At a rooftop police parking lot in downtown Los Angeles, a final briefing for a joint task force of the FBI and the LAPD. When the questions … and the donuts … are finished, the agents and officers mount up and fan out. Soon they are racing up the stairs at a nearby building. No, […]
25 fraud charges laid in scam worth $8M
Toronto police have charged 25 people in what they say was an elaborate fraud involving shell companies, false documents and money laundering to bilk financial institutions out of millions. Police say between March 2011 and October 2012 the accused were able to swindle GTA financial institutions — some of them major banks —out of $8 […]
Just hang up
This week is National Consumer Protection Week, a fitting backdrop for a story I’ve been working on that has become deeply personal. For years, I’ve heard stories from friends — mainly senior citizens — who have received stacks of suspicious mail promising riches from lotteries that no one has ever heard of. Some would even […]
NC man sentenced in huge crop insurance fraud
RALEIGH, N.C. (AP) — A North Carolina man is headed to prison for his role in a $21 million crop insurance fraud. Jimmy Thomas Sasser of Wilson pleaded guilty Wednesday to mail fraud, wire fraud, conspiring to make false statements and to threatening a witness. A federal judge sentenced him to four years in prison, a term reduced due to […]
‘Massive’ $200M Credit Card Fraud
Eighteen people have been charged in what federal prosecutors in New Jersey called one of the largest credit card fraud schemes ever uncovered by the U.S. Department of Justice, spanning 28 states and eight countries. “The defendants are part of a massive international fraud enterprise involving thousands of false identities, fraudulent identification documents, doctored credit reports and more than $200 […]
