SEC Charges 18 Defendants in International Scheme to Manipulate Stocks Using Hacked US Brokerage Accounts
The Securities and Exchange Commission today charged 18 individuals and entities for their roles in a fraudulent scheme in which dozens of online retail brokerage accounts were hacked and improperly used to purchase microcap stocks to manipulate the price and trading volume of those stocks. Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated...
Campaña informativa del FTC contra los timos y fraudes
https://youtu.be/ZdjudrnCxsI
Featured image: by Got Credit is marked with CC BY 2.0.
California Man Pleads Guilty to Misappropriating COVID-19 Funds
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...
Woman Convicted of Laundering Over $750,000 from Health Care Fraud Scheme
A federal jury convicted a Florida woman Friday for laundering approximately $786,000 in money stolen from Medicare, Medicaid, and private health insurers as part of a sprawling health care fraud scheme in Miami.
According to court documents and evidence presented at trial, Jesmina Ramirez, 50, of Miami Gardens, laundered hundreds of thousands of dollars in fraud proceeds by cashing checks...
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 Davidson, Michael Glaspie, Amy Mossel, Linda Knott, AEO Publishing Inc, Banner Co-Op, Inc, and BannersGo, LLC for their involvement in a fraudulent investment scheme named CoinDeal that raised more than $45 million from sales of...
FTC: Qué estafas seguirán viéndose en 2024
https://youtu.be/dCUQkaB6-ZI
Featured image: by Got Credit.
A Special Report: The Harrowing Impunity of White-Collar Crime (Part I)
Marc Lubaszka, the ultimate white-collar conman on the run: From a Hollywood Hills mansion to Venezuela's illegal gold mines and back
Disabled veteran Steve Gern: “It’s been nearly ten years of desperation”
Around 2012, tens of investors across the country experienced nearly $2 million in combined losses with unregistered gold broker Marc Lubaszka. The SEC, the FBI and other law enforcement...
California Man Convicted for $27 Million PPP Fraud Scheme
A federal jury convicted a California man for submitting fraudulent applications seeking money from the Paycheck Protection Program (PPP), submitting false statements to a financial institution, and money laundering.
According to court documents and evidence presented at trial, Robert Benlevi, 53, of Encino, submitted 27 PPP loan applications to four banks between April and June 2020 on behalf of eight...
Aitana Vargas walks red carpet at tonight’s LA Press Club awards gala
"A Special Report: The Harrowing Impunity of White-Collar Crime" competes for top journalism award
Los Angeles (CA) – Investor News correspondent Aitana Vargas just walked the red carpet at the LA Press Club 64th Annual Awards Gala, which is being held at the Sheraton Universal Hotel in Universal City tonight and honors journalism and editorial excellence across Southern California in...
