racketeering News

Fire Mitigation Industry Terror: NYC Gang Member Convicted of Extortion, Racketeering

A gang member who ran a fire restoration company has been convicted of using violence, threats of violence, and extortion to terrorize and dominate the fire restoration industry in New York City. After presiding over a two-week bench trial in …

Ohio Utility That Agreed to $230M Penalty Says It`s Now Being Investigated By a State Commission

COLUMBUS, Ohio (AP) – An Ohio-based utility company says it`s being investigated by a state office focused on organized crime in connection with payments the company made to the state`s former House speaker and a top utility regulator, a news …

Fired Root CMO Accused of Stealing Millions Spends ‘Lavishly’; Judge Appoints Receiver

According to court records, Root Inc’s former chief marketing officer – accused of stealing about $10 million from the company – has not made court appearances, spent money in violation of court orders, and has a bench warrant out for …

Root Granted Restraining Order Against Former CMO it Says Stole About $10M

A U.S. district judge has granted a motion for a temporary restraining order requested by Root Inc. against its former chief marketing officer to prevent him, his companies, or associates from selling or transferring any properties or possessions Root has …

Directors of Florida’s Largest Homeowners Association Charged with Millions in Theft

Current and former Board members at Florida’s largest homeowners’ association were arrested Tuesday, charged with taking millions of dollars from the association over several years. It’s the latest development in a drama that last year saw the arrest of the …

Prosecutors Oppose Release of Alleged Restoration Extortion Gang Leader

The alleged leader of a gangland extortion ring that took control of the New York City fire restoration industry can be heard on recordings threatening to kill competitors and ordering an attack on a rival firm’s employee, federal prosecutors say …

Elon Musk $258 Billion Dogecoin Lawsuit Expands

The $258 billion racketeering lawsuit accusing Elon Musk of running a pyramid scheme to support the cryptocurrency Dogecoin has expanded, adding seven new investor plaintiffs and six new defendants including his tunnel construction business Boring Co. According to an amended …

Gang Members Charged With Violent Takeover of New York Fire Mitigation Industry

FBI, Homeland Security and New York police officials have charged nine defendants including gang members with a violent racketeering and extortion conspiracy in attempting to take over an entire industry designed to help victims after a fire. The defendants, who …

Pharmacist in Deadly Meningitis Outbreak Cleared of Murder

A pharmacist at a facility whose tainted drugs sparked a nationwide meningitis outbreak that killed 76 people was cleared Wednesday of murder but was convicted of mail fraud and racketeering. Jurors said prosecutors failed to prove Glenn Chin was responsible …

Feds Say Virginia Prison Guards Tried to Smuggle Drugs in for Gang

Federal authorities say they’ve arrested former prison guards connected to a gang that sells drugs inside Virginia state prisons to help finance its activities. An indictment unsealed Friday alleges a wide-ranging criminal enterprise by members and associates of the Mad …