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Three CA companies agree to pay $530K over PPP loans violations

Three California companies have agreed to pay a total of $530,000 to settle allegations that they knowingly violated the False Claims Act when they...

Felon Sentenced for Fraudulently Obtaining over $419K in Covid Aid while on Probation

Maryland Felon Sentenced to 18 Months in Federal Prison for Fraudulently Obtaining More Than $419,000 in COVID-19 CARES Act Loans While on Probation for...
KaratCoin Cryptocurrency

Creator of CoinDeal Crypto Scheme and Seven Others Charged Over Alleged $45 Million Fraud

Orchestrator used investors’ funds to buy cars, real estate, and a boat Washington D.C. — The Securities and Exchange Commission today charged Neil Chandran, Garry...

Four Individuals Charged in Crypto Scheme Targeting Spanish-Speakers

Forcount Trader Systems' creator and promoters orchestrated $8.4 million fraud Washington D.C., Dec. 14, 2022 — The Securities and Exchange Commission today charged Francisley Valdevino...
covid recession

Rapper Who Boasted in Music Video About Committing COVID Fraud Sentenced to Over 6...

A rapper who boasted in a YouTube music video about getting rich quickly by scamming a COVID relief program was sentenced today to 77...

New York Diagnostic Testing Facility Owners Sentenced for Health Care Fraud Scheme

Two New York diagnostic testing facility owners were sentenced today to three years in prison for their roles in a more than $18 million...
covid recession

Murrieta Man Sentenced to 5 Years in Prison for Misusing COVID-Relief Business Loans on...

LOS ANGELES – A Riverside County man was sentenced today to 60 months in federal prison for using hundreds of thousands of dollars from...

Elizabeth Holmes Sentenced To More Than 11 Years For Defrauding Theranos Investors Of Hundreds...

SAN JOSE – Elizabeth A. Holmes was sentenced today to 135 months (11 years, 3 months) in federal prison for defrauding investors in Theranos,...

Chief Information Officer of pharmaceutical company Viatris charged with inside trading

SEC Charges Pharmaceutical Co. Chief Information Officer in $8 Million Insider Trading Scheme Washington D.C. — The Securities and Exchange Commission today announced insider trading...

SEC Charges Halal Capital Founder with Multimillion Dollar Fraudulent Scheme That Targeted Muslim Community

Washington D.C. — The Securities and Exchange Commission today charged Jebara Igbara, the founder of Halal Capital LLC, in connection with a more than...