Latest Fraud and false statements News

Nearly 12,000 Vermont businesses share over $1.1 billion

Jul. 6, 2020 5:48 PM EDT

Nearly 12,000 small businesses in Vermont shared a total of more than $1.1 billion in funding from a federal government lending program to keep small businesses open and workers employed amid the coronavirus outbreak, according to data released by the U.S. Small Business Administration on Monday. The recipients...

Couple sentenced to 2 years for stealing from disabled mom

Jul. 6, 2020 5:45 PM EDT

DUBUQUE, Iowa (AP) — A Dubuque man and his wife have been sentenced to federal prison for stealing more than $200,000 from his disabled mother. The U.S. attorney's office said in a news release Monday that 66-year-old H. David Derby was sentenced to 26 months and 52-year-old Patti Lynn Derby to 24 months...

Former U.S. Attorney General Jeff Sessions speaks to reporters during a campaign stop at Sweet Creek restaurant and farmers market, south of Montgomery, Ala., Monday, July 6, 2020. Sessions faces former Auburn University football Coach Tommy Tuberville in the July 14 Republican runoff. Sessions held the seat for 20 years before resigning to become President Donald Trump’s first attorney general. (AP Photo/Kim Chandler)

Sessions steps up attacks on Tuberville ahead of runoff

Jul. 6, 2020 5:31 PM EDT

MONTGOMERY, Ala. (AP) — Former U.S. Attorney General Jeff Sessions on Monday stepped up attacks against his Senate primary rival, accusing former Auburn University football coach Tommy Tuberville of hiding and being unprepared for Washington. Sessions, speaking in Montgomery at the start of a statewide...

2 New Jersey men charged in $10M bank fraud scheme

Jul. 6, 2020 5:25 PM EDT

BALTIMORE (AP) — Two New Jersey men have been charged in Maryland with participating in a bank fraud scheme that led to more than $10 million in losses from hundreds of credit and debit card transactions, authorities said Monday. Federal prosecutors in Baltimore said the fraud involved 76 businesses,...

FILE - In this Nov. 26, 2019 file photo, Paul Erickson leaves the federal courthouse, in Sioux Falls, S.D. Erickson, a former conservative operative who was once linked to a Russian agent has been sentenced to seven years in federal prison on Monday, July 6, 2020, in South Dakota. (Abigail Dollins/The Argus Leader via AP File)

South Dakota man linked to Russian spy sentenced for fraud

Jul. 6, 2020 5:00 PM EDT

SIOUX FALLS, S.D. (AP) — A former conservative operative who was once romantically linked to a Russian agent was sentenced Monday to seven years in federal prison in South Dakota. Paul Erickson pleaded guilty to wire fraud and money laundering as part of fraudulent investment schemes he operated for many...

File---Picture taken June 24, 2020 shows the Wirecard logo at the headquarters of the payment service provider in Aschheim, Germany.  (Sven Hoppe/picture-alliance/dpa via AP, file)

Second executive arrested in Wirecard scandal in Germany

Jul. 6, 2020 10:37 AM EDT

FRANKFURT, Germany (AP) — Another executive with bankrupt payment company Wirecard has been arrested in Germany on suspicion of aggravated fraud, prosecutors said Monday. The suspect, the head of a company subsidiary in Dubai, had returned to Germany to face proceedings. The arrest comes after former CEO...

4 years: bilked eBay customers out of nearly $2M in 5 weeks

Jul. 4, 2020 10:34 AM EDT

MONROE, La. (AP) — A 66-year-old Louisiana man has been sentenced to four years in prison and ordered to repay nearly $1.4 million for online customers who paid him for gold bullion or coins. Randall Keith Byrd of West Monroe bilked eBay customers out of nearly $2 million over five weeks in March and June...

California surgeon charged in $52M sober living fraud

Jul. 3, 2020 6:50 PM EDT

SANTA ANA, Calif. (AP) — A Beverly Hills, California, surgeon and his girlfriend have pleaded not guilty to taking part in a $52 million insurance fraud scheme that involved recruiting patients at Southern California sober living homes to undergo unnecessary surgeries and other procedures, prosecutors said...

Nigerian man charged with cyber fraud against US companies

Jul. 3, 2020 2:51 PM EDT

CHICAGO (AP) — A Nigerian national appeared in federal court in Chicago Friday accused of orchestrating an international cyber fraud scheme that federal prosecutors say defrauded U.S. businesses in six states out of tens of millions of dollars. Olalekan Jacob Ponle, 29, originally of Lagos, Nigeria, was...

Police: 66 more charges in farm-related fraud case

Jul. 3, 2020 11:57 AM EDT

BENNINGTON, Vt. (AP) — Vermont State Police have filed dozens more fraud charges against a Shaftsbury man, accusing him of defrauding people in deals involving hay, maple syrup, farm equipment and collectible model cars. Richard Blackmer, Jr., 38, was initially arrested in April, after a monthslong...