Financial Fraud

Fraud News From World

Investment Fraud: Hector Absi Pleads Guilty To Conspiracy To Commit Mail, Wire, And Securities Fraud

October 18, 2019 FraudsWatch 0

Former Chief Operating Officer of Davis Bio-Pesticide Company Pleads Guilty to Conspiracy to Commit Mail, Wire, and Securities Fraud SACRAMENTO, Calif. — Hector Absi, 51, of Las Vegas, Nevada, pleaded guilty today to one count […] Read More

Fraud News From World

Financial Fraud: Michael Cary Lawing Sentenced For One-Count Felony Information Charging Him With Conspiracy To Commit Wire Fraud

October 17, 2019 FraudsWatch 0

Another Tech Support Fraudster Sentenced To Prison An American citizen who spent over a year running the day-to-day operations of a fraudulent tech support call center in Costa Rica is heading to prison. Michael Cary […] Read More

Fraud News From World

Financial Fraud:Walter Konigseder Arrested On Investment Fraud Charges

October 16, 2019 FraudsWatch 0

Former Informix Executive Hauled Into Court On 19-Year-Old Indictment Regarding Alleged Investment Fraud Scheme Walter Konigseder arrested on investment fraud charges SAN FRANCISCO – This morning, former Informix executive Walter Konigseder appeared in federal court […] Read More

Fraud News From World

Financial Fraud: Dwane Nevins Plead Guilty To An Indictment Charging Him With Corruption Related Crimes

September 24, 2019 FraudsWatch 0

Veterans Affairs Official Pleads Guilty to Six Corruption-Related Counts Arising from Scheme to Take Bribes To Rig Federal Contracts Business Associates, Charged with Offering and Arranging for the Payments, Have Also Pleaded Guilty DENVER – […] Read More

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Financial Fraud: Dana Q. Roush Guilty Of a Conspiracy To Commit Mail Fraud And Equity Skimming

September 19, 2019 FraudsWatch 0

Greenville Business Owner Convicted in Federal Court of Conspiracy to Defraud Greenville, South Carolina —- United States Attorney Sherri A. Lydon announced today that Dana Q. Roush, age 38, of Greenville, was found guilty of […] Read More

Fraud News From World

Financial Fraud: Compounding Pharmacy Have Agreed To Resolve a Lawsuit Alleging That They Violated The False Claims Act

September 19, 2019 FraudsWatch 0

Compounding Pharmacy, Two of Its Executives, and Private Equity Firm Agree to Pay $21.36 Million to Resolve False Claims Act Allegations The Department of Justice announced today that compounding pharmacy Diabetic Care Rx LLC, or […] Read More

Fraud News From World

Financial Fraud: Group Of 25 Individuals Charges In Healthcare Fraud Schemes

September 19, 2019 FraudsWatch 0

25 Southern California Defendants Face Federal Charges Alleging Fraud Schemes that Cost Health Care Programs Millions of Dollars LOS ANGELES – A local health care fraud enforcement action has resulted in federal charges against of […] Read More

Fraud News From World

Financial Fraud: 29 Individuals Indicted For Drug Conspiracy And Money Laundering

September 19, 2019 FraudsWatch 0

29 Defendants Indicted For Drug Conspiracy, International Money Laundering, Money Laundering Conspiracy, And/Or Related Charges MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Enrique Pacheco, age 30, […] Read More

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Financial Fraud: Edvin Ovasapyan, Hakob Kojoyan, Lorik Papyan, and Stephen Silverman Indected For their Roles In An Alleged Scheme To Defraud Purchasers Of Prescription Drugs

September 19, 2019 FraudsWatch 0

Four Defendants Charged In $70 Million Wire Fraud Conspiracy Involving Black Market HIV Medications SAN FRANCISCO – A federal grand jury returned a superseding indictment charging Edvin Ovasapyan, Hakob Kojoyan, Lorik Papyan, and Stephen Silverman […] Read More

Fraud News From World

Financial Fraud: Kelley Rogers Defrauded Countless Citizens Across The Country Who Sought To Participate In The Political Process

September 18, 2019 FraudsWatch 0

Political Consultant Pleads Guilty to Fraud Scheme Involving Scam PACs ALEXANDRIA, Va. – A Maryland political consultant pleaded guilty today to wire fraud as a result of his fraudulent scheme to solicit millions of dollars […] Read More

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Financial Fraud: Shiraaz Sookralli Pled Guilty For Leading A Fraud Scheme

September 17, 2019 FraudsWatch 0

Former Salesman of Porsche Dealership Pleads Guilty to Over $3 Million Fraud Scheme Involving Non-Existent Rare Porsche Models On September 13, 2019, a former salesman for Copans Motorsports d/b/a Champion Porsche, Shiraaz Sookralli, 45, of […] Read More

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Financial Fraud: GEORGE PHILLIP TIGER Plead Guilty To Bribery Concerning Programs Receiving Federal Funds

September 14, 2019 FraudsWatch 0

Tiger Enters Guilty Plea To Federal Bribery Charge MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Bristow, Oklahoma, resident GEORGE PHILLIP TIGER, age 69, entered a guilty […] Read More

Gavel and medical symbol over a map of South Carolina, North Carolina, and Florida, representing a healthcare fraud settlement.

Health Care Fraud: Philip Esformes Sentenced For Role In Largest Health Care Fraud Scheme

September 13, 2019 FraudsWatch 0

South Florida Health Care Facility Owner Sentenced to 20 Years in Prison for Role in Largest Health Care Fraud Scheme Ever Charged by The Department of Justice A federal district judge sentenced a south Florida […] Read More

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Financial Fraud: Jonathan Chang Convicted Of Four Counts Of Wire Fraud And Three Counts Of Money Laundering

September 11, 2019 FraudsWatch 0

Cupertino Man Convicted Of Embezzling More Than $7.5 Million In Donated Funds Jonathan Chang misappropriated religious donations and church funds SAN JOSE – A federal jury convicted Jonathan Chang of four counts of wire fraud […] Read More

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Financial Fraud: Mark Gregory Jackson Sentenced For Conspiring To Commit Wire Fraud

August 17, 2019 FraudsWatch 0

Little Rock Man Sentenced to Five Years in Prison for Million-Dollar Equipment Flipping Scheme LITTLE ROCK—A Little Rock man was sentenced for orchestrating a scheme that defrauded a government program intended help non-profits, municipal agencies, […] Read More

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Financial Fraud: Three Men Arrested In Connection With A Scheme In Which They Allegedly Stole Money

August 14, 2019 FraudsWatch 0

Three Men Arrested in SNAP Food Stamp Benefits Theft Scheme Conducted Hundreds of Fraudulent Transactions at National Superstores; Defendants also Used Fraudulent Electronic Benefits Transfer Machine CAMDEN, N.J. – Three men were arrested today in […] Read More

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Health Care Fraud: Seven Defendants Convicted For They Role In Yhe $200 Million Kickback Scheme

August 14, 2019 FraudsWatch 0

USAO Seeking $17M in Money Judgments Against Defendants Convicted in Forest Park Trial The U.S. Attorney’s Office is seeking more than $17 million in money judgments against the seven defendants convicted in the Forest Park […] Read More

Fraud News From World

Financial Fraud: Brandon Sazue Indicted For Embezzlement And Theft From An Indian Tribal Organization

August 10, 2019 FraudsWatch 0

Former Tribal Chair Indicted for Embezzlement & Theft from an Indian Tribal Organization and Aiding and Abetting Defendants Prosecuted as Part of The Guardians Project, a Federal Law Enforcement Initiative to Combat Corruption, Fraud, and […] Read More

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Financial Fraud: Jeffrey Morrow And Richard M. Owen Pleaded Guilty To Multiple Financial Crimes

August 3, 2019 FraudsWatch 0

Managers of Local Gold Dealer Plead Guilty to Money Laundering SAN DIEGO – Global Gold Exchange, LLC and its managers, Jeffrey Morrow and Richard M. Owen, pleaded guilty in federal court today to multiple financial […] Read More

Fraud News From World

Financial Fraud: Scott Roix And His Companies Agree To Pay To Resolve Allegations That Violated The False Claims Act

August 1, 2019 FraudsWatch 0

Telemarketer And His Companies Agree To Pay $2.5 Million To Settle Allegations That They Operated Telemedicine Schemes Involving Illegal Kickbacks And Unnecessary Prescriptions United States Attorney Maria Chapa Lopez and U.S. Attorney J. Douglas Overbey […] Read More