Chinese businessman Guo Wengui – also known as Miles Guo and several other names – was convicted on nine out of 12 counts for a billion-dollar fraud scheme by a New York jury on Wednesday.
A federal grand jury has reportedly indicted Hoau-Yan Wang, a 67-year-old medical professor at the City University of New York, for allegedly falsifying data to fraudulently obtain $16 million in federal research funding from the National Institutes of Health (NIH) for the development of a controversial Alzheimer’s drug and diagnostic test.
The Supreme Court on Thursday ruled a person accused by the Securities and Exchange Commission of civil fraud has a right to a trial by jury before a federal judge, rejecting the agency’s authority to bring enforcement actions and assess fines through internal tribunals.
The Internal Revenue Service has reviewed some one million claims for coronavirus pandemic-era Employee Retention Credit (ERC) tax breaks representing $86 billion and declared the “vast majority” are at risk of being improper.
Georgia Trump prosecutor Fani Willis received a campaign donation from a former Atlanta city attorney who was just sentenced to seven years in prison for a massive $15 million pandemic loan fraud scheme.
A network of Bulgarian fraudsters were “living like barons” after stealing at least tens of millions in UK Universal Credit welfare benefits.
Convicted fraudster and former Baltimore District Attorney Marilyn Mosby will avoid jail time for perjury and mortgage fraud after facing up to 40 years in prison.
Michigan Democrats are reportedly demanding an investigation into three Republican U.S. Senate candidates regarding alleged forgery.
Former Utica Mayor Louis LaPolla admitted to committing mail fraud and stealing donations meant for a scholarship that he had established.
A court in Ho Chi Minh City rushed on Thursday to sentence real estate tycoon Truong My Lan, one of the richest women in the world, to death for her part in a $12.5 billion fraud case.
A BLM activist will only have to pay back £1 of the tens of thousands she stole from a charity intended to help disadvantaged black children.
A Wisconsin woman who fatally poisoned her friend and stole nearly $300,000 from her has been sentenced to life in prison.
Disgraced former FTX CEO Sam Bankman-Fried said on Tuesday he is “haunted” by his decisions, which led to the collapse of the digital currency exchange and billions of dollars of customers and investors’ funds lost.
Disgraced FTX CEO and Democrat Megadonor Sam Bankman-Fried on Thursday was sentenced to 25 years in jail for fraud after facing up to 100 years in jail.
Swedish media earlier have said that al-Shammari claimed child and housing support in Sweden for years – despite living in Baghdad.
It is impossible for former President Donald Trump to post a bond covering the full amount of his $454 million civil fraud judgment while he appeals, his lawyers told a New York appellate court Monday.
Four people living in Los Angeles, California, have been sentenced in Boston after operating a huge marriage fraud “agency” to help migrants skirt immigration laws to get green cards.
India’s Central Bureau of Investigation has opened a case against human traffickers luring Indians to fight for Russia in Ukraine.
Two brothers from Temecula, California, pleaded guilty to defrauding the U.S. Postal Service out of more than $2.3 million, authorities announced Friday.
Some Trump-supporting truckers are refusing to transport loads to and from New York City after the former president was fined $355 million and had his ability to run businesses in the state suspended in Friday’s civil fraud verdict.
FCC insiders are raising concerns over the Justice Department’s sudden push to settle a multi-billion dollar fraud lawsuit against Democratic megadonor Charlie Ergen’s Dish Network and BlackRock, just before they were set to be deposed.
A former Illinois Democrat state senator allegedly submitted false insurance policies after leaving her position and starting a career selling insurance.
Disgraced former Baltimore District Attorney Marilyn Mosby sobbed in court Tuesday as she was convicted of mortgage fraud — a verdict that could carry decades in prison.
House Oversight Committee Chairman James Comer told Breitbart News that “sending taxpayer funds to Ukraine with no strings attached is unacceptable.”
A woman who allegedly defrauded the United States Army out of $100 million apparently does not have to worry about losing her retirement.
A Texas woman may wind up with a 142-year prison sentence after investigators say she defrauded the U.S. Army out of $100 million.
A bomb threat was made at the home of the judge overseeing the Donald Trump bank fraud case in New York, according to multiple reports Thursday.
Tesla CEO and X/Twitter owner Elon Musk has petitioned the U.S. Supreme Court to overturn a prior settlement with the SEC that mandates pre-approval of his tweets about his car company. The SEC’s “Twitter sitter” rule was imposed on Musk after his infamous “funding secured” tweet about a bogus plan to take Tesla private.
A former Jacksonville Jaguars employee is accused of embezzling more than $22 million by “exploiting the team’s virtual credit card program.” according to The Athletic.
Disgraced former FTX CEO Sam Bankman-Fried, once seen as the “next Warren Buffett,” is now trading mackerel in jail for a jailhouse haircut.
A New York appeals court has temporarily suspended the gag order imposed on former President Donald Trump that silenced him.
Former President Donald Trump could potentially lose control over all his businesses and properties in New York and face a penalty of up to $250 million if New York Attorney General Letitia James’ civil fraud case is successful.
Former President Donald Trump said New York judge Arthur Engoron, the presiding judge over New York Attorney General Letitia James’ civil fraud case against the former president, is a “democrat operative” and called on him to be “disbarred.”
Former President Donald Trump, two of his sons, and two of his employees were found liable for fraud Tuesday in a case brought by an elected Democrat prosecutor before an elected Democrat judge in a staunchly Democratic city.
On Wednesday’s broadcast of CNBC’s “Last Call,” Sen. Ted Cruz (R-TX) stated that there should have been more guardrails on COVID relief, including the relief provisions passed in 2020, and “we could have prevented more of” the fraud on the
On Friday’s broadcast of the Fox News Channel’s “Your World,” House Select Subcommittee on the Coronavirus Pandemic Rep. Brad Wenstrup (R-OH) discussed theft of COVID relief money and stated that part of the problem is that the size of programs
Disgraced former FTX CEO Sam Bankman-Fried on Tuesday pleaded not guilty to fraud and money laundering charges. His lawyers decried his conditions in jail, including a lack of vegan meals, stating, “because he’s following his principles, [Bankman-Fried] is only now subsisting on a diet of bread and water.”
On Friday’s broadcast of the Fox Business Network’s “Maria Bartiromo’s Wall Street,” House Majority Leader Rep. Steve Scalise (R-LA) reacted to President Joe Biden’s request for $40 billion in supplemental funding by saying that if he wants more money, he
Former NFL cornerback Buster Skrine was busted at Pearson International Airport in Toronto on Wednesday as he attempted to enter the United States allegedly in possession of thousands of dollars in stolen money from fraudulent bank transactions.
Harvard Law School professor emeritus Alan Dershowitz says that under his own “fraud” standard, Special Counsel Jack Smith could be indicted for omitting a key portion of then-President Donald Trump’s speech in Washington, D.C. on January 6, 2021.
