After running an investment fraud scheme and causing at least $200 million in losses, Eliyahu Weinstein was indicted last week with 45 charges. Weinstein has been charged one one count of conspiracy to commit wire fraud, 29 counts of wire fraud, two counts of wire fraud while on pretrial release, one count of bank fraud …
Charges have been announced against nine more participants in a scheme that defrauded programs that were established to aid survivors Holocaust survivors of of Nazi persecution out of over $57 million. Thus far, 30 have been charged in connection with this scheme and the nine newly announced fraudsters include: Henry Gordin, Genrikh Kolontryrskiy, Viktor Levin, …
Just a few days ago I reported on how former MetLife employee, Mark Edward Salyer of Tennessee, was responsible for the investment fraud scheme to the tune of $6 million between June of 2005 until June of 2007. Three days later, on October 6, 2011, Pensylvannia resident John Wosotowsky pleaded guilty to two counts (mail …
The world lost a legend five days ago. One of my role models, Steve Jobs. The world has publicly written, tweeted, Facebooked, blogged, vlogged and internally mourned the passing of the former Apple CEO. It’s not only amazing how one man changed the world with one idea but that his passing had lead to such …
Sometimes the apple doesn’t fall far from the tree. When children are growing up many look up to their parents and imitate them on a daily basis. “When I grow up, I’m going to be just like daddy!” But what happens when your parent is a fraudster? Father, Roberto Torres, former chief financial officer, and …
After a conviction last November following a seven-week trial David Moro was sentenced on October 5, 2011 to 10 and a half years (126 months) in prison for orchestrating and carrying out a $4.2 million broadcasting equipment lease and financing scheme which yielded a loss of more than $3 million to lenders. Moro was convicted …
On Thursday, October 7, 2011 Rober Schroy, of California, pleaded guilty to wire fraud and tax evasion for his role in a $1 million investment fraud scheme. Schroy pleaded guilty to one count of wire fraud and one count of tax evasion. According to filed documents in this case: Schroy said from 2004 through 2009 …
A family of fraudsters have been sentenced after finding guilt in the connection with a massive “affinity” fraud scheme where around 2,000 victims were swindled out of about $10.7 million. Father, Roy Fluker, Jr., was sentenced to 15 years in prison while his son, Roy Flucker, III and his daughter Ronnanita Flucker each got 8 …
This just in! ANOTHER person thought it would be a GREAT and SUPER SMART idea to defraud a bank … and it WASN’T! When will people learn? Multiple Virginia banks were defrauded almost $3.4 million by Osvaldo Mercado for submitting fraudulent loans. Mercado was indicted on conspiracy, six counts of bank fraud, two counts of …
Two completely separate men were charged in two completely separate Ponzi schemes in one completely same city of Charlotte, North Carolina on September 23, 2011. Both defendants plead guilty to commodities fraud. Apparently they both promised victims enormous profits from trading in the Charlotte, North Carolina commodities futures market. Mitchell Brain Huffman was charged with …