fraud scheme News

Virginia Man Pleads Guilty to $1M Virus Fraud Scheme

A northern Virginia man has pleaded guilty to a $1.4 million fraud scheme to obtain federal funds meant for businesses struggling under the coronavirus pandemic. Tarik Jaafar, 42, of Woodbridge, admitted in U.S. District Court in Alexandria that he created …

New Hampshire Man Charged in Scheme that Used Bitcoin to Buy Personal Data

A New Hampshire man has been charged in a fraud scheme that involved using Bitcoin to buy stolen personal data belonging to people across the country, officials said. Jonathan Nguyen, 23, of Windham, was charged Tuesday in federal court with …

New York Department of Transportation Employee Arrested for Workers’ Comp Fraud

A New York State Department of Transportation employee has been arrested on charges that he defrauded the workers’ compensation system and stole more than $11,000 in insurance benefits to which he was not entitled. Joshua D. Newman, of North Road …

Maryland Construction Company Owner Pleads Guilty in $1.7M Fraud Plot

A Maryland construction company owner has pleaded guilty to engaging in a scheme to defraud a customer out of more than $1.7 million. U.S. Attorney Robert Hur’s office said in a news release that 65-year-old Ivan Victor Thrane faces a …

New Jersey Woman Gets Two Years in Compound Drug Fraud Scheme

A New Jersey woman has been sentenced to two years in prison for her role in a widespread fraud scheme involving public employees and compound prescription drugs. Kristie Masucci appeared before a judge in Camden on Tuesday. The 37-year-old Cedar …

Rhode Island Horse Insurer Gets Three Years in Prison for $1.3M Fraud Scheme

A Rhode Island insurance agent who specializes in insuring horses has been sentenced to three years in prison for defrauding clients, insurance companies and finance companies out of $1.3 million. Federal prosecutors say 57-year-old Randall Levesque, of Middletown, was also …

Virginia Business Owner Must Pay Back $4M for Fraud Scheme

A Virginia business owner who spent business loans on personal expenses, including his rock band, will pay more than $4 million in restitution, in addition to serving a 10-year federal prison sentence. The Virginian-Pilot cites a U.S. Department of Justice …

Ex-Car Dealership Official in New Jersey Sentenced for Stealing Nearly $3M

The former general manager of a now-defunct New Jersey car dealership who got nearly $3 million through a fraud scheme has been sentenced to five years in prison. Richard Pepe had pleaded guilty to bank fraud and filing a fraudulent …

New York Insurance Broker Sentenced in $1M Fraud Scheme

An Albany insurance broker has been sentenced to nine years in prison for a $1 million securities fraud scheme. Lawrence D. Rosenbaum previously pleaded guilty to charges including grand larceny and securities fraud. He also admitted failing to file state …

Sober-living Home Operators in California Charged in $176M Fraud Scheme

Former operators of a Southern California sober-living operation have been charged with fraud for allegedly keeping hundreds of people in what the state insurance commissioner calls a “never-ending cycle of treatment, addiction and fraud.” The Insurance Department announced the arrests …