bankruptcy

JAKARTA — The Attorney General’s Office detained Iwan Kurniawan Lukminto, Deputy CEO of bankrupt textile giant Sri Rejeki Isman (Sritex), Wednesday following his designation as a suspect in a corruption …

CLEVELAND, Tenn. — A grand jury indictment has revealed that Andrew Charles Sneed, co-owner of a Cleveland, Tennessee assisted living facility, allegedly stole millions of dollars over six years—ultimately forcing …

Fargo, N.D. — Cheri Gerken, the former executive director of Presentation Partners in Housing, is facing felony theft charges after being accused of embezzling over $200,000 from the organization. Court …

Ronald Schuck, the president of Tampa Life Plan Village, has been arrested and accused of misappropriating funds following a bankruptcy that displaced over 100 seniors from the University Village community …

Lucien Aubey, the former footballer who had a brief loan spell at Portsmouth in 2008, has been sentenced to two years in prison, with 12 months suspended, after being found …

Ontario, Canada – Doug Grozelle, a former punk rock frontman turned Ponzi scheme mastermind, was arrested Thursday in connection with a complex $24.6 million investment fraud. Grozelle, 49, is accused …

Randy Miller, 70, and his son Chad Miller, 41, both of Phoenix, were arrested Tuesday for allegedly defrauding investors out of more than $280 million. The father and son duo …

A Tennessee couple, Trey and Emily Knight, pleaded guilty to federal fraud charges, admitting to defrauding investors and making false statements in bankruptcy filings, as reported by the U.S. Attorney’s …

NEW YORK (AP) — Alexander Mashinsky, the founder and former CEO of the failed cryptocurrency platform Celsius Network, could face decades in prison after pleading guilty on Tuesday to federal …