Fraud

Los Angeles – Two downtown Los Angeles residents were arrested on a federal criminal complaint alleging they fraudulently obtained more than $300,000 – and attempted to obtain an additional $1 million – in COVID-relief loans for several companies they claimed to own and operate. Sean Schoepflin, 42, a.k.a. “Sean Fitzgerald,” and Erika Leon, 44, a.k.a. “Erika Fitzgerald,” are each charged...

A federal jury in the Western District of North Carolina convicted two men this week for the submission of fraudulent loan applications seeking more than $1.7 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief and Economic Security (CARES) Act. According to evidence presented during a six-day trial, Izzat...

Three Defendants Have Pleaded Guilty to Fraud Conspiracy A New York resident has pleaded guilty in the Eastern District of New York to participating in a fraudulent multimillion-dollar mass-mailing scheme that tricked consumers into paying fees for falsely promised cash prizes. According to court documents, from August 2014 through August 2019, Scott Gammon, 47, of Broad Channel, New York, engaged in...

Adam Rogas Raised $123 Million From Investors Using Financial Statements That Showed Tens of Millions of Dollars of Revenue and Assets that Did Not Exist Damian Williams, the United States Attorney for the Southern District of New York, announced that ADAM ROGAS, the co-founder and former CEO, CFO, and member of the board of directors of Las Vegas-based cyberfraud prevention...

PORTLAND, Ore. — A resident of the Fort Hall Reservation in Idaho and former CEO of the Warm Springs Economic Development Corporation (WSEDC) has pleaded guilty for his role in a fraud scheme targeting the Confederated Tribes of Warm Springs. Roderick Ariwite, 66, pleaded guilty to theft of funds from a tribal organization and interstate transportation of a security taken...

Washington D.C. – The Securities and Exchange Commission today announced fraud charges against five individuals for allegedly operating a call center in Medellin, Colombia, which used high pressure sales tactics and made false and misleading statements to retail investors to convince them to buy the stocks of small companies trading in the U.S. markets. According to the SEC’s complaint, filed...

Oshri deberá pagar las costas procesales de la corresponsal española por tratar de silenciar su serie de investigación California (USA) – Emprender acciones legales sin fundamento jurídico puede resultar costoso, sobre todo cuando el querellante tiene como objetivo censurar la libertad de expresión en temas de interés público y éste no presenta pruebas admisibles. Es decir, cuando se pierde una...

Washington D.C. — The Securities and Exchange Commission announced today an award of about $14 million to a whistleblower who published an online report exposing an ongoing fraud. The whistleblower, who days later shared the same information with the SEC and was persistent in reaching out to the staff, prompted the opening of an investigation which resulted in a...

A California man pleaded guilty this week in the Central District of California to stealing government funds designed to aid medical providers in the treatment of patients suffering from COVID-19 and using them for his own personal benefit. According to court documents, Grigor Garibyan, 36, of North Hollywood, admitted that he owned GMA Home Health Inc. (GMA), a home health...

San Diego (CA) – Two defendants charged in a nationwide “grandparent scam” have pleaded guilty to conspiracy charges under the Racketeer Influenced and Corrupt Organizations (RICO) Act. Jack Owuor, 25, of Paramount, California pleaded guilty in federal court today. Timothy Ingram, 29, of North Hollywood, California, pleaded guilty on March 2, 2022. According to court documents, the defendants were members and...