Tag Archives: fraud investigation

SACRAMENTO — A federal indictment unsealed Friday charged seven people with running a multistate Ponzi scheme and related mortgage fraud scams that prosecutors said cost investors and lenders a combined $17 million. The years-long investigation resulted in the arrest of … Continue reading →

Ten more retired Long Island Rail Road workers have been charged with federal crimes, accused of falsely claiming to be disabled so they could obtain federal disability pensions in addition to their railroad pensions in what prosecutors have called a … Continue reading →

A 42-year-old man is being sought in connection with the financial exploitation of two elderly Ponte Vedra Beach residents earlier this year, according to an alert received by local Historic City News reporters in St Augustine this afternoon. St Johns … Continue reading →

With barely 15 employees, Equipment Finance Inc. wasn’t a household name. Still, the Lancaster County firm managed to carve out a niche making loans to loggers and small contractors, most in the South, for new or refurbished forestry equipment. It … Continue reading →

BILLINGS, Mont. — Six California residents are being held on fraud and conspiracy charges for an alleged scam in which investors were promised a stake in a fictitious oil and gas project on Montana’s Fort Peck Indian Reservation, authorities said … Continue reading →

A southwestern Illinois minister has been sentenced to more than a year in prison for committing securities fraud in a deal involving a Canadian gold mine. The Belleville News-Democrat (http://bit.ly/NISlxh ) reports that 32-year-old Jeremiah Jacob, of Columbia, was sentenced … Continue reading →

Downtown Minneapolis nightclub Envy was searched Friday in connection with a tax fraud investigation, theStar Tribune reports. The Minnesota Department of Revenue issued a news release saying a search warrant had been served at the club. A state spokeswoman said … Continue reading →

ROCHESTER, NY—U.S. Attorney William J. Hochul, Jr. announced today that John A. Zdanecis, 77, of Rochester, New York, was arrested and charged by criminal complaint with commodities fraud. The charge carries a maximum penalty of 25 years in prison, a … Continue reading →

JACKSON, Miss. (WTVA) — A Lowndes County grand jury has indicted a woman from Columbus for insurance fraud. http://liarcatchers.com/fraud_investigation.html The Mississippi attorney general’s office says 22-year-old Brittney Latham lied on a report to Safeway Insurance Company about the damage to … Continue reading →

LONDON, Ky. (AP) — A federal grand jury in London has charged 14 Eastern Kentucky residents with defrauding Social Security and Medicaid out of more than $1 million. The Lexington Herald-Leader reports (http://bit.ly/NrnPrB) several of those charged concealed the fact … Continue reading →