The Crime Report (https://thecrimereport.org/category/white-collar-crime/)
Prosecutors alleged that Lev Parnas—a Soviet-born businessman who worked with Rudy Giuliani to seek investigations that could benefit President Donald Trump—duped potential investors in a fraud-insurance firm known as Fraud Guarantee.
Federal officials have charged 57 so far in bilking of the Paycheck Protection Program.
As workers grow desperate for unemployment benefits, criminals filing fraudulent claims are making legitimate claimants wait longer for help
Federal authorities say they have put in place tough measures to combat white-collar crime during the pandemic, but two recent cases appear to illustrate a continued rise in what a recent federal watchdog report called “pervasive fraudulent activity.”
Actress Lori Loughlin and fashion designer husband Mossimo Giannulli get short prison terms for cheating their daughters’ way into college.
Steve Bannon, a top Donald Trump adviser until he was ousted in 2017, was accused in a federal indictment of a scheme to defraud hundreds of thousands of donors in a crowdfunding campaign.
White-collar prosecutions were down 26-30 percent during President Trump’s first three years in office from the Obama administration’s average. And that was before the panedemic shut down courts and prosecutions sank to record lows.
Manhattan District Attorney Cyrus Vance pursues his subpoena for the president’s financial records, as President Donald Trump blasts “the worst witch hunt in American history.”
A software writer’s guilty plea in Las Vegas on Friday to charges of RICO conspiracy for helping steal identities, payment cards, and other sensitive data highlights the massive losses incurred in cyberscams, which have increased in scope since the outbreak of COVID-19.
Manuel Henriquez, founder and former chief executive of specialty finance company Hercules Capital Inc., was sentenced to six months in prison for his role in the college admissions cheating scandal. His wife already is serving a seven-month term.