Introduction and Background This survey note provides a comprehensive analysis of the recent guilty plea by Murex Management, Inc. (MMI), a Plano, Texas-based company, on June 10, 2025, for aiding and abetting financial fraud. The case, detailed in a press
Survey Note: Detailed Analysis of Murex Management’s Financial Fraud Case Read More »
Federal Jury Finds Rahul Shah Guilty of Bank Fraud, Money Laundering, and Aggravated Identity Theft in Landmark Case Chicago, IL – July 2, 2025 – A federal jury has convicted Rahul Shah, a 56-year-old Evanston, Illinois, businessman, for orchestrating a multi-faceted
CHARLESTON, S.C. — — In a significant development in the sprawling financial saga connected to convicted murderer Alex Murdaugh, former Palmetto State Bank (PSB) Chief Executive Officer Russell Lucius Laffitte, 54, of Estill, South Carolina, pleaded guilty today in federal
The COVID-19 pandemic brought unprecedented economic challenges, prompting the US government to launch massive relief programs like the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program. These initiatives, designed to keep businesses afloat and protect jobs,
NEW YORK, NY – In a significant victory for law enforcement against complex international financial crimes, Erick Jason Victoria-Brito, a 30-year-old resident of Hollywood, Florida, has been extradited from the Dominican Republic to the United States to face charges related
Elder financial abuse is a devastating form of bank fraud targeting vulnerable seniors. Learn to recognize the signs, protect your loved ones, and fight back against this growing crime. The golden years should be a time of peace, relaxation, and
Elder Financial Abuse: A Growing Threat to Seniors’ Savings and Security Read More »
Counterfeit checks remain a persistent threat in the modern financial landscape. As technology advances, so do the methods employed by fraudsters to replicate legitimate checks with deceptive accuracy. In 2025, proactive measures are crucial to protect individuals and businesses from
Counterfeit Check Prevention in 2025: A Guide to Safeguarding Your Finances Read More »
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams and Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division announced that Barrie Osborne, 76, of Celebration, Florida, was charged by Indictment with with conspiracy to commit wire
Two New Jersey Men Found Guilty in Phony Debt Elimination Scheme NEWARK, N.J. – Two individuals were found guilty today for their respective roles in using phony monetary instruments to obtain luxury vehicles and other high value items; one of
Former State Senator, RI Businessman Pleads Guilty to Bank Fraud, Tax Crimes PROVIDENCE, RI – Former Rhode Island State Senator and businessman James E. Doyle, III, 46, of Pawtucket, today pleaded guilty in U.S. District Court in Providence to thirty-one
Financial Fraud: James E. Doyle Pleaded Guilty To Thirty-One Counts Of Bank Fraud Read More »
Defendant Indicted in Brooklyn Federal Court for Transnational Cyber Scam Defendant Stole More Than $800,000 through Email Compromise Scheme, and Wired Illicit Proceeds to Conspirators Overseas Earlier today, in federal court in Brooklyn, an indictment was unsealed charging Joshua Philips,
Former Bank President Indicted For Stealing From His Own Bank Baltimore, Maryland – On September 26, 2017, a federal grand jury indicted David Harris Lavine, age 58, of Rockville, Maryland, on charges of theft of bank funds by a bank
Osage Beach Woman Pleads Guilty to Stolen Mail, Bank Fraud Scheme JEFFERSON CITY, Mo. – Tom Larson, Acting United States Attorney for the Western District of Missouri, announced today that an Osage Beach, Mo., woman has pleaded guilty in federal
Federal Grand Jury Indicts McKinney Man Charged With Fraudulently Obtaining and Cashing $16 Million in U.S. Treasury Checks DALLAS – An indictment returned by a federal grand jury in Dallas last week, and unsealed today, charges Moiz Mumtaz Ali, 36,
KC Man Pleads Guilty to Bank Fraud Conspiracy KANSAS CITY, Mo. – Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that a Kansas City, Mo., man pleaded guilty in federal court today to his role in
Financial Fraud: Tyler Sutton Guilty In Bank Fraud Conspiracy And Stolen Identity Read More »
Baltimore Fraudster Sentenced To Five Years In Federal Prison For Bank Fraud And Aggravated Identity Theft Committed Multiple Fraud Schemes Over a Four-Year Period Baltimore, Maryland – Chief U.S. District Judge Catherine C. Blake sentenced Jose Miguel Tapia, age 30,
Three Georgia Real Estate Investors Plead Guilty to Bid Rigging and Bank Fraud at Public Home Foreclosure Auctions Three Georgia real estate investors pleaded guilty today for their roles in bid-rigging and fraud conspiracies committed at public real estate foreclosure
Springfield Area Business Owner, Son Plead Guilty to $5.5 Million Fraud Scheme SPRINGFIELD, MO—Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that the owner of several Springfield, Mo., area restaurants and his son pleaded guilty in
Bruce Swisshelm Pleaded Guilty to Bank Fraud and Money Laundering Read More »
Chaka Fattah, Jr., Sentenced To Five Years In Prison For Fraud And Tax Charges PHILADELPHIA – Chaka Fattah, Jr., 33, of Philadelphia, PA, was sentenced today to 60 months in prison for 22 counts that included fraud and tax charges.
Pennsylvania Man Sentenced for Fraud and Tax Charges Read More »
Allegheny County Businessman Sentenced to 16 Months in Prison for Fraud Scheme PITTSBURGH – An Allegheny County businessman was sentenced today in federal court to sixteen months imprisonment, followed by two years of supervised release, restitution of $1,872,935 and a
Joseph Nocito Sentenced For Commit Bank Fraud and Filing a False Tax Return Read More »
