Investigations

Albany Man Pleads Guilty to Wire Fraud Conspiracy in Connection with Romance Scams

It is becoming increasingly difficult to keep track to the growing body of cases involving Internet-based “romance fraud.” Sadly, the FBI Internet Crime Complaint Center (IC3) reports that “romance fraud is the seventh-most reported scam” (IC3 Public Service Announcement, 8/15/2019). While your chances of being targeted are statistically remote, it is clear that  scammers are …

Albany Man Pleads Guilty to Wire Fraud Conspiracy in Connection with Romance Scams Read More »

Department of Justice Charges Unprecedented Number of Elder Fraud Defendants Nationwide and Launches Hotline

PORTLAND—U.S. Attorney Billy J. Williams joined Attorney General William P. Barr, FBI Director Christopher A. Wray, and Chief Postal Inspector Gary R. Barksdale today in announcing the largest coordinated sweep of elder fraud cases in history. This year, prosecutors charged more than 400 defendants, far surpassing the 260 defendants charged in cases as part of …

Department of Justice Charges Unprecedented Number of Elder Fraud Defendants Nationwide and Launches Hotline Read More »

Founder of Mantria Corp. Sentenced to 22 Years For Operating $54 Million Ponzi Scheme

In this August 22 press release, the U.S. Attorney in Philadelphia describes how unscrupulous businessmen defrauded trusting investors by promising unrealistic returns on their investment. In fact, one was so brazen that he created a second fraudulent investment while on bail from the original fraud. No matter where you live, or what the nature of the investment …

Founder of Mantria Corp. Sentenced to 22 Years For Operating $54 Million Ponzi Scheme Read More »

Former South Carolina Resident Sentenced to Federal Prison for Charity Fraud Scheme Targeting Marine Corps Families

Columbia, South Carolina—- United States Attorney Sherri A. Lydon announced today that John  Shannon  Simpson, age 44, of Lee County, Florida, was sentenced in federal court after pleading guilty to Wire Fraud.  United States District Judge David C. Norton of Charleston sentenced Simpson to four years in federal prison and three years of supervised release …

Former South Carolina Resident Sentenced to Federal Prison for Charity Fraud Scheme Targeting Marine Corps Families Read More »

Keith Raniere, Founder of Cultlike Group, Convicted of Racketeering, Sex Trafficking

This article in the Wall Street Journal brings to a (judicial) conclusion the sad story of a fraudulent business purporting to be a self-improvement organization. Its underlying focus on financial, personal, and sexual manipulation of members is revealed rather quickly, though seemingly is unreported early on. Unfortunately, law enforcement would have likely declined any investigative …

Keith Raniere, Founder of Cultlike Group, Convicted of Racketeering, Sex Trafficking Read More »

Fake German heiress convicted of bilking banks, businesses

  Unfortunately, revelations of this kind of business and personal fraud are not rare. Even in the face of some common sense indicators, businesses, banks, and individuals were taken in by the fake heiress. Sadly, a business and personal due diligence investigation may well have identified her as a fraud before they were taken in. …

Fake German heiress convicted of bilking banks, businesses Read More »

Man Sentenced to Prison for Vending Machine Scam

  In this story from the FBI, dishonest people took advantage of both unsuspecting consumers and business associates by defrauding them. One unfortunate aspect of this story is that their business partners appear to have been unaware of their previous criminal history. While background checks and due diligence analysis can’t always guarantee a deception-free transaction, …

Man Sentenced to Prison for Vending Machine Scam Read More »