Page 55 – FraudsWatch

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

December 20, 2016 FraudsWatch 0

Oilpro.Com Founder Pleads Guilty In Manhattan Federal Court To Hacking Into Competitor’s Computer System Defendant Stole Information From Over 700,000 Customer Accounts Stored on a Competitor’s Database and Then Sought to Sell Oilpro.com to the […] Read More

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

December 20, 2016 FraudsWatch 0

Small Business Owner Sentenced to Prison for Bankruptcy Fraud Assistant U.S. Attorneys Joseph J.M. Orabona (619)546-7951 or Michael Heyman (619) 546-9615NEWS RELEASE SUMMARY – December 19, 2016 SAN DIEGO – Phillip E. Southwood, Jr., a […] Read More

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

December 19, 2016 FraudsWatch 0

Platinum Partners’ Founder And Chief Investment Officer Among Five Indicted In A $1 Billion Investment Fraud Two Additional Individuals Indicted In A $50 Million Bond Fraud Involving Black Elk Energy, One Of Platinum’s Largest Portfolio […] Read More

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

December 17, 2016 FraudsWatch 0

U.S. Attorney’s Office made a report on what they collected in 2016 following offenses and civil actions in Fiscal for U.S. Taxpayers with a more than a $15.3 billion. Justice Department Collects More Than $15.3 […] Read More

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

December 16, 2016 FraudsWatch 0

Three Romanian nationals indicted in cyber fraud case in which they infected 60,000 computers, sent out 11 million malicious emails and stole at least $4 million A 21-count indictment was unsealed in which three Romanian […] Read More

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

December 16, 2016 FraudsWatch 0

Mecklenburg Co. Man Facing Federal Charges In Connection With $19 Million Investment Fraud Scheme Defendant Misused Victim-Investors’ Funds to Pay for Vacation Homes, Vehicles, a Chef and Other Personal Expenses CHARLOTTE, N.C. – A Mecklenburg […] Read More

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

December 15, 2016 FraudsWatch 0

Real Estate Brokers And Client Charged With Defrauding Banks In ‘Shotgun’ Loan Scheme NEWARK, N.J. – Two real estate brokers and a client were arrested today and charged in connection with a scheme to use […] Read More

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

December 15, 2016 FraudsWatch 0

Forest Laboratories and Forest Pharmaceuticals to Pay $38 million to Resolve Kickback Allegations Under the False Claims Act Forest Laboratories LLC, located in New York, New York, and its subsidiary, Forest Pharmaceuticals Inc., have agreed […] Read More

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

December 15, 2016 FraudsWatch 0

Federal Grand Jury Indicts Colleyville Businessman on Mail Fraud Stemming from Ponzi Oil and Gas Fraud Scheme Defendant Operated Signal Oil and Gas Company FORT WORTH, Texas — A Colleyville, Texas, businessman, James VanBlaricum, who […] Read More

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

December 14, 2016 FraudsWatch 0

Former Bank President Indicted in Connection with $100,000,000 Bank Failure Oklahoma City, Oklahoma – Yesterday, a federal grand jury returned a 23-count indictment against JOHN ARNOLD SHELLEY, 66, of Oklahoma City, Oklahoma, in connection with the […] Read More

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

December 14, 2016 FraudsWatch 0

Manhattan U.S. Attorney Announces Charges Against Six Individuals In International High-Yield Investment Fraud Scheme Scheme Participants Impersonated Federal Reserve Officials to Swindle Over $50 Million from Investors in the United States and Foreign Countries Preet […] Read More

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

December 14, 2016 FraudsWatch 0

Owner of Boston Cab Sentenced for Tax and Fraud Offenses BOSTON – Edward J. Tutunjian, who has owned and operated Boston Cab through his company, EJT Management, Inc., for more than four decades, was sentenced […] Read More

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

December 13, 2016 FraudsWatch 0

Managing Partner of Bulk Mail Firm Admits Defrauding U.S. Postal Service of Nearly $750K Deirdre M. Daly, United States Attorney for the District of Connecticut, and Shelly Binkowski, Inspector in Charge for the Boston Division […] Read More

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

December 13, 2016 FraudsWatch 0

Argentine Sports Marketing Company Admits To Role In International Soccer Bribery Conspiracy And Agrees To $112 Million In Forfeiture And Criminal Penalties Torneos y Competencias S.A. Enters Into Four-Year Deferred Prosecution Agreement; Agrees to Enhanced […] Read More

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

December 13, 2016 FraudsWatch 0

California Man Pleads Guilty to Perpetrating Trademark Scam and Money Laundering Associate Pleads Guilty to Helping Launder Proceeds of Scam LOS ANGELES – A Southern California man who masterminded a $1.66 million mass-mailing scam targeting […] Read More

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

December 13, 2016 FraudsWatch 0

Stratos Sentenced to over 21 Years in Prison He Defrauded Victims of Over $30M Through Multiple Schemes and Obstructed Justice SACRAMENTO, Calif. — Troy David Stratos, 50, formerly of Los Angeles, was sentenced today by […] Read More

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

December 12, 2016 FraudsWatch 0

Two Securities Traders Charged In Scheme That Netted $26 Million In Illicit Profits Manipulated $10 Billion Worth of Securities in Tens of Thousands of Transactions NEWARK, N.J. – Two New Jersey-based securities traders were arrested […] Read More

Bank Teller Fraud: List Of Convicted for Mail Fraud, Money Laundering, and Tax Fraud

December 12, 2016 FraudsWatch 0

Former Bank Teller Sentenced for $83,000 Embezzlement WICHITA, KAN. – A former Labette County bank clerk was sentenced Wednesday to three years on probation, including eight months home confinement, and ordered to pay full restitution […] Read More

Financial Fraud: Samuel Mebiame Pleaded Guilty to Conspiring to Make Corrupt Payments to Government Officials in Africa

December 9, 2016 FraudsWatch 0

Gabonese National Pleads Guilty To Foreign Bribery Scheme The Son of a Former Prime Minister of Gabon Bribed High-Ranking Government Officials in Multiple African Countries to Obtain Uranium Concessions and Other Mining Rights Samuel Mebiame, […] Read More

Financial Fraud: Seven Individuals Charged With Fraud Against The Social Security Administration (SSA)

December 8, 2016 FraudsWatch 0

Arrest And Indictment Of Seven Individuals For Social Security Fraud SAN JUAN, P.R. – On December 6, 2016, a Federal Grand Jury in the District of Puerto Rico returned five separate Indictments charging seven individuals […] Read More