The foursome– including one Milwaukee man, two Illinois cohorts and a man who lived in Maryland and Florida– were convicted on fraud charges last year. Prosecutors say the four pocketed more than $1.2 million in the scheme and used the cash to finance lavish lifestyles, including buying jewelry, living in a Ritz-Carlton hotel, going on a Las Vegas trip and buying…
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NEW YORK- The judge presiding over Donald Trump's civil fraud case- set to issue a potentially earth-shattering verdict against him any day- wants to know if it's true that the former president's longtime finance chief, Allen Weisselberg, is preparing to admit he lied on the stand. In an email included in court documents filed Tuesday, Manhattan Supreme Court…
McCann is representing himself but has a so-called stand-by attorney, Jason Vincent of Springfield. District Judge Colleen Lawless that McCann's wife, Vicki, reported driving Sam McCann to a suburban St. Louis hospital Saturday after he became ill and passed out. Assistant U.S. Attorney Timothy Bass said he had subpoenaed the hospital for medical records and…
Jurors will return to court Tuesday to determine whether former Baltimore State’ s Attorney Marilyn Mosby committed mortgage fraud to buy two vacation homes in Florida. Prosecutors say Marilyn Mosby lied on mortgage applications, including neglecting to note she had a large outstanding federal tax debt, in order to be approved for loans to buy the homes.
But in November, Crahen's employment with the Amherst- based energy company was terminated due to what National Fuel called "dishonesty during an internal audit." As National Fuel dug deeper, its attorneys claim in court records, it found Crahen "was manipulating the purchasing process," allegedly leading a scheme that defrauded the company of as much as $1…
NY’s proposed AI rules seen as just the start for insurance carriers
New York’s recently proposed rules on how insurance carriers should use AI is a likely harbinger of what’s to come from U.S. regulators,
‘Annuity King’ prepares appeal from conviction, 15-year prison sentence
Phillip Roy Wasserman is expected to file an appeal today from his fraud conviction and 15-year prison sentence.
Testimony in Marilyn Mosby's mortgage fraud case wrapped up today as prosecutors took their last opportunity to challenge the defendant on her central narrative:. "You testified that in July 2020 you knew you owed the IRS money," asked Assistant U.S. Attorney Aaron Zelinsky. After many back and forths and sidebars– plus a suggestion from U.S. Judge Lydia Kay…
A Suffolk Superior Court jury has concluded that two Stoughton real-estate brokers took advantage of an uneducated contractor with mortgage problems to force him out of his home on Greenbrier Street in Dorchester and turn a tidy profit on the property. In a verdict reached last month, the jury awarded Christopher St. Louis, formerly of 27 Greenbrier St., $1.5…
Holtec International, a Florida- based company with a high-profile presence in Camden, has agreed to pay a $5 million penalty to the State of New Jersey and avoid prosecution over its applications for tax credits. Holtec and Singh Real Estate Enterprises, a related company, agreed not to pursue further the $1 million in tax credits they applied for.
—A Russian billionaire art collector lost a legal fight with Sotheby’ s on Tuesday, when a U.S. jury sided with the auction house in a lawsuit over claims that the businessman was ripped off while assembling a trove of works that included a famous painting known as“ the lost Leonardo.”. A New York federal jury deliberated for a few hours before reaching a decision in…
SEC accused of ‘regulation by enforcement’ as critics on both sides circle
The Securities and Exchange Commission is getting heat from both investor and advisor groups this week over its regulatory strategies.
In 2014 and 2015, Nick Mosby, who was a member of the Baltimore City Council at the time, falsely claimed thousands of dollars of charitable deductions on his taxes, federal prosecutors told a judge Monday. “There just weren’ t enough funds to make those charitable donations,” Assistant U.S. Attorney Aaron Zelinsky told the federal judge, urging her to allow him to ask…
DOL fiduciary rule would bring ‘massive change’ to industry, analyst says
While the Department of Labor fiduciary rule proposal might be a long ways from becoming settled law, it brings the potential for “massive” change to the industry, an labor lawyer said Thursday.
In an October 2020 indictment, officials said https://www.justice.gov/usao-mdpa/pr/virginia-man-pleads-guilty-conspiracy-commit-wire-fraud " target=" _blank "> Rishi Budhadev, 38, who lived in Richmond and Fredericksburg during extended visits to the U.S., served as a" money mule "between October and December 2015. Officials said that,…
The bipartisan slate of candidates who received money include Democratic U.S. Rep. The FBI confirmed to Gambit that Trisha Patel was arrested on Dec. 18, and have alleged that in 2021 she defrauded the U.S. Department of Agriculture and a Tennessee financial company of more than $7 million. In a text message to Gambit earlier this month, Corley said he was "shocked…
In a release, the U.S. Attorney for the District of Connecticut's office said James Keating, a 51- year-old from Paoli, Pa., was indicted by a federal grand jury in the New Haven Federal Court and charged with 10 counts of wire fraud. Between 2017 and 2021, the U.S. attorney's office said, Keating defrauded Allied World in two ways. Second, the U.S. attorney's office said,…
Jan. 24— A former Chapel Hill transportation engineer was sentenced to nearly four years in prison and was ordered to pay almost $1 million to his victims Tuesday after pleading guilty in federal court to a Ponzi investment-fraud scheme. He resigned from his traffic planning job with the town of Chapel Hill in November 2021, after filing for Chapter 7 bankruptcy.
EEOC takes on sexual harassment cases against Pittsburgh-based agency
The Equal Employment Opportunity Commission recently took the unusual step of reopening an investigation into sexual harassment claims against a top-selling Pittsburgh, Pa. insurance agency.
In 2020, around the time she was completing a mortgage application for a vacation house in Florida, Baltimore State’ s Attorney Marilyn Mosby did something she hadn’ t done for years: She filed a tax return separate from her husband. When the Internal Revenue Service processed Mosby’ s return, the federal agency notified her that it was taking the money she was due…
