Latest Fraud and false statements News

2 Utah polygamous group members plead guilty in tax scheme

Jul. 19, 2019 7:07 PM EDT

SALT LAKE CITY (AP) — Two executives of a Salt Lake City biodiesel company linked to a polygamous group have pleaded guilty to charges filed in what prosecutors have called a $511 million tax credit scheme, according to documents made public Friday. Washakie Renewable Energy once described itself as the...

Ex-Nevada Senate Democrat sentenced for campaign fund fraud

Jul. 18, 2019 4:50 PM EDT

LAS VEGAS (AP) — A former top Nevada Democratic lawmaker was sentenced Thursday to more than two years in federal prison and fined almost $250,000 for misusing campaign funds to pay personal bills and open a downtown Las Vegas nightclub where he hosted political fundraisers. Ex-Senate Majority Leader...

The Latest: Greece: 10 arrested over migrants medical fraud

Jul. 18, 2019 2:23 PM EDT

ANKARA, Turkey (AP) — The Latest on migration flows to Europe (all times local): 9:20 p.m. A doctor, two medical staff members, and a translator have been arrested at a state-run camp for migrants and refugees in Greece, accused of issuing medical notes for non-existent conditions to exempt migrants from...

Court upholds 'Pharma Bro' Martin Shkreli's conviction

Jul. 18, 2019 12:54 PM EDT

NEW YORK (AP) — A federal appeals court upheld the securities fraud conviction against former drug company CEO Martin Shkreli, known as "Pharma Bro," on Thursday, along with a $7.3 million forfeiture of assets. A judge sentenced Shkreli to seven years in prison last year for his conviction on charges he...

The Latest: Shkreli lawyer disappointed by upheld conviction

Jul. 18, 2019 12:09 PM EDT

NEW YORK (AP) — The Latest on a federal appeals court upholding the securities fraud conviction against former drug company CEO Martin Shkreli (all times local): ___ 12:10 p.m. Martin Shkreli's lawyer has expressed disappointment after a federal appeals court upheld the securities fraud conviction against...

Prosecutors say father intentionally drove boys off pier

Jul. 17, 2019 4:50 PM EDT

LOS ANGELES (AP) — A man was charged Wednesday with capital murder after prosecutors say he drove his family off a Los Angeles pier, killing his two severely autistic sons. Ali Elmezayen (EL-mah-ZION) faces two counts of murder and one count of attempted murder and there's a special circumstance allegation...

Former tech company employee sentenced for embezzling $1.9M

Jul. 17, 2019 10:31 AM EDT

ST. LOUIS (AP) — A former Missouri technology company employee has been sentenced to three years in federal prison for embezzling $1.9 million. The St. Louis Post-Dispatch reports that 45-year-old Leaman George Crews III also was ordered Tuesday to repay the money. Prosecutors say Crews used a company...

Feds: Microsoft worker stole millions in digital currency

Jul. 16, 2019 7:09 PM EDT

SEATTLE (AP) — A former Microsoft worker has been charged in what investigators describe as a scheme to steal $10 million in digital currency. The U.S. attorney's office in Seattle says 25-year-old Ukrainian citizen Volodymyr Kvashuk helped test Microsoft's online retail sales platform. He's accused of...

Prosecutor: Israeli woman oversaw $145M investor fraud plot

Jul. 16, 2019 6:57 PM EDT

GREENBELT, Md. (AP) — Recorded telephone calls, company emails and videotaped evidence will show that an Israeli woman oversaw a "massive" scheme to defraud tens of thousands of investors across the globe out of tens of millions of dollars, a federal prosecutor told jurors Tuesday. "She trained (employees)...

Lawyer sentenced to 5 years for scamming Barkley, others

Jul. 16, 2019 6:52 PM EDT

BIRMINGHAM, Ala. (AP) — A lawyer convicted of swindling NBA star Charles Barkley and using the name of former Secretary of State Condoleezza Rice to bolster an investment scam was sentenced to five years in prison Tuesday. U.S. District Judge Karon O. Bowdre also ordered Donald Watkins to pay about $14...