Browsing tag

Financial Fraud

Financial Fraud: NANDU THONDAVADI – CEO of Schaumburg-based Quadrant 4 System Corp.- Charged with One Count of Willfully Certifying False Financial Reports

<h2>CEO of Schaumburg Consulting Firm Arrested on Fraud Charges for Misrepresenting Company’s Financial Condition<&sol;h2>&NewLine;<p>CHICAGO — The chief executive of a publicly-traded consulting firm has been charged in federal court with fraudulently misrepresenting the company’s financial […] Read More
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Claims Act Scam: Bechtel National Inc., Bechtel Corp., URS Corp. and URS Energy, Have Agreed to Pay $125 Million to Resolve Allegations Under the False Claims Act

<h2>The United States Settles Lawsuit Against Energy Department Contractors for Knowingly Mischarging Costs on Contract at Nuclear Waste Treatment Plant<&sol;h2>&NewLine;<p>The Justice Department announced today that Bechtel National Inc&period;&comma; Bechtel Corp&period;&comma; URS Corp&period; &lpar;predecessor in interest […] Read More
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Financial Fraud: Owners Of PLCMGMT LLC dba Prometheus Pleaded Guilty to Defrauding Investors of Multi-Million Dollar Securities Fraud

<h2>Founder of Litigation Marketing Company Guilty of Multi-Million Dollar Securities Fraud<&sol;h2>&NewLine;<p><strong>Assistant U&period;S&period; Attorneys Aaron P&period; Arnzen &lpar;619&rpar; 546-8384 and <&sol;strong><&sol;p>&NewLine;<p>SAN DIEGO – David Aldrich pleaded guilty in federal court today to defrauding investors through litigation […] Read More
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Financial Fraud: Jason H. Wild And Lt. Col. Michael K. Strom Convicted Convicted For Wire Fraud Conspiracy and False Claims

<h2>Former Major and Lt&period; Col&period; Convicted of Four-Year Fraud Against the Marine Corps<&sol;h2>&NewLine;<p><strong>Assistant U&period;S&period; Attorneys Nicholas W&period; Pilchak &lpar;619&rpar; 546-9709 and C&period; Seth Askins &lpar;619&rpar; 546-6692<&sol;strong><br &sol;>&NewLine;SAN DIEGO – A former major in the U&period;S&period; […] Read More
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Financial Fraud: Patricia Webb of Lee’s Summit Pleaded Guilty to Three Counts of Wire Fraud and One Count of Aggravated Identity Theft

<h2 class&equals;”node-title”>Lee&&num;8217&semi;s Summit Woman Pleads Guilty to &dollar;1&period;5 Million Embezzlement Schemes&comma; Identity Theft<&sol;h2>&NewLine;<p>KANSAS CITY&comma; Mo&period; – Tammy Dickinson&comma; United States Attorney for the Western District of Missouri&comma; announced that a Lee’s Summit&comma; Mo&period;&comma; woman pleaded […] Read More
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Financial Fraud: Two Individuals Sentenced for Stealing Their Deceased Parent’s Government Benefits

<h2>Two Georgia Men Sentenced for Stealing Government Benefits<&sol;h2>&NewLine;<p>ATLANTA &&num;8211&semi; John W&period;  Jackson&comma; Jr&period;&comma; and Corry Sandlin&comma; have been sentenced in federal district court for stealing their deceased parent&&num;8217&semi;s government benefits&period;  Each defendant lied to the […] Read More
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Mortgage Scam: Ally Financial Inc. Agreed To Pay For 10 Subprime Residential Mortgage-Backed Securities (RMBS)

<h2>Ally Financial Agrees to Pay &dollar;52 Million to Resolve Investigation into Improper Conduct Related to Issuance of Mortgage-Backed Securities<&sol;h2>&NewLine;<p><span style&equals;”color&colon; &num;000000&semi;”><i>LOS ANGELES<&sol;i> – Ally Financial Inc&period; has agreed to pay the United States &dollar;52 million […] Read More
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Loan Fraud: Jeffrey Spanier – Owner of Amerifund Capital Finance, LLC – Convicted For Elaborate Stock-Loan Fraud Scheme

<h2 class&equals;”wp-block-heading”>Owner of Stock Lending Firm Convicted by Jury in &dollar;100 Million Stock-Loan Fraud Scheme<&sol;h2>&NewLine;<div class&equals;”field field–name-field-pr-body field–type-text-long field–label-hidden”>&NewLine;<p><b><i><span style&equals;”color&colon; &num;000000&semi; font-family&colon; ‘Times New Roman’&semi; font-size&colon; medium&semi;”>For Further Information&comma; Contact&colon; Assistant U&period;S&period; Attorney Joseph J&period;M&period; […] Read More
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Financial Fraud: John Vartanian Sentenced In Connection With a Fraudulent Debt Relief Firm

<h2>Salesman Sentenced in Scheme to Defraud Consumers Through Debt Relief Firms<&sol;h2>&NewLine;<p>A Newport Beach&comma; California&comma; man was sentenced today in <em><strong>connection with a fraudulent debt relief firm<&sol;strong><&sol;em>&comma; the Justice Department and U&period;S&period; Postal Inspection Service announced&period;  […] Read More
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Financial Fraud: For Individuals Convicted For Conspiracies to Commit Wire Fraud and Money Laundering

<h2>Four Conspirators Convicted for Defrauding Victims of Millions of Dollars<&sol;h2>&NewLine;<p><strong>Members of the Conspiracy Formed Online Romantic Relationships to Entice Victims To Provide Money<&sol;strong><&sol;p>&NewLine;<p><strong><em>Greenbelt&comma; <&sol;em><&sol;strong>Maryland – A federal jury convicted the following defendants late on November […] Read More
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Financial Fraud: Sandra Stevenson Marks Sentenced on Charges That She Committed Mail Fraud and Laundered Money

<h2>The former owner of a fortune-teller business Sentenced on Mail Fraud&comma; Money Laundering<&sol;h2>&NewLine;<p><strong>In A Separate Hearing&comma; Donnie Marks Pleads Guilty to Same Charges&comma; Both Agree Repay Victims at Least &dollar;1&period;2 Million to<&sol;strong><&sol;p>&NewLine;<p>CHARLOTTESVILLE&comma; VIRGINIA – The […] Read More
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Financial Fraud: Stanley Jonathan Fortenberry Pleaded Guilty To Fraud Two Investment Companies

<h2 id&equals;”node-title”>Texas Man Pleads Guilty to Running Fraudulent Investment Companies and Obstructing Securities and Exchange Commission Investigation<&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>A San Angelo&comma; Texas&comma; man pleaded guilty today to fraud and obstruction […] Read More
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Financial Fraud: MAURICE SESSUM, JIMMY STOKES And TACOBY THOMAS Sentenced For Million Fraudulent Debt Collection Scheme

<h2>Chief Financial Officer And Manager Plead Guilty And Another Manager Sentenced In &dollar;31 Million Fraudulent Debt Collection Scheme<&sol;h2>&NewLine;<p><strong>All 14 Defendants Have Now Pled Guilty in Largest Debt Collection Scheme Ever Prosecuted<&sol;strong><&sol;p>&NewLine;<p>Preet Bharara&comma; the United States […] Read More
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Tax Fraud: Paul and Freida Bouraxis Sentenced For Federal Tax Offenses

<h2>Franklin Family Sentenced in Tax Conspiracy<&sol;h2>&NewLine;<p>United States Attorney Gregory J&period; Haanstad announced that Paul Bouraxis &lpar;age 67&rpar;&comma; his wife&comma; Freida Bouraxis &lpar;age 61&rpar;&comma; son&comma; Andreas Bouraxis &lpar;age 40&rpar;&comma; and son-in-law&comma; Reiad &OpenCurlyDoubleQuote;Ray” Awadallah &lpar;age 45&rpar;&comma; […] Read More
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