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

Financial Fraud: Umair Hamid Charged with Wire Fraud, Aggravated Identity Theft, and Worldwide “Diploma Mill” Scheme

Manhattan U.S. Attorney Charges Executive Of Axact In $140 Million Diploma Mill Scam Preet Bharara, the United States Attorney for…

9 Min Read

Investment Fraud: Naris Chamroonrat Charged Of Conspiracy to Commit Securities Fraud And One Count of Wire Fraud

Owner Of Day Trading Firm Charged In Worldwide Simulator Trading Account Scheme Scheme Targeted Hundreds of Investors in Over 30…

5 Min Read

Tax Fraud: Kevin Brown, Formerly of Capitol Heights, Sentenced For Identity Theft and Tax Fraud Scheme

 Maryland Man Sentenced to 135 Months in Prison For Scheme That Used Stolen Identifying Information To Fraudulently Seek More Than…

8 Min Read

Cyber Crime: DAVID W. KENT, Owner Of Oilpro.com, Guilty In Hacking Into a Competitor’s Network and Stealing Client Data

Oilpro.Com Founder Pleads Guilty In Manhattan Federal Court To Hacking Into Competitor’s Computer System Defendant Stole Information From Over 700,000…

6 Min Read

Financial Fraud: Phillip E. Southwood former owner of Southwood Industries, Inc., Sentenced for Multiple Bankruptcy-Related Crimes

Small Business Owner Sentenced to Prison for Bankruptcy Fraud Assistant U.S. Attorneys Joseph J.M. Orabona (619)546-7951 or Michael Heyman (619)…

5 Min Read

Investment Fraud: Seven Individuals Charged With Securities Fraud, Investment Adviser Fraud And Securities Fraud Conspiracy

Platinum Partners’ Founder And Chief Investment Officer Among Five Indicted In A $1 Billion Investment Fraud Two Additional Individuals Indicted…

22 Min Read

List Of U.S. Attorney’s Office Collects in Civil and Criminal Actions for U.S. Taxpayers in Fiscal year 2016

U.S. Attorney's Office made a report on what they collected in 2016 following offenses and civil actions in Fiscal for…

14 Min Read

Financial Fraud: Bogdan Nicolescu, Tiberiu Danet And Radu Miclaus Indicted in Cyber Fraud, Identity Theft And Wire Fraud

Three Romanian nationals indicted in cyber fraud case in which they infected 60,000 computers, sent out 11 million malicious emails…

8 Min Read

Investment Fraud: Richard Wyatt Davis Charged With One Count of Wire Fraud and Three Counts of Tax Evasion

Mecklenburg Co. Man Facing Federal Charges In Connection With $19 Million Investment Fraud Scheme Defendant Misused Victim-Investors’ Funds to Pay…

7 Min Read

Financial Fraud: Two Brokers Charged For Scheme to Use Simultaneous Loan Applications to Fraudulently Obtain Home Equity Lines of Credit

Real Estate Brokers And Client Charged With Defrauding Banks In ‘Shotgun’ Loan Scheme NEWARK, N.J. – Two real estate brokers…

4 Min Read

Healthcare Fraud: Forest Laboratories LLC And Forest Pharmaceuticals Inc. Agreed to Pay For Violated the False Claims Act by Paying Kickbacks

Forest Laboratories and Forest Pharmaceuticals to Pay $38 million to Resolve Kickback Allegations Under the False Claims Act Forest Laboratories…

5 Min Read

Financial Fraud: James VanBlaricum Indicted For Ponzi Oil and Gas Fraud Scheme

Federal Grand Jury Indicts Colleyville Businessman on Mail Fraud Stemming from Ponzi Oil and Gas Fraud Scheme Defendant Operated Signal…

8 Min Read

Financial Fraud: JOHN ARNOLD SHELLEY Indicted For Conspiracy and Commit Bank Fraud at The Bank of Union (BOU)

Former Bank President Indicted in Connection with $100,000,000 Bank Failure Oklahoma City, Oklahoma – Yesterday, a federal grand jury returned a…

8 Min Read

Investment Fraud: Six Individuals Charged With Fraudulent High-Yield Investment Program – Cities Upliftment Program (CUP)

Manhattan U.S. Attorney Announces Charges Against Six Individuals In International High-Yield Investment Fraud Scheme Scheme Participants Impersonated Federal Reserve Officials…

10 Min Read

Tax Fraud: Edward J. Tutunjian Sentenced For Payroll Tax Evasion And Employing Illegal Aliens

Owner of Boston Cab Sentenced for Tax and Fraud Offenses BOSTON – Edward J. Tutunjian, who has owned and operated…

7 Min Read

Financial Fraud: ROBERT KUSS Indicted In One Count of Mail Fraud Stemming From His Role in a Scheme to Defraud the U.S. Postal Service

Managing Partner of Bulk Mail Firm Admits Defrauding U.S. Postal Service of Nearly $750K Deirdre M. Daly, United States Attorney…

5 Min Read

Financial Fraud: Torneos y Competencias S.A. (Torneos) Charged With Wire Fraud Conspiracy And Participation in a Scheme to Corrupt International Soccer

Argentine Sports Marketing Company Admits To Role In International Soccer Bribery Conspiracy And Agrees To $112 Million In Forfeiture And…

13 Min Read

Financial Fraud: Artashes Darbinyan Charges of Mail Fraud and Money Laundering

California Man Pleads Guilty to Perpetrating Trademark Scam and Money Laundering Associate Pleads Guilty to Helping Launder Proceeds of Scam…

7 Min Read

Financial Fraud: Troy Stratos Sentenced for Multiple Counts of Mail Fraud, Wire Fraud, And Money Laundering

Stratos Sentenced to over 21 Years in Prison He Defrauded Victims of Over $30M Through Multiple Schemes and Obstructed Justice…

7 Min Read

Investment Fraud: Joseph Taub and Elazar Shmalo Charged With Orchestrating a Massive, Long-Running Market Manipulation Scheme

Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits Manipulated $10 Billion Worth of Securities in…

8 Min Read