Financial Fraud

Business Owner Arraigned Following Indictment On Fraud, Perjury and Election-Related Offenses Defendant Also Faces Charges in Two Separate Federal Indictments WASHINGTON – Keith D. Forney, 58, of Clinton, Md., was arraigned today on charges of […] Read More

Former Gulf Breeze Attorney Sentenced to 40 Months in Prison for Bank Fraud, Embezzlement, and Money Laundering Charges PENSACOLA, FLORIDA – Richard Michael Colbert, 56, of Pensacola Beach, was sentenced today to 40 months in […] Read More

Three sentenced for five million dollar tax fraud ATLANTA – Kim A. Earlycutt, Shannon A. King, and Marcia Farmer, have been sentenced for conspiring to submit false tax returns totaling more than $5 million over […] Read More

Action for Defrauding a Program for Individuals with Developmental Disabilities Settles for Approximately $2 M SACRAMENTO, Calif. — Two Bay Area companies and the two individuals who head them will pay approximately $2 million to […] Read More

Nigerian Man Sentenced for Role in “Business Email Compromise” Scheme That Caused $3.7 Million Loss to U.S. Companies DALLAS — A Nigerian citizen in the U.S. on a student visa was sentenced today before U.S. […] Read More

Palm Desert Man Arrested in Stock Scheme that Targeted Nearly 100 Elderly Victims across U.S. and Allegedly Caused over $1 Million in Losses SANTA ANA, California – A Palm Desert man who is accused of […] Read More

Former Postal Employee Convicted for Fraudulently Obtaining Workers’ Compensation Benefits GREAT FALLS – The United States Attorney’s Office announced a federal court convicted Deborah Joy Durand of False Statements to Obtain Federal Employees’ Compensation Benefits, […] Read More

Volkswagen Engineer Sentenced for His Role in Conspiracy to Cheat U.S. Emissions Tests DETROIT, Michigan – James Robert Liang, a Volkswagen engineer, was sentenced today by U.S. District Judge Sean F. Cox of the Eastern […] Read More

Former Minister Of Mines For The Republic Of Guinea Sentenced To 7 Years In Prison For Receiving And Laundering $8.5 Million In Bribes From Chinese Companies Joon H. Kim, the Acting United States Attorney for […] Read More

United States Files Complaints to Forfeit More Than $11 Million From Companies That Allegedly Laundered Funds To Benefit Sanctioned North Korean Entities WASHINGTON – The United States filed two complaints today seeking imposition of a […] Read More

Former CEO of Arthrocare Corporation Convicted for Orchestrating $750 Million Securities Fraud Scheme A federal jury today convicted the former chief executive officer of ArthroCare Corporation, a publicly traded medical device company based in Austin, […] Read More

Former Assistant Chief of Staff of the U.S. Navy’s Seventh Fleet Charged in Massive Navy Corruption Scandal; Pleads Guilty to Bribery Conspiracy Assistant U.S. Attorneys Mark W. Pletcher (619) 546-9714 and Patrick Hovakimian (619) 546-9718 […] Read More

Navy Contractor Admits Accepting Funds from Port Engineer Administering Contracts Involving his Company Assistant U.S. Attorney Phillip L.B. Halpern (619) 546-6964 SAN DIEGO – Alfonso Liburd, the President and Chief Executive Officer of San Diego-based […] Read More

Former Lebanon Airport Operator Indicted for $707,000 Fraud Scheme JEFFERSON CITY, Mo. – Tom Larson, Acting United States Attorney for the Western District of Missouri, announced today that the former owner of a fixed base […] Read More

PHH Agrees To Pay $74 Million To Resolve Alleged False Claims Act Liability Arising From Mortgage Lending NEWARK, N.J. – PHH Corp., PHH Mortgage Corp. and PHH Home Loans (PHH) have agreed to pay the […] Read More

Former Cocoa Company Executives Arrested For Defrauding Lenders Of $400 Million Peter G. Johnson, Peter B. Johnson, and Thomas Reich submitted false financial reports to banks to secure and maintain a $400 million credit line […] Read More

Richmond Business Owner Sentenced To Five And A Half Years In Prison For Fraud In Credit Repair Scheme Baltimore, Maryland – Senior U.S. District Judge J. Frederick Motz sentenced Benjamin Bland, age 41, of Richmond, […] Read More

Longtime Con Man Sentenced to 8 Years in Federal Prison for Role in $3 Million Gold Investment Scheme that Bilked 7 Investors LOS ANGELES – A Beverly Hills man who has a long history of […] Read More

Owners Of Hudson County, New Jersey, Scrap Metal Company Charged With 17-Year Conspiracy To Defraud Customers Former Chief Financial Officer Has Pleaded Guilty to Related Charge NEWARK, N.J. – The owners of Cinelli Iron & […] Read More