Financial Fraud

Financial Fraud: Ima Maria Isham Pleaded Guilty to Fraudulently Obtained Loan Proceeds From Several Federally Insured Banks

April 18, 2018 FraudsWatch

Resident of The Colony Admits Role in $10 Million Fraud DALLAS — Ima Maria Isham, 22, of The Colony, Texas appeared this morning before U.S. Magistrate Judge Rebecca Rutherford and pleaded guilty to one count […] Read More

Financial Fraud: Albert S. Poawui, Owner of Atius Technology Institute, Pleaded Guilty to Bribing a VA Program for Disabled Military Veterans

April 17, 2018 FraudsWatch

School Owner Pleads Guilty to $2 Million Bribery Scheme Involving VA Program for Disabled Military Veterans WASHINGTON – The owner of Atius Technology Institute (“Atius”), a privately owned, non-accredited school specializing in information technology courses, […] Read More

Financial Fraud: Sonya Arrington Indicted on Charges of Wire Fraud, And Theft of Government Property

April 12, 2018 FraudsWatch

Erie City Council President Indicted on Fraud and Theft Charges Relating to her Non-Profit Organization ERIE, Pa. – The founder of an Erie non-profit organization and current Erie City Council President has been indicted by […] Read More

Financial Fraud: Ho Shin Lee Was Indicted For Laundering From Appalachian State University

March 23, 2018 FraudsWatch

Los Angeles Man Indicted For Money Laundering Of $1.9 Million Stolen From Appalachian State University CHARLOTTE, N.C. – Ho Shin Lee, 31, of Los Angeles, California, was indicted by a federal grand jury in Charlotte […] Read More

Disaster Fraud: Shanyra Bennett Pleaded Guilty In One Count of Disaster Benefits Fraud

March 20, 2018 FraudsWatch

Camden, New Jersey, Woman Admits Defrauding FEMA after Natural Disasters CAMDEN, N.J. – A Camden woman today admitted defrauding the Federal Emergency Management Administration (FEMA) in 2014 after Hurricane Sandy struck New Jersey in 2012, […] Read More

Financial Fraud: Joshua Philips Indicted In Bank Fraud And Conspiring to Commit Money Laundering

March 13, 2018 FraudsWatch

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 […] Read More

Financial Fraud: Glen Burke Was Sentenced In Two Predatory Schemes That Defrauded Thousands of Victims

March 13, 2018 FraudsWatch

Defendant Sentenced in Multimillion Dollar Prize Promotion Scams Targeting Elderly Victims An individual who ran multimillion dollar prize promotion scams was sentenced on March 12, 2018, to serve 87 months in prison by a federal […] Read More

Financial Fraud: Madoff Victim Fund (MVF) Receive More Than $770 Million

November 9, 2017 FraudsWatch

Department of Justice Compensates Victims of Bernard Madoff Fraud Scheme With Funds Recovered Through Asset Forfeiture Payments Are the Single Largest Distribution of Forfeited Funds in the History of the Department of Justice’s Victim Compensation […] Read More

Financial Fraud: NAVNOOR KANG Pled Guilty For Participating In a Massive Pay-For-Play Bribery Scheme Involving The NYSCRF

November 9, 2017 FraudsWatch

Former Director Of Fixed Income And Head Of Portfolio Strategy At The New York State Common Retirement Fund Pleads Guilty In “Pay-For-Play” Bribery Scheme Joon H. Kim, the Acting United States Attorney for the Southern […] Read More

Financial Fraud: Four Individuals Sentenced For Conspiracy To Commit Bank Fraud And Aggravated Identity Theft

November 8, 2017 FraudsWatch

Members of International Bank Fraud Ring Sentenced to Prison for Role in Scheme TUCSON, Ariz. – Four members of an international fraud syndicate have been sentenced to federal prison for conspiracy to commit bank fraud […] Read More

Financial Fraud: Patricia Suarez, Manuel R. Fernandez, And Rolando Suarez Charged With Various Offenses In Connection With Bribery Scheme

November 5, 2017 FraudsWatch

Former FAA Aviation Safety Inspector and Owners of Miami Aviation Repair Company Charged in Bribery Scheme A former FAA Aviation Safety Inspector and the co-owner of a South Florida aviation repair company, AVCOM Avionics and […] Read More

Financial Fraud: Lynn Alisa Espejo For Money Laundering And Tax Fraud

November 5, 2017 FraudsWatch

Sherwood Woman Sentenced to 45 Months in Prison for Wire Fraud, Money Laundering, and Tax Fraud LITTLE ROCK—Cody Hiland, United States Attorney for the Eastern District of Arkansas, and Tracey D. Montaño, Internal Revenue Service […] Read More

Financial Fraud: ANTON SALJANIN And GJON SALJANIN Plead Guilty To Charges Associated With Participating In a Scheme To Steal

October 19, 2017 FraudsWatch

Two Brothers From Yorktown Heights Plead Guilty In Connection With Heist Of Over $1 Million Worth Of Computers Bound For Public High School Students Joon H. Kim, the Acting United States Attorney for the Southern […] Read More

Financial Fraud: Group Of Eleven Individuals, Charged For Their Roles In a Scheme That Used Stolen Identities to Order Smartphones And Other Electronic Goods

October 18, 2017 FraudsWatch

Eleven Men Charged In $1 Million Cross-Country Scheme To Defraud National Cellular Provider NEWARK, N.J. – Eleven men in New York, Connecticut, North Carolina and Florida were charged today for their roles in a scheme […] Read More

Financial Fraud: David Dae Sok Son Pleaded Guilty To An Information Charging Him With Conspiracy, Bribery, And Obstruction Of Justice

October 18, 2017 FraudsWatch

Prince George’s County Liquor Board Official Pleads Guilty to Conspiracy, Bribery, and Obstruction of Justice Greenbelt, Maryland – On October 17, 2017, Prince George’s County Liquor Board official David Dae Sok Son, age 41, of […] Read More

Mortgage Fraud: Group Of 4 Individuals Charged With Using – Straw Buyers – To Fraudulently Obtain Mortgage Loans From a Bank

October 18, 2017 FraudsWatch

Four People Charged In Mortgage Fraud Conspiracy NEWARK, N.J. – A real estate investor, a builder, a mortgage loan officer, and a real estate settlement attorney were arrested today and charged with using “straw buyers” […] Read More

Financial Fraud: Anthony A. Shaw Sentenced On Charges Of Taking Illegal Gratuities, Income Tax Evasion And Making False Statements

October 12, 2017 FraudsWatch

Former Army Manager Sentenced to Prison for Taking $1 Million in Illegal Gratuities PITTSBURGH – A resident of Rochester Hills, Michigan, has been sentenced in federal court to 46 months incarceration and a $100,000 fine, […] Read More

Financial Fraud: Jason T. Posey Guilty For His Role In Orchestrating a Scheme to Steal From Charitable Foundations

October 12, 2017 FraudsWatch

Former Congressional Staffer Pleads Guilty to Extensive Fraud and Money Laundering Scheme HOUSTON – A former congressional staffer pleaded guilty today for his role in orchestrating a scheme to steal hundreds of thousands of dollars […] Read More

Financial Fraud: Joseph Felix Strevell Sentenced To Be Followed By a Three-Year Term of Supervised Release And Five Counts of Perjury

October 12, 2017 FraudsWatch

Former NYS Deputy Secretary of State Sentenced to Serve Thirty Months in Prison for Perjury Gave False Sworn Testimony About Personal and Family Expenditures ALBANY, NEW YORK – Joseph Felix Strevell, 56, of Castleton, New […] Read More

Financial Fraud: DAVID STASIOR Charged For Providing Financing And Financial Advice to an Illegal Brothel

October 11, 2017 FraudsWatch

Manhattan U.S. Attorney Announces Charges Against Massachusetts Businessman For Money Laundering, Financial Support For Manhattan Brothel Joon H. Kim, the Acting United States Attorney for the Southern District of New York, Charles Brandeis, the Special […] Read More