NEWS ABOUT: fraud

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Did a Boat Racing Champ Fake His Own Death?

Police question disappearance of Andrew Biddle

(Newser) - A champion boat racer went missing after a boat crash last month, but police don't think he's dead. No, according to a flyer officers distributed, which was picked up by the Press of Atlantic City , Andrew Biddle is likely "alive and well and on the run."... More »

Hackers Hit 1K StubHub Accounts, Bought Tickets

Online ticket reseller says it gave out refunds, arrests coming

(Newser) - Last year, StubHub officials noticed a slew of unauthorized transactions, quietly refunded affected customers, and brought in law-enforcement officials. Authorities are today expected to make arrests involving a huge cyberfraud ring in which thieves hacked into more than 1,000 StubHub accounts, reports the AP . The StubHub site itself wasn’... More »

'Tour de Fraud' Earns Bank Record Fine

BNP Paribas fined almost $9B for bypassing sanctions

(Newser) - Federal prosecutors at last made good on their promise to get a guilty plea out of a major bank yesterday, as BNP Paribas agreed to a record fine of almost $9 billion for violating US sanctions. The bank, the biggest in France, "perpetrated what was truly a Tour de... More »

Guy Says He's Jared Leto's Stylist, Tricks Top Shops

Also claims to work for Johnny Depp

(Newser) - A pricey New York menswear shop generally asks for ID when phone orders are picked up. If you're a celebrity's assistant, however, you can sometimes get by without getting carded. That was handy for a man who recently visited Carven after placing orders by phone with a stolen... More »

Woman Faked Cancer for Donations: Cops

Even duped her mom, husband: police

(Newser) - An Ohio woman has been charged with felony theft after police say she posed as a terminal cancer patient to dupe donors into giving her thousands of dollars. Mindy Taylor even convinced her husband and her mother she was dying. The 35-year-old mother claimed she was suffering from cancer of... More »

Beware Massive IRS Phone Scam

Fake agents demand immediate payment

(Newser) - If an Internal Revenue Service agent calls you up threatening dire consequences if unpaid taxes aren't settled immediately, don't pay up—that's not an IRS agent on the other end. Tax officials say that in the "largest scam of its kind that we have ever seen,... More »

Mom Faked Son's Cancer for Donations: Cops

Sandy Nguyen allegedly accepted more than $25K in donations

(Newser) - A Colorado mother has been arrested after allegedly convincing her family and friends that her young son was dying of cancer and accepting more than $25,000 in public donations. Police arrested 28-year-old Sandy Nguyen on felony charges of theft and criminal impersonation Thursday. She allegedly convinced members of the... More »

Teresa Giudice 'Heartbroken' After Guilty Plea

Real Housewife could still end up behind bars in fraud case

(Newser) - Teresa and Joe Giudice pleaded guilty to fraud yesterday , and in a statement to People , the Real Housewife of New Jersey says, "I am heartbroken that this is affecting my family. Especially my four young daughters, who mean more to me than anything in the world." The couple... More »

Fla. Psychic Gets 10 Years in Crazy $18M Fraud

Rose Marks apologizes for hurt caused

(Newser) - A 62-year-old psychic will spend some of her golden years in prison after what the Broward-Palm Beach New Times calls "the largest case of fortune-telling fraud ever to hit a courtroom." After decades operating in New York City and Fort Lauderdale, Rose Marks was sentenced to 10 years... More »

Real Housewives Couple Plead Guilty to Fraud

Teresa, Joe Giudice are in federal court today

(Newser) - Husband-and-wife members of the Real Housewives of New Jersey cast are in federal court in Newark today to plead guilty in a fraud case. Teresa and Giuseppe "Joe" Giudice had pleaded not guilty last year to dozens of charges including bank fraud, wire fraud, and bankruptcy fraud. The couple... More »

'Japan's Beethoven' Accused of Faking Deafness, Too

Also, he can't even write scores, says ghostwriter Takashi Niigaki

(Newser) - For decades, Mamoru Samuragochi has been hailed as "Japan's Beethoven" because he was a deaf composer. Now, he appears to be neither. The man who actually wrote Samuragochi's music , Takashi Niigaki, held an hour-long press conference yesterday in which he revealed that Samuragochii a) "cannot even... More »

Yet Another Welfare Fraud Charge for Octomom

Authorities say Nadya Suleman now owes the state $26K

(Newser) - "Octomom" Nadya Suleman was charged with a fourth count of welfare fraud yesterday after prosecutors said they discovered she wrongly collected an additional $10,000 in benefits from the state. When the single mother of 14 children was charged last month with three counts of fraud, authorities said she... More »

'Japan's Beethoven' Admits 18-Year Fraud

Mamoru Samuragochi lost hearing at age 35

(Newser) - The success of 50-year-old composer Mamoru Samuragochi, who is deaf, has prompted the nickname "Japan's Beethoven." Trouble is, it turns out he hasn't written his own music in decades. "I started hiring (a) person to compose music for me around 1996, when I was asked... More »

Octomom Charged With Welfare Fraud

Nadya Suleman faces more than 5 years in prison

(Newser) - She's baaaack: Octomom is making headlines again, and she's apparently not going to start doing it in a good way. Nadya Suleman has been charged with felony welfare fraud, the LA Times reports. More specifically, she faces one count of aid by misrepresentation and two counts of perjury... More »

Meet the First Convicted Counterfeiter of ... Wine

Rudy Kurniawan faces up to 40 years in prison on fraud charges

(Newser) - Rudy Kurniawan wanted to be a big name in the world of wine, and on Wednesday he achieved that dream: He became the first person ever convicted in the US of concocting and selling counterfeit wine, reports Wine Spectator . The 37-year-old native of Indonesia duped scores of millionaires—including Bill... More »

To Skip Work, EPA Scientist 'Worked' for CIA ... for 12 Years

John Beale to be sentenced tomorrow

(Newser) - Ever lied to your boss to get a day off work? How about doing that for 12 years? Oh, and your alibi: You were working for the CIA in Pakistan. Naturally. John Beale was the Environmental Protection Agency’s highest-paid employee and an expert in radiation and climate change with... More »

Fraudster Cheats Alan Grayson Out of $18M

William Chapman sentenced to 12 years in scheme

(Newser) - Florida Democratic Rep. Alan Grayson —one of the richest people in Congress—was a victim of fraud that cost him $18 million, court documents show. On Friday, William Dean Chapman was sentenced to 12 years in prison over the scheme, which cost 120 investors some $35 million. After investors... More »

Navy Paid $1.6M for $8K Silencers

Senior intelligence officials under investigation for fraud

(Newser) - A word of advice: Do not trust the US Navy to scope out Black Friday sales. Federal prosecutors are investigating three senior Navy intelligence officials for an alleged scheme in which the Navy paid $1.6 million for a batch of homemade gun silencers that cost about $8,000 to... More »

Suit: Scamming Car Dealer Tried to Run Over Buyer

That's just one detail in this crazy New York lawsuit

(Newser) - Something wacky went down at the New York Motor Group, according to a lawsuit that claims a Queens man was conned, nearly run over, and even threatened with divorce by the dealership's owner and employees. It's a crazy tale packed with an "escalating series of insane events,... More »

Trump U Sued for Fraud, $40M

NY AG claims Donald's school failed to deliver on overpriced education

(Newser) - Trump University just took a hit from the School of Hard Knocks: New York's attorney general yesterday sued the Donald and his eponymous school for a hefty $40 million for defrauding students. "Trading on his celebrity status, Mr. Trump personally appeared in advertisements making false promises to convince... More »

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