These scams promise high returns with little risk
Rose Kasande Bailey, 60, of Warrenton, was sentenced today to two years in prison for wire fraud involving the theft of over $1 million from homeowner associations (HOAs) she managed …
Category:
Investment Scams
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Joseph McKeon, 54, the owner of B & T Builders LLC, pleaded guilty today to charges of wire fraud and money laundering in connection with a scheme to fraudulently obtain …
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A federal grand jury in Phoenix has returned a 19-count indictment against Anthonie Ruinard Jr., 39, of Chandler, Arizona, for wire fraud and transactional money laundering. The U.S. Attorney’s Office …
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Sabrina Elofer, a key figure in the Yukom Communications binary options scam, has been sentenced to time served and will serve six months of home confinement, according to a ruling …
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FinancialInvestment Scams
Appampally Surya Pratap Reddy Arrested in ₹2.79 Crore Chit Fund Scam
by Ananya MehtaOn Tuesday, the Cyberabad Economic Offences Wing (EOW) apprehended Appampally Surya Pratap Reddy in connection with a major chit fund fraud that defrauded over 80 investors of Rs2.79 crore. The …
by Ananya Mehta -
FinancialInvestment Scams
Three Arrested in Rs5 Crore Fraud at Karadka Agriculturist Welfare Cooperative Society
by Ananya MehtaIn a significant development, three persons have been arrested in connection with a fraud exceeding Rs5 crore at the Karadka Agriculturist Welfare Cooperative Society, which is allegedly controlled by the …
by Ananya Mehta -
FinancialInvestment Scams
Trio Arrested in Grihalakshmi Cooperative Society Investment Scam in Assam
by Ananya MehtaIn a shocking development, three individuals have been arrested in connection with a major investment fraud involving the Grihalakshmi Cooperative Society. The scam, which defrauded thousands of depositors, was uncovered …
by Ananya Mehta -
Germantown, MD – On Friday, Ansoumane Camara, 35, of Germantown, MD, was sentenced to 18 months in prison for securities fraud and felony theft, after pleading guilty to defrauding a …
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FinancialInvestment Scams
Vigilance Arrests Government Official Rao for ₹3.77 Crore Disproportionate Assets
by Ananya MehtaVigilance officials arrested a government officer, identified as Rao, after discovering his disproportionate assets worth over Rs3.77 crore, far exceeding his known sources of income. The authorities, acting on intelligence, …
by Ananya Mehta -
Joshua Sinclair Owens Faces Charges for $30K Jail Scheme Joshua Sinclair Owens, 35, has been charged in connection with an alleged money laundering operation in which he made nearly $30,000 …