Fraud Trial to Begin for Chinese Billionaire Who Allied Himself With America’s Right
by Born into poverty in rural China, Mr. Guo, whose current age has been variously characterized as 53 to 56, developed a refined style, preferring tailored …
Tag: Fraud
Investor’s Lawsuit Accuses 777 Partners of $600 Million Fraud
The American investment firm 777 Partners, whose bid to buy the English Premier League soccer team Everton has been on hold for months amid doubts …
Start-Up Founder Sentenced to 18 Months in Prison for Fraud
Another start-up founder is going to prison for overstating his company’s performance to investors. Manish Lachwani, who last year pleaded guilty to three counts of …
Owners of Funeral Home With Decaying Bodies Are Charged With Covid Relief Fraud
The Hallfords could each face up to 20 years in prison and a fine of up to $250,000 if convicted in the federal case, according …
Vietnamese Real Estate Tycoon Sentenced to Death in $12 Billion Fraud Case
Truong My Lan, a Vietnamese real estate tycoon, was sentenced to death on Thursday for her role in a financial fraud case, in a major …
More Funding Needed to Prosecute Pandemic Fraud, Justice Dept. Says
More resources are needed to investigate and prosecute individuals who stole billions in pandemic relief funds, the Justice Department said in a report on Tuesday. …
Woman Who Received 5-Year Sentence in Voter Fraud Case Is Acquitted
In a case that has prompted outrage from voting-rights activists for years, a Texas appeals court reversed itself on Thursday and acquitted a woman who …
Judge Rejects Silvergate’s Dismissal in FTX Lawsuit, Bank Faces Fraud Allegations
A California judge has dealt a blow to Silvergate Bank’s attempt to distance itself from the FTX collapse. The ruling denies the bank’s motion to …