Jan. 25— Former insurance agent Mark Anthony Biegler was sentenced Wednesday to 90 days in jail with a 10- year suspended prison sentence for pleading guilty to six felony charges of insurance fraud and theft in 1st Judicial District Court of Lewis and Clark County, state officials said. Biegler, who worked for HUB International, was originally charged with nine…
Regulation News
A Fayetteville businessman who prosecutors said lavishly spent company funds on personal items like a $300,000 swimming pool and $145,000 Rolex watch, faces up to three years in federal prison after pleading guilty Tuesday to willfully filing a false tax return. Christopher Scott Harrison, 56, defrauded the U.S. government by not reporting $25 million in…
The U.S. Attorney for the Southern District of Florida, Markenzy Lapointe, issued the following news release:. Former Miami-Dade County resident Judith Dianne Paris-Pinder, 49, has been sentenced to 48 months in prison for defrauding more than 500 people out of $2.4 million through a Ponzi investment fraud scheme. According to facts admitted during her guilty…
The Securities and Exchange Commission today announced that it filed an emergency action, and obtained an asset freeze, against Miami investment advisers Jack C. Ridall and Guss Capital, LLC for allegedly committing securities fraud through a scheme to deceive investors using fabricated audit reports and attorney letters. According to the SEC's complaint,…
The U.S. Attorney for the Western District of Washington, Nick Brown, issued the following news release on Jan. 24, 2023:. A 56- year-old Paradise Valley, Arizona man pleaded guilty today in U.S. District Court in Seattle to a seven-year tax fraud scheme that resulted in more than $50 million in illegal tax refunds, announced U.S. Attorney Nick Brown.
The U.S. Attorney for the Eastern District of North Carolina, Michael F. Easley Jr., issued the following news release on Jan. 24, 2023:. Christopher Scott Harrison, 56, of Fayetteville, N.C., pled guilty today to willfully filing a false tax return with respect to nearly $25 million in unreported income he paid to himself from his company. Harrison diverted company…
A U.S. government report estimates that there could have been more than $60 billion in unemployment insurance fraud during the pandemic. The U.S. Department of Labor stated that about $878 billion in total unemployment benefits were paid from April 2020 through September 2022, the report stated. "The Department of Labor has taken steps to address such fraud," the…
More than $878 billion in unemployment insurance was paid out from March 2020 through September, but of that amount, up to $60 billion involved fraudulent claims, according to the Government Accountability Office. In a GAO report released this week, the government said that $4.3 billion of expanded unemployment has been formally determined to be given away…
Jan. 24— Federal prosecutors have seized $50 million from the one-branch Farmington State Bank that they allege in court records were deposited there as part of FTX founder Sam Bankman-Fried's wide-ranging scheme to defraud investors through his massive cryptocurrency exchange business. As part of that investigation, prosecutors alleged that…
A doctor from the Washington, D.C. area described Monday how she had been duped by developer Kenneth Charity into signing guarantees on First NBC Bank loans that left her on the hook for $12 million by the time the bank collapsed in April 2017. Stephanie Carter-Stinson, a geriatric internist with a practice in Alexandria, Virginia, gave her testimony at the start…
—Jamaica’ s government has turned to the FBI for help as it investigates a massive fraud case involving a private investment firm where $12.7 million belonging to renowned sprinter Usain Bolt has gone missing. The investigation into Kingston- based Stocks and Securities Limited is just starting, so it’ s not immediately clear exactly how much money was…
DEREK Jones, a disbarred California attorney, was sentenced to five and a half years in prison by United States District Judge Loretta A. Preska. Today, Derek Jones, a disbarred attorney, was held accountable for violating this right over an extended period, selling interests in real estate that he falsely claimed to own and defrauding his investors out of…
NEW ORLEANS, LOUISIANA– U.S. Attorney Duane A. Evans announced that DANIELLE COLEMAN, age 39, of New Orleans, Louisiana, pled guilty on January 19, 2023 before United States District Judge Carl J. Barbier to Theft of Government Funds, in violation of Title 18, United States Code, Section 641.. According to documents filed in federal court, COLEMAN's grandmother was…
The U.S. Attorney for the Western District of New York, Trini E. Ross, issued the following news release:. U.S. Attorney Trini E. Ross announced today that Michael MacPherson, 56, of Kenmore, NY, pleaded guilty before U.S. Assistant U.S. Attorney Charles M. Kruly, who is handling the case, stated that in January 2017, MacPherson solicited an individual from Kansas to invest…
Jan. 22— Indicted by a Morgan County grand jury on three counts of home repair fraud and two related counts of forgery, a Huntsville man remains in the Morgan County Jail more than six months after his arrest. Decatur police charged Johnny Ray Jordan, 61, with the five felonies after Decatur and Lacey's Spring residents reported they hired and paid Jordan, who…
Insurance Commissioner Mike Kreidler issued fines in December totaling $55,500 against insurance companies, producers, brokers, and individuals who violated state…
SAN JUAN, P.R.– Martin Scamaroni-Cintron was sentenced on January 18, 2023 by United States District Court Judge Aida Delgado-Colon to 30 months in prison for laundering Unemployment Benefits and Pandemic Unemployment Assistance Funds from his bank account in Puerto Rico. S. 1596 and admitted to withdrawing in excess of $87,000 in fraudulently obtained…
The sentence was announced by United States Attorney for the District of Maryland Erek L. Barron; Special Agent in Charge Thomas J. Sobocinski of the Federal Bureau of Investigation, Baltimore Field Office; and Acting Special Agent in Charge Troy W. Springer, of the National Capital Region, U.S. Department of Labor, Office of Inspector General.
The office of the U.S. Attorney for the Northern District of Texas issued the following news release on Jan. 18, 2023:. The former CEO of a Texas beverage company was sentenced today to ten years in prison for his role in a high-yield investment scheme in which he and his co-conspirators fraudulently sold more than $12 million of stock in Dallas- based EarthWater…
