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Jury Convicts Florida Woman Who Ran Bizarre Ponzi And Fraud Scheme With Husband; Marian I. Morgan Guilty On All 22 Counts, Including Wire Fraud And Money-Laundering
A 57-year-old Florida woman who ducked out of the United States with her husband after becoming implicated in a $28 million HYIP/prime-bank swindle has been found guilty of wire fraud, money-laundering, conspiracy, interstate/foreign transportation of stolen funds and tax crimes, U.S. Attorney Robert E. O’Neill of the Middle District of Florida announced. The investigation into the…
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BULLETIN: FLORIDA — AGAIN: CFTC Says Civil, Criminal Charges Filed Against Miami Resident Oscar Hernandez In Alleged Commodity-Pool Ponzi Scheme In Which A Customer Was Check-Waving Cheerleader
BULLETIN: Civil and criminal charges were filed in Florida today against Miami resident Oscar Hernandez, amid allegations he was operating a $3 million Ponzi scheme through Midway Trading Company LLC and Conquest Investment Group Inc., the CFTC said. The office of U.S. Attorney Wifredo A. Ferrer of the Southern District Of Florida said Hernandez has…
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BULLETIN: Church Pastor (And Recidivist Felon) Charged In Alleged Mortgage-Fraud Caper; Michael Wilkerson Accused Of Recruiting Congregants To Dupe Bank In $6 Million Scheme
BULLETIN: A church pastor, his wife and two real-estate brokers have been charged in an elaborate mortgage-fraud caper in which congregants allegedly were recruited as “straw purchasers” in a scheme that led to a patch of foreclosures and cost Chase Manhattan Bank $3 million. Pastor Michael Wilkerson presided over New Life Millennium Life Restoration Fellowship…
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FTC: Spammer/Scammer Who Sent ‘Mind-Boggling’ Number Of Text Messages And Traded On Name Of Government Hit With Judgment, Ban
Phillip A. Flora of Huntington Beach, Calif., caused cell-phone bills to rise when he sent millions of unsolicited text messages. Flora sent at least 5 million such messages, a number the FTC described as mind-boggling when it sued him in February for violating the CAN-SPAM Act and the FTC Act. But spam was only part…
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BULLETIN: Full Tilt Poker’s License Revoked By Alderney Gambling Control Commission In Wake Of U.S. Ponzi Allegations
BULLETIN: Just days after federal prosecutors in the United States alleged that Full Tilt Poker was operating a global Ponzi scheme, the Alderney Gambling Control Commission (AGCC) has revoked Full Tilt’s License. AGCC is the e-gaming regulator of the British Channel Islands. “At a hearing held in London over six days, it emerged that FTP…
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BULLETIN: SEC Says Utah Scammers Funneled Money To 2 Ponzi Schemes; Christopher A. Seeley, Justin G. Dickson Accused Of Conducting Offering Fraud That Raised Millions
BULLETIN: The SEC has gone to federal court to accuse two Utah men of conducting a $7.9 million offering fraud in which money that flowed from investors was used to prop up two Ponzi schemes. Named defendants were Christopher A. Seeley, 36, of Herriman, and Justin G. Dickson, 35, of Salt Lake City. The offering…
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BULLETIN: CFTC Charges 5 Florida Residents And Mexican National In Alleged Forex Scheme With Tentacles In Panama; Scheme Was Promoted On MoneyMakerGroup, TalkGold Ponzi Forums
BULLETIN: The CFTC has gone to federal court in Florida, charging a company and six individuals in an alleged international Forex and commodities fraud scheme that gathered at least $1.7 million and bilked residents of Florida, California and Puerto Rico. Charged in the case were Alpha Trade Group S.A. (ATG), which also is known as…
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BULLETIN: 4 Arrested In Alleged $200 Million International Swindle; Raids Carried Out In Europe, United States
BULLETIN: Authorities in Europe and the United States have carried out raids that resulted in the arrests of four individuals and the seizure of property in an alleged international Ponzi scheme involving bogus insurance investments and $200 million, the Public Prosecution Office of the Netherlands (Openbaar Ministerie) said. The case involves a company known as…
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