Financial Fraud: Jason Rhodes Charged with Lying to Investors and Misappropriating Investor Funds

Investment Fraud

Co-Founder Of Investment Fund Charged In Manhattan Federal Court For Participating In Multi-Million Dollar Fraud Scheme Jason Rhodes Charged with Lying to Investors and Misappropriating Investor Funds Geoffrey S. Berman, the United States Attorney for the Southern District of New York, and William F. Sweeney, Jr., the Assistant Director-in-Charge of the New York Field Office …

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Mortgage Fraud: Nomura Holding America Inc. Pay a $480 Million Penalty To Resolve Federal Civil Claims

Mortgage Fraud

Nomura Agrees to Pay $480 Million in Civil Penalties for Misleading Investors in Sale of Residential Mortgage-Backed Securities The United States has reached an agreement with Nomura Holding America Inc. and several of its affiliates (“Nomura”), which will pay a $480 million penalty to resolve federal civil claims that Nomura misled investors in connection with …

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Financial Fraud: Christopher M. Tanner Sentenced For Counterfeiting United States Currency

Financial Fraud

Mobile County Man Receives 18 Month Sentence for Making Counterfeit United States Currency, Ordered to Pay $130.00 Restitution and All Items Used to Facilitate the Crime Were Forfeited United States Attorney Richard W. Moore of the Southern District of Alabama announced that Christopher M. Tanner, a 45 year old resident of Mobile, Alabama was sentenced …

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Financial Fraud: Nicholas Ochs Pleaded Guilty To Counts One – Disaster Benefit Fraud

Financial Fraud

Ambler, Pennsylvania, Man Admits Defrauding FEMA Relating To Major Disaster CAMDEN, N.J. – An Ambler, Pennsylvania, man today admitted defrauding the Federal Emergency Management Agency (FEMA) of thousands of dollars after Hurricane Sandy, U.S. Attorney Craig Carpenito announced. Nicholas Ochs, 54, pleaded guilty before U.S. District Judge Jerome B. Simandle in Camden federal court to …

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Financial Fraud: David Scott Glasrud Convicted On Federal Theft, Fraud And False Statement Charges Arising

Financial Fraud

Founder and Former Administrator of Public Charter Schools in Albuquerque Sentenced to 60 Months for Conviction on Federal Theft, Fraud and False Statements Charges David Scott Glasrud also Ordered to Pay $3 Million in Restitution ALBUQUERQUE – Senior U.S. District Judge James A. Parker today sentenced David Scott Glasrud, 51, the former administrator of Southwest …

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Financial Fraud: Wayde McKelvy Convicted For Conspiracy to Engage in Securities Fraud And Wire Fraud

Ponzi Scheme

Founder of Bogus Green Energy Firm Convicted of Running a $54 Million Ponzi Scheme PHILADELPHIA – U.S. Attorney William M. McSwain announced that Wayde McKelvy, of Colorado, was convicted by a jury of the following crimes: Conspiracy to Commit Wire Fraud (one count); Wire Fraud (seven counts); Conspiracy to Engage in Securities Fraud (one count); …

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Investment Fraud: SUNG HONG Sentenced For Defrauding More Than 55 Clients On Affinity Investment Fraud

Investment Fraud

Couple Sentenced to Lengthy Prison Terms for $12.7 Million Affinity Investment Fraud Defendants Preyed on Faith Communities to Fund Lavish Lifestyle SUNG HONG, 47, and HYUN JOO HONG, 42, of Clyde Hill, Washington were sentenced today in U.S. District Court in Seattle to lengthy prison terms for defrauding more than 55 clients out of $12.7 …

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Financial Fraud: Kevin Kyes Sentenced For Wire Fraud And Money Laundering Convictions Arising From Ponzi Scheme

Financial Fraud

Convicted Fraudster Sentenced To Five Years In Prison For $7 Million Ponzi Scheme SAN FRANCISCO – Kevin Kyes was sentenced today to five years in prison for wire fraud and money laundering convictions arising from a $7 million Ponzi scheme, announced United States Attorney Alex G. Tse, Federal Bureau of Investigation Special Agent in Charge …

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Financial Fraud: Eight Defendants Arrested For Stealing From Medicaid And The New York City Department

Health Care Fraud

Eight Therapists Arrested In Scheme to Defraud Program for Developmentally Disabled Children Defendants Allegedly Defrauded the New York State Early Intervention Program Out of More Than $600,000 through Fraudulent Billing for Therapy Sessions that Never Occurred A criminal complaint was unsealed today in federal court in Brooklyn charging Kaderrah Doyle, Cara Steinberg, Marina Golfo, Ego …

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Health Care Fraud: Wade Neal Barker Admitted His Role In The $200 Million Forest Park Medical Center Fraud

Health Care Fraud

Surgeon Pleads Guilty In Forest Park Medical Center Bribery Scam A Mesquite-based bariatric surgeon today formally admitted his role in the $200 million Forest Park Medical Center fraud, announced U.S. Attorney for the Northern District of Texas Erin Nealy Cox. 53-year-old Wade Neal Barker, one of Forest Park’s founding doctors, appeared in court this morning, …

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Tax Fraud: David Tielle Pleaded Guilty To Fraudulently Claim Tax Refunds Based On The Biodiesel Mixture Tax Credit

Tax Fraud

Pennsylvania Man Pleads Guilty to Biodiesel Tax Conspiracy A Harrisburg, Pennsylvania man pleaded guilty yesterday in federal court to one count of conspiring to defraud the Internal Revenue Service (IRS), announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division, Acting Assistant Attorney General Jeffrey H. Wood of the Justice …

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Financial Fraud: Si Chen Pleaded Guilty To Participating In a Scheme That Illegally Exported Sensitive Space Communications Technology

Scheme to Smuggle

Pomona Woman Sentenced to Federal Prison in Scheme to Smuggle Restricted Space Communications Technology to China SANTA ANA, California – A Chinese national who pleaded guilty to participating in a scheme that illegally exported sensitive space communications technology to China was sentenced today to serve 46 months in federal prison. Si Chen, 33, a Pomona …

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Financial Fraud: PAUL D. LAMARCHE Pleaded Guilty To Wire Fraud And Theft Of Government Property

Financial Fraud

Captain of Prominent Tourist Sailing Ship Sentenced to Prison for Illegally Claiming Disability Collected Disability Payments Claiming He Couldn’t Work, while Telling Coast Guard He had No Impairments for Captain’s Credentials The Captain of a Seattle tourist sailboat was sentenced today in U.S. District Court in Seattle to 9 months in prison, two years of …

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Cyber Crime: Filip Lucian Simion Sentenced For Conspiracy To Import Controlled Substances And Launder Money

Cyber Crime

Leader Of Darknet ItalianMafiaBrussels Drug Trafficking Organization Sentenced To 11 Years’ Imprisonment DENVER – U.S. Attorney Bob Troyer announced that on September 26, 2018, U.S. District Court Judge R. Brooke Jackson sentenced Filip Lucian Simion, age 25, to 132 months (11 years) imprisonment for conspiracy to import controlled substances and launder money. Judge Jackson also …

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False Claims Act: KRH Along With Six Subsidiaries Have Agreed To Pay To Resolve Allegations That They Violated The False Claims Act

False Claims Act

Kalispell Regional Healthcare System to Pay $24 Million to Settle False Claims Act Allegations Montana-based Kalispell Regional Healthcare System (KRH) along with six subsidiaries and related entities – Kalispell Regional Medical Center (KRMC), HealthCenter Northwest LLC (HealthCenter), Flathead Physicians Group LLC (Flathead), Northwest Horizons LLC (NH), Northwest Orthopedics & Sports Medicine LLC (NOSM), and Applied …

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