Insurance & Financial Fraud

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WARREN, NJ– A Warren Township man has been the arrestted in relation to acts of insurance fraud, Somerset County Prosecutor John P. McDonald, Somerset County Prosecutor's Office Chief of County Detectives Francisco Roman, Jr. and Warren Township Chief of Police Robert Ferreiro announced on Wednesday. Prosecutor McDonald stated that the New Jersey Attorney…

May 29— South Mississippi businessman Ted Cain and other defendants have reimbursed the federal government $14.2 million, plus post-judgment interest, for defrauding Medicare while operating Stone County Hospital in Wiggins. The total judgment in the civil case applied to Cain and Tommy Kuluz, still chief financial officer of Corporate Management Inc., a…

MIAMI— On May 22, a former title agent was sentenced to 36 months in federal prison and ordered to pay $6,634,750.00 in forfeiture for carrying out a $6.6 million mortgage fraud scheme. Dora Ameneiro Martinez, 45, of Haines City, was a licensed title agent in the State of Florida. According to the U.S. Attorney Southern District of Florida, Martinez made false and…

That's up to Judge Lewis Kaplan, who will preside and decide as he hears sentencing recommendations from the U.S. attorney's office and Salame's attorneys. The charges include operating a $1 billion- plus money-transmitting business without a license and making more than $100 million in illegal campaign contributions, one of the largest ever in U.S. history,…

In a release, the U.S. Attorney for the District of Connecticut's office said Anatoly Braylovsky, 52, was sentenced in federal court in Bridgeport on Wednesday to 90 months of imprisonment, followed by three years of supervised release, for controlled substances and health care fraud offenses. The U.S. attorney's office said Braylovsky was an internal…

Twin brothers Desi and Deno Barroga pleaded guilty Tuesday to defrauding insurance companies in a multimillion-dollar healthcare scheme, the Dallas Morning News reports. Instead, the doctors mimicked injections without piercing the skin and submitted false insurance claims, according to the U.S. Attorney's Office. The Barrogas admitted to billing…

A Miami real estate agent boasts on social media about residential deals during a slowing housing market and condo listings in new ritzy Miami Beach and North Bay Village projects. Costa was also fined $10,000 and ordered to pay $1.2 million by a Miami federal judge to the U.S. government for defrauding its health insurance program for the indigent.

A Connecticut internist accused of passing out, and in one case, selling more than $1 million in highly addictive painkillers to patients and then billing government health insurance providers for the costs of his so-called medical treatment, was sentenced to 7 and one half years in prison Wednesday. Anatoly Braylovsky, of Wallingford, who operated the Family…

Volodimyr Pigida was a shifty guy. In late 2022, a federal jury found him guilty of ripping off about $11 million from thousands of people who fell prey to his email-marketing investment scam that he operated out of Washington and Florida. But when he was supposed to show up for his sentencing in Seattle federal court last August, Pigida was a no-show.

Independence Towers residents and advocates stood on the front lawn of their apartment building Tuesday to announce FTW Investments and executive Parker Webb no longer manages the building where they say they’ ve endured subpar living conditions. A Jackson County judge appointed property management company Trigild Inc. on May 16 as receiver of the…

Jason Toland, 43, who most recently lived in Wheatland and had clients in Yuba City, pleaded guilty to one count of submitting false claims against the United States related to COVID-19 pandemic tax credits after he attempted to steal more than $26.1 million through various tax programs, prosecutors said. “The defendant’ s false claims targeted credits meant…

What started with a chop shop bust in Doral took investigators to an Allapattah building with a 70- year-old auto tag agency and a clerk accused of running a $3 million car title fraud. Those were the cars that Doral police say they found when they followed the pinging of a stolen car’ s locator on Jan. 12 to an auto shop at 5161 NW 79th Ave. They also found two faux…

Former investment broker Rand Heckler of Glen Cove was sentenced to up to 7 1/ 2 half years in prison Wednesday for defrauding friends and clients out of more than $1 million through a Ponzi scheme, Nassau County District Attorney Anne T. Donnelly said. "This defendant executed a classic Ponzi scheme, promising his friends and neighbors high-value investments,…

Long Island resident Jeffrey Slothower, age 46, of Southampton, was found guilty of wire fraud and related charges by a jury in Central Islip federal court on Thursday, May 16. Instead, prosecutors said Slothower funneled the money into his personal bank accounts and bought a Mercedes Benz SUV for $125,000 and paid membership dues at Long Island National Golf…
Image shows Matthew Motil and the SEC logo.
Matthew Motil says a plea agreement is near on his alleged fraud case.

Matthew Motil, host of the podcast, “The Cash Flow King,” has reached a plea agreement with federal investigators to resolve a criminal investigation into an alleged $11 million Ponzi scheme, his attorneys say.

Jason Matthew Pennington pleaded guilty in February to one count of wire fraud in connection with the thefts from El Paso Animal Hospital, 841 N. Buckner in Derby, where he worked as a bookkeeper and office assistant for more than a year, court records show. The thefts from El Paso Animal Hospital came on the heels of another case where Pennington, a former State Farm…

WOODBRIDGE, NJ— A federal judge sentenced a woman from the Keasbey section to 24 months in prison for her role in a conspiracy to swindle the government out of more than $400,000 in COVID-19 unemployment benefits, U.S. Attorney Philip Sellinger said. Assistant U.S. Attorney Fatime Meka Cano alleged that from July 2020 through February 2021, Abreu conspired with…