New York City, NY

Guo Wengui, also known as Miles Guo, was convicted of a billion-dollar fraud by U.S. prosecutors in New York. Guo has been an associate of fromer Trump strategist Steve Bannon, who was arrested on Guo's yacht in 2020. Exiled Chinese businessman Guo Wengui, who also uses the alias Miles Guo,...

Steve Bannon-Linked Chinese Businessman Found Guilty in Fraud Scheme

Los Angeles, CA

The United States Securities and Exchange Commission (SEC) has hit the founder of decentralized social network BitClout with fraud charges, alleging that he lied to investors and used their cash to fund a lavish lifestyle. In a separate indictment, the U.S. Department of Justice simultaneously hit Nader Al-Naji, with one...

BitClout Founder Charged With Fraud by SEC and Justice Department

California State

In the Central District of California, a federal grand jury returned an indictment charging a habitual short seller in a $16m market manipulation scheme. Andrew Left, formerly of Beverly Hills, California, and now Boca Raton, Florida, is at the charge’s core. According to court documents, Left ran the Citron Research (Citron) business channels via a website and social media. He did so as an analyst and suggested possible options for prospective investors.

California grand jury charges short seller in $16m fraud scheme

Fox Business

The Department of Justice charged short seller Andrew Left with multiple counts of securities fraud for a $16 million stock market manipulation scheme.

US prosecutors charge famed short seller Andrew Left with fraud

Patrick McDonagh and Matthew McDonagh are accused of defrauding $435,000 from a US pensioner.

Brothers charged after FBI uncovers $435k fraud

NBC News

Two women have been charged in yearslong “romance schemes” to dupe a number of elderly men out of more than $7 million, Manhattan federal prosecutors said in a court filing. The women, identified as Rosanna Lisa Stanley and Gina Guy, defrauded at least 16 victims out of millions...

2 women charged in 'romance schemes' to defraud elderly men out of $7 million, feds say

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Manhattan, NY

Two women have been charged in a romance scam that defrauded at least 16 elderly men out of over $7 million, according to federal prosecutors in Manhattan. Rosanna Lisa Stanley and Gina Guy allegedly lured their victims with fabricated stories and false promises, leading to their arrests last month. Elaborate...

Manhattan: Two women charged in $7 million romance scam targeting elderly men

Arizona State

Phoenix, AZ

The Independent

A wealthy power couple from Arizona found themselves in handcuffs just months after getting married, for their role in a $900 million Medicare fraud scheme, according to the Department of Justice. Alexandra “Lexie” Gehrke, 38, and Jeffrey King, 49, were preparing to depart for their honeymoon at the Phoenix Sky Harbor International Airport last month when federal prosecutors arrested them on charges of conspiracy, health care fraud, receiving kickbacks and money laundering in connection to a years-long scheme.The government claims Gehrke and King targeted “elderly Medicare patients, many of whom were terminally ill in hospice care” to get “medically unnecessary”...

Medical entrepreneur and her DJ husband arrested over $900m healthcare fraud scheme

A wealthy couple from Arizona, Alexandra “Lexie” Gehrke, 38, and Jeffrey King, 49, found themselves in handcuffs just months after their wedding, implicated in a $900 million Medicare fraud scheme, according to the Department of Justice. Charges. Gehrke and King were preparing to depart for their honeymoon at...

Arizona: Power couple arrested in $900 million Medicare fraud scheme

Los Angeles Times

The U.S. Department of Justice announced a civil forfeiture settlement against the 11-bedroom, 27-bathroom French chateau-style mansion

Feds seize huge L.A. mansion they say was bought with bribes

Tennessee State

Las Vegas, NV

A man from North Carolina has been arrested in Las Vegas after trying to defraud a casino using a fraudulent check. The man, according to the Las Vegas Review-Journal, used a check with an original value of $174.80 to claim $865,000 in chips. Nadendla Presented a Fraudulent Check. Dharma Nadendla,...

NC Man Arrested in Vegas for Gambling with Fraudulent Check

North Carolina State

Fort Bragg, NC

Military Times

Christopher Hammond was ordered to pay $500,000 in restitution and forfeiture for selling stolen equipment meant for his unit.

Army warrant officer sentenced for selling $2 million in stolen gear

Miami, FL

Don’t syndicate with New Beginning Global Funding LLC, New Beginning Capital Funding LLC, and Lion Heart Capital Group L.L.C. That’s because these entities were just named in a federal plea agreement as belonging to Johanna Garcia, a now-convicted ponzi schemer currently serving time in Miami’s federal detention center. Readers might remember her as being the mastermind behind a fake MCA company known as MJ Capital Funding. Garcia raked in more than $190 million as part of a fake syndication/investment scheme from thousands of duped investors. The SEC shut the company down in 2021 and she was charged criminally last year.

Ponzi Schemer Continued to Run Ponzi Scheme From Prison Phone

UPI News

The United States has sentenced a Nigerian national to more than seven years in federal prison for his role in an international inheritance scheme that defrauded hundreds of elderly victims.

U.S. sentences Nigerian national for international scheme to defraud elderly victims

Savannah, GA

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

Florida State

New York Post

Rapper Sean Kingston and his mother made their first appearance in Florida federal court Friday after being indicted for wire fraud in a phony scheme to buy more than $1 million worth of luxury items.

Kingston, 34, whose real name is Kisean Anderson, and his mom, Janice Turner, 61, were indicted by a grand jury on July 11 on one count of conspiracy to commit wire fraud and five counts of wire fraud, according to the U.S. Attorney’s Office for the Southern District of Florida. 

Each count carries a maximum sentence of 20 years in prison.



The “Beautiful Girls” singer and his...

Rapper Sean Kingston and mom indicted in $1M fraud scheme, face decades in prison

Law & Crime

Pahrump Justice Court Judge Michele Fiore was suspended from her duties after being indicted for allegedly defrauding a charity for slain cops.
The post ‘Lady Trump’ judge suspended with pay following indictment for allegedly defrauding slain officer charity first appeared on Law & Crime.

'Lady Trump' judge suspended with pay following indictment for allegedly defrauding slain officer charity

J. Souza

According to cruise industry reports, the world's largest cruise ship is sailing well above 100% capacity, thanks to more beds being filled on recent sailings. Royal Caribbean’s newest flagship, the Icon of the Seas, is proving to be an unprecedented success, with occupancy rates far exceeding expectations.

The Largest Cruise Ship in the World is Sailing at 132% Capacity: How This is Even Possible

NewsBreak

BitClout Founder Charged With Wire Fraud, Civil Securities Charge

The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale...

BitClout Founder Charged With Wire Fraud, Civil Securities Charge

Comments / 0