fraud

The highly anticipated fraud trial of fallen Silicon Valley star Elizabeth Holmes began Wednesday with dueling portraits that drew stark contrasts of her as a dastardly, greedy villain and a passionate underdog who spent years trying to shake up the health care industry.

Three Vermont state troopers who are accused of being involved in a scheme to create fraudulent COVID-19 vaccination cards have resigned, state police said Tuesday.

Elizabeth Holmes once seemed destined to fulfill her dream of becoming Silicon Valley’s next superstar.

A fugitive Southern California couple awaiting sentencing after their conviction in an $18 million COVID-19 relief fraud case allegedly cut their ankle monitoring bracelets and went on the run, according to the FBI.

The trial of Elizabeth Holmes got underway in San Jose on Tuesday, starting with jury selection, as the founder and former CEO of Theranos stood accused of defrauding investors and patients.

A nationwide grandparent fraud scheme discovered in San Diego County has led to eight indictments and millions stolen from seniors. NBC 7’s Dana Griffin reports.

Eight people were indicted in a nationwide, $2 million fraud scheme Wednesday out of San Diego in which scammers targeted grandparents by feeding them fake stories that their grandkids were in terrible trouble and needed money fast.

Three women from the Inland Empire have pleaded guilty to using information belonging to other people, including California state prison inmates, to file for COVID-19 related unemployment benefits costing the state approximately $1.2 million.

A former Olympic figure skater has been arrested on charges that he ripped off a program to help struggling small businesses harmed by the coronavirus pandemic, authorities said Tuesday.

A Pennsylvania man fraudulently used then-President Donald Trump’s relatives’ names and photos – including those of Trump’s teen son – to rip off unsuspecting followers of a fictitious political fundraising operation, the FBI said.

A Seal Beach doctor pleaded guilty Wednesday to a federal conspiracy charge, admitting he participated in a scheme to submit $8.4 million in phony claims to Medi-Cal for services never provided.

A Stamford man was arrested on federal bank fraud and wire fraud offenses after receiving nearly $2.9 million in COVID-19 relief funds. The U.S. Department of Justice said 45-year-old Moustapha Disakhate was arrested Friday on a federal criminal complaint with offenses related to his receipt of the millions of dollars in COVID-19 relief funds guaranteed by the U.S. Small...

A Beverlywood man was indicted Wednesday for allegedly operating a $230 million Ponzi scheme based on false claims that investor money would be used to acquire licensing rights to films that HBO and Netflix had agreed to distribute overseas.

Federal authorities announced charges against five people in New Jersey and Florida in what they said was a $93 million health care fraud scheme involving orthotic braces. The U.S. attorney’s office also announced Thursday that two people connected to the scheme in New Jersey had pleaded guilty. According to prosecutors, some of the defendants had hidden financial interests in...

The upcoming trial of a former Massachusetts mayor first elected at the age of 23 will showcase the dramatic rise and fall of the wunderkind accused of stealing from his investors and extorting marijuana companies.

The sentencing occurred on March 31, 2021.

San Diego businessowner Gina Champion-Cain has been sent to 15 years in prison for defrauding investors out of millions of dollars.

Ponzi schemer Gina Champion-Cain received the maximum sentence for fraud committed against hundreds of victims.

Federal prosecutors for Missouri say a Branson performer has pleaded guilty to a count of wire fraud, admitting in court that he created a fake charity for foster children to bilk his audience members of thousands of dollars.

Two U.S. Postal Service employees have been charged with abusing their positions to purchase postal money orders with thousands of dollars in California unemployment benefits obtained through false claims of pandemic-related job losses. The Los Angeles U.S. Attorney’s Office says the two were arrested Wednesday. A criminal complaint alleges conspiracy, aggravated identity theft, access device fraud and fraud in connection...