Latest Fraud and false statements News

Power Rangers actor charged with paycheck protection fraud

May. 20, 2022 18:48 PM EDT

PLANO, Texas (AP) — The actor who played Red Power Ranger in the “Mighty Morphin Power Rangers” films and television series has been charged with wire fraud conspiracy relating to the federal Paycheck Protection Program, officials said. Jason Lawrence Geiger, 47, of McKinney,...

Wisconsin man sentenced in $2.4 million investment scheme

May. 20, 2022 18:19 PM EDT

MILWAUKEE (AP) — A Wisconsin man convicted in a $2.4 million investment scheme involving more than 20 victims has been sentenced to nearly three years in prison. Jeremy Arrington, 44, of Middleton, pleaded guilty earlier to one count of wire fraud. Authorities say several of the...

Former sheriff gets 12 years for bribery, money laundering

May. 20, 2022 17:46 PM EDT

NORFOLK, Va. (AP) — A former Tidewater Virginia sheriff was sentenced Friday to 12 years in prison for bribery and money laundering. Former Norfolk Sheriff Bob McCabe apologized to the court before the sentence was issued, news outlets reported. McCabe was ordered into custody in...

Judge dismisses lawsuit against Musk, Tesla and Twitter fan

May. 20, 2022 16:52 PM EDT

SAN FRANCISCO (AP) — A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk's supporters and Tesla. In an order filed Thursday, Judge James Donato threw out the lawsuit by the investor,...

Former Georgia insurance commissioner Oxendine indicted

May. 20, 2022 15:16 PM EDT

ATLANTA (AP) — A former Georgia insurance commissioner has been indicted on federal charges related to an alleged health care scheme. A federal grand jury on Tuesday indicted John Oxendine on charges of conspiracy to commit health care fraud and conspiracy to commit money...

SEC accuses North Carolina man of operating Ponzi scheme

May. 20, 2022 13:53 PM EDT

CHARLOTTE, N.C. (AP) — Federal authorities have accused a North Carolina man of operating a $7 million Ponzi scheme that defrauded at least 75 investors and used the money he gained to make mortgage payments and pay for private schools for his children. The U.S. Securities and...

Former head of drainage district and wife convicted of fraud

May. 20, 2022 09:02 AM EDT

SEATTLE (AP) — The former commissioner of an East King County drainage district and his wife were convicted Thursday in federal court on charges that they stole tax dollars intended for flood control. A jury found Allan and Joann Thomas guilty of conspiracy, wire fraud, mail fraud...

US Attorney: Fake doctor pleads guilty in $1.3M romance scam

May. 19, 2022 17:07 PM EDT

TALLAHASSEE, Fla. (AP) — A Florida man has pleaded guilty to defrauding more than 30 women of more than $1.3 million by pretending to be a doctor on online dating services, a U.S. attorney said Thursday. Brian Brainard Wedgeworth, 46, who formerly lived in the Florida capital city...

Judge: NC insurance mogul defrauded companies he invested in

May. 19, 2022 15:42 PM EDT

RALEIGH, N.C. (AP) — A North Carolina insurance magnate must give up control of his private companies to comply with a 2019 agreement to ensure several insurers within his business empire are paid over $1 billion, a state judge has ruled. Ruling in a civil lawsuit from which he...

Relics and militants: Vatican fraud trial sprawls the globe

May. 19, 2022 15:21 PM EDT

VATICAN CITY (AP) — The Vatican’s financial trial took a series of surreal turns Thursday when a former suspect-turned-star witness was thrown out of the tribunal and a defendant asserted in court documents that she escorted two emissaries of Russian President Vladimir Putin into the Holy See...