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Friday, February 22, 2013 A Scottsdale man has been arrested and charged with stock fraud involving an operation in which, authorities allege, he swindled more than $30 million from investors. The operation involving manipulation of share prices in small companies, and as many as 20,000 investors are...

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Tuesday, March 19, 2013 Well-known Armenian-American mobster Armen "Pzo" Kazarian was sentenced to 7 years in federal prison recently after being convicted for Medicare fraud. He has been accused of perpetrating the fraud that is estimated to be worth $100 million. According to the US Attorney General,...

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Saturday, April 06, 2013 A federal grand jury has indicted 4 persons on serious mortgage fraud related charges. The 4 face charges of wire fraud, failing to file tax returns, filing false tax returns as well as bank fraud. The indictment names the 4 persons, all residents...

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Tuesday, May 14, 2013 The Federal Bureau of Investigation has announced the arrest of the owner of a North Carolina investment firm on charges of securities fraud and Ponzi scheme operation. According to the US Attorney for the Western District of North Carolina, the investment firm owner...

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Monday, August 19, 2013 The Federal Bureau of Investigation recently announced the arrests of 8 persons on charges of mortgage fraud. The criminal indictment against the New Concepts Home Loans has identified the victims as Washington Mutual Bank, JP Morgan Chase Bank, Wells Fargo Bank, Countrywide...

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Sunday, August 25, 2013 According to the federal administration, reports of mortgage fraud-related crimes dropped in 2012. This is the first time that such a decrease has been seen since the Treasury Department Financial Crimes Enforcement Network began tracking Mortgage Loan Fraud Crimes in 2002. In 2012,...

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Wednesday, August 28, 2013 Federal officers arrested seven people who are believed to have been part of a $140 million international penny stock fraud. The fraud is believed to be one of the largest penny stock frauds in history. Seven of the defendants were arrested inside the...

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