Latest Fraud and false statements News

Massachusetts man to plead guilty to pandemic relief fraud

Jul. 01, 2022 09:52 AM EDT

BOSTON (AP) — A Massachusetts man has agreed to plead guilty to fraudulently obtaining about $1.2 million in federal loans intended to help businesses struggling because of the COVID-19 pandemic. James Joseph Cohen, 59, of Wenham, between April 2020 and September 2021 submitted six...

2 accused of fraud in applying for $5M in CARES Act loans

Jul. 01, 2022 09:33 AM EDT

CONCORD, N.H. (AP) — Two men have been indicted by a federal grand jury in New Hampshire on multiple fraud charges alleging that they falsely applied for $5 million in federal CARES Act loans for companies and misused some of the proceeds, including one man's purchase of a Rolls Royce. ...

Baltimore man indicted for multiple fake loan applications

Jul. 01, 2022 09:30 AM EDT

A federal grand jury has indicted a Baltimore man for submitting several fraudulent loan applications as well as stealing the identity of a tax preparer, according to a federal prosecutor. Dana Lamar Antonio Hayes Jr., 37, on federal charges of wire fraud, money laundering, and...

NC board, citing fraud probe, rejects Green Party for ballot

Jun. 30, 2022 19:44 PM EDT

RALEIGH, N.C. (AP) — The North Carolina State Board of Elections rejected the Green Party’s petition for their candidates to appear on November ballots Thursday, citing its ongoing fraud investigation that questions the validity of more than 2,000 signatures that party officials turned in to...

Rhode Island man sentenced in insider trading scheme

Jun. 30, 2022 14:27 PM EDT

BOSTON (AP) — A Rhode Island man who authorities say made a more than $50,000 profit by trading shares of a Massachusetts semiconductor company based on insider information has been sentenced to a month of home detention and two years of probation. John Younis, 59, of Bristol,...

About half say Trump should be charged for 1/6: AP-NORC poll

Jun. 30, 2022 06:41 AM EDT

WASHINGTON (AP) — About half of Americans believe former President Donald Trump should be charged with a crime for his role in the U.S. Capitol attack on Jan. 6, 2021, a new poll shows. The survey from The Associated Press-NORC Center for Public Affairs Research finds that 48% of...

4 ex-Navy officers convicted in 'Fat Leonard' bribery trial

Jun. 29, 2022 22:13 PM EDT

SAN DIEGO (AP) — Four of five former U.S. naval officers were convicted Wednesday of conspiracy, bribery and fraud as part of the “Fat Leonard” corruption scandal. The five were the last of 34 defendants to stand trial on charges they were bought off by the Malaysian defense...

Jan. 6 panel subpoenas counsel who resisted Trump schemes

Jun. 29, 2022 21:50 PM EDT

WASHINGTON (AP) — The House committee investigating the Jan. 6 insurrection issued a subpoena Wednesday to former White House counsel Pat Cipollone, whose reported resistance to Donald Trump's schemes to overturn his 2020 election defeat has made him a long-sought and potentially revelatory...

Giuliani's former Ukraine fixer gets 20 months in prison

Jun. 29, 2022 15:29 PM EDT

NEW YORK (AP) — Lev Parnas, an associate of Rudy Giuliani who was a figure in former President Donald Trump's first impeachment investigation, was sentenced Wednesday to a year and eight months in prison for fraud and campaign finance crimes by a judge who said fraud had become “a way of...

CEO and Florida museum part ways following Basquiat raid

Jun. 29, 2022 10:54 AM EDT

ORLANDO, Fla. (AP) — The Orlando Museum of Art has parted ways with its CEO in the days after the FBI raided the Florida museum and seized more than two dozen paintings attributed to artist Jean-Michel Basquiat that are the subjects of an investigation into possible wire fraud and conspiracy. ...