Tag: Fraud and false statements
EXPLAINER: Charmed by Madoff, SEC later tightened its rules
WASHINGTON — Until Bernie Madoff’s scheme came crashing down and the biggest Ponzi scheme in Wall Street’s history came to light, he appeared as...
“Sour Grapes” wine fraud con man deported to Indonesia
LOS ANGELES — A one-time California man who bilked wine collectors out of millions by selling cheaper booze he rebottled in his kitchen has...
Nevada GOP censures elections official who defended results
LAS VEGAS — Nevada's Republican Party voted to censure the secretary of state, accusing her of violating her oath of office by failing to...
Feds charge 3 more in massive California unemployment fraud
SACRAMENTO, Calif. — Federal prosecutors said Friday that they have charged three Southern California women with using prison inmates' names to bilk a state...
Ex-California man charged with $14M boiler room scam
SANTA ANA, Calif. — A former Southern California man was charged Wednesday with running a “boiler room" scheme that bilked more than 100 investors...
Arizona man charged in scheme targeting sex offenders
PHOENIX — Three people have been charged with fraud in Arizona in what prosecutors say was a harassment scheme to get payments from sex...
Ex-Northeastern track coach charged with nude photo scheme
BOSTON — A former track and field coach at Boston's Northeastern University was arrested Wednesday and charged with using bogus social media accounts to...
Feds: West Virginia Walmart worker stole $124K in gift cards
WHEELING, W.Va. — A Walmart worker in West Virginia has been accused of stealing $124,000 in gift cards over a five-month period.
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Feds: Businessman agrees to guilty plea in investment scheme
INDIANAPOLIS — An Indianapolis businessman plans to plead guilty to federal charges alleging that he operated a fraudulent investment scheme involving more than 100...
San Diego woman sentenced for nearly $400M Ponzi scheme
SAN DIEGO — A San Diego businesswoman whose Ponzi scheme bilked hundreds of people out of nearly $400 million was sentenced Wednesday to 15...