Thomas Stephanie, 46, of Washington, received a deferred judgment on Dec. 19, 2022 and was placed on probation for five years following a guilty plea on Oct. 26, 2022, to one count of Presenting False Information, a class "D" Felony, following an investigation by the Iowa Insurance Division's Fraud Bureau. Stephanie was also ordered to pay restitution in the amount of…
Regulation News
The FBI began investigating Capps after a 2020 Wichita Eagle investigation found Capps inflated payroll information, revenues and employee numbers to maximize federal awards to three entities under his control— Midwest Business Group, Krivacy and the nonprofit Fourth and Long Foundation. Midwest Business Group, which Capps co-owns with Uber driver and…
Zixiao Wang, 29, former FTX co-founder and Chief Technology Officer, and Caroline Ellison, 28, the former CEO of Alameda Research, the hedge fund founded by Bankman-Fried, have pleaded guilty to federal charges in the Southern District of New York, according to court documents published on December 21. "The Office of the United States Attorney for the Southern…
An Anza- based Christian college with satellite schools across the world has been the target of a three-year federal investigation triggered by a frantic 911 call to Riverside County authorities from a student who claimed she had not been allowed to leave the campus for months. Homeland Security Investigations, a division of U.S. Immigration and Customs…
RALEIGH, N.C.— The North Carolina Department of Insurance said a Raleigh man deposited a fraudulent check into a bank account and then took money from that account. The department said Burt deposited a $993.33 fraudulent check and withdrew $225 on June 9. Blue Cross Blue Shield NC, Wells Fargo Bank, Coastal Federal Credit Union and the Wake County Sheriff's Office…
An Anza- based Christian college with satellite schools across the world has been the target of a three-year federal investigation triggered by a frantic 911 call to Riverside County authorities from a student who claimed she had not been allowed to leave the campus for months. Homeland Security Investigations, a division of U.S. Immigration and Customs…
Damian Williams, the Jamaican-American United States Attorney for the Southern District of New York, and Michael J. Driscoll, Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation, announced on Monday the unsealing of an indictment charging Lamor Whitehead, a Brooklyn pastor, with defrauding one of his parishioners…
2022 has been a showcase of the evolving world of fraud for regulators at the Kansas Insurance Department. Throughout the year, our Securities division has been busy investigating new types of scams on various digital platforms. This holiday season, as Christmas movies fill the airwaves, viewers can often draw parallels between the actions of today's…
ST. LOUIS- A St. Louis man has been indicted for allegedly manufacturing and selling fake temporary vehicle tags for vehicles. Prosecutors with the U.S. Attorney's Office of the Eastern District of Missouri said Mario Cooks, 34, is facing six counts of fraudulent transfer of an authentication feature. According to court documents, members of the U.S. Secret…
Federal authorities on Monday arrested Brooklyn Bishop Lamor Whitehead, charging him with allegedly fleecing a 56- year-old parishioner of her entire life savings, extorting a businessman, and lying to federal agents. The parishioner, identified in an indictment as Victim-1, appears to be Pauline Anderson, who has a lawsuit pending against Whitehead…
Following a three-week trial, a jury in Manhattan just convicted George Constantine, a lawyer, and Andrew Dowd, an orthopedic surgeon, for their participation in the scheme from 2013 and 2018. Both men live on Long Island– the 60- year-old Constantine in Plainview, and the 67- year-old Dowd in Miller Place. Damian Williams, the United States Attorney for the…
As the documents he's been uncovering have revealed, Twitter leaders lied repeatedly and shamelessly about how they systematically concealed politically inconvenient information, from leading epidemiologists' arguments against lockdowns to New York Post stories on Hunter Biden's laptop. From their stronghold headquarters on San Francisco's Market…
Richard G. Maike, the Owensboro man convicted of defrauding investors of millions of dollars in a vast pyramid scheme, was sentenced to 10 years in federal prison. Maike and his co-defendants, Faraday Hosseinipour and Doyce G. Barnes, were found guilty in September of securities fraud and mail fraud after a trial that lasted weeks at the federal courthouse in…
Tribune archives show Khan first bought Interlogic Outsourcing Inc. in 2002 and by the mid-2010s, IOI provided payroll services for nearly 6,000 individual clients across the country, including small businesses in Michiana along with national clients like the Boy Scouts of America, various Catholic archdioceses and and several large banks.
In the weeks after President Joe Biden won the 2020 election, as Trump's campaign and Republicans across Wisconsin and the country attempted to find every legal avenue and back alley to overturn the results, the 10 Republicans met in secret on the same day that Wisconsin's electoral college voters are statutorily required to meet and cast their votes.
NAIC regulators decline to move life illustration rework forward
A state insurance task force passed on a chance to endorse reopening the overall life insurance illustration model law, leaving the effort in limbo going forward.
Dec. 18— Richard G. Maike, the Owensboro man convicted of defrauding investors of millions of dollars in a vast pyramid scheme, was sentenced to 10 years in federal prison. Maike and his co-defendants, Faraday Hosseinipour and Doyce G. Barnes, were found guilty in September of securities fraud and mail fraud after a trial that lasted weeks at the federal courthouse…
The U.S. Attorney for the District of Hawaii, Clare E. Connors, issued the following news release:. Carey Mills, 47, of Hilo, Hawaii, was sentenced on November 22, 2022 in federal court by Chief U.S. According to court documents and information presented in court, from May to August 2020, Mills submitted multiple applications for PPP and EIDL funds on behalf of three…
–According to the FBI, about $2 billion is lost annually to wire-transfer fraud. "Unfortunately, it's being used by a lot of fraudsters who are using social engineering tricks to convince consumers that they work for the bank or they're there to help them in some regard," explained Linda Sherry, a director for Consumer Action. "It's just very frustrating and very…
