fraud
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The Federal Trade Commission is warning people about scammers that are using the coronavirus pandemic to steal account information. The FTC released a report on Tuesday explaining that there are scammers posing as COVID-19 contact tracers. Contact tracers are being used by state health departments to get the names and phone numbers of infected patients. […]
A star from VH1’s Love & Hip Hop: Atlanta has been charged with federal bank fraud after allegedly scamming over $2 million from the coronavirus loan program. Maurice Fayne is said to have spent more than $1.5 million on jewelry and child support, according to the Hollywood Reporter. On April 15, the 37-year-old—who was in nine episodes of Love […]
A Virginia man crafted an elaborate scheme to defraud bankruptcy court. Russell Geyer pleaded guilty to a number of crimes in federal court on Wednesday, after faking his own death to conceal assets from federal bankruptcy court and fraudulently using a Florida attorney’s identity to cover up his plot, KTRK-TV reports. The 50-year-old pleaded guilty […]
Convicted felon Martin Shkreli, who is known for raising the price of the drug Daraprim from less than $15 to $750, is trying to convince the powers that be to let him out of prison so that he can find a cure to the coronavirus pandemic that is impacting the world. The “Pharma Bro” posted an 11-page paper […]
An Oakland rapper has been accused of leading an fraud ring that stole millions of dollars from people in California, The Mercury News reports. 39-year-old Amir “Kafani” Rashad is the lead defendant in the federal fraud case. Per reports, Kafani worked with co-defendants, Susan Arreola-Martin, Christopher Pool, and Tyrone Jones, to orchestrate what is described as a “wide-ranging fraudulent […]
On Monday, New York state and federal authorities made public a lawsuit against currently imprisoned “Pharma Bro” Martin Shkreli over shady business practices which will seek (in part) to ban him for life from the pharmaceuticals industry. The suit is also looking for financial relief and penalties, though specific figures weren’t available for those. Shkreli […]
A former Drexel University professor is facing theft charges after he allegedly blew nearly $200,000 of the school’s grant money on partying with strippers. At one point, Chikaodinaka Nwankpa was the head of the electrical engineering department at Drexel. Now the Philadelphia District Attorney’s office says he was charged with felony counts of unlawful taking and theft by deception for abusing […]
The Church of Jesus Christ of Latter-Day Saints, otherwise known as the Mormon Church, has been accused of stockpiling billions of dollars worth of donations. As the Washington Post reports, a former investment manager filed a complaint to the Internal Revenue Service for over $100 billion that the church said was to be used for charitable purposes. […]
The nationwide college admissions scandal is still ongoing. Lori Loughlin and her husband, Mossimo Giannulli, have pleaded not guilty to a third charge connected to the scam, CNN reports. The couple were among 11 parents charged in an indictment handed down by a grand jury in Boston last week, which alleges that they colluded with William […]
The 23-year-old founder of a lobby group known as Students for Trump is facing up to 20 years behind bars after he pleaded guilty to conspiracy to commit wire fraud. As the New York Post reports, John Lambert pleaded guilty on Tuesday for pretending to be an attorney online and walking off with almost $50,000. “Are you […]
