Law/Crime



  • Mortgage Banker Faces Jail Time While Others Already Sentenced for TBW and Colonial Bank Fraud

    Delton de Armas, a former chief financial officer (CFO) of Taylor, Bean & Whitaker Mortgage Corp. (TBW), pleaded guilty today to making false statements and conspiring to commit bank and wire fraud for his role in a...

    • Posted March 29, 2012
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  • Arkansas DEA Extortion Scam Alert!

    The Eastern District of Arkansas put out a scam alert this week to inform residents that impersonators are ing citizens in the Little Rock district posing as DEA (Drug Enforcement Administration) agents and extorting them. Anyone that...

    • Posted January 27, 2012
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  • Tax Refund Check Cashing Scheme Hits Southern Florida

    As tax season rolls around it’s no surprise to see tax refund check cashing schemes arising in the news. Announced Monday was the filing of a criminal Information charging defendants Wilson Lau, and his wife, Kate Yuee...

    • Posted January 26, 2012
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  • Raleigh Native Indicted In Connection With Fraud And Extortion

    The former President of Encap Golf Holdings LLC (“Encap”), William Gauger III, was indicted this week for his participation in a scheme to extort approximately $100,000 from a financial consultant and a fraudulent invoicing scheme relating to...

    • Posted January 25, 2012
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  • A 25 Count Indictment For Investment Scheme Fraudster Announced

    A federal grand jury in Pheonix returned a 25 count indictment against Gerald Lee Kelly on four counts of wire fraud, six counts of mail fraud, 10 counts of money laundering and five counts of structuring financial...

    • Posted January 25, 2012
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  • Final MTA Debt Collection Fraudster Pleads Guilty

    The last defendant in the MTA debt collection scheme has pleaded guilty. Paul Anthony Vasquez pleaded guilty on January 17, 2012 to conspiring to commit mail and wire fraud and money laundering. Vasquez also agreed to pay...

    • Posted January 24, 2012
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  • Talk Show Host And Financial Advisor Sentenced For Ponzi Scheme

    Wednesday marked the announcement that Anthony Cutaia was sentenced to 51 months in prison for mail fraud “Ponzi” investment scheme. Cutaia had pled guilty in July 2011 to Count 2 of a Criminal Information filed in June...

    • Posted January 24, 2012
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  • Corrupt Criminal Club: Member’s Only

    On Wednesday of last week word broke about the largest insider trading scheme involving single stock charged to date. Three defendants have pled guilty and are cooperating with the government’s investigating a scheme that allegedly netted more...

    • Posted January 24, 2012
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  • Investment Fraudster Defrauds Over 200 Out Of $14 Million

    Bradley Stark, the fraudster defendant who represented himself at trail was convicted by a federal jury for deceiving investors about an investment scheme that involved more than 200 victims and more than $14 million. Following Stark’s five-day...

    • Posted January 23, 2012
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  • FTC And CFPB Pledge To Work Together To Protect Consumers

    It was announced today that the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) have signed an agreement to coordinate efforts to protect consumers in an effort to avoid duplication of federal law enforcement...

    • Posted January 23, 2012
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  • Computer Programmer Charged With Stealing Software Code From Federal Reserve Bank

    A complaint unsealed last Wednesday in Manhattan federal court charged Bo Zhang, a computer programmer, with stealing proprietary software code from the Federal Reserve Bank of New York, where Zhang worked as a contract employee. Janice Fedarcyk,...

    • Posted January 23, 2012
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  • Hells Angel Commits Mortgage Fraud For Marijuana Grow House

    In September I covered a story about two leaders of the Hells Angels that had been accused of mortgage fraud. A mortgage broker in the San Francisco bay area was charged with conspiracy to arrange more than...

    • Posted January 23, 2012
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  • Timeshare Telemarking Fraudster Sentenced

    It was announced on January 9, 2012 that Jennifer Kirk was sentenced to 188 months (almost 16 years) in prison for conspiracy to commit mail and wire fraud when Kirk victimized consumers in a timeshare telemarking scam....

    • Posted January 18, 2012
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  • Elaborate Scheme Leaves 180 With Over $1 Million In Fraudulent Purchases

    Charges were announced last Thursday against seven members of an identity theft ring that allegedly used stolen identities of more than 180 people at major New York City retail stores including Home Depot, Sears, Kmart and Kohl’s,...

    • Posted January 17, 2012
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  • Two Plead Guilty To $1 Million Wire Fraud

    Two New Jersey men have pleaded guilty for their roles in a scam that used phony identification documents to open multiple checking accounts to launder and steal more than $1 million. The two men, Abiatu Umah and...

    • Posted January 16, 2012
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  • Friday The 13th: Unlucky For Fraudsters, Lucky For Potential Victims

    Those that are superstitious often view Friday the 13th as an unlucky day. This past friday, January 13th, members of an identity theft ring received some unlucky news when they were sentenced to prison. Contrary to superstition,...

    • Posted January 16, 2012
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  • Ponzi Schemes Are The New Black

    Thirteen days into the year and I feel like all I’ve written about is Ponzi-scheme after Ponzi-scheme after Ponzi-scheme. Today I bring to you the sentencing of Jenifer Devine, the woman who owned a purported wholesale merchandise...

    • Posted January 13, 2012
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  • Largest Recruiter Of Shapiro’s $930 Million Ponzi Scheme Sentenced

    Sydney Jack Williams of Naples, Florida was sentenced today to a year and a day in prison for failing to report more than $12 million to the IRS in related commissions received in Nevin Shapiro’s $930 million...

    • Posted January 11, 2012
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  • Romanian Citizen Busted For $1.5 Million Fraud Ring Of HSBC Customers

    Last Thursday it was announced that Laurentiu Ilian Bulat was arrested yesterday for allegedly participating in a fraud ring that stole at least $1.5 million from HSBC customer bank accounts by installing “skimming” devices on more than...

    • Posted January 10, 2012
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  • Fraudster Sentenced After Defrauding Victims In Investment Fraud

    James DeAngelis was sentenced last week to 57 months in prison for participation in a fraud investment scheme where he defrauded more than 15 victims out of $800,000. In May of 2011 DeAngelis pled guilty to conspiracy...

    • Posted January 10, 2012
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  • Four Israeli Residents Charged With Phony Lottery Prize Scheme Extradited To US

    It was recently announced that four defendants have been extradited from Israel on charges relating to their participation in multiple lottery telemarketing fraud schemes. The schemes targeted elderly victims in the United States and netted millions of...

    • Posted January 6, 2012
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  • Don’t Spit In That Cop’s Burger – MA State Trooper Arrested For Extortion

    Yesterday Massachusetts State Trooper, John Analetto, was charged with extortion and loansharking relating charges including the collection of extension of credit by extortionate means. The complaint alleges that between Oct. 2011 to present, Analetto loaned money to...

    • Posted January 4, 2012
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  • Six Hundred Out Of $74 Million In Ponzi Scheme

    Douglas Vaughan faces 10 to 12 years in prison after pleading guilty to wire and mail fraud charges that involved his operation of a “Ponzi” scheme where he defrauded around 600 investors of more than $74 million....

    • Posted January 4, 2012
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  • Fraudster Deported Back To United States To Face $3.2 Million Fraud Charges

    This past New Year’s weekend Joseph Randall Medcalf was deported by Panama officials back to the United States after being charged with defrauding investors of $3.2 million. Medcalf fled the country back in 2008 after filing for...

    • Posted January 4, 2012
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  • University of Georgia Ph.D. Student Sentenced For Fraud And Identity Theft

    In early December, Carlton Lewis, a former Ph.D. student was sentenced to 70 months in prison for his role in an identity theft and credit card fraud conspiracy. Throughout the conspiracy, Lewis, who was enrolled as a...

    • Posted December 30, 2011
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  • Houston Physician Gets 11 Years In Prison – AGAIN

    Dr. Ira Klein, a physician in Houston, Texas, was sentenced in 2007 to federal prison for defrauding insurance companies of more than $10 million. He, like so many criminals before him, has appeared in federal court again...

    • Posted December 30, 2011
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  • Woman Sentenced For Stealing Identities Of Student Loan Borrowers

    Janika Fernae Bates, a resident of Alabama, was sentenced today in the Middle District of Alabama to 94 months in federal prison for stealing identities of student loan borrowers and providing them to a co-conspirator, who used...

    • Posted December 29, 2011
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  • Six Required To Pay Millions From “U.S. Homeowners Relief” Scheme

    The Federal Trade Commission (FTC) announced they are requiring “U.S. Homeowners Relief” defendants to pay millions in their settlement along with banning them from the debt and mortgage relief business. The FTC had charged six defendants (that...

    • Posted December 29, 2011
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  • Absolute Poker Payment Processor Pleads Guilty To Fraud

    Brent Beckley, the director of payment processing for Absolute Poker, pled guilty this month in Manhattan federal court to conspiracy to engage in unlawful internet gambling and conspiracy to commit bank fraud and wire fraud, in connection...

    • Posted December 28, 2011
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  • East Coast Credit Card Fraud Ringleader Gets 12 Years In Prison

    An identity thief was sentenced earlier this month to 12 years in prison for managing and east coast credit card fraud ring. Jonathan Oliveras, used counterfeit credit cards encoded with stolen account information up and down the...

    • Posted December 28, 2011
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  • Telelmarketers Charged With Illegal Robocalling By FTC

    The Federal Trade Commission is taking action against a telemarketing operation that allegedly made illegal robocalls, called phone numbers on the National Do Not Call Registry, and masked Caller ID information, in violation of the FTC’s Telemarketing...

    • Posted December 28, 2011
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  • Defendants In Payday Lending Case To Pay More Than $294,000 For Illegal Garnishment Of Consumers’ Paychecks

    Defendants in a payday lending case have been ordered to pay more than $294,000 for illegal garnishment of consumers’ paychecks. A federal court has ordered, at the request of the Federal Trade Commission (FTC), one of the...

    • Posted December 28, 2011
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  • Fraud Scheme Related to the World Trade Center Site Clean-Up

    A trucking company’s owners have been indicted on embezzlement, tax evasion and million dollar fraud charges related to the World Trade Center site clean-up. A thirty-one count indictment was unsealed in federal court in Brooklyn this month...

    • Posted December 27, 2011
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  • Florida’s Foreclosure Solution Specialists Operators Charged With Fraud

    Earlier this month it was announced that Lisa Wright, Cathy Saffer and Carrington Coombs were all charged with fraud in a Florida foreclosure rescure scheme. Wright and Saffer were charged with conspiracy to defraud homeowners and banks...

    • Posted December 27, 2011
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  • Two More Charged In Rothstein Billion Dollar Fraud Scheme

    On the first of this month it was announced that two more Rothstein Associates were charged in connection with the billion dollar fraud scheme. Announced was the filing of charges against William Boockvor and Marybeth Feiss for...

    • Posted December 26, 2011
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  • 102-Count Indictment Charges 10 Ohio Men To Fraud, Fraud And More Fraud

    On December 13, 2011 it was announced that a federal grand jury returned a 102-count indictment against ten Ohio men (ages ranging from 21 to 33) with crimes of conspiracy to commit wire fraud, mail fraud, bank...

    • Posted December 26, 2011
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  • Founder of Internet Consumer Electronics Company Sentenced For Fraud

    Back in May of 2008 David Whitaker pled guilty to an information charging him with wire fraud, conspiracy to commit wire fraud, money laundering and commercial bribery to which Whitaker admitted to defrauding around 83 business account...

    • Posted December 26, 2011
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  • Multi-Million Dollar Stock Fraud Of Signalife

    An attorney for South Carolina health care device company, Signalife, was arrested last week at Los Angeles International Airport (LAX) on charges related to his alleged role in a multi-million dollar market manipulation fraud scheme. The indictment...

    • Posted December 23, 2011
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  • Men Behind New Jersey Fake Hedge Fund Management Charged For Defrauding Victims

    Two men running a fake hedge fund scheme have been charged in New Jersey for the alleged $3.5 million fraud. The men, George Sepero and Carmelo Provenzano, claimed to run Jersey based hedge funds using a secret...

    • Posted December 23, 2011
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  • United Way Employee Sentenced To Almost 4 Years In Prison For Stealing Donations

    Earlier this month, Dorothy Shields Talbot, was sentenced to 46 months in prison, followed by three years of supervised release, for wire fraud in connection with a scheme to steal over $375,000 in donations from her employer,...

    • Posted December 23, 2011
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  • The Best Way To Sucker A Timeshare Owner Into Something (Other Than A Timeshare) Is A Way OUT Of A Timeshare

    Another Florida based telemarketing scam has arose under the name Universal Marketing Solutions and Creative Vacation Solutions targeting owners of timeshares throughout the United States. Last week, Joel Intravaia, of Florida was sentenced to 60 months in...

    • Posted December 15, 2011
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  • To Catch A Financial Predator

    Yesterday it was announced in Illinois that Edward Lynn Moskop was sentenced to the maximum statutory penalties of 240 months in prison for mail fraud and 120 months for money laundering. This 360 month (30 year sentence)...

    • Posted December 14, 2011
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  • Witness Murdered Over $513,563 Bank Fraud Scheme

    From May 2009 through November of 2011 it’s been alleged that two men, Tavon Dameon Davis and Bruce Eric Byrd, among others were involved in a scheme to steal money orders and checks from rent deposit boxes...

    • Posted December 12, 2011
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  • Former Inmate Sentenced To More 12 Years For Schemes From Behind Bars

    And AGAIN, a criminal thought he could commit the same crime he had already committed and gotten jailed for. Former inmate, Danwine Dewayne Renard, was sentenced to a 144 month term in prison following his plea of...

    • Posted December 8, 2011
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  • Audacious Attorney Abuses Authority

    A Geogira attorney, Gary Wisenbaker, plead guilty to a wire fraud charge in relation to defrauding his own clients. According to evidence presented at the guilty plea hearing, Wisenbaker stole money from his clients by settling civil...

    • Posted December 6, 2011
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  • On The Twelfth Count Of Mail Fraud My Scammer Gave To Me…

    In November, Steven Folan, of Florida, pleaded guilty to a thirteen count indictment charging him with one count of conspiracy to commit mail fraud and wire fraud and twelve counts of mail fraud. The indictment alleged that...

    • Posted December 6, 2011
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  • Mortgage Broker Pleads Guilty To Extortion Conspiracy Of Homeowners

    In late November it was announced that New Jersey mortgage broker, Robert Cusic Jr., admitted that he conspired with a New Jersey attorney, Thomas Frey, and others to extort victims out of money and property by falsely...

    • Posted December 6, 2011
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  • Previously Convicted Scammer Heads Back To Prison

    I really don’t understand why criminals who have failed previous times in the past at committing a crime honestly think they have what it takes to commit it again. Last month Jon Edward Hankins was sentenced to...

    • Posted December 5, 2011
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  • McDonald’s Manager Selling Stolen US Citizen Identities To Employees

    A former manager of a McDonald’s restaurant in Savannah, Georgia was sentenced last month to 32 months in prison for her role in a scheme to sell the stolen identities of United States citizens to employees within...

    • Posted December 5, 2011
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  • Another Adoption Scam?!? Come On…

    Roxanne Janel Jones, of Kansas City, had pleaded guilty to running an adoption scam where she pretended to be pregnant with twins and willing to let them be adopted in return for money and gifts. Jones pleaded...

    • Posted December 5, 2011
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