Latest Fraud and false statements News

Jury takes fraud case against Elizabeth Holmes's ex-partner

Jun. 24, 2022 18:28 PM EDT

SAN JOSE, Calif. (AP) — The fate of hard-nosed technology executive Ramesh “Sunny” Balwani is now in the hands of a jury that will weigh criminal charges alleging he joined disgraced Theranos CEO Elizabeth Holmes, his former partner, in an elaborate fraud that jarred Silicon Valley. ...

Mississippi man gets 30 months for COVID-related wire fraud

Jun. 24, 2022 16:13 PM EDT

GULFPORT, Miss. (AP) — A Mississippi man has been sentenced to 30 months in prison for wire fraud related to the COVID-19 coronavirus pandemic, federal authorities said. Court documents show Hancock County Sheriff's deputies arrested Trevon Evans, 25, of Kiln, on Aug. 3, 2020, in...

Jan. 6: Pressure, unsung heroes and Trump's Watergate echoes

Jun. 24, 2022 15:16 PM EDT

WASHINGTON (AP) — The House Jan. 6 committee launched under deep political skepticism: What more could be said about the deadly insurrection at the Capitol in 2021 that played out for all the world to see? Quite a lot, it turns out. The public hearings this month...

Ex-Washington state employee pleads guilty to pandemic fraud

Jun. 24, 2022 11:56 AM EDT

TACOMA, Wash. (AP) — A former employee of Washington state’s Employment Security Department pleaded guilty to three federal felonies for exploiting his employment for personal enrichment and fraudulently distributing at least $360,000 in pandemic-related unemployment benefits, prosecutors said....

NC doctor indicted in medical equipment scheme

Jun. 24, 2022 08:35 AM EDT

CHARLOTTE, N.C. (AP) — A North Carolina doctor has been indicted in connection with a scheme that defrauded federal programs of more than $11 million, a U.S. attorney said. Dena J. King, U.S. Attorney for the Western District of North Carolina, said in a news release that Sudipta...

Hearing: Trump told Justice Dept. to call election 'corrupt'

Jun. 23, 2022 22:30 PM EDT

WASHINGTON (AP) — Donald Trump hounded the Justice Department to pursue his false election fraud claims, striving in vain to enlist top law enforcement officials in his desperate bid to stay in power and relenting only when warned in the Oval Office of mass resignations, according to testimony...

Takeaways: Trump risked provoking 'constitutional crisis'

Jun. 23, 2022 21:08 PM EDT

WASHINGTON (AP) — The House Jan. 6 committee used Thursday's hearing to show how Donald Trump tried to install a loyalist atop the Justice Department who would pursue his false claims of voter fraud and stop the certification of the 2020 election that Democrat Joe Biden won. It's...

Former pharma employee admits role in insider trading scheme

Jun. 23, 2022 11:05 AM EDT

NEWARK, N.J. (AP) — A former communications director at a pharmaceutical company has pleaded guilty in what authorities said was an insider trading scheme involving a breast cancer drug. Lauren Wood pleaded guilty Wednesday in Newark to one count of securities fraud and is...

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...

UN expert: Myanmar's pledge for clean polls 'preposterous'

Jun. 23, 2022 04:22 AM EDT

KUALA LUMPUR, Malaysia (AP) — Military-ruled Myanmar's promise of free and fair elections next year is “preposterous,” a U.N. expert said Thursday as he warned the international community not to fall for the army regime's propaganda to legitimize its rule. Tom Andrews, the U.N....