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On October 14, 2008, Bob Jones was arrested by the Federal Bureau of Investigation after having been charged under a 37-count indictment in connection with the alleged contract fraud of millions of dollars in government programs.
A North Texas construction contractor was sentenced to five years of probation and three months in jail after pleading guilty to fraud, Parker County District Attorney Jeff Swain announced in a ...
The bank shared its suspicion with U.K. regulators that Madoff was running a Ponzi scheme but failed to mention it to regulators in the United States. Over the next six years, JPMorgan Chase would admit to three more criminal felony counts while keeping the same Chairman and CEO, Jamie Dimon, in place. (ref 1.1) Louisiana Pacific
Upon auditing or inspection, personnel assigned to a no-work job may be falsely justified to the controllers as waiting for work tasks or not being needed "right now." For example: no-show or no-work jobs may be used during illegal activities for scamming a construction project to generate extra payout or to provide alibis.
He showed inspectors tankers of water, with a bit of oil on the surface. When the fraud was exposed, the business collapsed. Herstatt Bank: West Germany: 26 June 1974: Banking: Settlement risk. Counterparty banks did not receive their USD payments, where Herstatt had received DEM earlier, prior to government-forced liquidation. Carrian Group ...
The scheme erased more than $3.3 million worth of debts, Texas authorities said. Woman fakes 133 police reports to erase millions in debts, Texas cops say Skip to main content
By tackling waste and protecting taxpayer resources, this administration could rebuild public trust while saving hundreds of billions of dollars.
The Hobbs Act (enacted 1934), [1] the mail and wire fraud statutes (enacted 1872), including the honest services fraud provision, [2] the Travel Act (enacted 1961), [3] the Racketeer Influenced and Corrupt Organizations Act (RICO) (enacted 1970), [4] and the federal program bribery statute, 18 U.S.C. § 666 (enacted 1984), [5] permit the ...