Latest Fraud and false statements News

Theranos founder Elizabeth Holmes faces cross-examination

Dec. 07, 2021 21:14 PM EST

SAN JOSE, Calif. (AP) — Former Theranos CEO Elizabeth Holmes spent another five hours on the witness stand Tuesday sparring with a federal prosecutor aiming to prove criminal allegations that she misled investors, customers, and patients about a flawed blood-testing technology that she spent...

Report: West Virginia unemployment fraud totals $83 million

Dec. 06, 2021 18:46 PM EST

PARKERSBURG, W.Va. (AP) — West Virginia paid about $83 million in fraudulent unemployment claims during 2020 because of the overwhelming number of claims processed by the state, a report shows. Released on Sunday, the audit prepared by the Legislature’s Performance Evaluation...

Former pharma executive charged with embezzling millions

Dec. 06, 2021 15:59 PM EST

NEWARK, N.J. (AP) — A former executive and owner of a pharmaceutical company embezzled millions of dollars from his company to use for personal expenses, the U.S. attorney's charged in a criminal complaint released Monday. John Klein allegedly took about $3.9 million from a...

Myanmar's Suu Kyi convicted in further blow to democracy

Dec. 06, 2021 12:55 PM EST

BANGKOK (AP) — Aung San Suu Kyi, the civilian leader of Myanmar who was ousted in a de facto coup this year, was convicted on two charges Monday and handed a four-year sentence that was quickly cut in half — in proceedings widely criticized as a further effort by the country’s military rulers...

Myanmar's Aung San Suu Kyi: The Legal Challenges

Dec. 06, 2021 01:32 AM EST

The four-year prison sentence given to ousted Myanmar leader Aung San Suu Kyi on Monday on charges of incitement and failing to observe pandemic restrictions is one small shot in a legal offensive intended to deal her and her National League for Democracy party a crippling political blow. ...

North Carolina Insurance Department accuses woman of fraud

Dec. 05, 2021 11:52 AM EST

RALEIGH, N.C. (AP) — A North Carolina woman involved in an automobile accident has been charged by the state Department of Insurance with trying to get payment from an insurance company even though her coverage had lapsed. According to a news release, the Greensboro...

Georgia inmate sentenced in fraud scheme run from prison

Dec. 05, 2021 11:50 AM EST

ROME, Ga. (AP) — A Georgia inmate will spend additional time behind bars after prosecutors say he used a cell phone from prison to try to steal millions of dollars worth of heavy equipment. The U.S. Attorney's Office in Atlanta said Wednesday that Damon Thomas Young was...

Italian dentist presents fake arm for vaccine to get pass

Dec. 04, 2021 05:29 AM EST

MILAN (AP) — A dentist in Italy faces possible criminal charges after trying to receive a coronavirus vaccine in a fake arm made of silicone. A nurse in the northern city of Biella, Filippa Bua, said she could tell right away that something was off when a man presented...

Florida man sentenced in West Virginia investment scheme

Dec. 03, 2021 17:29 PM EST

CLARKSBURG, W.Va. (AP) — A Florida man was sentenced to more than seven years in federal prison Friday for bilking more than a dozen investors out of nearly $5 million. Phillip W. Conley of Jacksonville, Florida, was sentenced in federal court in Clarksburg for his...

Indiana man gets 30 months in prison for defrauding employer

Dec. 03, 2021 11:12 AM EST

INDIANAPOLIS (AP) — A central Indiana man has been sentenced to 30 months in federal prison after pleading guilty to stealing $270,000 from an ophthalmology practice where he worked through a fraud scheme. A federal judge also ordered Joshua D. Millspaugh, the former...