Brian Simms, who operated Brendanwood Financial Brokerage LLC in Carmel, avoided trial by reaching a plea agreement in what prosecutors said was a fraud scheme involving at least 20 victims.
A New York judge imposed the penalty over what he ruled was a years-long scheme to dupe banks and others with financial statements that inflated the former president’s wealth.
Investigators say Tuong Quoc Ho devised and led a complex, international scheme from 2013 to 2020 to defraud multiple victims in the United States and abroad of about $2 million.
The operators of the now-closed schools allegedly inflated the enrollment by thousands of students and accepted more than $44 million in state funding, per a federal indictment from last week.
The bill would reinstate a tax deduction for personal casualty losses that was removed by congressional Republicans in 2017. The deduction covered sudden or unexpected events such as floods, fires, earthquakes—and thefts.
A federal judge in Arizona ordered a freeze on the assets of Jonathan Larmore and his company, ArciTerra, whose holdings include seven Indianapolis-area shopping centers and scores of other properties around the country.
The founder of an Arizona real estate company with scores of retail centers across the country—including seven in the Indianapolis area with a total of nearly 500,000 square feet—is facing federal allegations that he committed a $35 million fraud.
“Using new technology to break the law does not make you a disruptor, it makes you a criminal,” said U.S. Attorney General Merrick Garland, who called the settlement one of the largest corporate penalties in the nation’s history.
Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry hit rock bottom Thursday when a jury convicted him of fraud for stealing at least $10 billion from customers and investors.
According to the petition Courtney Anguiano knowingly conspired with seven other people to submit 189 false and fraudulent post-transaction reimbursement requests under three different Eli Lilly and Co. savings card programs.
Darrin Blaine was charged with six counts of securities violations, one count of money laundering and one count of corrupt business influence after being arrested in his home Thursday
If not successfully appealed, the order would strip Trump of his authority to make strategic and financial decisions over some of his key properties.
The IRS has received 3.6 million claims for the credit over the course of the program. It said hundreds of criminal cases have been started and thousands of claims have been referred for audit.
Prosecutors say Oluwatobi Seton and partners in Nigeria obtained people’s identities and used them to open GoBank accounts and debit cards. They then would apply for unemployment benefits in different states using the stolen identities the fraudulent accounts.
According to a federal complaint, the woman submitted $556,797 in false claims to Medicaid for portable medical devices known as oximeters and wired the money to her personal bank account.
An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding, while another $123 billion was wasted or misspent.
Investigators said Bruce Ford stole about $1.2 million from at least 10 victims, including some who were already retired or were approaching retirement and suffered substantial financial hardship.
The White House is calling for money and more time to prosecute cases, to put into place new ways to prevent identity theft and to help people whose identities were stolen.
From January 2014 to June 2019, Carla Burke issued checks to herself and then cashed them at her personal bank, according to federal officials.
According to court documents, the man illegally transferred funds from the union’s bank account to his personal bank accounts on multiple occasions between 2013 and 2019.
