Latest Fraud and false statements News

Manafort to be sentenced in February; appears in wheelchair

Oct. 19, 2018 3:53 PM EDT

ALEXANDRIA, Va. (AP) — A judge has set a February sentencing date for Paul Manafort, who appeared in court Friday for a post-trial hearing in a wheelchair and green jail jumpsuit. The hearing in federal court in Alexandria was largely procedural, but provided the first glimpse of the former Trump campaign...

The Latest: Judge sets Feb. 8 sentencing for Manafort

Oct. 19, 2018 3:25 PM EDT

ALEXANDRIA, Va. (AP) — The Latest on federal cases involving former Trump campaign chairman Paul Manafort (all times local): 2:15 p.m. Former Trump campaign chairman Paul Manafort has a February sentencing date on fraud charges after appearing in a Virginia courtroom in a green jail jumpsuit and a...

Mexico prosecutors find fraud in Venezuela food aid program

Oct. 18, 2018 7:51 PM EDT

MEXICO CITY (AP) — Prosecutors said Thursday that people linked to the Venezuelan government and Mexican companies conspired to overcharge Venezuela for basic food aid packages. Known as "CLAP" packages, the food is supposedly subsidized by Venezuela's socialist administration to provide a bare level of...

Former Microsoft director indicted on embezzlement charges

Oct. 18, 2018 2:10 PM EDT

SEATTLE (AP) — Federal prosecutors have charged a former Microsoft sports marketing director with five counts of wire fraud, accusing him of attempting to embezzle $1.5 million from the company and using his NFL connections to sell Super Bowl tickets for his own gain. Jeff Tran, 45, was the director of...

Report: European taxpayers bilked out of 55 billion euros

Oct. 18, 2018 10:21 AM EDT

BERLIN (AP) — A group of media outlets led by Germany's non-profit Correctiv are reporting traders have manipulated transactions in multiple European countries over years, draining tax coffers of some 55.2 billion euros ($63.5 billion). In Germany alone traders were able to garner 31.8 billion euros in...

Jury hears closing arguments at college hoops fraud trial

Oct. 17, 2018 6:15 PM EDT

NEW YORK (AP) — Lawyers at a trial exploring corruption in big-time college basketball clashed in closing arguments Wednesday over the question of whether major programs were harmed by an alleged scheme to give secret cash payments to the families of top recruits. Assistant U.S. Attorney Noah Solowiejczyk...

Minnesota House hopeful calls marriage, fraud claims 'lies'

Oct. 17, 2018 4:55 PM EDT

MINNEAPOLIS (AP) — A Minnesota Democratic candidate for Congress who is poised to become the first Somali-American elected to the U.S. House has denounced claims that she married her brother and committed immigration fraud as "disgusting lies," and says allegations of campaign finance violations are...

FBI: Sotheby's defrauded of $5 million in auction scheme

Oct. 17, 2018 2:27 PM EDT

NEW YORK (AP) — A fine art consultant in New York and an interior designer in Florida stole an elderly woman's identity and used it to bid millions of dollars on famous paintings and defraud the renowned Sotheby's auction house, federal prosecutors allege in court filings. Joakim von Ditmar and Antonio...

Woman convicted of fraud; FBI said she cast 'hoodoo' spells

Oct. 17, 2018 12:00 PM EDT

GREENBELT, Md. (AP) — An investment adviser was convicted Wednesday of charges she defrauded investors out of millions of dollars, some of which she used to pay more than $800,000 for prayers by Hindu priests in India to ward off federal investigators. A federal jury deliberated for roughly four hours over...

Students defrauded by colleges score win in court decision

Oct. 16, 2018 6:36 PM EDT

WASHINGTON (AP) — Students defrauded by for-profit colleges scored an important victory on Tuesday, when a court cleared the way for an Obama-era policy that will make it easier for them to get their student loans forgiven. Education Secretary Betsy DeVos had said the regulation, known as borrower defense,...