Thursday, October 28, 2021

Fraud

Former state assemblyman Terrence Goggin indicted in retail fraud scheme

A federal grand jury indicted a former state assemblyman on multiple counts of wire fraud and money laundering Monday, a Justice Department spokesman said. The indictment, unsealed Monday in U.S. District Court, charges Terrence Goggin, a currently licensed state attorney,...

India: Multi-level marketing gang busted in fraud scheme

The Cyberabad police here Saturday claimed to have cracked a multi-level marketing money circulation fraud of more than Rs 1,200 crore with the arrest of two people. The Economic Offences Wing (EOW) of Cyberabad police seized Rs 200 crore, a...

Nigeria: Akwa Ibom government rejects allegations of marine fraud

Akwa Ibom State government has described as untrue and unfounded report by Managing Director, Rock Marine Services Limited, Mr. Essien Elijah, that officials of the state government obtained N184,235,450.89 under false pretence of concessioning the marine terminal at Oron. In...

Sonoma Valley Bank executives sent to prison for bank fraud

Two former senior executives at Sonoma Valley Bank and an attorney for one of its biggest borrowers were sentenced to prison Friday for their roles in defrauding the bank, costing taxpayers and investors millions of dollars when it collapsed...

Namibia: Companies accused of fraud shipped more than N$4.3 billion out of the country over three years.

A REPORT into Namibia's biggest money laundering and tax evasion scheme found that companies accused of fraud shipped more than N$4,3 billion out of the country over three years. This was among the findings contained in a 21 June 2018...

Contractor pleads guilty to Detroit airport kickback scheme

A contractor has pleaded guilty to paying more than $5 million to a Detroit-area airport official who submitted inflated bills and got a share of the spoils. Prosecutors say William Pritula’s company was hired for road repair and water line...

Former CEO Sentenced to Prison in Kickback Scheme

The former chief executive officer of American Senior Communities in Carmel was sentenced Friday in federal court after a three-year investigation. U.S. Attorney Josh Minkler's office says James Burkhart will serve more than nine years in prison for his role...

Tennessee CEO indicted for $2.5 million Medicare fraud case

The CEO of a Tennessee company that sold knee, wrist and back braces has been federally indicted for allegedly paying more than $1.2 million in bribes to sales representatives who referred her customers, allowing her to bill Medicare for...

Nigeria: Former Minister Abdu Bulama arraigned over fraud charges

The Economic and Financial Crimes Commission (EFCC) Friday arraigned a former Minister of Science and Technology, Dr. Abdu Bulama, before a Federal High Court in Damaturu, the Yobe State capital, on a seven-count charge of criminal conspiracy and money...

10 Chinese-owned vineyards seized over fraud allegations

French financial police have seized 10 wineries in the Bordeaux area which are owned by Chinese conglomerate Haichang over suspicions of tax fraud, a police source told AFP on Friday. Haichang Group, based in the northeastern Chinese port city of...

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Baltimore County Police officer accused of accepting bribes in exchange for handgun licenses

Indicted Tuesday by a federal grand jury, a Baltimore County Police officer faces six counts of honest services wire...