Thursday, December 9, 2021

Fraud

US State Department Contracting Officer Convicted of Bribery and Fraud

A contracting officer with the U.S. Department of State was convicted of conspiracy, bribery, honest services wire fraud and making false statements. Assistant Attorney General Brian A. Benczkowski of the Justice Department’s Criminal Division, U.S. Attorney G. Zachary Terwilliger of...

Business Email Compromise attacks still on the rise – Report

The latest Email Security Risk Assessment (ESRA) from Mimecast (MIME) has found that there is a significant increase in Business Email Compromise (BEC) attacks. Moreover, emails containing dangerous file types, malware attachments, and spam being delivered to users’ inboxes from incumbent email...

Former Choctaw official, wife charged with wire fraud, money laundering conspiracy

A former member of the Tribal Council for the Mississippi Band of Choctaw Indians and his wife have been arraigned on a Superseding Indictment for theft/embezzlement, wire fraud, money laundering conspiracy, and false statements to a bank, in separate...

Former KPMG partner admits theft of confidential information in PCAOB cheating scandal

A former KPMG partner and co-leader of the firm's banking and capital markets group admitted stealing and using confidential information so KPMG could improve the outcome of PCAOB inspections. David Britt, 56, pleaded guilty in federal court in New York...

Former Barclays executives face fraud trial over 2008 Qatar rescue

Three former top Barclays executives are due in court on Monday charged with fraud linked to how the bank raised billions of pounds from Qatar in 2008. The Serious Fraud Office (SFO) case centres on alleged undisclosed payments to Qatar...

Owner of addiction treatment center and others plead guilty in $48 million Medicaid fraud case

The owner of a now-defunct for-profit addiction treatment company pleaded guilty Friday to federal charges, following a week where his five co-defendants also admitted to charges in a scheme prosecutors said led to $48 million in fraudulent billing of...

Nursing home administrator indicted for fraud and embezzlement

Thursday, a four-count information was filed in U.S. District Court charging a former Oak Landing Assisted Living Facility employee with embezzling money and assets from a former resident at Oak Landing, announced U.S. Attorney Jay E. Town, Special Agent...

LaVar Ball accused of embezzling over $2.5 million

Big Baller Brand co-founder Alan Foster countersued LaVar Ball for fraudulent concealment and breach of contract, accusing him of embezzling millions of dollars from the company, according to The Blast. Per the report, Foster has accused LaVar of embezzling more than...

Alleged ringleader of $400K GoFundMe scam faces federal charges

A man already charged in state court with scamming donors out of more than $400,000 with a fake feel-good story about a homeless veteran is facing federal charges. The U.S attorney’s office charged Mark D'Amico on Thursday with wire fraud conspiracy and...

Nigeria: EFCC arraigns ex-adviser to president Buhari for alleged $1.9 million fraud

The Economic and Financial Crimes Commission has arraigned a former Special Adviser on Niger Delta matters to President Muhammadu Buhari for alleged fraud to the tune of N974m and diversion of $1.9m. The defendant, Brig.Gen Paul Boroh (retd.), was arraigned...

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Former Malaysian Prime Minister Loses Appeal of 1MDB Conviction

A Malaysian court on Wednesday upheld former premier Najib Razak's conviction on corruption charges over a multi-billion dollar scandal...