Latest Fraud and false statements News

Business manager sentenced for defrauding Ne-Yo, McKnight

May. 17, 2019 4:18 PM EDT

NEWARK, N.J. (AP) — A New Jersey man who served as business manager for Ne-Yo has been sentenced in Ohio to more than seven years in prison for defrauding the R&B singer in a sports beverage scheme. Kevin Foster was convicted last year on 16 counts including wire fraud, money laundering and tax...

South Carolina tech firm, CEO indicted on fraud charges

May. 17, 2019 6:25 AM EDT

CHARLESTON, S.C. (AP) — A South Carolina technology company and its leader are accused of fraudulently obtaining numerical internet addresses worth a total of up to $14.4 million. The Post and Courier reports Micfo LLC and its CEO, 36-year-old Amir Golestan, were indicted this week in federal court on...

Maryland man pleads guilty in sprawling investment scam

May. 16, 2019 6:29 PM EDT

BALTIMORE (AP) — A bogus investment scheme that entrapped hundreds of individuals and corporate investors and might involve as much as a half-billion dollars has unraveled in guilty pleas for wire fraud and conspiracy from a Maryland man who prosecutors say amassed a fortune in luxury cars, costly wines...

'I won't forget': Trump pardons supportive ex-media mogul

May. 16, 2019 5:41 PM EDT

TORONTO (AP) — Flattery will get you everywhere. Former media mogul Conrad Black, who has lavished praise on U.S. President Donald Trump in countless columns and a political biography, has himself a full presidential pardon on his fraud and obstruction convictions. Trump had taken notice of Black's warm...

US, European officials bring charges in global malware case

May. 16, 2019 4:33 PM EDT

WASHINGTON (AP) — Ten people, including five Russian fugitives, have been charged in connection with malicious software attacks that infected tens of thousands of computers worldwide and sought to steal $100 million from victims, U.S. and European authorities announced Thursday. The malware enabled...

Indicted Georgia insurance commissioner suspends himself

May. 16, 2019 3:33 PM EDT

ATLANTA (AP) — Georgia's insurance commissioner says he will voluntarily suspend himself from office two days after being indicted on federal charges of wire fraud, mail fraud and money laundering. A 38-count indictment accuses Jim Beck of orchestrating an elaborate invoicing scheme to steal more than $2...

Russian TV channel uncovers fraud in talent show voting

May. 16, 2019 2:17 PM EDT

MOSCOW (AP) — Russia's Channel One TV on Thursday annulled the results of a popular TV talent show after uncovering evidence of fraud in its most recent competition that led to a landslide win for a pop star's daughter. Mikella Abramova, the 11-year-old daughter of former Eurovision contestant Alsou and...

Chicago woman sentenced for defrauding Kmart in 11 states

May. 16, 2019 1:35 PM EDT

HELENA, Mont. (AP) — A 40-year-old Chicago woman faces nearly four years in federal prison for using fraudulent federal nutrition benefit checks to purchase nearly $220,000 worth of items at Kmart stores in 11 states during a four-month crime spree. Lynada Laticia Mahone was arrested in Arizona, pleaded...

Author of flattering Trump biography gets pardon from Trump

May. 16, 2019 6:12 AM EDT

WASHINGTON (AP) — President Donald Trump on Wednesday granted a full pardon to Conrad Black, a former newspaper publisher who has written a flattering political biography of Trump. Black's media empire once included the Chicago Sun-Times and The Daily Telegraph of London. He was convicted of fraud in 2007...

Kemp calls for indicted insurance commissioner to resign

May. 15, 2019 7:27 PM EDT

ATLANTA (AP) — Gov. Brian Kemp called for the resignation of Georgia's insurance commissioner Wednesday after he was indicted on federal charges of wire fraud, mail fraud and money laundering that stem from alleged crimes that preceded his election. Kemp, in a letter to fellow Republican Jim Beck, asked...