Us Fraud
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He Promised 15% Returns With Zero Risk. It Was A $60 Million Scam
Paul Regan, a US man, is accused of orchestrating a Ponzi scheme that raised more than $60 million from over 300 investors
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Indian-Origin Financier Mahender Makhijani Used Sex Parties To Defraud US Bank Of $100 Million
According to the US Internal Revenue Service (IRS), Makhijani falsified title insurance records, concealed true lien positions, and used a network of shell companies to mislead a federally insured bank.
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Indian-Origin Brothers Found Guilty In Multi-Million Dollar Fraud In US, Could Face 400 Years In Prison
Prosecutors said the brothers built a network of businesses known as the Savani Group, which generated millions of dollars through these illegal schemes over several years.
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Indian-Origin Former CEO Charged With Fraud In US
Adesh Kumar Tyagi of California is the former CEO, sole director, and majority shareholder of Systems America subsequently renamed Cloudeeva.
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US Postal Employee Steals $1.7 Million From Residents: Report
A US Postal Service worker in Washington, DC, has allegedly stolen around USD 1.7 million from its residents, Wtopnews reported citing a court document.
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Indian-Origin Man In US Jailed For Nearly 4 Years For $1.5 Million Fraud
A 41-year-old Indian-origin man has been sentenced to nearly four years in prison after pleading guilty to possessing false identity documents and operating a $1.5 million fraud scheme.
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US Charges Alleged Fraudster With Fake Celebrity Employees
US prosecutors announced Tuesday criminal fraud charges against a Taiwanese national who spent nearly $3 million in small business loans on a Rolex watch, a Mercedes and other luxury items.
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2 Russians Used Largest Pieces Of Malware Ever, Stole Millions From Banks
U.S. and British law enforcement officials announced charges Thursday against two Russian nationals they believe responsible for separate global hacking schemes that deployed some of the largest pieces of malware ever seen to swipe tens of millions of dollars from the bank accounts of unsuspecting victims.
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3 Indians Charged In Million-Dollar Computer Service Fraud In US
Three Indians have been charged in a million-dollar fraud scheme in the US in which they remotely accessed computers belonging to senior citizens without authorisation, caused the machines to malfunction and lured the victims' into purchasing phony computer repair services.
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Indian-American Allegedly Duped Investors In Space-Related Fraud Scheme
An Indian-American man has been indicted on charges of perpetrating an investment fraud scheme in which he allegedly told investors that their money would be used to fund research and develop prototype spacecraft and space-related propulsion systems but instead used it for personal expenses.
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Indian Used Facebook To Steal $800,000 From 400 People In US, Arrested
An Indian has been arrested in the US on charges of fraud for stealing at least USD 800,000 from more than 400 victims, mostly of Indian descent, through a provisional "credit" scheme.
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Walgreens Agrees to Pay $269 Million to U.S. in Fraud Accord
Walgreens will pay $60 million for overbilling Medicaid by not disclosing lower drug prices it offered in a discount program.
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Indian-Origin Ex-McKinsey Partner Arrested on Fraud Charges in US
An Indian-origin British national, who was a former partner at consulting firm McKinsey & Co, has been arrested here on allegations of fraud amounting to nearly $890,000.
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Indian-American Charged in 1.9 Million Dollar Fraud Scheme
An Indian-American former president of a construction company has been arrested and charged in a USD 1.9 million fraud scheme in which he underpaid dozens of his employees, some of whom were also working illegally.
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Indian-origin man pleads guilty in insider trading case in US
An Indian-origin hedge fund manager in the US has pleaded guilty to his involvement in insider trading schemes and could face up to 20 years in prison.Samir Barai, 39, a portfolio manager at two different New York hedge funds, pleaded guilty before Magistrate Judge Kevin Nathaniel Fox to one count of conspiracy to commit securities fraud and wire f...
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He Promised 15% Returns With Zero Risk. It Was A $60 Million Scam
Paul Regan, a US man, is accused of orchestrating a Ponzi scheme that raised more than $60 million from over 300 investors
-
Indian-Origin Financier Mahender Makhijani Used Sex Parties To Defraud US Bank Of $100 Million
According to the US Internal Revenue Service (IRS), Makhijani falsified title insurance records, concealed true lien positions, and used a network of shell companies to mislead a federally insured bank.
-
Indian-Origin Brothers Found Guilty In Multi-Million Dollar Fraud In US, Could Face 400 Years In Prison
Prosecutors said the brothers built a network of businesses known as the Savani Group, which generated millions of dollars through these illegal schemes over several years.
-
Indian-Origin Former CEO Charged With Fraud In US
Adesh Kumar Tyagi of California is the former CEO, sole director, and majority shareholder of Systems America subsequently renamed Cloudeeva.
-
US Postal Employee Steals $1.7 Million From Residents: Report
A US Postal Service worker in Washington, DC, has allegedly stolen around USD 1.7 million from its residents, Wtopnews reported citing a court document.
-
Indian-Origin Man In US Jailed For Nearly 4 Years For $1.5 Million Fraud
A 41-year-old Indian-origin man has been sentenced to nearly four years in prison after pleading guilty to possessing false identity documents and operating a $1.5 million fraud scheme.
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US Charges Alleged Fraudster With Fake Celebrity Employees
US prosecutors announced Tuesday criminal fraud charges against a Taiwanese national who spent nearly $3 million in small business loans on a Rolex watch, a Mercedes and other luxury items.
-
2 Russians Used Largest Pieces Of Malware Ever, Stole Millions From Banks
U.S. and British law enforcement officials announced charges Thursday against two Russian nationals they believe responsible for separate global hacking schemes that deployed some of the largest pieces of malware ever seen to swipe tens of millions of dollars from the bank accounts of unsuspecting victims.
-
3 Indians Charged In Million-Dollar Computer Service Fraud In US
Three Indians have been charged in a million-dollar fraud scheme in the US in which they remotely accessed computers belonging to senior citizens without authorisation, caused the machines to malfunction and lured the victims' into purchasing phony computer repair services.
-
Indian-American Allegedly Duped Investors In Space-Related Fraud Scheme
An Indian-American man has been indicted on charges of perpetrating an investment fraud scheme in which he allegedly told investors that their money would be used to fund research and develop prototype spacecraft and space-related propulsion systems but instead used it for personal expenses.
-
Indian Used Facebook To Steal $800,000 From 400 People In US, Arrested
An Indian has been arrested in the US on charges of fraud for stealing at least USD 800,000 from more than 400 victims, mostly of Indian descent, through a provisional "credit" scheme.
-
Walgreens Agrees to Pay $269 Million to U.S. in Fraud Accord
Walgreens will pay $60 million for overbilling Medicaid by not disclosing lower drug prices it offered in a discount program.
-
Indian-Origin Ex-McKinsey Partner Arrested on Fraud Charges in US
An Indian-origin British national, who was a former partner at consulting firm McKinsey & Co, has been arrested here on allegations of fraud amounting to nearly $890,000.
-
Indian-American Charged in 1.9 Million Dollar Fraud Scheme
An Indian-American former president of a construction company has been arrested and charged in a USD 1.9 million fraud scheme in which he underpaid dozens of his employees, some of whom were also working illegally.
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Indian-origin man pleads guilty in insider trading case in US
An Indian-origin hedge fund manager in the US has pleaded guilty to his involvement in insider trading schemes and could face up to 20 years in prison.Samir Barai, 39, a portfolio manager at two different New York hedge funds, pleaded guilty before Magistrate Judge Kevin Nathaniel Fox to one count of conspiracy to commit securities fraud and wire f...
