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Woman Steals $3 Million, Will Serve 3 Years, Then 3 Years of Supervised Release

Sally Lynn Elmore, a 56-year-old woman from Clarkston, Michigan, was sentenced to three years in prison on Oct. 25, according to a Justice Department statement. The sentence comes on the heels of Elmore pleading guilty in July 2024 to one count of wire fraud.

Report Strahinja Nikolić | Nov 12, 2024

A Womans Hands are Tied with Rope Around Her Back and She is Holding Money and Playing Cards Representing Gambling Addiction. - The Daily Muck

Money Laundering

TD Bank Pleads Guilty to Violating Bank Secrecy Act and Money Laundering; Will Pay $3 Billion

TD Bank, the 10th largest bank in the United States, and its parent company, TD Bank US Holding Company, pleaded guilty and agreed to pay over $1.8 billion in penalties to resolve the Justice Department’s investigation into violations of the Bank Secrecy Act and money laundering, according to a public statement published by the Justice […]

Report Strahinja Nikolić | Nov 12, 2024

A TD Bank Location on a Sunny Day in Florida the Bank Will Pay More Than 3 Billion to Settle Federal Suit - The Daily Muck

Money Laundering

U.S. Indicts CEO of Nigerian Airlines for Obstruction of Justice

Allen Onyema, the Chairman, CEO and founder of Air Peace, a Nigerian airline, was charged in a superseding indictment on Oct. 11 with obstruction of justice for submitting false documents to the U.S. government to end an investigation of him.

Report Strahinja Nikolić | Nov 6, 2024

Allen Onyema CEO of Peace Airlines Receives an Award from the NIgerian Army - The Daily Muck

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Financial Gains

AppleCare+ to the Extreme: Chinese Men to Pay More than a Million for False Repair Claims

Handing over a counterfeit iPhone to Apple so they can replace it with a real one is not a foolproof plan.

Report Jessika Saunders | Oct 24, 2024

The Five Phases of an Apple Being Eated Represents the Theft of iPhones from Apple by two Chinese Men and Their Subsequent Convictions - The Daily Muck

Tax Evasion

Florida Man Indicted For Allegedly Running Fake Tax Shelter

Stephen T. Mellinger III, a securities broker, financial advisor, and insurance salesman from Florida, was indicted for a decade-long scheme to operate and promote an illegal tax shelter, stealing from his clients’ funds and money laundering, according to a Justice Department press release.

Report Strahinja Nikolić | Oct 22, 2024

A Man Folds His Hands Over a Piggy Bank Besides Stacks of Coins as If Sheltering Them from Taxes As Stephen T. Mellinger III is Allegedly Guilty of Illegally Doing - The Daily Muck

Misrepresentation

Real Life Rodeo Clown: Texas Contractor Defrauds $2.8 Million from Private Investors

Defrauding wealthy businessmen has landed this cowboy in serious trouble.

Report Jessika Saunders | Oct 22, 2024

Former Rodeo VP Michael Wayne Galvan Was Sentenced to Serve 30 Months in Prison and Repay Millions in Fraud Case - The Daily Muck

Misrepresentation

Investment Manager Sentenced for $2.4 Million in Frauds

A former investment management firm partner stole over $2.4 million in two fraud schemes.

Report Jessika Saunders | Oct 22, 2024

A Man Seen From Behind in a Prison Jumpsuit and Handcuffed From Behind Represents Joshua Henners Conviction and Sentencing to 30 Months After He Pleaded Guilty to Defrauding 2.4 Million - The Daily Muck

Tax Evasion

Investment Advisors Stole $100 Million, Plead Guilty to RICO Charges

Joseph LaForte, a 53-year-old man from Philadelphia, and his brother James LaForte, a 47-year-old man from New York, pleaded guilty on Sept. 11 to the counts of racketeering conspiracy, securities fraud and related crimes under the Racketeer Influenced and Corrupt Organizations (RICO) Act.

Report Strahinja Nikolić | Oct 17, 2024

Joseph Laforte and His Brother James Laforte Have Pleaded Guilty to RICO Charges - The Daily Muck

Financial Gains

AA Mechanic Caught Stuffing Bricks of Cocaine in His Jacket: Sentenced to Nine Years

A former American Airlines mechanic was sentenced to nine years in prison earlier this month for his role in a conspiracy to import and possess cocaine, according to a press release by the U.S. Attorney’s Office, Eastern District of New York.

Report Matthew Koelher | Oct 7, 2024

Paul_Belloisi_Was_Sentenced_to_Nine_Years_in_Prison_for_Using_His_Access_as_an_American_Airlines_Mechanic_to_Smuggle_Cocaine_The_Daily_Muck

Medical Fraud

Chief Operating Officer of COVID Test Kit Company Embezzled Millions: Sentenced to a Second Term Behind Bars

Dennis W. Haggerty, a 48-year-old man from Burr Ridge, Ill., was sentenced to spend six years and five months in federal prison for misappropriating over $1.85 million in company funds, according to a press release by the U.S. Attorney’s Office, Northern District of Illinois.

Report Strahinja Nikolić | Oct 1, 2024

Money Laundering

Feds Charge Man with “Music Streaming Fraud” for Distributing AI-Made Songs

In a fascinating new case that tests the legality of AI-generated art, Michael Smith, a 52-year-old musician from Cornelius, North Carolina, was arrested and indicted for using sophisticated artificial intelligence to create a streaming music fraud scheme that netted him more than $10 million.

Report Strahinja Nikolić | Sep 26, 2024

A_Pair_of_Robotic_Arms_Plays_a_Piano_Representing_a_New_Legal_Case_Alleging_AI-Created_Music_is_Fraud_The_Daily_Muck

Financial Gains

Solar Installer Indicted for Stealing Funds, Not Following Through on Projects

Daniel Jarrett Ridlinghafer, 37, of Marana, Ariz., was indicted on 11 charges of bank, wire and mail fraud by a federal grand jury in Tuscon on Aug. 14, according to a DOJ press release. Ridlinghafer defrauded homeowners out of more than $695,000, prosecutors say.

Report Strahinja Nikolić | Sep 25, 2024

Daniel_Jarrett_Ridlinghafer_has_been_indicted_on_11_counts_of_bank_fraud_related_to_his_ownership_of_Tucson_Solar_Pros_The_Daily_Muck

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Business

Woman Steals $3 Million, Will Serve 3 Years, Then 3 Years of Supervised Release

TD Bank Pleads Guilty to Violating Bank Secrecy Act and Money Laundering; Will Pay $3 Billion

U.S. Indicts CEO of Nigerian Airlines for Obstruction of Justice

AppleCare+ to the Extreme: Chinese Men to Pay More than a Million for False Repair Claims

Florida Man Indicted For Allegedly Running Fake Tax Shelter

Real Life Rodeo Clown: Texas Contractor Defrauds $2.8 Million from Private Investors

Investment Manager Sentenced for $2.4 Million in Frauds

Investment Advisors Stole $100 Million, Plead Guilty to RICO Charges

AA Mechanic Caught Stuffing Bricks of Cocaine in His Jacket: Sentenced to Nine Years

Chief Operating Officer of COVID Test Kit Company Embezzled Millions: Sentenced to a Second Term Behind Bars

Feds Charge Man with “Music Streaming Fraud” for Distributing AI-Made Songs

Solar Installer Indicted for Stealing Funds, Not Following Through on Projects

Weekly Muck

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