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Thursday, May 24, 2018

Phony Debt Relief Scammers Pay $35 Million in Consumer Redress

Phony Debt Relief Operation Three mastermind scam artists, Jeremy Marcus, Craig Smith, and Yisbet Segrea ran an extensive phony debt relief operation. The Federal Trade...

Prison Sentencing for $100 Million Compounding Pharmacy Fraud Scheme Grows

Half-a-Dozen Co-Conspirators Previously Sentenced in Compounding Scheme Nicholas A. Borgesano Jr., the owner of a New Port Richey,Florida pharmacy receives a fifteen year prison sentence...

FTC Banned Multiple Debt Collection Agencies In Settlement Reached

The Federal Trade Commission has reached a settlement on Monday, March 20, 2018 in regards to debt collection agencies 4 Star Resolution LLC, Profile...

New Jersey Investment Adviser Fraud Scheme

Fraud and Identity Theft Scott Newsholme of Farmingdale, New Jersey, plead guilty in federal court to wire fraud, aggravated identity theft, and preparing fraudulent tax...

Michael Avenatti Comes Under Fire for Business Dealings and Leak of Cohen Bank Records

Over the past week, Michael Avenatti, the high profile attorney of adult film actress Stormy Daniels, has found himself and his business dealings thrust...

Eighteen Fraudsters Headed To Prison In Bank Card Scheme

Epic Bank Card Scheme Tirrell Perry Thomas, the Michigan leader of a scheme to defraud Bank of America, receives an eight and a half year...

Another Centra Tech Co-Founder Charged in Fraudulent ICO Scheme

Centra Tech and Fraudulent ICO Scheme The Securities and Exchange Commission publicizes additional fraud charges stemming from Centra Tech’s bogus $32 million fraudulent ICO scheme....

Financial Advisers Seem to be a Magnet for Federal Fraud and Money Laundering Charges

Financial Advisers and Money Laundering Li Lin Hsu, 40, a financial adviser for Ameriprise Financial, finds herself in the crosshairs of the FBI and U.S....

FTC Funeral Homes Undercover Inspections Reveal Failures to Disclose Pricing Information

Funeral Homes Failures to Disclose Pricing Information Federal Trade Commission investigators, working undercover in 11 states, uncover failures to disclose pricing information within numerous funeral...

Bitcoin Falls below $8,000 as Investors Worry about Regulatory Crackdown

Bitcoin and other cryptocurrencies suffered a steep decline as investors continue to worry about regulatory crackdown worldwide. The price of bitcoin plummeted as low as...

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