fraud scheme

Virginia News: ALEXANDRIA, Brian Thomas Reynolds, Convicted Felon Arrested for Fraud Scheme Involving Local Newspaper

ALEXANDRIA, Va. – A previously convicted felon was arrested last night on charges related to defrauding investors of a local newspaper, unlawful possession of firearms by a previously convicted felon, and making false statements to the FBI. According to allegations in the indictments, Brian Thomas Reynolds, 52, of Leesburg, defrauded both investors and lenders to … Continue reading Virginia News: ALEXANDRIA, Brian Thomas Reynolds, Convicted Felon Arrested for Fraud Scheme Involving Local Newspaper

Florida News: Broward County Resident, Thomas Michael White Sentenced to 14 Years in Prison for Leading a $2 Million Dollar Securities Fraud Scheme that Targeted the Elderly

Parkland, Florida – Yesterday, Thomas Michael White, 60, of Parkland, Florida was sentenced to 14 years in prison for leading a multi-year conspiracy that robbed over a dozen senior citizens of their retirement money. Ariana Fajardo Orshan, U.S. Attorney for the Southern District of Florida, George L. Piro, Special Agent in Charge, Federal Bureau of … Continue reading Florida News: Broward County Resident, Thomas Michael White Sentenced to 14 Years in Prison for Leading a $2 Million Dollar Securities Fraud Scheme that Targeted the Elderly

Massachusetts News: New York Man, Randall Crater Charged with Cryptocurrency Fraud Scheme

BOSTON, Ms. – The founder of My Big Coin Pay Inc., a purported cryptocurrency and virtual payment services company headquartered in Las Vegas, Nev., was arrested and charged today for his participation in a scheme to defraud investors by marketing and selling fraudulent virtual currency. Randall Crater, 48, of East Hampton, N.Y., was charged with … Continue reading Massachusetts News: New York Man, Randall Crater Charged with Cryptocurrency Fraud Scheme

New Jersey News: Passaic County Man, Mehdi Kassai Admits Role In $6 Million Fraud Scheme

NEWARK, N.J. – A Hawthorne, New Jersey, man today admitted his role in a scheme to defraud financial institutions and others of more than $6 million, U.S. Attorney Craig Carpenito announced. Mehdi Kassai, also known as “Mike Kassai,” 36, pleaded guilty before U.S. District Judge William J. Martini in Newark federal court to an information … Continue reading New Jersey News: Passaic County Man, Mehdi Kassai Admits Role In $6 Million Fraud Scheme

Connecticut News: DIANE DALMY, Attorney Who Hid Money to Avoid Paying Restitution to Fraud Scheme Victims Receives 2 More Years in Prison

Connecticut – John H. Durham, United States Attorney for the District of Connecticut, announced that DIANE DALMY, 63, of Denver, Colorado, was resentenced today by U.S. District Judge Jeffrey A. Meyer in New Haven to 60 months of imprisonment, followed by three years of supervised release, for her role in a securities fraud scheme, and … Continue reading Connecticut News: DIANE DALMY, Attorney Who Hid Money to Avoid Paying Restitution to Fraud Scheme Victims Receives 2 More Years in Prison

Maryland News: Greenbelt, Fraudsters Sentenced to Federal Prison and Ordered to Pay Restitution of More Than $491,000 after a Jury Convicted Them of Federal Charges Related to Foreclosure Prevention Fraud Scheme

Greenbelt, Maryland – On December 3, 2018, U.S. District Judge Roger W. Titus sentenced Michelle Sylethia Jordan, a/k/a Michelle Harris and Michelle Welsh, age 49; and her husband, Michael Paul Anthony Welsh, a/k/a Michael A. Welsh and Michael Paul S. Welsh, age 45, both of Laurel, Maryland, to 57 months and 46 months in federal … Continue reading Maryland News: Greenbelt, Fraudsters Sentenced to Federal Prison and Ordered to Pay Restitution of More Than $491,000 after a Jury Convicted Them of Federal Charges Related to Foreclosure Prevention Fraud Scheme

Pennsylvania News: Pittsburgh Resident, U-Majesty Williams Sentenced to 3+ Years in Prison for Fraud Scheme

PITTSBURGH, Pa. – A resident of Pittsburgh, Pennsylvania, has been sentenced in federal court to three years and three months in prison, followed by three years supervised release, and was ordered to pay $16,000 in restitution after being convicted on wire fraud and aggravated identity theft charges, United States Attorney Scott W. Brady announced today. … Continue reading Pennsylvania News: Pittsburgh Resident, U-Majesty Williams Sentenced to 3+ Years in Prison for Fraud Scheme

New York News: 9 Defendants Charged In Manhattan Federal Court With Massive Tax And Identity Fraud Scheme

Co-Conspirators Used the Stolen Identities of Children to Assist Their Clients to Fraudulently Claim Refunds Totalling Tens of Millions of Dollars New York – Geoffrey S. Berman, the United States Attorney for the Southern District of New York, and James D. Robnett, Special Agent in Charge, Internal Revenue Service-Criminal Investigations (“IRS-CI”), announced charges today against … Continue reading New York News: 9 Defendants Charged In Manhattan Federal Court With Massive Tax And Identity Fraud Scheme

Pennsylvania News: Cambria County Investment Advisor, Douglas P. Simanski Pleads Guilty in $4.5M Fraud Scheme

JOHNSTOWN, Pa. – A resident of Lilly, Pa., pleaded guilty in federal court to charges of securities fraud, wire fraud, and filing false income tax returns, United States Attorney Scott W. Brady announced today. Douglas P. Simanski, 53, pleaded guilty to five counts before United States District Judge Kim R. Gibson. In connection with the … Continue reading Pennsylvania News: Cambria County Investment Advisor, Douglas P. Simanski Pleads Guilty in $4.5M Fraud Scheme

Pennsylvania News: Investment Adviser Sentenced to 100 Months in Prison for Stealing Investors’ Money While on Pre-Trial Release for Another Fraud Scheme

Defendant Misappropriated Over $1.1 Million of Investor Funds to Buy a Luxury Car, Renovate His Home and Pay His Defense Counsel in a Related Criminal Case Pennsylvania – Earlier today, Louis F. Petrossi, the founder and president of the Wealth Research Institute, a purported investment research firm, was sentenced by United States Chief District Judge … Continue reading Pennsylvania News: Investment Adviser Sentenced to 100 Months in Prison for Stealing Investors’ Money While on Pre-Trial Release for Another Fraud Scheme

Tennessee News: GREENEVILLE, Four Men and Seven Companies Indicted for Billion-Dollar Telemedicine Fraud Conspiracy, Telemedicine Company and CEO Plead Guilty in Two Fraud Schemes

GREENEVILLE, Tenn.– On October 12, 2018, the District Court for the Eastern District of Tennessee unsealed a 32-count indictment charging four individuals and seven companies in a $1 billion health care fraud scheme. The court also unsealed an additional two plea agreements and an information charging another individual and his company for their role in … Continue reading Tennessee News: GREENEVILLE, Four Men and Seven Companies Indicted for Billion-Dollar Telemedicine Fraud Conspiracy, Telemedicine Company and CEO Plead Guilty in Two Fraud Schemes

Oregon News: Clark County Man, Isaac Benjamin Voss Sentenced to 37 Months in Prison for Fraud Scheme Involving False Clean Energy Company

PORTLAND, Ore. – Isaac Benjamin Voss, 41, of Clark County, Washington, was sentenced today to 37 months in prison and three years’ supervised release for defrauding domestic and foreign investors who believed they were investing in a viable clean energy company. According to court documents, in 2007, Voss made a deal with a Canadian scientist … Continue reading Oregon News: Clark County Man, Isaac Benjamin Voss Sentenced to 37 Months in Prison for Fraud Scheme Involving False Clean Energy Company

Virginia News: Former Insurance Agent, Semyya Cunningham Sentenced to Prison for Fraud Scheme

ALEXANDRIA, Va. – An Ashburn woman was sentenced today to two years in prison for engaging in a fraud scheme that resulted in an attempted loss of approximately $182,000. Semyya Cunningham, 41, was convicted by a federal jury on February 1. According to court records and evidence presented at trial, Cunningham was an agent and … Continue reading Virginia News: Former Insurance Agent, Semyya Cunningham Sentenced to Prison for Fraud Scheme

Connecticut News: Illinois Man, RICHARD M. LACH Admits to Perpetrating Identity Theft and Unemployment Benefits Fraud Scheme

Connecticut – John H. Durham, United States Attorney for the District of Connecticut, today announced that RICHARD M. LACH, 32, of Richton Park, Illinois, pleaded guilty yesterday in New Haven federal court to wire fraud and aggravated identity theft in connection with a scheme to defraud state unemployment insurance programs in Connecticut and 37 other … Continue reading Connecticut News: Illinois Man, RICHARD M. LACH Admits to Perpetrating Identity Theft and Unemployment Benefits Fraud Scheme

North Carolina News: New York Man, Rudolph Carryl Is Indicted For Scamming North Carolina Victims In Investment Fraud Scheme While He Was Being Prosecuted For Similar Scam In Another State

CHARLOTTE, N.C. – U.S. Attorney Andrew Murray announced today that Rudolph Carryl, 67, of Oyster Bay, N.Y., has been indicted by a federal grand jury on charges of securities fraud, wire fraud, and money laundering. The federal indictment was filed under seal on August 22, 2018, and was unsealed yesterday after Carryl’s initial appearance in … Continue reading North Carolina News: New York Man, Rudolph Carryl Is Indicted For Scamming North Carolina Victims In Investment Fraud Scheme While He Was Being Prosecuted For Similar Scam In Another State

South Carolina News: Greenville Man, Calvert J. Drummond Sentenced to 46 Months for $700,000 Fraud Scheme

Columbia, South Carolina – United States Attorney Sherri A. Lydon stated today that Calvert J. Drummond, Jr., age 35, of Greenville, was sentenced to 46 months’ imprisonment in federal court in Anderson related to a conspiracy to commit wire fraud, a violation of Title 18, United States Code, Section 1349. United States District Judge Timothy … Continue reading South Carolina News: Greenville Man, Calvert J. Drummond Sentenced to 46 Months for $700,000 Fraud Scheme

CFTC News: CFTC Charges Futures Broker, Christian Robert Mayer, with Engaging in Fraudulent Trade Allocation Scheme

WASHINGTON, DC – The Commodity Futures Trading Commission (CFTC) yesterday issued an Order filing and simultaneously settling charges against Christian Robert Mayer of Eden Prairie, Minnesota, for engaging in a fraudulent trading scheme involving unauthorized trades in cattle, crude oil and wheat futures contracts.  The CFTC Order requires Mayer to pay a $100,000 civil monetary … Continue reading CFTC News: CFTC Charges Futures Broker, Christian Robert Mayer, with Engaging in Fraudulent Trade Allocation Scheme

Brooklyn News: Two Defendants Convicted on All Counts for International Computer Hacking and Securities Fraud Scheme

Defendants Were Part of a Scheme that Made $30 Million in Profits by Trading on Press Releases Stolen by Hackers from Major Newswire Companies Brooklyn – Vitaly Korchevsky, a former hedge fund manager, and Vladislav Khalupsky, a securities trader, were convicted today in federal court in Brooklyn of conspiracy to commit wire fraud, conspiracy to commit … Continue reading Brooklyn News: Two Defendants Convicted on All Counts for International Computer Hacking and Securities Fraud Scheme

Connecticut News: Meriden, DIGBY KERR, Owner of Meriden Transportation Broker Firm Sentenced to Prison for $600,000 Fraud Scheme

Meriden, CT – John H. Durham, United States Attorney for the District of Connecticut, announced that DIGBY KERR, 50, of Meriden, was sentenced today by U.S. District Judge Jeffrey A. Meyer in New Haven to 12 months and one day of imprisonment, followed by three years of supervised release, for defrauding four manufacturing companies of more than … Continue reading Connecticut News: Meriden, DIGBY KERR, Owner of Meriden Transportation Broker Firm Sentenced to Prison for $600,000 Fraud Scheme

New York News: Former Mobile Phone Industry Manager Sentenced In Manhattan Federal Court To 30 Months In Prison

NEW YORK, NY – Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced that CHRISTOPHER GOFF was sentenced Friday, May 18th to 30 months in prison for his participation in a fraudulent scheme to charge mobile phone customers millions of dollars in monthly fees for unsolicited, recurring text messages … Continue reading New York News: Former Mobile Phone Industry Manager Sentenced In Manhattan Federal Court To 30 Months In Prison

Wholesale Jewelry Distributor, Gerald Kent Sentenced in Multi-Million Dollar Fraud Scheme

PROVIDENCE, RI – A Rhode Island jewelry distributor who admitted to orchestrating a long-running fraud scheme that defrauded a debtor finance company of more than $3.6 million dollars was sentenced on Monday to 48 months in federal prison. Gerald Kent, 52, of Groton, CT, owner and operator of Kent Jewelry, formerly located in Johnston, RI, … Continue reading Wholesale Jewelry Distributor, Gerald Kent Sentenced in Multi-Million Dollar Fraud Scheme

Ex-polygamous sect leader gets nearly 5 years in fraud case

SALT LAKE CITY/December 13, 2017 (AP)(STL.NEWS) — A former polygamous sect leader was sentenced Wednesday to nearly five years in prison for his role in carrying out an elaborate food stamp fraud scheme and for escaping home confinement while awaiting trial. U.S. District Judge Ted Stewart said during a hearing in Salt Lake City that Lyle … Continue reading Ex-polygamous sect leader gets nearly 5 years in fraud case