Latest False financial statements News

Ex-alderman who's part of Daley family sentenced to 4 months

Jul. 06, 2022 18:31 PM EDT

CHICAGO (AP) — A grandson and nephew of Chicago's two longest-serving mayors was sentenced to four months in prison Wednesday after being convicted of tax crimes and making false statements. Patrick Daley Thompson, 52, was accused of falsely claiming mortgage interest deductions...

2 accused of fraud in applying for $5M in CARES Act loans

Jul. 01, 2022 09:33 AM EDT

CONCORD, N.H. (AP) — Two men have been indicted by a federal grand jury in New Hampshire on multiple fraud charges alleging that they falsely applied for $5 million in federal CARES Act loans for companies and misused some of the proceeds, including one man's purchase of a Rolls Royce. ...

Massachusetts man pleads guilty in pandemic loan fraud case

Jun. 23, 2022 09:09 AM EDT

BOSTON (AP) — A Massachusetts man who lied on his application for federal coronavirus business stimulus funds and then used some of the $400,000 he received to pay his mortgage has pleaded guilty to wire fraud, federal prosecutors said. Adley Bernadin, 44, of Stoughton, entered his...

Man gets more than 3 years in prison for $13M COVID-19 fraud

Jun. 17, 2022 15:48 PM EDT

BOSTON (AP) — A Massachusetts businessman convicted of fraudulently seeking more than $13 million in federal coronavirus pandemic relief loans has been sentenced to more than three years in prison. Elijah Majak Buoi, 40, of Winchester, was also sentenced to three years of...

FBI seizes retired general's data related to Qatar lobbying

Jun. 07, 2022 23:19 PM EDT

The FBI has seized the electronic data of a retired four-star general who authorities say made false statements and withheld “incriminating” documents about his role in an illegal foreign lobbying campaign on behalf of the wealthy Persian Gulf nation of Qatar. New federal court...

'Chrisley Knows Best' stars to stand trial in Atlanta

May. 14, 2022 10:28 AM EDT

ATLANTA (AP) — A federal trial for reality television stars Todd and Julie Chrisley on charges including bank fraud and tax evasion is set to start Monday in Atlanta. The trial is getting underway just days after E! announced that it is moving forward with a new dating series,...