Tag Archives: fraud investigation

You’ve probably heard of the infamous Enron and WorldCom scandals, but you may be interested to learn of history’s lesser-known, large-scale frauds. While all of these swindles have been surpassed in scale by recent corporate scandals, these earlier cases of … Continue reading →

Four people face 21 counts in an $8.7-million mortgage fraud scheme that involved more than 50 mortgages to fake people, according to a news release from the United States Attorney’s Office. Three of the people who face the allegations worked … Continue reading →

U.S. Rep. Thad McCotter (R-Mich.) announced an end to his write-in efforts to take back his seat in Congress on Saturday night, after his campaign failed to rally enough signatures to remain on the primary ballot. “I have ended my … Continue reading →

OKLAHOMA CITY (AP) — The co-defendant in the case of a former Oklahoma County judge accused of adoption fraud has pleaded guilty to charges stemming from her role in that crime and other offenses. Ravonda Edwards entered pleas Friday to … Continue reading →

An expanding federal investigation into corruption and fraud in Las Vegas-area condominium homeowners associations has resulted in 14 more guilty pleas, bringing total convictions to 26 so far, the Las Vegas Review-Journal reports. Four retired Las Vegas police officers — … Continue reading →

May 31 (Bloomberg) — Abacus Federal Savings Bank and 19 individuals were charged with mortgage fraud and accused of selling hundreds of millions of dollars in fraudulent loans to Fannie Mae, Manhattan District Attorney Cyrus Vance Jr. said. “The lessons … Continue reading →

Denver, Colo. — A possible scam surfaced yesterday targeting Colorado consumers. The Colorado Division of Insurance warns consumers never to give out personal banking information over the phone. Here’s the setup: a caller claims to be a representative of the … Continue reading →

TAMPA — A car dealer accused of nearly $9 million in tax refund fraud whose freedom vexed Tampa’s police chief for months was arrested Monday on 32 federal criminal charges. Authorities say Russell B. Simmons Jr., 42, owner of Simmons … Continue reading →

DAYTON — A local restaurant owner convicted Tuesday of insurance fraud faces up to 17 years in prison for a scheme prosecutors say put people and businesses at risk. A Montgomery County jury Tuesday convicted local restaurant owner Eva Christian … Continue reading →

Alan James Watson, 47, of Clinton Township, Mich., has been sentenced to 12 years in prison for fraudulently soliciting and accepting $40 million from more than 900 members of his investment club, Cash Flow Financial LLC (CFF). Watson subsequently lost … Continue reading →