Latest Fraud and false statements News

Elizabeth Holmes gets emotional under fire by prosecutors

Nov. 30, 2021 20:02 PM EST

SAN JOSE, Calif. (AP) — One-time entrepreneur Elizabeth Holmes, under questioning by prosecutors, struggled Tuesday to recall key events that led to her facing criminal fraud charges for allegedly fleecing investors and customers of her failed blood-testing startup Theranos. ...

Former Temple U business dean convicted in rankings scandal

Nov. 30, 2021 13:25 PM EST

PHILADELPHIA (AP) — A jury convicted the former dean of Temple University's business school on charges related to a scheme to falsely boost the school's rankings. The jury deliberated for less than an hour Monday before deciding Moshe Porat, 74, was guilty of federal...

Iraq electoral commission confirms October election results

Nov. 30, 2021 12:13 PM EST

BAGHDAD (AP) — The final results announced by Iraq’s electoral commission on Tuesday confirmed Shiite cleric Muqtada al-Sadr as the biggest winner in last month's vote, securing 73 out of Parliament’s 329 seats. A Sunni party headed by Parliament Speaker Mohamed...

Man accused of using relief funds on Lamborghini gets prison

Nov. 30, 2021 09:31 AM EST

HOUSTON (AP) — A Houston man has been sentenced to more than nine years in prison after he was accused of using federal COVID-19 relief funding on a Lamborghini, a Rolex watch and trips to strip clubs, federal prosecutors said. Lee Price III, 30, was sentenced Monday to...

Elizabeth Holmes accuses ex-lover, business partner of abuse

Nov. 29, 2021 20:36 PM EST

SAN JOSE, Calif. (AP) — Disgraced entrepreneur Elizabeth Holmes described herself as the abused puppet of her former lover and business partner Sunny Balwani in tearful testimony Monday, part of her attempt to refute accusations that she lied about a flawed blood-testing technology she had...

Inside the 'big wave' of misinformation targeted at Latinos

Nov. 29, 2021 18:05 PM EST

WASHINGTON (AP) — Before last year's presidential election, Facebook ads targeting Latino voters described Joe Biden as a communist. During his inauguration, another conspiracy theory spread online and on Spanish-language radio warning that a brooch worn by Lady Gaga signaled Biden was...

Ex-UND student accused of stealing from COVID-19 relief fund

Nov. 29, 2021 16:57 PM EST

GRAND FORKS, N.D. (AP) — A former University of North Dakota student is accused of stealing more than $330,000 in federal coronavirus relief money, according to federal court documents. Enroy Duncan allegedly devised a scheme to defraud the government by filing a false...

Louisiana man pleads guilty in airline baggage scam

Nov. 27, 2021 14:58 PM EST

NEW ORLEANS (AP) — A Louisiana man has pleaded guilty in an airline baggage scam that resulted in more than $300,000 in fraudulent claims, federal prosecutors said. Pernell Anthony Jones, Jr., 31, of Kenner, pleaded guilty to conspiracy to commit mail fraud and mail...

Man gets more than 2 years for pit bull-selling scheme

Nov. 25, 2021 12:56 PM EST

MOUNT RAINIER, Md. (AP) — A Maryland man has been sentenced to more than two years in prison after selling pit bull puppies online but failing to deliver the animals to buyers. The Washington Post reported Thursday that Fonjeck Eric Azoh, 42, of Mount Rainier, received...

Eastern Shore seafood company fined for visa fraud

Nov. 25, 2021 10:19 AM EST

SECRETARY, Md. (AP) — A company that processes seafood and produces ice on Maryland's Eastern Shore has been fined $240,000 for visa fraud related to the employment of temporary workers. The Baltimore Sun reported Wednesday that the owner of Capt. Phip’s Seafood Inc.,...