Chardon, OH

LOS ANGELES, California — A federal grand jury has indicted six individuals for their roles in a years-long scheme to steal millions of dollars from American consumers’ bank accounts, the Justice Department announced today. According to court documents, Henry LoConti, 63, of Chardon, Ohio; John Flynn, 43, of...

Federal grand jury indicts six in multi-million dollar bank fraud scheme

Charleston, WV

The Independent

A TikTok-famous real estate flipper whose videos have racked up more than 3 million views is now facing federal charges over accusations he sold unwitting clients wildly lucrative “investment opportunities” in properties he never actually owned.“Everyone wants to make more f*****g money,” Teddy Miller, the self-proclaimed “Wolf of West Virginia,” says in one recent clip. “And you should want to make more f*****g money. Because life’s too short to be a fucking p***y.”“Always remember, you can’t make money if you’re a fucking p***y,” Miller says in another.In a third, Miller, whose TikTok handle is “@howtomakecrazymoney,” tells viewers that keeping “big...

TikTok influencer who peddles riches through real estate is arrested on wire fraud charges

Kansas State

A former CEO of the defunct Kansas Heartland Tri-State Bank has been sentenced to more than 24 years in prison for embezzling funds via crypto and ultimately sinking the bank. The actions of Shan Hanes subsequently led the bank to fail at a “complete loss of equity for investors,” according to a Monday statement from the U.S. Attorney’s Office for the District of Kansas.

Ex-CEO Who Caused His Bank To Fail After Falling For Crypto Scam Gets 24 Years in Prison

Georgia State

The US government has charged a member of a Russian ransomware group known as Karakurt, as reported earlier by BleepingComputer. In a press release on Tuesday, the Department of Justice claims 33-year-old Deniss Zolotarjovs of Moscow, Russia, conspired to commit money laundering, wire fraud, and extortion. As outlined in the...

Feds charge alleged negotiator for Russian ransomware group

Boston, MA

Irish Star

Schuyler Oppenheimer, who allegedly used the alias "Michael Sylvain" when dealing with his Chinese suppliers, was arrested and charged in a federal Boston court

Massachusetts 'meth and fentanyl kingpin' in Boston court for massive drug operation and PPP loan fraud

Texas State

No further specifics were given, but these schemes typically involve fraudsters tricking employees at a company — often in finance or with access to the executive suite — into initiating a bank transfer of company funds to a bank account controlled by the fraudsters. These schemes can involve the hacking of email accounts used by executives to send fraudulent instructions to staff on their behalf, or even use deepfakes in efforts to trick unsuspecting employees into transferring funds.

Texas firm says it lost $60M in a bank wire transfer scam

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

Missouri State

DoYouRemember?

A woman named Lisa Jeanine Findley is at risk of spending 20 years in prison for identity theft and fraud after her attempt at scamming the Presley household over their Graceland property. The Missouri-based woman is now facing federal charges for posing as three different people to get millions of dollars and ownership interest in the estate.

The Woman Behind Fraudulent Graceland Estate Scheme Has Been Arrested

Elkhart, KS

NBC News

The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent to cryptocurrency wallets controlled by scammers who had duped him in a “pig butchering” scheme that appealed to his greed, federal prosecutors said.

Cryptocurrency 'pig butchering' scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

Earlier this year, attorneys started to try to get a class action certified against the carrier. Now, the United States has initiated a civil lawsuit under the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) against Allstate company National General Holdings Corp. and its subsidiaries, including National General Insurance Company, National General Lender Services Inc., and Newport Management Corporation.

Allstate subsidiary hit by Feds over alleged insurance fraud

New York City, NY

The Associated Press

Former U.S. Rep. George Santos is expected to plead guilty to multiple counts in his federal fraud case, according to a person familiar with the matter. Santos, a Republican from New York, is expected to enter the plea at a court hearing planned for Monday on Long Island, the person said.

Ex-Rep. George Santos expected to plead guilty to multiple counts in fraud case, AP source says

Central Islip, NY

CENTRAL ISLIP, N.Y. (AP) — George Santos, who spun lies about his life into an 11-month stint in Congress, pleaded guilty Monday to wire fraud and aggravated identity theft in a case that led to his expulsion from office and the admission that he’d allowed ambition to cloud his judgment.

Former U.S. Rep George Santos Pleads Guilty To Wire Fraud And Identity Theft

Los Angeles County, CA

WEKU

Prosecutors say the ex-law enforcement and military officers took part in a wild scheme, funded by a Chinese national, to trick a man into signing away his rights in a business worth millions.

4 ex-law enforcement officers charged in $37 million extortion scheme

Washington, DC

Fox News

U.S. Department of Justice released the reason why Washington, D.C., councilman Trayon White Sr. was arrested on Monday after word had gotten out the day prior.

DC councilman stuffed pockets with envelopes of cash in alleged bribery scheme, feds allege

Louisiana State

Baton Rouge, LA

iHeartRadio

Prosecutors added another charge after the troubled artist made a plea in a separate case

NBA YoungBoy Hit With New Federal Gun Charge In Drug Fraud Case

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

Three real estate investors have pleaded guilty to defrauding lenders out of more than $119 million in a multifamily mortgage fraud scheme. Fredrick Schulman, 72, of New York, Chaim "Eli" Puretz, 29, of New Jersey, and Moshe "Mark" Silber, 34, of New York, have all pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution.

Three realtors plead guilty in multifamily mortgage fraud ring

Seattle, WA

FXDailyReport.com

Bill Hughes, the legal counsel of Consensys, has recently revealed a collective suit against CZ (the former CEO of Binance) and Binance. As per Bill Hughes, a class action lawsuit has been submitted against CZ and Binance by class plaintiffs in a federal court in Seattle, accusing the crypto exchange of assisting in laundering stolen funds. The Consensys legal counsel took to his official social media account to provide the details about this lawsuit.

Binance, CZ Get Trapped in Class Action Lawsuit

United States prosecutors have claimed victories in two separate cases involving crypto pig butchering this week. Funds were recovered in one, and a former bank boss was jailed in another. On Aug. 22, the US District Attorney’s Office for the Eastern District of North Carolina announced the seizure of nearly...

2 pig butcher busts: Feds recover $5M, ex-Kansas bank CEO jailed

NewsBreak

FBI will use NFTs to contact victims of crypto fraud scheme Clucoin

The Federal Bureau of Investigation is set to use non-fungible tokens (NFTs) to return $1.14 million in funds to victims involved in a crypto fraud scheme...

FBI will use NFTs to contact victims of crypto fraud scheme Clucoin

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