Fraud
Attorney General Kwame Raoul has reached a significant settlement with Clearview Electric Inc., an alternative retail electric supplier, resolving allegations of deceptive and unfair business practices that misled Illinois consumers into paying millions more for electricity. The $8.4 million settlement will provide restitution to eligible customers who received residential
Fraud
Prosecutors in the US have taken another major step in dismantling the vast Covid-19 fraud scheme that implicated a non-profit organization, Feeding Our Future, and its partners in the US Department of Agriculture's child nutrition program. Ahmednaji Maalim Aftin Sheikh, a 25-year-old Kenyan national, has been indicted in
Fraud
Police Scotland is embarking on a new initiative to combat cybercrime by setting up a base at Dundee's Abertay University. The CYBERQUARTER, a state-of-the-art facility funded by the Tay Cities Deal, will house Specialist detectives from the force's new Cyber and Fraud Unit. This partnership aims
Fraud
Benjamin Jamal Washington, a 25-year-old Maryland man, has pleaded guilty to leading a long-running scheme that involved stealing the personal identifying information of dozens of medical doctors and using it to create fraudulent e-prescribing accounts. Washington's accomplices then used these accounts to issue thousands of fraudulent prescriptions of
Fraud
The UK government is utilizing artificial intelligence to identify people committing benefit fraud by monitoring their social media activity. Rachel Harris, an accountant, revealed on TikTok that HMRC is employing AI to scan social media platforms for "lifestyle inconsistencies" that may indicate fraudulent behavior. The tax office is
Fraud
A dual American and Nigerian citizen, Joseph Oloyede, has been sentenced to 56 months in prison for leading a conspiracy that fraudulently obtained over $4.2 million in pandemic stimulus from the Small Business Administration (SBA). The scheme, which operated from April 2020 to February 2022, involved Oloyede and his
Fraud
Justice Srem Sai, the Deputy Attorney General and Minister of Justice, has confirmed that Kofi Akpaloo, the leader of the Liberal Party of Ghana (LPG) and presidential candidate for the 2024 Election, is under investigation by the Economic and Organised Crime Office (EOCO) for multiple financial crimes. The investigation includes
Fraud
Michael J. Moore, a tax and accounting business owner from Las Vegas, pleaded guilty to advising clients to commit tax evasion through a scheme that caused over $3.5 million in losses to the United States. Moore operated a business called X Tax Pros and promoted a fraudulent tax avoidance
Fraud
The Enugu State Government has accused Chief Executive Officer of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, of allegedly defrauding the state of N5.7 billion. The government claimed that Ogundele absconded after being paid the N5.7 billion for the construction of 22 Smart Green Schools in different parts of
Fraud
A Nevada man, Michael J. Moore, has pleaded guilty to advising clients to commit tax evasion by promoting a fraudulent tax avoidance scheme called the "Special Tax Shelter Strategy." From 2015 to April 2025, Moore operated a tax and accounting business, X Tax Pros, and charged clients tens
Fraud
The Central Bureau of Investigation (CBI) has initiated a probe against Reliance Communications Ltd. (RCOM), its director Anil D. Ambani, and others over allegations of defrauding the State Bank of India (SBI) and causing wrongful loss of Rs 2929.05 crores. The FIR states that there were inter-company loan transactions
Fraud
The Federal Receivership Fairness Act, introduced by Congressmen Darin LaHood (IL-16) and Don Beyer (VA-08), seeks to streamline IRS procedures to ensure that victims of Ponzi schemes and other financial frauds receive compensation in a timely manner. The bipartisan bill aims to address the lengthy bureaucratic process that can delay
