min Read

Financial Fraud: ENRICO RUBANO And SHIVANAND MAHARAJ Charged to Commit Wire Fraud in Connection With a False Invoicing Scheme

Information Technology Chief And Consultant Charged With Multimillion-Dollar False Invoicing Scheme Preet Bharara, the United States Attorney for the Southern…

5 Min Read

Financial Fraud: Western Union Admits to Criminal Violations Including Willfully Failing to Maintain an Effective Anti-Money Laundering

Western Union Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586 Million in Settlement with Justice Department and Federal Trade…

20 Min Read

Financial Fraud: Credit Suisse Made False and Irresponsible Representations About Residential Mortgage-Backed Securities

Credit Suisse Agrees to Pay $5.28 Billion in Connection with its Sale of Residential Mortgage-Backed Securities The Justice Department announced…

20 Min Read

Healthcare Fraud: Nicholas and Gregory Melehov Have Agreed To Pay to Resolve Allegations Concerning Inflated Medicare Claims for Ambulance Transports

Family-Owned Ambulance Company to Pay $12.7 Million to Resolve False Claims Allegations BOSTON – The U.S. Attorney’s Office announced that…

5 Min Read

Healthcare Fraud: Baxter Healthcare Corporation (Baxter) Pay For Resolve Its Criminal And Civil Liability Arising

Baxter Healthcare Corporation To Pay More Than $18 Million To Resolve Criminal And Civil Liability Relating To Sterile Products Company…

7 Min Read

Investment Fraud: HAENA PARK Pled Guilty To Commodities Fraud In Connection With Scheme To Defraud Investors

Manhattan Woman Pleads Guilty In Manhattan Federal Court To Commodities Fraud In Connection With Scheme To Defraud Investors Of More…

5 Min Read

Investment Fraud: Moody’s Investors Service Inc., Moody’s Analytics Inc. And Their Parent Agree To Pay For Worst Financial Crisis Since the Great Depression

Justice Department and State Partners Secure $864 Million Settlement With Moody’s Arising From Conduct In The Lead Up To The…

10 Min Read

Healthcare Fraud: Family Care Visiting Nurse and Home Care Agency, LLC Charged and Pay $5.25 Million For Submit Fraudulent Claims

Connecticut Home Health Agency and its Owners Pay $5.25 Million to Settle False Claims Act Violations United States Attorney Deirdre…

5 Min Read

Healthcare Fraud: Aria O. Sabit Pleaded Guilty to Four Counts of Health Care Fraud

Detroit-Area Neurosurgeon Sentenced to 235 Months in Prison for Role in $2.8 Million Health Care Fraud Scheme A Detroit-area neurosurgeon…

6 Min Read

Identity Theft: Martin Aleksandrov Enev Sentenced For Possession Equipment With the Intent to Defraud, and Identity Theft

Bulgarian National Sentenced to Federal Prison for Possession of a Device to Make Fraudulent Credit and Debit Cards Defendant Believed…

5 Min Read

Financial Fraud: John Edward Taylor Charged With One Count of Wire Fraud, Bank Fraud and Aggravated Identity Theft

Alleged Confidence Man Charged With Luring Victims Through Matchmaking And Networking Sites To Commit Fraud And Identity Theft John Edward…

6 Min Read

Financial Fraud: George N. Krinos Charged In a Two-Count Criminal Information With Engaging in a Securities Fraud Scheme

Boardman man charged with defrauding investors out of $1.2 million A Boardman man was charged in federal court with defrauding…

6 Min Read

Financial Fraud: Sergey Kapustin Charged With One Count of Wire Fraud and Conspiring to Commit Wire Fraud

Auto Dealer Arrested In $2 Million Fraud On Russian Citizens NEWARK, N.J. – A New Jersey auto dealer was charged…

4 Min Read

Swiss Bank Tax: Final Resolutions Of Department of Justice And Swiss Bank Program

Justice Department Reaches Final Resolutions Under Swiss Bank Program Information Received Continues to Drive Civil and Criminal Enforcement Efforts The…

8 Min Read

Financial And Tax Fraud: CHRISTOPHER A. JANSEN – President of Baytree Investors Inc. – Charges of Wire Fraud And Evading Income Taxes

Former President of St. Charles Company Sentenced to 70 Months in Federal Prison for Wire Fraud and Income Tax Evasion…

4 Min Read

Financial Fraud: United Shore Financial Services LLC (USFS) Pay For Alleged False Claims Act Liability Arising From Fha-Insured Mortgage Lending

United Shore Financial Services LLC Agrees To Pay $48 Million To Resolve Alleged False Claims Act Liability Arising From Fha-Insured…

7 Min Read

Cyber Crime: IAT HONG, BO ZHENG, and CHIN HUNG Charged With Devising and Carrying Out a Scheme to Enrich Themselves by Obtaining And Trading on Material, Nonpublic Information

Manhattan U.S. Attorney Announces Arrest of Macau Resident and Unsealing of Charges Against Three Individuals for Insider Trading Based On…

22 Min Read

Financial Fraud: Richard Shusterman Sentenced For Co-Conspirators Perpetrated a Brazen And Complex Ponzi Scheme That Defrauded Investors

Leader of $242 Million Investment Fraud Scheme Sentenced to 18 Years in Federal Prison Ponzi Scheme Involved Sale of Medical…

10 Min Read

Tax Fraud: Anthony Cosica Sentenced For Multimillion-Dollar Cigarette Tax Fraud Scheme

Last Defendant in $48 Million Dollar Cigarette Tax Fraud Scheme Sentenced The case involved untaxed cigarettes sold in all 50…

5 Min Read