fraud
McFarland announced “Fyre Fest 2.0” back in April, nearly a year after he was released from prison. In 2018, the disgraced tech entrepreneur/marketing consultant pleaded guilty to multiple counts of fraud in connection with the first Fyre Fest. The event was billed as a high-end music experience in the Bahamas, and secured promotions and investments […]
Nearly one year after being released early from prison over the highly publicized failure known as Fyre Festival, Billy McFarland appears to be looking to bring the event back. McFarland posted a tweet Sunday declaring that Fyre Festival II is “finally happening.” “Tell me why you should be invited,” he added. McFarland was sentenced to six years in prison in […]
A 72-year-old Indiana woman is facing prison time after she was accused of embezzling nearly $600,000 from the Catholic church where she worked. The Indy Star reports Marie Carson, 72, of Indianapolis, Indiana, has been sentenced to two years in federal prison after pleading guilty to wire fraud. Over a 13-year period from 2008 to 2021, Carson, who […]
An Illinois woman is facing charges after allegedly stole $1.5 million worth of chicken wings while working as an official at a suburban school district near Chicago, CBS News reports. Vera Liddell, 66, the former director of food services at Harvey School District 152, is accused of launching a bizarre embezzlement scheme in which she stole more than […]
Disgraced Theranos founder Elizabeth Holmes may have tried to flee the country after her 2022 fraud conviction. According to a new court filing obtained by Rolling Stone, prosecutors allege the 38-year-old convict had booked a one-way flight to Mexico departing on Jan. 26 of last year. Authorities say they learned about the unauthorized trip just weeks after […]
Attorneys for Usain Bolt claims the Olympian sprinter has fallen victim to a fraud scheme that has resulted in more than $12 million missing from his account. According to a letter the Associated Press obtained from Bolt’s attorney, the Jamaican sprinter recently discovered that his retirement savings account, which Bolt holds with Kingston-based investment firm Stocks and Securities Ltd., […]
A Florida man has been sentenced to more than eight years in prison for fraudulently obtaining millions of dollars in coronavirus relief funds. According to the Department of Justice, Don V. Cisternino, 47, of Chuluota has been sentenced to eight years and six months in prison for wire fraud, aggravated identity theft, and illegal monetary transaction. The court also ordered Cisternino to […]
William “Rick” Singer, the architect of the “Varsity Blues” college admissions scheme, will spend the next several years behind bars. According to CNN, the 62-year-old Florida resident was sentenced to 42 months in prison on Wednesday for his role in the years-long scandal, which exposed inequalities within the U.S. higher education system. The sentencing came nearly four […]
A Florida man who was arrested and convicted of impersonating a doctor when he was a teen has received another term in prison for defrauding his employer. NBC Miami reports Malachi Love-Robinson, 25, has been sentenced to 28 months in prison after pleading guilty to grand theft and organized scheme to defraud less than $20,000. Circuit Judge Howard Coates, […]
FTX co-founder Sam Bankman-Fried is set to be released on a $250 million bail package. According to the Associated Press, , a New York federal judge announced the decision on Thursday, less than two weeks after the disgraced cryptocurrency executive was arrested on fraud charges in the Bahamas. As part of the bail terms, Magistrate Judge Gabriel W. Gorenstein […]
