San Gabriel Valley Woman Pleads Guilty to Counterfeit Postage Fraud that Caused More Than $150 Million in Losses to U.S. Postal Service
Lijuan “Angela” Chen, 51, of Walnut, pleaded guilty to one count of conspiracy to defraud the United States and one count of use of counterfeit postage. Chen has been in federal custody…
Four Executives Plead Guilty to Fraud Scheme that Caused Over $4.5 Million in Losses to the Small Business Administration
Three former executives of Valley Bank, a defunct financial institution based in Moline, Illinois, and the President of Vital Financial Services (Vital Financial), a lending service provider, have pleaded guilty to scheming…
Senior Executive of Oil-Services Company Pleads Guilty to Securities Fraud Scheme that Caused Over $886 Million in Shareholder Losses
WASHINGTON: A North Dakota man, formerly the executive vice president of U.S. operations at a publicly traded Canadian oil-services company, pleaded guilty today to perpetrating a scheme to fraudulently inflate the…
West Palm Beach Investment Fraudster Guilty of Wire Fraud, Victim Losses in the Millions
Miami, Florida – Fifty-four-year-old West Palm Beach, Florida resident Salvatore Renaldi pled guilty this week in South Florida federal district court to orchestrating and running two investment fraud schemes that led victims…
Boerne Man Sentenced for Ponzi Scheme with over $7.4 M in Losses
SAN ANTONIO – A Boerne man was sentenced yesterday to 135 months in prison and ordered to pay $7,424,927.10 in restitution for running a Ponzi scheme. According to court documents, Victor Farias,…
Chicago Man Charged in Federal Court With Engaging in Unauthorized Trading That Caused $30 Million in Losses
CHICAGO — A Chicago trader was charged today with securities fraud for allegedly engaging in unauthorized speculative bond trading that cost his employer and others more than $30 million. KEITH WAKEFIELD, 48,…
Three Maryland Men Facing Federal Indictment for Filing More Than 600 Fraudulent Claims for Unemployment Resulting in Losses of More Than $2.7 Million
Baltimore, Maryland – A federal grand jury has returned an indictment charging three Maryland men on federal charges related to a scheme to fraudulently obtain more than $2.7 million in unemployment benefits. …
Breaking News
