Financial Fraud
Fraud News From World

Financial Fraud: Alex Mgbolu Sentenced To Defraud in an International Mass Marketing Consumer Fraud Scheme

February 25, 2017 FraudsWatch 0

Former Canadian MoneyGram And Western Union Agent Sentenced To 6o Months’ Imprisonment On Fraud And Money Laundering Conspiracy Charges HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Alex Mgbolu, age 45, of Toronto, Canada, was sentenced February 23, 2017 to 60 [Read More…]

Financial Fraud
Fraud News From World

Financial Fraud: BRADFORD BARNEYS Pleaded Guilty For a Scheme To Defraud Individuals, Mortgage Lenders And The U.S. Department of Housing and Urban Development (HUD)

February 22, 2017 FraudsWatch 0

Attorney Pleads Guilty to Role in Scheme That Targeted Distressed Homeowners Deirdre M. Daly, United States Attorney for the District of Connecticut, announced that BRADFORD BARNEYS, 51, of Odenton, Maryland, pleaded guilty today before U.S. District Judge Michael P. Shea in Hartford to conspiring with Timothy W. Burke [Read More…]

Financial Fraud
Fraud News From World

Financial Fraud: SEAN STEWART Sentenced For Insider Trading

February 19, 2017 FraudsWatch 0

Managing Director Of Investment Bank Sentenced To 3 Years In Prison For Insider Trading Preet Bharara, the United States Attorney for the Southern District of New York, announced that SEAN STEWART, a former managing director at an investment advisory firm headquartered in Manhattan, was sentenced today to 36 [Read More…]

Financial Fraud
Fraud News From World

Financial Fraud: Donny Stephen Marks Pled Guilty to One Count of Mail Fraud And Money Laundering

February 11, 2017 FraudsWatch 0

Donnie Marks Sentenced for Role in Fortune Telling Scheme Donnie and Sandra Marks Ran ‘Readings By Catherine’ in Charlottesville Charlottesville, VIRGINIA – The former business manager of a fortune-teller business located on Seminole Trail in Charlottesville was sentenced today in Federal court on charges that he committed mail [Read More…]

Fraud

Financial Fraud: STEVEN SIMMONS and JOSEPH MELI Charged on Conspiracy, Securities Fraud, Wire Fraud, And Scheme to Defraud Investors

January 28, 2017 FraudsWatch 0

Two Individuals Arrested And Charged In Manhattan Federal Court With Securities And Wire Fraud For Participating In A Multimillion-Dollar Ponzi Scheme Steven Simmons and Joseph Meli Charged with Defrauding Investors and Diverting Fraudulent Proceeds For Their Own Use and to Further the Ponzi-Like Operation of a Hedge Fund [Read More…]