Financial scams exploit individuals’ financial vulnerabilities
In a shocking case of betrayal and online fraud, 37-year-old bank manager J Robert Kim lost Rs88 lakh in an alleged investment scam masterminded by his close friend V Rajasekar, …
Category:
Financial
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CryptoCryptocurrency ScamsInvestment Scams
Dr. G Moorthy Duped of Rs90.8L by Arun Kumar & Kannan
by Ananya MehtaTwo individuals who orchestrated a fraudulent online investment scheme and cheated a city-based doctor of Rs90.8 lakh have been arrested by the cybercrime wing of the Chennai police. The accused, …
by Ananya Mehta -
Fake Financial Services ScamsFinancial
Janet Bernal Charged with $17M Wire Fraud Scheme Involving Counterfeit Coupons
NEW JERSEY — Janet Bernal, 48, has been charged with one count of conspiracy to commit wire fraud and five counts of wire fraud. These charges stem from an alleged …
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Fake Financial Services ScamsFinancial
Stacy Margaritondo Admits to Embezzling $350K from NJ Synagogue
NEW JERSEY — Stacy Margaritondo, 52, of Scotch Plains, has pleaded guilty to embezzling more than $350,000 from a local synagogue over several years, federal authorities announced. Margaritondo entered her …
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Fake Financial Services ScamsFinancial
Employee Arrested for Embezzling Over $41,000 from Reservoir International
ABERDEEN, N.C. — Heather Berube, a 38-year-old Fayetteville resident, has been arrested after being accused of embezzling over $41,000 from Reservoir International, a local business that provides training and services …
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LYNCHBURG, Va. (WSET) — A Lynchburg woman has admitted to embezzling over $2.6 million from a local company over a span of more than five years. Teresa Proffitt pleaded guilty …
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FinancialSocial Security and Pension Scams
Minnesota Woman Pleads Guilty to Stealing $360K in Social Security Benefits
A Minnesota woman has pleaded guilty to stealing over $360,000 in Social Security benefits by fraudulently collecting her deceased mother’s payments for more than 20 years, the U.S. Attorney’s Office …
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NASSAU COUNTY, FL — A Florida woman has been arrested for allegedly embezzling over $570,000 from a local church during her 11-year tenure as financial secretary. According to the Nassau …
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Fake Financial Services ScamsFinancial
William Rohan Accused of Stealing Over $500K from Former Employer
BENTLEYVILLE, Pa. – A Munhall Borough man is facing serious felony charges after allegedly embezzling more than $500,000 from his former employer, Trupar America, a forklift company based in Bentleyville. …
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New York, NY — A once-hyped fintech startup that raised $40 million on the promise of breakthrough artificial intelligence was secretly powered by human labor, federal prosecutors revealed this week. …