Wichita Falls homebuilder Ricardo Sandoval, owner of Desilu Properties, was arrested last Friday by Wichita Falls Police on charges of misapplication of fiduciary property. Authorities allege that Sandoval was involved …
Tag:
financial crime
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Fake Financial Services ScamsFinancial
Executives Patrick Mahony and Tarek Obaid Convicted in 1MDB Scandal
The Swiss Federal Criminal Court has convicted two executives from the oil exploration company PetroSaudi for embezzling over $1.8 billion from Malaysia’s state investment fund, 1MDB. The verdict, delivered on …
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A jury in New York has convicted Wall Street investor Sung Kook ‘Bill’ Hwang of fraud and market manipulation. This verdict comes three years after the collapse of his investment …
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Guy Flintham, 46, was sentenced to six years in prison today after pleading guilty to fraud by false representation at Southwark Crown Court. The prosecution was initiated by the UK …
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Police have apprehended bank manager Jasveer Singh, 50, in connection with a significant fraud case at a cooperative bank branch located in Sialba Majri village. He was arrested during an …
by Ananya Mehta -
By Matt Pole A Sussex director, Lee Walkey, has been sentenced for committing fraud related to the Covid Bounce Back Loan scheme and for misleading an associate about an unauthorized …
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A 26-year-old man from China, Yuanping Lin, faces fraud charges after allegedly depositing a counterfeit cheque worth $47,000 in Oshawa over a year ago. According to the Durham Regional Police …
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A fraudster involved in a gang’s attempt to defraud the government of £1.1 million has received a suspended sentence. Louis Mothersdale, 27, submitted fraudulent claims through HMRC’s self-assessment system, as …
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FinancialInvestment Scams
Odisha Arrests Proprietor in ₹600 Crore Share Trading Scam
by Ananya MehtaThe Economic Offences Wing (EOW) of Odisha arrested Saiyyad Jiyajur Rahaman, the proprietor of LFS Broking & PMS Services, at Kolkata’s Netaji Subhash Chandra Bose International Airport upon his return …
by Ananya Mehta -
The Economic Offences Wing (EOW) of Cyberabad police has arrested two individuals involved in a cheating case promising high returns on investments in fake real estate ventures under the name …
by Ananya Mehta