Sentences with phrase «fraud scheme in»

Recent notable federal cases include representing a college student charged with conspiracy to obstruct justice in the aftermath of Boston Marathon bombing; a pharmacist charged with a multimillion - dollar online prescription drug fraud scheme in the SDNY; and a prominent rabbi charged with kidnapping as a result of an...

A U.S. attorney says the Dutchess County surgeon Thursday pleaded guilty to operating a long - running health care fraud scheme in which he defrauded Medicare, the New York State Insurance Fund, and numerous private health insurance providers out of more than $ 2.5 million by lying about the nature and scope of the surgical procedures he performed.

A Manhattan judge sentenced the head of a mobile - phone aggregation company to 10 years in prison for a multimillion - dollar fraud scheme in which consumers were charged for unsolicited text messages containing horoscopes, trivia and celebrity gossip.

Lee B. Farkas, who federal prosecutors have considered the «mastermind» behind one of the largest bank fraud schemes in history, was sentenced on Thursday to 30 years in prison.

Federal prosecutors have called Lee B. Farkas the «mastermind» behind one of the largest bank fraud schemes in history, which even led to a bank's collapse.

Not exact matches

For the CFTC's limited spot market authority, the court pointed to the CEA's anti-manipulation and fraud provisions under Section 6 (c) and CFTC regulations implementing those provisions that prohibit employing a fraudulent scheme «in connection with... a contract of sale of any commodity in interstate commerce.»

This was the first ruling by a federal court to confirm the CFTC's determination in 2015 that cryptos are commodities under the Commodity Exchange Act, that it can regulate them, and that it can pursue those it alleges to have engaged in fraud and manipulation schemes on crypto exchanges.

Cogan said Shulse plans to argue that the other three defendants in the Black Elk scheme hid their fraud and that he went to authorities immediately upon learning what happened.

«Such investments may involve fraud or pyramid schemes,» the Hong Kong Monetary Authority (HKMA) cautioned in a statement released late last night, referring to MyCoin's meltdown, likely the worst since Mt. Gox bit the dust.

«Trendon Shavers managed to combine financial and cyber fraud into a bitcoin Ponzi scheme that offered absurdly high interest payments, and ultimately cheated his investors out of their bitcoin investments,» Bharara said in a statement.

However, the entities incorporated by CASPERSEN (the «Fake Funds») were merely shell companies created by CASPERSEN solely for the purpose of perpetrating his fraud scheme, and were in no way affiliated with or authorized by the Legitimate Funds.

On April 15, 2011, a day that would later become known as Black Friday in the online poker community, the Department of Justice shuttered two major online poker giants, PokerStars and Full Tilt Poker, accusing the company founders of fraud, money laundering, and operating a Ponzi scheme.

A Texas man who operated Bitcoin Savings and Trust was charged on Thursday with bilking his investors, in what prosecutors called the first federal criminal securities fraud case arising from a bitcoin - related Ponzi scheme.

One of Trump's real - estate advisers in the early 2000s, the Russia - born businessman Felix Sater, was accused nearly two decades ago of being a co-conspirator in a $ 40 million fraud and money laundering scheme involving four Mafia families.

Just this February, federal prosecutors in Connecticut charged two men with bank fraud based on a «jackpotting» scheme.

Shkreli was indicted for securities fraud and conspiracy in a series of dealings that federal prosecutors likened to a «Ponzi scheme.»

Another first for Bitcoin, but an ignominious one: The Securities and Exchange Commission has filed its first fraud lawsuit involving the virtual currency, claiming it was used in a Ponzi scheme.

Work - at - home schemes involving this type of fraud have occurred in two ways, according to the NCL.

Belfort, who went to prison after pleading guilty to a securities fraud and money laundering in 1999, told the Financial Times that he sees parallels between ICOs and the popular fundraising schemes of the 1980s called «blind pools.»

That's why Jamie Dimon, the chief executive officer of JPMorgan Chase & Co., sees bitcoin as a «fraud» that's destined to come crashing down, as its use in ransomware schemes, drug and arms trafficking ultimately persuades authorities to find a way to put a stop to it.

Various investment schemes perpetrated on investors in Canada and the US, the most infamous being the high profile fraud committed by Bernie Madoff, make us all ask the question, are my investments safe?

«The scheme outlined in the indictment focuses on bogus sleep studies that the defendants utilized to engage in a much more lucrative fraud involving Lap - Band procedures,» said Acting United States Attorney Sandra R. Brown.

Here is Carl Van Doren in «Why I Am an Unbeliever» announcing his unbelief: «I do not believe in any god that has ever been devised, in any doctrine that has ever been revealed, in any scheme of immortality that has ever been expounded»» those passive verbs setting up faith as a fraud from the start.

Furthermore, the evil man in the expensive dress in the picture should be put in jail for his crimes of promoting the fraud and Ponzi scheme known as Catholicism, and for actively hiding child abusers.

To accept that one has been conned out of a sum of money and thereby cut one's losses may be more difficult than to keep giving the con artist more, in the hope that somehow the scheme is not a fraud after all.

46 Months in prison that Olympic gold medalist Tim Montgomery, 33, was sentenced to last Friday for his role in a check - fraud scheme; the ex-sprinter pleaded guilty last year.

When Robinson left, USC was beginning to feel the effects of NCAA sanctions instituted early in 1982 as a result of ticket schemes, cash funneled to players, academic fraud, improper employment, etc..

Former Oklahoma State assistant Lamont Evans, Auburn assistant Chuck Person, Emanuel «Book» Richardson of Arizona and USC assistant Tony Bland and six others, including Dawkins, have each been charged in the corruption and fraud scheme.

Tuesday, the FBI shocked the sports world by announcing bribery and fraud charges against four prominent college basketball assistant coaches and six peripheral hoops figures, implicating Adidas in a player - payments scheme, putting NCAA - probation'd Louisville in some really dangerous territory, and promising more names to come.

The warning came in a report by the Commons» influential public accounts committee which attacks the Department for Work and Pensions (DWP) for not doing enough to detect evidence of fraud at A4e, one of the biggest firms it has paid to implement welfare - to - work schemes.

The real estate broker, who is also close to former Senate Minority Leader John Sampson, pleaded guilty in October to a $ 50 million mortgage - fraud scheme.

Former city Councilman Dan Halloran was also ensnared in the scheme that federal prosecutors said involved conspiracy, wire fraud and extortion charges.

Suffolk County Executive Steve Levy, a reformer and gubernatorial hopeful, lived with an ex-con who pleaded guilty in a multimillion - dollar mortgage fraud scheme involving an S&M club and dominatrixes.

Seabrook and hedge fund founder Murray Huberfeld were indicted on conspiracy and honest services wire fraud for a scheme in which Seabrook allegedly took a $ 60,000 payoff in return for steering $ 20 million in union pension money to Huberfeld's fund.

The five - count complaint against Mr. Silver on charges of wire fraud, mail fraud, conspiracy, and extortion outlines two schemes Mr. Silver used to leverage his official position as the Assembly speaer to rake in cash, which he presented as legitimately earned income for representing private clients.

Former State University of New York Polytechnic Institute head Alain Kaloyeros» trial is set for June, allegedly for his involvement in a fraud and bribery scheme in connection with the governor's Buffalo Billion economic development initiative.

Court papers say the charges announced Thursday come from «two overlapping criminal schemes involving bribery, corruption, and fraud in the award of hundreds of millions of dollars in State contracts and other official State benefits.»

NEW YORK, NY — Harvey Newkirk, formerly counsel at law firm Bryan Cave in Manhattan, was sentenced today to a prison term of six months for wire fraud in connection with his participation in a scheme to fraudulently induce lenders to provide tens

«The first full results of the new tax credit scheme since its introduction in April 2003 show that the level of claimant error and fraud was unacceptably high,» said auditor general John Bourn.

Congressman Meeks received a fugazzy «loan» of $ 40,000 from Edul Ahmad, who was subsequently arrested in 2011 for participating in a multi-million dollar mortgage fraud scheme.

It's been a week since a federal corruption investigation exploded in New York state, bringing fraud and bribery and charges against developers and state officials for allegedly running a pay - to - play scheme involving upstate economic development projects.

Edward and Linda Mangano are not charged in the alleged securities fraud scheme.

New York Senate Leader Dean Skelos has been charged with extortion, conspiring to commit fraud, and soliciting bribes in a corruption scheme also involving his son Adam Skelos — making Mr. Skelos the second of Albany's famous «three men in a room» leadership to face criminal charges from U.S. Attorney Preet Bharara.

SITE SAFETY — Construction firm charged in $ 1.7 M wage theft scheme, by POLITICO's Janaki Chadha: «A Queens - based construction firm is facing fraud, larceny and other charges in an alleged wage theft and insurance fraud scheme that affected 520 workers, Manhattan District Attorney Cy Vance Jr. announced Wednesday.

«As a chartered fraud examiner, when the scam called MMM ponzi scheme came with its 30 per cent interest in 30 daysearly last year, I told people then that it was a fraud but many refused to listen and some of them later learnt their lessons in bitter ways.»

The documents are in response to a motion to dismiss all of the charges against Oliver Pan, a Liu fundraiser who is facing fraud charges in connection with a straw donor scheme.

A state lawmaker from Brooklyn was indicted on Tuesday on 11 counts of fraud and obstruction charges, in what federal prosecutors allege was a variety of schemes to defraud both the city of New York, the federal government and a bankruptcy proceeding.

A Buffalo native who worked as a director at QVC is accused of stealing more than $ 1 million from the company in a fraud scheme that funded his luxury lifestyle, according to an indictment unsealed earlier this month by federal prosecutors in Philadelphia.

Earlier in the year, the Speaker of the Assembly was arrested and charged with running multi million dollar fraud scheme through manipulation of his connections with two private law firms.

The five - count complaint on charges of wire fraud, mail fraud, conspiracy, and extortion outlines two schemes Mr. Silver used to leverage his official position as the powerful Democratic leader of the Assembly to rake in cash, which he presented as legitimately earned income for representing private clients.