PENNSYLVANIA Three people who were involved in a $54 million Ponzi Scheme that swindled more than 300 investors were named today in an indictment unsealed today, according to officials. Officials charged Troy Wragg,…
Man Duped 280 Investors About Plans to Build Disney Park in Texas (News Video)
SHERMAN, TEXAS A federal judge sentenced a 35-year-old Plano, Texas man to more than 17 years in prison for conning 280 investors out of $20 million by telling them that he had insider information…
CPA Admits Stealing $4 Million from Church and a Nonprofit Organization (Video)
NEWARK, NJ A California CPA today admitted stealing more than $4 million by abusing his positions at a worship center in New Jersey and at a non-profit in California, federal officials allege….
Eight Indicted for Submitting $50 Million in Bogus Claims for Student Substance Abuse Money
LOS ANGELES A federal grand jury indicted eight people for allegedly being involved in a scheme that submitted more than $50 million in fraudulent bills to the state of California for alcohol…
Former CEO Involved in One of the Largest Bank Fraud Schemes Sentenced to Prison
CALIFORNIA The former chief operating officer and chief credit officer of the United Commercial Bank was sentenced Tuesday to more than eight years for securities fraud that caused the failure of the…
L.A. Attorney Charged With Allegedly Stealing Millions of Dollars of Investment Money
LOS ANGELES Federal officials allege that Stephen Young Kang, 46, of Newport Beach, took several million dollars of investment money from clients and spent the money on personal expenses and luxury items. A…
Illinois Trailer Park Owners to Pay $75,000 for Discriminating Against Blacks (News Video)
ILLINOIS The owners of a trailer park agreed to pay $75,000 for discriminating against Blacks and families with children in violation of the federal Fair Housing Act, officials said. The settlement agreement,…
U.S. Citizen Extradited to Czech Republic to Face Charges for Quadruple Murder
VIRGINIA The federal government extradited U.S. citizen Kevin Dahlgren to the Czech Republic today to face murder charges in that country, according to authorities. Dahlgren, 23, formerly of Sacramento, California, is wanted for…
Russian Nuclear Energy Official Admits to Arranging $2 Million in Illegal Payments from U.S. Company
MARYLAND A Russian nuclear energy official residing in Maryland plead guilty Monday to conspiracy to commit money laundering in connection with his role in arranging over $2 million in illegal payments in…
Man Who Wanted to Detonate Bomb at Airport Sentenced to 20 Years (News Video)
KANSAS A federal judge sentenced a 60-year-old Kansas man who told an undercover federal employee that he was waiting for the “green light” from Allah to detonate a bomb at the airport…
Man Admits Sending Malicious Computer Code to Former Company’s Servers
NORTH CAROLINA An information technology manager admitted sending malicious computer code to former company’s servers in North Carolina, officials said. Nikhil Nilesh Shah, 33, of Union, New Jersey, plead guilty in federal…
Militia Members Who Wanted to Start a “Revolution” With Explosives Sentenced
GEORGIA A federal judge sentenced militia members —Brian Cannon, 37, Terry Peace, 47, and Cory Williamson, 29 — for planning to attack federal government targets with pipe bombs, according to officials. The…