Fraud and false statements news and stories by mail.com

Fraud and false statements

Nigeria lawmaker charged over alleged bribery
A Nigerian lawmaker who led a probe into the nation's fuel subsidy program that saw billions of dollars lost through fraud has been charged with ...
Spanish economy minister to testify in bank probe
Spain's Economy Minister Luis de Guindos has been called by the National Court to testify in a probe into alleged fraud at one of the country's major ...
Pfizer disputes suit claiming Zoloft doesn't work
The maker of Zoloft is being sued in an unusual case alleging the popular antidepressant has no more benefit than a dummy pill and that patients who ...
Victims jockey to maximize refunds in PFGBest case
The judge overseeing the bankruptcy of an Iowa brokerage is facing an unusual decision about how to distribute its remaining assets: Should customers ...
Former activist gets prison in Calif. for fraud
A former social activist convicted of defrauding a California charity backed by celebrities Danny Glover and Harry Belafonte was sentenced Tuesday to ...
Ex-Michigan justice pleads guilty to bank fraud
A former Michigan Supreme Court justice pleaded guilty to bank fraud Tuesday for concealing assets, including a Florida home she and her husband ...
Former trader charged with defrauding bailout fund
A former managing director of an investment bank was arrested Monday on charges he defrauded investment funds the Department of Treasury established ...
Fraud concerns linger over new Ill. license law
As Illinois becomes the fourth and most populous state to give illegal immigrants permission to drive, nagging concerns remain about whether there are ...
Somali government arrests 3 over scholarship fraud
Three officials have been arrested for mismanaging a scholarship scheme that sends Somali students to Turkey, Somalia's education minister said ...
Frontman for LA band charged with $6M loan fraud
Robert Mawhinney gave the appearance that his fledgling band, Lights Over Paris, was successful. He enlisted rapper The Game for one of his videos, ...
Former NFL kicker Erxleben charged with fraud
Former Texas All-American and NFL kicker and punter Russell Erxleben, who previously served a federal prison sentence for securities fraud, was ...
Top white-collar crime prosecutor to lead SEC
President Barack Obama on Thursday nominated Mary Jo White, a former U.S. attorney who built a reputation prosecuting white-collar criminals, ...
Feds: 3 nabbed for widespread Gozi computer virus
A computer virus that spread to more than a million computers worldwide, including some at NASA, and produced at least $50 million in illegal profits ...
Ex-Stanford executive gets 5 years in $7B swindle
The star prosecution witness at the fraud trial of Texas financier R. Allen Stanford expressed remorse Tuesday before being sentenced to five years ...
Legal fight over calming technique lacks harmony
The followers of a meditation practice that has roots in ancient India say it's simple: Close your eyes, silently repeat a mantra and relax. But a ...
High court may block Stanford investor lawsuits
The Supreme Court agreed Friday to hear an appeal that seeks to shut down class-action lawsuits from investors who lost billions in a massive Ponzi ...
Court refuses to halt Berlusconi fraud appeal
A Milan court has refused to halt ex-Premier Silvio Berlusconi's fraud appeal until after national elections. The court ruled that the hearings, which ...
Tax fraud a popular pastime among prison inmates
Tax fraud appears to be a popular pastime in the nation's prisons, but the Internal Revenue Service is catching on. The IRS detected more than 173,000 ...
Cleveland Clinic nurse accused of murder-hire plot
An Ohio man hatched a plot to kill a woman he was in a home-ownership dispute with, authorities say, by approaching an emergency room patient at the ...
Former Nortel CEO found not guilty in fraud case
The former chief executive of bankrupt Nortel Networks and two former senior executives were found not guilty Monday of falsifying financial reports ...
UK court orders extradition of Credit Suisse exec
A British court has ruled that a former executive of Credit Suisse can be extradited to the United States to face fraud charges. Officials at ...
Swartz' death fuels debate over computer crime
Internet freedom activist Aaron Swartz, who was found dead in his Brooklyn apartment Friday, struggled for years against a legal system that he felt ...
Court seems skeptical about gov't extension
The Supreme Court seemed skeptical Tuesday about government claims that it should be allowed more time to sue some fund executives for securities ...
India paying welfare directly, aiming to end fraud
India will pay billions of dollars in social welfare money directly to its poor under a new program that aims to cut out the middlemen blamed for the ...
Former Israeli chief rabbi indicted for fraud
Israeli authorities have indicted a former chief rabbi of the country on charges of fraud and breach of trust. Eliahu Bakshi-Doron was charged Monday ...