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Wednesday, August 15, 2018

Fake Debt Brokers and Collectors Sued by FTC and New York Attorney General

Consumers Duped Into Paying Fake Debt The Federal Trade Commission and the New York attorney general’s office are suing two New York operations and their...

Dallas Man Pinched by Feds at Los Angeles International Airport on $62.6 Million Investment...

“Black Gold” and a Sophisticated Fraud Scheme Special agents from the Internal Revenue Service-Criminal Division (IRS-CI) and Federal Bureau of Investigation (FBI) arrested Christopher Faulkner...

Florida Man Rips-Off Local Investor In Bogus Investment Scheme

Trash Collector to Financial Adviser Timothy Herman of Lake Mary, Florida, finds himself the subject of a federal grand jury indictment. Herman is a self-purported...

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...

Another Investment Fraud Scheme and Failure to File Federal Tax Returns

Investment Fraud Scheme William Bischoff, of York, Maine, receives a 48 month prison sentence. The sentence is punishment for operating a multi-million dollar investment fraud...

Biopharmaceutical Executive Receives Prison Sentence For Insider Trading

The Biopharma Hustle and Insider Trading Robert Gadimian, of Burbank, California receives a prison sentence to twenty-seven months in prison, two years of supervised release...

Securities and Exchange Commission Halts $102 Million Ponzi Scheme

Unprecedented Ponzi Scheme The Securities and Exchange Commission files charges and obtains an asset freeze against numerous individuals and their companies. The scam artists are...

Phony Invoices From Staffing Company Defrauds Lending Company Of More Than $400,000

Phony Invoices Lead To Arrest Jeremy Hare, of Philadelphia, is the president and managing partner of the staffing agency, Apollo Search Partners LLC. Recently, Hare...

Merrill Lynch Acknowledges Misleading Customers about Trading Venues

Misleading Customers The Securities and Exchange Commission charges Merrill Lynch, Pierce, Fenner & Smith with misleading customers about how it handles their orders. Merrill Lynch...

California Man and Bakersfield Cops Team Up to Sell Methamphetamine and Marijuana

Bakersfield Cops and Civilian Accomplice Analogous to a Hollywood movie, a California man joins forces with two Bakersfield cops. The problem, however, is that the...

Must Read

Pennsylvania Grand Jury Report will Detail Sexual Abuse by Hundreds of...

The grand jury report detailing alleged sexual abuse by more than 300 Catholic priests in six dioceses in Pennsylvania is set to be released...