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Financial Fraud

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

<h2>Manhattan U&period;S&period; Attorney Charges Executive Of Axact In &dollar;140 Million Diploma Mill Scam<&sol;h2>&NewLine;<p>Preet Bharara&comma; the United States Attorney for the Southern District of New York&comma; Philip R&period; Bartlett&comma; Inspector-in-Charge of the New York Office of […] Read More
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Financial Fraud: Phillip E. Southwood former owner of Southwood Industries, Inc., Sentenced for Multiple Bankruptcy-Related Crimes

<h2 class&equals;”wp-block-heading”>Small Business Owner Sentenced to Prison for Bankruptcy Fraud<&sol;h2>&NewLine;<p><strong>Assistant U&period;S&period; Attorneys Joseph J&period;M&period; Orabona &lpar;619&rpar;546-7951 or Michael Heyman &lpar;619&rpar; 546-9615<&sol;strong><br &sol;><strong><u>NEWS RELEASE SUMMARY<&sol;u> –<&sol;strong> December 19&comma; 2016<&sol;p>&NewLine;<p>SAN DIEGO – Phillip E&period; Southwood&comma; Jr&period;&comma; a […] Read More
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Investment Fraud: Seven Individuals Charged With Securities Fraud, Investment Adviser Fraud And Securities Fraud Conspiracy

<h2>Platinum Partners’ Founder And Chief Investment Officer Among Five Indicted In A &dollar;1 Billion Investment Fraud<&sol;h2>&NewLine;<p><strong>Two Additional Individuals Indicted In A &dollar;50 Million Bond Fraud Involving Black Elk Energy&comma; One Of Platinum’s Largest Portfolio Companies<&sol;strong><&sol;p>&NewLine;<p>BROOKLYN&comma; […] Read More
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List Of U.S. Attorney’s Office Collects in Civil and Criminal Actions for U.S. Taxpayers in Fiscal year 2016

<p><strong>U&period;S&period; Attorney&&num;8217&semi;s Office made a report on what they collected in 2016 following offenses and civil actions in Fiscal for U&period;S&period; Taxpayers with a more than a &dollar;15&period;3 billion&period;<&sol;strong><&sol;p>&NewLine;<h2 id&equals;”node-title” style&equals;”text-align&colon; center&semi;”><strong><a href&equals;”https&colon;&sol;&sol;www&period;justice&period;gov&sol;opa&sol;pr&sol;justice-department-collects-more-153-billion-civil-and-criminal-cases-fiscal-year-2016″>Justice Department Collects […] Read More
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Financial Fraud: JOHN ARNOLD SHELLEY Indicted For Conspiracy and Commit Bank Fraud at The Bank of Union (BOU)

<h2>Former Bank President Indicted in Connection with &dollar;100&comma;000&comma;000 Bank Failure<&sol;h2>&NewLine;<p><em>Oklahoma City&comma; Oklahoma<&sol;em> – Yesterday&comma; a federal grand jury returned a 23-count indictment against <strong>JOHN ARNOLD SHELLEY<&sol;strong>&comma; 66&comma; of Oklahoma City&comma; Oklahoma&comma; in connection with the failure […] Read More
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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

<h2>Managing Partner of Bulk Mail Firm Admits Defrauding U&period;S&period; Postal Service of Nearly &dollar;750K<&sol;h2>&NewLine;<p>Deirdre M&period; Daly&comma; United States Attorney for the District of Connecticut&comma; and Shelly Binkowski&comma; Inspector in Charge for the Boston Division of […] Read More
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Financial Fraud: Torneos y Competencias S.A. (Torneos) Charged With Wire Fraud Conspiracy And Participation in a Scheme to Corrupt International Soccer

<h2>Argentine Sports Marketing Company Admits To Role In International Soccer Bribery Conspiracy And Agrees To &dollar;112 Million In Forfeiture And Criminal Penalties<&sol;h2>&NewLine;<p><strong>Torneos y Competencias S&period;A&period; Enters Into Four-Year Deferred Prosecution Agreement&semi; Agrees to Enhanced Internal […] Read More
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Financial Fraud: Troy Stratos Sentenced for Multiple Counts of Mail Fraud, Wire Fraud, And Money Laundering

<h2>Stratos Sentenced to over 21 Years in Prison<&sol;h2>&NewLine;<p><strong>He Defrauded Victims of Over &dollar;30M Through Multiple Schemes and Obstructed Justice<&sol;strong><&sol;p>&NewLine;<p>SACRAMENTO&comma; Calif&period; — Troy David Stratos&comma; 50&comma; formerly of Los Angeles&comma; was sentenced today by United States […] Read More
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Financial Fraud: Samuel Mebiame Pleaded Guilty to Conspiring to Make Corrupt Payments to Government Officials in Africa

<h2>Gabonese National Pleads Guilty To Foreign Bribery Scheme<&sol;h2>&NewLine;<p><strong>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<&sol;strong><&sol;p>&NewLine;<p>Samuel Mebiame&comma; a Gabonese […] Read More
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Financial Fraud: Chad Ducey and Two Other Individuals Was Sentenced For Multi-Million-Dollar Fraud Schemes of Imperial Petroleum Inc.

<h2>CEO of publicly traded company along with two others sent to federal prison<&sol;h2>&NewLine;<p><em><strong>Defrauded biodiesel purchasers and shareholders<&sol;strong><&sol;em><&sol;p>&NewLine;<p>INDIANAPOLIS &&num;8211&semi; United States Attorney Josh Minkler and Assistant Attorney General John C&period; Cruden for the Department of Justice’s […] Read More
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