scheme

A Beverlywood man was indicted Wednesday for allegedly operating a $230 million Ponzi scheme based on false claims that investor money would be used to acquire licensing rights to films that HBO and Netflix had agreed to distribute overseas.

Federal authorities announced charges against five people in New Jersey and Florida in what they said was a $93 million health care fraud scheme involving orthotic braces. The U.S. attorney’s office also announced Thursday that two people connected to the scheme in New Jersey had pleaded guilty. According to prosecutors, some of the defendants had hidden financial interests in...

A San Gabriel-based attorney who pleaded guilty to taking part in a multimillion-dollar fraud scheme that sold temporary green cards to foreign investors was sentenced Friday to one day behind bars and ordered to perform 120 hours of community service.

A Jamaican man has been sentenced to five years and six months in federal prison in the U.S. for running a lottery scheme in Florida and his home country