Banking & Securities Fraud Mortgage Fraud US Department of Justice (DOJ)

NATIONAL MORTGAGE SETTLEMENT

“The U.S. Trustees Program . . . was one of the first federal agencies to investigate mortgage servicer abuse of homeowners in financial distress. . . . They have worked tirelessly to seek justice for homeowners who were treated unfairly and taxpayers who footed the bill.  And the information and evidence that these teams compiled […]

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Investment Fraud Our Daily News Rhode Island US Department of Justice (DOJ) Wire Fraud

Property Preservationist Pleads Guilty in $10 Million Dollar Fraud Scheme

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, July 12, 2019 Former East Greenwich, Rhode Island, businesswoman Monique N. Brady, 44, whose company, MNB, specialized in preserving the condition of foreclosed homes for resale, yesterday admitted to utilizing her business and business contacts, often times family members, friends, and business associates, to […]

Banking & Securities Fraud Our Daily News Securities Fraud US Department of Justice (DOJ)

Antitrust Division Announces New Policy to Incentivize Corporate Compliance

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, July 11, 2019 During remarks today, Assistant Attorney General Makan Delrahim announced the Antitrust Division’s new policy for incentivizing antitrust compliance. For the first time, the Division will consider compliance at the charging stage in criminal antitrust investigations, a change which is reflected in […]

Banking & Securities Fraud Our Daily News Securities Fraud Utah

Heir Location Services Company and Co-Owner Plead Guilty To Antitrust Charge for Long-Running Agreement Not to Compete

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Wednesday, July 10, 2019 Pleas Follow Court’s Ruling That the Per Se Rule Applies to Alleged Customer Allocation Conspiracy Kemp & Associates Inc., a Salt Lake City-based heir location services provider, and its co-owner, Daniel J. Mannix, pleaded guilty to allocating customers with another heir […]

Banking & Securities Fraud Consumer Financial Protection Bureau (CFPB) Louisiana Office of Inspector General (OIG) Our Daily News US Department of Justice (DOJ)

Bank General Counsel Pleads Guilty To Conspiracy to Defraud First NBC Bank

Department of JusticeU.S. Attorney’s Office Eastern District of Louisiana FOR IMMEDIATE RELEASE Tuesday, July 2, 2019 NEW ORLEANS – The United States Attorney’s Office announced that GREGORY ST. ANGELO (“ST. ANGELO”), age 54, a resident of St. Tammany Parish, pled guilty Friday, June 28, 2019 to conspiring to defraud First NBC Bank, the New Orleans-based bank that failed […]

Banking & Securities Fraud Florida Our Daily News Puerto Rico US Department of Justice (DOJ)

South Florida Resident Sentenced to 30 Years for $100 Million International Fraud Scheme that Led to the Collapse of One of Puerto Rico’s Largest Banks

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Wednesday, July 3, 2019 A Key Biscayne, Florida, resident and the former CEO and Chairman of a now-bankrupt multinational pharmaceutical company was sentenced to 30 years in prison followed by five years of supervised release yesterday for his role his role in a $100 million […]

Federal Bureau of Investigation (FBI) International Government Fraud Our Daily News Tax Fraud US Department of Justice (DOJ) Wire Fraud

Department of JusticeOffice of Public Affairs FOR IMMEDIATE RELEASETuesday, July 2, 2019 Electrical Engineer Convicted of Conspiring to Illegally Export to China Semiconductor Chips with Missile Guidance Applications An electrical engineer has been found guilty of multiple federal criminal charges, including engaging in a scheme to illegally obtain integrated circuits with military applications that later […]

Banking & Securities Fraud Foreclosure Fraud Mortgage Fraud Our Daily News Securities Fraud

Home Wrecker – Progressive.org

The Great Recession may be over, but abusive mortgage servicers are still at work, and they’re transforming neighborhoods into rental markets. — Read on progressive.org/magazine/home-wrecker-abusive-mortgage-servicer-transforms-neighborhoods/

Banking & Securities Fraud International Government Fraud Our Daily News

Christine Lagarde convicted: IMF head found guilty of criminal charges over massive government payout | The Independent

International Monetary Fund chief Christine Lagarde has been convicted over her role in a controversial €400m (£355m) payment to a businessman. French judges found Ms Lagarde guilty of negligence for failing to challenge the state arbitration payout to the friend of former French President Nicolas Sarkozy. The 60-year-old, following a week-long trial in Paris, was […]

Banking & Securities Fraud Business Fraud Internet Fraud Our Daily News Texas

E-Commerce Company Pleads Guilty To Antitrust Charge

Department of JusticeOffice of Public Affairs FOR IMMEDIATE RELEASEThursday, June 27, 2019 Gennex Media and its President Sentenced for Conspiracy To Fix Prices of Promotional Products Sold Online Gennex Media LLC (aka Brandnex.com and PMGOA) pleaded guilty and was sentenced today for conspiring to fix prices for customized promotional products sold online to customers in […]

Banking & Securities Fraud Federal Bureau of Investigation (FBI) Investment Fraud Our Daily News Securities Fraud US Department of Justice (DOJ) US Securities and Exchange Commission (SEC)

Former Financial Services Executive Pleads Guilty To Rigging Bids for Financial Instruments in Violation of Antitrust Law

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, June 27, 2019 First Individual Defendant Pleads Guilty in Ongoing Pre-Release ADRs Investigation Larry D. Meyers, the former head of the securities lending desk at Banca IMI Securities Corp., pleaded guilty to a criminal antitrust charge for his involvement in a bid-rigging conspiracy for […]

Banking & Securities Fraud Business Fraud Corporate Fraud Our Daily News Political Fraud Technology Fraud

Financial Blacklisting: Sleeping Giants and Soros-Backed Group Pressure Mastercard to Censor the Right | Breitbart

A coalition of far-left political activist organizations known for peddling smears about conservatives held a protest at Mastercard’s annual general meeting (AGM) today, aiming to pressure the international credit card giant to financially blacklist wider sections of the political right. The groups’ proposal to form a “human rights committee” did not sway shareholders, who voted […]

Banking & Securities Fraud BAR Mortgage Fraud Our Daily News US Department of Justice (DOJ) Wire Fraud

Former Attorney Pleads Guilty for Role in Loan Modification Scam That Targeted Struggling Homeowners United States v. Ronald Rodis

Press ReleaseDocket Number: 8:13-CR-0208 (C.D. Cal.) On June 29, Ronald Rodis pled guilty to conspiracy to commit mail and wire fraud for his role in Rodis Law Group, a bogus law firm that purported to offer struggling homeowners assistance obtaining loan modifications. Three defendants, including Rodis, opened Rodis Law Group and advertised loan modification assistance […]

Banking & Securities Fraud BAR Case Files and Settlements Mortgage Fraud Our Daily News Wire Fraud

Owner of Loan Modification Scam That Targeted Struggling Owners Pleads Guilty United States v. Bryan D’Antonio

Press ReleaseDocket Number: 8:13-CR-0208 (C.D. Cal.) On August 9, Bryan D’Antonio pled guilty to conspiracy to commit mail and wire fraud for his role as owner and operator of Rodis Law Group and America’s Law Group, bogus law firms that purported to offer struggling homeowners assistance obtaining loan modifications. In reality, these companies were telemarketing […]

Banking & Securities Fraud California Case Files and Settlements Credit Card Fraud Mail Fraud Our Daily News US Department of Justice (DOJ) Wire Fraud

Fifth Defendant Sentenced in Debt Relief Fraud Scheme United States v. Nelson et al.; United States v. Harati et al.

Docket Numbers: 8:14-CR-0198-DSF; 8:15-CR-0041 (C.D. Cal.) On November 21, 2016, defendant John Vartanian was sentenced to 27 months’ imprisonment and ordered to pay $1.2 million of restitution in connection with a fraudulent debt relief services scheme based in Orange County, California. Vartanian previously pled guilty to one count of conspiracy to commit mail and wire fraud […]

Banking & Securities Fraud Corporate Fraud Delaware Investment Fraud Our Daily News Securities Fraud US Department of Justice (DOJ)

Justice Department Sues to Block Quad’s Acquisition of LSC

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, June 20, 2019 Acquisition Would Eliminate Quad’s Principal Competitor in Magazine, Catalog, and Book Printing The Department of Justice filed a civil antitrust lawsuit today seeking to block Quad/Graphics Inc.’s proposed acquisition of LSC Communications Inc. in order to preserve competition in the markets […]

Banking & Securities Fraud Federal Bureau of Investigation (FBI) International Government Fraud Investment Fraud US Department of Justice (DOJ) Wire Fraud

Two Businessmen Convicted of International Bribery Offenses

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, June 20, 2019 Schemed to Bribe High-Level Officials in Haiti A federal jury in Boston found the chairman and CEO of an investment firm and a member of the investment firm’s board of directors guilty today for their participation in a scheme to bribe […]