Latest Fraud and false statements News

Business owner to be sentenced in college admissions scandal

Oct. 16, 2019 5:57 AM EDT

BOSTON (AP) — The owner of a California jewelry business is returning to court to be sentenced for her role in the college admissions bribery scandal. Marjorie Klapper is scheduled to be sentenced in Boston's federal court Wednesday. She pleaded guilty in May to a single count of fraud and conspiracy....

Lawyer says Arizona official miscast as human smuggler

Oct. 15, 2019 8:06 PM EDT

PHOENIX (AP) — A lawyer for an Arizona elected official charged in three states in an international adoption scheme said Tuesday prosecutors have miscast his client as a human smuggler. Attorney Matt Long said Maricopa County Assessor Paul Petersen cares deeply for the mothers from the Marshall Islands...

'Chrisley Knows Best' stars sue Georgia tax official

Oct. 15, 2019 2:27 PM EDT

ATLANTA (AP) — Reality television personalities Todd and Julie Chrisley on Tuesday accused a Georgia tax official of abusing his office to pursue "bogus tax evasion claims" against them. The "Chrisley Knows Best" stars filed a federal lawsuit Tuesday against Joshua Waites, the director of the Georgia...

Florida judge: $1.3B scam nets Californian 25 years' prison

Oct. 15, 2019 1:41 PM EDT

MIAMI (AP) — A California man has been sentenced by a Florida judge to 25 years in prison for orchestrating a $1.3 billion fraud scheme that stole money from at least 7,000 investors nationwide. Court records show 61-year-old Robert Shapiro was sentenced Tuesday in Miami federal court after previously...

Liz Weston: In 'SIM swap,' criminals really have your number

Oct. 14, 2019 11:21 AM EDT

If you're not familiar with SIM swap fraud, prepare to be terrified. This scam, also known as port-out or SIM splitting fraud, allows criminals to hijack your cell phone number. Once they have your number, the bad guys can clean out your financial accounts, confiscate your email, delete your data and take over...

Agency eyes big revamp of Wall Street whistleblower program

Oct. 12, 2019 10:48 AM EDT

WASHINGTON (AP) — A federal agency is moving with little fanfare to revamp one of the most successful whistleblower programs in the government, alarming advocates who warn the changes will set back efforts to police Wall Street and punish corporate fraud. Much like the whistleblower system for intelligence...

Arkansas judge: Court to hear 19 adoption scheme cases

Oct. 11, 2019 7:23 PM EDT

FAYETTEVILLE, Ark. (AP) — An Arkansas judge ruled Friday that the court will decide individual outcomes to 19 statewide adoption cases against an Arizona elected official accused of human trafficking. Paul Petersen, a Republican county assessor in Arizona, was arrested Tuesday for running what authorities...

Illinois state senator quits powerful panel amid FBI probe

Oct. 11, 2019 6:21 PM EDT

SPRINGFIELD, Ill. (AP) — An Illinois state senator under federal investigation for possible bribery and fraud involving state construction work resigned Friday as head of the powerful Senate Transportation Committee, hours after the chamber released an unredacted search warrant revealing more details about...

California executive avoids jail in college cheating scheme

Oct. 11, 2019 4:39 PM EDT

BOSTON (AP) — The owner of a California frozen foods company avoided jail Friday for paying $15,000 to rig his daughter's college entrance exam in a widespread admissions scandal. Peter Jan Sartorio, of Menlo Park, California, was sentenced in federal court in Boston to a year of probation after pleading...

Florida men tied to Giuliani, Ukraine probe arrested

Oct. 11, 2019 6:33 AM EDT

WASHINGTON (AP) — Two Florida businessmen tied to President Donald Trump's lawyer and the Ukraine impeachment investigation were charged with federal campaign finance violations. The charges Thursday relate to a $325,000 donation to a group supporting Trump's reelection. Lev Parnas and Igor Fruman,...