NJ Doctor Sentenced for Unlawful Distribution of Oxycodone

A New Jersey doctor has been sentenced to two years in prison and barred from practicing medicine for unlawfully distributing addictive opioids without performing necessary patient assessments. According to court documents and statements made in court, Felicia E. Gonzalez, 65, of Toms River, prescribed oxycodone to three patients without conducting any physical examinations, developing treatment plans, or assessing the patients...

Hedge Fund Manager Sentenced for Operating Multimillion-Dollar Ponzi Scheme

A Florida man was sentenced today to one year and one day in prison for using his hedge fund management company as part of a years-long, multimillion-dollar Ponzi scheme. According to court documents, Michael Wayne Williams, 48, of Miami, was the founder and operator and investment manager of Highguard Capital and its affiliated entities, Guardian Opportunity Fund and Guardian Opportunity...

Man Convicted for $110M Cryptocurrency Scheme

A federal jury in New York convicted a man residing in Puerto Rico today of commodities fraud, commodities market manipulation, and wire fraud in connection with the manipulation on the Mango Markets decentralized cryptocurrency exchange. According to court documents and evidence presented at trial, Avraham Eisenberg, 28, engaged in a scheme to fraudulently obtain approximately $110 million worth of cryptocurrency...

False social media statements get former Alfi CEO in trouble

investor relations COVID 19
Washington D.C. — The Securities and Exchange Commission today charged Paul A. Pereira, the former CEO and co-founder of Alfi, Inc., with making materially false and misleading statements on social media about the company’s financial and performance metrics in an attempt to boost the now defunct company’s stock price. According to the SEC's complaint, while serving as the CEO of...

Husband of Energy Company Manager Charged with Insider Trading

Spouse purchased stock using non-public information about planned merger Washington D.C. — The Securities and Exchange Commission this week charged Tyler Loudon of Houston, Texas, with insider trading ahead of a February 2023 announcement that London-based oil and gas company BP p.l.c. agreed to acquire TravelCenters of America Inc., a full-service truck stop and travel center company headquartered in Ohio....

Foreign National Pleads Guilty to Role in Cybercrime Schemes Involving Tens of Millions of Dollars in Losses

A Ukrainian national pleaded guilty last week to his role in two separate and wide-ranging malware schemes involving tens of millions of dollars in losses. “Vyacheslav Igorevich Penchukov was a leader of two prolific malware groups that infected thousands of computers with malicious software. These criminal groups stole millions of dollars from their victims and even attacked a major hospital...

Six Men Sentenced for Roles in $20M COVID-19 Relief Fraud Ring

Six Texas men were sentenced a few days ago for their roles in a conspiracy to fraudulently obtain more than $20 million in forgivable Paycheck Protection Program (PPP) loans that the Small Business Administration (SBA) guaranteed under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Hamza Abbas, 31, Ammas Uddin, 31, and Arham Uddin, 27, all of Richmond, were...

¿Cómo se presenta la economía estadounidense en 2024?

https://youtu.be/mY5gRI-LjYg Featured image: Images_of_Money

Sigue agravándose la crisis por consumo y sobredosis de drogas en EE. UU.

https://youtu.be/EmVtrzXn02o Featured image: DFID - UK

Doctor Convicted of $2.8M Medicare Fraud Scheme

A federal jury convicted a California man yesterday for his role in a scheme to defraud Medicare by billing $2.8 million for hospice services that patients did not need. According to court documents and evidence presented at trial, Dr. John Thropay, 74, of Arcadia, was the medical director of several hospice companies, including Blue Sky Hospice Inc. located in Van...