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Financial Investigations December 15, 2020

Three former Boucher & James executives arrested for defrauding Pennsylvania municipalities

Three former Boucher & James, Inc. executives were arrested for defrauding more than 100 entities including municipalities in Pennsylvania, according to the state’s Attorney General Josh Shapiro.   Boucher &…

By – Marivic Cabural Summers
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Financial Investigations December 14, 2020
Hackers attack U.S. agencies using SolarWinds God-Mode

Hackers attacked federal agencies’ servers, including both the Treasury and Commerce departments. Experts believe that the SolarWinds management interface…

By Jackie Allen
Financial Investigations December 12, 2020
Crypto firm Blockvest slapped with $700K penalty over its unregistered ICO

Blockvest LLC received a final judgment from a U.S. court after a long legal fight with the U.S.…

By Dee Dulfo
Financial Investigations December 10, 2020
BlueCrest to pay $170 million to settle SEC charges over its inadequate disclosures

BlueCrest Capital Management Limited agreed to pay $170 million to settle a complaint filed by the Securities and…

By Marivic Cabural Summers
Financial Investigations December 9, 2020
BTC-e cryptocurrency operator, Alexander Vinnik sentenced to 5 years in French prison

Alexander Vinnik, the 41-year-old Russian founder and operator of the now-defunct BTC-e cryptocurrency exchange has been sentenced to 5 years…

By Jackie Allen
Financial Investigations December 8, 2020
Miami-based computer repair service provider EasyQuickfix LLC allegedly exploiting seniors

EasyQuickfix LLC, a computer repair service provider based in Miami, Florida is allegedly taking advantage of consumers, particularly…

By Marivic Cabural Summers
Financial Investigations December 2, 2020
Scammer Lawrence Schmidt Extradited to the U.S. to face investment fraud charges

Scammer Lawrence Schmidt, the chief executive of Commercial Equity Partners, FutureGen Company, and other investment entities has been…

By Marivic Cabural Summers
Financial Investigations December 2, 2020
Fraud Alert: Watch Out for Holiday Scams

The COVID-19 pandemic has pushed millions and millions of people, businesses, organizations, and many other entities to use…

By Jackie Allen
Financial Investigations December 1, 2020
FTC stops “debt parking scheme” by debt collector Midwest Recovery Systems

The Federal Trade Commission (FTC) prohibited a debt collector, Midwest Recovery Systems from placing bogus or highly questionable…

By Marivic Cabural Summers
Financial Investigations November 30, 2020
Kraken Exchange: Bitcoin price reaches all-time high then drops in stop-loss-run

Bitcoin (BTC) reached record highs on various exchanges on Nov. 30, reaching a high of $19,786.24. The BTC…

By Jackie Allen
Financial Investigations November 25, 2020
California EDD scam: Convicted killers among thousands of inmates obtained unemployment benefits

Convicted killers such as Scott Peterson was among the thousands of inmates who have received unemployment benefits in recent…

By Dee Dulfo

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