ORT LAUDERDALE, Fla. (AP) — A former Broward Teachers Union president has pleaded guilty to defrauding and stealing thousands of dollars from the school board and union.
Category Archives: Fraud
Former IRS employee in Alabama pleads guilty to identity theft, fraud
A former IRS employee, who helped taxpayers experiencing problems resulting from identity theft, has pleaded guilty to stealing identities and orchestrating a tax-fraud scheme involving up to $1.5 million in bogus income tax returns, federal authorities announced.
Nakeisha Hall, 39, on Monday entered her guilty pleas during a hearing before U.S. District Judge Karon O. Bowdre to theft of government funds, aggravated identity theft, unauthorized access to a protected computer and conspiracy to commit bank fraud and mail fraud affecting a financial institution.
Ex-bookkeeper for retirement community sentenced for $176,000 fraud
The former bookkeeper of a Franklin retirement community once got an employee fired for using a company credit card to buy minutes for a personal cellphone.
But according to court documents, there was a much larger thief working at The Village at Woods Edge: the bookkeeper herself.
Marian Lewis, 49, was sentenced Tuesday to two years and four months in federal prison on charges she stole more than $176,000 worth of cash and goods
For-Profit Executives Sentenced On Fraud Charges in New York
This isn’t the first time legal complaints have been filed against for-profit colleges and universities. That’s becoming fairly common place. But when the US Attorney’s Office for the Southern District of New York singles out individuals, that represents a new phase in for-profit litigation.
Three executives were sentenced last week for their role in student visa and financial aid fraud at the New Yor-area for-profit schools Micropower Career Institute and Institute for Health Education. Suresh Hiranandaney is the president of Micropower Career Institute, Anita Chabria is the MCI vice president and site director for one of five MCI campuses, and Lalit Chabria is chief executive officer at MCI as well as president of Institute of Health Education.
According to the press release announcing their sentencing, the three were charged for “their roles in a student financial aid fraud scheme in which they defrauded the United States Department of Education of $1,000,000 in education grant funds, and in a student visa fraud scheme that generated $7,440,000 in illegal revenues.”
International students enrolled at MCI and IHE and were allowed to stay in the United States on student visas. Hiranandaney and others collected student tuition money and certified that the schools were legitimate learning institutions. In reality, however, they were just providing a way for students to get to the U.S. — many students were not even attending courses. Immigration services were never informed of delinquencies in attendance.
ABA Report: Banks Stopped $11 Billion in Fraud Attempts in 2014
The nation’s banks stopped more than $11 billion in fraudulent transactions in 2014, according to ABA’s 2015 Deposit Account Fraud Survey Report released today. Fraud against bank deposit accounts cost the industry $1.9 billion in total losses, an increase from $1.7 billion in 2012.
“Banks’ sophisticated prevention systems and customer vigilance successfully stopped 85 percent of fraud attempts in 2014,” said Doug Johnson, ABA SVP for payments and cybersecurity. “We saw an increase in fraud losses in 2014 most likely due to the number of large-scale retailer data breaches, which resulted in a significant increase in attempted debit card fraud.”
‘Wicked Tuna’ star pleads guilty to fraud
A man featured on the reality television show “Wicked Tuna” has pleaded guilty to federal charges in Vermont he received government benefits while he was fishing on the show.
Fifty-year-old Paul Hebert, of Gloucester, Massachusetts, appeared Wednesday in U.S. District Court in Burlington where he pleaded guilty to charges of Social Security and Medicaid fraud.
US Department of Treasury Warns Taxpayers About a ‘Frightening’ Fraud Scam
With tax season upon us, the U.S. Department of the Treasury is warning taxpayers to be on high alert for a frightening fraud scam.
People pretending to be International Revenue Service (IRS) agents are making ruthless, aggressive calls, telling people they owe back taxes and threatening them if they don’t pay up immediately.
“I am going to proceed you to the sheriff’s officer. And within the next hour they will be at your doorstep to handcuff you and put you behind bars,” a fraudulent caller told ABC News.
The U.S. Treasury Deputy Inspector General for Tax Administration (TIGTA),Timothy Camus has received reports of nearly 900,000 fake calls since October 2013. Roughly 5,000 victims have paid over $26.5 million as a result of the scam.
At least 50 people are victims of card skimming fraud at Marin gas station
Central Marin Police are investigating a series of credit card fraud cases where the victims’ card information appears to have been obtained at a San Anselmo gas station.
The police authority has received reports from 50 victims that their credit or debit card information had been accessed and funds pulled from their accounts. Detectives determined that the common link among the cases was that all the cards had been used at the Gas and Shop at 750 Sir Francis Drake Boulevard. It is more than likely that physical skimming devices were used to obtain the card information, police said. Detectives checked all the pumps at the station and ensured that the devices were no longer in place.
Grand jury indicts former Vann’s CEO for fraud
A grand jury has indicated the former CEO of what was once a major Montana retailer on 200 charges of fraud, money laundering and lying.
Guilty plea in $158 million visa fraud over failed O’Hare hotel project
A would-be hotel developer pleaded guilty Tuesday to wire fraud, admitting his role in a failed plan to build hotels and a convention center near O’Hare Airport by fraudulently raising more than $158 million from Chinese investors who were expecting to get visas under a controversial federal program that aims to create jobs.