Financial Fraud

Financial Fraud: Ivan Valdes Pleads Guilty to a One-Count Criminal Information to Fraud and Kickback Scheme

October 20, 2016 FraudsWatch 0

Former Miami-Dade County Aviation Department Division Director Pleads Guilty to $5,000,000 Fraud and Kickback Scheme A former Division Director of the Miami-Dade County Aviation Department pled guilty for his involvement in a $5,000,000 fraud and […] Read More

Financial Fraud: Junaidu Saljan Savage Sentenced For Conspiring to Commit Bank Fraud And For Aggravated Identity Theft

October 18, 2016 FraudsWatch 0

Lanham Man Sentenced to Over Seven Years in Federal Prison for Bank Fraud Conspiracy Baltimore, Maryland – On October 14, 2016, U.S. District Judge George L. Russell III sentenced Junaidu Saljan Savage, a/k/a James Kamara, […] Read More

Financial Fraud: Robert Smith Guilty to Charges of Mail Fraud For a Decade-Long Scheme to Defraud the International Longshoremen’s Association (ILA),

October 15, 2016 FraudsWatch 0

Union Official Pleads Guilty to Stealing Over $1 Million from ILA Local 970 NORFOLK, Va. – Robert Smith, III, 48, of Virginia Beach, pleaded guilty today to charges of mail fraud for a decade-long scheme […] Read More

Financial Fraud: EDWARD J. SERVIDER Charged With Commodities Fraud, Mail Fraud, and Wire Fraud in Connection With a Scheme to Defraud

October 14, 2016 FraudsWatch 0

Staten Island Man Charged With Defrauding Over 100 Investors Of More Than $2 Million Preet Bharara, the United States Attorney for the Southern District of New York, and William F. Sweeney, the Assistant Director in […] Read More

Financial Fraud: Tara L. Mitchell and Mechelle Blankenship Guilty to Conspiring to Defraud With False Tax Returns

October 13, 2016 FraudsWatch 0

Logan County, Kentucky, Tax Return Preparers Guilty Of Preparing False Tax Returns Falsified taxpayer education expenses resulting in education credits on prepared tax returns for a loss of more than $250,000 BOWLING GREEN, Ky. – […] Read More

Financial Fraud: David T. Shulick Indicted For Embezzling Funds, Scheme to Defraud PNC Bank and Filing False Tax Returns

October 12, 2016 FraudsWatch 0

Buisnessman Indicted On Embezzlement And Tax Charges PHILADELPHIA – An indictment was returned today charging David T. Shulick, 46, of Gladwyne, Pennsylvania, with embezzling funds from the School District of Philadelphia. Shulick was also charged […] Read More

Financial Fraud: Victor Hugo Soriano Guilty to Commit Mail Fraud in a Scheme to Defraud Insurance Companies

October 12, 2016 FraudsWatch 0

Modesto Man Pleads Guilty to Staging Car Accidents in a Scheme to Defraud Insurance Companies FRESNO, Calif. — Victor Hugo Soriano-Villafan, 26, of Modesto, pleaded guilty today to conspiracy to commit mail fraud in a […] Read More

Financial Fraud: Mark Allen Hartley Sentenced on Multiple Wire Fraud Charges Related To The Theft Over 400 Victims

October 10, 2016 FraudsWatch 0

Business Owner Sentenced To 36 Months In Prison For Defrauding Over 400 Victims Of $809,205.43 Owner of Patriot Computers ordered to pay full restitution to victims LOUISVILLE, Ky. – Mark Allen Hartley, the owner of […] Read More

Financial Fraud: Edmund Edward Wilson Guilty to Wire Fraud and Real Estate Fraud Scheme

October 9, 2016 FraudsWatch 0

St. George Man Sentenced To 108 Months In Federal Prison After Convictions For Fraud, Money Laundering Ordered to Pay $12,227,920 in Restitution to Victims SALT LAKE CITY – Edmund Edward Wilson, age 72, of St. […] Read More

Financial Fraud: Group Of Individuals Guilty of Wire Fraud, Bribery and Extortion Charges

October 9, 2016 FraudsWatch 0

Four Individuals Guilty Of Conspiracy To Commit Federal Programs Bribery, Honest Services Wire Fraud And Extortion Six co-conspirators plead guilty SAN JUAN, Puerto Rico– Today, after a 25-day trial before U.S. District Court Judge Pedro […] Read More

Financial Fraud: Paul Randolph Beeks Pleaded Guilty to Wire Fraud Arising From a Scheme to Defraud

October 9, 2016 FraudsWatch 0

President of Maryland Tax and Financial Management Companies Pleads Guilty to Defrauding a Client of at Least $526,000 Baltimore, Maryland – Paul Randolph Beeks, Jr., age 58, of Mt. Airy, Maryland, pleaded guilty today to […] Read More

Financial Fraud: Kevin C. Conklin Charges of Wire Fraud, Mail Fraud and Income Tax Evasion

October 6, 2016 FraudsWatch 0

Energy Company Employee Indicted on Fraud and Tax Charges PITTSBURGH – A resident of Waynesburg, Pa., has been indicted by a federal grand jury in Pittsburgh on charges of wire fraud, mail fraud, impeding and […] Read More

Financial Fraud: A lender headquartered, Resolve Allegations That it Violated the False Claims Act by Originating and Underwriting Mortgage Loans Insured

October 4, 2016 FraudsWatch 0

Utah-Based Lender Agrees To Pay $4.25 Million To Resolve Alleged False Claims Act Liability Arising From FHA-Insured Mortgage Lending NEWARK, N.J. – A lender headquartered in Salt Lake City, Utah, has agreed to pay $4.25 […] Read More

Financial Fraud: Naum Morgovsky Arraigned For Scheme to Defraud Two Federally-Insured Banks

October 2, 2016 FraudsWatch 0

Portola Valley And Hillsborough Residents Charged In Bank Fraud Scheme SAN FRANCISCO – Naum Morgovsky was arraigned in federal court today for his alleged role in a scheme to defraud two federally-insured banks through short […] Read More

Financial Fraud: Wilfred David Joseph Jobin-Reyes Sentenced For Embezzling $818,000 From SeaWorld

October 2, 2016 FraudsWatch 0

Seaworld Manager Sentenced to 30 Months in Prison for Stealing More Than $1 Million Assistant U.S. Attorney Emily W. Allen (619) 546-9738 NEWS RELEASE SUMMARY – September 23, 2016 SAN DIEGO – Former SeaWorld San […] Read More

Financial Fraud: John Blake Tinkle Guilty To Charges of Wire Fraud and Money Laundering

October 2, 2016 FraudsWatch 0

Tomball Business Executive Convicted in $13 Million False Invoicing Scheme HOUSTON – The owner of Tinkle Management Inc. (TMI) has entered a guilty plea to charges of wire fraud and money laundering, announced U.S. Attorney […] Read More

Financial Fraud: Bart Wayne Volen Sentenced for Conspiring to Launder Monetary Instruments, and Filing a False Tax Return

October 2, 2016 FraudsWatch 0

Man Who Defrauded United Auburn Indian Community Sentenced to 8.5 Years in Prison SACRAMENTO, Calif. — Bart Wayne Volen, 54, of San Diego and Haiku, Hawaii, was sentenced today by United States District Judge Troy […] Read More

Financial Fraud: Och-Ziff Capital Management Guilty to Conspiracy to Violate the FCPA

October 2, 2016 FraudsWatch 0

OCH-Ziff Capital Management Admits To Role In Africa Bribery Conspiracies And Agrees To Pay $213 Million Criminal Fine Och-Ziff Enters into 3-Year Deferred Prosecution Agreement; Och-Ziff Subsidiary Pleads Guilty to Conspiracy to Violate the FCPA […] Read More

Financial Fraud: Frederick Ippolito Sentenced For $548,487.00 Tax Evasion

September 28, 2016 FraudsWatch 0

Town Of Oyster Bay Commissioner Sentenced To 27 Months In Prison For Tax Evasion Defendant Willfully Failed to Report Over $2 Million in Consulting Fees Earlier today in Central Islip, New York, Frederick Ippolito, former […] Read More

Financial Fraud: Kara Hayden Charged In Bank Fraud and Aggravated Identity Theft

September 26, 2016 FraudsWatch 0

Anchorage Insurance Sales Woman Arrested on Charges of Bank Fraud and Aggravated Identity Theft Anchorage, Alaska – U.S. Attorney Karen L. Loeffler announced that an Anchorage woman has been taken into custody today on charges […] Read More