All news on the topic: Wire Fraud

Former NBA player Terry Rozier was charged with new federal accusations involving sports bribery and conspiracy to commit honest services wire fraud on Thursday, as part of a major sports betting investigation that has shaken the league.

The House Oversight Committee announced on Friday that it is launching an investigation into Kalshi and Polymaket concerning alleged incidents of insider trading by users of the prediction markets.

Aimee Bock, the convicted leader of the $250 million Feeding Our Future fraud scheme in Minnesota, was sentenced to over 40 years in prison on Thursday.

The proprietor of a healthcare software company was found guilty of extensive Medicare fraud on Thursday, as announced by the Department of Justice, concluding what Acting Attorney General Todd Blanche described as "one of the most egregious fraud schemes in Florida history."

The fraud trial of the former CEO of a company with a unique Kansas bank charter was set to start on Tuesday following a judge’s decision that the defendant could not protect AI-generated documents from prosecutors by claiming attorney-client privilege.

The Southern Poverty Law Center was charged on Tuesday with federal fraud allegations claiming it unjustly raised millions of dollars to covertly pay leaders of the Ku Klux Klan and other hate groups for insider information, stated acting Attorney General Todd Blanche.

A Niceville man and retired U.S. Army sergeant has admitted to his involvement in a multi-million dollar fraud scheme that deceived victims through fake investment opportunities, federal prosecutors announced Monday.

Disgraced Theranos founder Elizabeth Holmes will spend just over 10 years in prison after a federal judge reduced her sentence by a year, emphasizing that her significant fraud still deserves severe punishment.

OneCoin’s Aamer Abdulaziz Ahmed Salman has been sentenced to eighteen months in prison.

The two masterminds of a charity scam at Petco Park have admitted their guilt in their involvement in a conspiracy first revealed by Voice of San Diego in 2023.

One of the individuals accused of being a ringleader in a scheme to influence the results of college basketball games pleaded guilty to the charges on Monday.

A US Air Force pharmacist and his husband have been accused of embezzling over $3 million from the Department of War to support their extravagant lifestyle, which included buying a BMW, a Porsche, and a mansion in Arizona.

Federal prosecutors stated that Brian Garry Sewell deceived investors out of nearly $3 million and operated an unlicensed cash-to-crypto business that transferred over $5 million.

PGI Global founder Ramil Ventura Palafox has been sentenced to 20 years in prison.

Chadwick M. Elgersma, United States Attorney for the Western District of Wisconsin, announced that Cory Kromray, 39, from Minocqua, Wisconsin, was sentenced yesterday by U.S. District Judge William M. Conley to 6 years and 8 months in federal prison for wire fraud and money laundering related to an investment fraud scheme.

The previous IT manager of the Heinz Endowments foundation has been charged with embezzling nearly $1 million, as announced by Acting United States Attorney Troy Rivetti.

A former NFL tight end was found guilty on Tuesday in a Florida federal court for orchestrating what prosecutors called a widespread $200 million Medicare fraud scheme involving NFL players. This scheme fraudulently diverted nearly $200 million from Medicare and a health care program serving the families of disabled veterans through bogus orders for orthotic braces.

Atharva Shailesh Sathawane has been sentenced to 18 years in prison in the United States for his involvement in an international fraud scheme that targeted elderly victims and led to millions of dollars in losses, federal prosecutors reported.