Archive for January 10th, 2010

‘Professor’ Patrick Moriarty, AdSurfDaily Mainstay, Pleads Guilty In Federal Tax Case; April Sentencing Date Set

'Professor' Patrick Moriarty, AdSurfDaily Mainstay, Pleads Guilty In Federal Tax Case; April Sentencing Date Set

AdSurfDaily mainstay “Professor” Patrick Moriarty has pleaded guilty in federal court in Missouri to filing a false tax return, federal prosecutors said. “The total tax loss admitted by [Moriarty] is $135,697,” prosecutors said. Prosecutors initially brought multiple tax-fraud counts against Moriarty, saying in March 2009 that he had filed false returns for the years 2002, […]

SUNDAY NEWS AND NOTES: South Carolina Ponzi Victims Included Widows, Alzheimer’s Patients, Seniors And Amputee; ‘Shocks The Conscience,’ FINRA Says

SUNDAY NEWS AND NOTES: South Carolina Ponzi Victims Included Widows, Alzheimer's Patients, Seniors And Amputee; 'Shocks The Conscience,' FINRA Says

EDITOR’S NOTE: These briefs are based on information from recent Ponzi or fraud schemes. As noted yesterday and previously, the United States has formed a Financial Fraud Enforcement Task Force. Cases such as the ones below are part of the reason why. SOUTH CAROLINA AND TENNESSEE: Among the more than 30 victims in the Oren […]