Saturday, September 18, 2021

Fraud

City treasurer was victim of a ‘whaling’ scam, transferred $100K to phony supplier

The City of Ottawa’s treasurer was duped in an email scam, unknowingly transferring nearly US$100,000 to a phoney supplier, councillors heard Monday. Auditor general Ken Hughes and his audit staff revealed the results of a fraud investigation, laying out the...

Test-taking whiz in college admissions scam pleads guilty

Test-taking whiz Mark Riddell, 36 of Florida pleaded guilty Friday to acing the ACT and SAT exams in exchange for money in the ongoing college admission scam case. Riddell, who has been cooperating with authorities since February in the hopes...

Danske Bank auditor EY reported to fraud squad over 2014 report

Accountant EY's audit of scandal-hit Danske Bank came under scrutiny on Friday as Danish authorities asked the state prosecutor for financial fraud to investigate the matter. Danske Bank is under investigation in the United States, Denmark, Estonia, France and Britain...

Michael Bonds, former MPS board president, accused of taking kickbacks from charter school execs

Michael Bonds, former president of the Milwaukee Public Schools board of directors, was charged in federal court in Philadelphia on Thursday in an alleged bribery scheme involving a company that operated several charter schools, including three in Milwaukee. Bonds is accused of conspiracy...

Former state senator, Jeremy Hutchinson indicted on bribery, fraud charges

A federal grand jury has indicted former state Sen. Jeremy Hutchinson on 12 counts of conspiracy, bribery and fraud related to his work for Missouri-based health care nonprofit. Hutchinson, an attorney, resigned his state Senate seat last year when a...

Actress Felicity Huffman and other parents agree to plead guilty in college admissions scandal

Felicity Huffman and a dozen other wealthy parents swept up in the far-reaching college admissions scandal have agreed to plead guilty after being charged in the scheme, according to court records. The actress and 12 other parents, including Los Angeles marketing...

South Florida businessman convicted in $1.3 billion Medicare and Medicaid scheme

The owner of a health care facility in South Florida, previously accused of bribing a coach to get his son into the University of Pennsylvania, has been convicted of conspiring to defraud the U.S. in a case that led to...

Florida Pharmacist Convicted in $100M Pharmacy Fraud Scheme

A Florida pharmacist was sentenced last month to 120 months in prison followed by three years supervised release for his role in a massive compounding pharmacy fraud scheme, which impacted private insurance companies, Medicare and TRICARE, according to a...

Former Barclays traders jailed for rigging Euribor rate

Two former Barclays bankers have been sentenced to nine years in jail for attempting to rig a key financial lending rate at the height of the financial crisis. Carlo Palombo, a 40-year-old former trader, and ex-managing director Colin Bermingham, 62,...

Nigeria: Court to decide fate of ex-President, Jonathan’s cousin in alleged $40m fraud on May 27

A Federal High Court in Abuja has scheduled judgment for May 27 in the trial Robert Azibaola, said to be a cousin to former President Goodluck Jonathan, on charges of money laundering. Justice Nnamdi Dimgba chose the date on...

Latest News

Kenyan court sentenced former sports minister to six years for corruption

A Kenyan court on Thursday sentenced a former sports minister to six years in prison after finding him guilty...