NYPD rookie accused of stealing $87K from Wells Fargo clients for Aruba trip, BMW payments, and glute workouts
WHITE PLAINS, N.Y. — A New York City police officer has been charged with stealing more than $87,000 from Wells Fargo customer accounts in an alleged scheme that funded luxury car payments,…
Home Health Care Provider Is Sentenced To Prison For Stealing More Than $1 Million From Two Elderly Clients
ASHEVILLE, N.C. – Chief U.S. District Judge Martin Reidinger sentenced Lindsey Allison Kerns, 39, of Mars Hill, N.C., to 45 months in prison today, for stealing more than $1 million from two…
Michael Avenatti Pleads Guilty to Federal Fraud and Tax Charges That Allege He Stole Millions of Dollars from Clients
SANTA ANA, California – Michael Avenatti pleaded guilty today to five felony offenses and admitted that he engaged in a scheme to defraud four of his legal clients. Avenatti, who…
Westwood Man Arrested on Indictment Alleging Scheme Offering Surety Bonds that Defrauded Clients Out of $5.2 Million
LOS ANGELES – A Westwood man was arrested today on a 27-count federal grand jury indictment alleging he defrauded victims out of more than $5 million by purporting to sell bonds…
Former Financial Advisor from Berks County Convicted of Fraud, Money Laundering for Scheme to Steal from Clients
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Jason Weigand, 51, of Sinking Springs, PA, was convicted at trial on thirty counts involving multiple charges of fraud, money laundering and…
UBS CEO says clients on sidelines amid market volatility
ZURICH – Clients are tending to keep to the sidelines amid market volatility, UBS Chief Executive Ralph Hamers told broadcaster CNBC in an interview on Monday. “You see that clients are not…
Garage Makeover Company Helps Clients Reset For Spring
Garage Living Encourages Americans to Rethink their Space during Garage Improvement Month NEW YORK, May 12, 2022 — With days getting longer and temperatures rising, many homeowners are starting their annual Spring-cleaning…
Wells Fargo set emissions reduction targets for oil, gas, power clients
By Elizabeth Dilts Marshall and Ross Kerber NEW YORK/BOSTON – Wells Fargo & Co unveiled new targets to reduce greenhouse gas emissions, including goals to reduce the “absolute emissions” related to its…
Russia’s Alfa Bank gives clients deadline to transfer foreign securities
(Reuters) – Russia’s top private lender Alfa Bank has given its brokerage clients until midnight on Monday to transfer foreign securities to another platform, explaining that sanctions had prevented it from moving…
Cleveland Tax Return Preparer Charged with Submitting False Returns for Clients
Acting U.S. Attorney Michelle M. Baeppler announced that a federal grand jury returned a fifteen-count indictment charging Eiahnna Pique, 42, of Cleveland, with aiding and assisting in the preparation and presentation of…
Former UBS Financial Advisor Pleads Guilty to Defrauding over $5 Million Dollars from His UBS Clients
Miami, Florida – German Nino, a former UBS Financial Advisor, has pled guilty in federal court in Miami to defrauding over $5 million from a family who maintained several accounts at UBS. …
Tax Preparer Sentenced to Prison for Conspiracy and Filing Fraudulent Tax Returns for Clients
WASHINGTON – A Louisiana woman was sentenced today to one year and one day in prison for conspiring to defraud the United States and helping clients file false tax returns. On Nov.…
Saxo Bank terminates Russian, Belarussian clients following sanctions
COPENHAGEN – Danish investment bank Saxo Bank said on Saturday it had terminated clients from Russia and Belarus in response to sanctions imposed on those countries following Russia’s invasion of Ukraine. “It…
New York City Lawyer Bilked Clients Out of $2 Million in Settlement Claims
NEW YORK, NY – A New York City attorney has been sentenced to prison for bilking clients out of more than $2 million. Queens District Attorney Melinda Katz announced that Yohan Choi,…
JPMorgan allows clients to cancel depositary receipts in Russian companies- sources
By Sinead Cruise and Carolina Mandl NEW YORK – JPMorgan & Chase on Tuesday started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar with the…
Former Comptroller And Compliance Specialist At Investment Adviser Firm Pleads Guilty To Conspiring To Defraud Clients
Damian Williams, the United States Attorney for the Southern District of New York, announced that VANIA MAY BELL, the former comptroller and chief compliance officer of Executive Compensation Planners, Inc. (“ECP”), a…
Disbarred Attorney Sentenced To Four Years For Conspiring To Commit Bankruptcy Fraud And Defrauding Clients Of $1.3 Million
Tampa, Florida – U.S. District Judge Thomas Barber has sentenced James Lee Clark (61, Wilton Manors) to 48 months in federal prison for conspiracy to commit bankruptcy fraud and wire fraud. Clark…
Former Westlake Investment Advisor Convicted of Stealing More Than $9.3 Million from Clients in Ponzi Scheme
Acting U.S. Attorney Michelle M. Baeppler announced that a federal jury returned guilty verdicts today against Defendant Raymond A. Erker, 50, of Avon, Ohio, following a seven-day trial before U.S. District Judge…
Former Port Orchard, Washington attorney sentenced to prison for defrauding clients
Tacoma – A former Port Orchard, Washington attorney, who stole a bequest left by a client for the benefit of a children’s hospital, and then defrauded a close friend, was sentenced today…
Canadian business jet maker Bombardier suspends all activities with Russian clients
MONTREAL – Business jet maker Bombardier Inc said on Friday it has suspended all activities with Russian clients, as more companies cut ties in the country following the introduction of sweeping sanctions…
Julius Baer halts business with new Russian clients -sources
By Brenna Hughes Neghaiwi and Saeed Azhar ZURICH – Swiss wealth manager Julius Baer has halted any new business with wealthy Russians, two sources familiar with the bank’s operations said, as European…
BlackRock says working to ensure clients can exit Russian securities
– Top asset manager BlackRock Inc said on Tuesday it is consulting with regulators, index providers and other market participants “to help ensure our clients can exit their positions in Russian securities”…
South Windsor Man Admits Defrauding Immigrant Clients, USCIS
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that BABAR KHAN, 43, of South Windsor, pleaded guilty today via videoconference before U.S. Magistrate Judge Robert M. Spector to…
Russian central bank orders block on foreign clients’ bids to sell Russian securities – document
MOSCOW -Russia’s central bank has ordered professional stock market participants to suspend the execution of all orders by foreign legal entities and individuals to sell Russian securities from Monday morning, an internal…
Russian sanctioned banks report enough liquidity to meet clients’ demands
MOSCOW – Russian banks sanctioned by the West have enough liquidity to meet clients’ demands and are doing everything possible to calmly make it through this volatile period, the banks said in…
Russia’s VTB asks corporate clients to stay away from forex transactions, Ifax says
MOSCOW – Russian state bank VTB, the country’s second biggest bank, Russia’s no.2 bank, asked its corporate clients to refrain from transactions in U.S. dollars and euros to ‘minimize risks given current…
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