Financial scams exploit individuals’ financial vulnerabilities
Concord, NH — David Herlicka, 51, of Amherst, was convicted on October 30 for his role in a fraudulent investment scheme that embezzled nearly $1 million to fund his now-closed …
Category:
Financial
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In a major crackdown on counterfeit currency, the Halasuru Gate police have dismantled a sophisticated racket that duped unsuspecting victims using demonetized Rs2000 notes. The gang, which promised to “make …
by Ananya Mehta -
In a major cybercrime breakthrough, police have arrested three men accused of cheating an investor out of nearly Rs22 lakh through a fraudulent online investment scheme. The suspects, inspired by …
by Ananya Mehta -
The Surathkal Police have arrested four individuals in connection with two massive “lucky scheme” scams that defrauded thousands of people, amounting to crores of rupees. In the first case, Ahmed …
by Ananya Mehta -
In connection with a multi-crore fraud, Mulki police have arrested a couple accused of cheating residents around Kinnigoli in Mulki taluk. The accused, identified as Richard D’Souza (52) and his …
by Ananya Mehta -
Fake Financial Services ScamsFinancialGovernment scam
Mangaluru Loan Fraud SBI Officer Abhishek Nanda Arrested
by Ananya MehtaA significant loan fraud in Mangaluru has been uncovered, involving fake companies exploiting Central Government loan schemes. The accused allegedly created two bogus small-scale industrial units and, with assistance from …
by Ananya Mehta -
VOLUSIA COUNTY, Fla. — A former Volusia County Sheriff’s Office deputy, Douglas Meyer, has been charged with orchestrating an organized check kiting scheme involving local credit unions. Meyer, 37, allegedly …
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FinancialIdentity TheftInvestment Scams
Mumbai Police Arrest Akhtar Hussaini in BARC Scam
by Ananya MehtaThe Mumbai Police have arrested Akhtar Hussaini, a 60-year-old man who allegedly posed as a Bhabha Atomic Research Centre (BARC) scientist and received millions in foreign funding over nearly three …
by Ananya Mehta -
WALLKILL, N.Y. – Five correction officers in Ulster County were arrested following an 18-month investigation into workers’ compensation abuses, announced Thursday by the New York State Police and State Inspector …
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PLATTSBURGH, N.Y. — Two people were arrested in Plattsburgh following an attempted fraud scheme targeting an elderly resident, according to New York State Police. Chendong Wu, 42, and Feitao Chen, …