More Fraud
We've all read about Madoff and his guilty plea this week to 11 felony counts. But there's a lot of others out there who are committing fraud. Here are just a a few.
Former INS District Director Roy M. Bailey was sentenced for accepting cash and other items of value from numerous individuals who were seeking immigration benefits for themselves, relatives, clients and others. Also, he failed to report an employee who stole hundreds of thousands of dollars from immigration detainees.
Yusaf Acar, acting Chief Security Officer of the D.C. Office of the Chief Technology Officer, and Sushil Bansal, former D.C. employee and current President and CEO of Advanced Integrated Technologies Corp., have been charged for their roles in a bribery scheme and money laundering
Congressional Staffer Pleads Guilty to Conspiracy to Commit Honest Services Fraud - Ann Copland admitted to being lobbied by Jack Abramoff and others on matters involving Native Americans and took a variety of official actions beneficial to them. She also admitted accepting items of value in exchange for her actions.
Viken Keuylian, owner of two Lamborghini dealerships, agreed to plead guilty to a scheme to bilk the finance company out of millions of dollars. In connection with the investigation, the FBI has taken into custody 13 Lamborghinis.
Former Hockey Team Owner Charged With Bankruptcy Fraud - Peter Hugh Pocklington, former owner of the Edmonton Oilers, was arrested on charges of bankruptcy fraud for allegedly concealing assets during bankruptcy proceedings.
West Point Graduate Indicted for Money Laundering and Theft of Government Property - Capt. Michael Dung Nguyen was charged with theft of government property, money laundering and structuring financial transactions. While deployed to Iraq, Nguyen stole more than $690,000 from the Commander’s Emergency Response Program
CPA Sentenced in Massive Fraud Against HSBC - Richard Po-Chun Wong was sentenced for defrauding HSBC Business Credit out of approximately $46 million through several elaborate schemes. Through his accounting practice, he prepared false financial documents for his clients, “redid” their books and helped them secure credit lines.
Investment Managers Arrested on Fraud Charges - Paul Greenwood and Stephen Walsh were arrested for securities fraud totaling more than $550 million.
