Fraud
The United States Attorney for the Southern District of New York, Jay Clayton, announced that Skye Xu was sentenced to two years in prison for his part in a scheme to defraud Polar Air Cargo Worldwide, Inc. of more than $32 million in revenue. Xu previously pled guilty to conspiracy
Fraud
Miami federal court has seen the initial appearance of Guillermo Lopez Carrazana, Christian Mendoza, and Max Alberto Mera Ulloa, three residents of Miami-Dade County, who are accused of conspiring to obtain Paycheck Protection Program (PPP) loans through false and fraudulent applications. According to the allegations, between May 2020 and March
Fraud
Support for the investigation increased after Social Security Minister Wolney Queiroz's clear explanation of the mechanics of the INSS fraud scheme, attributing the start of the illegal deductions to the Bolsonaro administration. The shift in stance marks a significant change in the government's approach, with lawmakers
Fraud
The Economic and Financial Crimes Commission (EFCC) has made a significant arrest in a long-running investigation into alleged corruption linked to the previous administration in Kaduna State. A former contractor has been taken into custody over an alleged N30 billion fraud, which involved the misuse of funds for public infrastructure
Fraud
The Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arrested Bashir Bello Ibrahim, a former Kaduna State government contractor, for allegedly parading himself as a consultant for 23 local government areas and the United Charity Foundation. Investigations revealed that Ibrahim had a Memorandum of Understanding (MoU)
Fraud
Ayorinde Oluokun/Abuja, a former contractor with the Kaduna State Government, Bashir Bello Ibrahim, has been arrested by the Economic and Financial Crimes Commission (EFCC) over alleged multiple frauds totaling N30 billion. Ibrahim, who is also the Chief Executive Officer of Formal Act, was arrested following over 251 complaints received
Fraud
Bashir Bello Ibrahim, a former contractor for the Kaduna State government, has been arrested by the Economic and Financial Crimes Commission (EFCC) over an alleged N30bn fraud involving multiple victims and fictitious contracts. According to the EFCC, Ibrahim was arrested after receiving over 251 petitions from individuals accusing him of
Fraud
Two men, Herman Estes Jr. and Daniel Heggins, were sentenced to prison for their role in a wire and tax fraud scheme to obtain a $1.3 million home in Roanoke County, Virginia. Estes, a resident of Fieldale, Virginia, was sentenced to 84 months in prison, while Heggins, a resident
Fraud
Herman Estes Jr. and Daniel Heggins, two individuals from Virginia and North Carolina, were sentenced to prison for their roles in a wire and tax fraud scheme to obtain title to a $1.3 million home in Roanoke County, Virginia. Estes, a resident of Fieldale, Virginia, was sentenced to 84
Fraud
The UK has experienced a drastic increase in identity fraud, with over 421,000 cases reported, marking a 13% rise from the previous year, according to Osborne & Francis and Cifas' Fraudscape 2025 report. This surge in identity fraud highlights the escalating challenge of fraud prevention in the digital
Fraud
The Delhi court examining the Rs.2,000 crore cryptocurrency fraud case has asked the Central Bureau of Investigation (CBI) to consider taking over the probe from Delhi Police, suspecting involvement of a syndicate. The case involves the hacking of leading cryptocurrency platform WazirX, resulting in the theft of nearly
Fraud
The UK court has dismissed Nirav Modi's latest bail petition, upholding concerns over his "real and substantial" flight risk after being declared a fugitive economic offender in India in December 2019. Modi, the prime accused in the Rs.13,850 crore fraud at Punjab National Bank,
