Georgia environmental manager sentenced to prison for $1.2 million fraud scheme targeting employer
GAINESVILLE, Ga. — Michael Mayfield, a former environmental manager at the Mars Wrigley factory in Flowery Branch, Georgia, has been sentenced to three years in federal prison for defrauding his employer of…
Activist Elliott increases stake in UK wealth manager Brewin Dolphin
LONDON -Elliott has pushed its stake above 5% in Brewin Dolphin, a British wealth manager which is under offer from Royal Bank of Canada, the activist investor said on Friday. Elliott’s stake…
Wealth manager AMP’s Australia unit posts net cash outflows on uncertainties
(Reuters) – AMP Ltd said on Thursday its Australian wealth management business logged another quarter of cash outflows as it continued to lose investors amid market uncertainty due to the Russia-Ukraine war,…
Brooklyn-Based Manager Of Money Laundering Operation Pleads Guilty In Connection With $5 Million Online Vehicle Sale Scam
Damian Williams, the United States Attorney for the Southern District of New York, and Ricky Patel, Acting Special Agent in Charge of the New York Field Office of Homeland Security Investigations (“HSI”),…
Postal Manager And Employee Arrested, Charged With Using The Mail To Distribute Cocaine And Marijuana
CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 ROCHESTER, N.Y. – U.S. Attorney Trini E. Ross announced today that Ralph Minni, 52, and Grace Marie Lopez, 30, of Greece, NY, were arrested and charged in…
Former Bank Branch Manager Sentenced To Prison For Tech Support Fraud Scheme That Exploited The Elderly
Damian Williams, the United States Attorney for the Southern District of New York, announced that defendant ARIFUL HAQUE was sentenced to one year and one day in prison for participating in a…
Former Defense Contractor Manager Pleads Guilty to Tax Evasion
WASHINGTON – A former manager for a defense contractor pleaded guilty today to tax evasion. According to court documents and…
Former Claims Manager for Michigan Unemployment Insurance Agency Pleads Guilty In COVID-19 Fraud Scheme
DETROIT – Jermaine Rose, a former lead claims examiner for the Michigan Unemployment Insurance Agency (MUIA), pleaded guilty yesterday to conspiracy to commit wire fraud arising out of his participation in a…
Orleans Parish Financial Manager Charged with Embezzling Over $200,000
NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that KATIE LAROCHE, age 53, from New Orleans, was charged on April 19, 2022 with wire fraud, based on her embezzlement of…
Owner of Counseling Agency and Supervising Manager Sentenced on Healthcare and Wire Fraud Charges
SHREVEPORT, La. – United States Attorney Brandon B. Brown announced that Marty T. Johnson and Keesha Dinkins were both sentenced today by United States District Judge Donald E. Walter in connection with…
Fund Manager Reade Griffith buys stake in Mediaset Espana amid takeover
MADRID – Fund manager Reade Griffith bought a minority stake in Spanish broadcaster Mediaset Espana after its parent company MediaForEurope launched a public takeover offer, a filing to the Spanish stock regulator…
Former Water District General Manager Indicted for $25 Million Water Theft and Tax Violations
FRESNO, Calif. — A federal grand jury returned a five-count indictment today against Dennis Falaschi, 75, of Aptos, California, charging him with conspiracy, theft of government property, and filing false tax returns,…
UBS names new manager for embattled Asia fund
By Xie Yu HONG KONG – UBS Group AG has appointed a new manager to oversee a $2 billion Asian high yield fund, the Swiss bank said in a statement, after a…
Project Manager for Mechanical Contractor Admits Role in Change Order Fraud Scheme
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that DON C. RICHARDS, 53, of Milford, waived his right to be indicted and pleaded guilty today before U.S. District…
Pendal says Perpetual’s offer significantly undervalues investment manager
(Reuters) -Pendal Group Ltd said on Tuesday the A$2.40 billion ($1.78 billion) non-binding takeover offer from asset manager Perpetual Ltd “significantly undervalued” the Australian investment manager. The A$6.23 per share offer for…
Former Caltrans Contract Manager Pleads Guilty to Bid Rigging and Bribery
A former contract manager for the California Department of Transportation (Caltrans) pleaded guilty today for his role in a bid-rigging and bribery scheme involving Caltrans improvement and repair contracts. According to a…
Colorado CEO and Fund Manager Admits to $11 Million Securities Fraud Scheme
NEWARK, N.J. – A Denver, Colorado, CEO today admitted conducting a securities scheme to fraudulently obtain $11 million from investors through various misrepresentations about fund operations, his background, and his contribution to…
Roswell escrow manager arraigned on charges of wire fraud and illegal transactions
ALBUQUERQUE, N.M. – Christopher Adam Jensen-Tanner, 43, of Roswell, New Mexico, was arraigned in federal court today on a 38-count indictment charging him with 34 counts of wire fraud and four counts…
Former Operations Manager of Local Technology Support Firm Sentenced to 24 Months in Custody in Seven-Year Fraud Scheme
SAN DIEGO – Matthew P. Hernandez, former manager of a small, San Diego-based technology support firm, was sentenced in federal court today to 24 months in custody for embezzling more than $350,000.…
Hong Kong replaces State Street as manager of largest ETF
By Selena Li HONG KONG – A supervisory body of Hong Kong’s central bank has decided to replace a unit of State Street Corp as manager of the territory’s largest exchange-traded fund…
Former Accounting Manager Pleads Guilty To Stealing From Chickasaw Nation
MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Christopher Wallace Covington, age 41, of Ada, Oklahoma, entered a guilty plea to an Information charging…
Ex-Savannah B&B manager sentenced to prison for embezzling more than half a million dollars
SAVANNAH, GA: The former manager of a Savannah bed and breakfast has been sentenced to federal prison after admitting she embezzled more than $500,000 from her employer. Chiquita Blake, 47, of Pooler,…
Former Manager at U.S. Auto Manufacturer Allegedly Accepted Over $3.4 Million in Bribes from Foreign Parts Supplier Seeking Contract
LOS ANGELES – A former manager at a U.S.-based automobile manufacturing company was taken into custody this morning after being indicted this week on a federal bribery charge alleging he solicited…
Former HP Planning Manager Pleads Guilty To $5+ Million Wire Fraud Scheme
OAKLAND – Shelbee Szeto pleaded guilty today to wire fraud, money laundering, and a relate tax charge in a scheme to defraud her former employer out of more than five million dollars,…
Former HP Planning Manager Pleads Guilty To $5+ Million Wire Fraud Scheme
OAKLAND – Shelbee Szeto pleaded guilty today to wire fraud, money laundering, and a relate tax charge in a scheme to defraud her former employer out of more than five million dollars,…
Las Vegas Apartment Complex Manager Pleads Guilty To Violating Clean Air Act Asbestos Regulations At Two Facilities
LAS VEGAS – Bobby Babak Khalili, of Los Angeles, California, pleaded guilty to renovating two apartment complexes in violation of federal Clean Air Act regulations intended to prevent human exposure to toxic…
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