Mining Capital Coin (MCC), Founders Sued Over Cryptocurrency Mining Fraud Scheme
The U.S. Securities and Exchange Commission (SEC) filed a complaint against Mining Capital Coin Corp. (MCC) and its founders Luis Carlos Capuci Jr., and...
SEC charges 16 people involve in $194 million “pump-and-dump” stock manipulation scheme
The Securities and Exchange Commission (SEC) filed charges against 16 individuals for their involvement in a global pump-and-dump stock manipulation scheme that generated $194...
SEC Charges Entities Behind A Nearly $450 million Ponzi Scheme
The Securities and Exchange Commission (SEC) filed a lawsuit against individuals and companies responsible for the nearly $50 million Ponzi scheme involving purported personal...
Farmers, Insurance Agents Imprisoned for Defrauding Crop Insurance Programs
More than a dozen tobacco farmers, a warehouse owner, several insurance agents, and adjusters in Kentucky were sent to prison for participating in a...
No-fault Auto Insurance Fraud Scheme Leader Gets 7 Years Prison Sentence
A senior leader of the massive no-fault auto insurance fraud scheme has been sentenced to seven years in prison, according to the U.S. Attorney's...
Fintech Investment Group, Compcoin to pay $1.8 million over fraudulent forex and digital asset...
Fintech Investment Group, Compcoin LLC, and its owner Alan Friedland were ordered to pay a total of $1.8 million for operating a fraudulent foreign...
Easterday Ranches to pay $263 million for engaging in phantom cattle fraud scheme
A federal court ordered Easterday Ranches to pay a total of $263 million restitution and civil monetary penalty for committing a phantom cattle fraud...
“You Shall Not Pass” Lord of the Rings Inspired Cryptocurrency Is Now Banned
A cryptocurrency inspired by the “Lord of the Rings” trilogy was banned on Tuesday. The family and estate author of JRR Tolkien — the...
DC Solar owner Jeff Carpoff to serve 30 years in prison for orchestrating $1...
DC Solar owner Jeff Carpoff will spend 30 years of his life in federal prison for orchestrating a $1 billion Ponzi scheme.
Carpoff committed the...
Radio host William Neil “Doc” Gallagher gets 3 life sentences for Ponzi scheme that...
William Neil "Doc" Gallagher, a Texas Christian radio host and author of the book entitled "Jesus Christ, Money Master, will serve three life prison...
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Feds in Flux: Can AI Be Trusted at Trial? Panel Grapples...
By Samuel A. Lopez, Legal Analyst, USA Herald
April 25, 2024 - The American justice system is facing a new frontier: the growing role...
