Tag Archives: new york

Elaborate Scheme Leaves 180 With Over $1 Million In Fraudulent Purchases

Charges were announced last Thursday against seven members of an identity theft ring that allegedly used stolen identities of more than 180 people at major New York City retail stores including Home Depot, Sears, Kmart and Kohl’s, among others. The ring of fraudsters resold merchandise and gift cards for a profit after purchasing them under [...]

Romanian Citizen Busted For $1.5 Million Fraud Ring Of HSBC Customers

Last Thursday it was announced that Laurentiu Ilian Bulat was arrested yesterday for allegedly participating in a fraud ring that stole at least $1.5 million from HSBC customer bank accounts by installing “skimming” devices on more than 40 ATMs in Manhattan, Long Island, and Westchester, New York. According to the Complaint since May 2011, the [...]

East Coast Credit Card Fraud Ringleader Gets 12 Years In Prison

An identity thief was sentenced earlier this month to 12 years in prison for managing and east coast credit card fraud ring. Jonathan Oliveras, used counterfeit credit cards encoded with stolen account information up and down the East Coast of the United States and has been sentenced for this crime. In addition to his 12 [...]

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 [...]

Home Repair Scheme Targeted Elderly Homeowners

Last week a jury convicted two brothers in Chicago after running and operating a home-repair scheme that targeted elderly victims on the south and west sides of Chicago. At their trial six victims testified that they were swindled out of tens of thousands of dollars by fraudulently promising to perform expensive home repairs, convincing them [...]

$78 Million Mortgage Fraud “Dream Home” Scheme Owner Convicted

Andrew Hamilton Williams, Jr., was convicted last week in Maryland of fraud conspiracy, wire fraud and conspiracy to commit money laundering in connection to a massive mortgage fraud scheme. The scheme, entitled “Metro Dream Homes” promised to pay off homeowners’ mortgages on the homes of their dreams but instead left them high and dry. According [...]

Active Duty Soldiers Harassed For Debts With Threats Of Family Being Arrested

photo © 2007 The U.S. Army | more info (via: Wylio)I would like to preface this next news story with my exact facial expression. I encourage you join me. Please, if you would, raise your eyebrows, drop your jaw about an inch and let the fire rage in your eyes when you read about this [...]

New York Attorney General Wins $200,000 Penalty Against Debt Settlement Company

Attorney General Andrew M. Cuomo today announced that his office has won a lawsuit against a national debt settlement company, barring the company from doing business in New York state unless it posts a $500,000 performance bond to protect consumers. The decision also levies nearly $200,000 in penalties against the company for defrauding thousands of [...]

NY AG Goes After a Group of Buffalo Debt Collectors For Using Verbal Abuse and Sexual Harassment to Collect

Attorney General Andrew M. Cuomo today announced that his office has filed a lawsuit seeking to shut down a Buffalo-based debt collection operation consisting of 13 debt collection companies run by Buffalo residents Omar Smith, Narvell Benning and Keith Marshall (collectively, the “Benning-Smith Group”). Today’s announcement is the latest action in Attorney General Cuomo’s ongoing [...]

New York State Shuts Down Debt Collection Companies That Used Illegal Scare Tactics

Attorney General Andrew M. Cuomo announced that his office has shut down a New York collection operation that consisted of at least nine debt collection companies across Western New York, run by Buffalo resident Tobias Boyland. This is the latest action in Attorney General Cuomo’s ongoing investigation of unlawful debt collection practices. According to hundreds [...]

New York Attorney General Goes After Loan Modification and Foreclosure Rescue Companies for Screwing Consumers

Attorney General Andrew M. Cuomo announced his office is taking legal action against a leading New York foreclosure rescue company for charging illegal up-front fees and engaging in consumer fraud. The company targets homeowners facing foreclosure by claiming that it can save their homes, but often fails to provide the services promised. The Attorney General’s [...]

Attorney General Reaches Deal With Debt Collection Companies Over Deceptive Practices

New York Attorney General Andrew M. Cuomo today announced that his office has reached an agreement with three New York debt collection companies that failed to adequately supervise employees who engaged in deceptive and fraudulent methods to collect debts. The three companies, Creditors Interchange Receivable Management, LLC, Capital Management Services, LP and Tri-Financial, LLC, have [...]