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Tag Archives: Judicial Event

Former Owner And President Of Allied Health Care Sentenced For $135 Million Phony Lease Scheme

Former owner and president of Allied Heath Care Services, Charles Schwartz, was sentenced last week to 195 months in prison (16.25 years) for organizing and executing a $135 million phony lease scheme that losses of more than $80 million and victimized over 50 financial institutions. In April Schwartz pleaded guilty to one count of mail fraud but has been in ... Read More »

Home Start America CEO And Founder Sentenced To 50 Months In Prison For Role In $1.5 Million Fraud Conspiracy

CEO and founder of alleged real estate investment firm Home Start America (HSA), Michael Kaufman, was sentenced to 50 months in prison last week for his role in a long-running, large scale wire fraud conspiracy with loan officer David Wynn. According to documents filed and statements made in court: Kaufman founded HSA in Bloomfield, New Jersey, and at one time ... Read More »

Refunds Now Being Sent To Victims Of Express Consolidation Debt Management Services

Four years after the Federal Trade Commission (FTC) filed a case against Randall Leshlin and his debt management services company, Express Consolidation, the FTC is mailing out refund checks to almost 3,000 consumers across the country that fell victim to worthless debt management services. The reimbursement stems from a February 2009 contempt finding against Florida attorney Randall L. Leshin, and ... Read More »

If At First You Don’t Succeed, Commit Fraud and Fail Again : Defrauding From Behind Bars

Three defendants have been sentenced to federal prison on charges of bank fraud and aggravated identity theft; one man committing fraud from prison. According to United States Attorney Sally Quillian Yates, the charges and other information presented in court: In late January 2011, Samantha Johnson stole the wallet of a 93-year-old woman while she was shopping at a retail establishment ... Read More »

Embezzled, Diverted And Stolen Funds Used To Pay For Adult Entertainment

The guilty plea of vice present and co-operater of Coral Mortgage Bankers Corporation’s University City office, Matthew Kent, was announced earlier this month by the United States Attorney’s Office. According to court documents, between May 2007 and December 31, 2010, Kent, his partner in Coral Mortgage, David Rubin and Joshua Gould, formerly of Woodbury Financial, embezzled approximately $1,500,000 from a ... Read More »

Mother Sentenced To Almost 6 Years Jail Time In Family Fraud Affair

Earlier this year Janice Edwina Demmitt was convicted of the federal felony offenses charged in a 27-count indictment against her and her son, Timothy Fry. At trial, Demmitt was convicted on on one count of conspiracy to commit money laundering, eight counts of wire fraud and 11 counts of money laundering. Her son, Fry, whom plead guilty to one count ... Read More »

Defendants Arrested In Conjunction With $700,000 Health Care Fraud

Earlier this month three people, Ovsanna Agopian (aka Joanna Ovsanna / Joanna Smbatyan / Ovsanna Agopian), Boghos Babadjanian and Tolulope Labeodan, were charged in a federal indictment with various offenses related to their involvement in the operation of Euless Healthcare Corporation. The 10-count indictment charges each defendant with one count of conspiracy to commit health care fraud and nine substantive ... Read More »

CPA Pleads Guilty In Connection With $670 Million Fraud Scheme

Certified public accountant (CPA) and alleged outside auditor for Provident Capital Indemnity (PCI), Jorge Luis Castillo, plead guilty last week for his role in a $670 million fraud scheme effecting victims across the country and abroad. Castillo plead guilty to conspiring to commit mail and wire fraud, which carries a maximum penalty of 20 years in prison. According to a ... Read More »

Missouri Mayor Sentenced For Fraud, Embezzlement And Witness Tampering

Earlier this month the United States Attorney’s Office announced that Kinloch, Missouri’s Mayor Keith Conway was being sentenced to 21 months in prison and ordered to pay restitution of $62,429 on charges of using the city’s funds to pay personal expenses, fund personal travel, purchase a Florida vacation condo timeshare (sorry, no jail clause in those puppies!), and attempting to ... Read More »

Jade Capital & Investments Indicted In Alleged $37 Million Fraud

Jade Capital & Investments and its owners Joon Park (aka Joon Pak / Joon Paik) and his brother Loren Young Park (aka Loren Young Park / Yong Park) have been indicted on charges in connection to a scheme to fraudulently obtain business loans guaranteed by the Small Business Administration (SBA). Allegedly, this scheme resulted in losses over $37 million. Associate, ... Read More »

Fraudulent Treasury Strips Investment Program Results In $4 Million Investor Lost

It was announced this week that Tyrone Gilliams, Jr., was indicted on charges of securities and wire fraud for operating a fraudulent United States Treasury Strips investment program. Treasury Strips are securities derived from United States Treasury Bonds. Gilliams is the owner of TL Gilliams, LLC. In the summer of 2010, Gilliams personally solicited $4 million dollars from an investor ... Read More »

Former President And Finance Director Of The Speculated US Posterscope Accused Of A $20 Million Accounting Fraud

Earlier this month it was announced that the former president and finance director of one of the world’s largest outdoor advertising companies (speculated to be US Posterscope), have been accused of engaging in a five year long $19.75 million accounting fraud. Allegedly the men made it appear that their company was meeting certain performance targets when it wasn’t so that ... Read More »

Patient Recruiter Pleads Guilty To Role In Miami-Area $25 Million Home Health Medicare Fraud

Another defendant in the Miami $25 million home health Medicare fraud scheme pled guilty for her participation in the scheme as a patient recruiter. Beatriz Torres-Cruz pleaded guilty to one count of conspiracy to commit health care fraud and one count of solicitation of health care kickbacks. Torres-Cruz was charged in a February 2011 indictment. According to plea documents, Torres-Cruz ... Read More »

Hope Now Schemers Officially Out Of The Mortgage Business

It’s official! The last remaining defendants in an allegedly fraudulent mortgage modification scheme called “Hope Now” have settled with the Federal Trade Commission (FTC) that will permanently ban them from the mortgage assistance and relief business. They will also be forced to return any fraudulent-earned gains to consumers. The settlement with Michael Kwasnik and his law firm is part of ... Read More »

Thousands Of Texans Scammed In Credit Card Fraud

Both Nathan Michael and Elizabeth Pickrell were sentenced to federal prison for federal violations in Texas after committing a huge credit card scam. Earlier this year the two plead guilty to device fraud and last week Michael was sentenced to 51 months in prison while Pickrell faces a shorter, 24 month, prison sentence. Both have been ordered to pay $95,407.55 ... Read More »

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