All Latest Business News
Aaron A. Wagner, 42, and Michael Mains, 46, both from Alpine, Utah, were officially indicted on Nov. 6 on 16 counts of financial crimes concerning money laundering and wire fraud, according to a DOJ press release.
A New York bank manager received a prison sentence for stealing from a customer who was about to die.
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.
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 […]
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.
Handing over a counterfeit iPhone to Apple so they can replace it with a real one is not a foolproof plan.
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.
Defrauding wealthy businessmen has landed this cowboy in serious trouble.
A former investment management firm partner stole over $2.4 million in two fraud schemes.
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.
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.
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.
Join the mission and subscribe to our newsletter. In exchange, we promise to fight for justice.
