Browsing: White Collar Crime

The $5 trillion in federal COVID-relief money approved in 2020 and 2021, with few strings and no oversight, has produced one of the largest frauds in American history. Some 1,500 people have already been charged.

Stephen Buyer, a former Republican congressman from Indiana, was accused in court papers of insider trading during the $26.5 billion merger of T-Mobile and Sprint. Others charged included tech executives and a man training to be an FBI agent.

Daniel Broyles, one of the men at the center of two scams that traded on people’s hopes for new clean and green technologies, has pleaded guilty in federal court to conspiracy to commit mail fraud and wire fraud, mail fraud, and money laundering.