Latest Fraud and false statements News

Second businessman accused of defrauding investors on trial

Apr. 24, 2019 8:15 AM EDT

SIOUX FALLS, S.D. (AP) — A second South Dakota businessman accused of defrauding investors in a scheme to build an $11 million fish farm is on trial in federal court. Timothy Burns is charged with wire fraud and aiding and abetting for his alleged role in soliciting investors for Global Aquaponics in...

Former FSU player to plead guilty to tax fraud charges

Apr. 24, 2019 5:38 AM EDT

TALLAHASSEE, Fla. (AP) — A Florida attorney who started at linebacker for Florida State's 1993 national championship team is pleading guilty to federal tax fraud charges. Court records show that 46-year-old Ken Alexander agreed to plead guilty earlier this month to three of 12 charges he had been facing as...

Future of Northwest e-recycler unclear after fraud sentences

Apr. 23, 2019 9:06 PM EDT

SEATTLE (AP) — The future of one of the Northwest's largest electronics recyclers is uncertain after a judge sentenced its founders to prison for what prosecutors described as the largest known fraud of its type in the nation: a seven-year scheme to ship dangerous waste to Hong Kong, rather than safely...

Ex-USC coach, parent to plead guilty in college bribery scam

Apr. 23, 2019 5:21 PM EDT

BOSTON (AP) — A former University of Southern California soccer coach and a California insurance executive became the latest people to agree to plead guilty in a college admissions cheating scandal that has netted prominent parents and Hollywood stars, federal prosecutors said Tuesday. Laura Janke, who was...

Ex-NFL player convicted of fraud seeks new judge for retrial

Apr. 23, 2019 8:45 AM EDT

RICHMOND, Va. (AP) — A former University of Virginia and pro football player convicted of scamming people out of $10 million is seeking a new judge for the retrial of the case. The Richmond Times-Dispatch reports 39-year-old Merrill Robertson Jr. says the current judge is biased, having sentenced him to 40...

Michigan AG plans crackdown on worker misclassification

Apr. 22, 2019 9:03 PM EDT

LANSING, Mich. (AP) — Michigan Attorney General Dana Nessel said Monday her office will target businesses that cheat their employees of wages, pledging a forceful crackdown on what she called an under-the-radar problem that also lets companies dodge taxes. "Our office intends to be as aggressive as...

Jury selected in 2nd trial over NCAA recruitment

Apr. 22, 2019 6:57 PM EDT

NEW YORK (AP) — A jury was selected Monday to hear evidence in the trial of an aspiring agent and a former amateur coach charged with bribing big-school coaches to boost their business prospects with amateur basketball players. Opening statements by lawyers were scheduled to occur Tuesday morning in...

Family charged with scheme to get Masters tickets for resale

Apr. 22, 2019 6:41 PM EDT

AUGUSTA, Ga. (AP) — Four members of a Texas family have been charged with federal crimes in what prosecutors say was a scheme that used stolen identities to get tickets to the Masters golf tournament, then resell those tickets at a healthy profit. Documents filed in U.S. District Court in Augusta don't say...

Sports drink con man pleads guilty to fraud in Los Angeles

Apr. 22, 2019 6:24 PM EDT

LOS ANGELES (AP) — A Los Angeles man who claimed to be a soft drink entrepreneur who worked with Stephen Curry and Shaquille O'Neal has pleaded guilty to a $5 million Ponzi scheme. Khemraj Hardat entered pleas Monday to five charges of wire fraud and could face up to 100 years in prison. Hardat, a Canadian...

Ex-director of Starkville parks pleads guilty in fraud case

Apr. 22, 2019 5:54 PM EDT

STARKVILLE, Miss. (AP) — A former parks and recreation director for a Mississippi city has pleaded guilty for his part in a fraud case that saw multiple former parks employees and contractors arrested. The Commercial Dispatch reports 53-year-old Herman Peters pleaded guilty Monday to conspiracy to defraud...