NEWARK, N.J. – A property developer and manager from Indiana today admitted his role in a scheme to defraud real estate investors, U.S. Attorney Philip R. Sellinger announced. Herbert Whalen,…
MIDLAND – Last week a federal grand jury in Midland returned an indictment charging a Keller, Texas man with operating a Ponzi scheme. According to court documents, Marco Perez, Jr.,…
Assistant U. S. Attorneys Daniel C. Silva, Mark W. Pletcher, Lisa Sanniti, and Carl Brooker NEWS RELEASE SUMMARY – February 25, 2022 SAN DIEGO – A federal grand jury returned…
BOYNTON BEACH, FL – Around 12:55 pm on February 17th Deputies responded to a 911 call advising a male and female were unresponsive inside their residence. Upon arrival deputies located…
LOS ANGELES – A Los Angeles man was sentenced today to 240 months in federal prison for operating a Ponzi scheme that raised at least $650 million with bogus…
U.S. Attorney Bridget M. Brennan announced that Tara M. Brunst, 47, of Olmsted Falls, Ohio, pleaded guilty in federal court today to participating in an investment fraud scheme that stole…
Assistant U. S. Attorneys Oleksandra Johnson (619) 546-9769 and Valerie H. Chu (619) 546-6750 NEWS RELEASE SUMMARY – January 3, 2022 SAN DIEGO – Alexander Avergoon, a longtime San Diego…
NEWARK, N.J. – A former Hudson County, New Jersey, couple was sentenced today for operating a Ponzi scheme in which they defrauded approximately 30 investors by making extraordinary guarantees about…
NEWARK, N.J. – A former Hudson County, New Jersey, couple was sentenced today for operating a Ponzi scheme in which they defrauded approximately 30 investors by making extraordinary guarantees about…
SACRAMENTO, Calif. — Joseph W. Bayliss, 46, of Martinez, was sentenced today to three years in prison and ordered to pay $481.3 million in restitution for participating in a billion-dollar…
RALEIGH, N.C. – A Raleigh man was sentenced today to ten years in prison on charges of Wire Fraud, in violation of Title 18, United States Code, Section 1343, and…
SACRAMENTO, Calif. — An owner of DC Solar, a Benicia-based company, was sentenced today for a billion-dollar Ponzi scheme— the biggest criminal fraud scheme in the history of the Eastern…
Acting United States Attorney Dennis R. Holmes announced that a Corsica, South Dakota, man convicted of Wire Fraud and Money Laundering was sentenced on November 4, 2021, by U.S. District…
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 ROCHESTER, NY – U.S. Attorney Trini E. Ross announced today that John Piccarreto, Jr., 38, of Rochester, NY, who was convicted of conspiracy…
CHICAGO — A suburban Chicago businessman who schemed with an attorney and two others to sell millions of dollars in phony mortgages has been sentenced to eleven years in federal…
LOS ANGELES – A Los Angeles man pleaded guilty this afternoon to a federal securities fraud charge and admitted operating a Ponzi scheme that raised at least $650 million…
NEWARK, N.J. – A Kansas man who executed an elaborate foreign currency Ponzi scheme that took in more than $900,000 from investors was sentenced today to 36 months in prison,…
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,…