Fraud

Gina Champion-Cain’s real estate company, American National Investments, released a statement Friday.

A Beverly Grove man is accused of submitting fraudulent loan applications for $9 million.

A Los Angeles man was arrested Thursday and charged with fraudulently seeking more than $8.5 million in Paycheck Protection Program loans. Andrew Marnell, 40, was charged in Los Angeles federal court by criminal complaint, unsealed upon his arrest, with one count of bank fraud, according to the U.S. Attorney’s Office. The complaint alleges that Marnell obtained $8.5 million in PPP…

A Southern California man who authorities say tried to sell $6 million worth of phony paintings he claimed were created by Andy Warhol, Jean-Michel Basquiat and other modern masters was sentenced Wednesday to five years in federal prison. Philip Righter, 43, of West Hollywood was sentenced in a federal court in Miami after pleading guilty to wire fraud, aggravated identity…

A Manhattan resident has been charged for a fraudulent scheme to obtain over $20 million in government-guaranteed loans designed to provide relief to small businesses during the COVID-19 pandemic, federal prosecutors announced Thursday. Muge Ma, 36 and from Manhattan, is charged with one count each of bank fraud, wire fraud, and making false statements to a bank — each of…

Federal officials say the COVID-19 outbreak has unleashed a wave of fraud

Two men lied about their businesses in loan applications under the new Paycheck Protection Program, federal prosecutors announced Tuesday, saying they are the first to be charged with fraud in connection with the multibillion-dollar loan initiative in the United States. The two men were been charged in Rhode Island with filing fraudulent bank loan applications seeking $438,000 from the Small…

The attorney for a San Diego physician arrested for allegedly selling what he described as a miracle cure for coronavirus argues his client is being unfairly charged.

A San Diego physician is due in federal court on Friday following his arrest for allegedly selling what he described as a “miracle cure” that could render people immune from COVID-19 for at least six weeks.

Scam artists are up to their old tricks, but with a new twist: exploiting confusion around the government’s stimulus check program to defraud people to give up banking and personal information.

Two men convicted of more than 200 counts in a fraudulent scheme related to their work for a engineering firm in Rolling Hills Estates were each sentenced to one year in county jail and five years probation on Monday. Wilfrido Rodriguez, 48, of Downey, and Ruben Gutierrez, 45, of Huntington Beach, were found guilty in November of more than 200…

A 29-year-old man was sentenced today to 41 months behind bars for his role in a cross-border fraud scheme that duped elderly residents of Los Angeles, Orange and Riverside counties into believing their grandchildren were in danger in foreign countries and immediately required cash. Clifford Kirstein, a Canadian citizen, pleaded guilty last year in Los Angeles federal court to a…

Two Los Angeles pharmacy owners were sentenced to a dozen years behind bars today for operating a multimillion-dollar health care fraud and money laundering scheme to bill Medicare for medications that were never provided and to launder the illicit proceeds. Aleksandr Suris, 51, and Maxim Sverdlov, 45, both of Sherman Oaks, were also held jointly responsible for more than $11.8…