PixarBio exec pleads guilty in $12.7M fraud case

Days after a second co-defendent pleaded guilty to defrauding investors, PixarBio Corp. CEO Frank Reynolds told the Business Journal that he was unaware of the fraud and is still working to bring the company's non-opioid painkiller to market......»»

Category: topSource: bizjournalsFeb 11th, 2019

Another ex-State Street exec sentenced to prison for fraud

Former State Street Corp. executive Edward Pennings was handed a six-month prison sentence on Wednesday following a guilty plea in a case over an alleged scheme to secretly overcharge the company’s clients by millions of dollars. The sentencing co.....»»

Category: topSource: bizjournalsNov 15th, 2018

University of Colorado professor pleads guilty in mail fraud case

A University of Colorado at Boulder professor pleaded guilty Monday to to mail fraud and aiding and abetting. The government alleges that Oleg Viktorovich Vasilyev, 50, a professor in the department of mechanical engineering, obtained a $234,000 fede.....»»

Category: topSource: bizjournalsJul 11th, 2018

Buffalo, N.Y., contractor exec pleads guilty to fraud for bid rigging on $750 million contract

Kevin Schuler, a former executive with Buffalo, N.Y. general contractor LPCiminelli, pleaded guilty to fraud and conspiracy for his part in an alleged bid-rigging scheme......»»

Category: realestateSource: bdcnetworkJun 6th, 2018

Former LPCiminelli exec pleads guilty in federal case related to Buffalo Billion

The dual guilty pleas entered late Friday afternoon by former LPCiminelli vice president Kevin Schuler could have an impact on a pair of federal trials due to begin next month against the chairman of the Buffalo construction firm and the company.....»»

Category: topSource: bizjournalsMay 19th, 2018

Todd Hitt pleads guilty to fraud

Former Kiddar Capital CEO Todd Hitt pleaded guilty to orchestrating eight counts of securities fraud that ultimately cost investors $20 million, according to a plea deal announced Wednesday by the Department of Justice. Hitt, 54, faces a maximum pe.....»»

Category: topSource: bizjournalsFeb 13th, 2019

Middletown business owner pleads guilty to tax fraud

A Greater Dayton businessman has pleaded guilty to filing a false income tax return with the Internal Revenue Service. Mohammed Mike Bassini, 48, of Middletown, is the sole owner and proprietor of seven Subway restaurant franchises in the region that .....»»

Category: topSource: bizjournalsJan 30th, 2019

Roger Stone Pleads Not Guilty to Charges Connected to Mueller Investigation

The case is being ha.....»»

Category: europeSource: fortuneJan 29th, 2019

Cincinnati business owner pleads guilty to tax fraud

A Greater Cincinnati businessman has pleaded guilty to filing a false income tax return with the Internal Revenue Service. Mohammed Mike Bassini, 48, of Middletown, is the sole owner and proprietor of seven Subway restaurant franchises in the regio.....»»

Category: topSource: bizjournalsJan 29th, 2019

Ronaldo Pleads Guilty To Tax Fraud In Madrid, Accepts $21 Million Fine, 23-Month Jail Sentence

Cristiano Ronaldo's yearslong tax evasion saga finally came .....»»

Category: blogSource: zerohedgeJan 23rd, 2019

Cristiano Ronaldo Pleads Guilty to Tax Fraud in Spanish Court

The soccer star was fined $21.6 million and a suspended jail term. Portuguese soccer star Cristiano Ronaldo pleaded guilty to tax fraud on Tuesday in a Madrid court over charges dating to his time playing for R.....»»

Category: europeSource: fortuneJan 22nd, 2019

The Wall Street Journal: Former USC basketball coach pleads guilty in NCAA corruption case

A former assistant basketball coach at the University of Southern California pleaded guilty Wednesday to conspiring to take bribes in exchange for steering top players to financial advisers and sports business managers......»»

Category: topSource: marketwatchJan 3rd, 2019

Jury rules on Evans Landscaping wire fraud case

The jury in the trial of Evans Landscaping owner Doug Evans has returned with a verdict, according to media reports. The 12 members of the jury found Evans, vice president of operations Jim Bailey and the company itself guilty on all charges that th.....»»

Category: topSource: bizjournalsDec 11th, 2018

Diamond ring no longer shines for Scottsdale attorney jailed for fraud

A well-known Valley attorney is set to trade his Scottsdale office for the inside of a jail cell after being ordered to self-surrender in January to begin a prison sentence after pleading guilty in a bankruptcy fraud case that involved a hefty engage.....»»

Category: topSource: bizjournalsDec 6th, 2018

Owner of Miami company pleads guilty in $8.6M Medicare fraud scheme

The company owner admitted to offering "bribes and kickbacks" to multiple co-conspirators in exchange for referring Medicare beneficiaries to his business......»»

Category: topSource: bizjournalsDec 5th, 2018

Behavioral health company manager from Greensboro pleads guilty to Medicaid fraud

A Greensboro woman who managed a Wilson behavioral health company has pleaded guilty to health fraud conspiracy and aggravated identity theft, according to the U.S. Department of Justice. Renee Borunda will be sentenced to about three years in federal p.....»»

Category: topSource: bizjournalsNov 12th, 2018

Developer pleads guilty to $58M fraud

White Plains real estate developer, Michael D'Alessio, pled guilty today to operating a years-long scheme to defraud investors in his luxury real estate development projects in Manhattan, the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2018

Man who was part of international "boiler room" scam pleads guilty

A man who participated in what officials called an international “boiler room” scam in which money was funneled through a Western New York bank account has pleaded guilty to conspiracy to commit wire fraud, U.S. Attorney James Kennedy said. Ap.....»»

Category: topSource: bizjournalsNov 7th, 2018

Former Washington County official pleads guilty to fraud

William Gum, a former administrator for the Washington County Ambulance District, has admitted to stealing from the district and paying himself a higher salary than was authorized. According to a release, Gum, 59 and of Potosi, pleaded guilty to the h.....»»

Category: topSource: bizjournalsNov 6th, 2018

Ex Venezuela official pleads guilty in money laundering case

The former finance chief of Venezuela's state oil company has pleaded guilty to a role in helping to launder $1.2 billion stolen from the company in a high-profile case implicating President Nicolas Maduro's stepsons......»»

Category: topSource: foxnewsOct 31st, 2018

Phony "IRS agent" pleads guilty to Target gift card scam

Federal prosecutors said this week that a man charged with scamming victims out of $250,000 worth of Target Corp. gift cards by posing as an IRS agent has pleaded guilty to fraud. Minnesota's U.S. Attorney's office announced the guilty plea by Yu Zh.....»»

Category: topSource: bizjournalsOct 26th, 2018