Southern District of West Virginia. CHARLESTON, W.Va.– Monique Casto, 37, of Kenna, was sentenced today to 10 months in prison, to be followed by three years of supervised release, for fraudulently obtaining Social Security Administration benefits. Casto failed to disclose that the West Virginia Department of Health and Human Resources took custody of the child…
Regulation News
District Judge Richard D. Bennett sentenced Linda Pylant, age 59, of Grasonville, Maryland, today to four years in federal prison, followed by one year of home detention as part of three years of supervised release, for wire fraud, social security fraud, tax evasion, and aggravated identity theft in connection with schemes to defraud her employer, fraudulently…
–The securities fraud law firm of KlaymanToskes continues to represent Oppenheimer customers in FINRA arbitration claims following a $36 million arbitration award to Horizon Private Equity III Ponzi scheme victims.. Yesterday, a group of 10 Oppenheimer investors were awarded over $36 million by FINRA arbitrators as compensation for their investment…
District Judge Sarah E. Pitlyk on Tuesday sentenced a man who has been living under an assumed name since he used it to enlist in the U.S. Army 37 years ago to 100 hours of community service and the time he's already served in jail. Instead, in April of 1985, he enlisted using the name of a fellow St. Louis resident, identified in court documents as "J.S."
A federal judge barred prosecutors Wednesday from mentioning any of the previous investigations into Baltimore State’ s Attorney Marilyn Mosby at her perjury and mortgage fraud trial later this month, making it harder for the government to introduce Mosby’ s previous comments about her side businesses. U.S. District Court Judge Lydia Kay Griggsby said…
RALEIGH, N.C.— A Raeford woman faces two felony charges after investigators say she made false statements about a car wreck to Nationwide in order to collect on a car insurance claim. North Carolina Insurance Commissioner Mike Causey said Wednesday that Athenia Renee Singletary, 52, is charged with insurance fraud and attempting to obtain property by false…
A Lodi orthopedic surgeon found guilty of repeatedly defrauding the Medi-Cal and Medicare programs has been sentenced to seven years of prison, state Attorney General Rob Bonta announced Tuesday. Gary Wisner, a surgeon in Lodi, received his prison sentence in Sacramento County Superior Court Friday after being convicted of 10 felony counts of health…
The Wisconsin Office of the Commissioner of Insurance recently released a list of administrative actions for August. The actions are…
A Chino Hills man who defrauded dozens of people out of more than $3 million as part of a scheme that largely targeted low-income Hispanic investors was sentenced Tuesday to more than six years in federal prison. District Judge David O. Carter to serve 6 1/ 2 years behind bars and to pay approximately $3.9 million in restitution. Rather than use the investment…
This not only allowed predatory lenders to thrive– many borrowers still contend with sky-high interest rates and opaque fees– but also created a fertile environment for scammers, according to a new in-depth investigative study by Better Business Bureau. Payday loan laws are handled on a state-to-state basis among the 32 states in which they are available, and…
Financial fraud scammers have shifted their tactics during the past couple of years in ways that consumers need to understand and learn how to prevent, according to the Identity Theft Resource Center. Rather than thieves using stolen personal information to take over existing financial accounts, they are instead opening new accounts in the victim's name,…
Another class action lawsuit was filed against Michigan's Unemployment Insurance Agency last week from several claimants who say they have not received all the benefits they were entitled to in the pandemic, if at all. "Thousands of unemployment insurance claimants have waited a year or years to be paid," the lawsuit, filed in the U.S. District Court for the…
Theranos founder Elizabeth Holmes, convicted by a jury in January of four counts of defrauding investors in her now-defunct Palo Alto blood-testing startup, appeared in federal court in San Jose on Thursday seeking to have the verdict thrown out, with no new trial, but the judge in a preliminary ruling denied her bid. Holmes, 38, was convicted by a jury Jan. 3 on four…
HYANNIS— A former real estate attorney and his wife, both from Hyannis Port, were sentenced in federal court in Boston Thursday in connection with various mortgage fraud schemes, including not paying off mortgages for clients who refinanced their home loans. Plunkett was also ordered to pay restitution of $3.2 million and to forfeit another $3.2 million.
A Naples man pleaded guilty in a scheme that netted him $2.6 million— forfeiting a home, a boat, a 4- carat diamond and hundreds of rounds of ammunition— in fraud against the U.S. government involving loan programs. The U.S. Attorneys office said Daniel J. Tisone, 35, faces 30 years in prison for wire fraud, bank fraud, illegal monetary transaction and e fraud, bank fraud,…
NEW ORLEANS– RYAN P. MULLEN, age 41, a resident of Jayess, Mississippi, DUANE A. DUFRENE, age 55, a resident of Destrehan, Louisiana, DILLON J. ARCENEAUX, age 31, a resident of Marrero, Louisiana, LANCE M. VALLO, age 37, a resident of Gueydan, Louisiana, GRANT C. MENARD, age 35, a resident of Kaplan, Louisiana, and ZEB O. SARTIN, age 35, a resident of Lafayette, Louisiana, were indicted…
Aug. 30— A former bank president accused of defrauding banks in Beulah and Glen Ullin has pleaded guilty, and two others charged in the case are set to do the same. Brady Torgerson, 34, in June entered into a plea agreement with prosecutors on two counts of bank fraud, according to federal court documents. The alleged activities occurred while he was employed by The…
PROVIDENCE– Four Georgia men who admitted to a federal judge in Rhode Island that they participated in a scheme that exploited Providence- area homeless and transient individuals by recruiting them to cash hundreds of thousands of dollars worth of counterfeit business checks at banks in Rhode Island, Massachusetts, Connecticut, and Maine, have been…
A news release from the Department of Justice named Reva Joyce Stachniw, 70, of Galesburg, and Ron Throgmartin, 58, of Buford, Georgia as the conspirators and defendants now convicted of conspiracy to commit wire fraud, five counts of wire fraud and conspiracy to commit money laundering. Assistant Chief Scott Armstrong and Trial Attorney Brandon Burkhart of…
