Financial Fraud

McKinsey Africa Pays

McKinsey Africa Pays $122 Million to Resolve Bribery Scheme in South Africa

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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 over $122 million to resolve a U.S. Justice Department investigation. This case, deeply intertwined with

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Fraud Targeting Vulnerable Sports Bettors

“Wolf of Wall Street” Tactics Used in Nationwide Sports Betting Scam: Florida Man Pleads Guilty

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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, 63, of Boca Raton, Florida, pleaded guilty today to federal charges of conspiracy to commit

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MJ Capital Funding CEO

MJ Capital Funding CEO Sentenced to 20 Years for $190 Million Ponzi Scheme

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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 guilty to conspiracy to commit mail and wire fraud. The scheme involved fraudulently soliciting approximately

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Michael Mayfield Sentenced

Michael Mayfield – Former Mars Wrigley Manager – Sentenced to Prison for $1.2 Million Fraud Scheme

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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 a complex scheme that involved diverting company checks, creating false invoices, and exploiting his position

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Medicare Fraud

Inside a Massive Medicare Fraud Operation in Florida

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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. District Judge Timothy J. Corrigan delivered the sentences, which include prison time, hefty fines, and

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Wire Fraud

GAF Manager Accused of $1.3 Million Wire Fraud Scheme

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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 of over $1.3 million. John Laakso, 56, of Sarasota, Florida, was indicted on four counts

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Payroll Tax Fraud

Roofing Business Owners Plead Guilty in Multi-Million Dollar Fraud Scheme

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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 tax fraud. Travis Morgan Slaughter and Tripp Charles Slaughter face up to 20 years in

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COVID-19 Relief Funds

Two Mississippi Women Accused of Massive COVID-19 Relief Fraud

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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 government out of COVID-19 relief funds. The Allegations Charges and Potential Penalties The charges against

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Fraud Prevention

Stop Fraud in 2025: 20 Essential Prevention Tips

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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! In our increasingly digital world, fraudsters constantly evolve their tactics to exploit vulnerabilities. From identity

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CDK Global Cyberattack

CDK Global Cyberattack Cripples Automotive Retail Operations, Exposing Sensitive Data

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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 a crucial role in the day-to-day functioning of thousands of dealerships globally. How the Cyberattack

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