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A former sheriff’s deputy has been alleged to have been involved in bribery. The accused, Gilbert Michel, smuggled goods into the Men’s Central Jail. According to reports from the office of a US attorney, the 38 year old Michel was snared in a sting operation conducted by the FBI last fall. Michel got Illegal Goods… Read More

A Palisades Parkman confessed that he had been involved in identity fraud and bank fraud. An identity-theft ring was run by the accused. He peddled social security cards to a large number of Korean clients. They used the fake IDs to steal millions of dollars through credit cards and fraudulent bank loans. Sang-Hyun’s Confession The… Read More

A federal court sentenced Eric Omar Jones – a resident of Clinton- to 13 years in confinement. The charges brought against the accused are that of committing bank fraud. Eric had been involved in sending fake statements to banks to get loans. In addition to 13 years in prison, the court also imposed restitution worth… Read More

A hospice care company owned partially by a San Francisco based private equity firm has been accused of cheating Medicare of a large amount of money. A legal complaint has been filed against the hospice, called AseraCare, by the US Department of Justice for the fraud. AseraCare Illegally Certified Patients for Medicare Payments According to… Read More

An employee of the Fire Department in New York City has been accused of taking bribes. The employee, Carlos Montoya took thousands of dollars as bribes and compromised the safety standards of day care centers in New York City. Montoya helped day care centers in obtaining fake paperwork which certified the organizations as being eligible… Read More

A few days ago, James Fleishman, a manager at a hedge fund, was sentenced to two and a half years prison time. He was accused of insider trading and was convicted for wire fraud and conspiracy. This was following a trial that lasted for two and a half weeks. According to the judge, the crime… Read More

Counterfeiters generally cash in on products by top design houses like Chanel and LV. However, this year, there was a shift in their preference. The counterfeiters focused more on plastic toys of Angry Birds and Christmas lights. According to the US Immigration and Customs director, the counterfeiters are doing their best to stay in tune… Read More

  Goldman Sachs Group’s former director, Rajat Gupta, has requested that a few counts made against him be dismissed. During a Galleon Group LLC probe, Gupta was charged for insider trading. In the indictment, the government looked at two situations in which the co-founder of Galleon, Raj Rajaratnam, traded on details that were obtained from… Read More

Scott Rothstein, a lawyer from Florida who was sentenced to spend fifty years in jail for having carried out a Ponzi scheme of $1.2 billion, stated that he had help in doing it. He said that officials in 3 hedge funds being operated in Manhattan aided him in carrying out the fraud. A court deposition… Read More

The Federal court in Indianapolis charged a member of the city council along with two of his associates with several counts of money laundering and wire fraud. All three were connected to a foundation that had been investigated for over two years. Paul C. Bateman Jr., Manuel Gonzalez and Michael L. Russell, office holders at… Read More