One of two men from Jacksonville arrested and charged with bank fraud and mail theft has pleaded guilty in federal court. >> STREAM ACTION NEWS JAX LIVE
Tag: fraud
Bathroom breaks were banned by Archegos boss accused of fraud, who allegedly ‘yelled’ at staff for stepping away while key stocks were moving
Staff at family office Archegos Capital Management were reportedly “yelled” at by their boss, Sung Kook “Bill” Hwang, for taking bathroom breaks while the firm was allegedly orchestrating market manipulations. Hwang is currently on trial in New York charged with racketeering and fraud offenses related to a $36 billion “house of cards” market manipulation scheme. […]
2 men sentenced in multi-million Ohio gambling tax fraud case
Two men have been sentenced after being convicted in a multi-million dollar Ohio gambling tax fraud case. >>People express concerns over proposed annexation in Huber Heights Christos Karasarides Jr. was sentenced to at least 21 years in prison and three years of supervised release. He is ordered to pay back over $5 million in restitution, […]
Former North Alabama doctor and wife plead guilty to healthcare fraud charges
HUNTSVILLE, Ala. (WHNT) — A North Alabama doctor and her wife pleaded guilty to multiple healthcare fraud charges, according to the U.S. Department of Justice. In 2022, Francene Aretha Gayle and her wife, Schara Monique Davis were both charged with conspiracy to commit healthcare fraud and healthcare fraud. MCSO: Man arrested after investigation into car […]
Columbia man guilty of fraud used COVID relief on motorcycle, BMW car, prosecutor says
A Columbia man faces decades in prison after pleading guilty to fraud related to COVID benefits, the U.S. Attorney’s Office said. Michael Eugene Bowers, 51, received nearly half a million dollars from the government after he submitted an Economic Injury Disaster Loans application through the Small Business Administration, the U.S. Attorney’s Office said in a […]
Vietnam tycoon on death row for massive fraud illegally moved money overseas, police say
HANOI (Reuters) – Vietnam real estate tycoon Truong My Lan, sentenced to death in the country’s largest-ever financial fraud case, had illegally transferred money abroad, according to police, with state media on Thursday reporting $4.5 billion had been moved. Police said late on Wednesday an investigation into those transfers and money laundering has been completed, […]
Goshen election fraud case receives first guilty plea
Jun. 6—GOSHEN — Jose Elizalde is the first of Goshen Community School’s candidates to plead guilty to election fraud, stemming from the 2022 school board elections. On May 31, Elkhart County Superior Court 3 published a motion to enter a guilty plea and the plea agreement was filed into the state’s MyCase online case management […]
Tech star Mike Lynch acquitted of fraud in £8.6bn deal with Hewlett Packard
Mike Lynch, once hailed as Britain’s king of technology, has been cleared of charges alleging he orchestrated a fraud and conspiracy leading up to an 11-billion-dollar (£8.64 billion) deal that turned into a costly albatross for Silicon Valley pioneer Hewlett Packard (HP). The not-guilty verdicts reached on Thursday by a federal court jury in San […]
British tech pioneer Mike Lynch acquitted at US fraud trial
By Abhirup Roy and Jody Godoy (Reuters) -Autonomy founder Mike Lynch was acquitted of fraud on Thursday by a jury in San Francisco, a major win for the entrepreneur who has been dogged by legal problems since the disastrous sale of his company to Hewlett-Packard (HP) for $11 billion in 2011. Representatives for Lynch and […]
Phoenix woman arrested amid fraud investigation: Surprise PD
PHOENIX – Police in Surprise announced on June 5 that they arrested a Phoenix man in connection with a series of fraud-related crimes. In a statement, police identified the person arrested as 51-year-old Michelle Lidster. They say Lidster’s arrest came after a search warrant was served at a home in Wittmann. “In January 2024, the […]
Money laundering gang jailed over £1.2m IT fraud
Five people who helped launder the proceeds of a £1.2m computer scam have been jailed. The fraud targeted elderly and vulnerable people, tricking them into paying out thousands of pounds each to fix non-existent IT problems. Between May 2015 and November 2019 the gang transferred £1,289,837 to two brothers based in India, who had been […]
Another Florida resident arrested for alleged Kansas election fraud, AG Kris Kobach says
A second Florida resident has been arrested in connection with alleged election fraud in Johnson County, Kansas. Kansas Attorney General Kris Kobach announced Tuesday that law enforcement in Nebraska arrested Jamie Johnson, a 47-year-old Dade City, Fla., resident, on May 29 on allegations of forging signatures on petitions seeking recognition of the No Labels political […]