fraud

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How'd Deported Nazi Guard Get in US? With Help

Fellow SS member vouched for him on false visa application: historian

(Newser) - Now that former Nazi prison guard Jakiw Palij is out of the US , the New York Times explores how he got in, and it wasn't through his efforts alone. As Nazi records of his SS membership weren't uncovered until the 1990s, Palij successfully applied for a visa under... More »

Report: Michael Cohen May Be Charged With Major Fraud

Charges could be filed within days, sources say

(Newser) - President Trump's former right-hand man may soon be charged with fraud involving well over $20 million in loans, sources tell the New York Times . The insiders, including a banker who reviewed the transactions, say federal investigators are looking into whether Michael Cohen and taxi businesses owned by his family... More »

Rachel Dolezal Makes Short Trip to Jail

She's booked on welfare fraud charges in Washington

(Newser) - The former NAACP branch president best known as Rachel Dolezal was booked Monday into a jail in Washington state, where she faces welfare fraud charges . Dolezal, who was born white but identifies as "transracial," was photographed and fingerprinted at Spokane County Jail around 3:30pm, then released on... More »

Surprising Tweet Follows Lawsuit From Buzz Aldrin

Astronaut sues family, foundation, but they say they think someone may be manipulating him

(Newser) - The first sign something was amiss in Buzz Aldrin's world came Monday, when a tweet was sent out via the Twitter account the famed Apollo 11 astronaut hasn't used much in recent weeks. "Hey Twittersphere, pls RT @buzzs_xtina was terminated and does NOT represent Buzz Aldrin in... More »

Sara Netanyahu Accused of $100K Fraud Over Meals

Leader's wife accused of ordering pricey food, falsely claiming no cook was on premises

(Newser) - Benjamin Netanyahu is facing a corruption scandal , and now his wife is officially in hot water of her own. It's all about her apparent fondness for expensive meals. Authorities on Thursday indicted Sara Netanyahu on fraud charges over $100,000 in gourmet meals she and a staffer ordered to... More »

Spanish Princess's Husband Ordered to Head to Prison

Supreme Court upheld Inaki Urdangarin's conviction on Tuesday

(Newser) - Judicial authorities on Wednesday told the brother-in-law of Spain's King Felipe VI that he must report to a prison within five days to serve five years and 10 months for fraud and tax evasion, among other crimes. Inaki Urdangarin, a former Olympic handball medal winner who has been married... More »

In 2 Years, Trio Stole $1.2M From Amazon

3 sentenced over fraud scheme involving 'hundreds' of accounts

(Newser) - "To those who seek to exploit the convenience of online shopping through fraud, remember this case." That's the message from a chief prosecutor in Indiana who helped send three people to prison for a scheme that defrauded Amazon of $1.2 million. US Attorney Josh Minkler says... More »

Rachel Dolezal Charged With Welfare Fraud

Investigators say she failed to report $84K

(Newser) - Rachel Dolezal has been misrepresenting her income, according to investigators in Washington state. The former NAACP chapter leader—who was born a white woman but describes herself as "unapologetically black"—has been charged with welfare fraud and could get up to 15 years in prison if convicted, the... More »

Worst Part of Theranos Scandal Isn't SEC Fraud

It's duping actual patients, writes Bloomberg columnist

(Newser) - She was the first female founder of a Silicon Valley startup to become a billionaire before it all came crashing down. Now Elizabeth Holmes' personal fortune is gone , and she has just settled with federal regulators who say her company, Theranos, lied to investors about its supposedly revolutionary blood-testing equipment.... More »

Theranos Founder Elizabeth Holmes Charged With Fraud

She's agreed to settle allegations she misled investors

(Newser) - The self-made billionaire once called the next Steve Jobs was charged with "massive fraud" for "deceiving investors" Wednesday, USA Today reports. Elizabeth Holmes founded Theranos in 2003 at the age of 19 and raised over $700 million from investors. But the Securities and Exchange Commission says Holmes and... More »

Guy Has Teenage Son Shoot Him in the Legs With Shotgun

Shannon Egeland, 43, was facing prison time

(Newser) - A white-collar crook is facing extra prison time for having his son shoot him in the legs with a 20-gauge shotgun, the BBC reports. Shannon Egeland, 43, was already facing 10 years for taking part in a vast mortgage-fraud scheme when he had his 17-year-old son shoot him by a... More »

Ex-Trump U Students Will Finally Get Paid

President avoids trial as $25M settlement is approved

(Newser) - A lengthy legal battle between Donald Trump and Trump University students, who say they paid thousands of dollars for real estate "secrets" they never received, is finally over. On Tuesday, an appeals court in San Francisco approved a $25 million settlement reached last year while rejecting an appeal from... More »

Prosecutors: CEO Took 'Hundreds of Thousands' From Own Workers

Isaac Choi, former chief exec of WrkRiot, pleads guilty to wire fraud

(Newser) - The startup's motto was "No games. Just jobs." Except there were some games, too. Isaac Choi, the former CEO of short-lived tech startup WrkRiot—which developed software to be used in job searches before its closure in September 2016—pleaded guilty to wire fraud in federal court... More »

Rocker Faces 30 Years in Prison on Fraud Charges

Michael Davenport of The Ataris allegedly defrauded 100K people out of $27M

(Newser) - From hundreds of thousands of fans to 100,000 victims. The Santa Barbara Independent reports a pop-punk bassist is facing fraud charges and more than 30 years in prison over an alleged real estate scam. Prosecutors say Michael Davenport of The Ataris defrauded approximately 100,000 people in all 50... More »

Aflac Workers Cry Foul on Company's Practices

They allege widespread, companywide abuse and fraud—including charging workers for stuffed ducks

(Newser) - It has boasted about being called one of the world's most ethical companies, but based on what nine ex-Aflac employees are saying, the insurance company known for its annoying-sounding duck (once voiced by Gilbert Gottfried) may be anything but. The Intercept talked to the former workers, and current ones,... More »

Bodies Were 'Frozen Together in Flesh-on-Flesh Chunks': FBI

So-called body broker on trial for fraud

(Newser) - FBI Agent Leslie Larsen says the body parts—legs, arms, torsos, organs, and heads—inside the Detroit warehouse were "frozen together in flesh-on-flesh chunks" that required a pneumatic chisel and crowbar to separate. She says there was no heat in the "filthy" warehouse, nor running water or functioning... More »

Lawyer Guilty of Helping Shkreli Cover Up Fraud

Verdict sends a powerful message, prosecutor says

(Newser) - A lawyer accused of helping Martin Shkreli cover up financial fraud was convicted on Wednesday, a result a prosecutor said should send a "powerful message" through the legal profession. After an 11-week trial, Evan Greebel was convicted by a federal jury in Brooklyn of conspiring to commit securities fraud... More »

Trump Commutes a Sentence for the First Time

Rubashkin fraud was uncovered after immigration raid

(Newser) - Former meatpacking company exec Sholom Rubashkin will be going home to his 10 children after being the first person to have a sentence commuted by President Trump. The 57-year-old was eight years into a 27-year sentence for financial crimes uncovered after a massive immigration raid on an Iowa plant that... More »

Fugitive US Lawyer Busted Outside Honduras Restaurant

Eric Conn, convicted of Social Security fraud, is in custody

(Newser) - A fugitive Kentucky lawyer who disappeared six months ago before facing a prison sentence for his central role in a massive Social Security fraud case has been captured in Honduras and will be returned to the US, officials said. Eric Conn was captured by a SWAT team as he came... More »

Serial Con Man's Unusual Sentencing Request Granted

Jimmy Sabatino, who ran $10M fraud job from prison, will have almost zero contact with anyone

(Newser) - In what the Sun Sentinel calls an "extremely unusual" case out of Florida, a judge has granted an inmate accused of running a multimillion-dollar fraud job out of his jail cell his sentencing request: to keep him away from nearly every person on Earth so he won't be... More »

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