November 2016 -
Financial Fraud

Credit Card Scam: Vinod Dadlani Charged with One Count of Conspiracy to Commit Bank Fraud

Jewelry Store Owner Sentenced To Two Years In Prison For Role In International, $200 Million Credit Card Fraud Scam TRENTON, N.J. – A New Jersey jewelry store owner who used his business... Read more »
Financial Fraud

Financial Fraud: NANDU THONDAVADI – CEO of Schaumburg-based Quadrant 4 System Corp.- Charged with One Count of Willfully Certifying False Financial Reports

CEO of Schaumburg Consulting Firm Arrested on Fraud Charges for Misrepresenting Company’s Financial Condition CHICAGO — The chief executive of a publicly-traded consulting firm has been charged in federal court with fraudulently... Read more »

Insurance Fraud: Cristopher Santiago Sanchez-Becerra Sentenced for Staging Car Accidents in a Scheme to Defraud Insurance Companies

Stockton Man Sentenced to 21 Months in Prison for Staging Car Accidents in a Scheme to Defraud Insurance Companies FRESNO, Calif. — Cristopher Santiago Sanchez-Becerra, 32, of Stockton, was sentenced today to... Read more »
Fraud; Insurance; Insurance Fraud; Report; Report Fraud; Report Insurance; Report Auto Insurance; Report Auto Insurance Fraud; Auto Insurance Fraud;

How to Report And Identify Auto Insurance Fraud?

Have you been deceived in auto insurance? You want to know what are the main forms of fraud or scams and how to report or notify an auto insurance? You can find... Read more »

What Is Tax Avoidance and Tax Evasion ?

There is a clear-cut difference between tax avoidance and tax evasion. One is legally acceptable and the other is an offense. Unfortunately however many consultants even in this country do not understand... Read more »
Financial Fraud;Claims Act Scam;

Claims Act Scam: Bechtel National Inc., Bechtel Corp., URS Corp. and URS Energy, Have Agreed to Pay $125 Million to Resolve Allegations Under the False Claims Act

The United States Settles Lawsuit Against Energy Department Contractors for Knowingly Mischarging Costs on Contract at Nuclear Waste Treatment Plant The Justice Department announced today that Bechtel National Inc., Bechtel Corp., URS... Read more »
Financial Fraud

Financial Fraud: Owners Of PLCMGMT LLC dba Prometheus Pleaded Guilty to Defrauding Investors of Multi-Million Dollar Securities Fraud

Founder of Litigation Marketing Company Guilty of Multi-Million Dollar Securities Fraud Assistant U.S. Attorneys Aaron P. Arnzen (619) 546-8384 and SAN DIEGO – David Aldrich pleaded guilty in federal court today to... Read more »
Financial Fraud

Financial Fraud: Jason H. Wild And Lt. Col. Michael K. Strom Convicted Convicted For Wire Fraud Conspiracy and False Claims

Former Major and Lt. Col. Convicted of Four-Year Fraud Against the Marine Corps Assistant U.S. Attorneys Nicholas W. Pilchak (619) 546-9709 and C. Seth Askins (619) 546-6692 SAN DIEGO – A former... Read more »
Financial Fraud

Financial Fraud: Patricia Webb of Lee’s Summit Pleaded Guilty to Three Counts of Wire Fraud and One Count of Aggravated Identity Theft

Lee’s Summit Woman Pleads Guilty to $1.5 Million Embezzlement Schemes, Identity Theft KANSAS CITY, Mo. – Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that a Lee’s Summit,... Read more »
Financial Fraud

Financial Fraud: Two Individuals Sentenced for Stealing Their Deceased Parent’s Government Benefits

Two Georgia Men Sentenced for Stealing Government Benefits ATLANTA – John W.  Jackson, Jr., and Corry Sandlin, have been sentenced in federal district court for stealing their deceased parent’s government benefits.  Each... Read more »
Financial Fraud, Theft

Financial Fraud: Ambulai R. Sheku Pleaded Guilty Theft, Computer Fraud Charges

Former DLT Worker Pleads Guilty to Theft, Computer Fraud Charges PROVIDENCE, R.I. – Ambulai R. Sheku, 37, of Providence, a former Senior Employment Interviewer with the Rhode Island Department of Labor and... Read more »
Financial Fraud; Mortgage Fraud; Insurance Scam;

Mortgage Scam: Ally Financial Inc. Agreed To Pay For 10 Subprime Residential Mortgage-Backed Securities (RMBS)

Ally Financial Agrees to Pay $52 Million to Resolve Investigation into Improper Conduct Related to Issuance of Mortgage-Backed Securities LOS ANGELES – Ally Financial Inc. has agreed to pay the United States... Read more »
Loan Fraud, Financial Fraud

Loan Fraud: Jeffrey Spanier – Owner of Amerifund Capital Finance, LLC – Convicted For Elaborate Stock-Loan Fraud Scheme

Owner of Stock Lending Firm Convicted by Jury in $100 Million Stock-Loan Fraud Scheme For Further Information, Contact: Assistant U.S. Attorney Joseph J.M. Orabona (619)546-7951or Assistant U.S. Attorney Michael G. Wheat (619)... Read more »
Financial Fraud

Financial Fraud: John Vartanian Sentenced In Connection With a Fraudulent Debt Relief Firm

Salesman Sentenced in Scheme to Defraud Consumers Through Debt Relief Firms A Newport Beach, California, man was sentenced today in connection with a fraudulent debt relief firm, the Justice Department and U.S.... Read more »
Tax Fraud

Tax Fraud: Earl Worthy Sentenced for His Role in a Fraudulent Tax Refund Scheme

Alaska Inmate Sentenced for Identity Theft and Filing False Income Tax Returns Anchorage, Alaska – U.S. Attorney Karen L. Loeffler announced today that Earl Worthy, 41, was sentenced to 70 months in... Read more »
Wire Fraud And Money Laundering

Financial Fraud: For Individuals Convicted For Conspiracies to Commit Wire Fraud and Money Laundering

Four Conspirators Convicted for Defrauding Victims of Millions of Dollars Members of the Conspiracy Formed Online Romantic Relationships to Entice Victims To Provide Money Greenbelt, Maryland – A federal jury convicted the... Read more »
Tax Fraud

Tax Fraud: Ahmad Sheikhzadeh Pled Guilty to Filing a False Income Tax Return

Consultant To Iranian Mission To The United Nations Pleads Guilty To Filing False Income Tax Return And Conspiring To Violate Sanctions Laws BROOKLYN, NY –  Earlier today in federal court in Brooklyn,... Read more »
Financial Fraud

Financial Fraud: Sandra Stevenson Marks Sentenced on Charges That She Committed Mail Fraud and Laundered Money

The former owner of a fortune-teller business Sentenced on Mail Fraud, Money Laundering In A Separate Hearing, Donnie Marks Pleads Guilty to Same Charges, Both Agree Repay Victims at Least $1.2 Million... Read more »
Insurance Claims Fraud

Which Are Insurance Adjusters Spot Fraudulent Claims?

Be vigilant in identifying insurance fraud by becoming familiar with the most common forms of fraud. This include Car “Stolen , Accident and Damage”, Health Insurance Billing Fraud, Unnecessary Medical Procedures, Staged... Read more »
Intellectual Property Fraud;

Intellectual Property Fraud: Jayme Gordon Convicted four Fraud Scheme Designed To Obtain a Multi-Million-Dollar Settlement From DreamWorks

Randolph Man Convicted by Jury of Defrauding DreamWorks by Falsely Claiming he Created Kung Fu Panda BOSTON – A Randolph man was convicted late today of wire fraud and perjury charges in... Read more »