California lawyer, associates accused of laundering visa scheme money through burial plotsOctober 16th, 2009 3 accused of laundering money through burial plotsLOS ANGELES — An immigration lawyer and two associates have been charged with obtaining fraudulent work visas for immigrants and laundering the money by purchasing cemetery plots, authorities said Friday. "Cemetery plots are certainly a novel way to attempt to launder the proceeds from criminal activity, but as this case shows, we will follow the money trail wherever it leads," Immigration and Customs Enforcement director John Morton said in a statement.
Jury finds Dallas City Council member, others guilty in bribery and extortion case schemeOctober 5th, 2009 Dallas official guilty in bribery, extortion scamDALLAS — A federal jury has returned guilty verdicts against a Dallas City Council member accused of bribery and extortion. Former Mayor Pro Tem Don Hill was convicted Monday of seven out of nine counts against him in a bribery and extortion scheme.
SEC sues Mich. man accused of raising millions in fraudulent scheme involved 1,200 investorsSeptember 30th, 2009 SEC sues Mich. man linked to alleged Ponzi schemeDETROIT — Federal regulators are suing a Detroit-area man who is accused of soliciting millions for the leader of a $250 million financial scam.
NY prosecutors suspect adoption Ponzi scheme that promised babies but didn't deliverSeptember 30th, 2009 NY prosecutors suspect 'adoption Ponzi scheme'GARDEN CITY, N.Y. — New York prosecutors are investigating a possible "adoption Ponzi scheme" in which clients were defrauded out of fees for babies who didn't exist.
Authorities say it appears financier accused in Ponzi scheme committed suicide in CaliforniaSeptember 18th, 2009 Police in Calif. believe financier killed himselfNEWPORT BEACH, Calif.
Woman sentenced to nearly 3 years for visa fraud scheme involving Cambodian sham marriagesAugust 31st, 2009 Woman gets nearly 3 years in fake marriage caseSEATTLE — A 35-year-old Seattle-area woman who ran a visa fraud scheme involving sham marriages to Cambodians faces two years and nine months in prison. Vuthy Sim was sentenced Monday for three counts each of visa fraud and money laundering, conspiracy to commit those offenses and concealing an illegal alien.
Calif. man gets 2 years for posing as lawyer days after prison release for same offenseAugust 19th, 2009 Calif. man gets 2 more years for posing as lawyerSANTA ANA, Calif. — A Southern California man sent to prison for seven years for falsely claiming to be an attorney has been sentenced to two more years for posing as a lawyer again days after he was released.
SEC accuses Lancelot Investment of investing more than $2 billion in alleged Ponzi schemeJuly 11th, 2009 Lancelot Investment accused of aiding Ponzi schemeCHICAGO — Lancelot Investment Management and its owner have been accused by the U.S. Securities and Exchange Commission of aiding a multibillion dollar Ponzi scheme.
Dozens indicted in SoCal for massive Medi-Cal fraud scheme involving handicapped childrenJuly 9th, 2009 Dozens indicted in SoCal for Medi-Cal fraud schemeLOS ANGELES — The U.S. attorney's office has indicted more than 40 people in Southern California linked to a ring that allegedly defrauded the Medi-Cal system out of millions of dollars.
Southern California immigrant rights activist charged with vote fraudJune 25th, 2009 SoCal immigrant activist charged with vote fraudLOS ANGELES — An outspoken immigrant rights activist has been charged with election fraud for allegedly registering to vote in Los Angeles County when he did not live there. District attorney's office spokeswoman Jane Robison says Thursday that Nativo Lopez has been charged with voter registration fraud, filing false documents, perjury and fraudulent voting.
SEC charges Cohmad firm, four people with fraud in raising billions from investors for MadoffJune 22nd, 2009 SEC charges firm, 4 people with fraudWASHINGTON — Federal regulators have charged a brokerage firm called Cohmad Securities and four people with securities fraud, accusing them of funneling billions of dollars from investors into Bernard Madoff's pyramid scheme. The Securities and Exchange Commission announced the civil fraud charges on Monday against Cohmad, its chairman, Maurice Cohn, chief operating officer Marcia Cohn and broker Robert Jaffe.
Feds charge 2 Calif. men of running $85 million Ponzi scheme targeting Korean-AmericansJune 10th, 2009 Feds accuse 2 Calif. men of conducting $85M schemeSAN FRANCISCO — Federal regulators have accused two Northern California men of conducting an $85 million Ponzi scheme that targeted Korean-Americans, pledging to deliver spectacular returns from foreign currency trading.
California businessman convicted of bribing bank manager to falsify documentsMay 6th, 2009 California man convicted of bribing bank managerLOS ANGELES — A businessman accused of running an investment scheme has been convicted of federal charges of bribing a bank official. Juan Rangel, the former owner of now-defunct Financial Plus Investments in Commerce, also was found guilty Tuesday of conspiring to falsify bank records and falsifying bank reports.
Troubled billionaire Stanford shows up at marshal's office in Houston to try to surrenderMay 1st, 2009 Stanford tries to surrender to federal authoritiesHOUSTON — R. Allen Stanford, accused by federal regulators in a civil complaint of running an $8 billion investment fraud, tried to turn himself in to federal marshals in Houston, but they didn't take him into custody because there is no warrant out for him.
US arrests 11 for H-1B visa fraudFebruary 12th, 2009 WASHINGTON - An ongoing US federal probe into an H-1B visa fraud has led to the arrest of 11 people in seven states and the indictment of IT services firm Vision Systems Group founded by an Indian-American. Announcing the arrests in Des Moines, Iowa, Thursday, US Attorney Matthew Whitaker alleged that the arrested people had filed false documents to obtain visas for Indian and Pakistani computer engineers and programmers.
Loading ...