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937 Sentences With "defrauding"

How to use defrauding in a sentence? Find typical usage patterns (collocations)/phrases/context for "defrauding" and check conjugation/comparative form for "defrauding". Mastering all the usages of "defrauding" from sentence examples published by news publications.

Defrauding anyone is bad, but defrauding a bank is particularly bad.
How did the Court reach a result that one who thinks he is defrauding a customer is "knowingly" defrauding a financial institution, which is what the statutory language requires?
The Los Angeles fraud charges The 2850-page criminal complaint out of Los Angeles accuses Avenatti of defrauding a client and defrauding a bank by providing false tax returns.
They were also convicted of defrauding Medicare and private insurance.
Manafort is accused of defrauding the bank of $16 million.
He admitted defrauding his mother's nursing home and her friends.
Shkreli was acquitted of defrauding Retrophin out of millions of dollars.
He's created a university that was charged with defrauding its students.
Rathburn was convicted of defrauding customers and violating hazardous shipping laws.
And the pending federal action against Trump University for defrauding students?
Prosecutors said the two played critical roles in defrauding unwitting investors in a classic Ponzi scheme at Agape, which was founded in 2000 by Nicholas Cosmo after he served 21 months in prison for defrauding investors.
Carton was accused of defrauding investors out of more than $2 million.
The lawsuits involve accusations of violating environmental laws and allegedly defrauding regulators.
They have been accused of first-degree larceny by defrauding a community.
Carton is suspected of defrauding investors out of more than $2 million.
Later corrupt episodes included defrauding a charitable fund devoted toward dowry payments.
He was also charged with defrauding a Mississippi bank of $4.1 million.
The festival's organizer, Billy McFarland, was sued and charged with defrauding investors.
He was accused of defrauding business partners and colluding with corrupt officials.
The Securities and Exchange Commission (SEC) charged the company with defrauding users.
"I'm not going to admit to defrauding anything here," Mr. Davis said.
Six of those 10 have faced government legal action for defrauding students.
The Russian government had charged him with defrauding the state oil major Rosneft.
DOJ ultimately fined the company $1.7 billion for defrauding Medicare and Social Security.
"You are defrauding the people of the state," Mr. Cuomo told Mr. Fink.
Since then, the founders of Centra were arrested and charged with defrauding investors.
Almost immediately, the farmers say, Mr. Carpenter and Mr. Small began defrauding them.
McFarland was sentenced to six years in jail for defrauding investors in October 2018.
He was accused of defrauding Volkswagen's American customers and violating the Clean Air Act.
He also faces two misdemeanor charges each of defrauding an innkeeper and petty theft.
Moscow had charged him with defrauding the state oil major Rosneft, which he denied.
In 2015, he was sentenced to five months in prison for defrauding his cliants.
Does anyone really think that in these cases the board actually is defrauding everyone?
This includes not defrauding investors, making false claims or failing to mention relevant information.
That December, McNall pleaded guilty to defrauding six banks of more than $236 million.
"Donald Trump's days of defrauding Americans are coming to an end," Ms. James said.
In Los Angeles, he's been charged with defrauding clients out of millions of dollars.
One is "defrauding the United States," which, Griffin explains, doesn't require an underlying crime.
In total, Gonzales is accused of defrauding dates out of $950 in food and drinks.
So by later cutting data access the claim is that Facebook was effectively defrauding developers.
Serbian rebels blackmail you into helping their cause by defrauding a gauche German arms dealer.
The company has been accused of defrauding 900,000 investors of 50 billion yuan ($7.6 billion).
In 240, its India-based former parent company was accused of defrauding thousands of investors.
In total, Mr. Scahill confessed to defrauding 10 investors of $205,000, according to court papers.
That evidence, the lawyer said, undercuts the prosecution's claim that Shkreli was defrauding the company.
The FCA authorizes private individuals to sue anyone they think is defrauding the federal government.
The charges that both are facing involve defrauding investors, as well as doctors and patients.
Hanna also accused Avenatti of defrauding a Mississippi bank by submitting fake income tax returns.
Avenatti is still facing trial in two other cases for allegedly defrauding his legal clients.
Critics derisively dubbed them "the pre-Fab four" and accused them of intentionally defrauding the public.
The former executives were also accused of defrauding insurers and others that paid for the medication.
"It reveals their attitude of overlooking the theft and criminal enterprises defrauding them for unknown purposes."
Who would have thought that defrauding the McDonald's Monopoly game was a get-rich-quick option?
In securities class actions, shareholders have to prove defendants acted with the intention of defrauding shareholders.
NORDLICHT, LEVY WERE FOUND GUILTY OF DEFRAUDING BONDHOLDERS IN PLATINUM-CONTROLLED OIL EXPLORATION FIRM BLACK ELK
In December, the SEC charged Garza and his companies with defrauding investors in a Ponzi scheme.
It involves deceiving people, defrauding them or forcing them into a type of labor or prostitution.
Gonzalez also is charged with two misdemeanor counts each of defrauding an innkeeper and petty theft.
Shkreli is currently on trial for defrauding investors, though the case is unrelated to price gouging.
In 2015, he pleaded guilty to defrauding clients and was sentenced to five months in prison.
Concord, through attorney Eric Dubelier, pled not guilty to one count of defrauding the U.S. government.
It was Schneiderman who sued Trump University for defrauding students and won a $25 million settlement.
The federal accusation was "misleading and defrauding physicians and consumers," referring to how addictive OxyContin is.
A jury was deadlocked on several other charges against him, including defrauding patients out of money.
"For you to believe that he's defrauding those investors, he's got to defraud himself," Baez said.
Rubenstein abused the trust of multiple clients, defrauding them under the guise of selling their artworks.
In states like West Virginia, ISPs like Frontier Communications have routinely been accused of defrauding taxpayers.
Shkreli was convicted in August of defrauding multiple investors in two hedge funds he previously ran.
Ten former NFL players have been charged with defrauding the league&aposs health care benefit program.
Concord, through attorney Eric Dubelier, pleaded not guilty to one count of defrauding the U.S. government.
It's not even the thing that we did was morally better than defrauding them necessarily, though.
Rathburn, a former body broker, is accused of defrauding customers by sending them diseased body parts.
In India, HMIT stands accused of defrauding at least 5,000 creditors, including banks and senior citizens.
The company also admitted responsibility for defrauding the US by impeding the IRS, according to the DOJ.
The charges pertain to defrauding investors and are unrelated to the conspiracy that Butina pleaded guilty to.
Earlier in the week, Spanish prosecutors accused Cristiano Ronaldo of defrauding tax authorities by some £14.7 million.
And in Illinois, 21 individuals were charged with defrauding insurers via fake home health and dental services.
He accused the bank of defrauding him after it resold the holding for a much higher price.
He said that McFarland's company Fyre Media stands accused of defrauding investors by repeatedly overstating financial information.
The SEC charged blood-testing startup Theranos and its high-profile CEO, Elizabeth Holmes, with defrauding investors.
And they're defrauding gamblers who are not in the jurisdiction where the match-fix has taken place.
Kraft Heinz (KHC) faces a shareholder lawsuit accusing the company of defrauding shareholders about its business prospects.
Meanwhile, federal investigators say that the practice of defrauding businesses via email is an increasingly prevalent scam.
The alleged sham marriage first surfaced in December, when Marquez also was charged with defrauding immigration authorities.
The start-up was ultimately found to be falsifying test results and defrauding investors and medical professionals.
Wells Fargo is paying a $185 million settlement for defrauding customers by opening millions of unauthorized accounts.
Simmons also admitted to defrauding an unidentified woman out of $125,000 in a bogus real estate investment.
Rathburn and his then-wife were charged with defrauding customers, not with selling or desecrating human remains.
Greebel, 44, is charged with conspiracy to commit wire fraud against Retrophin, but not with defrauding investors.
The regulator accused the company of defrauding 8,400 investors, many of whom had invested their retirement savings.
He accused the bank of defrauding him after it resold its stake for a much higher price.
"Corrupt Marco Rubio has spent years defrauding the people of Florida," the narrator says in the spot.
The recipients of clemency had been convicted on charges ranging from defrauding the federal government to theft.
Instead he was charged with defrauding investors out of more than $11 million between 2009 and 2014.
Three months later in December, he was charged with defrauding his investors out of millions of dollars.
One charge is for "defrauding an innkeeper," one of the oldest statutes on the books in Virginia.
Herbert Whalen, who worked with Clayton Morris selling investment properties in Indianapolis, was charged with defrauding clients.
Prosecutors said Greebel assisted Shkreli in defrauding Retrophin through a series of settlement and sham consulting agreements.
The art dealer stands accused of defrauding collectors and dealers out of millions of dollars in falsified transactions.
Normally upright people have few qualms about defrauding their insurer (as 25% of Americans do), pushing up premiums.
Shareholders have filed a lawsuit accusing the company of defrauding them by concealing safety deficiencies in the plane.
In September, the state suspended its relationship with Wells Fargo after the bank was accused of defrauding customers.
The two men face separate charges of defrauding investors by the SEC in connection with the bond sales.
They added that Lisov was accused of defrauding several banks of $855,000 between June 2012 and January 2015.
Kraft Heinz — Kraft Heinz faces a shareholder lawsuit accusing the company of defrauding shareholders about its business prospects.
Shkreli is about 17 months into a seven-year prison sentence for defrauding investors in a previous company.
Melgen was separately sentenced to 17 years in prison after getting convicted of defrauding Medicare of $73 million.
Aside from defrauding American taxpayers, the Gülen organization has an even more ominous objective in the United States.
In 2016, the Department of Education found that for-profit giant Corinthian Colleges was guilty of defrauding students.
In March, the United States Securities and Exchange Commission sued Volkswagen, accusing the company of defrauding American investors.
At the same time, federal prosecutors said, he was defrauding the client who helped raise his national profile.
It accuses Exxon Mobil of defrauding shareholders by lying about the risks of climate change to its business.
FBI agents are investigating Esposito for evidence of possible fraud, whether by defrauding his clients or financial fraud.
They were arrested this week and charged with larceny and defrauding a public community, the school district said.
Dennis Rodman's former business manager was busted for allegedly defrauding several pro athletes out of millions of dollars.
NEWPORT, Vt. – Vermont has settled a lawsuit against two ski resort developers accused of defrauding its immigrant investor program.
He's reportedly managed to get his company kicked off of two stock exchanges and is accused of defrauding investors.
I mean, when you&aposre talking about that type of money and money laundering and defrauding the United States.
The group is charged with defrauding the United States as part of a campaign to influence the US election.
"The cases involving contractors defrauding victims, to me, are the worst of the worse," Attorney General Christopher Porrino said.
In September, the agency charged both a diamond and a real estate initial coin offering scheme with defrauding investors.
He pleaded guilty to a felony charge of defrauding the state and faces up to 20 years in prison.
One example is an August 2013 case charging Bank of America with defrauding investors in subprime mortgage-backed securities.
The Securities and Exchange Commission is knocking, and they don't take too kindly to the practice of defrauding investors.
Schneiderman filed suit against Trump University for defrauding students and won a $25 million settlement after the 2016 election.
Avenatti also faces charges in California of wire fraud, bank fraud and other crimes, including for defrauding other clients.
Paul Manafort, Trump's former campaign manager, has been accused of defrauding Deripaska's company while working for it in Ukraine.
Mr. Rybolovlev has accused Mr. Bouvier of defrauding him in the purchases, a charge that Mr. Bouvier has denied.
""Payola was about DJs defrauding the owners of their stations and potentially hurting ratings by not making musical decisions.
Federal prosecutors accused the company of illegally marketing its powerful fentanyl painkiller and of defrauding government health care programs.
Ms. Meng was arrested in Canada last month on accusations of defrauding banks to help Huawei's business in Iran.
The club hired a man convicted of defrauding charities, who called himself the "King of Cons," as a consultant.
A financial advisory firm has been charged by the Securities and Exchange Commission with defrauding former professional football players.
In 1996, Chandraswamy was arrested on charges of defrauding Lakhubhai Pathak, a London-based Indian-born businessman, of $100,000.
Richard Leche, who was convicted of a defrauding scheme in 1940 and pardoned by President Harry Truman in 1953.
Holmes, who was childhood friends with Draper&aposs daughter, has been accused of defrauding investors regarding Theranos&apos technology.
Mr. Shkreli is charged with defrauding investors at two hedge funds that he ran, MSMB Capital and MSMB Healthcare.
Shkreli is charged with defrauding more than a half-dozen people who invested in two hedge funds he ran.
Iowa's attorney general sued the school in 2014, accusing it of defrauding students through deceptive marketing and enrollment practices.
He was charged with defrauding clients by selling them body parts infected with HIV and hepatitis without their knowledge.
A Florida man was arrested for impersonating country singer Jason Aldean and defrauding a mentally handicapped woman in Pinellas County.
However, that didn't stop McFarland from promoting the hell out the festival anyway, and also defrauding investors along the way.
A debtor could be jailed for up to five years for concealing property or defrauding creditors under the new law.
Whitaker also came under intense scrutiny for his association with a patent company that was accused of defrauding its clients.
A U.S. investor in March sued the company accusing it of defrauding shareholders by concealing insider trading conducted by Baazov.
Litvak was convicted of securities fraud and defrauding the government in March 2014 and sentenced to two years in prison.
I think the more worrying nightmare scenario is the one about it being misused for data purposes and defrauding people.
Clinton would increase federal regulatory enforcement for big businesses that exploit smaller businesses by not paying them or defrauding them.
The majority of the prison sentence — 20 years — is for defrauding those investors, and for committing wire and mail fraud.
While defrauding and embezzling from the credit union, Wong also allegedly sought money from several sources to purchase lottery tickets.
Avenatti has also been charged separately with defrauding Daniels, whose real name is Stephanie Clifford, in a book deal advance.
In November of 2017, three women from Akron, Ohio, were indicted for defrauding the Department of Education of $1.8 million.
Calvey, a U.S. citizen, and several other senior executives were arrested last week on suspicion of defrauding Vostochny Bank shareholders.
Cohen himself has now been convicted of defrauding the Internal Revenue Service, and thus the American government, by evading taxes.
Read More: Cohen Pleads Guilty and Details Trump's Involvement in Moscow Tower Project Prosecutors Effectively Accuse Trump of Defrauding Voters.
A shareholder has sued, accusing the company of defrauding shareholders by allegedly failing to disclose the use of flammable panels.
The former assessor faces charges of human smuggling in Utah and Arkansas and of defrauding Arizona's Medicaid system of $800,000.
In February, however, a district court in the small city of Kirov pronounced him guilty of defrauding a state company.
Mr. Greebel was charged with assisting Mr. Shkreli in defrauding Retrophin through a series of settlement and sham consulting agreements.
Anna Coliva, the director of the Galleria Borghese, will stand trial on charges of absenteeism and defrauding the public purse.
A grand jury issued a 24-count indictment in 2016 accusing him of defrauding the federal government and campaign committees.
The new securities fraud charge accuses Lynch of defrauding investors in connection with the purchase and sale of HP securities.
Bronfman's apparent collapse in U.S. District Court in Brooklyn came two days after Avenatti was accused by federal prosecutors in Manhattan and Los Angeles of trying to extort Nike for up to $25 million, defrauding a client out of a legal settlement, and defrauding a bank by offering the lender bogus income tax returns.
"We don't believe that at this point that he had any knowledge of the actual conspiracy and the defrauding," she said.
In a state indictment unsealed in August 2015, Paxton was charged with defrauding investors and illegally acting as a securities agent.
He told me that he ordered the G.P.S. device because he suspected that members of his sales team were defrauding Tiversa.
Paxton was indicted by a grand jury last year on charges of defrauding investors and illegally acting as a securities agent.
Six of them, including Bougy and Obeid, were convicted in absentia by a court in Alexandria of defrauding the boys' families.
In March 2017, the Federal Trade Commission accused the company of misrepresenting its services and defrauding customers of nearly $26 million.
The investigation also unveiled alleged criminal association, defrauding Italy's social security and pensions agency, inducing public officials to make false declarations.
It wasn't really about defrauding MAGA-drunk Republicans of their money—it was about exposing flaws in our fractured American system.
The motion does not seek to overturn Shkreli's conviction on two more serious counts of defrauding investors in his hedge funds.
A police source said the CBI, in a new case, has accused the Gitanjali group of defrauding PNB of $763 million.
Baring Vostok's founder, U.S. citizen Michael Calvey, and several other senior executives were detained on suspicion of defrauding Vostochny Bank shareholders.
In 2010, he was convicted of defrauding investors in a penny-stock scheme, and was sentenced to twelve years in prison.
Likewise the bureau didn't disclose to the court that: Such omissions are so glaring as to constitute defrauding a federal court.
That accuses the bank of defrauding investors and inflating its share price by hiding and failing to stop widespread money laundering.
Because robbing your local Little League is somehow viewed differently than defrauding your company or even sticking up a 0003-Eleven.
In 2013, Eric Schneiderman began investigating Trump University, a now-defunct real-estate seminar program, for defrauding thousands of its customers.
The law allows private citizens to file suit on behalf of the government against anyone believed to be defrauding the government.
Francis has pleaded guilty to bribing Navy officials and defrauding the government of more than $35 million, and is awaiting sentencing.
In India, HMIT was accused of defrauding thousands of creditors, including banks and senior citizens, as Business Insider reported last year.
Now the owner of MyPayrollHR, Michael Mann, has reportedly admitted to defrauding banks to receive $70 million in loans since 13.
He's facing 18 charges, including accusations of filing false tax returns, failing to report foreign bank accounts and defrauding several banks.
Earlier this year another tycoon, Wu Xiaohui, was sentenced to 18 years in prison for defrauding investors after a bribery investigation.
The broker who sold Rathburn body parts, Steve Gore, pleaded guilty to defrauding customers and is expected to testify against Rathburn.
In a litany of memos on Friday, prosecutors effectively accused the president of defrauding voters, questioning the legitimacy of his victory.
Chowaiki could be sentenced with up to 20 years in prison for defrauding collectors of around $20183 million worth of art.
Ms. Meng, who is Mr. Ren's daughter, has been accused of defrauding banks to help Huawei's business evade sanctions against Iran.
The indictment is a bit odd, though, because the defendants are accused of defrauding both the S.E.C. and the accounting board.
Moreover, prosecutors should be reluctant to rely on the uncorroborated word of a defendant who pleaded guilty to lying and defrauding.
The Justice Department has charged 10 former NFL players Wednesday with allegedly defrauding the health care benefit program for retired athletes.
The first three counts accuse Mr. Shkreli of defrauding investors at MSMB Capital, a hedge fund he ran starting in 2009.
Besides the pet scam, some of the newer tactics for defrauding older people focus on Social Security, grandparenting and employment searches.
That office previously fined DeVry and other for-profit colleges hundreds of millions of dollars for defrauding and lying to students.
But Westling argued Wednesday that none of the banks that Manafort is charged with defrauding ever complained about him to authorities.
Four days after Galvin brought charges, Montoya met with law enforcement and admitted to defrauding RMA investors, the criminal complaint said.
Volkswagen sued: The Securities and Exchange Commission is charging the German carmaker with defrauding investors over its infamous diesel emissions scandal.
The bureau enforced actions against Wells Fargo for its defrauding of millions of customers, which resulted in a $100-million fine.
In 2019 Oregon convicted 10 people of defrauding its mail-only system during the 2016 election—out of 2,051,448 votes cast.
He was also found guilty of defrauding insurance companies to peddle Subsys, an opioid spray approved for terminally ill cancer patients.
Money laundering charges brought against a defendant must be pegged to an underlying criminal offense such as bribery or defrauding a bank.
The account provided by former employees matches that of a Reddit post made earlier this week claiming AT&T was defrauding customers.
On Wednesday, the Securities and Exchange Commission charged her with defrauding investors and stripped her of control of the company she founded.
DiPierro was due to start her 366-day prison term in April after pleading guilty to charges of defrauding public assistance programs.
They were making thousands of dollars a month defrauding US and European advertisers, entirely off the radar, with no one the wiser.
The two men face separate charges of defrauding investors by the U.S. Securities and Exchange Commission in connection with the bond sales.
Weaver-Gates admitted in court to raising over $30,000 and defrauding 150 people in her scheme, many of whom had cancer themselves.
Earlier this year Ms Holmes settled civil charges brought by America's financial regulator, the Securities and Exchange Commission (SEC), of defrauding investors.
The Securities and Exchange Commission today has charged both a diamond and a real estate initial coin offering scheme with defrauding investors.
Federal prosecutors are charging Shrkeli with defrauding hedge fund investors and ransacking another pharma company he founded, Retrophin, to pay them back.
Kovacs and his associates are suspected of defrauding the European Parliament of funds worth 21,076 euros ($24,909.72) in total, Hungarian prosecutors said.
WASHINGTON (Reuters) - Former NFL player Merrill Robertson Jr. was charged on Wednesday by the U.S. Securities and Exchange Commission with defrauding investors.
Madoff has been behind bars since his 2008 arrest for defrauding thousands of investors – including actor Kevin Bacon – of billions of dollars.
A jury in August found Shkreli guilty of defrauding MSMB investors, but not guilty of conspiring with Greebel to steal from Retrophin.
Last summer, he was charged with defrauding investors when he ran hedge funds and a different pharmaceutical company early in his career.
The police have said that Ms. Catlin, 303, crossed a line, misrepresenting herself as a licensed midwife, defrauding clients and endangering them.
He has separately come under scrutiny for his role with a company that a federal judge shut down for defrauding its customers.
The state sued Trump University in 2013 for defrauding students, part of a legal case which led to a $25 million settlement.
In 2015, he pleaded guilty in Manhattan to charges of defrauding investors in a securities company he owned out of $11 million.
Melgen, 63, was convicted earlier this year in a separate case of defrauding Medicare of more than $90 million through illegal overbilling.
You just need to have a cell phone and the list of names and you can start defrauding people, just like that.
Mohseni Ejei also told reporters that an unnamed Iranian-American was arrested for defrauding people seeking U.S. residence of $2.6 million, Mizan reported.
Martin Shkreli, the New York businessman charged by federal prosecutors with defrauding his former hedge fund investors, is worth at least $45 million.
You have companies like Goldman Sachs, who just recently paid a settlement fine with the federal government for $5 billion for defrauding investors.
He's also accused of defrauding a bank for millions of dollars worth of loans by submitting fake tax returns between 2011 and 2013.
Initial charges of defrauding the Reich were dropped as the Nazis instead went about removing all traces of Ratjen from their sporting past.
Carlos Uresti (D), after Uresti was found guilty of charges related to defrauding investors in an oil services company and sentenced to prison.
Messi and his father were found guilty of defrauding the Spanish government in 2016, and were both handed 21-month suspended prison sentences.
McFarland is a villain, of course; both documentaries demonstrate him to be a compulsive liar and a man addicted to defrauding other people.
Attorneys general are expected as soon as today to announce their own settlement with Volkswagen, for $500 million in penalties for defrauding consumers.
Prosecutors charge that Shkreli looted Retrophin of stock to pay off investors in his hedge fund that he is also accused of defrauding.
Knippa was one of nine defendants, including stock promoters, brokers and investor relations officials, accused last May of defrauding investors into buying ForceField.
He pleaded guilty to a felony charge of defrauding the state and faces up to 20 years in prison,  according to WSAZ-TV .
RUBIO: He has defrauding people out of things, and not just — and not just, by the way, on the issue of Trump University.
More recently, federal prosecutors in April charged two Vermont developers, Ariel Quiros and William Stenger, with defrauding investors from at least 74 countries.
Peter Henning's take: The S.E.C.'s case shows that it considers privately held companies as capable of defrauding investors as publicly traded ones.
The bank already faced widespread condemnation from regulators, lawmakers and enraged customers for opening fake accounts and otherwise deceiving and defrauding its customers.
Mr. Manafort is accused of hiding income and defrauding banks, and his longtime business associate and campaign deputy, Rick Gates, faces similar charges.
F.B.I. agents have reviewed financial records related to Mr. Yohai, who has been accused in a lawsuit of defrauding investors, the sources said.
In 2018, he was sentenced to prison for defrauding investors in hedge funds he ran by lying about his performance and track record.
In 2017, Ronaldo was accused by the Spanish government of defrauding Spain's revenue offices of almost €15 million ($17.5 million) in unpaid taxes.
He also is accused of defrauding the drug company he founded, Retrophin, out of stock shares and cash to pay back those investors.
Counts four through six have to do with defrauding investors at MSMB Healthcare — a slightly weaker case, in terms of the evidence presented.
WASHINGTON (AP) — Ten former NFL players have been charged with defrauding the league&aposs health care benefit program, the Justice Department said Thursday.
In his other pending case, in California, Avenatti is accused of defrauding other clients out of millions of dollars, tax crimes and perjury.
Avenatti could already be facing decades in prison and is still facing trial in two other cases for allegedly defrauding his legal clients.
Last month, Malaysia filed criminal charges against Goldman Sachs, accusing the bank of defrauding investors by raising more than $6 billion for 1MDB.
Prosecutors accused Manafort of failing to pay more than $6 million in taxes, and defrauding three financial institutions of more than $25 million.
The prosecutors in California also accused the lawyer of defrauding a bank with phony tax returns to obtain millions of dollars in loans.
That donation came right around the same time Bondi decided Florida would not join a lawsuit filed over Trump University allegedly defrauding students.
Several former top Insys executives — including John Kapoor, the company's billionaire founder — have been arrested and charged with bribing doctors and defrauding insurance companies.
But even under that standard, the panel ruled, Vincent Beacom's belief that Oracle was defrauding its investors via inflated revenue projections was objectively unreasonable.
In March, its founder pleaded guilty to two counts of wire fraud for defrauding investors and a ticket vendor in connection with the event.
Federal authorities have charged two employees of a Bay Area solar energy company of defrauding investors of $1 billion, according to the Associated Press.
A jury in October found former HSBC executive Mark Johnson guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.
The SEC filed a civil suit in March accusing Volkswagen and its former chief executive, Martin Winterkorn, of defrauding investors in U.S. bond offerings.
Naqvi was arrested in Britain last month and has been awaiting potential extradition to the United States where he faces charges of defrauding investors.
In California the federal charges against him include failing to file taxes, failing to pay taxes, stealing from five clients and defrauding a bank.
The latest involves a diamond dealer who is said to have fled the country after allegedly defrauding a state-owned bank of some $1.8bn.
Melngailis and Strangis are accused of defrauding 84 workers up to $3,500 each for a total of over $40,000, Thompson said in the statement.
Each of the four defendants was charged with four conspiracy counts for alleged bank fraud, evading sanctions, money laundering and defrauding the United States.
A former senior banker at HSBC was found guilty by a jury in New York of defrauding a client in a $3.5bn currency trade.
He quietly cut a plea deal last month and admitted to defrauding the United States, money laundering, and bank fraud, according to court documents.
In February, the Justice Department announced a , charging more 250 defendants of defrauding seniors in a variety of schemes including mass mailing and telemarketing.
Theranos founder Elizabeth Holmes and former company president Ramesh "Sunny" Balwani were accused Friday by federal prosecutors of criminally defrauding investors, patients and doctors.
The Swiss bank has been accused of defrauding investors by selling residential mortgage-backed securities during the run up to the 2008 financial crisis.
To catch up: Just last week, a prosecutor in Spain accused Ronaldo of defrauding the Spanish government of more than $16 million in taxes.
The woman was ordered to pay $1.6 million in restitution and serve 40 months in prison after defrauding a Houston medical student, prosecutors said.
In 2016, Messi and his father, Jorge Horacio Messi, were found guilty on three counts of defrauding tax authorities of €4.1 million ($4.6 million).
In 6003, he was accused by the Spanish government of defrauding the country's revenue offices of almost €15 million ($17.5 million) in unpaid taxes.
Shkreli, 20123, is accused of defrauding multiple investors in two hedge funds he ran by lying to them about the performance of those funds.
When Sterling refused to pay Dunleavy the money that was contractually owed him — Sterling accused Dunleavy of "defrauding" the organization — Dunleavy sued the franchise.
In late May, federal prosecutors in New York further charged Avenatti with identity theft and defrauding his famous client Stormy Daniels out of $300,000.
Martin Shkreli and his former attorney Evan Greebel on Friday were charged with defrauding potential investors in San Diego, according to The Associated Press.
In 2017, he was accused by the Spanish government of defrauding the country's revenue offices of almost €15 million ($17.5 million) in unpaid taxes.
But existing whistle-blower programs generally apply only if a company is defrauding the government or there are significant securities, commodity or tax violations.
" In another email to an investor who Shkreli is accused of defrauding, Shkreli wrote, "My lawyers are lazy, and stupid and paid too much.
The former pharmaceuticals executive is charged with defrauding investors in two hedge funds he ran, as well as a drug company he founded, Retrophin.
Prosecutors in the Avenatti case say the lawyer used money from one set of crimes to fund other scams, including defrauding his own clients.
A judge ruled on Tuesday that Holmes can't be pursued by federal prosecutors for allegedly defrauding patients and doctors with Theranos' faulty blood-testing machines.
U.S. markets regulators said this month they plan to take more aggressive enforcement action against exchanges that may be defrauding investors or allowing market manipulation.
He also faces charges in New York of defrauding Daniels of $300,000 in book proceeds, and a separate fraud trial in Los Angeles in May.
Last year, blood-testing startup Theranos dramatically shut down after the company and its founder Elizabeth Holmes were charged by the SEC for defrauding investors.
Schmidt is charged with defrauding the government and violating the Clean Air Act, and is the second individual to receive criminal charges in the case.
Arif Naqvi was arrested in Britain last month and has been awaiting possible extradition to the United States where he faces charges of defrauding investors.
And Tesla and its CEO, Elon Musk sued by investors accusing them of defrauding shareholders in an attempt to manipulate the company&aposs stock price.
Prosecutors said Shkreli engaged in a Ponzi-like scheme, defrauding hedge fund investors and then misappropriating $11 million in assets from Retrophin to repay them.
Bartomeu, Rosell, who resigned over the allegations, and the club have been accused of defrauding the tax office of some 13 million euros ($14.1 million).
Choksi, who is one of the key people accused of defrauding Punjab National Bank of $2 billion, fled India before the accusations surfaced last year.
It's unclear why a local police department's financial crimes unit took on the case, as Neu allegedly participated in defrauding people all over the country.
The prosecutors in Malaysia filed charges against Goldman on Monday, accusing it of defrauding investors by raising more than $6 billion for the fund. nyti.
Most of the counts are built around defrauding Citizens Bank, leaving just four or five more charges pertaining to his involvement with a second bank.
Federal authorities accused him of defrauding employees by requiring them to work two "voluntary" hours a day without pay, in violation of Labor Department regulations.
Charles H. Keating Jr., who died in 2014, went to prison after defrauding thousands of people who had deposited money in savings and loan institutions.
Francis pled guilty to defrauding the government of millions of dollars, while more than 17 senior Navy and Pentagon officials pled guilty to criminal misconduct.
Francis pleaded guilty to defrauding the government of millions of dollars, while more than 17 senior Navy and Pentagon officials pleaded guilty to criminal misconduct.
For its critics, the charges against community and regional bankers fudging their accounts and defrauding the bailout fund are in some ways beside the point.
She faces extradition to the US, as well as a possible 30-year prison sentence if found guilty of defrauding banks to circumvent American sanctions.
Shkreli stepped down as Turing's chief executive officer in December 2015 after he was charged with defrauding investors in two hedge funds he once ran.
Federal prosecutors on Friday charged Theranos founder Elizabeth Holmes and former Theranos president Sunny Balwani with 11 counts of criminally defrauding investors, patients and doctors.
Two Federal Savings Bank executives testified on Friday — the ninth day of the trial — accusing Manafort of "defrauding the bank of $16 million," CNN reports.
Prosecutors said Shkreli had engaged in a Ponzi-like scheme, defrauding investors in MSMB and misappropriating $11 million in assets from Retrophin to repay them.
Rathburn, however, is charged with defrauding customers by selling them body parts infected with hepatitis and HIV, and with lying to federal agents about shipments.
Four years later, in 2015, the Justice Department indicted him on charges of fraud and other crimes arising from alleged activities, including defrauding the Bronfmans.
Prosecutors there accused him of stealing millions of dollars from clients, lying to the Internal Revenue Service and a bankruptcy court, and defrauding a bank.
This year, he agreed to pay a $179,000 fine to the Securities and Exchange Commission for defrauding investors of another of his companies, Function(x).
Prosecutors there accused him of stealing millions of dollars from clients, lying to the Internal Revenue Service and a bankruptcy court, and defrauding a bank.
She is accused of defrauding the bank HSBC by lying about the purpose of a shell company that did business with Iran, defying US sanctions.
Mr. Schmidt, formerly Volkswagen's top emissions compliance executive in the United States, has been charged with defrauding the government and violating the Clean Air Act.
Prosecutors charge that Shkreli ripped off Retrophin of stock and cash to pay back investors he is also accused of defrauding at his hedge funds.
A different jury in August 2017 found Shkreli guilty of defrauding hedge fund investors, but not guilty of conspiring with Greebel to steal from Retrophin.
Trump — who accused Democrats of "defrauding the public with ridiculous bullshit" during another part of Thursday's speech — is willing to hit below the belt if necessary.
Photo: Toby Talbot (AP)Federal prosecutors have charged hundreds of people with allegedly defrauding the US government's health care system out of a combined $2 billion.
I tried to contact O'Brien in many different ways, but he remained elusive; months after I called, he was disbarred and jailed for defrauding a client.
In 4673, she had the No. 1 spot on Forbes' "50 Richest Self-Made Women" list; in 2018 she was indicted on charges of defrauding investors.
But while these decisions can make sense individually, they let serial offenders repeat their crimes over and over again — defrauding both individuals and the federal government.
In March, McFarland, 26, pleaded guilty to two counts of wire fraud for defrauding investors and a ticket vendor in connection with the April 2017 event.
Desbois's whistleblower lawsuit accuses Safran of defrauding the US government out of about $1 billion, and if the suit is successful he stands to collect millions.
Shkreli, who was found guilty by a jury last month of defrauding investors in two hedge funds, has been out on bail awaiting his sentencing hearing.
Many were charged with defrauding the US government by "impairing" and "obstructing" lawful government functions, like the ability of the Federal Election Commission to regulate elections.
Khater Massaad and Gela Mikadze were sentenced on April 26 by a court in Ras al-Khaimah (RAK) for defrauding RAKIA of $17.2 million in 2011.
That means the feds aren't just letting banks and top executives off easy for defrauding customers—they're shortchanging victims of murder, sexual assault, and child abuse.
The Securities and Exchange Commission is charging Volkswagen and former CEO Martin Winterkorn with defrauding American investors during an emissions scandal, The Associated Press reported Friday.
Charles Banks, 49, was indicted by a grand jury on two counts of federal wire fraud on suspicion of defrauding Duncan, U.S. prosecutors in Texas said.
Manafort was accused by Mueller of defrauding the U.S. and its financial institutions after Yanukovich lost power in Ukraine, which dried up Manafort's consulting operation there.
He was also accused of defrauding The Peoples Bank in Mississippi of $4.1 million in loans by submitting false personal income tax returns for 2011-2013.
He was also charged with defrauding a Mississippi bank of $4.1 million in loans by submitting false tax returns for 2011-2013 that inflated his income.
Ja Rule remains on the hook for allegedly defrauding thousands of Fyre Fest ticket buyers after shooting his shot with the judge ... and coming up short.
The fund's founder, U.S. citizen Michael Calvey, and several other senior executives at the fund, were detained last week on suspicion of defrauding Vostochny bank shareholders.
Meanwhile, Hansen had been a top lobbyist for the entire for-profit college industry, which has paid out hundreds of millions in fines for defrauding students.
Lionel and Jorge Horacio Messi are accused by the Spanish tax office of defrauding the government of 4.2 million euros ($4.7 million) between 2007 and 2009.
Isaac Choi, the founder and CEO of a shuttered start-up called WrkRiot, pleaded guilty on Monday for defrauding former employees, according to the Justice Department.
The two men are alleged to have used tax havens in Belize and Uruguay to hide image rights earnings, defrauding Spanish authorities of more than €4m.
"It did so, the suit alleges by "lying to and defrauding, customers, regulators, and its own pilots and employees, risking thousands of lives in the process.
Shkreli, 35, was convicted in August of defrauding a group of hedge fund investors and of manipulating the stock in another drug company he founded, Retrophin.
Huawei was also accused of defrauding four big banks (one of which is known to be HSBC) into clearing transactions that violated international sanctions on Iran.
Last month Abraaj's founder Arif Naqvi was arrested in Britain and is awaiting potential extradition to the United States where he faces charges of defrauding investors.
In July 2016, the Argentine and his father were both found guilty of defrauding the Spanish government of €4.1 million ($4.5 million) between 2007 and 2009.
If Kraninger is confirmed, she'd wield broad authority to regulate the financial sector and crack down on banks and lenders accused of defrauding or abusing consumers.
Prosecutors accuse Shkreli of defrauding investors at his hedge funds by lying to them about their performance, which in contrast to his sunny claims, was poor.
The ability to incorporate secretly in the U.S. has enabled criminals to carry out all sorts of crimes—from defrauding school districts to laundering drug money.
Apple already faces lawsuits in the United States over accusations of defrauding iPhone users by slowing down devices without warning to compensate for poor battery performance.
The defendants are accused of misleading and defrauding the government agency that regulates the veterinary care for racehorses by disguising the banned drugs with misleading labels.
In recent years, though, there have been some criminal indictments against contractors charged with defrauding homeowners trying to restore homes damaged by Hurricane Sandy in 2012.
However, Matsumoto ruled Monday that he would still be held responsible for defrauding investors out of millions of dollars, because he secured their investments through fraud.
Mikhail Butkov, another K.G.B. defector, was imprisoned for three years for creating a fake business school and defrauding would-be students out of 1.5 million pounds.
Hours after POLITICO published this story, Trump's campaign sent a letter to Hawes accusing him of "defrauding" his donors and asking him to cease-and-desist.
Shkreli is accused of defrauding multiple investors at two hedge funds he ran in New York City by misleading them about the performance of those funds.
A California woman pitching herself as an immigration consultant was recently indicted for defrauding clients to the tune of more than $100,000, the Virginian-Pilot reports.
" Still, Trump mused Thursday whether the forewoman's posts were a "defrauding of the court" and wondered aloud if her comments "undermine our fair system of justice.
Trump also commuted the sentences of three women, two convicted on drug charges and one on charges of defrauding the federal government through her healthcare company.
In 2013, he pleaded guilty to defrauding the government of nearly $100,000 in unearned housing and veterans benefits, and served four months in a federal prison.
The Securities and Exchange Commission (SEC) is charging two companies for defrauding investors through initial coin offerings (ICOs) — a new method for raising capital with cryptocurrencies.
Manafort and Gates are accused of defrauding U.S. banks and other lenders by lying about Manafort's income, debt and the nature of his real estate properties.
Ms. Graber filed her suit under the False Claims Act, a Civil War-era law passed by Congress to guard against suppliers' defrauding the Union Army.
Fall River's saga began in October, when its then-20173-year-old mayor, Jasiel Correia, was arrested on charges of defrauding investors and falsifying tax returns.
By March of this year, the Securities and Exchange Commission had charged Holmes with defrauding investors and stripped her of control of the company she founded.
In March 2009 Bernie Madoff, now 79, pleaded guilty to running a $65 billion Ponzi scheme and defrauding tens of thousands of people out of $20 billion.
New York Attorney General Barbara Underwood announced a record $174.2 million consumer fraud settlement Tuesday with Charter Communications and Spectrum Management Holding Company for defrauding internet subscribers.
The lawsuit, filed in State Supreme Court in Manhattan, accuses Spectrum of defrauding customers since 2012 by charging them for services it knew it could not provide.
Shkreli, 32, stepped down last month as chief executive of Turing Pharmaceuticals Inc following his arrest for allegedly defrauding investors in two hedge funds he once ran.
Belfort, 55, has had a resurrection of sorts since landing in jail in 2003 after the U.S. Securities and Exchange Commission hit his firm for defrauding clients.
China has said previously it has a right to extradite these people as they are suspected of defrauding Chinese nationals and have caused great distress and harm.
Mylan execs are set to testify before the House on Wednesday, and on Tuesday the state of West Virginia accused the company of defrauding Medicaid as well.
Although no one who attended the conference reported getting sick, Rathburn faces trial in January on charges of defrauding health care workers and lying to federal agents.
Shkreli, 34, was convicted in August of defrauding investors of two hedge funds he ran, MSMB Capital and MSMB Healthcare, and of conspiring to manipulate Retrophin stock.
She's also been indicted for allegedly defrauding investors out of hundreds of millions of dollars and deceiving hundreds of patients and doctors with the bogus blood test.
Shkreli was convicted of defrauding investors in his two failed hedge funds, MSMB Capital Management and MSMB Healthcare Management, by concealing trading losses behind fake account statements.
TO executive and the former chief of mail order pharmacy Philidor Rx Services were found guilty on Tuesday of defrauding Valeant through a multimillion-dollar kickback scheme.
His defense attorney is Herve Temime, who has previously represented Roman Polanski and Fran ois Marie Banier, who was convicted of defrauding L'Or al heiress Liliane Bettencourt.
He has since filed a whistle-blower suit against ITT Technical Institutes in federal court, accusing the company of defrauding the government of money and wrongful termination.
McFarland had already pleaded guilty in March to two counts of wire fraud for defrauding Fyre Festival investors and ticket vendors of about $26 million, prosecutors said.
A jury in Brooklyn, New York, convicted Shkreli in August 2017 of defrauding investors in hedge funds he once ran, and conspiring to manipulate Retrophin's stock price.
On March 16, Texas securities regulators ordered Mowery and its founder to pay a total of $90,000 in civil penalties for defrauding investors, according to a filing.
Both women turned themselves into the New Canaan police department over the weekend, and both of them have been charged with larceny and defrauding a public community.
Rezakhani, also 28, pleaded guilty in July 2016 to mail fraud, bank fraud and filing a false tax return after being accused of defrauding Apple Inc AAPL.
A former hedge fund executive faces federal charges for defrauding a UK-based charity over investments in Africa, according to a grand jury indictment made public Wednesday.
The temptation for factory owners to then use sub-suppliers or home workers, or save money by defrauding their workers or the government, was hard to resist.
Even Elizabeth Holmes, chief executive of the defunct medical company Theranos, who is now facing criminal charges of defrauding investors, did not receive a permanent industry ban.
TEAM OWNER SENTENCED David Staral, the former owner of the Chicago Rush of the Arena Football League, was sentenced to 3 ½ years in prison for defrauding investors.
The lawsuit charged that the credit unions and ITT executives ran a loan scheme that fattened executive compensation while hurting the company's bottom line and defrauding taxpayers.
Hackers were able to gain control of a prominent seller's account, which resulted in them defrauding an estimated 1,700 overseas clients of some $1 million in sales.
"Today's decision is a clear victory in our effort to hold Donald Trump and Trump University accountable for defrauding thousands of students," Schneiderman said in a statement.
In 1997, the couple were convicted of defrauding the employee-benefit fund of the union that represented workers of a catering hall they owned in Nassau County.
He wasn't a PI. He was James Howard-Higgins, a convicted felon who BuzzFeed News later found had spent time in prison for defrauding his business partners.
Both are accused by the Spanish tax office of defrauding the government of 4.2 million euros ($4.8 million) between 2007 and 2009 but have denied any wrongdoing.
Federal officials on Thursday charged a Texas pastor and Louisiana financial planner with defrauding investors out of close to $1 million by selling them defunct Chinese bonds.
Prosecutors said they played critical roles in defrauding investors at Agape, which was founded by Nicholas Cosmo after he had served 21 months in prison for fraud.
Last Friday the Wall Street Journal reported that Valeant is under federal criminal investigation for allegedly defrauding insurers through its now-defunct, formerly secret distributor pharmacy, Philidor.
Helios and Matheson Information Technology, a defunct Indian tech company, stands accused in its home country of defrauding at least 5,000 creditors, including banks and senior citizens.
Deripaska has since filed a civil lawsuit in New York state court against Gates and Manafort that accuses them of defrauding him out of an investment deal.
Helios and Matheson posted huge quarterly losses in August and was looking at a shareholder lawsuit that accused CEO Ted Farnsworth and CFO Stuart Benson of defrauding shareholders.
It seems unclear whether the shop's owners are defrauding their customers or just really terrible business people, but either way, John is now thankful they came after him.
Though McFarland was eventually sentenced to six years in jail for defrauding investors in October 2018, Ja Rule has mostly emerged unscathed — denying all liability in the incidents.
MOSCOW (Reuters) - Russia on Thursday detained a former cabinet minister and oil executive on suspicion of defrauding Russian oil giant Rosneft, the Investigative Committee's spokeswoman Svetlana Petrenko said.
The company and three executives were charged with misleading and defrauding physicians and consumers, and they pleaded guilty, agreeing to pay $634.5 million in criminal and civil fines.
Canada arrested Huawei's Chief Financial Officer Meng Wanzhou on charges of defrauding banks, including HSBC and Standard Chartered, by concealing payments from Iran in violation of U.S. sanctions.
TO was sued on Thursday by a U.S. investor who accused the Canadian gambling website operator of defrauding shareholders by concealing insider trading conducted by its chief executive.
Manafort is accused of defrauding or attempting to defraud three banks by submitting false information about his income, debts, and how he was using one of his properties.
But in 2015, the SEC accused Tilton of defrauding investors in the three funds, all called "Zohar," which had raised $2.5 billion to make loans to distressed companies.
Carey said "it was not an attempt at defrauding the US government" and added that she and Moore were working to resolve the matter as quickly as possible.
He was also accused in that case of defrauding a Mississippi bank by using bogus federal income tax returns to apply for and receive $4 million in loans.
In the US, the SEC has also charged the ex-CEO for defrauding investors due to the scandal, but he is unlikely to be extradited by German authorities.
" Senator Elizabeth Warren, Democrat of Massachusetts, said some drug companies had been caught defrauding Medicare and Medicaid while reaping "enormous profits as a result of federal research investments.
Shkreli is accused of looting the pharma company Retrophin of $11 million to pay off investors he was suspected of previously defrauding in a hedge fund he ran.
In the criminal case, Shkreli is accused of looting his former drug company, Retrophin, to pay back investors in his hedge fund, whom he was suspected of defrauding.
A lawsuit accuses Trump and the for-profit school of defrauding thousands of people, including many who paid as much as $35,000 to learn Trump's real estate strategies.
A federal judge ordered former drug company CEO Martin Shkreli to jail on Wednesday to await sentencing on charges of defrauding investors, The New York Daily News reported.
The results come nearly a year after PNB revealed it was hit by a $2 billion fraud, with two jewellery groups defrauding it in India's biggest banking scam.
The physician listed in state records as the nursing home's manager, Dr. Jack Michel, was accused by state and federal regulators in 2004 of defrauding Medicare and Medicaid.
Shkreli, 20123, has pleaded not guilty to charges of looting Retrophin of stock and cash to repay investors he also is accused of defrauding at his hedge funds.
A jury convicted the three men last fall of defrauding the University of Louisville and, in Gatto's case, also North Carolina State University and the University of Kansas.
A veteran Republican lobbyist and political operative, Mr. Manafort has also been charged with defrauding banks in loans he obtained after Mr. Yanukovych fled to Russia in 2014.
Ten days later, a state prosecutor accused him of defrauding the Spanish tax office of 14.7 million euros, about $16.5 million, in unpaid taxes from 2011 to 2014.
The deals were funded by Mr. Manafort, and F.B.I. agents have reviewed financial records related to Mr. Yohai, who has been accused in a lawsuit of defrauding investors.
Count seven carried the most weight for sentencing, charging Mr. Shkreli with defrauding Retrophin by creating sham consulting agreements and unauthorized settlement agreements to pay back MSMB investors.
READ: Transcript of Paul Manafort sealed hearing Manafort was convicted on eight counts: five of tax fraud, hiding a foreign bank account and defrauding two banks for loans.
They also once hosted a fund-raising breakfast for another Democrat, Eric T. Schneiderman, the attorney general of New York, who sued Trump University for allegedly defrauding students.
A North Philadelphia restaurateur who gained local fame last year for spending $25,000 on her son's prom, including camels, has been charged with defrauding the Social Security Administration.
The 34-year-old Manhattan resident is charged with defrauding more than a half-dozen people who invested in two hedge funds he ran from 2009 through 2012.
WASHINGTON (Reuters) - A Detroit businessman who sold and leased donated body parts for two decades was convicted Monday of defrauding medical customers by selling them diseased human remains.
Earlier this month, United States Attorney Josh Minkler announced that three individuals were sentenced up to 20173 months for defrauding Amazon out of $22017 million in consumer electronics items.
In 229, Bernie Madoff, a respected Wall Street financier, was sentenced to 150 years in prison after defrauding investors of $65 billion in the biggest scam in US history.
SAN FRANCISCO (Reuters) - California State Treasurer John Chiang on Wednesday announced a sweeping suspension of business relationships with Wells Fargo & Co as punishment for the company's defrauding of customers.
The men, he said, were trying to keep the law firm afloat during the financial crisis, in the process defrauding bank lenders and institutional investors in a debt offering.
Theranos founder Elizabeth Holmes is now under criminal investigation from the U.S. Attorney's Office, as well as an investigation from the Securities and Exchange Commission for possibly defrauding investors.
SAO PAULO (Reuters) - Brazilian police arrested suspects on Wednesday accused of defrauding sports confederations of public money, just three days after the Olympic Games ended in Rio de Janeiro.
He has been accused, along with other executives, of defrauding a bank that is owned by Baring Vostok and will remain in custody ahead of a trial in April.
Ms Brown has been accused of defrauding a federal government food programme and is expected to soon stand trial for a second time after her first ended in mistrial.
Joshua B. Newman, a New York entrepreneur charged last year with defrauding investors in several CrossFit training ventures, has reached a plea deal with federal prosecutors in New Jersey.
On Tuesday, Avenatti tweeted his expectation and denial of the charges: Indictment for extorting Nike Indictment for defrauding Daniels: Go deeper: Timeline: The rise and fall of Michael Avenatti
PARIS (Reuters) - A Dutchman dubbed the 'horror dentist' by French media was sentenced to eight years in jail on Tuesday for mutilating patients' mouths and defrauding social security services.
In court Lionel Messi admitted to signing contracts protecting his image rights but said he had no knowledge he was partaking in any wrongdoing or defrauding the Spanish state.
Scott Wolas, 69, pleaded guilty in Boston federal court to defrauding 20 investors in two real estate projects out of $1.7 million while he was using someone else's identity.
Last month, its newly formed Cyber Unit pressed charges for the first time against PlexCorps, which was accused of defrauding investors through a questionable initial coin offering, or ICO.
But in 2015, the SEC accused Tilton of defrauding investors in the three Zohar collateralized loan obligation funds, which had raised $2.5 billion to make loans to distressed companies.
Shkreli, 35, was convicted last summer in federal court in Brooklyn, New York, of defrauding a group of investors who had put money into two hedge funds he ran.
Even as late as the post-election transition period, Trump was allowed to settle a lawsuit about defrauding customers of his fake university rather than truly face the music.
Prosecutors said Shkreli engaged in a Ponzi-like scheme, defrauding investors in his hedge fund MSMB Capital Management and misappropriating $11 million in assets from Retrophin to repay them.
Lundstrom is among only a handful of U.S. bank chief executives to be convicted at trial for defrauding investors and regulators shortly before, during or after the financial crisis.
Shenzhen's move came after the collapse of Ezubao, the country's biggest online P2P lender, which is accused of defrauding 900,000 investors of more than 50 billion yuan ($7.61 billion).
In May, Mr. Carr sued the state for refusing to release the names of "cheating landlords" who have been caught defrauding the J-51 program in audits that Gov.
The SEC charged Cambridge Capital Group Advisors of Tallahassee, attorney Phillip Timothy Howard and investment manager Don Warner Reinhard with defrauding 20 investors, who largely were the former players.
Rep. Brian Mast (R-Fla.) is returning more than $5,000 in campaign donations from a Florida businessman accused of defrauding people of millions of dollars in a marketing scam.
Ronaldo was told to appear in court on July 31, while Mourinho was accused by a state prosecutor of defrauding Spain's Tax Office of 3.3 million euros ($3.7 million).
Ezra Chowaiki, a Manhattan art dealer who was accused of defrauding art collectors and dealers in December, has pleaded guilty to one count of wire fraud in the case.
Shkreli was accused by prosecutors of defrauding a group of hedge fund investors, and then of ripping off the drug company he founded, Retrophin, to pay back their money.
He has also vocally defended Michael Calvey, the American investor currently under house arrest in Russia on state charges of defrauding a Russian bank, allegations Calvey says are untrue.
RONALDO ACCUSED OF TAX FRAUD A Spanish state prosecutor accused Real Madrid forward Cristiano Ronaldo of defrauding Spain's tax office of 14.7 million euros ($16.5 million) in unpaid taxes.
It's a very powerful way for these institutions to dodge accountability for defrauding students and their families, and then go right on using federal dollars to commit more fraud.
His bid to run for president of Russia was effectively derailed in February when a Russian court revived a four-year-old criminal conviction for defrauding a state company.
In fact, a New York Democratic assemblywoman was indicted in early January for allegedly personally defrauding the government of tens of thousands of dollars in Hurricane Sandy relief funds.
One senior aide recently worked at the very for-profit chain that just settled with 49 state attorneys general to cough up half a billion dollars for defrauding students.
In one of the investigations, the prosecutors are weighing charges against the officer of a bank that Mr. Manafort has acknowledged defrauding, according to people briefed on the matter.
In fact, the billing dispute ballooned into a federal investigation, and in 2015, Melgen was arrested on charges of defrauding Medicare of more than $90 million through false claims.
Laureate hasn't been accused of defrauding students, as other US for-profit colleges have, and Clinton apparently didn't go to bat for Laureate as it tried to expand abroad.
In March, the 2500-year-old lawyer pleaded guilty to defrauding the government of $22012m in federal disability benefits, the largest case of Social Security fraud in the country's history.
For works made from negatives, the photographers or their estates keep tight control to ensure that no new prints can be made, which would amount to defrauding the original buyers.
Federal authorities said that Mayor Miguel Ortiz is accused of defrauding the federal government of nearly $3 million in a separate scheme that began in 2013 and ended in 2016.
Every year since 2010, the Department of Justice has recovered at least $2 billion from hospitals, doctors, pharmaceutical firms and other health care companies for allegedly defrauding the federal government.
Under the U.S. charges, both men are accused of defrauding U.S. investors by inflating positions held by Abraaj in order to attract greater funds from them, causing them financial loss.
Yet the program's apparent simplicity (and the lack of guidelines on how to implement or monitor the program) has now led to the defrauding of tens of thousands of borrowers.
McFarland was later sentenced to six years to jail for defrauding investors, while Ja Rule is fighting to be removed as a defendant from a $100 million class action lawsuit.
Property developer Sergei Polonsky, who has been convicted of defrauding investors, also secured enough initial backing to seek clearance from the election commission to take part in the presidential race.
Wal-Mart is accused in the suit of defrauding shareholders, but Wal-Mart said a class action is "not appropriate" and may appeal the decision to certify a class action.
Last week, it charged the organizer of PlexCoin's token sale with fraud, two months after also charging the organizer of two real estate-focused initial coin offerings with defrauding investors.
They were also accused of lying to U.S. government officials about the transactions, laundering funds and defrauding several financial institutions by concealing the true nature of the transactions, prosecutors said.
That person is Ross McLellan, a former executive vice president at the Boston-based bank accused of defrauding clients by charging them secret commissions on billions of dollars of trades.
On Friday, an ex-Credit Suisse wealth manager was sentenced to five years in jail for defrauding clients including former Georgian prime minister Bidzina Ivanishvili and Russian oligarch Vitaly Malkin.
But the dissolute Sebastian — whose Bernie Madoff-like father has just been sent to prison for defrauding his moneyed peers out of millions — keeps Charlie at arm's length, playing coy.
As part of the Higher Education Act reauthorization, House Republicans are taking aim at a Department of Education rule meant to stop colleges from defrauding the federal student aid system.
The lobbyist convicted of corruption Jack Abramoff helped steer $20 million to a campaign against expanded gambling in Alabama on behalf of the Native American tribe he later admitted defrauding.
It has been the size and structure of the regulated, together with an enforcement regime that effectively imposes no real penalties on defrauding others or recklessly gambling with their money.
Asked directly about the compensation point, Hatch sidestepped the question, saying Facebook is focusing on what more it can do to stop scammers from defrauding people in the first place.
After sitting in the floor area anyway, Desmond was violently arrested and charged for defrauding the government of Nova Scotia for refusing to pay the tax difference between both tickets.
Rochester Drug Cooperative faces charges for conspiring to distribute drugs and defrauding the federal government — after the company didn't report thousands of suspicious orders of opioids, including oxycodone and fentanyl.
In the face of a possible life sentence, Mr. Wu had pleaded guilty to defrauding investors out of more than $10 billion and asked the court for a lighter sentence.
A U.S. appeals court upheld the conviction of Mark Johnson, a former HSBC Holdings Plc executive, who was sentenced for defrauding Cairn Energy Plc in a $3.5 billion currency trade.
As I pointed out in a recent column, defrauding this type of trader may be much more difficult to prove because orders in the market may not actually mislead anyone.
Vijay Mallya, known as the King of Good Times, a former parliamentarian and airline and liquor magnate, fled to Britain after being accused of defrauding banks of some $1.4 billion.
She says they were sent by a billionaire accused of defrauding the government of $5 billion and who is now locked in a fierce battle with the Ukrainian central bank.
WASHINGTON, Dec 12 (Reuters) - Federal authorities on Thursday charged 10 former National Football League players over an alleged scheme aimed at defrauding the U.S. football players' health care benefit program.
Last month, Spain's state prosecutor also accused former Real Madrid coach Jose Mourinho of defrauding 3.3 million euros ($3.7 million) in 2011 and 2012 from income made from image rights.
According to docs, obtained by TMZ, prosecutors are going after Martin's assets -- totaling nearly $7.4 million -- to pay down what he owes in restitution after getting convicted of defrauding investors.
In December, the company's finance chief, Meng Wanzhou, was arrested in Canada after the United States accused her of defrauding Huawei's banks and causing them to violate sanctions against Iran.
In the case filed in California on Monday, Mr. Avenatti was charged with embezzling from a client and with defrauding a bank by using false tax returns to obtain loans.
From the conception of Billy McFarland's first business ventures to his conviction for defrauding investors in order to fund the event, the Fyre Festival timeline is a long and twisted one.
A high-profile case, brought by the New York State Attorney General's office, accuses the company of defrauding is investors by misleading them on the projected cost of climate change regulations.
Spanish prosecutors have filed a lawsuit against the player accusing him of defrauding tax authorities of 14.7 million euros ($16.5 million) by hiding his image rights income between 2011 and 2014.
Emil Rensing, the former chief digital officer of premium cable network Epix, pled guilty today to defrauding his employer out of more than $7 million, according to the Department of Justice.
Prosecutors said they played critical roles in defrauding investors in a Ponzi scheme at Agape, which was founded by Nicholas Cosmo after he had served 21 months in prison for fraud.
Russia's investigative committee, the state body that investigates crime, said Dod and the chief accountant at Rushydro, Dmitry Finkel, had been charged with defrauding the company of large sums of money.
CrossFit Promoter Accused of Defrauding Investors Reaches Plea Deal | Federal prosecutors in New Jersey said in a court filing that an agreement with Joshua Newman was reached after months of negotiations.
One of the investors former drug company executive Martin Shkreli is accused of defrauding testified that Shkreli lied to him repeatedly, although he eventually made millions of dollars from the investment.
In August 2017, after the government launched its campaign against "diehard scams", police in the southern port of Beihai, Guangxi province, arrested 1,200 people for defrauding victims of 1.5bn yuan ($223m).
Several former top executives at a pharmaceutical company that sells the powerful painkiller fentanyl were arrested Thursday and accused of bribing doctors, defrauding insurance companies, and fueling America's opioid addiction crisis.
A jury last August found Shkreli guilty of defrauding investors in two hedge funds he ran, MSMB Capital and MSMB Healthcare, by sending them fake account statements and concealing huge losses.
I filed a case to get a federal injunction to stop the Small Business Administration from defrauding American small businesses by reporting federal contracts to Fortune 2628 firms as small businesses.
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission charged a California lawyer on Tuesday with defrauding people who signed up for an immigrant investor program aimed at creating jobs for Americans.
The SEC's enforcement division in 2015 accused Tilton of defrauding investors in the three so-called Zohar collateralized loan obligation funds, which raised $2.5 billion to make loans to distressed companies.
Manafort was convicted of defrauding the bank by securing a $3.4 million loan for his New York condo by saying that his family was living in it rather than renting it.
Nine miners, including Urzua, are taking legal action in Chile against two lawyers they accuse of defrauding them over the rights to a book and a Hollywood film starring Antonio Banderas.
"Lying to and defrauding the federal government is a very serious crime, regardless of a defendant's celebrity status," said Principal Deputy Assistant Attorney General Richard Zuckerman said in a news release.
NEW YORK (Reuters) - The former chief digital officer of the Epix cable television network pleaded guilty on Tuesday to defrauding his former employer of more than $7 million, U.S. prosecutors said.
Massive fraud Jeffs, his brother, Seth Jeffs, and other conspirators are accused of defrauding the government of over $12 million in Supplemental Nutrition Assistance Program -- more commonly known as food stamps.
SAN FRANCISCO, Sept 28 (Reuters) - California State Treasurer John Chiang on Wednesday announced a sweeping suspension of business relationships with Wells Fargo & Co as punishment for the company's defrauding of customers.
The church had been established shortly after Whitney who became an ordained minister through an online program was released from federal prison for defrauding investors in another scheme assisted by Parrish.
The Securities and Exchange Commission (SEC) has filed charges against Wells Fargo and a Rhode Island state agency for defrauding investors when it came to investing in a video game company.
He is accused of looting the former drug company he founded, Retrophin, out of millions to repay investors in two hedge funds he ran, whom he is also accused of defrauding.
Nine current and former executives at Korean Aerospace Industries (KAI) were indicted last October in Seoul on multiple charges including bribery, embezzlement and defrauding the South Korean government, the Post noted.
In 2009, Vishwantee Persaud was charged with "pretending" to practice witchcraft when she was accused of defrauding a lawyer out of $27,000 by posing as the spirit of his dead sister.
In 2005, Camp was convicted of conspiracy, healthcare fraud, and two charges of money laundering for his part in defrauding a mental health facility in Augusta, Georgia for over $2 million.
Ezra Chowaiki was sentenced Thursday in federal court in Manhattan to 18 months in prison and three years of supervised release for defrauding art dealers and collectors of millions of dollars.
We will use every resource at the government's disposal to act quickly to shut down these most despicable of scammers, whether they are defrauding consumers, committing identity theft, or delivering malware.
Other areas of focus grew out of Deutsche Bank's long history of criminal misconduct: manipulating markets, evading taxes, bribing foreign officials, violating international sanctions, defrauding customers, laundering money for Russian billionaires.
He also is charged with defrauding the drug company he subsequently founded, Retrophin, by using company stocks and cash to pay back the investors he allegedly ripped off at his funds.
Agility was the largest supplier to the U.S. army in the Middle East during the war in Iraq but was later accused of defrauding the military on multibillion-dollar supply contracts.
Judge T.S. Ellis sentenced Manafort to 47 months Thursday for defrauding banks and the government, and failing to pay taxes on millions of dollars in income earned from Ukrainian political consulting.
In May, Spain's Supreme Court rejected an appeal by Messi and stood by a Catalan regional court's 21-month prison sentence for defrauding authorities of 4.1 million euros on image rights.
NEW YORK, Oct 23 (Reuters) - A U.S. jury on Monday found a former HSBC Holdings Plc executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.
The series also profiled two Phoenix brokers — one who earned at least $12 million from the sale or use of donated body parts and one who pleaded guilty to defrauding customers.
Malaysia has also filed criminal charges against Goldman Sachs, accusing the Wall Street bank of making false and misleading statements and defrauding investors by raising more than $6 billion for 1MDB.
NEW YORK (Reuters) - A lawyer for former pharmaceutical executive Martin Shkreli on Friday urged a federal appeals court to overturn Shkreli's criminal conviction for defrauding investors in hedge funds he founded.
NEW YORK (Reuters) - U.S. prosecutors on Tuesday charged nine people with defrauding investors into buying the now essentially worthless stock of LED lighting provider ForceField Energy Inc, causing $131 million of losses.
Shkreli is currently free on bond on charges of defrauding the pharmaceutical company he previously headed, Retrophin, for the alleged purpose of repaying investors he had scammed while operating hedge funds earlier.
NEW YORK (Reuters) - A California movie producer who headed a boutique merchant bank was sentenced to eight years in prison on Wednesday, following his conviction for defrauding investors out of $26 million.
SAN ANTONIO (Reuters) - A wine industry businessman and financial manager was sentenced to four years in prison on Wednesday for defrauding millions of dollars from former National Basketball Association star Tim Duncan.
Wal-Mart Stores must face a class-action lawsuit accusing the world's largest retailer of defrauding shareholders by concealing suspected bribery to help it expand faster in Mexico, a U.S. judge said.
Mr Harow, who worked with Mr Netanyahu for more than a decade, agreed to testify in return for a reduced sentence in his own trial on charges of defrauding the tax authorities.
Former Real Madrid and Manchester United manager Jose Mourinho accepted a one-year prison sentence for defrauding the Spanish state of 3.3 million euros ($3.77 million), a Spanish court filing showed Tuesday.
As he noted in his testimony Thursday before the Senate Judiciary Committee, Browder's enemies in Russia -- the oligarchs defrauding their shareholders and the Russian taxpayer -- were for a time Putin's enemies, too.
Strevell was convicted in federal court of defrauding the state after he left the state department, which traditionally oversees official records, to serve as head of the state-funded Institute of Entrepreneurship.
The proposed class-action lawsuit made public on Wednesday is among the first accusing Kraft Heinz, whose other controlling shareholder is Warren Buffett's Berkshire Hathaway, of defrauding shareholders about its business prospects.
ROME (Reuters) - A Roman Catholic prelate has been arrested for allegedly defrauding hundreds of elderly people out of millions of euros through an elaborate money-laundering scheme, Italian police said on Wednesday.
NEW YORK (Reuters) - Amaya Inc was sued on Thursday by a U.S. investor who accused the Canadian gambling website operator of defrauding shareholders by concealing insider trading conducted by its chief executive.
Kraninger is also likely to face questions regarding how strictly she plans to penalize banks and lenders suspected of defrauding or abusing customers, and whether she will make personnel changes or cuts.
Acting Attorney General Matthew Whitaker served on the advisory board of a Florida company and promoted the business despite concerns from customers that the company was defrauding customers of their life savings.
The attorneys general are expected as soon as Tuesday to announce their own settlement with Volkswagen, for $500 million in penalties for defrauding consumers, according to a person briefed on the deal.
Together, the two rules were an important part of the Obama administration's crackdown on for-profit colleges like Corinthian and ITT Tech, which were accused of defrauding students and eventually shut down.
Iftikar Ahmed has been found liable for defrauding Oak Investment Partners, the venture capital firm where he served as a general partner and invested in such companies as Circle, Kayak and GMarket.
The suit, which was filed Monday, claims the Anchorage dentist committed a wild range of charges—most egregiously, defrauding Medicaid of $1.8 million by sedating patients using IV anesthetic for simple procedures.
"A lot of agents basically put ads out in India saying they'll pay out this amount of money and get a work visa—they're basically defrauding all these vulnerable people," Ho said.
He now awaits charges on accusations of stealing a car in Utah and allegedly defrauding a local social club and co-working space called The Wave, according to The Salt Lake Tribune.
They are investigating whether race officials accepted bribes to allow athletes using banned substances to compete in their events, and whether people knowingly entered drugged athletes into competition, possibly defrauding organized running.
The three former Credit Suisse bankers, along with two middlemen and three Mozambican government officials, were charged in 2018 for money laundering and defrauding U.S. investors who had invested in the loans.
The famous Siegfried "Ziggy" Heidl, a con man set to be sentenced for defrauding the banks of 700 million dollars while running the Australian Safety Organization, needs a ghostwriter for his autobiography.
The life and death of a scam in six parts, this new documentary series revisits an elaborate real-life scheme that involved a former police officer defrauding McDonald's out of $24 million.
WASHINGTON — Hundreds of people nationwide, including dozens of doctors, have been charged in health care fraud prosecutions, accused of collectively defrauding the government of $1.3 billion, the Justice Department said on Thursday.
Ex-NFL star Clinton Portis is accused of defrauding the NFL and stealing money from the league's healthcare program ... and now, the former RB is facing up to 20 YEARS behind bars.
"This bill would eliminate an important safeguard against violations of campaign finance law and the defrauding of taxpayers," Mr. Vance wrote in the letter, which The Daily News reported about on Friday.
The case against Mr. Schmidt, who is charged with defrauding the government and violating the Clean Air Act, would probably not be affected by a settlement between the company and federal authorities.
The stark difference in opinion will be critical to Shkreli's fate when he is sentenced for defrauding investors in two hedge funds he ran, as well as for the securities fraud count.
Last year, Barcelona forward Lionel Messi and his father, Jorge Horacio Messi, were found guilty on three counts of defrauding tax authorities of 4.1 million euros from income made from image rights.
A lawsuit filed by three car buyers last month in Federal District Court in Alexandria, Va., accused the company of defrauding customers by selling early prototypes not certified for sale by regulators.
It helps explain why Trump has such a long and rich history of defrauding investors, refusing to pay contractors, using his charitable foundation as a piggybank, and declaring bankruptcy to escape debt.
NEW YORK, June 28 (Reuters) - Lawyers for former pharmaceutical executive Martin Shkreli will urge a federal appeals court on Friday to overturn his criminal conviction for defrauding investors in hedge funds he founded.
The indictment accuses Shkreli of swindling $11 million out of the pharma company he founded, Retrophin, to pay off investors he was suspected of defrauding at hedge funds that he had previously run.
Mueller charged 303 Russians with defrauding the United States by using fake social media accounts to sow political and social discord in order to interfere with the 230 election and the political process.
Federal prosecutors in L.A. accused him in their prior complaint of defrauding a legal client by looting a $1.6 million civil settlement for that man to pay for Avenatti's personal and business expenses.
And it would pale next to fines levied against banks — such as the $22019 billion fine the Justice Department issued against Bank of America in 212 for defrauding consumers during the financial crisis.
A wealth manager already convicted of defrauding one former NBA star also stole $77 million from Kevin Garnett, and Garnett is suing his longtime accountant and accounting firm, saying they helped it happen.
In May, Vickers was released from prison after serving almost three years in a four-year sentence for trafficking in stolen property and defrauding a pawnbroker, according to the Florida Department of Corrections.
NEW YORK (Reuters) - Barclays Plc has failed to persuade a U.S. appeals court to unwind a class action lawsuit accusing the British bank of defrauding shareholders about its private "dark pool" trading platforms.
The proposed class-action lawsuit made public on Wednesday is among the first accusing Kraft Heinz, whose other controlling shareholder is Warren Buffett's Berkshire Hathaway Inc, of defrauding shareholders about its business prospects.
On Thursday, Billy McFarland, who organized the festival, was sentenced to six years in prison for defrauding investors and ticket holders by promising a high-end music festival that instead descended into chaos.
Photo: Gizmodo / Dell CameronThe former CEO of an Anchorage-based telecom was sentenced on Friday to five years in prison after pleading guilty to defrauding New York investors of more than $270 million.
In the criminal case, Shkrel is accused of looting a previous pharmaceutical company he had founded, Retrophin, in order to pay off investors he was suspected of defrauding at hedge funds he ran.
NEW YORK, July 18 (Reuters) - A federal appeals court on Thursday upheld the conviction and seven-year prison term of former pharmaceutical executive Martin Shkreli for defrauding investors in hedge funds he founded.
Alonso, who was part of Spain's World Cup-winning national team before retiring from the game in 2017, is accused of defrauding the Spanish state of two million euros between 2010 and 2012.
SEC Chairman Jay Clayton has been especially vocal about cracking down on bad actors manipulating initial coin offerings and other types of cryptocurrency operations he fears are defrauding investors and skirting securities laws.
Most of the new information in the filings concerns the multiple criminal acts that Cohen committed in defrauding banks, evading taxes, and lying to an array of people on an array of subjects.
U.S. investor Michael Calvey, the founder of the Baring Vostok private equity group, and some of his associates were detained in February on suspicion of defrauding Vostochny Bank shareholders, charges they have denied.
Eric T. Schneiderman, the attorney general of New York, one of the states leading the investigation, announced on Tuesday the states' own settlement with Volkswagen for $500 million in penalties for defrauding consumers.
N) has won the dismissal of a lawsuit accusing the credit card services company of defrauding shareholders about the loss in 2015 of a lucrative co-branding relationship with Costco Wholesale Corp (COST.
After Hurricanes Katrina, Rita and Wilma in 2005, a government fraud task force prosecuted 1,439 people for charity scams, defrauding the government and other charges, the New Orleans Times-Picayune reported in 2011.
"We will use every resource at the government's disposal to act quickly to shut down these most despicable of scammers, whether they are defrauding consumers, committing identity theft, or delivering malware," she said.
A Russian woman who was accused of blackmailing the former New York governor Eliot Spitzer over an affair was released from jail on Monday after she pleaded guilty to defrauding a second man.
"I'm going to show you lies told to you by the government," Jose Baez told the jury during a fiery closing argument in Brooklyn federal court, where Nordlicht faces charges of defrauding investors.
The company will also pay $195 million to settle allegations that it violated the federal False Claims Act, which involves defrauding the federal government through drug sales to health care programs like Medicare.
R.B.S., similarly suspected of defrauding investors in mortgage-backed securities, was facing a criminal investigation from federal prosecutors in Boston, who had obtained records of bank employees discussing "garbage" loans and "rampant" fraud.
The Trump administration, in its rush to delay and dismantle these crucial protections, has revealed itself as an administration eager to reward for-profits and wealthy investors for defrauding its students and veterans.
The charges against Mr. Manafort stemmed from allegations that between December 2015 and January 2017 he submitted false documentation to get mortgages from three financial institutions, defrauding them of more than $20 million.
Three men on Tuesday were arrested in Newark, N.J., on charges of defrauding investors of $722 million in a cryptocurrency mining scheme, the U.S. Attorney's Office for the District of New Jersey announced.
The former pharmaceutical executive was convicted of securities fraud and conspiracy in 2017 for defrauding investors out of more than $10 million between 2009 and 2014 in what prosecutors called a Ponzi scheme.
Maryland Attorney General Brian E. Frosh said in a news release that he would disclose details of the Volkswagen suit on Tuesday that accuses VW of violating state environmental laws and defrauding regulators.
William McFarland pleaded guilty in March to two counts of wire fraud for his role in defrauding Fyre Festival investors and ticket vendors of about $26 million, prosecutors said in a statement Thursday.
The Justice Department said Tuesday that Health Management Associates agreed to pay the penalties and entered a deferred prosecution deal for allegedly paying physicians kickbacks and defrauding Medicare, Medicaid and other federal programs.
SENTENCE IN GIANTS SEATS SCAM A New Jersey man has been sentenced to five years behind bars for defrauding more than a dozen people out of $22,20 in a Giants seat license scam.
"We do need to send the message that defrauding our immigration system for profit will not be tolerated and if you do so, you do so at your own peril," Showalter told CNN.
BOSTON (Reuters) - The U.S. Justice Department has issued a memo that lawyers say could result in fewer whistleblowers being allowed to pursue lawsuits on the agency's behalf against companies accused of defrauding the government.
"With this filing, we are sending a clear message that the Department of Justice will not tolerate the defrauding of investors and the American people," U.S. Attorney General Loretta Lynch said in a statement.
Naqvi was being held at Wandsworth Prison in London after he was arrested in April in connection with charges he faces in the United States of defrauding investors including the Bill & Melinda Gates Foundation.
He was convicted in 2016 of defrauding investors in two hedge funds he ran, and of conspiring to fraudulently manipulate stock shares of Retrophin, the pharmaceuticals company he founded after his hedge funds collapsed.
The Spanish court found the Argentine soccer star and his father, Jorge Horacio Messi, guilty of defrauding the tax department out of more than $4 million (4.1 million euros), according to the Associated Press.
Naqvi was being held at Wandsworth Prison in London after he was arrested in April in connection with charges he faces in the United States of defrauding investors including the Bill & Melinda Gates Foundation.
He&aposs charged with not paying taxes on millions of dollars from Ukraine and defrauding banks once that money spigot was cut off—plus such crimes against nature as buying a $15,000 ostrich coat.
In 1976 and 1980, Ronald Reagan stirred up racist rhetoric by using the term "welfare queens" — a label historically applied to single black women — as a cautionary tale against people defrauding the welfare system.
The for-profit school left more than 70,000 students in the lurch when it filed for bankruptcy and closed its doors shortly after the department issued it a $30 million fine for defrauding students.
The criminal trial, Ireland's longest ever, also convicted two former executives of failed Anglo Irish Bank, John Bowe and Willie McAteer, earlier this month on the same charges of defrauding investors, depositors and lenders.
NEW YORK, June 20 (Reuters) - The former chief digital officer of the Epix cable television network pleaded guilty on Tuesday to defrauding his former employer out of more than $7 million, U.S. prosecutors said.
A man who spent decades pretending to be a Saudi prince was sentenced on Friday to more than 18 years in prison for defrauding investors out of more than $8 million through his schemes.
Members of a Utah polygamist group admitted to defrauding the United States government of $512 million dollars in renewable fuel tax credits in what was reportedly the largest biofuel fraud case in U.S. history.
Some have speculated that Kolomoyskyi is behind Zelenskiy's campaign as a means to get back at Poroshenko and avoid Ukrainian criminal charges for his alleged role in defrauding Ukraine's PrivatBank of billions of dollars.
With this week's news that Theranos is under criminal investigation for, among other things, possibly defrauding Walgreens and other investors, the question is: What will it take for Walgreens to end its troubled relationship?
Paul Greenwood, a former executive at WG Trading Co in Greenwich, Connecticut, was sentenced by U.S. District Judge Loretta Preska in Manhattan for defrauding investors, including university foundations and charities, from 1996 to 093.
The government accused Goldman of defrauding investors by raising more than $303 billion for the 1MDB fund, which was supposed to benefit the country's residents but wound up enriching the company and others instead.
In a lawsuit filed late Thursday accusing Volkswagen of defrauding American investors, the Securities and Exchange Commission said the carmaker's former chief executive, Martin Winterkorn, knew about a "massive" emissions fraud in November 2007.
The strangest payments, former staff members said, went to Aaron Tonken, a fund-raising consultant hired in 2014, six years after his release from federal prison where he served four years for defrauding charities.
The Russian, Semion Y. Mogilevich, had been indicted three years earlier by the department on charges of defrauding a company outside Philadelphia out of $22016 million and could not travel for fear of arrest.
U.S. District Judge Paul Gardephe in Manhattan ruled the morning after Avenatti was arrested in California for potential violations of his bail conditions in a separate case there accusing him of defrauding other clients.
WASHINGTON — Martin Shkreli, a former pharmaceutical executive serving a seven-year prison sentence for defrauding investors, was accused on Monday of trying to maintain a monopoly over the lifesaving drug Daraprim through anticompetitive tactics.
In September, the Finance Ministry fined five companies for defrauding the government of $150 million by fabricating sales of electric vehicles to obtain more subsidies, and several companies have failed to make an impression.
Shkreli for weeks had weighed his chance to take the witness stand in Brooklyn, New York, federal court, where he is accused of defrauding hedge fund investors and the drug company he founded, Retrophin.
Nearly 22016 years after a nationwide chain of beauty and secretarial schools was closed for defrauding students, the Department of Education has agreed to help victims wipe clean their burdensome federal student loan debts.
U.S. District Judge Paul Gardephe in Manhattan ruled the morning after Avenatti was arrested in California for potential violations of his bail conditions, in a separate case there accusing him of defrauding other clients.
But the arrest of Avenatti for allegedly scheming to conceal assets from creditors, subsequent to being charged in California with 36 criminal counts, including defrauding millions of dollars from clients, may necessitate a delay.
The justices rejected arguments by Cochise Consultancy and Parsons Corporation that a whistleblower's lawsuit accusing the defense contractors of defrauding the U.S. Defense Department for work they performed in Iraq was filed too late.
Last year, Barcelona forward Lionel Messi and his father, Jorge Horacio Messi, were found guilty on three counts of defrauding tax authorities of 4.1 million euros ($4.6 million) from income made from image rights.
They accuse the company of paying 47.7 million Canadian dollars in bribes to officials in Libya to win contracts there, and of defrauding the Libyan government and its agencies of 129.8 million Canadian dollars.
The second indictment, filed in Brooklyn, accused Ms. Meng and Huawei of defrauding four banks into clearing transactions with Iran through a subsidiary, Skycom, with which the parent company claimed it had severed ties.
Lionel Messi, the highest paid footballer in the world, is going on trial in Barcelona today on charges of defrauding Spain of €4.1 million (£2.13 million; $4.6 million) in unpaid taxes, according to the Guardian.
NEW YORK (Reuters) - Two former executives at Transmar Commodity Group Ltd pleaded guilty on Friday to defrauding banks to win a $400 million credit line for the now bankrupt New Jersey-based cocoa trading company.
A federal appeals court has refused to revive a whistleblower's lawsuit accusing student lender Pennsylvania Higher Education Assistance Agency of defrauding a federal student loan financing program of millions of dollars from 2002 to 2006.
In January 2017, the Attorney General's office and the International Commission against Impunity in Guatemala (CICIG) accused both men of defrauding the land registry of $12,000 in 2013, using false invoices, before Morales was elected.
Manafort's lawyers had argued the government failed to show that one of the banks Manafort is accused of defrauding, Federal Savings Bank, relied on information about his finances that prosecutors say was false or fabricated.
They've been charged with larceny and defrauding a public community, a felony that could land them behind bars, where—if convicted—they could end up dishing slop onto plastic trays for up to ten years.
In the latest moment in a disastrous chain of events for the company, blood-testing startup Theranos and its CEO, Elizabeth Holmes, have been charged by the SEC with defrauding investors, the agency announced today.
NEW YORK (Reuters) - A U.S. appeals court on Tuesday upheld a judgment against Vivendi SA in a long-running shareholder class action lawsuit accusing the French media group of defrauding investors in the early 2180s.
It is the latest move in a battle surrounding the 20083 collapse of China Medical Technologies, whose founders are being prosecuted in the United States for allegedly defrauding investors out of more than $400 million.
PlexCorps has already run afoul of Canadian regulators, who ordered it to stop soliciting investment for PlexCoin; Lacroix himself was previously banned from dealing in securities after allegedly defrauding investors in a micro-loan venture.
Shkreli is accused of looting Retrophin to pay off investors whom he was suspected of defrauding at the hedge fund, and also is accused of misrepresenting the amount of assets his fund had under management.
NEW YORK, May 3 (Reuters) - U.S. prosecutors on Tuesday unveiled criminal charges accusing nine people of defrauding investors into buying the stock of LED lighting provider ForceField Energy Inc, causing roughly $131 million of losses.
Prosecutors accuse Shkreli, with Greebel's assistance, of looting a pharmaceuticals firm he had founded, Retrophin, out of millions of dollars to pay off investors he was accused of defrauding at hedge funds he had operated.
The New York attorney general's office announced on Wednesday a lawsuit filed against Spectrum-Time Warner Cable and its parent company, Charter Communications, for allegedly defrauding and misleading New Yorkers about internet speeds and quality.
But the judge said: "It was Enron (and its accountants and lawyers) ... that was responsible for using these transactions to 'cook its books,' creating its allegedly fraudulent financial statements," and ultimately defrauding the investing public.
Shkreli until then had been free on $5 million bail despite being convicted in August of defrauding a group of hedge-fund investors and of manipulating the stock of a drug company he founded, Retrophin.
WASHINGTON, May 31 (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday that California-based First Mortgage Corporation and six of its executives agreed to pay $12.7 million to settle charges of defrauding investors.
Various traders and middlemen, including two Dutchmen, were sentenced in France in April for defrauding customers and consumers under the scheme, which affected over a dozen European countries, and an estimated 4.5 million ready meals.
A federal judge on Monday dismissed a proposed class action accusing Allergan Plc's Warner Chilcott unit of illegally boosting prescriptions of osteoporosis medications Atelvia and Actonel and other drugs by bribing doctors and defrauding insurers.
A private arbiter has ordered that 21st Century Fox must pay $179 million in damages for allegedly defrauding the stars and executive producer of its hit show "Bones" out of millions of dollars in profit.
It said some precious metal and crude oil trading venues were suspected of engaging in illegal futures trading activities, while others were suspected of a range of offences including manipulating market prices and defrauding investors.
Elizabeth Holmes, the founder of scandal-ridden health tech company Theranos, is set to go on trial next summer to face criminal charges for allegedly defrauding investors, doctors and the public, The Associated Press reported.
While the debate proceeded, the President was making his own contribution to public discourse at a rally in Michigan ("The Democrats have to now decide whether they will continue defrauding the public with ridiculous bullshit").
Jurors had found Trinity liable for defrauding the Federal Highway Administration, which reimburses states for installing guardrails meeting its standards, and awarded $175 million, which was tripled to $525 million under the False Claims Act.
They often point to dubious business practices like Trump University, which faced a multi-state lawsuit, which Trump later paid $25 million to settle, for allegedly defrauding customers out of tens of thousands of dollars.
Based on this groundwork, in September 1999, the US Department of Justice filed a civil lawsuit against the big tobacco companies and their scientific and trade organizations for defrauding the public to keep them smoking.
It also took until 2016 for the bank to admit it played a role in defrauding investors during the subprime mortgage crisis, for which it paid a $5.1 billion settlement to the Department of Justice.
The company also said it would pay $195 million to settle allegations that it violated the federal False Claims Act, which involves defrauding the federal government through drug sales to health care programs like Medicare.
If the charge relates instead to the Democratic emails, that could mean prosecuting Mr. Assange for joining in a conspiracy to illegally hack computers or defrauding the government in its duty to administer election law.
They came up with a pretzel theory of law: If they could persuade agent's runners to offer money to coaches, all could be charged with defrauding the same universities that hired and encouraged these coaches.
Mr. Rybolovlev, among the world's most prolific art collectors, has accused Mr. Bouvier of defrauding him in the purchase of 22013 paintings for which companies controlled by Mr. Rybolovlev's family trust paid nearly $280 billion.
The Securities and Exchange Commission in September charged a Chicago-area rabbi, Zvi Feiner, with defrauding a group of Orthodox Jewish investors who had put money into the Rosewood properties and other elder care facilities.
If convicted of defrauding banks to conceal its dealings with Iran, Huawei could be excluded from the US financial system, which would make it much harder for the company to do business around the world.
"Lying to and defrauding the federal government is a very serious crime, regardless of a defendant's celebrity status," said Principal Deputy Assistant Attorney General Richard E. Zuckerman in the New Jersey US Attorney's 2018 statement.
The former New Orleans Saint was one of several ex-NFL players -- including Clinton Portis -- who was charged by federal prosecutors earlier this month with defrauding the Gene Upshaw NFL Player Health Reimbursement Account Plan.
Canadian authorities have accused the company of paying 47.7 million Canadian dollars in bribes to officials in Libya to win contracts there, and defrauding the Libyan government and its agencies of 129.8 million Canadian dollars.
Mr. Miller was found guilty in 2000 of defrauding clients of his private law practice in the 218s, when he was an Assembly member from Brooklyn but before becoming speaker of the Democratic-controlled body.
The 28-year-old is currently serving six years in prison for for defrauding Fyre Fest investors and ticket holders and later selling $100,000 of fake tickets to exclusive events like the Met Gala and Grammys.
Shkreli is accused of defrauding the pharmaceuticals company he founded, Retrophin, out of millions of dollars in order to pay back investors in hedge funds he previously ran, and whom he was accused of ripping off.
The Whizzinator was owned by Puck Technology at the time; three years later, co-owners of Puck Technology Dennis Catalano and Gerald Wills were charged with defrauding the US government for helping falsify drug test results.
The U.S. Justice Department is defending the constitutionality of a law that allows whistleblowers to pursue lawsuits on its behalf against companies accused of defrauding the government when the agency opts against pursuing the cases itself.
Ja Rule said he was mad at McFarland, who in 2018 pleaded guilty and was sentenced to six years in prison for his role in defrauding Fyre Festival investors and ticket vendors of about $26 million.
The younger Caspersen was busted in March on charges of defrauding a charitable foundation run by billionaire Louis Bacon out of almost $25 million, and an investor in Bacon's Moore Capital Management out of another $400,000.
The SEC has accused Tilton of defrauding investors in the three collateralized loan obligation funds by miscategorizing companies that missed interest payments as current rather than in default to avoid losing $200 million in managements fees.
Shkreli, 33, is accused by prosecutors of looting the pharma company Retrophin that he was then heading of $11 million to pay off investors he was suspected of previously defrauding in a hedge fund he ran.
NEW YORK (Reuters) - Three former executives at Transmar Commodity Group Ltd on Friday pleaded not guilty to defrauding banks to win a $163 million credit line for the now-bankrupt New Jersey-based cocoa trading company.
Berg pleaded guilty in a Seattle federal court in 2012 to defrauding more than 800 investors of more than $100 million through a series of funds for real estate investments he ran for about a decade.
The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group, Switzerland's largest bank, of defrauding investors in its sale of residential mortgage-backed securities leading up to the 2008-1.45 global financial crisis.
UnitedHealth Group Inc has accused the U.S. Justice Department of engaging in forum-shopping by transferring a lawsuit accusing the insurer of defrauding Medicare to California in order to take advantage of a favorable appellate ruling.
But in 2015, the SEC accused Tilton of defrauding investors in the three Zohar funds by miscategorizing companies that missed interest payments as current rather than in default, to avoid losing $200 million in management fees.
The order comes a month after Judge Kiyo Matsumoto sentenced Shkreli to seven years in prison for defrauding that investor, Richard Kocher, and a number other people, as well as for conspiring to manipulate stock shares.
A federal appeals court has affirmed the dismissal of a former GlaxoSmithKline executive's whistleblower lawsuit accusing Takeda Pharmaceutical Co Ltd of defrauding government health insurance programs by marketing off-label uses for its diabetes drug Actos.
Two jeweller groups have been accused of defrauding banks by raising loans from overseas branches of Indian lenders using nearly $2 billion of fraudulent guarantees issued by rogue Punjab National Bank staff at a Mumbai branch.
The U.S. Justice Department is urging a federal appeals court to revive a whistleblower lawsuit accusing International Business Machines Corp of defrauding the IRS in order to coerce it into signing a $265 million software contract.
TOKYO — After Bernard L. Madoff, arguably the most notorious financial criminal of all time, was arrested for defrauding investors in a multibillion-dollar Ponzi scheme, he was released on $10 million in bail the same day.
The driving force behind the jet fuel negotiations appears to have been Mr. Erickson, 56, a former board member of the American Conservative Union who was accused of defrauding investors in California, South Dakota and Virginia.
Mr. Kocner, who has been the focus of multiple investigations involving financial crimes in the past two years, was convicted on Thursday in a separate case involving the defrauding of a United States-owned television network.
DUNCAN'S EX-ADVISER SENTENCED A former financial adviser to the retired San Antonio Spurs player Tim Duncan has been sentenced to four years in federal prison for defrauding the former N.B.A. star of millions of dollars.
NEW YORK/WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Tuesday charged Oyster Bay, New York and former town supervisor John Venditto with defrauding municipal bond investors by concealing side deals with a local restaurateur.
Critics claim that the process is under-resourced, pointing to the collapse of Corinthian Colleges — the for-profit chain that went bankrupt and was found guilty of defrauding its students to the tune of $1.1 billion.
Messi, five-times World Player of the Year, admitted during the trial to signing contracts protecting his image rights but said he had no knowledge he was partaking in any wrongdoing or defrauding the Spanish state.
" Johnson's claims are also part of federal prosecutors' criminal case against Avenatti, who has pleaded not guilty to wire fraud, bank fraud, extortion and other charges, including defrauding other clients, in California and New York. "Mr.
In 2001, he was tried on federal charges of bribery and of defrauding the Board of Education of Irvington, N.J., of up to $1 million while his consulting firm was supervising school construction and renovation there.
Lionel Messi and his father, Jorge Horacio Messi, were both handed prison sentences for defrauding the Spanish government of millions of euros by using tax havens in Belize and Uruguay to conceal earnings from image rights.
But in a region where get-rich-quick ideas usually involve ponzi schemes or defrauding the government, it's no surprise South Florida has developed a uniquely frenetic cryptocurrency scene despite red flags all over the place.
According to a 2015 interview she gave to the Asbury Park Press, DePaola has dated Tom Giacomaro — nicknamed New Jersey's "King of Con" — who reportedly spent 13 years in jail for defrauding investors out of $73 million.
What exactly happened with Theranos and its founder Elizabeth Holmes (who is facing nine counts of wire fraud and two counts of conspiracy to commit wire fraud, allegedly defrauding investors, doctors, and patients) is still a mystery.
Of course, Rushdie doesn't even get to some of the most obvious Trump outrages — refusing to rent to African-American tenants in the 1970s, defrauding students at Trump University, suing those who disagree with him into oblivion.
New York's Attorney General announced a 3-charge indictment Thursday against a guy auspiciously named Paul Newman -- yes, Newman -- for allegedly defrauding construction companies, business owners and others by pretending to be a licensed and registered architect.
It crashed and burned when Jim was convicted in 1989 of defrauding supporters of his PTL ministry of more than $150 million, including a $265,000 payment to church secretary Jessica Hahn to keep quiet about their affair.
He's also accused of defrauding several US banks to get a set of hefty loans, totaling more than $20 million (allegedly because he needed cash once the Ukrainian regime was toppled and the money stopped coming in).
Justice Anthony Kennedy, writing for the court, said the seal requirement is intended to benefit the government because it prevents those suspected of defrauding it from being alerted about a potential case alleging that fraud took place.
Ex-sect members escape polygamy, not pain Jeffs, another brother, Seth, and other conspirators were accused of defrauding the government of more than $12 million from the Supplemental Nutrition Assistance Program -- more commonly known as food stamps.
Shkreli, who gained notoriety when he spiked the price of a life-saving AIDS drug as CEO of Turing Pharmaceuticals, was convicted in August of defrauding hedge fund investors in an incident unrelated to the pricing debacle.
One of its current customers is JustGiving, which uses the Onfido platform to check backgrounds of people who are looking to use the platform to raise money, to make sure that they are not defrauding their customers.
Kam Wong is accused of defrauding New York's Municipal Credit Union out of approximately $6 million with a series of scams that included reimbursements for fake dental work and a previously covered long-term disability insurance policy.
Andrew Caspersen, the former Wall Street executive charged by federal prosecutors and securities regulators with defrauding friends, relatives and a charitable foundation closely tied to a large New York hedge fund, is unlikely to face a trial.
Prosecutors accuse them of conspiring to loot a drug company that Shkreli founded, Retrophin, out of millions of dollars, in part to pay off investors that Shkreli was accused of defrauding at hedge funds that he ran.
An initial court ruling two years ago handed the woman a 15-year prison term for defrauding the public; the sentence was reduced this month, and she has been in Thiva prison in central Greece ever since.
The CFPB's dismantling of the case against NDG is the latest example of the bureau backing off of payday loan companies accused of defrauding consumers — an industry that donated more than $60,000 to Mulvaney's past congressional campaigns.
But according to court filings by the New York State attorney general's office, there is new evidence that the company has not actually followed that course, potentially overstating the value of its assets and defrauding its shareholders.
She claimed to have created an easier, cheaper way to do blood tests, just by pricking a finger, but then it turned out she was a literal bloodsucker, defrauding investors of $700 million on a nonexistent technology.
He is also charged with defrauding his client Gary Franklin, who coached in the Nike Elite Youth Basketball League, by concealing a settlement offer made by Nike, and using the coach's accusations to extract riches for himself.
Mr. Zhang, the company's founder and legal representative, and several employees were arrested on charges of defrauding "a huge amount of property" from victims "under the guise of 'helping the poor and achieving common wealth,'" Xinhua reported.
A New York state judge has dismissed a lawsuit accusing former Lehman Brothers executives of defrauding investors by selling commercial real estate the investment bank was trying to unload ahead of its 2008 bankruptcy at inflated prices.
WASHINGTON (Reuters) - Federal authorities on Thursday charged 10 former National Football League players with allegedly defrauding a healthcare program of more than $3.4 million by filing false claims for hyperbaric oxygen chambers and other expensive medical equipment.
WASHINGTON (Reuters) - Federal authorities on Thursday charged 10 former National Football League players with allegedly defrauding a healthcare program of more than $3.4 million by filing false claims for hyperbaric oxygen chambers and other expensive medical equipment.
Agility was the largest supplier to the U.S. Army in the Middle East during the war in Iraq but has been banned from contracting after it was accused of defrauding the military on multibillion-dollar supply contracts.
Shkreli was convicted of defrauding a group of investors in two hedge funds he ran by having claimed, among other things, that the funds were delivering healthy returns at a time when they were actually losing money.
The larger Sackler family withdrawals came after Purdue's 2007 plea deal with the Justice Department to pay a $600 million penalty on a felony charge of misleading and defrauding physicians and consumers over the prescription opioid OxyContin.
The 2nd U.S. Circuit Court of Appeals in New York overturned former Jefferies Group trader Jesse Litvak's second criminal conviction for defrauding a customer about bond prices, saying jurors had wrongly been allowed to hear irrelevant evidence.
The high-profile wheeler and dealer filed numerous lawsuits and faced an array of allegations of his own before stepping into the Oval Office, including claims of sexual harassment, bilking investors and defrauding students of his eponymous university.
The shift in how Facebook views itself occurred Monday while the company was defending itself in court against charges brought by an app startup that accuses Facebook of defrauding developers by cutting off their access to user data.
NEW YORK (Reuters) - A federal jury has ordered two Texas-based home mortgage entities and their chief executive to pay nearly $93 million for defrauding the U.S. government into insuring thousands of risky loans, according to court records.
NEW YORK (Reuters) - Alibaba Group Holdings Ltd has won the dismissal of a U.S. lawsuit accusing China's largest e-commerce company of defrauding shareholders by concealing a regulator's warning about its ability to suppress counterfeiting on its websites.
NEW YORK (Reuters) - A dual Nigerian and British national has been charged with defrauding financial institutions out of more than $300 million by falsely representing his company as a thriving international oil and gas venture to obtain loans.
Shkreli's Fifth Amendment invocations reflected a federal criminal indictment against him in New York that accuses him of ripping off one of his former pharma companies to pay off hedge fund investors he likewise is suspected of defrauding.
A federal judge has significantly narrowed a whistleblower lawsuit accusing Walmart Inc of defrauding Medicare through various schemes at its pharmacies but said it must face a claim it dispensed less drugs than it actually billed the government.
There are many reasons that crony capitalism has found fertile soil in former Communist countries, not least among them a cavalier attitude toward defrauding the state that was prevalent in the secretive, centralized systems of the Soviet bloc.
Shkreli is charged with defrauding Retrophin, the drug company he founded and ran before Turing, out of millions of dollars to repay investors in two hedge funds that he ran whom he also is accused of ripping off.
The U.S. Attorney's Office in Manhattan charged the Rochester, N.Y.-based distributor on Tuesday with failing to report thousands of suspicious orders of oxycodone, fentanyl and other controlled substances and defrauding the federal government, according to the complaint.
During his time at Freedom, Sewell had become convinced that the company was defrauding the government of hundreds of millions of dollars by carrying out a sophisticated set of scams targeted at a new program called Medicare Advantage.
Matsumoto issued an order late Sunday barring Shkreli's lawyers from arguing to jurors that he lacked the "intent to defraud" because some of the investors he is accused of defrauding actually ended up making money on their investments.
The settlement of 19 million euros includes a fine of €3.2 million for defrauding Spain of €5.7 million in taxes, according to a statement released on Thursday by the office of the attorney general of the Madrid region.
And in September, the former owner of a now defunct marble mining company in Afghanistan was found guilty in federal court for his role in defrauding the Overseas Private Investment Corporation and defaulting on a $15.8 million loan.
Former prosecutors told The Times that if the authorities had discovered at the time how the Trumps were using All County, their actions would have warranted a criminal investigation for defrauding tenants, tax fraud and filing false documents.
And perhaps more important than the possible defrauding of the consumer is the fact that according to experts, adulteration is driving global honey prices down, leaving beekeepers, like Hiatt, barely able to sell their honey for a profit.
On Wednesday, Ms. Hasibuan, who debuted at New York Fashion Week in 2016 with models wearing head scarfs, was sentenced to 18 years in prison for defrauding tens of thousands of Indonesian pilgrims hoping to travel to Mecca.
He has been convicted of embezzlement in a timber case, accused of defrauding a French perfume company and stealing a nearly worthless piece of street art, and even drawn into a case involving the death of an elk.
Earlier Tuesday, Ellis said he would instruct the jury to think about the "materiality" of the question of whether Federal Savings Bank founder Stephen Calk could contribute to Manafort allegedly defrauding the bank for $16 million in loans.
The defense team argues that the prosecutors, which now come from both Mueller's team and the DC US Attorney's Office, tweaked their arguments about Concord defrauding the Federal Election Commission and the Justice Department's foreign agent registration law.
Avenatti was due to appear on Wednesday in federal court in Santa Ana, California, where prosecutors are expected to seek to revoke his bail, after charging him with 36 criminal counts, including defrauding millions of dollars from clients.
WASHINGTON, Nov 21 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday charged Oyster Bay, New York, and its former top elected official with defrauding investors in the town's municipal securities offerings, the agency said in a statement.
BOSTON (Reuters) - Federal prosecutors on Wednesday accused the manager of a Boston-based hedge fund of defrauding investors out of millions of dollars, nearly two months after state regulators charged him with engaging in a Ponzi-like scheme.
NEW YORK (Reuters) - A federal jury has ordered two Texas-based home mortgage entities and their chief executive to pay nearly $93 million for defrauding the U.S. government into insuring thousands of risky loans, authorities said on Wednesday.
NEW YORK (Reuters) - A former Adidas AG executive was found guilty on Wednesday of taking part in a scheme to bribe high school basketball players to attend Adidas-sponsored universities, defrauding universities and U.S. college basketball's governing body.
A former executive at Valeant Pharmaceuticals International and the former head of a start-up mail-order pharmacy were sentenced to one year in prison on Tuesday after being convicted of defrauding the drugmaker through a secret kickback scheme.
"Under the current administration, there does appear to be a real effort to combat various forms of healthcare fraud, and I do know the DOJ is using data analytics to identify doctors who are defrauding the government," she said.
The Virginia Supreme Court has ruled that whistleblowers who sue companies for defrauding the state's Medicaid program are entitled to have their cut of any settlement that results be based on the gross proceeds rather than state's net share.
NEW YORK (Reuters) - Three former executives at Transmar Commodity Group Ltd have been charged with defrauding banks to win a $400 million credit line for their now bankrupt New Jersey-based cocoa trading company, federal prosecutors said on Tuesday.
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it had charged convicted felon and former hockey team owner Peter Pocklington, his medical device company, his attorney and others with allegedly defrauding investors and misappropriating their funds.
Matsumoto's permission, which ended up being granted Thursday, is needed because Shkreli's travel is restricted as part of the conditions of his release bond, which he posted after being indicted on charges of defrauding his former pharma company Retrophin.
As the AG's office wrote, "Sungame was a publicly-traded Las Vegas, Nevada-based technology firm trading under symbol 'SGMZ'" during the period where it was defrauding customers, meaning that the scam became a securities fraud case as well.
The suit accuses the oil company of defrauding investors by disclosing a public proxy cost for carbon emissions to account for the possibility of climate regulations, while using a separate, lower estimate for carbon costs in its internal planning.
Rivera's parents, Julio Escobar and Carmen Correa, accused the company of defrauding the government because it was getting federal Medicaid funding to provide treatment to low-income people and did not comply with personnel regulations at the Lawrence facility.
The latest such case came earlier this month when the U.S. Securities and Exchange Commission charged Oyster Bay, New York, and former town supervisor John Venditto with defrauding municipal bond investors by concealing side deals with a local restaurateur.
But the announcement Friday that he'd settled for $25 million the three lawsuits against Trump University, his ersatz university accused of defrauding students, was still a little out of character for a man who brags about never backing down.
Roger Ng, a former Goldman Sachs Group banker accused of playing a role in defrauding sovereign wealth fund 1Malaysia Development Berhad (1MDB), will return to the United States to face criminal charges against him, his lawyer said on Thursday.
NEW YORK (Reuters) - Goldman Sachs Group Inc has reached a $27.5 million settlement of a class-action lawsuit accusing it of defrauding investors in subprime mortgage debt that some U.S. senators blamed for helping cause the 2008 financial crisis.
NEW YORK, March 9 (Reuters) - Martin Shkreli, the former drug company executive who made headlines by jacking up the price of a lifesaving drug before he was found guilty of defrauding investors, is scheduled to be sentenced on Friday.
The SEC is seeking to force Tilton and Patriarch to pay the agency at least $200 million for defrauding investors in three so-called Zohar collateralized loan obligation funds, which raised $2.5 billion to make loans to distressed companies.
Poehling's lawsuit accused UnitedHealth, Health Net, Aetna, Bravo Health, Humana and other insurers of defrauding the United States of hundreds of millions - and likely billions - of dollars through claims for payments from the Medicare healthcare program for the elderly.
Two months after defrauding Wang, Su—this time playing the part of the mother with the menstruating daughter—was part of a group that conned a fifty-four-year-old woman in Sunset Park out of nineteen thousand dollars.
NEW YORK (Reuters) - Three former executives at Transmar Commodity Group Ltd have been charged with defrauding banks to win a $400 million credit line for their now bankrupt, New Jersey-based cocoa trading company, federal prosecutors said on Tuesday.
Ever since Trump University was accused of being a mechanism for defrauding people who wanted to learn Donald Trump's business secrets, the real estate mogul and presumptive GOP nominee has stood by his for-profit real estate seminar business.
He's also charged Manafort with defrauding several US banks by misstating his and his company's finances to get more than $20 million in loans — allegedly because Manafort was scrambling to get cash after his Ukrainian money stopped coming in.
It was obvious that some rich people were exploiting legal if morally dubious loopholes in the tax code, but the prevailing view was that simply defrauding the tax authorities and hence the public wasn't that widespread in advanced countries.
"Commissioner Colvin was clear to me that Michael Cranston was not suspected, and is still not suspected, of being involved in the syndicate and its activities of defrauding the Commonwealth," Jordan told a Senate budget estimates hearing in Canberra.
A federal judge in Philadelphia has taken the unusual step of ordering the unsealing of a whistleblower lawsuit accusing a compounding pharmacy of defrauding government healthcare programs despite requests by the U.S. Justice Department to keep the case sealed.
Four Democratic committee chairmen, including Mr. Nadler of the Judiciary Committee, released a letter they sent Mr. Whitaker on Thursday raising new questions about his work for a Florida company, World Patent Marketing, which is accused of defrauding customers.
Officials in New York arrested 2017 people on Friday in what was described as a conspiracy involving three Brooklyn medical clinics that helped flood the streets with prescription painkillers while defrauding Medicare and Medicaid out of millions of dollars.
The regulator accuses Navient, the former Sallie Mae operation that services $315 billion worth of loans, of defrauding borrowers by giving them bad information and obscuring their ability to take advantage of federal programs that tie repayments to income.
In 1961, he moved to Geneva to manage mutual funds for the Investors Overseas Services, a company that was dissolved a decade later after its managers were sued for defrauding clients and "spiriting away" $224 million in mutual funds.
Police allege that Adam Cranston, 13, and his eight friends diverted funds from legitimate payroll-processing companies, which were earmarked for tax liabilities, to numerous subsidiaries, in the process defrauding the ATO of A$165 million ($123 million) in unpaid taxes.
NEW YORK (Reuters) - A Manhattan jury on Monday convicted a former top executive of the now-defunct U.S. law firm Dewey & LeBoeuf of defrauding investors while acquitting another executive, roughly 19 months after an earlier trial ended with a hung jury.
McFarland has since been sentenced to six years in prison for his role in defrauding Fyre Fest investors and ticket holders along with other fraudulent activity, including selling fake tickets for high-profile events such as the Met Gala and Coachella.
He was ultimately convicted of defrauding investors in the funds, MSMB Capital and MSMB Healthcare, by sending them fake account statements and concealing huge losses, and of scheming to prop up the stock price of the drug company, Retrophin Inc .
NEW YORK, Dec 5 (Reuters) - A U.S. appeals court revived a lawsuit accusing Alibaba Group Holding Ltd of defrauding shareholders by concealing a regulatory warning prior to its initial public offering about its ability to suppress counterfeiting on its websites.
The Chinese government accused the Spain-based suspects of posing as Chinese law enforcement officials and defrauding people in China out of 120 million yuan ($17 million) in 2016 through phone calls, according to the state-run Xinhua news agency.
In short: He alleges that the camera app company is lying about its user metrics ― thus defrauding both partners and investors ― and is asking a court for permission to publicly disclose information that Snap believes should be kept under seal.
Michael Avenatti, the attorney who represented porn star Stormy Daniels in lawsuits against President Donald Trump, said Monday that he will plead not guilty to criminal charges including defrauding clients and failing to pay millions in taxes to the IRS.
Shkreli has said he is innocent of the criminal case, in which prosecutors claim he looted his former pharma company Retrophin for about $11 million to pay off investors he was suspected of previously defrauding in a hedge fund he ran.
While Ghosn's 1 billion yen ($9 million) bail would rank among the highest in Japan, it is half the amount paid in 2005 by Mitsuru Asada, a businessman who was later convicted of defrauding the government through a beef buyback program.
NEW YORK (Reuters) - A federal appeals court on Tuesday rejected former Jefferies Group mortgage bond trader Jesse Litvak's request to stay out of prison while he appeals his second conviction and two-year sentence for defrauding customers on bond prices.
NEW YORK, Dec 1 (Reuters) - A federal jury has ordered two Texas-based home mortgage entities and their chief executive to pay nearly $93 million for defrauding the U.S. government into insuring thousands of risky loans, authorities said on Wednesday.
WASHINGTON (Reuters) - More than 400 people, including doctors and nurses, have been charged with defrauding Medicare and other federal healthcare programs of $1.3 billion, with many accused of illegally distributing opioids and other narcotics, the Justice Department said on Thursday.
NEW YORK (Reuters) - A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt.
The action against Inchcape coincided with a Navy scandal over its dealings with another maritime services firm - Glenn Defense Marine Asia, run by Leonard Glenn Francis, a Malaysian businessman who pleaded guilty in 2015 to bribery and defrauding the Navy.
It's sort of a Yelp for criminal hackers, where anyone can post bad reviews of "rippers," the hacker's lingo for someone who has a history of defrauding people, in the hopes of warning others not to fall for their shakedowns.
A French court found him guilty last May of defrauding La Banque Postale, LCL bank and HSBC, along with Thomson and Accenture, out of 6.1 million euros, and attempting to extract over 70 million euros from at least 33 others.
NEW YORK, March 9 (Reuters) - Martin Shkreli, the former drug company executive who made headlines by jacking up the price of a lifesaving drug before he was accused and found guilty of defrauding investors, was sentenced to 7 years on Friday.
AUSTIN, Texas (Reuters) - A federal judge in Texas dismissed securities fraud charges on Thursday leveled against state Attorney General Ken Paxton, saying he did not act illegally in his dealing with a technology company U.S. regulators have accused of defrauding investors.
"The case was registered on the allegations of defrauding of Punjab National Bank ... in the matter of dishonest and fraudulent issuance of two Letters of Undertakings aggregating to the said amount," the Central Bureau of Investigation (CBI) said in a statement.
A $500 billion civil lawsuit filed by a parent on Wednesday in San Francisco accused 45 defendants of defrauding and inflicting emotional distress on everyone whose "rights to a fair chance at entrance to college" were stolen through their alleged conspiracy.
Mark Johnson, the London-headquartered lender's head of global foreign exchange cash trading, and Stuart Scott, a former colleague, were accused on Wednesday of defrauding an unnamed company by 'front-running' a $3.4bn purchase of sterling for their own benefit.
The lawyer, Joseph Power, told CNBC about his own run-in with Avenatti after federal prosecutors accused Avenatti on Monday of embezzling from a client, defrauding a bank and trying to extort sneaker giant Nike for up to $25 million.
NEW YORK, Sept 9 (Reuters) - Lynn Tilton, the New York financier accused by the U.S. Securities and Exchange Commission of defrauding her investors, on Friday sued the regulator to stop it from pursuing in-house enforcement cases against her and others.
Fortunately, Booker has begun to be more aggressive in the Trump era, and it's a pending question as to whether he will be willing to call out Wall Street bank CEO's for defrauding millions of Americans and hurting our economy.
The Justice Department on Thursday sentenced Roman Seleznev, the son of a member of Russian parliament, to additional jail time for his role in the organized cybercrime ring and for defrauding banks of $9 million through a computer hacking scheme.
"The toxic culture at the VA, which has resulted in wait list scandals, retaliation against whistleblowers and now the defrauding of taxpayers, can only be fixed when government bureaucrats know they will be held accountable for their actions," he added.
NEW YORK (Reuters) - The son of U.S. Representative Chaka Fattah of Philadelphia was sentenced on Tuesday to five years in federal prison for defrauding banks to obtain business loans he used for personal expenses, including paying gambling debts and buying jewelry.
SEC FILES FRAUD CHARGES AGAINST EX-MLB STAR'S COMPANY: The Securities and Exchange Commission (SEC) has filed charges against Wells Fargo and a Rhode Island state agency for defrauding investors when it came to investing in a video game company.
TAIPEI (Reuters) - Taiwan prosecutors angered China over the weekend by freeing 20 Taiwanese suspected of defrauding Chinese nationals in a telecoms scam but on Thursday changed their minds, taking most of them into custody on suspicion of committing "serious crime".
NEW YORK (Reuters) - Lynn Tilton, the flamboyant financier sued by the Securities and Exchange Commission last March for allegedly defrauding investors in three distressed debt funds, accused the commission in an interview Tuesday of depriving her of due process rights.
The Justice Department on Thursday sentenced Roman Seleznev, the son of a member of Russian parliament, to additional jail time for his role in the organized cybercrime ring and for defrauding banks of $9 million through a computer hacking scheme.
While Ghosn's 1 billion yen ($9 million) bail would rank among the highest in Japan, it is half the amount paid in 2005 by Mitsuru Asada, a businessman who was later convicted of defrauding the government through a beef buyback programme.
NEW YORK (Reuters) - Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners, was found guilty on Tuesday of defrauding bondholders of an oil exploration company Platinum controlled, but cleared of charges he defrauded investors in Platinum's hedge funds.
This was a few years before the college admissions scandal that snared 33 high-profile people, including the actress Lori Loughlin and the businessman Douglas Hode, who were charged for bribing or defrauding the elite universities that later accepted their children.
N) has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 20193 billion reais ($300 million) deal, according to arbitration and court documents reviewed by Reuters.
At the time, Judge Curiel was presiding over a long-running class-action lawsuit against Trump University, which had been accused of defrauding customers who spent $1,500 for three-day seminars that promised to reveal Mr. Trump's real estate secrets.
In the embezzlement case, Mr. Serebrennikov was accused of defrauding the Russian culture ministry of funds that were allocated from 2011 to 2013 for an artistic project called the "Platform," a mix of art forms including theater, dance and music.
The department's inspector general, Michael E. Horowitz, chose for his office a portrait of the disgraced Attorney General Harry M. Daugherty, who was nearly impeached, forced to resign in 1924 and later tried twice on charges of defrauding the government.
N) has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 20193 billion reais ($300 million) deal, according to arbitration and court documents reviewed by Reuters.
Editorial Until their father's personal lawyer intervened, Ivanka and Donald Trump Jr. were under criminal investigation by Manhattan prosecutors for possibly defrauding buyers of units in the Trump SoHo development, according to an investigation by ProPublica, WNYC and The New Yorker.
In 0003, Gignac was arrested again back in Michigan and charged with defrauding high-end department stores Neiman Marcus and Saks Fifth Avenue out of $29,000 in clothing, jewelry and perfume, including Chanel fragrances, Brioni shirts and Salvatore Ferragamo shoes.
Shkreli, 34, is accused of defrauding a group of investors in two hedge funds he ran by lying to them about his past performance managing investments, and by lying to them about how well he was doing with their money.
Prosecutors also accused Avenatti of defrauding Franklin, the coach of California Supreme, once part of a Nike-sponsored basketball league, who did not want a press conference but rather a settlement where Nike would fire executives responsible for the payments.
Shkreli is accused of defrauding investors out of millions of dollars that they placed into his two hedge funds, and then ripping off the publicly traded drug company he had founded, Retrophin, to pay those investors back for their swindled cash.
The best chance for a competitive race came to a screeching halt on Wednesday, however, when a district court in the small city of Kirov, nearly 500 miles northeast of Moscow, pronounced Mr. Navalny guilty of defrauding a state company.
Ten former N.F.L. players, including the former Washington Redskins running back Clinton Portis, were accused of defrauding one of the league's retiree health care benefit programs out of $3.4 million for phony purchases of medical equipment, federal prosecutors said on Thursday.
Five real estate investors whose business was the subject of a major BuzzFeed News investigation were arrested this week for allegedly defrauding lenders and taxpayers out of millions of dollars in a scheme that targeted New Yorkers at risk of foreclosure.
Elected governor in 2010, he is alleged to have acquired luxury properties in Mexico and abroad, defrauding taxpayers of sums some estimates put in the hundreds of millions of dollars, and using shell companies to transfer and hide public funds.
BEIJING, Feb 13 (Reuters) - China's Ministry of Public Security has launched a website to help probe Ezubao, the country's biggest online peer-to-peer (P2P) lender, which is accused of defrauding 900,000 investors of more than 50 billion yuan ($7.61 billion).
MADRID (Reuters) - Soccer star Cristiano Ronaldo denied on Tuesday ever hiding any income from the taxman or committing any tax fraud in Spain, after prosecutors filed a lawsuit accusing him of defrauding tax authorities of 221 million euros ($20133 million).
Ms. Graber, a midlevel city official, filed a lawsuit for damages in 0003 only after being repeatedly rebuffed by her bosses and disregarded by outside investigators when she confronted them with evidence that her agency was defrauding the federal government.
Jim Bakker, a popular television evangelist who also was convicted of defrauding his followers, shared a cell with LaRouche at a federal prison in Minnesota and found him to be good company in some ways, although convinced their cell was bugged.
Federal prosecutors in New York slapped the attorney and onetime cable news fixture with a pair of indictments Wednesday for his alleged extortion attempt of Nike and allegedly defrauding a former client believed to be the adult film star Stormy Daniels.
It probably does not flatter Mr. Bush that you can read about his 1980s-era work with Miguel G. Recarey Jr. Mr. Recarey, then a medical entrepreneur in Florida, is now a fugitive after being indicted on charges relating to defrauding Medicare.
NEW YORK (Reuters) - A former executive at Valeant Pharmaceuticals International Inc and the former head of a start-up mail-order pharmacy were sentenced to one year in prison on Tuesday after being convicted of defrauding the drugmaker through a secret kickback scheme.
NEW YORK, Feb 20 (Reuters) - A U.S. judge has rejected Credit Suisse Group AG's bid to dismiss a lawsuit accusing the Swiss bank of defrauding shareholders about its risk appetite and risk management before taking $1 billion of writedowns on souring debt.
NEW YORK (Reuters) - Moody's Investors Service on Thursday won the dismissal of a former managing director's whistleblower lawsuit accusing it of defrauding the U.S. government by failing to downgrade hundreds of thousands of credit ratings quickly enough, fueling the 2008 financial crisis.
He was arrested for defrauding the keeper of a hotel, according to The Island Packet, a newspaper in Hilton Head, SC. The man had stayed at the Sonesta for three days and enjoyed room service and spa treatments, according to the Packet.
Both lawsuits accuse Exxon of defrauding its investors by cooking its books to downplay risks to its business and rely on the fact that the company, as early as the 1970s, knew about the risks that burning fossil fuels posed to the environment.
Gate's testimony was part of the prosecution's effort to prove that Manafort was responsible for financial maneuverings that he and other witnesses have testified include filing false tax returns, defrauding banks in borrowing against real estate, and failing to report foreign bank accounts.
In recent months, the U.S. government has taken a number of steps against the firm, including getting Canadian authorities in December to arrest Huawei CFO Meng Wanzhou over allegations of defrauding several banks by concealing payments from Iran in violation of U.S. sanctions.
BEIJING (Reuters) - Global accounting firm KPMG has suffered a major setback in its battle against liquidators of former U.S.-listed healthcare firm China Medical Technologies Inc, whose executives have been charged in the U.S. with defrauding investors out of over $400 million.
While both men deny ties beyond business, investigative journalists discovered that in recent years Mr Zelensky flew 13 times to Geneva and Tel Aviv, where Mr Kolomoisky has been living in exile since being accused of defrauding his bank, PrivatBank, of some $5bn.
NEW YORK (Reuters) - A former New York deputy secretary of state was arraigned on Friday after being indicted this week on charges that he lied about paying restitution after being convicted in 2007 of defrauding the state, the U.S. Justice Department said.
NEW YORK (Reuters) - The former chairman of Gerova Financial Group Ltd was sentenced on Thursday to 6-1/2 years in prison for defrauding shareholders by secretly awarding nearly $72 million of the reinsurer's stock to himself and others, U.S. prosecutors said.
NEW YORK, Oct 24 (Reuters) - A former Adidas AG executive was found guilty on Wednesday of taking part in a scheme to bribe high school basketball players to attend Adidas-sponsored universities, defrauding universities and the governing body for U.S. college basketball.
Avenatti has predicted he will be exonerated in both the Nike extortion case, and in an unreleated case also filed by federal prosecutors in Los Angeles, who accused him of embezzling a client's funds and of defrauding a bank to obtain loans.
The filing at a Chicago federal court accuses the aerospace company of defrauding investors over the safety features of Boeing's 737 Max aircraft, which was involved in both last month's crash in Ethiopia and a crash in the Java Sea in October.
The founding team is fighting among themselves, the ICO participants can't get access to the tokens they bought and at least four class-action lawsuits have been filed, most charging Tezos with violating security laws and defrauding those who joined the ICO.
NEW YORK (Reuters) - Former Countrywide Financial Corp CEO Angelo Mozilo and other executives will not face a U.S. Justice Department lawsuit for defrauding investors in mortgage-backed securities issued before the 2008 financial crisis, people familiar with the matter said on Friday.
MADRID (Reuters) - Real Madrid striker Cristiano Ronaldo is ready to pay Spain's tax authorities 14.7 million euros ($16.39 million) - the amount he has been accused of defrauding by a prosecutor - ahead of a court hearing next month, Spanish state TV said on Wednesday.
He and his brother, Oleg, were convicted in late 2014 on charges of defrauding a Russian subsidiary of Yves Rocher, a French cosmetics company; Aleksei Navalny's three-and-a-half-year prison term in that case was suspended, but Oleg Navalny's was not.
On Wednesday, Blanton served as the fourth witness for prosecutors trying to convict Shkreli in Brooklyn, New York, federal court of defrauding investors in two hedge funds he ran, and of then looting Retrophin, the company he founded, to repay those investors.
Over three days, police raided 48 cafes, businesses and residences connected to the group, nabbing the alleged boss, Angelo Figliomeni, and eight other suspects on a raft of accusations, including money laundering, defrauding the government and participating in an organized crime group.
Menendez was tried on corruption charges in 2017 but not actually convicted: The Justice Department accused him of using his office to benefit a Florida eye doctor named Salomon Melgen, who had been convicted of defrauding Medicare of more than $90 million.
This week, US District Judge James Donato called wine dealer John Fox's financial ruse a "wine Ponzi scheme" after accepting his guilty plea for defrauding clients of $45 million worth of wine futures through his high-end Berkeley, California wine business Premier Cru.
DUBAI (Reuters) - An Iranian businessman accused of defrauding thousands of investors was returned to Iran with Interpol's help on Saturday after he fled abroad, state media reported, a week after Tehran sentenced three people to death in a drive against economic crimes.
NEW YORK, July 9 (Reuters) - Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners, was found guilty on Tuesday of defrauding bondholders of an oil exploration company Platinum controlled, but cleared of charges that he defrauded investors in Platinum's hedge funds.
It was unclear, according to the newspaper, the full extent to which Hebdon is accused of defrauding The Wave, but police officials told the newspaper that Hebdon and his husband both had warrants out for their arrest in other states as well.
" As with the original lawsuit, the amended complaint alleges that the Trumps profited off the poor, seeking "to enrich themselves by systematically defrauding economically marginalized people looking to invest in their educations, start their own small business, and pursue the American dream.
In this case, it's not just that Cohen gleefully jumped on the "lock her up" bandwagon; it's that he went so far as to accuse Hillary Clinton of specific crimes — "defrauding America and perjury" — and predict she'd be convicted and incarcerated for them.
Structure Tone, once the largest interior construction firm in New York and nationally, pleaded guilty to corruption charges in 2014 brought by the Manhattan district attorney and agreed to forfeit $55 million for defrauding its clients, including Bank of America and Bloomberg.
NEW YORK (Reuters) - Martin Shkreli, the former drug company executive convicted of defrauding investors in two hedge funds he ran, has asked a federal judge to sentence him to 12 months to 18 months in prison, much less than suggested federal guidelines.
But then he was arrested in March on charges that he tried to extort millions of dollars from Nike, and last week he was accused of defrauding Ms. Daniels, the adult-film star whom he represented in a lawsuit against Mr. Trump.
Nearly four years ago in a similar case, Bloomberg's former general contractor, Structure Tone, pleaded guilty to corruption charges brought by the Manhattan district attorney's office and agreed to forfeit $22016 million for defrauding Bloomberg, prominent financial institutions, law firms and ad agencies.
Henry Christensen III, a renowned trust and estates lawyer whose conflicted loyalties cast him as a pivotal witness in the trial of Anthony D. Marshall for defrauding his mother, Brooke Astor, the philanthropist and doyenne of New York society, died on Nov.
The indictment came on the same day that President Trump's former campaign chairman was found guilty of defrauding the federal government and his longtime personal lawyer pleaded guilty to campaign finance crimes, which he said he committed at the direction of Mr. Trump.
In January, federal prosecutors in Manhattan filed criminal charges against Mr. Meli, accusing him of defrauding investors of millions of dollars in a Ponzi scheme built around a reselling scheme involving tickets to the Broadway musical "Hamilton" and other high-profile events.
But the story of the sick animals continues to play out, in courtrooms — two city agencies sued the shop owners for defrauding customers — and among people who bought pets only to see them die, even after spending thousands of dollars on vet care.
Since 2008, it has paid more than nine billion dollars in fines and settlements for such improprieties as conspiring to manipulate the price of gold and silver, defrauding mortgage companies, and violating U.S. sanctions by trading in Iran, Syria, Libya, Myanmar, and Sudan.
From trying to prevent black tenants from renting the apartments owned by his family, to his stiffing of contractors, cabinetmakers, drivers and others who worked for him, to defrauding students at a phony university, Trump's life is a biography of scam and scofflaw.
In addition to the conviction revived on Wednesday, he has been accused of defrauding a French perfume company and stealing a nearly worthless piece of street art, and he was caught up in yet another case involving the death of an elk.
CHICAGO (Reuters) - A former U.S. representative whose lavish office in Washington raised questions about use of taxpayer dollars was indicted on Thursday on charges of defrauding the federal government and campaign committees and attempting to cover it up, according to court documents.
She's hired department officials with ties to the for-profit college industry and plans to repeal another rule important to the Obama administration's crackdown on for-profit colleges like Corinthian and ITT Tech, which were accused of defrauding students and eventually shut down.
Mr. Shkreli is accused of defrauding investors in two hedge funds he managed by misleading them about losses suffered on its investments, and then shifting money from a biopharmaceutical company, Retrophin, when he was its chief executive, to pay off the investor claims.
He was accused by Mueller of hiding more than $83 million in a network of secret offshore bank accounts to avoid paying taxes, and of later defrauding American banks with phony loan applications after he somehow managed to burn through his cash.
DUBAI (Reuters) - Iran has indicted a member of its nuclear negotiating team who was arrested last year on suspicion of spying, and detained an Iranian-American on charges of defrauding people under the guise of helping them emigrate, the Iranian judiciary said on Sunday.
Even as late as the post-election transition period, Trump was allowed to settle a lawsuit about defrauding customers of his fake university (interestingly, the fact that the university was fake was not, itself, actionable fraud at all) rather than truly face the music.
NEW YORK (Reuters) - A Canadian executive whose steel company won nearly $1 billion of contracts to help rebuild the World Trade Center in New York has persuaded a U.S. judge to overturn his conviction for defrauding a program intended to help minorities and women.
NEW YORK (Reuters) - A New York woman who founded two firms pleaded guilty on Friday to defrauding investors, including friends and family members, out of more than $23 million by lying about her rates of return in order to cover up her growing trading losses.
The Justice Department announced on Tuesday that, for the first time in history, it was charging executives of a major drug distributor with conspiring to distribute drugs and defrauding the federal government — charges that have long been associated with cartel bosses, not the pharmaceutical industry.
NEW YORK (Reuters) - An ex-portfolio manager at Visium Asset Management LP corruptly sought to boost the value of one of its hedge fund's holdings, defrauding investors while enabling the investment firm to earn millions of dollars, a U.S. prosecutor told jurors on Wednesday.
Avenatti also was separately charged in a second federal case in Los Angeles with embezzling a client's money "in order to pay his own expenses and debts" and those of his law firm and coffee company, and of "defrauding a bank in Mississippi," prosecutors said.
While Trump's phony populism is discredited by revelations about former workers he cheated by refusing to pay them, former students at Trump University suing him for defrauding them and investigations of financial irregularities at the Trump Foundation whose leading beneficiary appears to be Trump, Sen.
Tierney, 46, was arrested along with Robert Tierney, 40, in May and accused of defrauding donors out of more than $23 million by suggesting that the money would go to candidates who supported causes including law enforcement and autism awareness and who opposed abortion.
NEW YORK, Oct 30 (Reuters) - A former executive at Valeant Pharmaceuticals International Inc and the former head of a start-up mail-order pharmacy were sentenced to one year in prison on Tuesday after being convicted of defrauding the drugmaker through a secret kickback scheme.
While his 1 billion yen ($9 million) bail amount would rank among the highest ever in Japan, it is half the amount paid in 2005 by Mitsuru Asada, a businessman who was later convicted of defrauding the government through a beef buy-back programme.
A federal lawsuit filed Monday accused President Donald Trump, three of his children and their company of "deliberately" defrauding and conning "thousands" of working-class Americans by touting a marketing company as a great investment opportunity when in reality it was anything but that.
In a complaint filed in Chicago federal court, Jacob Newman accused Caterpillar of defrauding him and other shareholders in regulatory filings by touting its commitment to good ethics, while concealing how it "unlawfully used foreign subsidiaries" to avoid paying billions of dollars of U.S. taxes.
WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday struggled with the question of when federal contractors can be sued for defrauding the government in a case involving a 19-year-old Massachusetts woman who suffered a fatal 2009 seizure at a mental health facility.
WASHINGTON — President Trump on Wednesday praised his just-convicted former campaign chairman for refusing to "break" and cooperate with federal prosecutors investigating Russia's interference in the 2016 election, expressing appreciation for the personal loyalty of a felon found guilty of defrauding the United States government.
The case that has ensnared Mr. Trudeau started in February 2015, when the Canadian authorities charged SNC-Lavalin with paying 47.7 million Canadian dollars in bribes to officials in Libya to win contracts there, and of defrauding the Libyan government of 129.8 million Canadian dollars.
Though the festival's other co-founder Billy McFarland was eventually sentenced to six years in jail for defrauding investors in October 2018, Ja Rule has mostly emerged unscathed, denying all liability in the incidents Still, the rapper has plans to put on another music festival.
The eight crimes for which Manafort was sentenced on Thursday include five convictions of tax fraud from 2010 through 2014, hiding his foreign bank accounts from federal authorities in 2012 and defrauding two banks for more than $4 million in loans intended for real estate.
The company's Standard & Poor's Financial Services division paid more than $1.3 billion in 8003 to settle a lawsuit led by the Department of Justice that accused the segment of defrauding investors using inflated ratings that miscast the credit risks associated with mortgage-backed securities.
In July, the CFPB issued a rule prohibiting rip-off clauses — perhaps the single most important tool that big banks and financial companies have used to escape accountability for cheating, conning, fleecing, defrauding and plundering consumers — in the fine print of consumer financial contracts.
The company's Standard & Poor's Financial Services division paid more than $1.3 billion in 2015 to settle a lawsuit led by the Department of Justice that accused the segment of defrauding investors using inflated ratings that miscast the credit risks associated with mortgage-backed securities.
During the day, however, he has been on trial in Brooklyn, New York, federal court, where he is accused of defrauding a group of hedge-fund investors and then ripping off the drug company he had founded in order to pay those investors back.
At the time, the Mint said it noticed a significant uptick in the number of coins being processed by its Mutilated Coin Redemption Program that had been sent from abroad, stoking fears that foreign recycling programs were defrauding the US Mint with counterfeit coins.
The case dates back to a 400 million euro ($448 million)state payout to tycoon Bernard Tapie over a decade ago after the businessman accused the state of defrauding him in the resale of his stake in sportswear brand Adidas to a state-controlled bank.
According to the report, a group of seven family members was arrested and charged with "forming a criminal gang, defrauding the state, falsifying documents and money laundering," in a complex scheme that extended way beyond the picturesque hills and actual olive trees of Greece.
This time, Gignac was popped for hoodwinking the owners of a Miami Beach hotel into lavishing him with expensive material goods and benefits, as well as defrauding almost $8 million from 26 victims around the globe, according to a federal criminal complaint and indictment.
The attention economy's business model has yet to come under much legal or regulatory scrutiny, but there is finally some encouraging movement: the US Justice Department recently took action against the largest fraud operation ever reported — a company accused of defrauding advertisers out of $36 million.
NEW YORK (Reuters) - Danske Bank A/S and four former top executives were sued on Wednesday by a U.S. shareholder that accused Denmark's largest bank of defrauding investors and inflating its share price by hiding and failing to stop widespread money laundering at its Estonian branch.
The dispute in federal court in Newark, New Jersey, came after the company in May agreed to resolve the lawsuit accusing the company of defrauding Medicare while billing for replacement parts for its Precision Plus system, an implantable spinal cord stimulator used to treat chronic pain.
The two men face an upcoming trial in that court on charges they conspired to loot a drug company that Shkreli founded, Retrophin, out of millions of dollars, in part to pay off investors that Shkreli was accused of defrauding at hedge funds that he ran.
NEW YORK, Jan 163 (Reuters) - A New York woman who founded two firms pleaded guilty on Friday to defrauding investors, including friends and family members, out of more than $23 million by lying about her rates of return in order to cover up her growing trading losses.
In 2014 the Louis Berger Group, an engineering firm, along with its chairman and its president, pleaded guilty to charges of defrauding USAID, America's main aid agency, of billions of dollars by padding reconstruction contracts in Afghanistan, Iraq and other countries over a period of 20 years.
PARIS, Sept 27 (Reuters) - Vivendi said it was considering filing an appeal to the U.S. Supreme Court after a court on Tuesday upheld a judgement against the French media giant in a long-running shareholder class action lawsuit accusing it of defrauding investors in the early 2000s.
NEW YORK (Reuters) - U.S. prosecutors on Thursday said Andrew Caspersen, the scion of a wealthy Wall Street family, should spend as long as 15-2/3 years in prison after he pleaded guilty to defrauding friends, family and a charity out of more than $163 million.
While his 1 billion yen ($9 million) bail amount would rank among the highest on record in Japan, it is half the 2 billion yen paid in 2005 by Mitsuru Asada, a businessman who was later convicted of defrauding the government through a beef buy-back programme.
Last month, Punjab National Bank, known as PNB, filed an initial criminal complaint with the country's Central Bureau of Investigation (CBI) accusing celebrity jeweller Nirav Modi and others of defrauding the bank and causing it a loss of 21.4 billion Indian rupees (more than $173 million).
Fred Witmer, 46, and Gary Jury, 58, co-owners of Indiana biodiesel plant Triton Energy LLC, pleaded guilty in an Indiana court on Wednesday to defrauding the U.S. government's renewable fuel support program and a tax credit program, the U.S. Department of Justice said on Wednesday.
It looks like Touchdown Tom will be sitting out the first four games of the 2016 season for his role in defrauding and cheating the sport of a level playing field by slightly deflating footballs before the AFC Championship game in 2015 against the Indianapolis Colts.
Williams compromised himself and his elected office by using his office to help "those willing to secretly pay him with valuable items like money, trips, and cars," as well as by defrauding his political action committee and others, Acting U.S. Attorney William Fitzpatrick said in a statement.
Faller faced tough questions from some Democrats during his confirmation hearing after the Washington Post reported that he was under investigation for three years by the Justice Department and the Navy for his interactions with a contractor who has pleaded guilty to bribery and defrauding the military.
Founder Elizabeth Holmes to face trial on fraud charges July 2020 Elizabeth Holmes, the founder of scandal-ridden health tech company Theranos, is set to go on trial next summer to face criminal charges for allegedly defrauding investors, doctors and the public, The Associated Press reported.
The judge, Gonzalo Curiel of the Federal District Court in San Diego, is presiding over a class-action lawsuit that accuses Trump University of defrauding and misleading customers who spent $1,500 for three-day seminars that promised to teach Mr. Trump's secrets of success in real estate.
NEW YORK (Reuters) - A federal appeals court upheld the conviction and seven-year prison term of Martin Shkreli, the pharmaceutical executive known as "Pharma Bro," for defrauding investors in his hedge funds and conspiring to manipulate the stock of Retrophin Inc, a biotechnology company he ran.
"Stillman's statements and the Fox 9 stories created a strong and disturbing picture of individuals in Minnesota defrauding the state's Child Care Assistance Program and sending the money to foreign countries where terrorists have obtained the money to fund their organizations and operations," the auditor wrote.
WHAT WE'RE READING California's insurance commissioner urges U.S. to block Anthem-Cigna deal (Reuters) The Supreme Court ruled Thursday to allow a lawsuit to proceed against a Massachusetts hospital provider accused of defrauding the government in a case involving a woman's death at a mental health facility.
" One newly released search warrant said the F.B.I. and Manhattan federal prosecutors were investigating Mr. Cohen for a range of crimes, including defrauding several banks dating back to 2016 and a scheme "to make an illegal campaign contribution in October 2016 to then-presidential candidate Donald Trump.
As Federal Trade Commission lawyers investigated a Miami company accused of defrauding thousands of customers last year, they were stunned to learn about a new job for a figure in their inquiry, Matthew G. Whitaker: He had been named chief of staff to Attorney General Jeff Sessions.
A jury convicted Martin Shkreli of defrauding investors who apparently did not lose any money, while a contractor and his company who helped build the new World Trade Center building had their fraud convictions overturned because any misstatements to obtain the contracts did not cause any harm.
Low faces charges in the United States and Malaysia for his alleged central role in defrauding up to $4.5 billion from 1Malaysia Development Berhad (1MDB), founded by former Malaysian Prime Minister Najib Razak and the subject of the U.S. Department of Justice's largest ever anti-kleptocracy case.
Low faces charges in the United States and Malaysia for his alleged central role in defrauding up to $4.5 billion from 1Malaysia Development Berhad (1MDB), founded by former Malaysian Prime Minister Najib Razak and the subject of the U.S. Department of Justice's largest ever anti-kleptocracy case.
"Early on there were, in fact, cases of bad people doing bad things, and hopefully they got justice," said Doug O'Connell, a National Guard colonel and former federal prosecutor who, as a defense attorney, has represented more than a dozen soldiers accused of defrauding the incentive program.
WASHINGTON, Jan 27 (Reuters) - Martin Shkreli, the "pharma bro" in prison for defrauding investors, faces a lawsuit filed by the Federal Trade Commission and New York Attorney General's office for a scheme to preserve his monopoly for the drug Daraprim, which has seen gigantic price increases.
In a formal 24-page complaint filed by the office of Californias Attorney General and prepared by the state dental boards executive officer, Sulitzer is accused of violating state law, defrauding state dental regulators and acting with gross negligence toward patients while helping SmileDirectClub grow its business.
Having emailed Musk and his employees out of the blue with a promise to dig up dirt on Unsworth, Howard-Higgins was hired with little due diligence and without an examination of a criminal past that included defrauding past business partners out of more than $500,000.
NEW YORK (Reuters) - Eight banks including a unit of ABN Amro, Société Générale and BNP Paribas have sued executives of New Jersey-based Transmar Group for defrauding them of $360 million in credit lines, just a year after a unit of the firm filed for bankruptcy.
As news reports exploded of dubious detox centers defrauding people in recovery and leaving them more likely to die of an overdose, demand increased for more medication-assisted treatment (MAT), which the Substance Abuse and Mental Health Services Administration endorsed as the gold standard for addiction treatment.
WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday rejected a request by Lynn Tilton, the New York financier accused by the Securities and Exchange Commission of defrauding investors, to put on hold an SEC enforcement action as she challenges the agency's in-house judicial proceeding against her.
As a sitting senator, Menendez was admonished by all six members of the Senate Ethics Committee for accepting expensive gifts and travel from Salomon Melgen, an eye doctor who was eventually convicted of defrauding Medicare by $73 million and sentenced to 17 years in federal prison.
Fyre Festival founder Billy McFarland was arrested and charged with one count of wire fraud Friday for allegedly defrauding investors with his disastrous music festival that left hundreds of well-heeled millennials stranded in the Bahamas and millions of dollars in investments and ticket sales unaccounted for.
McFarland was charged with fraud again, and he pled guilty to defrauding investors and ticket vendors of over $26 million with Fyre Fest, as well as one count of wire fraud, one count of bank fraud and one count of making false statements in connection to NYC VIP Access.
In what has been dubbed as the biggest fraud in India's banking history, two jeweller groups have been accused of defrauding banks by raising loans from overseas branches of Indian lenders using nearly $2 billion of fraudulent guarantees issued by rogue Punjab National Bank staff at a Mumbai branch.
NEW YORK (Reuters) - Lawyer Michael Avenatti pleaded not guilty on Tuesday to charges that he extorted Nike Inc, just hours after entering a not-guilty plea to defrauding porn star Stormy Daniels, the client who propelled him to fame as an outspoken adversary of U.S. President Donald Trump.
The former Wall Street executive pleaded guilty to defrauding family and friends out of more than $2188 million in a Ponzi-like scheme to feed what he called "a gambling addiction that was all consuming" as he sat in a courtroom in U.S. District Court in lower Manhattan.
By Jonathan Stempel The fate of a former Jefferies Group bond trader being tried a second time for defrauding clients now lies with a federal jury, after prosecutors and the defense battled over whether he told his customers "lies" or merely employed sales "banter" they knew to shrug off.
NEW YORK (Reuters) - A Peruvian man was sentenced to 12 years in prison on Monday after he pleaded guilty to U.S. charges of defrauding investors out of more than $1.2 million, using a video pitch that featured the Trump Building in downtown Manhattan, where he had an office.
In what has been dubbed the biggest fraud in India's banking history, two jeweler groups have been accused of defrauding banks by raising loans from overseas branches of Indian lenders using nearly $2 billion of fraudulent guarantees issued by rogue Punjab National Bank staff at a Mumbai branch.
The Wall Street Journal published an article suggesting that Cohen and his family in 2015 and early 2016 were so prescient that he would need money for Trump women that he and his wife were refinancing their homes to build up cash for this purpose, possibly defrauding the banks.
Republican Senate Judiciary Committee Chairman Chuck Grassley of Iowa is urging a federal appeals court to revive a whistleblower lawsuit accusing pharmacy benefit manager CVS Caremark Corp of defrauding Medicare, saying a lower court decision dismissing the case could undermine the goals of the federal False Claims Act.
Blumenthal, Whitehouse, and Hirono say the Senate should have been able to review Whitaker's "espoused legal views, his affiliation with a company that is under criminal investigation for defrauding consumers, and his public comments criticizing and proposing to curtail ongoing DOJ investigations that implicate the President" before his appointment.
" In a statement announcing the indictment, US Attorney BJay Pak said the Chrisleys were charged "not only with defrauding a number of banks by fraudulently obtaining millions of dollars in loans, but also with allegedly cheating taxpayers by actively evading paying federal taxes on the money they earned.
Dureland's attorney, a federal public defender named Irina Hughes, eventually presented evidence to the judge that a document preparer Dureland had hired to help before she was granted asylum was convicted criminally several years later for defrauding clients, using their names and identities to file fake tax returns.
WASHINGTON — As Federal Trade Commission lawyers investigated a Miami company accused of defrauding thousands of customers, they were stunned to learn last year about a new job for a figure in their inquiry, Matthew G. Whitaker: He had been named chief of staff to Attorney General Jeff Sessions.
Elizabeth Holmes, the disgraced founder of Theranos, the lab testing company that promised to revolutionize health care, and its former president, Ramesh Balwani, were indicted on Friday on charges of defrauding investors out of hundreds of millions of dollars as well as deceiving hundreds of patients and doctors.
Chad Arrington was promoting a business—MOBE—that appeared to be legitimate but was later accused of defrauding its customers; at the same time, he was allegedly running a fraud against his own employer, which itself had a reputation for bending the truth in the name of customer acquisition.
NEW YORK (Reuters) - The chief executive of Shopin was charged on Wednesday by the U.S. Securities and Exchange Commission with defrauding investors in a $42.5 million initial coin offering by falsely telling them that his blockchain startup had close ties to major retailers and a Silicon Valley entrepreneur.
The international legal assault on Goldman intensified on Monday, with prosecutors in Malaysia filing criminal charges against the bank, accusing it of defrauding investors by raising more than $21 billion for the fund, which was supposed to benefit the Malaysian public but ended up enriching Goldman and others.

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