In a case that serves as a chilling reminder for small business owners everywhere, Jennifer L. Bengston Cook, a 56-year-old part-time bookkeeper from Greer, South Carolina, was sentenced to three years in federal prison. For more than a decade, she
NEW YORK, NY – October 26, 2023 – A significant federal indictment was unsealed today by the U.S. Attorney’s Office for the Southern District of New York, charging prominent international businessman Edward Carlos St. Mary III with multiple counts of
The Fall of a Greenwich Hedge Fund Operator The world of high finance, particularly the exclusive enclave of Greenwich, Connecticut hedge funds, often conjures images of sophisticated strategies and substantial returns. It was within this environment that Justin C. Murphy,
Introduction In a stark reminder of the vulnerabilities businesses face from within, Valerie Joseph, 61, of Murrells Inlet, South Carolina, was recently sentenced to 53 months in federal prison, followed by 12 months of home detention. Her conviction stemmed from
1. Introduction: Anatomy of a Pandemic Fraud – The Fayetteville Case In a Fayetteville, Arkansas federal courtroom, the carefully constructed facade of a legitimate business couple crumbled. Fawaad Welch and Julia Youngblood, both 41 and formerly residents of Northwest Arkansas,
I. Introduction: An Inside Job Shakes the Telecom Sector In a stark illustration of the vulnerabilities lurking within major corporations, a former employee of a multinational telecommunications company recently admitted to orchestrating a sophisticated, long-running fraud scheme. Richard Forrest Sherman,
Matthew C. Browndorf, a 54-year-old California lawyer, has been sentenced to more than five years in federal prison for a brazen scheme that saw him siphon over $2.4 million from his clients’ trust accounts. The funds, meant to be held
WAXAHACHIE, TX (March 5, 2025) – Trivikram Reddy, a 43-year-old nurse practitioner from Waxahachie, Texas, has been ordered to forfeit over $40 million held in foreign bank accounts, the culmination of a years-long investigation into a sophisticated healthcare fraud scheme.
Trivikram Reddy Forfeits $40M in Overseas Accounts After Massive Healthcare Fraud Read More »
The COVID-19 pandemic brought unprecedented economic challenges, prompting the US government to launch massive relief programs like the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program. These initiatives, designed to keep businesses afloat and protect jobs,
WASHINGTON, D.C. – In a sweeping international operation, the U.S. Justice Department has unsealed charges against two Russian nationals accused of masterminding a global ransomware campaign that extorted over $16 million from victims, including hospitals, schools, and businesses. The operation,
