Fraud
In a collaborative effort between federal and state law enforcement agencies, three individuals have been arrested on charges of healthcare fraud, conspiracy, and aggravated identity theft. The indictment alleges that the individuals, Ciera Washington, Raven White, and Bryan Otero, stole the identities of numerous people, submitted fraudulent prescriptions to pharmacies,
Fraud
Tax authorities in China have investigated and dealt with two cases of tax evasion and fraud in the new energy, biotechnology, and high-tech industries. The first case involved Jiangxi Nan's Lithium Battery New Material Co., Ltd., which was fined 5.719 million yuan and ordered to pay back
Fraud
In a significant ruling, the United States Court of Appeals for the Second Circuit vacated the convictions of defendants involved in the FIFA corruption scandal, holding that their conduct falls within the scope of the honest services wire fraud statute. The court, comprising Judges Walker, Robinson, and Merriam, concluded that
Fraud
Rapper and singer Sean Kingston has been sentenced to three-and-a-half years in a US federal prison for his role in a $1 million wire fraud scheme. The 34-year-old, best known for his 2007 hit "Beautiful Girls," was convicted earlier this year of conspiracy to commit wire fraud and
Fraud
Globe, one of the Philippines' leading telcos, and the Department of Information and Communications Technology (DICT) have signed a Memorandum of Understanding (MOU) to enhance their collaboration in protecting Filipinos from tech-enabled crimes such as fraud, scams, and identity theft. The partnership aims to establish a stronger, more integrated
Fraud
The Delhi Police's Intelligence Fusion and Strategic Operations unit conducted a six-month operation that led to the arrest of 18 individuals allegedly involved in a Rs 2.6-crore fraud. The suspects, who were call centre employees in Gurgaon, leaked confidential details of credit card holders and used them
Fraud
The UK's Economic Crime and Corporate Transparency Act 2023 (ECCTA 2023) has introduced significant changes to corporate criminal liability, including the new offence of failure to prevent fraud. This podcast series, "The Fraud Files: Decoding the Economic Crime Act," provides in-depth analysis and insights into the
Fraud
Nacha's Payments Innovation Alliance has launched three new Spanish-language educational resources aimed at informing and protecting Spanish-speaking consumers from common financial scams. The resources, created by the Alliance's Consumer Financial Exploitation Project Team, aim to raise awareness of mobile scams and "money mule" activity,
Fraud
The U.S. Attorney for the District of Massachusetts announced a settlement with The Energy Federation, Inc. (EFI), a nonprofit organization, to pay $1 million to resolve allegations of False Claims Act violations due to obtaining a Paycheck Protection Program (PPP) loan for which it was not eligible. The PPP
Fraud
A landmark day of reckoning for six individuals accused of swindling thousands of investors out of their life savings is set to unfold at Westminster Magistrates' Court on Thursday. The Serious Fraud Office (SFO), following an eight-year investigation, alleges that over 1,900 investors collectively transferred £75 million from
Fraud
The US Attorney's Office, District of Nebraska, has charged five Indian-Americans with sex trafficking, visa fraud, and money laundering involving over $565,000. The individuals, including Amit and Mahesh Chaudhari, and Rashmi Samani, owned and ran several hotels in the state, which were allegedly involved in several illegal
Fraud
New Orleans Mayor LaToya Cantrell's long-running affair with her bodyguard, New Orleans Police Officer Jeffrey Paul Vappie II, has resulted in a federal grand jury indictment. The indictment, which was returned this week, charges Cantrell with conspiracy to commit wire fraud, conspiracy to obstruct justice, and making false
