Business

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Investment Advisor Steals $2.1 Million from Clients

Kristi Margaret Berge, the 48-year-old founder and CEO of Keep Safe Investments, aka KSI Financial, a planning and investment services firm, was sentenced to 30 months in federal prison and two years of supervised release for her role in a wire fraud scheme in which millions of client investment funds were misappropriated, according to the […]

Report Strahinja Nikolić | Jan 10, 2025

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Money Laundering

Nine People Charged in Money Laundering Scam that Stole Millions from Businesses

Prosecutors unsealed an indictment in November that charges nine people in an alleged multi-state money laundering scheme that yielded millions of dollars from internet fraud and business email compromise (BEC) schemes.

Report Nik Mebane | Jan 10, 2025

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Embezzlement

Man Convicted of Embezzling $2 Million from Gun Store

On Nov. 26, a U.S. district court sentenced Evan Bobzin, a 39-year-old man from Chester, Pa., to 24 months in prison, followed by three years of supervised release for theft and tax offenses in which he embezzled $2 million, according to a Justice Department press release.

Report Strahinja Nikolić | Jan 9, 2025

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Financial Gains

Woman Caught in Multi-Million-Dollar Check-Kiting Scheme

Katherine Mott-Formicola, 54, from Pittsford, N.Y., pleaded guilty on Dec. 3 to charges related to a scheme to inflate various bank accounts artificially, according to a DOJ press release. Mott-Formicola pled guilty to money laundering and financial institution fraud for her “check kiting” scheme that cost the banks millions of dollars.

Report Jessika Saunders | Jan 8, 2025

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Misrepresentation

A Spy Among Us: Florida Telecoms Worker Acted As Agent of Chinese

Ping Li, a 59-year-old man from Wesley Chapel, Fla., was sentenced on Nov. 25 to 48 months in prison for conspiring to secretly act as an agent of China in the U.S, according to a Justice Department press release.

Report Strahinja Nikolić | Jan 8, 2025

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Border Patrol

California Man Allegedly Attempts to Smuggle Meth Through LAX By Caking It On a Cow Pajama Onesie and Other Clothes

Raj Matharu, 31, from Northridge in the San Fernando Valley of Los Angeles, was charged on Nov. 26 with possession with the intent to distribute methamphetamine, according to a DOJ press release.

Report Jessika Saunders | Dec 23, 2024

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Embezzlement

Property Manager Steals $1.1 Million From Multiple HOAs

The owner of a property management company stole over one million dollars from over 70 homeowner associations in Virginia.

Report Jessika Saunders | Dec 23, 2024

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Misrepresentation

Ex-Macy’s Employee Earns Place on Santa’s ‘Naughty List’ for Hiding $150M on Balance Sheet

A Macy’s employee made improper accounting entries to the tune of $150 million over three years, which should have been applied toward delivery expenses.

Report Raymond L. Daye | Dec 12, 2024

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Misrepresentation

Man Purchased Millions in Real Estate, Took Advantage of Programs Meant to Help Homeowners

A federal jury in Brooklyn found Avraham “Avi” Tarshish guilty of a conspiracy to commit wire and bank fraud, according to a new Justice Department press release. Tarshish and a team of co-conspirators cheated mortgage lenders, including Fannie Mae and Freddie Mac, out of millions of dollars.

Report Matthew Koelher | Dec 11, 2024

Avraham Tarshish and Others Defrauded the Mortgage Industry By Orchestrating Short Sales and Selling Properties for Exhorbitant Profits.

Financial Gains

Business Owner Pollutes Environment for Personal Gain

The owner of Red Barn Diesel Performance installed illegal software to circumvent emission control systems required by the Environmental Protection Agency (EPA).

Report Jessika Saunders | Dec 6, 2024

A Truck Spews Black Toxic Smoke From Its Exhaust Pipe Representing People Like Isaac Allen That Sell Emissions Defeat Devices That Harm The Environment and Circumvent the Law

Money Laundering

“Pump-and-Dumper” Pleads Guilty in International Stock Conspiracy

Ronald Bauer, a Canadian and United Kingdom citizen who resided in the UK, pleaded guilty for his role in a long-running so-called “pump-and-dump” stock manipulation scheme.

Report Strahinja Nikolić | Dec 5, 2024

Ronald Bauer Shown Here in a Aug. 26 Photo Taking a Selfie at the Gym Has Pleaded Guilty to U.S. Federal Charges in a Pump and Dump Scheme

Misrepresentation

Final Executive Sentenced in Proposed Nuclear Plant Disaster

Jeffrey Alan Benjamin, 62, from Jenkinsville, S.C., was sentenced on Nov. 21 to one year and one day for failing to provide accurate information to the energy company SCANA, which caused them to deceive regulators, shareholders and the public, according to a DOJ press release.

Report Jessika Saunders | Dec 5, 2024

Jeffrey Allen Benjamin Walking Out of a Courthouse With His Attorney Has Been Sentenced to One Year and One Day in Prison For His Rule in a Nuclear Power Plant Scheme

Weekly Muck

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Business

Investment Advisor Steals $2.1 Million from Clients

Nine People Charged in Money Laundering Scam that Stole Millions from Businesses

Man Convicted of Embezzling $2 Million from Gun Store

Woman Caught in Multi-Million-Dollar Check-Kiting Scheme

A Spy Among Us: Florida Telecoms Worker Acted As Agent of Chinese

California Man Allegedly Attempts to Smuggle Meth Through LAX By Caking It On a Cow Pajama Onesie and Other Clothes

Property Manager Steals $1.1 Million From Multiple HOAs

Ex-Macy’s Employee Earns Place on Santa’s ‘Naughty List’ for Hiding $150M on Balance Sheet

Man Purchased Millions in Real Estate, Took Advantage of Programs Meant to Help Homeowners

Business Owner Pollutes Environment for Personal Gain

“Pump-and-Dumper” Pleads Guilty in International Stock Conspiracy

Final Executive Sentenced in Proposed Nuclear Plant Disaster

Weekly Muck

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