Newark, NJ – Teresina DeAlmeida, a 59-year-old former assistant dean at a graduate school in Essex County, New Jersey, has been sentenced to 36 months in prison for orchestrating an elaborate fraud scheme that spanned over a decade. DeAlmeida, along
Consulting giant implicated in widespread corruption, highlighting the need for greater transparency and accountability. Johannesburg, South Africa – McKinsey & Company Africa (Pty) Ltd finds itself at the center of a massive corruption scandal in South Africa, agreeing to pay
McKinsey Africa Pays $122 Million to Resolve Bribery Scheme in South Africa Read More »
Cory Zeidman Admits to Orchestrating Multi-Million Dollar Fraud Targeting Vulnerable Sports Bettors Central Islip, NY – A sophisticated sports betting scam reminiscent of the high-pressure tactics depicted in “The Wolf of Wall Street” has been brought to justice. Cory Zeidman,
MIAMI – Johanna Michely Garcia, the former Chief Executive Officer of MJ Capital Funding, LLC, was sentenced to 240 months (20 years) in prison today for her role in a massive Ponzi scheme. Garcia, 41, from Broward County, Florida, pleaded
MJ Capital Funding CEO Sentenced to 20 Years for $190 Million Ponzi Scheme Read More »
GAINESVILLE, Ga. – Michael Mayfield, a 55-year-old former environmental manager at the Mars Wrigley factory in Flowery Branch, Georgia, has been sentenced to three years in prison for defrauding his employer of over $1.2 million. Mayfield pleaded guilty to devising
Jacksonville, FL – A complex web of deceit involving telemarketers, rogue doctors, and unscrupulous pharmacy owners has unraveled in a Florida courtroom, resulting in federal prison sentences for four men who orchestrated a staggering $54.3 million Medicare fraud scheme. U.S.
Inside a Massive Medicare Fraud Operation in Florida Read More »
Savannah, GA – GAF Materials Corporation Manager Indicted for Elaborate Wire Fraud Scheme Savannah, GA – A former manager at GAF Materials Corporation in Savannah is facing serious federal charges for allegedly orchestrating a complex scheme to defraud the company
GAF Manager Accused of $1.3 Million Wire Fraud Scheme Read More »
Operators Of Jacksonville Roofing Business Plead Guilty To Payroll Tax Fraud And Workers’ Compensation Fraud Two brothers who owned a roofing business in Jacksonville, Florida have pleaded guilty to conspiracy to commit mail and wire fraud and conspiracy to commit
Roofing Business Owners Plead Guilty in Multi-Million Dollar Fraud Scheme Read More »
West Tennessee Tax Preparers Indicted for Schemes to Defraud Government of Over $65 Million in COVID-19 Relief Renata Walton and Nicole Jones, both from Olive Branch, Mississippi, have been indicted on 53 counts related to a scheme to defraud the
Two Mississippi Women Accused of Massive COVID-19 Relief Fraud Read More »
Stay one step ahead of scammers in the digital age. This comprehensive guide provides 20 actionable tips to protect yourself from identity theft, phishing scams, online shopping fraud, and more in 2025. Learn how to recognize and prevent fraud today!
Stop Fraud in 2025: 20 Essential Prevention Tips Read More »
Who is CDK Global? CDK Global is a leading provider of integrated data and technology solutions for the automotive retail industry. Their software is used by dealerships worldwide for various critical operations, including sales, service, parts, and financing. They play
CDK Global Cyberattack Cripples Automotive Retail Operations, Exposing Sensitive Data Read More »
ChatGPT 4, OpenAI’s groundbreaking language model, is an impressive tool. But sadly, its popularity has attracted scammers eager to exploit the hype for profit. Fraudswatch.com is committed to exposing these scams and arming you with the knowledge to stay safe.
ChatGPT 4 Scams: Red Flags, Examples, & Reporting Read More »
International Con Artist Sentenced to Over a Decade for Brazen Fraud Schemes Brooklyn, New York – Joseph Modile, a Nigerian national with a web of fraudulent schemes reaching from coast to coast, was sentenced today to 145 months in federal
Financial Fraud: Joseph Modile Was Sentenced For Money Laundering Schemes Read More »
Florida Man’s Audacious Crime Spree: From Fake Passports to Stolen Millions Manley Vanel Neptune, a 33-year old resident of Lake Worth, Florida, has found himself in a tangle of federal charges. Already facing accusations of aggravated identity theft, Neptune added
Financial Fraud: Manley Vanel Neptune Was Charged to a Fraudulent Bank Account Read More »
Definition: Payment and transaction fraud encompasses any deceptive or unauthorized activity designed to steal funds, goods, or personal information during a financial exchange. In our increasingly digital world, the convenience of online transactions comes with a price: the rising threat of
The Shifting Landscape of Payment Fraud: Protecting Yourself in the Digital Age Read More »
Uncover the potential downsides of investing with Bank of America (BOA) and learn how to protect your hard-earned money. Investing can be a powerful tool for building wealth, but it’s crucial to be aware of the risks involved. Bank of
Bank of America (BOA) Investing: Hidden Traps That Could Cost You Read More »
Investing is a great way to secure your financial future, but it’s important to be wary of the many fraudulent schemes that exist. Understanding the risks and staying vigilant are crucial to safeguarding your assets.
Investor Beware: Essential Tips to Prevent Investment Fraud Read More »
The threat of foreclosure is stressful enough for homeowners, but the existence of foreclosure scams makes the situation far worse. These schemes prey on individuals in dire financial straits, promising false hope while often robbing them of what little they
Foreclosure Scams in 2024: Evolving Tactics and How to Protect Yourself Read More »
New York, 10/02/2024 – Despite increasing awareness in recent years, pyramid schemes continue to be a pervasive threat to unsuspecting individuals seeking financial opportunities. In 2024, experts warn that these fraudulent schemes are evolving, finding new ways to hide under
Pyramid Schemes Resurface: What You Need to Know in 2024 Read More »
A South Carolina attorney has admitted to playing a role in concealing funds tied to a massive California-based fraud operation. Peter J. Strauss, formerly of the Strauss Law Firm, pleaded guilty to charges related to the obstruction of asset seizure
Attorney Admits Guilt in Hiding Millions for Convicted Fraudsters Read More »
