Federal investigators are investigating an outbreak of debit card fraud in Northwest Georgia, according to a story by WCR tv in Chattanooga. Customers of the Bank of LaFayette, Cohutta Banking Company, and Tennessee Valley Federal Credit Union in Chickamauga, LaFayette, Rossville and Trion in Northwest Georgia have reported having their accounts drained. Authorities believe that […]
READ MOREPonzi scams digital currencys dirty not so little
Ponzi Scams – Digital Currency Online porn helped water the growth of the Internet in its developmental years. Not something to be proud of, but facts are facts — even the hideous ones. Ponzi scams have likewise helped stoke the use of digital gold currency for years. Ponzi scams have been mothers’ milk to big […]
READ MORE3 UBS Execs Convicted of Municipal Bond Bid Fraud
Three former Union Bank of Switzerland–UBS–executives were convicted on Friday in the U.S. District Court for the Southern District of New York, as reported by NASDAQ. Peter Ghavami, Gary Heinz and Michael Welty were found guilty of fraud relating to bids to invest the proceeds from municipal bonds and other municipal finance contracts between 2001 and 2006. […]
READ MOREMail and Wire Fraud: Ties to Other Charges
In February of 2015, former N.Y. Assembly Speaker Sheldon Silver was indicted on charges of fraud and extortion. According to the Wall Street Journal, the charges arose from two schemes in which he allegedly used his political power to elicit kickbacks. The U.S. Attorney brought charges for extortion as well as for mail and wire […]
READ MORERepresentative William Jefferson Convicted on 11 of 16 Counts
We did not weigh in yesterday, but the biggest federal criminal defense news was clearly the conviction of U.S. Representative William Jefferson of Louisiana in his criminal trial in the U.S. District Court for the Eastern District of Virginia, as reported by the New Orleans Times-Picayune. The jury of eight women and four men returned a verdict of […]
READ MORENew York Prosecutor Highlights Need for Regulations to Fight Data Encryption
A top prosecutor of New York Country says that Apple and Google should be legally required to give police access to customer data that may be deemed necessary when investigating crimes. According to Cyrus Vance, Manhattan District Attorney, federal and state governments should consider passing laws that forbid devices like smartphones, tablets etc. to be […]
READ MORESanta Rosa Man Convicted in Mortgage Fraud Case
A Santa Rosa man who ran a mortgage elimination scheme that preyed on struggling homeowners in Sonoma and Marin counties faces more than a dozen years in jail when he is sentenced next month, prosecutors said Tuesday. Ronald Cupp, 59, was convicted of 15 felonies, including forgery and falsifying documents through his Rohnert Park business, […]
READ MOREPfizer Enters Largest Healthcare Fraud Settlement in U.S. History
Pharmaceutical giant Pfizer, inc., will pay $2.3 billion to the Federal government and 49 States to settle allegations that it violated federal regulations in promoting several drugs, as reported by the Atlanta Journal-Constitution. The settlement is the largest in U.S. history to date in a healthcare fraud case. Georgia will receive $21.7 million as part of […]
READ MOREMajor US Banks In The Midst Of A Legal Investigation
J.P. Morgan Chase is currently facing a criminal investigation by the Justice Department with respect to the behavior of traders in the foreign exchange market. JP Morgan is the largest bank in the US. Along with this criminal investigation, JP Morgan is also facing civil investigations by the Commodity Futures Trading Commission (CFTC), the UK’s […]
READ MORETips for Choosing a Secure Password
Passwords are used for protecting even our most sacred data. The very nature of passwords requires that we should remember them, so that we do not have to write them down or save them in a text file, for someone to find later. However, the whole concept of “easy-to-remember passwords” is the primary reason most […]
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