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Friday, October 19, 2018

Medicaid Program Fraud Lands Woman in Federal Prison

Medicaid Program Fraud Runs Rampant Ronnette Brown receives a four year federal prison sentence for Medicaid program fraud. Brown pleads guilty to 23 counts of...

Ponzi Fraudster Slapped with More Than a Decade in Federal Prison

Aggressive Ponzi Fraudster Lee Loomis received a prison sentence in February for running a complex investment ponzi scheme. The scam caused nearly 200 investors to...

International Money Laundering Conspiracy Lands U.S.-Nigerian Dual Citizen in Federal Court

Nigerian Money Laundering Conspiracy Emeka Ndukwu, of Upper Marlboro, Maryland, pleads guilty to conspiring to launder the proceeds of a multitude of fraudulent activities. Ndukwu’s...

Cloud Communications Executives Charged by SEC for Misleading Revenue Projections

A cloud communications company and two executives have been charged by the Securities and Exchange Commission with providing misleading quarterly revenue estimates. The company...

Bitcoin Plunges after South Korean Cryptocurrency Exchange Suffers Cyberattack

The price of bitcoin declined to its lowest level on Monday morning after a South Korean cryptocurrency exchange suffered a cyberattack over the weekend....

$85 Million Ponzi Scheme Shut Down and Assets Frozen

Ponzi Scheme in the Lumber Industry The Securities and Exchange Commission publicizes fraud charges against a Mississippi company and its owner, Arthur Lamar Adams. The...

Doctor Pleads Guilty to Unlawful Distribution of Controlled Substances and Health Care Fraud

A Hazard to Himself and All Those around Him Michael Bummer, 39, a resident of Sewickley, Pennsylvania, pleaded guilty in federal court to charges of...

SamSam Ransomware Paralyzes Atlanta and City Officials are Stunned

Ransomware Note and Digital Disruption “Ransomware is unique among cybercrime because in order for the attack to be successful, it requires the victim to become...

What are the Best Credit Card Options for College Students?

A new CNBC report provides insight into some of the top credit cards options for college students in America. An Overview of the Best Credit...

Electronic Transaction Clearing Reached $80,000 Settlement

Electronic Transaction Clearing has agreed to settle charges ordered by SEC, with information released on Monday, March 19. ETC was charged with illegally placing...

Must Read

U.S. DOJ Investigating Child Sexual Abuse by Catholic Priests in Pennsylvania

The U.S. Department of Justice (DOJ) reportedly launched an investigation into the allegations of child sexual abuse by Roman Catholic priests in Pennsylvania. On Thursday,...