(LONDON) Southwark Crown Court Report: A romance fraudster who conned several women out of thousands of pounds and targeted hundreds more has been jailed for 28 months, following a NCA investigation #AceNewsDesk report

#AceNewsReport – Jan.18: He invented a story claiming to be broke after paying for the funerals of a number of people who had died in a machinery accident: The victim made nine transfers, totalling £9,500, into various accounts held under fake identities, with the money eventually making its way into a personal account held by Aigbonohan.

#AceDailyNews NCA Crown Court Report: Serial romance fraudster jailed after conning women out of nearly £20,000: Osagie Aigbonohan, 41, originally from Lagos, Nigeria, used a number of aliases to contact several women online through dating and social media sites. Of those identified, investigators believe he conned them out of a total of £20,000 and in one case cheated a woman out of nearly £10,000.

Osagie Aigbonohan custody image

Using the name ‘Tony Eden’, Aigbonohan struck up a ten-month relationship with one victim last year via a dating site and persuaded her to lend him money to hire drilling equipment for his overseas business.

Data from Aigbonohan’s phone showed that he also received money from at least eight other victims and had been in contact with over 670 people in total.

One of the women targeted was terminally ill, with Aigbonohan continuing to pursue her even after she had passed away.

Officers from the NCA arrested Aigbonohan in July 2021. He was carrying a false driver’s license at the time and was in the UK illegally, having overstayed his visa from two years ago.

Records showed that despite living in Abbey Wood, London, he’d spent victims’ money in locations across London, Manchester and Glasgow.

Today [14 January] at Southwark Crown Court he was sentenced to 28 months after pleading guilty to charges relating to fraud and money laundering.

Dominic Mugan, NCA Operations Manager, Complex Finance Team said:

“Aigbonohan had no regard for these women. He went to great lengths to gain their trust, fabricating stories to exploit them out of thousands.

“This is a typical pattern of romance fraudsters; they work to build rapport before making such requests. Romance fraud is a crime that affects victims emotionally and financially, and in some cases impacts their families.

“We want to encourage all those who think they’ve been a victim of romance fraud to not feel embarrassed or ashamed but rather report it.”

James Lewis of the CPS said:

Romance fraud is a particularly callous offence, involving exploitation of an individual’s emotional needs and caring qualities, to extract money from them. People should be particularly vigilant over the coming month as we head towards Valentine’s Day and more people seek a partner.

“Aigbonohan demonstrated a cynical disregard for his victims, grooming them with romantic promises before dishonestly persuading them to provide him with financial assistance.

“Thanks to the extensive and thorough investigatory work of the National Crime Agency and the support of the individual victims, the CPS has brought an end to Aigbonohan’s fraudulently activities. Hopefully, this case will serve to act as a deterrent to other romance fraudsters who prey on victims in the same way.”

The NCA advises anyone using dating websites to avoid giving away too many personal details when speaking online to someone you’ve never met in person, as it can lead to your identity being stolen. You should stay on the site’s messaging service until you meet in person; don’t be tempted to switch to other platforms that offer less protection. And most importantly, no matter how long you’ve been speaking to someone online and how much you trust them, if you haven’t met them in person do not send them any money.

If you think you have been a victim of fraud you should report it to ActionFraud.police.uk and follow the advice of the Take Five to Stop Fraud campaign, which offers straight-forward and impartial advice to help people spot scams and protect themselves against fraud.

#AceNewsDesk report ………….Published: Jan.18: 2022:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#court, #fraud, #jailed, #london, #nca, #nigeria

(FLORIDA) Justice Dept Court Report: Lab Owner Pleads Guilty to $6.9 Million Genetic Testing & #COVID19 Testing Fraud Scheme #AceNewsDesk report

#AceNewsReport – Jan.15: The FBI’s Miami Field Office and HHS-OIG are investigating the case: Trial Attorneys Jamie de Boer and Dermot Lynch of the Criminal Division’s Fraud Section are prosecuting the case.

#AceDailyNews DOJ Court Report: A Florida man pleaded guilty today in the Southern District of Florida to a $6.9 million conspiracy to defraud Medicare by paying kickbacks and bribes to obtain doctors’ orders for medically unnecessary lab tests that were then billed to Medicare. The defendant exploited the #COVID19 #pandemic by bundling #COVID19 testing with other forms of testing that patients did not need, including genetic testing and tests for rare respiratory pathogens.

According to court documents, Christopher Licata, 45, of Delray Beach, admitted that, as owner of Boca Toxicology LLC (dba Lab Dynamics), he bribed patient brokers who would refer Medicare beneficiaries and doctors’ orders authorizing medically unnecessary genetic testing to Licata’s laboratory.

Licata and these patient brokers entered into sham agreements to disguise the true purpose of these payments. Once the COVID-19 pandemic began, Licata exploited patients’ fears of COVID-19 by bundling COVID-19 tests with more expensive, medically unnecessary testing, including respiratory pathogen panel testing and, at times, genetic testing for cardiovascular diseases, cancer, diabetes, obesity, Parkinson’s, Alzheimer’s and dementia. In total, Licata caused his laboratory to submit over $6.9 million in false and fraudulent claims to Medicare for these medically unnecessary tests.

Licata pleaded guilty to one count of conspiring to commit health care fraud. He is scheduled to be sentenced on March 24 and faces a maximum penalty of 10 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division; Special Agent in Charge George L. Piro of the FBI’s Miami Field Office; and Special Agent in Charge Omar Pérez Aybar of the U.S. Department of Health and Human Services Office of the Inspector General (HHS-OIG) made the announcement.

In May 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the department in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the department’s  response to the pandemic, please visit https://www.justice.gov/coronavirus.

The Fraud Section leads the Health Care Fraud Strike Force. Since its inception in March 2007, the Health Care Fraud Strike Force, which maintains 15 strike forces operating in 24 federal districts, has charged more than 4,600 defendants who have collectively billed federal health care programs and private insurers for approximately $23 billion. In addition, the HHS Centers for Medicare and Medicaid Services, working in conjunction with the HHS-OIG, are taking steps to increase accountability and decrease the presence of fraudulent providers.

Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

#AceNewsDesk report ………..Published: Jan.14: 2022:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#conspiracy, #doj, #florida, #fraud, #guilty, #medicare

(NEW JERSEY) SEC REPORT: Charges Additional Defendant in Phony Certificates of Deposit Scam #AceNewsDesk report

#AceNewsReport – Jan.06: The U.S. Attorney’s Office for the District of New Jersey today announced that Giltman pled guilty in a parallel criminal case.

#AceDailyNews SEC REPORT: Charges Allen C. Giltman, a former registered investment professional, with allegedly participating in a long-running fraudulent scheme to lure investors into buying fictitious certificates of deposit (CDs). The scheme resulted in victims, primarily older adults investing their retirement savings, losing at least $40 million.

In March 2020, the SEC charged another alleged participant in the scheme, Denis Sotnikov.

According to the SEC’s complaint, Giltman purchased internet ads targeting investors searching for CDs with high interest rates. The ads allegedly included links to phony websites Giltman helped create, many of which mimicked those of existing financial institutions, in order to offer investors fictitious CDs, which the websites falsely claimed were FDIC-insured. As alleged in the SEC’s complaint, when investors called the phone numbers listed on the websites, Giltman impersonated registered representatives at the legitimate firms and instructed victims to wire funds to domestic or foreign bank accounts, purportedly to purchase the CDs. The SEC alleges that investor funds were then misappropriated as part of the scheme, with Giltman receiving a portion of the funds. The SEC also alleges that Giltman used a variety of methods to evade detection, including attempting to anonymize his digital footprint by using the identities of victims to register for online services used in the scheme.

“Protecting retirees and older adults reliant on their investments is one of the most important missions of the Commission,” said Anita B. Bandy, Associate Director of the SEC’s Division of Enforcement. “We will continue to use every tool available to hold bad actors who use elaborate means to avoid detection accountable for preying on U.S. investors.”

The SEC’s complaint, filed in the U.S. District Court for the District of New Jersey, charges Giltman with violating the antifraud provisions of the federal securities laws and seeks permanent injunctive relief, the return of allegedly ill-gotten gains with prejudgment interest, and a civil penalty. Giltman has consented to permanent and conduct-based injunctions, with monetary relief to be decided later by the court.

The SEC’s investigation was conducted by Elizabeth Doisy and Douglas McAllister, as well as Martin Zerwitz, Deborah Tarasevich, and Paul Kim of the SEC Enforcement Division’s Cyber Unit. Donato Furlano and Peter Rosario assisted with the investigation. The investigation was supervised by Kristina Littman, Chief of the Cyber Unit, and Ms. Bandy. The litigation will be led by James Connor and John Bowers. The SEC appreciates the assistance of the Financial Industry Regulatory Authority.

To learn more about how to protect yourself from fraud, please visit these previously issued SEC investor alerts:

#AceNewsDesk report ………….Published: Jan.06: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#fraud, #investment, #new-jersey, #scam, #sec

(CALIFORNIA) Court Report: Theranos founder Elizabeth Holmes has been convicted of defrauding investors after a months-long landmark trial #AceNewsDesk report

#AceNewsReport – Jan.05: Jurors found Holmes guilty of four charges, including conspiracy to commit fraud against investors and three counts of wire fraud: She denied the charges, which carry a maximum prison term of 20 years each.

#AceDailyNews Court Report: Tech Billionaire Elizabeth Holmes & Theranos founder convicted of ‘Wire Fraud’ Prosecutors said Holmes knowingly lied about technology she said could detect diseases with a few drops of blood.

Elizabeth Holmes wearing a mask leaves court with partner and family
Holmes (centre) remains on bail before sentencing at a later date

Holmes was not taken into custody, with no date confirmed yet for sentencing and a further hearing scheduled next week.

She faced 11 charges in total and was found not guilty of four charges relating to defrauding the public. 

The split verdict came after the judge said the jury, having deliberated for seven days, could deliver a partial verdict after being unable to reach consensus on another three counts.

Theranos, at one point valued at $9bn (£6.5bn), was once the darling of Silicon Valley.

The firm promised it would revolutionise the healthcare industry, but its claims began to unravel in 2015 after a Wall Street Journal investigation reported that its core blood-testing technology did not work. 

For nearly four months at trial, the jury of eight men and four women were presented with two starkly different accounts of the former self-made billionaire, whose downfall shook Silicon Valley.

Calling some 30 witnesses, the prosecution sought to prove that Holmes knew the product she was selling to investors was a sham, but remained hell-bent on the firm’s success. 

At trial, multiple lab directors testified that they told Holmes about the flaws in Theranos’ technology but were instructed to downplay their concerns. At the same time, they said, Holmes told investors the technology was operating as planned. 

Holmes “chose fraud over business failure. She chose to be dishonest with investors and patients”, said prosecutor Jeff Schenk in closing arguments. “That choice was not only callous, it was criminal.” 

The defence countered with descriptions of a dedicated and driven businesswoman, making waves in a male-dominated industry. 

The rise and fall of Elizabeth Holmes

Testifying in her own defence, Holmes acknowledged mistakes in Theranos’ operation, but maintained she never knowingly defrauded patients or investors

The defence also laid blame on Ramesh “Sunny” Balwani, Holmes’ former business partner and long-term boyfriend. 

At trial Holmes accused Mr Balwani, 19 years her senior, of emotional and sexual abuse – allegations he denies. 

Reverberations for Silicon Valley

Elizabeth Holmes claimed her diagnostics machines could test hundreds of diseases. They couldn’t. 

Considering she was the founder and CEO of Theranos you might think the case would be an easy win for the prosecution. But for a number of reasons the guilty verdicts were by no means assured. 

These technical fraud cases are extremely difficult to prosecute. Jurors were asked to consider hundreds of documents and sit through evidence from dozens of witnesses. 

Holmes has just had a baby and some commentators believed she would strike a sympathetic character. 

The difficulty in successfully prosecuting Holmes is reflected in the verdicts – a real mixed bag of decisions from the jury. 

But considering how difficult white-collar fraud cases are to prosecute, the government will be happy with what stuck. 

Her former partner, Sunny Balwani, will now face trial next month in the same court for similar charges. It’s likely Holmes will not be sentenced until after that case has concluded. 

The verdict sends a clear and frank message to Silicon Valley founders – there are consequences when you say things to investors that aren’t true.

US Attorney Stephanie Hinds thanked the jurors, who she said had navigated a “complex case” over 15 weeks to reach their verdict. 

“The guilty verdicts, in this case, reflect Ms Holmes’ culpability in this large-scale investor fraud and she must now face sentencing for her crimes,” the prosecutor said in a statement read out by an assistant.

Holmes founded Theranos as a teenager, shortly after dropping out of chemical engineering at Stanford University. 

She was able to raise more than $900m from billionaires such as media magnate Rupert Murdoch and tech mogul Larry Ellison.

The firm officially ceased operations in 2018 following the scandal.

#AceNewsDesk report …………Published: Jan.05: 2022:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#california, #court, #fraud, #silicon-valley, #technolgy

(LONDON) NCA REPORT: Secures assets worth an estimated £1.1 million, after an NCA tax investigation into a Derby man revealed that his family run business had avoided paying tax for 18 years, on profits suspected of being linked to drugs and other criminal activity #AceNewsDesk report

#AceNewsReport – Dec.28: This investigation determined that Mr Persico received rental and other income from industrial units at 555 Osmaston Road, Derby and that a total of £1,135,857.82 of unpaid income tax, National Insurance payments, interest and penalties was payable for the tax years 1996/1997 to 2013/2014. Mr Persico did not respond to the NCA’s claim and, on 1 November 2017, the NCA obtained a default judgment from the Court.

#AceDailyNews NCA Report: Tonino (otherwise known as Tony) Persico, 58, of the Sinfin area in Derby, and members of the wider Persico family, operated ice cream vans and rented industrial units on Osmaston Road: A Derbyshire Police investigation looked at the family of Mr Persico after suspicions were raised about links to drugs, fraud and money laundering, which resulted in the conviction of his sister for conspiracy to produce cannabis in 2013.

Acting on the suspicion that significant income had been generated through criminal conduct, the NCA adopted the functions of HMRC to investigate:

In the absence of any payment of the judgment from Mr Persico, the NCA applied to the High Court to enforce the debt against assets believed to belong to him. This was despite the fact that ownership of those assets involved various complex ownership structures. One such company was Osmaston Business Park Ltd, which Mr Persico’s niece became the sole shareholder of at the age of 16. In the High Court the NCA alleged that Osmaston Business Park Ltd was, in fact, owned by her uncle, Mr Persico.

On 21 December 2021, the High Court handed down its judgment in this matter and granted the NCA a final charging order over the property located at 555 Osmaston Road.

In her judgment, Mrs Justice Foster DBE stated that the case fell fair and square into the “concealment” category, that the true beneficial owner of the property was Tony Persico and she granted the Charging Order over the property in satisfaction of the tax debt. The NCA has already previously obtained Charging Orders over three other properties located at 555 Osmaston Road in which Mr Persico held an interest, in satisfaction of his tax debt.

#AceNewsDesk report ………….Published: Dec.28: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#fraud, #london, #money-laundering, #nca

(EXETER, U.K.) Crown Court Report: A fraudster has been imprisoned on (13 December 2021) for duping a victim out of nearly £400,000 in a payment recovery fraud #AceNewsDesk report

#AceNewsReport – Dec.16: A fraudster has been imprisoned today (13 December 2021) for duping a victim out of nearly £400,000 in a payment recovery fraud…..

#AceDailyNews Court Report: The Devon and Cornwall police investigation and CPS prosecution demonstrated that Okunoren gained the trust of the victim and deceived them, by falsely claiming that he worked for a company called TMT investments, which was in fact a sham. The victim had originally lost money from a previous wine investment scheme which had not come to fruition.

Emmanuel Okunoren

COURT CASE NOTES:

The defendant identified the victim from this previous investment attempt and exploited his desire to recover his “lost” cases of wine. Okunoren falsely claimed that TMT Investments was able to retrieve the wine from where it was being stored and persuaded the victim that this could be done if significant administration fees and costs were met. As a result, between May 2020 and October 2020, the victim transferred a total of £399,334 to TMT investments in an effort to unlock these problems.

This was a well organised and sophisticated fraud as the victim was duped into making payments to a number of different bank accounts. The money was quickly dissipated either as cash withdrawals or onward transactions. No wine was never recovered.

Okunoren had an unexplained lavish lifestyle funded through cash. HMRC have no records of any legitimate earnings or declared income for him, over preceding years but the police recovered from his flat high-value designer goods such as Rolex watches, thousands of pounds in cash and evidence of substantial spending at Harrods and a holiday to Dubai.

Julie Snell of the CPS said:

” Okunoren gained the trust of the victim through a web of lies and deceptions and cynically exploited the vulnerability arising from the victim’s previous losses to an earlier wine investment scheme.

“In reality the defendant did not work for TMT Investment and his claims were nothing more than an elaborate sham to extract as much money as he could from the victim.”

The CPS is committed to working alongside the government and law enforcement to provide a multi-agency response to combat investment fraud.  CPS prosecutors work to seek justice in a variety of cases including those that cause the greatest harm to the public especially vulnerable victims.

Additional Notes:

  • Julie Snell is a Specialist Prosecutor for the CPS Specialist Fraud Division.
  • The Specialist Fraud Division is a dedicated CPS team playing a leading role in the fight against serious and complex economic crime and the financial exploitation of the public, using specialist legal expertise to deliver justice.
  • The CPS Economic Crime Strategy is available on our website.
  • Emmanuel Okunoren (DOB:26/07/94) received a four and half years custodial sentence for fraud by false representation at Exeter Crown Court on Monday 13 December 2021.

#AceNewsDesk report ………….Published: Dec.16: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#court, #cps, #devon-and-cornwall, #exeter, #fraud, #prosecution, #uk

(WASHINGTON) Justice Dept Court Report: Georgia Woman Pleads Guilty to Promoting Nationwide Tax Fraud Scheme #AceNewsDesk report

#AceNewsReport – Dec.14: A Georgia woman pleaded guilty today to conspiring to defraud the United States by promoting a nationwide tax fraud scheme and preparing false tax returns for the scheme’s participants.

#AceDailyNews DOJ Court Report: According to court documents, Yomarie Febres, 47, of Covington, prepared 77 false income tax returns that collectively sought more than $23.8 million in tax refunds from the IRS. Between 2014 and 2016

Febres’s co-conspirators held seminars throughout the country where they promoted the scheme and recruited clients to file false tax returns with the IRS by convincing them that their mortgages and other debts entitled them to tax refunds. Information was then collected from clients and provided to Febres for use in the preparation of false tax returns.

The tax returns Febres prepared falsely claimed that banks and other financial institutions had withheld large amounts of income taxes from the clients, which entitled the clients to refunds. In reality, the financial institutions had not paid any income to or withheld any taxes from the clients. The false tax returns Febres prepared caused the IRS to pay out more than $15 million in fraudulent refunds to scheme participants. Febres concealed her role in the scheme by falsely reporting that all of the returns were “self-prepared,” when, in fact, she had created them.

As part of her plea, Febres admitted that her co-conspirators charged clients approximately $10,000 to $15,000 in fees to participate in the scheme. A portion of the fee – typically $500 per client – was paid to Febres for each tax return she prepared. Febres further admitted that she did not report on her 2014 and 2015 income tax returns the income she received for preparing these false returns. She also admitted to claiming false business losses on her personal tax returns.

Febres is scheduled to be sentenced at a later date. She faces a maximum penalty of five years in prison for conspiring to defraud the United States and three years in prison for aiding and assisting in the preparation of false tax returns. Febres also faces a period of supervised release, restitution and monetary penalties. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

Several of Febres’s co-conspirators are scheduled to go to trial in January 2022.

Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and Acting U.S. Attorney Karin Hoppmann for the Middle District of Florida made the announcement.

IRS-Criminal Investigation is investigating the case.

Trial Attorneys Melissa S. Siskind, Kavitha Bondada and Isaiah Boyd III of the Justice Department’s Tax Division and Assistant U.S. Attorney Chauncey A. Bratt of the U.S. Attorney’s Office for the Middle District of Florida are prosecuting the case.

#AceNewsDesk report …………..Published: Dec.14: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#court, #doj, #fraud, #guilty, #tax, #washington

(HOUSTON) Justice Court Report: Fugitive Extradited from Cameroon to the United States to Serve 80 Year Prison Sentence #AceNewsDesk report

#AceNewsReport – Dec.14: According to court documents, in November 2016, Ebong Aloysius Tilong, 57, of Sugar Land, Texas, and his wife, Marie Neba, went to trial on the conspiracy, health care fraud, and money laundering charges. The trial evidence and court documents showed that between 2006 and 2015, Tilong, Neba, and their co-conspirators used Tilong and Neba’s company, Fiango Home Healthcare Inc. (Fiango), to corruptly obtain more than $13 million by submitting false and fraudulent claims to Medicare for home health care services that Fiango’s patients did not need or receive.

#AceDailyNews DOJ Court Report: In the first extradition from the Republic of Cameroon to the United States, a Texas man was extradited to Houston on Friday to serve an 80-year prison sentence he received in absentia four years ago after he pleaded guilty in two separate cases to conspiracy, health care fraud, money laundering, and tax offenses….

The trial evidence and court documents also showed that Tilong and Neba paid illegal kickbacks to patient recruiters to refer patients to Fiango, and that Tilong falsified and directed others to falsify medical records to make it appear as though Fiango’s patients met the Medicare qualifications for home health care. Additional evidence demonstrated that Tilong attempted to destroy evidence and blackmail and suborn perjury from witnesses. After the first week of trial, Tilong pleaded guilty to one count of conspiracy to commit health care fraud, three counts of health care fraud, one count of conspiracy to pay and receive health care kickbacks, three counts of payment and receipt of health care kickbacks, and one count of conspiracy to launder monetary instruments.

In June 2017, Tilong pleaded guilty in a separate case to two counts of filing fraudulent tax returns. In connection with this guilty plea, Tilong admitted that he created a shell company called Quality Therapy Services (QTS) to limit the amount of tax that he paid to the IRS on the proceeds that he and his co-conspirators stole from Medicare. According to Tilong’s plea agreement, in 2013 and 2014, Tilong wrote almost $1 million in checks from Fiango to QTS for physical-therapy services that QTS never provided to Fiango’s patients and deducted as business expenses. Tilong admitted that his tax fraud scheme caused the IRS a tax loss of approximately $344,452.

In August 2017, Neba was sentenced to 75 years in prison the Medicare fraud scheme at Fiango. The U.S. District Court scheduled Tilong’s sentencing for Oct. 13, 2017, but court records show that on the morning of his sentencing hearing, Tilong removed an ankle bracelet monitoring his location and failed to respond to phone calls from, or appear in, the U.S. District Court for his sentencing. On Dec. 8, 2017, the U.S. District Court sentenced Tilong in absentia to 80 years in prison for his role in the Medicare and tax fraud schemes.

After Tilong absconded, the FBI Houston Field Office located Tilong in Cameroon, and worked collaboratively with the FBI Legal Attaché in Abuja, Nigeria, the Department of Health and Human Services Office of Inspector General (HHS-OIG), IRS Criminal Investigation (IRS-CI) Fraud Section, and the Office of the President of the Republic of Cameroon to ensure Tilong’s capture. Prior to his removal from Cameroon, Tilong was wanted by the FBI and listed among HHS-OIG’s Top 10 Most Wanted Fugitives. The National Police Force of Cameroon arrested Tilong in January 2019.

In September 2021, the Republic of Cameroon President Paul Biya signed a decree ordering Tilong’s removal to the United States.

On Dec. 10, 2021, U.S. Marshals escorted Tilong from Cameroon to the United States.

The United States is grateful to the Government of Cameroon for its cooperation and support of this extradition request.

“The successful return of Ebong Tilong demonstrates the department’s commitment to working with our international partners to pursue, capture, and return those who try to defraud the American people,” said Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division. “Thanks to the efforts of our law enforcement partners and their counterparts in Cameroon, Ebong Tilong has been returned to the United States and brought to justice.”

“This successful extradition of Ebong Tilong to serve his 80-year prison sentence is an example of the FBI’s collaboration with our federal and international partners that we hope will deter others from fleeing to avoid prosecution or sentencing,” said Acting Special Agent in Charge Richard A. Collodi of the FBI Houston Field Office. “These partnerships highlight the FBI’s reach as well as its determination to pursue actors anywhere to administer justice.”

“Convicted fraudster and former fugitive Ebong Tilong has been brought to justice in our country, thanks to the tireless efforts of U.S. law enforcement, including our investigators,” said Special Agent in Charge Miranda L. Bennett of HHS-OIG. “Our agency, together with our law enforcement partners, will continue to aggressively pursue those who steal from federal health care programs, wherever they try to hide.”

“IRS-CI is committed to not only investigating and ultimately seeking convictions of individuals who scheme to defraud Medicare, launder proceeds of their illicit transactions, and evade the IRS in paying their taxes, but we’re also committed to assisting in the apprehension and return of criminals who choose to run and hide upon their conviction and sentencing no matter where they go or how long they’ve been gone,” said Assistant Special Agent in Charge Ramsey E. Covington of the IRS-CI Houston Field Office. “We appreciate the efforts of our law enforcement partners and federal prosecutors in ensuring Tilong ultimately begins serving his 80-year sentence in federal prison.”

The Justice Department’s Office of International Affairs, the Regional Security Office of the State Department’s Bureau of Diplomatic Security, and the Consular Section of the U.S. Embassy in Yaoundé provided invaluable assistance in supporting the extradition and coordinating the return of Tilong to the United States.

Trial Attorney Jonathan Baum formerly of the Criminal Division’s Fraud Section (now with the Money Laundering and Asset Recovery Section) and Trial Attorney Andrew Pennebaker of the Fraud Section are prosecuting Tilong’s Medicare and tax fraud cases.

The FBI, HHS-OIG, and IRS-CI conducted the investigation under the supervision of the Criminal Division’s Fraud Section and the U.S. Attorney’s Office of the Southern District of Texas as part of the Medicare Fraud Strike Force. The interagency team combines the resources of federal, state, and local law enforcement entities to prevent and combat health care fraud, waste, and abuse. Strike Force teams have shut down health care fraud schemes around the country, arrested more than a thousand criminals, and recovered millions of taxpayer dollars.

#AceNewsDesk report ……………Published: Dec.14: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#cameroon, #doj, #fraud, #houston

(WASHINGTON) SEC COURT REPORT: Statement on Jury’s Verdict in Trial of Gregory Grenda and the Grenda Group LLC #AceNewsDesk report

#AceNewsReport – Dec.14: Instead, they committed securities fraud by failing to tell their clients that the Commission had barred Grenda’s father, Walter Grenda, from associating with an investment adviser because of his fraudulent conduct at a predecessor firm. Rather than share this important fact with its clients so it could inform their investing decisions, Gregory Grenda and the Grenda Group kept it from them. Today’s verdict underscores that the Commission will take all steps necessary to enforce its orders and protect investors.”

#AceDailyNews Court Report: Says that we are pleased with today’s jury verdict holding investment advisers Gregory Grenda and the Grenda Group, LLC, liable for securities fraud. Investment advisers have a duty to disclose all material information to their clients and today’s verdict makes clear that Gregory Grenda and the Grenda Group did not meet this duty.

  1. # #

More information:

In July 2015, the Commission issued an Order barring Walter Grenda from associating with an investment adviser based on his fraudulent conduct at Reliance Financial Advisors, LLC. Walter Grenda settled the charges against him in this action in 2018 shortly after the Commission filed an action against him. This jury verdict follows the Court’s prior ruling that Gregory Grenda and the Grenda Group violated other provisions of the federal securities laws.

The SEC filed its civil complaint on August 30, 2018: https://www.sec.gov/news/press-release/2018-172

The SEC settled with Walter Grenda on December 20, 2018: https://www.sec.gov/enforce/ia-5080-s

The SEC barred Walter Grenda on July 31, 2015: Reliance Financial Advisors, LLC, et al. (sec.gov)

The Court granted the SEC’s motion for partial summary judgment on May 17, 2021: https://www.sec.gov/files/opinion-order-grenda-20211210.pdf

#AceNewsDesk report ………….Published: Dec.14: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#court, #fraud, #sec, #trial, #washington

(LONDON) Southwark Crown Court Report: A man who used a travel company to make fraudulent financial claims about fictitious holidays he said had been cancelled after the failure of the travel agents has been convicted #AceNewsDesk report

#AceNewsReport – Dec.10: The scam worked by the company withdrawing cash which was then paid into a customer’s account. The customer then transferred the money back to the company electronically, therefore gaining the evidence of a transaction to submit with a claim.

#AceDailyNews Court Report: Final person convicted in long-running travel fraud investigation: Abdul Patel – 59 (01.05.62) of Bury Street, N9 – who posed as a customer of Star and Key Travel – was found guilty of conspiracy to defraud following the conclusion of a trial on Wednesday, 8 December: Patel will be sentenced at the same court on 19 January 2022: This was the last of three linked trials in relation to the fraud…..

COURT CASE NOTES:

The court heard how Patel claimed to have booked a package holiday to Mauritius that he knew didn’t exist through a company called Star and Key Travel. The holiday was supposed to take place between July and August 2014 but the company went bust in June 2014 – the holiday appeared to have been paid in full prior to the company folding.

After the company ceased trading, Patel submitted a claim through the Air Travel Organisers Licensing (ATOL) scheme administered by the Civil Aviation Authority, which offers protection to customers of travel agents who hold Air Travel Organisers Licences and cannot fulfil their obligations.

However, when the claim was submitted – part of a total of 23 claims totalling £268,766 that were put in following Star and Key Travel’s collapse – suspicions were raised by a number of factors. These included a number of the claim forms being overwritten in pen on top of pencil, the surnames of people travelling all being different, the lack of full contact details for a lot of the claimants, and the lack of contact from the various claimants once their applications had been submitted.

The police were called in and quickly identified the key players in the travel firm; family members Mariam Bhajun and her sons Roshan and Mohun Bhajun. All three have been convicted for their role in running the scam.

It transpired that the Bhajuns – all of Mauritian descent – had created Star and Key Travel with the express purpose of committing fraud. They encouraged friends, family and associates to engage in the scheme and pretend to be their ‘customers’. For example, Abdul Patel was their accountant.

The scam worked by the company withdrawing cash which was then paid into a customer’s account. The customer then transferred the money back to the company electronically, therefore gaining the evidence of a transaction to submit with a claim.

Once the money was back in the Star and Key Travel account the process was repeated and cash was withdrawn from the company and paid into another customer’s account before being again transferred back to the company. This process was repeated on numerous occasions and provided the illusion that 23 very expensive holidays had been paid for in full and created an audit trail to support fraudulent claims against the ATOL scheme.

Once police obtained details of the company’s bank account it was revealed that of the approximately £270,000 paid in, £260,000 had been withdrawn in cash – the vast majority of which could be traced to the various accounts of the people who claimed to have ‘paid for holidays’.

Detective Inspector Richard Ward from Holborn Police Station who led the investigation said:

” This was a complex fraud involving a number of people that was established with the sole purpose of defrauding the Air Travel Trust of significant sums of money.

“The painstaking work that has gone into this investigation cannot be done justice in words. But it is fair to say that thanks to the tenacity, dedication and diligence of my team of detectives and with the support of the Civil Aviation Authority, those who set out to commit this fraud have been held to account.

“In addition to the sentences handed down by the court, confiscation proceedings have taken place to ensure that there is no benefit from this crime and compensation could be paid to the Air Travel Trust for the fraudulent claims that had been paid out before this matter was reported to police.”

At the conclusion of the case the Judge Nicola Howard QC commended both DI Ward and his colleague DC Andrea Gornell for the thorough and fair investigation that was carried out into the fraud.

List of those previously convicted for conspiracy to defraud:

  • Roshan Parsad Bhajun – 51 (21.10.70) of Rathbone Place, W1 – found guilty and sentenced on 09.03.18 to five years’ imprisonment;
  • Patricia Lynch – 62 (06.12.59) of Stainby Road, Tottenham – pleaded guilty and sentenced on 28.08.18 to 16 months imprisonment, suspended for 24 months;
  • Mohun Raj Bhajun – 52 (18.07.69) of Priory Avenue, E17 – found guilty and sentenced on 09.03.18 to five years’ imprisonment; Confiscation order £224,483.28 – paid in full 28.06.2019;
  • Mariam Bibi Bhajun – 73 (20.04.48) of Folkestone Road, E17 – found guilty and sentenced on 09.03.18 to 24 months’ imprisonment, suspended for 24 months; Confiscation order £100,000 from which £48,566 was paid as compensation to the Air Travel Trust. Paid in full 04.07.2019.
  • Da’Vanya Monique Duncan – 33 (05.11.88) of Maya Place, N11 – pleaded guilty and sentenced on 09.03.18 to 24 months’ imprisonment, suspended for 24 months;
  • Sandra Edwards – 58 (03.04.63) of Holly Street, E8 – pleaded guilty and sentenced on 09.03.18 to nine months’ imprisonment, suspended for 24 months;
  • Swastee Thomas – 48 (11.11.73) of Holbrook Close, EN1 – pleaded guilty and sentenced on 09.03.18 to eight months’ imprisonment, suspended for 24 months;
  • Claudette Cummings – 59 (29.09.62) of Maya Place, N11 – pleaded guilty and sentenced on 09.03.18 to 20 months’ imprisonment, suspended for 24 months;
  • Malik Hossein Kurrimboccus – 58 (18.10.63) of Glengarry Road, SE22 – found guilty and sentenced on 24.08.18 to 12 months’ imprisonment, suspended for 24 months;
  • Amandine Greneux – 43 (09.10.78) of Rathbone Place, W1 – found guilty and sentenced on 24.08.18 to 24 months’ imprisonment, suspended for 24 months;
  • Tianna Antoinette Regisford – 28 (12.08.93) of Golfe Road, Ilford – found guilty and sentenced on 24.08.18 to 18 months’ imprisonment, suspended for 24 months;
  • Lillieth Edwards – 60 (10.10.61) of Darwin Road, N22 – pleaded guilty and sentenced on 26.02.21 to six months’ imprisonment, suspended for 24 months.

#AceNewsDesk report …………..Published: Dec.10: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#fraud, #london, #sentenced, #southwark, #travel

(LONDON) Southwark Crown Court Report: A romance fraudster who conned a woman out of thousands of pounds and targeted hundreds more has been convicted after a National Crime Agency investigation #AceNewsDesk report

#AceNewsReport – Dec.10: Using the name ‘Tony Eden’, Aigbonohan struck up a ten-month relationship with the victim last year via a dating site and persuaded her to lend him money to buy machinery for his business overseas……

#AceDailyNews reports that a fraudster used dating sites and fake IDs to lure victims into giving him money: Osagie Aigbonohan, 40, originally from Lagos, Nigeria, used a number of aliases to contact women online through dating and social media sites, and in one case cheated a woman out of nearly £10,000.

Individual in question facing forwards

COURT CASE NOTES:

The victim made nine transfers into various accounts held under fake identities, with the money eventually making its way into a personal account held by Aigbonohan, which he used for everyday spending.

Data from Aigbonohan’s phone showed that he also received money from at least eight other victims and had been in contact with over 670 people in total.

One of the women targeted was terminally ill, with Aigbonohan continuing to pursue her even after she had passed away.

Officers from the NCA arrested Aigbonohan in July 2021. He was found to be carrying a false driver’s license at the time and had no legal right to be in the UK, having overstayed his visa from two years ago.

Records showed that despite living in Abbey Wood, London, he’d spent victim’s money in locations across London, Manchester and Glasgow.

Following his arrest officer’s conducted a search of his home address where they found footwear he’d purchased with store vouchers that could be linked back to one of the victims.

Aigbonohan appeared before Southwark Crown Court yesterday (3 December), where he pleaded guilty to charges relating to fraud and money laundering.

He will remain in custody until he is sentenced at the same court on 14 January 2022.

Dominic Mugan, NCA Operations Manager, said:

” Romance fraud is a particularly cruel crime that impacts victims both emotionally and financially, with victims often feeling like they’re the ones to blame.

“Aigbonohan showed total disregard for the victims in this case and was happy to commit further fraud by moving money between various fraudulently held accounts.

“It’s possible that he contacted more people than we know about, if you think you may have been a victim, or may be a victim in a similar case, we would urge you to report the details to Action Fraud.”

The NCA advise anyone using dating websites to avoid giving away too many personal details when speaking online to someone you’ve never met in person, as it can lead to your identity being stolen. You should stay on the site’s messaging service until you meet in person; don’t be tempted to switch to other platforms that offer less protection. And most importantly, no matter how long you’ve been speaking to someone online and how much you trust them, if you haven’t met them in person do not send them any money.

If you think you have been a victim of fraud you should report it to ActionFraud.police.uk and follow the advice of the Take Five to Stop Fraud campaign, which offers straight-forward and impartial advice to help people spot scams and protect themselves against fraud.

#AceNewsDesk report …………..Published: Dec.09: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#convicted, #court, #dating-sites, #fraud, #london, #nca, #nigeria, #southwark

(CALIFORNIA) Justice Dept Court Report: $56 Million in Seized Cryptocurrency Being Sold as First Step to Compensate Victims of BitConnect Fraud Scheme #AceNewsDesk report

#AceNewsReport – Nov.19: On Friday, U.S. District Judge Todd W. Robinson granted a request from the U.S. Department of Justice and the U.S. Attorney’s Office for the Southern District of California for authority to liquidate approximately $56 million in fraud proceeds seized from the self-described “number one promoter” of BitConnect, a cryptocurrency, who consented to the seizure. This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date. …..

#AceDailyNews DOJ Court Report: According to court documents, on Sept. 1, Glenn Arcaro, 44, of Los Angeles, pleaded guilty to participating in a massive conspiracy to defraud BitConnect investors in the United States and abroad, in which investors were fraudulently induced to invest over $2 billion. The BitConnect scheme is the largest cryptocurrency fraud scheme ever charged criminally.

All potential victims of the BitConnect scheme are encouraged to visit https://www.justice.gov/usao-sdca/us-v-glenn-arcaro-21cr02542-twrfor information on rights they may possess as a victim, the opportunity to submit a victim impact statement, and to identify themselves as a potential victim.

With entry of the court’s interlocutory sale order, the government will begin the process of seeking to make whole victims of the BitConnect scheme by selling the cryptocurrency and holding the proceeds in U.S. dollars. The government will maintain custody of the seized proceeds in cryptocurrency wallets and intends to use these funds to provide restitution to the victims pursuant to a future restitution order by the court at sentencing. 

Arcaro is scheduled to be sentenced on Jan. 7, 2022, and faces a maximum penalty of 20 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

The FBI and IRS-Criminal Investigation are investigating the case. The U.S. Postal Inspection Service is assisting with the liquidation of the cryptocurrency proceeds.

Trial Attorney Kevin Lowell of the Criminal Division’s Fraud Section and Assistant U.S. Attorneys Daniel Silva, Mark W. Pletcher, Carl Brooker, and Lisa Sanniti of the Southern District of California are prosecuting the case. The Department of Justice’s Office of International Affairs provided indispensable assistance to the investigation.

#AceNewsDesk report ………….Published: Nov.19: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#bitconnect, #california, #cyrptocurrency, #doj, #fraud, #united-states

(TEXAS) Justice Dept Court Report: Former Boeing 737 MAX Chief Technical Pilot Indicted for Fraud

#AceNewsReport – Oct.15: According to court documents, Mark A. Forkner, 49, formerly of Washington State and currently of Keller, Texas, allegedly deceived the FAA AEG during the agency’s evaluation and certification of Boeing’s 737 MAX airplane. As alleged in the indictment, Forkner provided the agency with materially false, inaccurate, and incomplete information about a new part of the flight controls for the Boeing 737 MAX called the Maneuvering Characteristics Augmentation System (MCAS). Because of his alleged deception, a key document published by the FAA AEG lacked any reference to MCAS. In turn, airplane manuals and pilot-training materials for U.S.-based airlines lacked any reference to MCAS — and Boeing’s U.S.-based airline customers were deprived of important information when making and finalizing their decisions to pay Boeing tens of millions of dollars for 737 MAX airplanes.

#AceDailyNews reports that a federal grand jury in the Northern District of Texas returned an indictment today charging a former Chief Technical Pilot for The Boeing Company (Boeing) with deceiving the Federal Aviation Administration’s Aircraft Evaluation Group (FAA AEG) in connection with the FAA AEG’s evaluation of Boeing’s 737 MAX airplane, and scheming to defraud Boeing’s U.S.‑based airline customers to obtain tens of millions of dollars for Boeing…..

“Forkner allegedly abused his position of trust by intentionally withholding critical information about MCAS during the FAA evaluation and certification of the 737 MAX and from Boeing’s U.S.‑based airline customers,” said Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division. “In doing so, he deprived airlines and pilots from knowing crucial information about an important part of the airplane’s flight controls. Regulators like the FAA serve a vital function to ensure the safety of the flying public. To anyone contemplating criminally impeding a regulator’s function, this indictment makes clear that the Justice Department will pursue the facts and hold you accountable.”     

“In an attempt to save Boeing money, Forkner allegedly withheld critical information from regulators,” said Acting U.S. Attorney Chad E. Meacham for the Northern District of Texas. “His callous choice to mislead the FAA hampered the agency’s ability to protect the flying public and left pilots in the lurch, lacking information about certain 737 MAX flight controls. The Department of Justice will not tolerate fraud – especially in industries where the stakes are so high.”

“Forkner allegedly withheld crucial information about the Boeing 737 MAX and deceived the FAA, showing blatant disregard for his responsibilities and the safety of airline customers and crews,” said Assistant Director Calvin Shivers of the FBI. “The FBI will continue to hold individuals like Forker accountable for their fraudulent acts which undermine public safety.”

“There is no excusing those who deceive safety regulators for the sake of personal gain or commercial expediency,” said Inspector General Eric J. Soskin of the U.S. Department of Transportation. “Our office works continuously to help keep the skies safe for flying and protect the traveling public from needless danger. Today’s charges demonstrate our unwavering commitment to working with our law enforcement and prosecutorial partners to hold responsible those who put lives at risk.”

According to court documents, Boeing began developing and marketing the 737 MAX in and around June 2011. The FAA AEG was responsible for determining the minimum level of pilot training required for a pilot to fly the 737 MAX for a U.S.-based airline, based on the nature and extent of the differences between the 737 MAX and the prior version of Boeing’s 737 airplane, the 737 Next Generation (NG). At the conclusion of this evaluation, the FAA AEG published the 737 MAX Flight Standardization Board Report (FSB Report), which included, among other things, the FAA AEG’s differences-training determination for the 737 MAX, as well as information about differences between the 737 MAX and the 737 NG. All U.S.-based airlines were required to use the information in the 737 MAX FSB Report as the basis for training their pilots to fly the airplane.

As Boeing’s 737 MAX Chief Technical Pilot, Forkner led the 737 MAX Flight Technical Team and was responsible for providing the FAA AEG with true, accurate, and complete information about differences between the 737 MAX and the 737 NG for the FAA AEG’s evaluation, preparation, and publication of the 737 MAX FSB Report.

In and around November 2016, Forkner discovered information about an important change to MCAS. Rather than sharing information about this change with the FAA AEG, Forkner allegedly intentionally withheld this information and deceived the FAA AEG about MCAS. Because of his alleged deceit, the FAA AEG deleted all reference to MCAS from the final version of the 737 MAX FSB Report published in July 2017. As a result, pilots flying the 737 MAX for Boeing’s U.S.‑based airline customers were not provided any information about MCAS in their manuals and training materials. Forkner sent copies of the 737 MAX FSB Report to Boeing’s U.S.-based 737 MAX airline customers, but withheld from these customers important information about MCAS and the 737 MAX FSB Report evaluation process.

On or about Oct. 29, 2018, after the FAA AEG learned that Lion Air Flight 610 — a 737 MAX — had crashed near Jakarta, Indonesia, shortly after takeoff and that MCAS was operating in the moments before the crash, the FAA AEG discovered the information about the important change to MCAS that Forkner had withheld. Having discovered this information, the FAA AEG began reviewing and evaluating MCAS. 

On or about March 10, 2019, while the FAA AEG was still reviewing MCAS, the FAA AEG learned that Ethiopian Airlines Flight 302 — a 737 MAX — had crashed near Ejere, Ethiopia, shortly after takeoff and that MCAS was operating in the moments before the crash. Shortly after that crash, all 737 MAX airplanes were grounded in the United States.

Forkner is charged with two counts of fraud involving aircraft parts in interstate commerce and four counts of wire fraud. He is expected to make his initial court appearance on Friday in Fort Worth, Texas, before U.S. Magistrate Judge Jeffrey L. Cureton of the U.S. District Court for the Northern District of Texas. If convicted, he faces a maximum penalty of 20 years in prison on each count of wire fraud and 10 years in prison on each count of fraud involving aircraft parts in interstate commerce. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

The Chicago field offices of the FBI and DOT-OIG are investigating the case, with the assistance of other FBI and DOT-OIG field offices.

Trial Attorney Cory E. Jacobs, Assistant Chief Michael T. O’Neill, and Trial Attorney Scott Armstrong of the Criminal Division’s Fraud Section and Assistant U.S. Attorney Alex Lewis of the U.S. Attorney’s Office for the Northern District of Texas are prosecuting the case.

An indictment is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

#AceNewsDesk report ………………….Published: Oct.15: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#boeing, #doj, #fraud, #texas

(MICHIGAN) Justice Dept Court Report: According to court documents, Antonio George, 45, of Novi, attempted to obtain approximately $4.1 million in PPP and EIDL loans through applications submitted on behalf of 16 different companies #AceNewsDesk report

#AceNewsReport – Sept.29: The information alleges that along with George, Kevin Womble, 37, of Detroit, Andrae Sims, 43, of Farmington Hills, and Sarah Vidal, 31, of Novi, provided false and misleading documents about certain aspects of the companies’ respective business operations and payroll expenses. For example, the information alleges that George obtained payroll information that was used to support a seemingly legitimate PPP loan application submitted on behalf of an unrelated entity and then used the unrelated entity’s payroll information to support fraudulent PPP and EIDL loan applications.

#AceDailyNews reports that ‘Four Michigan Residents Charged with #COVID19 – Relief-Fraud’ After A criminal information was docketed today charging them in connection with a wire fraud scheme involving over $4.1 million in Paycheck Protection Program (PPP) loans and Economic Injury Disaster Loans (EIDL) guaranteed by the Small Business Administration (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

George, Womble, Sims and Vidal are each charged with one count of conspiracy to commit wire fraud. George, a tax preparer, is also charged with three counts of aiding and assisting in the preparation of false and fraudulent returns for conduct related to his tax preparation business. If convicted of all counts, George faces a maximum total penalty of 29 years in prison. Womble, Sims and Vidal each face a maximum penalty of 20 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

George, Womble and Sims are scheduled to make their initial appearances today in the Eastern District of Michigan. Vidal is set to make her initial appearance tomorrow.

Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division; Acting U.S. Attorney Saima Mohsin of the Eastern District of Michigan; Special Agent in Charge Timothy Waters of the FBI’s Detroit Field Office; Inspector General Hannibal Mike Ware of the SBA’s Office of the Inspector General (SBA-OIG); and Acting Special Agent in Charge Brian Thomas of the Internal Revenue Service – Criminal Investigation (IRS-CI) made the announcement.

The FBI, SBA-OIG and IRS-CI are investigating the case.

Trial Attorney Patrick J. Suter of the Criminal Division’s Fraud Section and Assistant U.S. Attorney John K. Neal of the Eastern District of Michigan are prosecuting the case.

The Fraud Section leads the department’s prosecution of fraud schemes that exploit the PPP. Since the PPP began, Fraud Section attorneys have prosecuted more than 100 defendants in more than 70 criminal cases. The Fraud Section has also seized more than $65 million in cash proceeds derived from fraudulently obtained PPP funds, as well as numerous real estate properties and luxury items purchased with such proceeds. More information can be found at  https://www.justice.gov/criminal-fraud/ppp-fraud.

On May 17, 2021, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.

Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud (NCDF) Hotline at 866-720-5721 or via the NCDF Web Complaint Form at https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

An information is merely an allegation, and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

#AceNewsDesk report ……..Published: Sept.29: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#cares-act, #doj, #eidl, #fraud, #michigan, #ppp

(WASHINGTON) Justice Dept Court Report: Fraudster sentenced to 12yrs-in-prison over AT&T Unlocking Scheme that defrauded an estimated $200-million #AceNewsDesk report

#AceNewsReport – Sept.19: Beginning in 2012, Fahd, 35, conspired with others to recruit AT&T employees at a call center located in Bothell, Washington, to unlock large numbers of cellular phones for profit. Fahd recruited and bribed AT&T employees to use their AT&T credentials to unlock phones for ineligible customers. Later in the conspiracy, Fahd had the bribed employees install custom malware and hacking tools that allowed him to unlock phones remotely from Pakistan. In September 2020, he pleaded guilty to conspiracy to commit wire fraud.

#AceDailyNews reports that the overall loss to ‘AT&T Estimated’at more than $200 Million: Muhammad Fahd, a citizen of Pakistan and Grenada, was sentenced today to 12 years in prison for his leadership role in a seven-year scheme to unlawfully unlock nearly 2 million phones to defraud AT&T Inc. (AT&T), inflicting more than $200 million in losses.

At the sentencing hearing U.S. District Judge Robert S. Lasnik for the Western District of Washington noted that Fahd had committed a “terrible cybercrime over an extended period,” even after he was aware that law enforcement was investigating.

Cellular phones such as iPhones cost hundreds of dollars. To make the phones more affordable, during the relevant time, AT&T subsidized the purchase cost of phones or sold phones to customers under installment plans. Unlocking a phone effectively removes it from AT&T’s network, thereby allowing the account holder to avoid having to pay AT&T for service or to make any payments for purchase of the phone.

According to records filed in the case, in approximately June or July of 2012, using the alias “Frank Zhang,” Fahd contacted an AT&T employee through Facebook. Fahd offered the employee significant sums of money if the employee would help Fahd secretly unlock phones at AT&T. Fahd also asked the employee to recruit other AT&T employees to help with the unauthorized unlocks.

Fahd instructed the recruited employees to set up fake businesses and bank accounts for those businesses, to receive payments and to create fictitious invoices for every deposit made into the fake businesses’ bank accounts to create the appearance that the money was payment for genuine services.

In the spring of 2013, AT&T implemented a new unlocking system that made it more difficult for the bribed employees to unlock IMEIs for Fahd. In response, Fahd hired a software developer to design malware that could be installed without authorization on AT&T’s computer system to unlock phones more efficiently and in larger numbers. At Fahd’s request, the employees provided confidential information to Fahd about AT&T’s computer system and unlocking procedures to assist in this process. Fahd also had the employees install malware on AT&T’s computers that captured information about AT&T’s computer system and the network access credentials of other AT&T employees. Fahd provided the information to his malware developer, so the developer could tailor the malware to work on AT&T’s computers.

AT&T’s forensic analysis shows the total number of cellular telephones fraudulently unlocked by members of the scheme was 1,900,033 phones. AT&T has further determined that the loss it suffered because customers, whose cellular phones were illegally unlocked, failed to complete payments for their cellular telephones was $201,497,430.94.

Judge Lasnik ordered restitution of $200,620,698. (The difference between this amount and the total loss reflects restitution ordered against bribed AT&T employees in related prosecutions.)

Fahd was indicted in 2017 and arrested in Hong Kong in 2018. He was extradited and appeared in U.S. District Court in Seattle in August 2019. He pleaded guilty to conspiracy to commit wire fraud in September 2020.

This case is the result of an investigation conducted by the Seattle field office of the U.S. Secret Service, IRS-CI and the U.S. Department of Justice. The Justice Department’s Office of International Affairs provided significant assistance.

This case was prosecuted by Assistant U.S. Attorneys Andrew Friedman and Francis Franze-Nakamura of the Western District of Washington and Senior Counsel Anthony Teelucksingh of the Criminal Division’s Computer Crime and Intellectual Property Section.

#AceNewsDesk report ……….Published: Sept.19: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#att, #doj, #fraud, #jailed, #washington

(LAS VEGAS, Nev.) ICE/HSI REPORT: Two Las Vegas residents have been indicted for defrauding people seeking to rent houses out of $3.3 million, through a scheme that involved using multiple false identities and counterfeit drivers’ licenses #AceNewsDesk report

#AceNewsReport – Sept.15: According to allegations in court documents, from about March 2018 until about September 2019, Norbert Ozemena Ikwuegbundo, 28, and Omniyi Jonathan Omotere, 35, both citizens of Nigeria, and others, engaged in the following fraudulent scheme….

  • The defendants assumed the identities of homeowners who were advertising on websites to rent their properties.
  • They posted imposter rental advertisements online at reduced rent prices, using the names and personal identifiers of true homeowners — but changing the contact information to email addresses and phone numbers controlled by the defendants.
  • Using wire transmission instructions provided by the defendants through emails and text messages, prospective renters wired money for first and last month’s rent (and security deposits) to commercial businesses that provide wire transfer services to their customers.
  • The defendants used various lulling techniques, such as sending false rental agreements for victims to sign, so that they would have more time to pick up the wired money.
  • The defendants laundered proceeds from the scheme by using some of the stolen money to buy cars at auction.

#AceDailyNews reports that two Nevada men have been charged with defrauding victims out of $3.3 million in home rental scheme after U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI) and the U.S. Department of State’s Diplomatic Security Service investigated the case.

Ikwuegbundo and Omotere are both charged with one count of conspiracy to commit wire fraud. In addition, Omotere is charged with one count of wire fraud, while Ikwuegbundo is charged with two counts of wire fraud, one count of possessing equipment used to make counterfeit drivers’ licenses, one count of concealment money laundering, and one count of aggravated identity theft.

Ikwuebundo made his initial court appearance on Aug.11, before U.S. Magistrate Judge Elayna J. Youchah. Omotere made his initial appearance Thursady before U.S. Magistrate Judge Nancy J. Koppe. A jury trial has been scheduled for Oct. 18. If convicted, Ikwuegbundo faces a statutory maximum penalty of 97 years in prison; and Omotere faces a statutory maximum penalty of 40 years in prison.

A criminal indictment is merely an allegation. All defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

Assistant U.S. Attorney for the District of Nevada Kimberly M. Frayn is prosecuting the case.

HSI is a directorate of ICE and the principal investigative arm of the U.S. Department of Homeland Security (DHS), responsible for investigating transnational crime and threats, specifically those criminal organizations that exploit the global infrastructure through which international trade, travel, and finance move.

HSI’s workforce of over 10,400 employees consists of more than 7,100 special agents assigned to 220 cities throughout the United States, and 80 overseas locations in 53 countries. HSI’s international presence represents DHS’s largest investigative law enforcement presence abroad and one of the largest international footprints in U.S. law enforcement.

#AceNewsDesk report ………Published: Sept.15: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#fraud, #hsi, #ice, #las-vegas, #nevada

((LONDON Crown Court Report: A #COVID19 text scammer has been jailed for 22 months on 20 August 2021 for using fake digital messages to trick people into providing personal banking details #AceNewsDesk report

#AceNewsReport – Aug.25: Based on the average loss to victims of “phishing” fraud and the number of victims’ personal details found in the defendant’s possession, the estimated potential loss was £185,265.76.

#AceDailyNews reports that a #COVID19 fraudster has been jailed for a cyber scam after Abdisalaam Dahir, 20, previously pleaded guilty to charges of fraud by false representation, possessing articles for use in fraud and money laundering at the Inner London Crown Court.

20 August 2021

Dahir had been sending out bulk text messages to members of the public claiming to be from various well known organisations. The victims were directed to fake websites where they were asked for personal financial information, including their banking details.

Notably, messages that claimed to be from HMRC sought to attract victims to provide personal details via a hook that they may be eligible for a COVID-19 grant, targeting those who may have suffered due to the COVID pandemic.

The police found evidence obtained from phones and a laptop which demonstrated that defendant had been involved in sending bulk SMS messages purporting to be from other organisations including the Royal Mail, Nationwide, HSBC, THREE and EE, asking the receiver to ‘click’ on a weblink within the message in order to provide more details, thereby passing sensitive details which can be used in ongoing fraud, to him. £10,650 in cash was also found under the defendant’s bed.

Dahir was engaged in smishing and phishing frauds. Smishing is when fraudsters obtain personal details of a victim by SMS text messages, while phishing is a method used by fraudsters to access similar valuable personal details, such as usernames and passwords via a fake website.

Alexander White of the CPS said: “ At a time when the country was looking to COVID-19 grants to help the desperate in our society financially survive this pandemic, Dahir was seeking to exploit this by prising vital personal financial information from vulnerable victims: Criminals are increasingly using sophisticated on-line methods to try and extract information and money from unsuspecting members of the public. We need to be agile in our response to these phishing and smishing threats and our new Economic Crime Strategy will allow us to adapt and enhance our capability: Working closely with experts from the City of London police’s Dedicated Card and Payment Crime Unit, we have brought a rapid close to Dahir’s fraudulent operation. Hopefully, this sends a message out to other fraudsters and reassures the public that work is underway to prevent it happening.”

In the last year the CPS has seen cyber criminals look to exploit the COVID-19 pandemic and that we are conducting our lives more online. In response to this CPS has issued an ambitious Economic Crime Strategyto combat these offences.

Additional Notes:

  • Alexander White, is the specialist prosecutor for the CPS Specialist Fraud Division
  • The CPS Economic Crime Strategy is available on our website.
  • The Specialist Fraud Division is a dedicated CPS team playing a leading role in the fight against serious and complex economic crime and the financial exploitation of the public, using specialist legal expertise to deliver justice.
  • Abdisalaam Dahir (DOB:07/02/2001) pleaded guilty to the counts of fraud by false representation, possessing articles for the use in fraud and money laundering at the Inner London Crown Court and sentenced to 22 months immediate custody.

#AceNewsDesk report ……Published: Aug.25: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#court, #cyberscam, #fraud, #london, #phising

(LONDON) SCAM ALERT: BBC Action Fraud Report: On social media, there’s a new type of influencer, but instead of promoting clothing lines and lifestyle products, they promote fraud #AceNewsDesk report

#AceNewsReport – Aug.16: They flash stacks of cash, hide their faces, and some even lure new recruits by selling guides on committing fraud: You’d think these scammers and their illegal products would be hard to find, and once upon a time, they were, hidden in the shadows of the dark web. But not any more.

#AceDailyNews says that the influencers promoting criminal scams on TikTok, Twitter, Facebook, Snapchat, Instagram and YouTube all told us they did not allow fraud on their platforms. They said that they took fraud very seriously and were constantly clamping down on criminal content.The question is whether they can take it down faster than it’s being posted: Panorama: Hunting the Social Media Fraudsters is on BBC One at 19:35 BST on Monday or later on iPlayer

Delivery text scams and how to deal with them

By Kafui Okpattah
BBC Panorama

Stock photo of a man in a demin jacket lookig at his phone

As part of an investigation for BBC Panorama, I discovered just how easy it was to make deals with fraudsters and purchase fraud guides online. I also unmasked one anonymous influencer who has been selling them in a bid to use criminal cash to refund scam victims

On social, perpetrators of online retail fraud refer to it as “clicking”, making it seem more innocuous.

But committing fraud – which is defined by the police-run service Action Fraud as using trickery to gain a dishonest advantage, often financial, over another person – can lead to up to 10 years in prison.

The guides being traded are known as methods. 

They can target banks, retailers and even the government’s Universal Credit system, leaving organisations and members of the public out of pocket.

And they all rely heavily on something known as fullz, slang for full information.

These are the personal details of an unconnected person: typically an individual’s name, phone number, address and bank details.

With the fullz in hand, fraudsters can follow the steps in the guides to make online purchases or even take out a loan in someone else’s name.

They have often come from phishing scams: Think of those dodgy emails or text messages that pretend to be from legitimate sources and con people into revealing their personal information.Sometimes these fraudsters conduct or commission phishing activities themselves, or sometimes they get hold of the information via others.

Exploiting a person’s “fullz” – by, for example, making purchases using their details – can wreck their credit score. A bad credit score can have life-changing implications: it affects your chances of applying for a loan, or getting a mortgage, or even opening a new bank account. I contacted one fraudster who was advertising his services on social media and, through a messaging app, he offered to build me a fake website and send 4,000 phishing texts on my behalf to get people’s personal details.

His fee was £115.Terms used by scammersmethods – tips on how to commit fraud fullz – short for full details. Relates to personal banking information (e.g. I can get you their fullz)clicking – fraudulently purchasing products from online retailersOn a separate Instagram profile, I noticed a scammer had posted some “fullz” – as a sort of free sample, encouraging people to pay to receive many more stolen details.

I decided to call some of the phone numbers that were listed.It was difficult listening to a stranger react as I told them their names, addresses, card details and phone numbers were posted online for anyone to see and exploit.I later met up with one of the victims, Wilson from Oxford, who said seeing all his details online was scary because it made him realise how unprotected he was. So why aren’t more people behind these schemes being caught?

Cybercrime specialist Jake Moore says investigators are facing an uphill battle to find the culprits.“Anonymous accounts are leaving not just a small amount of breadcrumbs to investigate them – there are no breadcrumbs,” he says. “There’s no digital footprint left behind them. So to investigate this is nearly impossible.”

But being an influencer inevitably means sharing some elements of your life online – and over time, one influencer has left behind a few too many clues.He calls himself Tankz, and in videos of him rapping online, he boasts: “I’m a London scammer. I see it, I want it, I click it.”He sells fraud guides – or methods.I posed as someone interested in learning about fraud and messaged Tankz about his methods via Instagram. We bought his top guide for £100. It arrived as a link, sent via social media, to 43 files on a cloud storage system: The files were filled with detailed techniques on how to exploit online retailers: They also directed would-be criminals to websites where they can buy “fullz”. We wanted to find out who this masked fraud influencer was.

Panorama analysed footage Tankz posted on social media, and realised he gave too much away while trying to remain anonymous: We noted a reference to north London’s Wembley as his local area, a mention of studying economics and finance at university, and a glimpse of his car number plate. One clip also featured a distinctive black-and-grey carpet, and we were able to find a match on a website advertising student accommodation in the Wembley area.We went to the block, spotted the car, and waited: Then we saw a man approach the car wearing the exact same tracksuit Tankz had been wearing earlier that day in a social media video.YouTube/

We had unmasked the masked fraudster but who was he? His social media posts are anonymous, but we discovered that his songs were also listed on Apple Music. On one of his tracks, the copyright isn’t listed to Tankz, but to what seems is his real name: Luke Joseph.It didn’t stop there. We discovered an email sent from Tankz’s official address which also made a reference to the same name: There was even an eBay account under the name of Tankz, where Luke Joseph is the contact address.Finally, we discovered that there was someone of the same name living in the same student accommodation block in Wembley. It seems that Tankz may be a London student called Luke Joseph.We contacted Luke Joseph, and Tankz, but we didn’t get a response: His TikTok, Instagram and Snapchat accounts were removed by the respective social media platforms after Panorama notified them about the content: Since then, he has created a new TikTok account where he continues to post about his life: So what are the wider authorities doing to crack down on online fraud and those who promote it?

Earlier this year, the government revealed plans to reduce illegal and harmful digital content. It wants the communications regulator Ofcom to police social media and hold big tech giants to account: Fraud-related content was not originally set to be included in this Online Safety Bill, but at the last minute the government changed its mind. The word “fraud” is still absent, but it could be covered by what the bill refers to as “illegal content”.Some have voiced concerns that it won’t specifically address the problem.

Arun Chauhan, a solicitor specialising in fraud, says he thinks the bill “is not fit for purpose in the fight against fraud”.But a government spokesperson told Panorama the new law would “increase people’s protection” from scams, and said they “continue to pursue fraudsters” and “close down the vulnerabilities they exploit”.

#AceNewsDesk report ……Published; Aug.16: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts from Twitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

Panorama: Hunting the Social Media Fraudsters is on BBC One at 19:35 BST on Monday or later on iPlayerHow do these private details end up in circulation in the first place?

#fraud, #london, #media, #scams, #social

(NEW YORK) Justice Court Report: Jury convicts two former ‘Wall Street Bank Traders’ of wire-fraud #AceNewsDesk report

#AceNewsReport – Aug.06: These defendants undermined public confidence in U.S. commodities markets by manipulating prices to create the false appearance of supply and demand,” said Assistant Attorney General Kenneth A. Polite Jr. of the Justice Department’s Criminal Division. “This verdict shows that the Department of Justice is committed to holding accountable those who line their pockets by manipulating our financial markets through fraud.”

#AceDailyNews report on a federal jury who convicted two Connecticut men today for engaging in a multi-year fraud scheme to manipulate U.S. commodities markets for publicly traded precious metals futures contracts….

According to court documents and evidence presented at trial, Edward Bases, 59, of New Canaan, a former senior trader employed at Deutsche Bank and Bank of America in New York, and John Pacilio, 57, of Southport, a former senior trader employed at Bank of America and Morgan Stanley in New York, fraudulently pushed market prices up or down by routinely placing large “spoof” orders in the precious metals futures markets that they did not intend to fill.

Bases and Pacilio did so in order to manipulate prices for their own gain and the banks’ gain, and to defraud other traders on the Commodity Exchange Inc. (COMEX) and the New York Mercantile Exchange Inc. (NYMEX), both of which are exchanges run by the CME Group Inc. (CME).

Court documents and witness testimony also showed that Bases and Pacilio taught other traders how to engage in the practice of spoofing, which involves placing orders on the exchange that, at the time they were placed, were not intended to be executed. For example, electronic chat messages introduced as evidence during trial demonstrated that, while he was placing deceptive trades, Bases stated, “that does show you how easy it is to manipulate it sometimes . . . I know how to ‘game’ this stuff.” Evidence introduced at trial also included electronic chat messages from Pacilio stating, “I just put in 500 lots to spoof the gold,” and “if you spoof this it really moves.”

“Illegally moving market prices in a direction that suits individual interests is a quick way to lose investor confidence and rack up federal criminal charges,” said Acting Assistant Director in Charge Jacqueline Maguire of the FBI’s New York Field Office. “The FBI will continue to pursue those who manipulate our financial markets.”

As a result of Bases’s and Pacilio’s scheme, other market participants, some of whom testified at trial, were induced to trade at prices, quantities, and times that they otherwise would not have traded. Bases and Pacilio engaged in this conduct despite having received and been trained on bank policies prohibiting fraud and deceptive trading practices.

Bases was convicted of conspiracy to commit wire fraud affecting a financial institution and wire fraud affecting a financial institution. Pacilio was convicted of conspiracy to commit wire fraud affecting a financial institution, wire fraud affecting a financial institution, and commodities fraud. Conspiracy to commit wire fraud and wire fraud affecting a financial institution carry a maximum sentence of 30 years’ imprisonment per count. Commodities fraud carries a maximum sentence of 25 years’ imprisonment. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

Acting Principal Assistant Chief Avi Perry and Trial Attorneys Scott Armstrong and John Liolos of the Criminal Division’s Fraud Section are prosecuting the case. The FBI’s New York Field Office investigated this case.

The Criminal Division’s Fraud Section plays a pivotal role in the Justice Department’s fight against white collar crime around the country, and its Market Integrity & Major Frauds Unit is the national leader in prosecuting fraud and manipulation in the U.S. commodity markets.

#AceNewsDesk report ……….Published: Aug.06: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#contracts, #doj, #fraud, #markets, #new-york

(WASHINGTON) DOJ National Center for Disaster Fraud Report: A woman has been arrested for Fake COVID#19 Immunization & Vaccination Card Scheme #AceNewsDesk report

#AceNewsReport – July.17: Juli A. Mazi, 41, of Napa, is charged with one count of wire fraud and one count of false statements related to health care matters. The case is the first federal criminal fraud prosecution related to homeoprophylaxis immunizations and fraudulent Centers for Disease Control and Prevention (CDC) #COVID19 vaccination record cards.

#AceDailyNews reports that a California-licensed homeopathic doctor was arrested today for her alleged scheme to sell homeoprophylaxis immunization pellets and to falsify COVID-19 vaccination cards by making it appear that customers had received the U.S. Food and Drug Administration (FDA) authorized Moderna vaccine.

“This defendant allegedly defrauded and endangered the public by preying on fears and spreading misinformation about FDA-authorized vaccinations, while also peddling fake treatments that put people’s lives at risk.

Even worse, the defendant allegedly created counterfeit COVID-19 vaccination cards and instructed her customers to falsely mark that they had received a vaccine, allowing them to circumvent efforts to contain the spread of the disease,” said Deputy Attorney General Lisa O. Monaco. “The Department of Justice and its law enforcement partners are committed to protecting the American people from fraudsters during this national emergency. This commitment is evident in this prosecution as well as in the ongoing work of the Department and our agency partners in the COVID-19 Fraud Enforcement Task Force established by the Attorney General earlier this year.”

According to court documents, in April 2021, an individual submitted a complaint to the Department of Health and Human Services Office of Inspector General (HHS-OIG) hotline stating that family members purchased from Mazi COVID-19 homeoprophylaxis immunization pellets. The complainant stated that the family members had told her/him that Mazi stated that the pellets contained the COVID-19 virus and would create an antibody response in the immune system. The complainant reported that her/his family did not receive injections of any of the three FDA-authorized COVID-19 vaccines. However, in connection with the delivery of the homeoprophylaxis immunization pellets, Mazi sent COVID-19 Vaccination Record cards, with Moderna listed, to the complainant family. Mazi allegedly instructed the complainant family to mark the cards to falsely state that they received the Moderna vaccine on the date that they ingested the COVID-19 homeoprophylaxis immunization pellets.

“Steering through the challenges presented by COVID-19 requires trust and reliance on our medical professionals to provide sage information and guidance,” said Acting U.S. Attorney Stephanie Hinds for the Northern District of California. “According to the complaint, instead of disseminating valid remedies and information, Juli Mazi profited from unlawfully peddling unapproved remedies, stirring up false fears, and generating fake proof of vaccinations. We will act to protect trust in the medical developments that are enabling us to emerge from the problems presented by the pandemic.”

According to court documents, Mazi offered homeoprophylaxis immunizations for childhood illnesses that she falsely claimed would satisfy the immunization requirements for California schools, and falsified immunization cards that were submitted by parents to California schools. Homeoprophylaxis involves the exposure of an individual to dilute amounts of a disease, purportedly to stimulate the immune system and confer immunity. Mazi is alleged to have falsely claimed that orally ingesting pellets with small amounts of COVID-19 would result in full lifelong immunity from COVID-19. 

“This doctor violated the all-important trust the public extends to healthcare professionals — at a time when integrity is needed the most,” said Special Agent in Charge Steven J. Ryan of the Department of Health and Human Services Office of Inspector General (HHS-OIG). “Working closely with our law enforcement partners, our agency will continue to investigate such fraudsters who recklessly endanger the public’s health during the unprecedented COVID-19 crisis.”    

The affidavit alleges that Mazi used the COVID-19 pandemic to expand the pre-existing immunization scheme by selling immunization pellets that she fraudulently claimed, in written documents and consensually monitored recordings, would provide “lifelong immunity to COVID-19.” Mazi explained that the pellets contained a “very minute amount of this [COVID-19] disease” that can result in “infectious symptoms” of COVID-19 or “automatically flag[] the immune system’s attention, inducing immunity.” To encourage customers to purchase the pellets, Mazi allegedly exploited disinformation and fear by falsely claiming that the FDA-authorized COVID-19 vaccines contain “toxic ingredients.” Mazi further stated that her customers could provide the pellets to children for COVID-19 immunity, and that the “dose is actually the same for babies.”

“Spreading inaccurate or false medical information about COVID-19 for personal gain, as the complaint alleges, is dangerous and only seeds skepticism among the public,” said Special Agent in Charge Craig D. Fair of the FBI’s San Francisco Field Office. “As the government continues to work to provide current and accurate information to help slow the spread of COVID-19, the FBI will continue to pursue those who attempt to fraudulently profit from spreading misinformation and providing false documentation.” 

Mazi also provided CDC COVID-19 vaccination record cards to her customers with instructions on how to fraudulently complete the cards to falsely make it appear as if a customer had received two doses of the Moderna vaccine. As part of her scheme, Mazi provided customers with specific Moderna vaccine lot numbers to enter onto the cards and with instruction on how to select the purported dates on which they had received the Moderna vaccines to evade suspicion. 

HHS-OIG’s San Francisco Regional Office and the FBI’s San Francisco Field Office are investigating the case. 

Trial Attorney Sridhar Babu Kaza of the Criminal Division’s Fraud Section’s National Rapid Response Strike Force and Assistant U.S. Attorney Christiaan Highsmith of the U.S. Attorney’s Office for the Northern District of California are prosecuting the case.

The case was brought in coordination with the Health Care Fraud Unit’s COVID-19 Interagency Working Group, which is chaired by the National Rapid Response Strike Force and organizes efforts to address illegal activity involving health care programs during the pandemic.

The Fraud Section leads the Health Care Fraud Strike Force. Since its inception in March 2007, the Health Care Fraud Strike Force, which maintains 15 strike forces operating in 24 federal districts, has charged more than 4,200 defendants who have collectively billed the Medicare program for nearly $19 billion. In addition, the HHS Centers for Medicare and Medicaid Services, working in conjunction with the HHS-OIG, are taking steps to increase accountability and decrease the presence of fraudulent providers. 

In May, the Attorney General established the COVID-19 Fraud Enforcement Task Force to marshal the resources of the Department of Justice in partnership with agencies across government to enhance efforts to combat and prevent pandemic-related fraud. The Task Force bolsters efforts to investigate and prosecute the most culpable domestic and international criminal actors and assists agencies tasked with administering relief programs to prevent fraud by, among other methods, augmenting and incorporating existing coordination mechanisms, identifying resources and techniques to uncover fraudulent actors and their schemes, and sharing and harnessing information and insights gained from prior enforcement efforts. For more information on the department’s response to the pandemic, please visit https://www.justice.gov/coronavirus.

Anyone with information about allegations of attempted fraud involving COVID-19 can report it by calling the Department of Justice’s National Center for Disaster Fraud Hotline at 866-720-5721 or via the NCDF Web Complaint Form at: https://www.justice.gov/disaster-fraud/ncdf-disaster-complaint-form.

The Fraud Section uses the Victim Notification System (VNS) to provide victims with case information and updates related to this case. Victims with questions may contact the Fraud Section’s Victim Assistance Unit by calling the Victim Assistance phone line at 1-888-549-3945 or by emailing Victimassistance.fraud@usdoj.gov. To learn more about victims’ rights, please visit: https://www.justice.gov/criminal-vns/victim-rights-derechos-de-las-v-ctimas.  

A criminal complaint is merely an allegation and the defendant is presumed innocent until proven guilty beyond a reasonable doubt in a court of law. 

#AceNewsDesk reports ……Published: July.17: 2021:

Editor says …Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily all of our posts fromTwitter can be found here: https://acetwitternews.wordpress.com/ and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com

#cdc, #doj, #fraud, #washington