Latest Fraud and false statements News
College bribery scheme tipster sentenced for financial fraud
LOS ANGELES (AP) — A Los Angeles financier who tipped authorities to the college admissions cheating scheme was sentenced to prison Wednesday for trying to cheat stock investors out of $15 million. Morrie Tobin, 57, was sentenced to a year and a day in prison by a federal judge in Boston who acknowledged...
CEO in scheme that left workers without paychecks pleads
ALBANY, N.Y. (AP) — The former head of payroll company pleaded guilty Wednesday to federal charges related to a scheme that caused more than $100 million in losses to banks and businesses and left thousands of workers at small businesses without paychecks. Former ValueWise CEO Michael Mann faces from 17...
FBI arrests 7th person in Puerto Rico public corruption case
SAN JUAN, Puerto Rico (AP) — Federal agents on Wednesday arrested an accountant in a corruption investigation involving Puerto Rico's former education secretary. FBI spokeswoman Limary Cruz identified the man as Aníbal Jover, who once was president of Puerto Rico’s Association of Certified...
Constraints gone, GOP ramps up effort to monitor voting
WASHINGTON (AP) — For years, the state of Pennsylvania has had strict rules about who can stand in polling stations and challenge the eligibility of voters. The restrictions are meant to limit the use of “poll monitors” long sent by both parties to look out for voting mishaps but at times...
AP FACT CHECK: Trump's smoke and mirrors on executive orders
WASHINGTON (AP) — President Donald Trump isn't telling the full story when it comes to executive orders on coronavirus relief payments and health care. Over the weekend, the president suggested that his move to bypass Congress with executive action calling for up to $400 in weekly unemployment assistance...
AP FACT CHECK: Trump misleads on mail ballots, virus vaccine
WASHINGTON (AP) — It was a week of relentless attacks by President Donald Trump and his allies on mail-in voting for the November election, and truth took a beating at every turn. Fearing a pandemic-induced surge in such voting will work against him, Trump persisted in arguing that fraud is rampant for...
Humira maker to settle California lawsuit for $24 million
OAKLAND, Calif. (AP) — The maker of the drug Humira will pay $24 million to settle a California lawsuit that alleged it violated an insurance fraud law, the state Department of Insurance announced Thursday. AbbVie Inc. agreed to change the way it markets Humira but continues to deny wrongdoing, according...
China sentences 3rd Canadian to death on drug charges
BEIJING (AP) — China has sentenced a third Canadian citizen to death on drug charges amid a steep decline in relations between the two countries. The Guangzhou Municipal Intermediate Court announced Xu Weihong’s penalty on Thursday and said an alleged accomplice, Wen Guanxiong, had been given a life...
Lawyer: Michael Cohen has offer to be a political consultant
NEW YORK (AP) — President Donald Trump’s former personal lawyer has been offered work as a consultant and to make media appearances for a political action committee, his lawyer said Wednesday. Michael Cohen hopes to accept the offer to work on the committee’s behalf, attorney Danya Perry told...
Prosecutors: Texas man stole $1.6M in COVID-19 relief money
HOUSTON (AP) — Federal prosecutors say a Houston man bilked the government out of $1.6 million in COVID-19 business relief funding and spent some of the money on a Lamborghini, jewelry and trips to strip clubs, among other things. Lee Price III, 29, is charged with making false statements to a financial...
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