The Federation of Americans for Consumer Choice has dropped its lawsuit against the Department of Labor after the agency withdrew guidance at the center of the dispute.
News coverage of insurance industry and financial advisor regulation.
Top Stories
More Stories
Brandon A. Williams, 37, filed the $4.6 million federal lawsuit last month in U.S. District Court in Norfolk, alleging his constitutional rights were violated by a January 2020 trespassing case and a car wreck investigation nine months later. Williams’ interactions with Norfolk police began about 11 p.m. on Jan. 8, 2020, when he stopped his white Mercedes sedan at…
BOSTON– A former Fall River resident was indicted by a federal grand jury in Boston yesterday in connection with a nationwide conspiracy to open fraudulent driver accounts with rideshare and delivery service companies. Caio Felipe Oliveira Dos Santos, 27, of Brazil, was indicted on one count of conspiracy to commit wire fraud and aggravated identity theft.
LOS ANGELES– A Rhode Island man has pleaded guilty to federal criminal charges, admitting he defrauded investors out of more than $4.2 million in connection with the "Magic Mike Live" stage show in Las Vegas, the Justice Department announced today. From June 2016 to February 2020, Santilli raised funds from victims by soliciting investments in " Aloris Magic Mike…
The sentence was announced by United States Attorney for the District of Maryland Erek L. Barron; Special Agent in Charge Kim R. Lampkins, U.S. Department of Veterans Affairs Office of Inspector General, Mid-Atlantic Field Office; and Special Agent in Charge Michael McGill of the Social Security Administration- Office of Inspector General, Philadelphia Field…
EUGENE, Ore.- A man formerly residing in Newark, New Jersey was sentenced to federal prison today for his role in a scheme to deceive and cheat $1 million from an elderly man residing in Roseburg, Oregon. Once the victim expressed interest in the purported investment opportunity– and produced evidence he had $1 million to invest– Mack introduced him to Mautone, the…
A federal jury in Miami deliberated for less than a day last week before finding David Schwarz guilty in what was one of the biggest criminal real estate fraud cases in recent decades in the Florida Keys. In 2020, the 11th Circuit Court of Appeals in Atlanta overturned the conviction of Schwarz on charges of conspiracy and bank fraud. Cay Clubs were major players…
—For years, as Donald Trump was soaring from reality TV star to the White House, his real estate empire was bankrolling big perks for some of his most trusted senior executives, including apartments and luxury cars. Now Trump's company, the Trump Organization, is on trial this week for criminal tax fraud— on the hook for what prosecutors say was a 15- year scheme by top…
The U.S. Attorney for the Eastern District of Michigan, Dawn N. Ison, issued the following news release on Oct. 27, 2022:. A real estate investor, who was previously charged in a $600,000 wire fraud scheme, has now been indicted for multiple counts of bankruptcy fraud totaling over $1.1 million, United States Attorney Dawn N. Ison announced today.
U.S. Attorney Josh Hurwit this week announced in a news release the creation of the District of Idaho's COVID-19 Fraud Task Force, made up of "a broad group of law enforcement agencies, with prosecutors who will work jointly to hold accountable criminals who unjustly enriched themselves at the expense of taxpayers by defrauding economic aid programs."
Benton Harbor mother, three adult children, and two others accused of fraudulently obtaining pandemic unemployment insurance benefits and small business loans. GRAND RAPIDS, MICHIGAN- U.S. Attorney Mark Totten announced today that six individuals from Benton Harbor, Michigan, have been indicted by a federal grand jury on charges relating to pandemic fraud…
Oct. 27— A judge Thursday appointed a public defender to represent Michael W. Luehrsen, a former pharmaceutical rep who said he has been unable to afford a lawyer for his upcoming retrial over a health care fraud charge and other counts. In 2020, a magistrate judge issued criminal and civil seizure warrants for Luehrsen's financial accounts and waterfront…
Iowa Workforce Development issued the payments because agency officials were not using or checking systems designed to detect fraud, according to the review State Auditor Rob Sand released Tuesday. Perhaps more than any other government agency, Iowa Workforce Development was inundated during those months as hundreds of thousands of workers lost their…
If the conservative-majority justices sustain the ruling, the CFPB may be unable to enforce financial rules or crack down on fraud without Congress stepping in to fund it. McHenry would lead efforts to revamp the CFPB if the GOP takes control of the House in the upcoming midterm elections. "Bringing the CFPB under the appropriations process would make it more…
DES MOINES— A federal grand jury in Des Moines returned an indictment on Oct. 18 charging an Ottumwa man and woman with 60 fraud and tax charges. As alleged in the indictment, 47- year-old Thein Maung, and his 20- year-old daughter Phyo Mi conspired to defraud the Internal Revenue Service by preparing and filing hundreds of fraudulent tax returns.
A Chester woman and a Marcus Hook woman were among six people arrested by federal authorities in Pandemic Unemployment Assistance fraud that cost the government about $1 million, United States Attorney for the Eastern District of Pennsylvania Jacqueline C. Romero said Tuesday. Arrested were Wylene Johnson, 41, Chester; Tameka Edmonds, 32, Marcus Hook; and…
OTTUMWA, Iowa– An Ottumwa father and daughter duo have been charged for filing false tax returns and fraudulently obtaining unemployment benefit payments on Tuesday. Thein Maung, 47, and Phyo Mi, 20, have been charged with 60 fraud and tax charges. The duo provided tax preparation services out of their family home in Ottumwa to costumers who were primarily…
Marcos Antonio De Carvalho Vicente, 61, who has lived in Fall River for 34 years, received unemployment checks after submitting a fraudulent application, though the state Department of Unemployment Assistance stopped payments after they flagged a“ suspected identity issue,” U.S. Attorney Rachael Rollins’ office said. De Carvalho Vicente was charged…
The testimony came on the second day of Steve Bannon associate Timothy Shea’ s retrial. Nicole Keller, a high school teacher from Texas, was one of more than 350,000 people who donated money to build a wall along the U.S.- Mexico border. Keller said once she read news articles casting doubt on the fund’ s legitimacy, she tried in vain to get her money back from GoFundMe.
PHILADELPHIA– United States Attorney Jacqueline C. Romero announced that Wylene Johnson, 41, of Chester, PA; Cookie Bundy, 41, of Philadelphia, PA; Hakeem Cooper, 42, of Philadelphia, PA; Louis Barnett, 43, of Philadelphia, PA; Barry Mitchell, 33, of Philadelphia, PA; and Tameka Edmonds, 32, of Marcus Hook, PA; were charged with various Pandemic Unemployment Assistance…
It took two shifts to clean the five-story central Los Angeles office building where Edith Lopez worked as a janitor. Then from 5 to 10 p.m. she did the same but Pacific classified her as an independent contractor and paid for those hours with personal checks that left out typical payroll deductions such as income tax or Social Security withholding, she said.
