Browsing tag

Financial Fraud

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

<h2 class&equals;”wp-block-heading”>Donnie Marks Sentenced for Role in Fortune Telling Scheme<&sol;h2>&NewLine;<p><strong>Donnie and Sandra Marks Ran &OpenCurlyQuote;Readings By Catherine’ in Charlottesville<&sol;strong><&sol;p>&NewLine;<p>Charlottesville&comma; VIRGINIA – The former business manager of a fortune-teller business located on Seminole Trail in Charlottesville […] Read More
FraudsWatch 0

Financial Fraud: Mark J. Schultz Pleaded Guilty For Wire Fraud and Mail Fraud Conspiracy

<h2 class&equals;”wp-block-heading”>Leawood Attorney Pleads Guilty to Fraud Conspiracy<&sol;h2>&NewLine;<p><strong>Law Partner Sentenced for &dollar;1&period;2 Million Fraud Scheme<&sol;strong><&sol;p>&NewLine;<p>KANSAS CITY&comma; Mo&period; – Tammy Dickinson&comma; United States Attorney for the Western District of Missouri&comma; announced that a Leawood&comma; Kan&period;&comma; attorney […] Read More
FraudsWatch 0

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

<h2 class&equals;”wp-block-heading”>Two Individuals Arrested And Charged In Manhattan Federal Court With Securities And Wire Fraud For Participating In A Multimillion-Dollar Ponzi Scheme<&sol;h2>&NewLine;<p><strong>Steven Simmons and Joseph Meli Charged with Defrauding Investors and Diverting Fraudulent Proceeds For […] Read More
FraudsWatch 0

Financial Fraud: Hasan Hussain and Ricardo Abreu Charged in a Conspiracy to Defraud Financial Institutions & Mortgage Fraud

<h2>Two Indicted in Sweeping Mortgage Fraud Investigations<&sol;h2>&NewLine;<p>PROVIDENCE&comma; R&period;I&period; – A 14-count federal indictment filed in U&period;S&period; District Court in Providence charges two individuals&comma; Hasan Hussain&comma; 55&comma; of Princeton&comma; N&period;J&period;&comma; and Ricardo Abreu&comma; 50&comma; of Cranston&comma; […] Read More
FraudsWatch 0

Financial Fraud: Raymond E. Gallison, Jr Plead Guilty to Federal Mail Fraud, Wire Fraud, Aggravated Identity Theft and Tax Charges

<h2>Fmr&period; RI House Finance Chairman to Plead Guilty to Fraud&comma; Aggravated Identity Theft&comma; Tax Charges<&sol;h2>&NewLine;<p>PROVIDENCE – According to signed documents filed in U&period;S&period; District Court in Providence today&comma; Raymond E&period; Gallison&comma; Jr&period;&comma; 64&comma; of Bristol&comma; […] Read More
FraudsWatch 0

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

<h2>Western Union Admits Anti-Money Laundering and Consumer Fraud Violations&comma; Forfeits &dollar;586 Million in Settlement with Justice Department and Federal Trade Commission<&sol;h2>&NewLine;<p><strong>Company also Agrees to Implement Anti-Fraud Program and Enhanced Compliance Obligations in Agreements with Federal […] Read More
FraudsWatch 0

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

<h2>Credit Suisse Agrees to Pay &dollar;5&period;28 Billion in Connection with its Sale of Residential Mortgage-Backed Securities<&sol;h2>&NewLine;<p>The Justice Department announced today a &dollar;5&period;28 billion settlement with Credit Suisse related to Credit Suisse’s conduct in the packaging&comma; […] Read More
FraudsWatch 0

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

<h2>Boardman man charged with defrauding investors out of &dollar;1&period;2 million<&sol;h2>&NewLine;<p>A Boardman man was charged in federal court with defrauding investors out of nearly &dollar;1&period;2 million and related tax violations&comma; said Carole S&period; Rendon&comma; U&period;S&period; Attorney […] Read More
FraudsWatch 0

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

<h2 class&equals;”node-title”>United Shore Financial Services LLC Agrees To Pay &dollar;48 Million To Resolve Alleged False Claims Act Liability Arising From Fha-Insured Mortgage Lending<&sol;h2>&NewLine;<div class&equals;”field field–name-field-pr-body field–type-text-long field–label-hidden”>&NewLine;<div class&equals;”field&lowbar;&lowbar;items”>&NewLine;<div class&equals;”field&lowbar;&lowbar;item even”>&NewLine;<p>WASHINGTON &&num;8211&semi; United Shore Financial Services […] Read More
FraudsWatch 0

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

<h2>Leader of &dollar;242 Million Investment Fraud Scheme Sentenced to 18 Years in Federal Prison<&sol;h2>&NewLine;<p><strong>Ponzi Scheme Involved Sale of Medical Debts<&sol;strong><&sol;p>&NewLine;<p><strong><em>Baltimore&comma;<&sol;em><&sol;strong> Maryland – U&period;S&period; District Judge James K&period; Bredar sentenced Richard Shusterman&comma; age 53&comma; of Highland […] Read More
FraudsWatch 0