Fmr. RI House Finance Chairman to Plead Guilty to Fraud, Aggravated Identity Theft, Tax Charges PROVIDENCE – According to signed documents filed in U.S. District Court in Providence today, Raymond E. Gallison, Jr., 64, of Bristol, R.I., a former member of the Rhode Island House of Representatives and House Finance Committee Chairman, has agreed to […]
Société Générale Agrees To Pay $50 Million Penalty To Settle RMBS Fraud Claims United States Attorney Robert L. Capers announced today that Société Générale, S.A. will pay a $50 million civil penalty to resolve claims related to its activities, which were conducted through several affiliates (together, “SocGen”), in connection with the marketing, sale, and issuance
Information Technology Chief And Consultant Charged With Multimillion-Dollar False Invoicing Scheme Preet Bharara, the United States Attorney for the Southern District of New York, and Philip R. Bartlett, Inspector-in-Charge of the New York Office of the U.S. Postal Inspection Service (“USPIS”), announced today the filing of a criminal complaint charging ENRICO RUBANO, a/k/a “Rick Rubano,”
Western Union Admits Anti-Money Laundering and Consumer Fraud Violations, Forfeits $586 Million in Settlement with Justice Department and Federal Trade Commission Company also Agrees to Implement Anti-Fraud Program and Enhanced Compliance Obligations in Agreements with Federal Authorities The Western Union Company (Western Union), a global money services business headquartered in Englewood, Colorado, has agreed to
Credit Suisse Agrees to Pay $5.28 Billion in Connection with its Sale of Residential Mortgage-Backed Securities The Justice Department announced today a $5.28 billion settlement with Credit Suisse related to Credit Suisse’s conduct in the packaging, securitization, issuance, marketing and sale of residential mortgage-backed securities (RMBS) between 2005 and 2007. The resolution announced today requires
Alleged Confidence Man Charged With Luring Victims Through Matchmaking And Networking Sites To Commit Fraud And Identity Theft John Edward Taylor Allegedly Masqueraded as a Millionaire and Businessman to Romance Victims, Steal Their Identifying Information, and Use Their Bank Accounts and Credit to Fund His Daily Expenses. Preet Bharara, the United States Attorney for the
Boardman man charged with defrauding investors out of $1.2 million A Boardman man was charged in federal court with defrauding investors out of nearly $1.2 million and related tax violations, said Carole S. Rendon, U.S. Attorney for the Northern District of Ohio, Stephen D. Anthony, Special Agent in Charge of the FBI and Troy Stemen,
Auto Dealer Arrested In $2 Million Fraud On Russian Citizens NEWARK, N.J. – A New Jersey auto dealer was charged today for allegedly defrauding more than 140 Russian citizens who were customers of his auto sales business, U.S. Attorney Paul J. Fishman announced. Sergey Kapustin, 47, of Warminster, Pennsylvania, was arrested today by special agents
Justice Department Reaches Final Resolutions Under Swiss Bank Program Information Received Continues to Drive Civil and Criminal Enforcement Efforts The Department of Justice announced today that it has reached final resolutions with banks that have met the requirements of the Swiss Bank Program. The Program provided a path for Swiss banks to resolve potential criminal
Swiss Bank Tax: Final Resolutions Of Department of Justice And Swiss Bank Program Read More »
United Shore Financial Services LLC Agrees To Pay $48 Million To Resolve Alleged False Claims Act Liability Arising From Fha-Insured Mortgage Lending WASHINGTON – United Shore Financial Services LLC (USFS) has agreed to pay the United States $48 million to resolve allegations that it violated the False Claims Act by knowingly originating and underwriting mortgage
