Fraud

Consumers lost hundreds of millions of dollars last year and they are expected to lose more this year as scammers continue to strike. Carolyn Johnson reports for the NBC4’s I-team on Jan. 18, 2023.

“Real Housewives of Salt Lake City” star Jennifer Shah was also ordered to forfeit $6,500,000, 30 luxury items, and 78 counterfeit luxury items, and to pay $6,645,251 in restitution, according to prosecutors.

U.S. government regulators charged eight social media influencers Wednesday in a $100 million fraud scheme in which they’re accused of promoting exchange-traded stocks, then selling their shares when prices rose.

U.S. government regulators charged eight social media influencers Wednesday in a $100 million fraud scheme in which they’re accused of promoting exchange-traded stocks, then selling their shares when prices rose.

A Florida pastor and his son were arrested Wednesday on charges of fraudulently obtaining more than $8 million in federal COVID relief funds and attempting to use some of the money to buy a luxury home near Disney World.

Hackers linked to the Chinese Government stole millions in COVID-19 benefits, marking the first time pandemic related fraud is linked to foreign, state-sponsored cybercriminals.

U.S. Army officials say investigators have launched a broad review of at least 1,900 National Guard and Reserve soldiers who were swept up in a recruiting bonus scandal up to a decade ago and may have been wrongly blamed and punished. Army officials announced Thursday that its Criminal Investigation Division will review all cases and correct the records. Division Director...

Kevin Bacon recently revealed his reaction to finding out he and wife Kyra Sedgwick lost money in one of history’s largest Ponzi schemes.

During the pandemic the NBC4’s I-Team was flooded with complaints about their Bank of America EDD debit card accounts – consumers say they’d unknowingly been drained and the bank did nothing to help. Two years later it’s still a problem.

Donald Trump and members of his family committed a long-running bank, tax and insurance fraud that was “astounding” in its scope, New York Attorney General Letitia James alleged in a blockbuster and long-awaited lawsuit on Wednesday. And while the suit is only civil, James is referring the former president and his family to the IRS’s criminal division, and to...

Sixteen people were charged in what prosecutors called a massive Electronic Benefit Transfer fraud scheme that targeted funds intended for families in need.

Fraudsters who target LinkedIn users in sophisticated investment schemes pose a “significant threat” to the platform, the FBI tells CNBC.

A woman who is serving a life sentence for murder in California is charged with masterminding a $2 million fraud scheme involving COVID-19 unemployment money from behind bars, federal prosecutors said Tuesday.

A federal criminal complaint has accused former Anaheim Chamber of Commerce CEO Todd Ament of making false financial statements in order to secure a loan to buy a home in Big Bear, and FBI affidavits filed in court this week confirm there is a much larger corruption investigation centered on the City of Anaheim and some of its officials, including...

When Rosie Okumura’s mother fell victim to an online scam, the voice actor didn’t just get mad — she got even. Okumura is just one of a number of “scambaiters” turning the tables on fraudsters by pretending to fall for their scams to distract them from victimizing others.

New York Lt. Gov. Brian Benjamin has resigned after he surrendered to authorities to face campaign finance fraud-related charges in connection with a past campaign, Gov. Kathy Hochul announced. “I have accepted Brian Benjamin’s resignation effective immediately. While the legal process plays out, it is clear to both of us that he cannot continue to serve as Lieutenant Governor....

She was charged in June with helping a New York man get a loan for close to $1 million with the Paycheck Protection Program, using faked payroll and other documents.

Three members of San Fernando Valley family accused of removing their tracking bracelets and going on the lam after they were convicted in an $18 million COVID-19 relief fraud case were captured in Montenegro, sources said Wednesday.

The pair actually played relatively minor roles in the scam: Prosecutors describe them as “money mules” who never made contact with the victim themselves but helped receive and launder the money in return for a five to 10 percent cut of the proceeds.