More than 1,000 people have pleaded guilty or have been convicted on federal charges of defrauding myriad COVID-19 relief programs that Congress established in the early days of the pandemic.
According to the investigative report filed by Indiana’s Office of Inspector General, a program specialist filed for and received unemployment insurance benefits while employed at the agency and also oversaw her husband’s fraudulent unemployment claims.
Since being launched in June 2017, Zelle has become a popular way for bank customers to send money to friends and family. A new report says large banks who partly own the service have been reluctant to compensate customers who have been victims of fraud or scams.
Former insurance broker Brian Simms of Lebanon was arrested Wednesday after being charged with six counts of wire fraud by a federal grand jury.
The U.S. Attorney’s Office said the former accounting specialist worked with an unnamed co-conspirator, who was not an employee of the public television and radio station.
The SBA’s Office of the Inspector General has estimated that at least $80 billion distributed from the $400 billion Economic Injury Disaster Loan program could have been fraudulent, much of it in scams using stolen identities.
The Government Accountability Office’s findings underscore the immense task facing Washington as it attempts to keep watch over the roughly $5 trillion in emergency aid it approved since the start of the pandemic.
George R. McKown, 71, who was convicted of conspiracy to commit securities fraud and wire fraud, also was ordered to pay more than $5.2 million in restitution to his victims.
Thomas Buck built a reputation as one of the state’s top financial advisers before being sentenced to prison for securities fraud in 2019.
Maria Caceres, who worked for travel insurance company Seven Corners from 1998 to 2016, pleaded guilty to wire fraud last year. She was sentenced to federal prison Thursday and ordered to repay more than $496,000 to Seven Corners.
U.S. District Judge Sarah Evans Barker ordered Jeffrey Gasior to pay restitution of $736,221 after he pleaded guilty to three counts of fraud.
Former CEO James Burkhart pleaded guilty in January 2018 to a scheme in which vendors working for American Senior Communities inflated invoices and kicked back profits to Burkhart and other company officials.
Herbert “Bert” Whalen, who operated Oceanpointe Property Management in Indianapolis, engaged in a scheme to obtain millions of dollars from dozens of out-of-state investors, prosecutors said.
Several people and companies linked with two now-closed Indiana online charter schools have asked a judge to dismiss claims against them in a lawsuit alleging a fraud scheme that cost the state more than $150 million.
Prosecutors say the Ohio man, who formerly worked for Cummins in Michigan, stole profit-sharing money that was supposed to have been distributed to company employees.
The Labor Department has reported about $87 billion in unemployment benefits could have been paid improperly, with a significant portion attributable to fraud.
Kerri Agee of Noblesville was sentenced Thursday for her role in a 13-year financial fraud scheme at the now-defunct financial services company she once owned.
A sentencing hearing is scheduled Thursday for BancServ Partners LLC founder Kerri Agee, who was found guilty on fraud and conspiracy charges in August.
Chosen Consulting LLC, which does business as Chosen Healthcare, alleges its former chief financial officer defrauded the company through a scheme to get double paychecks for more than a year and that she also improperly sent more than a half-million dollars to her own construction company.
John Keeler was indicted this week by a federal grand jury on two new charges related to illegally using campaign donations to lower the taxable income for Centaur Holdings, parent of the casino company where Keeler was vice president and general counsel.
