Latest Fraud and false statements News

Ex-broker charged with fraud blames sloppy paperwork

Jan. 27, 2020 4:23 PM EST

SCRANTON, Pa. (AP) — A former Pennsylvania financial planner who was ordered to pay millions of dollars in damages to customers he allegedly tricked into high-risk investments took the stand at his criminal fraud trial Monday and blamed some of his woes on sloppy paperwork. Anthony Diaz, who was kicked out...

File - In this Oct. 23, 2019, file photo, McGregor Scott, the U.S. Attorney for the Eastern District of California, looks over a 2007 Ford Shelby GT500 displayed in Sacramento, Calif., that was among the vehicles seized by the federal government to be auctioned off. The cars belonged to owners of a San Francisco Bay Area solar energy company that have pleaded guilty for participating in what federal prosecutors called a massive Ponzi scheme that defrauded investors of $1 billion. Jeff and Paulette Carpoff entered pleas Friday, Jan. 24, 2020, involving the scam that could result in up to 30 years in prison for him, and up to 15 years in prison for her. (AP Photo/Rich Pedroncelli, File)

California couple pleads guilty to plotting $1B Ponzi scheme

Jan. 24, 2020 5:06 PM EST

SACRAMENTO, Calif. (AP) — The owners of a San Francisco Bay Area solar energy company pleaded guilty Friday to charges that they plotted a massive Ponzi scheme that defrauded investors of $1 billion. As part of their plea deal, prosecutors said the husband and wife team from Martinez agreed to forfeit...

FILE - In this Wednesday, Dec. 13, 2017 file photo, Russian cybercrime suspect Alexander Vinnik, left, arrives at Greece's supreme court in Athens. Greece's justice minister has signed an order on Friday, Dec. 20, 2019, for bitcoin fraud suspect Alexander Vinnik to be extradited to France - concluding an international legal battle surrounding the Russian former cryptocurrency trading platform operator. (AP Photo/Petros Giannakouris, file)

France charges bitcoin expert Vinnik with money laundering

Jan. 24, 2020 11:03 AM EST

PARIS (AP) — French officials have filed preliminary charges of money laundering and extortion against Russian bitcoin fraud suspect Alexander Vinnik, who's tangled in a multi-country legal battle. The United States also wants to prosecute Vinnik, accusing him of laundering billions of dollars through...

Missouri doctor indicted in alleged fentanyl fraud scheme

Jan. 23, 2020 8:10 PM EST

SPRINGFIELD, Mo. (AP) — A federal grand jury on Thursday indicted a southwest Missouri physician accused of receiving tens of thousands of dollars in kickbacks for prescribing fentanyl spray to hundreds of patients in a $2.4 million medical fraud scheme. Randall D. Halley, 63, of Nixa, was charged in a...

Russian pleads guilty in Virginia to large-scale card fraud

Jan. 23, 2020 6:31 PM EST

ALEXANDRIA, Va. (AP) — A Russian national pleaded guilty Thursday to running a website that helped people commit more than $20 million in credit-card fraud. Aleksei Burkov, 29, of St. Petersburg, Russia, entered the plea to charges including fraud and money laundering in a federal court in Alexandria. He...

FILE - In this Wednesday, Dec. 13, 2017 file photo, Russian cybercrime suspect Alexander Vinnik, left, arrives at Greece's supreme court in Athens. Greece's justice minister has signed an order on Friday, Dec. 20, 2019, for bitcoin fraud suspect Alexander Vinnik to be extradited to France - concluding an international legal battle surrounding the Russian former cryptocurrency trading platform operator. (AP Photo/Petros Giannakouris, file)

Greek high court upholds Vinnik extradition order to France

Jan. 23, 2020 6:22 PM EST

ATHENS, Greece (AP) — A Greek high court on Thursday rejected Russian bitcoin fraud suspect Alexander Vinnik's final appeal against his extradition to France, ending a more than two-year legal tug-of-war between three countries seeking to put him on trial. Vinnik's Greek lawyer, Zoi Konstandopoulou, said...

Meng Wanzhou, chief financial officer of Huawei, leaves her home to go to B.C. Supreme Court in Vancouver, Thursday, January, 23, 2020. Wanzhou is in court for hearings over an American request to extradite the executive of the Chinese telecom giant Huawei on fraud charges. (Jonathan Hayward/The Canadian Press via AP)

First stage of extradition hearing for top Huawei exec ends

Jan. 23, 2020 4:55 PM EST

VANCOUVER, British Columbia (AP) — A Canadian judge said Thursday she will announce her decision at a later date after ending the first phase of an extradition hearing that will decide whether a top executive of Chinese tech giant Huawei is sent to the United States. This week's hearings dealt with the...

Former executive sentenced in $1.8 million embezzling case

Jan. 23, 2020 4:02 PM EST

ST. LOUIS (AP) — A former human resources director from St. Louis was sentenced Thursday to three years in prison for embezzling more than $1.8 million from her employer. Nicole Scott, 42, also must pay back the money. She pleaded guilty in October to one federal count of wire fraud. Federal prosecutors...

Venezuelan sentenced in $250,000-monthly ATM skimming scheme

Jan. 23, 2020 7:21 AM EST

RALEIGH, N.C. (AP) — A Venezuelan man who pleaded guilty to stealing debit and credit card information from ATMs has been sentenced to four years in prison. Ricardo Abdel and his conspirators installed pinhole cameras at ATM machines in Georgia, Florida and California to record card and pin numbers, and...

Former Baltimore lawmaker pleads guilty to bribery, fraud

Jan. 22, 2020 6:05 PM EST

BALTIMORE (AP) — A former Maryland state lawmaker and leading advocate of marijuana legalization pleaded guilty Wednesday to bribery and fraud charges after being accused of accepting more than $33,000 in exchange for granting various legislative favors, including work relevant to the pot industry. Cheryl...