Cinnaminson, NJ- Two Florida men have recently pleaded guilty in the Middle District of Florida for defrauding biodiesel buyers in a multi-state racket. Thomas Davanzo and Robert Fedyna employed shell companies to create a system of false credit exchange that led to losses for target biodiesel consumers and
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Cinnaminson, NJ- The Department of Justice (DOJ) and Immigration and Customs Enforcement (ICE) has announced over forty-five US arrests of international fugitives following launch of second Project Red. The joint initiative aims to find and arrest individuals with Interpol Red Notices hiding in the United States- an Interpol Red Notice is
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Cinnaminson, NJ- An Ohio couple has been convicted for human trafficking in an operation that exploited Guatemalan migrant workers. Potential farmhands, some as young as 14, were coerced by Aroldo Castillo-Serrano, 33, and Ana Angelica Pedro-Juan, 22, to work on their egg farm in turn for livable pay
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Cinnaminson, NJ- Michael Stock and John Stovall Jr., Georgia real estate investors, pleaded guilty in the district court of the Northern District of Georgia to bid rigging and fraud in public auctions. Exposing a systematic scheme to defraud the housing market, Stock and Stovall explained that they,
Read more →Cinnaminson, NJ- The all-encompassing Fat Leonard scandal develops further every day, this time with a Department of Defense civilian stepping forward in the case. Paul Simpkins, a 61 year old of Haymarket, VA and contractor in the DoD, pleaded guilty to supervising the officers responsible for awarding contracts to
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Cinnaminson, NJ- Following an SEC investigation, Merrill Lynch has agreed to pay $415 million in fines and damages for transgressions against the SEC Customer Protection Rule. Merrill Lynch entered complex options trades that falsely reduced the required deposit of customer cash, freeing up billions of reserve dollars to be used for unreported
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Cinnaminson, NJ- From 2002 to 2009, Michele Bergantino, 48 and a resident of Switzerland, has confessed to have aided Swiss tax service Credit Suisse in operating a large scale racket to defraud the united states. The agency would hide assets in secret swiss bank accounts to dodge income
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Cinnaminson, NJ- Analogic Corp, a Massachusetts-based medical technology company, has recently come under investigation for FCPA violations and, following exposure, has since agreed to pay $14.8 million in damages. The company’s ill practices were revealed by their Danish subsidiary, BK Medical ApS, who entered a NPA with the DOJ,
Read more →Cinnaminson, NJ- From 2005-2008, Charles W Parker, 49, ran a tax refund racket with Idaho tax preparer, Penny Jones, 65, that earned over $7.7 million in fraudulent returns. Parker was tasked with gathering financial information for potential customers, whose taxes were then falsely filed by Jones, earning the
Read more →Cinnaminson, NJ- Following allegations of filing false tax returns, Demetrius Scott of Orlando, a franchise owner of a LBS Tax Services chain location, is now banned from preparing tax returns in the state of Florida. Per Middle District of Florida court ruling, Scott and his company were
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