Financial crimes may involve fraud, embezzlement, money laundering, bribery, or other types of illegal activity that involve financial transactions.
Former Florida prep school administrator Mark Riddell, who was paid to take college entrance exams for wealthy students seeking admission to elite universities, faces sentencing in Boston federal court. More
April 8, 2022
A New Jersey man who conspired with his then-girlfriend to cook up a feel-good story about a helpful homeless man and then used the lie to raise hundreds of thousands of dollars in donations online was sentenced in federal court Friday to more than two years in prison. More
April 4, 2022
Theranos CEO Elizabeth Holmes loomed over opening day of a trial that will determine whether jilted lover and former business partner Ramesh "Sunny" Balwani was also her partner in crime. More
March 22, 2022
An indictment made public Wednesday accuses Cory Fleming of working with Murdaugh to defraud the sons of Gloria Satterfield. More
March 16, 2022
BOSTON (AP) — A former Staples Inc. executive convicted of trying to bribe his three children’s way into elite universities was sentenced to serve 15 months in federal prison on Wednesday, the longest sentence so far handed down in the sprawling college admissions bribery scandal. More
February 16, 2022
A federal judge on Monday agreed to delay once again the sentencing of a former Florida tax collector, whose arrest led to a probe of U.S. Rep. Matt Gaetz, so that he can continue cooperating with federal prosecutors. More
February 14, 2022
A former casino executive who was one of just two parents to go to trial in the sprawling college admissions bribery scandal was sentenced Wednesday to serve one year and one day in federal prison, the stiffest sentence so far handed down in the case, federal prosecutors said. More
February 9, 2022
Michael Avenatti was convicted Friday of charges he cheated the porn actor Stormy Daniels out of nearly $300,000 she was supposed to get for writing a book about an alleged tryst with former president Donald Trump. More
February 4, 2022
The note began: “We have one juror who is refusing to look at evidence and is acting on a feeling.” More
February 4, 2022
The jury deliberating the fate of Michael Avenatti on criminal charges that he ripped off his star client, Stormy Daniels, told a judge on Thursday that it is deadlocked on the first of two counts. More
February 3, 2022
A major Florida player in a medical device scheme was sentenced to 15 years in federal prison, a significant sentence in the world of health care fraud in Florida. During the federal hearing held over Zoom on Wednesday morning, Patsy Joseph Truglia, 54, of Broward County offered remorse, telling the federal judge he was "truly and deeply sorry and selfish" when he committed his crimes. More
February 2, 2022
A prosecutor told jurors Wednesday in a trial's closing arguments that California lawyer Michael Avenatti told repeated lies to porn actor Stormy Daniels in 2018 to hide his theft of her book proceeds. More
February 2, 2022
Michael Avenatti said Tuesday that he will not testify at his trial on charges that he cheated porn actor Stormy Daniels out of nearly $300,000 in book proceeds. More
February 1, 2022
Michael Avenatti wavered Monday when asked whether he plans to take the witness stand in his own defense at a fraud trial in which he's accused of stealing $300,000 in book proceeds from porn actor Stormy Daniels. More
January 31, 2022
Michael Avenatti sought Friday at his fraud trial to portray his former client Stormy Daniels as someone who might be delusional as he questioned the porn actor about her belief that her house was once haunted by ghosts. More
January 28, 2022
Florida man has pleaded guilty to using his twin brother's stolen identity to obtain tens of thousands of dollars in military veterans benefits. Wayne Bowen, 64, of Jacksonville, pleaded guilty Wednesday to aggravated identity theft in Jacksonville federal court, according to court records. He faces a mandatory two years in federal prison. He must also pay $63,773 in restitution as part of his plea agreement. More
January 28, 2022
Stormy Daniels took her star turn on the witness stand Thursday at California lawyer Michael Avenatti's trial, telling a jury Avenatti "stole from me and lied to me." More
January 27, 2022
Michael Avenatti jumped at the chance to represent porn star Stormy Daniels in 2018, saying he'd do it for a dollar, another California attorney testified Wednesday at Avenatti's criminal trial. More
January 26, 2022
In opening statements Monday, Avenatti attorney Andrew Dalack said Avenatti had an agreement with Daniels, whose real name is Stephanie Clifford, to share proceeds of any book deal. More
January 25, 2022
Avenatti has insisted he is innocent of wire fraud and aggravated identify theft charges and his lawyers say he is likely to testify during the trial in Manhattan federal court. More
January 24, 2022
The 23 new charges issued by the state grand jury covered new victims, but similar schemes, prosecutors said. More
January 21, 2022
Michael Avenatti, the once high-profile California attorney who regularly taunted then-President Donald Trump during frequent television appearances, was introduced Thursday to prospective jurors who will decide whether he cheated porn star Stormy Daniels out of book-deal proceeds. More
January 20, 2022
A Rhode Island man who authorities say fled the U.S. and faked his death to evade prosecution for rape and financial fraud has been arrested after skipping his court date in Scotland, police said Thursday. Police in Scotland said officers arrested Nicholas Alahverdian in the Woodlands area of Glasgow after a warrant was issued by the Edinburgh Sheriff Court earlier in the day. More
January 20, 2022
A southeast Missouri woman has been sentenced to three years in prison and ordered to pay $7.5 million in restitution in a Medicaid and Medicare fraud case. A federal judge in St. Louis on Tuesday sentenced 42-year-old Brandy McKay of Cape Girardeau. More
January 20, 2022
The judge presiding over Michael Avenatti's trial on charges he cheated porn star Stormy Daniels of book deal proceeds twice warned prospective jurors Thursday that perjury charges could result if they don't honestly fill out a written questionnaire, after a recent trial verdict was jeopardized by a juror's comments about his questionnaire. More
January 13, 2022
Two former investment executives from Japan have pleaded guilty in Las Vegas to wire fraud in what prosecutors have called a $1.5 billion international Ponzi scheme with 10,000 victims in the U.S. and abroad .Junzo Suzuki and his son, Paul Suzuki, entered their pleas Wednesday in U.S. District Court in a plea deal that has each man facing five years in federal prison and three years of supervised release, according to court records. More
January 6, 2022
A jury has ended the suspense surrounding the fraud trial of former Theranos CEO Elizabeth Holmes by finding her guilty on four of the 11 charges facing her, but some issues in the legal drama remain unresolved. Here's a look at some of the most pressing questions. More
January 4, 2022
New York Attorney General Letitia James recently subpoenaed former President Donald Trump and his two eldest children, demanding their testimony in connection with an ongoing civil investigation into the family's business practices, according to a court filing made public Monday. More
January 3, 2022
A jury convicted Holmes on two counts of wire fraud and two counts of conspiracy to commit fraud after seven days of deliberation. More
January 3, 2022
The hearing transcript has been sealed, leaving the topics that were discussed a mystery. More
December 29, 2021
