Last year, Teresa Giudice and her husband Joe were charged with 39 counts of fraud which included conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications, and bankruptcy fraud. “Today is a most difficult…
Nguyen Duc Kien Jailed for 30 Years Due to Fraud
On Monday, a Vietnamese court sentenced Nguyen Duc Kien to 30 years in a state prison for his role in a series of financial scams which robbed people and corporations of more than $1.1 billion – an act which was…
Two Chicago Men Charged For Rolling Back Odometers
The U.S. Department of Justice today announced that two men have been indicted by a federal grand jury for tampering with car odometers. The men, who are brothers, are alleged to have rolled back the odometers of nearly 150 different…
Cynthia Bailey Accused of Photo Contest Fraud, Defends Agency
Yet another Real Housewives of Atlanta star is coming under accusation for fraud. When we thought Phaedra Parks and her cunning husband, Apollo Nida, were the biggest schemers on the show, former model Cynthia Bailey is now in the hot seat.…
Kevin Trudeau: Prosecutors Want 10-Year Sentence
Kevin Trudeau, the TV pitchman known for touting his book The Weight Loss Cure They Don’t Want You to Know About could face 10 years in prison if prosecutors have their way. Convicted back in November for criminal contempt, he…
Kevin Trudeau: Prosecutors Want Him To Serve At Least 10 Years In Jail
Kevin Trudeau, a fraud and infomercial host, was convicted of lying in infomercials about subjects tackled in his book regarding food and calorie restrictions. Trudeau has been in jail since November 12 of last year. The Federal Trade Commission has…
Identity Theft is Top Complaint of Consumers in 2013
Each year, the Federal Trade Commission collects data on consumer complaints and analyzes said data in order to improve consumer experiences in the United States. And for the 14th consecutive year, identity theft tops the charts as the most reported…
Google Acquires Spider.io To Get Better At Fighting Ad Fraud
Google announced on Friday that it has acquired spider.io, an ad fraud-fighting technology company. Google will include this technology in its video and display ad products as a complement to measures it has already taken. Google VP of Display Advertising…
Sara Ylen Fakes Cervical Cancer, Sentenced to One Year for Fraud
On Wednesday, a 38-year-old Michigan woman was sentenced to one year in prison for money fraud against a healthcare insurance company and generous local supporters. Sara Ylen of Lexington, Mich., accepted thousands of dollars in donations for years by publicizing…
Vector Settles Inflated Navy Contract Claims For $6.5 Million
The U.S. Department of Justice today announced yet another settlement for a military contractor caught inflating or falsifying U.S. military contract claims. Vector Planning and Services Inc. (VPSI), an IT and consulting firm based in Virginia today agreed to pay…