Financial Fraud

Financial Fraud: Cannon Design Conspired to Money Laundering, Multiple Counts of Wire Fraud and Mail Fraud

August 25, 2016 FraudsWatch 0

Cannon Design to pay $12 million as part of criminal enforcement agreement Cannon Design will pay a $12 million penalty, implement a series of corporate reforms and divest itself from a large project in California […] Read More

Financial Fraud: Frank Damico and Richard Morin Pleads Guilty In Fraud Scheme

August 25, 2016 FraudsWatch 0

Third Defendant in Fraud Scheme Pleads Guilty COLUMBUS, Ohio – Richard Morin, 48, of Portland, Connecticut pleaded guilty in U.S. District Court here today to one count of conspiracy, a crime punishable by up to […] Read More

Financial Fraud: Sylvia Price Pleaded Guilty To A Racketeering Conspiracy and Aggravated Identity Theft

August 24, 2016 FraudsWatch 0

Member of the Simple City Criminal Organization Pleads Guilty to a Racketeering Conspiracy and Aggravated Identity Theft Used the Identities of More Than 230 Victims to Engage in Fraudulent Financial Transactions Greenbelt, Maryland – Sylvia […] Read More

Financial Fraud: Reginald Perkins Sentenced For Money Laundering Scheme

August 24, 2016 FraudsWatch 0

Inmate Sentenced for Operating a Fake Jury Duty Money Laundering Scheme from Georgia State Prison ATLANTA – Autry State Prison inmate Reginald Perkins has been sentenced to 12 years and seven months in prison for […] Read More

Elder Fraud: Protecting Older Americans from Financial Exploitation

August 23, 2016 FraudsWatch 0

U.S. Attorney John H. Horn Delivers Testimony Before the U.S. Senate Judiciary Committee on “Protecting Older Americans from Financial Exploitation” Introduction Chairman Grassley, Ranking Member Blumenthal, and distinguished members of the Committee, thank you for […] Read More

Financial Fraud: Jeffrey Robert Bonner Plead Guilty of Conspiracy to Commit Wire Fraud and Mail Fraud

August 23, 2016 FraudsWatch 0

Owner of Costa Rican Call Center and Two Others Plead Guilty to Defrauding Elderly through Offshore Sweepstakes Scheme Two U.S. citizens and a Canadian citizen have pleaded guilty for their roles in a $9 million […] Read More

Financial Fraud: Domenico Procope Was Indicted for Bribery of a Public Official

August 22, 2016 FraudsWatch 0

Delaware Restaurant Owner Indicted for Attempting to Bribe an IRS Employee On June 7, 2016, in the District of Delaware, Domenico Procope was indicted for bribery of a public official. Procope had been arrested on […] Read More

Financial Fraud: Jeffrey Nowak and Ramzi Suliman Conspiracy to Defraud In Filing False Corporate Tax Returns and Tax Evasion

August 21, 2016 FraudsWatch 0

Former Nevada Liquor Store Owner Convicted of Conspiracy to Defraud the United States, Assisting in Filing False Corporate Returns and Tax Evasion Skimmed Cash and Gave Preparer False Set of Books to Evade Reporting Nearly […] Read More

Financial Fraud: Larry Thornton Sentenced For Failing to Pay Employment Taxes

August 21, 2016 FraudsWatch 0

Tennessee Business Owner Sentenced to Prison for Failing to Pay More Than $8 Million in Employment Taxes Spent $6.2 million on Personal Expenses from Business Accounts while Failing to Pay U.S. Treasury A Germantown, Tennessee, […] Read More

Financial Fraud: Bryan D’Antonio Pleaded Guilty For Conspiracy To Commit Mail and Wire Fraud

August 20, 2016 FraudsWatch 0

Orange County Man Pleads Guilty to Owning Fake Law Firms that Falsely Promised to Help Struggling Homeowners SANTA ANA, California – A Brea man pleaded guilty this morning to federal charges related to his role […] Read More

Financial Fraud: Federal Mortgage Scam Prevention Agencies

August 20, 2016 FraudsWatch 0

Extra-governmental departments and corporations are investigating circumstances of mortgage fraud than ever earlier than. Even as this can be a just right signal for skills victims, the sheer numbers of fraudulent instances make it problematic […] Read More

Mortgage Fraud: How to do Protection & Prevention

August 20, 2016 FraudsWatch 0

Common feel and taking note of info are the 2 most effective steps borrowers can take to defend themselves and their households from being victims of, or accomplices to, mortgage fraud. There are quite a […] Read More

Mortgage Frauds: Most Common Lender Mortgage Scam

August 19, 2016 FraudsWatch 0

Contract cheats by and large fall into two general classes – loan specialist fakes and shopper fakes. Loan specialist fakes try to exploit the bank, credit union, contract organization or another money lender that gives […] Read More

Financial Fraud: Robert Pena Was Indicted On Conspiracy And Wire Fraud Charges

August 19, 2016 FraudsWatch 0

Mortgage Company President Charged with Defrauding Ginnie Mae BOSTON – The president and founder of a Falmouth mortgage company was charged in U.S. District Court in Boston in connection with defrauding the Government National Mortgage […] Read More

Financial Fraud: Most Financial Scams Are Addressed Elderly

August 18, 2016 FraudsWatch 0

Top 10 Financial Scams Targeting Seniors Financial scams targeting seniors have become so prevalent that they’re now considered “the crime of the 21st century.” Why? Because seniors are thought to have a significant amount of money […] Read More

Health Care Fraud: Kirtish N. Patel And Nita K. Patel Were Sentenced For Health Care Fraud Scheme

August 18, 2016 FraudsWatch 0

Morris County, New Jersey, Husband And Wife Sentenced To Prison For Falsifying Thousands Of Medical Diagnostic Reports As Part Of $4.8 Million Health Care Fraud Scheme NEWARK, N.J. – Two Rockaway, New Jersey, residents who […] Read More

Financial Fraud: James Conway Pleaded Guilty For Wire Fraud And Taking Kickbacks

August 18, 2016 FraudsWatch 0

Prime Contractor Employee At U.S. Military Bases Admits $1.4 Million Fraud And Taking Kickbacks NEWARK, N.J. – A Pennsylvania man employed as a regional manager for a contractor involved with construction projects at Picatinny Arsenal […] Read More

Financial Crime: Morad Limlahi Sentenced For Stealing Card Details To Load Funds

August 17, 2016 FraudsWatch 0

Fraudster sentenced to three years for £95,000 fraud A fraudster who was the target in two separate police investigations has been jailed for three years following a Dedicated Card and Payment Crime Unit (DCPCU) investigation. […] Read More

Real Estate Scam: Ellis Galyon and Christopher Anderson Plead Guilty to Rigging Bids And Fraud Conspiracies

August 14, 2016 FraudsWatch 0

Two Real Estate Investors Plead Guilty to Rigging Bids at Public Home Foreclosure Auctions 22 Defendants Charged in Ongoing Investigation Two Georgia real estate investors pleaded guilty today for their roles in bid-rigging and fraud conspiracies […] Read More

Financial Fraud: Sarah Frances Bolhuis Charged WIth Wire Fraud And Money Laundering

August 14, 2016 FraudsWatch 0

Northern Michigan Woman Charged WIth Wire Fraud And Money Laundering In Multi-Million Dollar Scheme To Defraud Sarah Frances Bolhuis Has Agreed To Plead Guilty For Her Role In A $7.5 Million Scheme GRAND RAPIDS, […] Read More