Latest Fraud and false statements News

Tokyo-Vegas investment chief gets 50 years in huge scheme

May. 23, 2019 7:08 PM EDT

LAS VEGAS (AP) — The former head of a Tokyo and Las Vegas investment firm was sentenced Thursday to 50 years in prison for bilking thousands of Japanese victims in what prosecutors called a $1.5 billion international Ponzi scheme that ranks among the largest-ever fraud cases in the U.S. Defendant Edwin...

Arizona man accused of burying his dead mom in his backyard

May. 23, 2019 6:15 PM EDT

SAN TAN VALLEY, Ariz. (AP) — An Arizona man has been arrested for allegedly burying his dead mother in his backyard to continue receiving her Social Security checks and Veterans Affairs benefits. Pinal County Sheriff's officials say 66-year-old Daniel Shannon of San Tan Valley is jailed on suspicion of...

'Real Housewives' husband wins reprieve in deportation fight

May. 23, 2019 11:45 AM EDT

NEWARK, N.J. (AP) — A federal court has ruled that the husband of "Real Housewives of New Jersey" cast member Teresa Giudice can stay in the U.S. as he appeals deportation to his native Italy. The 3rd U.S. Circuit Court of Appeals in Philadelphia delayed Joe Giudice's deportation in an order published...

Corruption trial opens for scandal-mired Hawaii power couple

May. 22, 2019 10:29 PM EDT

HONOLULU (AP) — The former Honolulu deputy prosecutor accused of framing her uncle to keep him from exposing financial fraud that supported the lavish lifestyle of her and her husband -- a now-retired city police chief -- comes from a big family with complicated relationships, her defense attorney said...

Ski resort leaders, businessman indicted on fraud charges

May. 22, 2019 5:25 PM EDT

BURLINGTON, Vt. (AP) — The former owner and former president of a Vermont ski resort accused in a multimillion-dollar fraud case were indicted on federal charges unsealed Wednesday over a failed plan to build a biotechnology plant using foreign investors' money. The charges are against Jay Peak's former...

Prominent upstate New York landlord indicted for fraud

May. 22, 2019 5:12 PM EDT

BUFFALO, N.Y. (AP) — Prominent upstate New York landlord Robert Morgan was charged Wednesday in a 114-count federal indictment with inflating property values in his expansive real estate portfolio to secure more than $500 million in loans. The indictment also named Morgan's son, Todd Morgan, and two other...

The Latest: Prosecutor says ski resort execs, others lied

May. 22, 2019 4:09 PM EDT

BURLINGTON, Vt. (AP) — The Latest on the indictment of officials in what prosecutors say was a fraudulent Vermont investment plan (all times local): ____ 4:05 p.m. Vermont's top federal prosecutor says four men indicted on federal criminal charges lied about their plan to build a biotech facility using...

Couple who accused Georgia Tech's Pastner charged

May. 22, 2019 3:13 PM EDT

ORO VALLEY, Ariz. (AP) — An Arizona couple is facing more criminal charges for allegedly trying to implicate Georgia Tech basketball coach Josh Pastner in a sexual assault, according to court records. Prosecutors in Oro Valley, where Ron Bell lives, brought additional charges against him Friday, the...

Virginia airline founder charged with fraud, tax evasion

May. 22, 2019 10:01 AM EDT

NEWPORT NEWS, Va. (AP) — The leader of an ill-fated effort to revive the People Express airline has been indicted on fraud and tax evasion charges. The Daily Press reports Michael D. Morisi was arrested Tuesday, accused of defrauding creditors of nearly $448,000. An indictment says he used most of the...

Tens of thousands of Czech protest, demand minister quits

May. 21, 2019 3:32 PM EDT

PRAGUE (AP) — Tens of thousands of protesters rallied in the Czech capital Tuesday as demands intensified for the resignation of the new justice minister. The protesters say the minister might compromise the legal system at a time when prosecutors have to decide whether to indict Prime Minister Andrej...