Financial Fraud Law

Recent Posts

China’s Top Leaders Have Secret Offshore Accounts, ICIJ Reports
Posted on 23 Jan 2014 by Steven A. Meyerowitz

Close relatives of China’s top leaders have secret offshore companies in tax havens that help shroud the Communist elite’s wealth, according to the International Consortium of Investigative Journalists. The group said it based its findings... Read More

Singapore Executive is Second to Plead Guilty in International Navy Corruption Scandal
Posted on 19 Mar 2014 by Steven A. Meyerowitz

Alex Wisidagama, a former executive with Glenn Defense Marine Asia (GDMA), has pleaded guilty to participating in a scheme to defraud the United States, admitting that he and others duped the U.S. Navy into overpaying by at least $20 million for supplies... Read More

80 New York Police and Fire Department Retirees Among 106 Charged in Alleged Social Security Disability Fraud
Posted on 7 Jan 2014 by Steven A. Meyerowitz

One hundred and six people have been charged with participating in a massive financial fraud against the federal Social Security Disability Insurance Benefits (“SSDI”) program that allegedly resulted in the loss of hundreds of millions of... Read More

#9 in Financial Fraud Law for The Year Is…
Posted on 20 Dec 2013 by Steven A. Meyerowitz

It was not all that difficult to begin our countdown of the Top 10 in Financial Fraud Law for the year with overseas bank accounts . So, we here at the Financial Fraud Law Blog thought, after we made that decision, that at least the next few “winners”... Read More

Cigar Boxes Held Bribes for Bank Manager
Posted on 26 Nov 2013 by Steven A. Meyerowitz

For Wilbur Tate III, a former officer of U.S. Bank in Ohio, the bribes started with expensive cigars. Then, he received cigar boxes that were stuffed with money. Now, Tate has pleaded guilty to receiving bribes while he was employed at the bank. Tate... Read More

US Government Sues Kellogg, Brown & Root Services, Alleging Kickbacks and False Claims Relating to Iraq Support Services Contract
Posted on 27 Jan 2014 by Steven A. Meyerowitz

The U.S. government has filed a complaint against Kellogg, Brown & Root Services Inc. (KBR) and Kuwaiti companies La Nouvelle General Trading & Contracting Co. and First Kuwaiti Trading Co. for allegedly submitting false claims in connection with... Read More

Three Charged in Alleged Widespread Corruption Schemes at US Military Base
Posted on 22 Jan 2014 by Steven A. Meyerowitz

Three Georgia men have been charged in a 51-count indictment for their alleged participation in fraud and corruption schemes at the Marine Corps Logistics Base (MCLB) in Albany, Georgia. Federal prosecutors assert that the U.S. government lost millions... Read More

Alcoa World Alumina Pleads Guilty to Foreign Bribery and Will Pay $384 Million in Fines and Penalties
Posted on 9 Jan 2014 by Steven A. Meyerowitz

Alcoa World Alumina LLC, a majority-owned and controlled global alumina sales company of Alcoa Inc., has agreed to plead guilty and to pay $223 million in criminal fines and forfeiture to resolve charges that it paid millions of dollars in bribes through... Read More

Former Virginia Governor and His Wife Are Charged with Corruption
Posted on 22 Jan 2014 by Steven A. Meyerowitz

A federal grand today has returned a 14-count indictment against former Virginia Governor Robert F. McDonnell and former First Lady Maureen G. McDonnell for allegedly participating in a scheme to violate federal public corruption laws. The indictment... Read More

Adoption Agency Employees Charged with Conspiracy to Defraud the US in Connection with Ethiopia Operations
Posted on 12 Feb 2014 by Steven A. Meyerowitz

Four current and former employees of International Adoption Guides Inc. (IAG), an adoption services provider, have been indicted by a grand jury in South Carolina for allegedly conspiring to defraud the United States in connection with IAG’s adoption... Read More

Oil Services Company’s Ex-General Counsel Pleads Guilty to Bribery and Fraud
Posted on 8 Jan 2014 by Steven A. Meyerowitz

Two former chief executive officers of PetroTiger Ltd. – a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey – have been charged for their alleged participation in a scheme to pay bribes to foreign... Read More