New Jersey CEO pleads guilty to $212 million investor fraud scheme tied to healthcare company
NEWARK, N.J. – The former CEO of a publicly traded healthcare services firm pleaded guilty to conspiracy to commit securities fraud in a scheme that defrauded investors out of hundreds of millions…
Tech Company and CEO Plead Guilty to Twenty Counts of Wire Fraud Mid-Trial
Charleston, South Carolina — Acting United States Attorney M. Rhett DeHart announced today that Micfo, LLC, a tech company located in Charleston, and its chief executive officer (CEO), Amir Golestan, 38, of…
Local non-profit CEO sentenced to 4 years in prison for tax fraud
CINCINNATI – The founder, owner, CEO and president of a Cincinnati nonprofit was sentenced today in federal court to 48 months in prison for using thousands of dollars for personal expenses instead…
Former CEO Of Publicly Traded Houston Company Sentenced To Three Years In Prison For Accounting Fraud And Misappropriation Schemes
Damian Williams, the United State Attorney for the Southern District of New York, announced today that JEFFREY HASTINGS, the former Chief Executive Officer and Chairman of the Board of Directors of SAExploration…
Sony CEO applauds patience, but finding a PS5 is about to get harder, the company reports
The Playstation 5 console has turned one, but good luck finding any in time for Christmas. While valid reseller stock is sold almost immediately, many secondary sellers continue to buy the $399…
Former CEO of Illinois Computer Services Firm Sentenced to 13 Years in Federal Prison for Orchestrating $9 Million Fraud Schemes
CHICAGO — The former Chief Executive Officer of an Illinois computer services company has been sentenced to 13 years in federal prison for orchestrating fraud schemes that bilked a global telecommunications provider…
Barclays CEO Resigns Over Alleged Ties To Jeffrey Epstein
Barclays chief executive Jes Staley will resign after reports of an investigation into his relationship with Jeffrey Epstein, the bank announced Monday. Staley will be replaced by C.S. Venkatakrishnan, Barclay’s head of…
Non-Profit Ceo Sentenced to Two Years in Federal Prison After Pleading Guilty to Wire Fraud in Connection with the Misuse of Federal Funds Intended for the Treatment of Survivors of Domestic Violence and Sexual Assault
Greenbelt, Maryland – U.S. District Judge Paula Xinis sentenced Glenda Hodges, age 72, of Clinton, Maryland, yesterday to two years in federal prison, followed by three years of supervised release, after Hodges…
CEO Of East Bay-Based Internet Companies Marketing Child-Friendly Services Indicted On Wire Fraud And Securities Fraud Charges
SAN FRANCISCO – A federal grand jury has indicted Alan Anderson, charging him with wire fraud and securities fraud charges related to a scheme to use materially false and fraudulent pretenses to…
DOJ and CEO of defunct medical testing laboratory settle False Claims Act and Anti-Kickback Statute civil case
Seattle – A False Claims Act/Anti-Kickback Statute civil matter was resolved today with an agreed $1.1 million payment by the former Chief Executive Officer of a now defunct medical testing lab, announced…
Former CEO of Braskem Sentenced to 20 Months in Prison for Foreign Bribery and Securities Law Violations
BROOKLYN, NY – Earlier today, in federal court in Brooklyn, Jose Carlos Grubisich, a Brazilian national and the former Chief Executive Officer of Braskem S.A. (Braskem), a publicly traded Brazilian petrochemical company,…
Former SCANA CEO Sentenced to Two Years for Defrauding Ratepayers in Connection with Failed Nuclear Construction Project
Columbia, South Carolina — Acting United States Attorney M. Rhett DeHart announced today that Kevin B. Marsh, 66, former SCANA Corporation (SCANA) Chief Executive Officer and Chairman of the Board of Directors,…
CEOs To Receive Cancel Culture Training From Veterans On Kamala Harris’ Campaign
A new strategy firm launched by veterans of Vice President Kamala Harris’ presidential campaign will help CEOs navigate cancel culture, Axios reported. Jon Henes, a former national campaign finance chair for Harris,…
Attorney General James Shuts Down Virtual Currency Trading Platform and Stops Cryptocurrency CEO From Continuing Fraudulent Conduct
Coinseed Put Thousands of Investors’ Money at Risk Despite Ongoing Lawsuit NEW YORK – New York Attorney General Letitia James today secured a judgment against the virtual currency trading platform Coinseed, as…
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