NJ couple indicted in $2.3M Ponzi scheme used investor money to buy mansion
TRENTON, N.J. — A Middlesex County couple has been indicted by a state grand jury for allegedly orchestrating a Ponzi-style fraud that siphoned more than $2 million from investors through false promises…
The World’s Biggest Woke Investor Just Took Millions In Saudi Oil Money
The World’s Biggest Woke Investor Just Took Millions In Saudi Oil Money John Hugh DeMastri on August 16, 2022 BlackRock, the world’s biggest asset manager and a proponent of the so-called Environmental,…
ROSEN, LEADING INVESTOR COUNSEL, Encourages Unilever PLC Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – UL
NEW YORK , July 9, 2022 — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Unilever PLC (NYSE: UL) between September 2, 2020 and July…
Former Investment Adviser Sentenced To 72 Months In Prison For Investor Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced today that MARTIN RUIZ, a former investment adviser, was sentenced today to 72 months in prison by U.S.…
Twin Cities House-Flipper Pleads Guilty to $3 Million Investor Fraud Scheme
MINNEAPOLIS – A Twin Cities house-flipper has pleaded guilty to defrauding real estate investors out of more than $3 million, announced U.S. Attorney Andrew M. Luger. According to court documents, from 2018…
Tulsa Man Sentenced for Defrauding Investor and Banks of Millions
A man who defrauded an investor and two banks out of at least $8.4 million was sentenced Wednesday in federal court, announced U.S. Attorney Clint Johnson. Chief U.S. District Judge John F.…
Investor And Organizer Of Cocaine Smuggling Operations Via Semi-Submersible Vessels Pleads Guilty
Tampa, FL –United States Attorney Roger B. Handberg announces that Oscar Adriano Quintero Rengifo, a/k/a “Guatala,” (34) today pleaded guilty to conspiring to distribute five or more kilograms of cocaine on vessels…
West Palm Beach Investment Fraudster Sentenced to 42 Months in Federal Prison After Losing Investor Millions in Wire Fraud Scheme
Miami, Florida – Fifty-four-year-old West Palm Beach, Florida resident Salvatore Renaldi has been sentenced in South Florida federal district court to 42 months in federal prison for orchestrating and running two investment…
San Francisco Man Charged In Alleged Cryptocurrency Investor Fraud Scheme
SAN FRANCISCO – Japheth Dillman was arrested today in connection with an alleged scheme to defraud victims into investing in a San Francisco-based cryptocurrency trading fund, announced U.S. Attorney Stephanie M. Hinds,…
Lacey Investor Scammed After Allowing “Help Desk” Caller Access to Accounts
LACEY TOWNSHIP, NJ – The infamous “Help Desk” scam claimed a victim in Lacey Township last week. Police here said a resident was scammed by the help desk caller who convinced them…
Whitefish man sentenced to six years in prison for defrauding Montana investor of $2.3 million in scheme to fund fake CIA rescue missions
MISSOULA — A Whitefish man who admitted to defrauding a Montana investor of $2.3 million by falsely claiming to be a former Force Recon Marine and CIA operative who needed funds to…
South Florida Man Sentenced to 7 Years in Federal Prison for Multi-Million Dollar Investment Scam Targeting the Elderly, and Spending Investor Money on Gambling, Jewelry, and Luxury Vehicles
Miami, Florida – Yesterday, a federal district judge in Fort Lauderdale sentenced Isaac Grossman, 47, of Parkland, Florida, to 87 months in federal prison for directing an elder fraud scheme in which…
Theranos Founder Elizabeth Holmes Found Guilty Of Investor Fraud
SAN JOSE – A jury found Elizabeth A. Holmes guilty of one count of conspiracy and three counts of wire fraud in connection with a multi-million-dollar scheme to defraud investors in Theranos,…
Individual Who Portrayed Himself as Experienced Stock Trader Pleads Guilty to Defrauding Investor
Earlier today, at the federal courthouse in Brooklyn, Gonzalo Ortiz pleaded guilty to investment adviser fraud in connection with a scheme to defraud an investor of nearly $600,000 by making false representations…
Coolidge Real Estate Investor Convicted of Wire Fraud and Money Laundering
PHOENIX, Ariz. – Last week, Sarah Nicole Kelley, 40, of Coolidge, Arizona, was found guilty by a federal jury of 24 counts of wire fraud and 8 counts of money laundering. The…
Tulsa Man Pleads Guilty to Defrauding Investor and Banks of Millions of Dollars
A con artist who defrauded a man out of $4.5 million and defrauded banks out of $3.9 million pleaded guilty Tuesday in U.S. District Court, announced Acting U.S. Attorney Clint Johnson. William…