Founder Group Ltd — Federal Records

DOJ: Founder of Acton-Based Animal Welfare Organization Arrested on Federal Charge that He Plotted Former Employee’s Kidnapping 2026-03-04

LOS ANGELES – An actor who is the founder and president of an animal welfare organization based near the Antelope Valley has been arrested on a federal criminal complaint charging him with the attempt...

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DOJ: Founder of Beverage Company Sentenced to 51 Months in Prison for Defrauding Investors of Millions of Dollars 2026-02-11

NEWARK, N.J. – The founder and executive chairman of a now-defunct beverage company was sentenced yesterday for lying to solicit investments, Senior Counsel Philip Lamparello announced.Todd O’Gara, 46...

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DOJ: Founder of Punjabi Devils Motorcycle Club Stockton Pleads Guilty to Unlawfully Dealing in Firearms and Possessing a Machine Gun 2026-02-02

Jashanpreet Singh, 27, of Lodi, pleaded guilty today to unlawfully dealing firearms and unlawfully possessing a machine gun, U.S. Attorney Eric Grant announced.According to court documents, Singh was ...

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DOJ: Founder of Casa Ruby Sentenced to 33 Months, Ordered to Repay $956,215 to SBA for Diversion of Covid-Relief Funds 2026-01-13

WASHINGTON – Ruby Jade Corado, 56, the founder of Casa Ruby, Inc., a Washington D.C.-based non-profit that provided services to the LGBTQ+ community, was sentenced today to 33 months in prison in conn...

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DOJ: Founder of Chicago Cryptocurrency Company Indicted in Alleged $10 Million Money Laundering Conspiracy 2025-11-18

CHICAGO — The founder of a Chicago cryptocurrency company has been indicted in an alleged $10 million money laundering conspiracy.FIRAS ISA founded Chicago-based VIRTUAL ASSETS LLC, which did business...

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DOJ: Founder and CEO of Non-Profit for Re-Entry Support Services Indicted on Drug Distribution Charges 2025-09-24

BOSTON – The founder and CEO of Adapt & Evolve LLC, a Boston-based non-profit organization that purports to provide community re-entry support services, has been arrested and charged for allegedly dis...

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DOJ: Founder of one of world’s largest hacker forums resentenced to three years in prison 2025-09-16

ALEXANDRIA, Va. – A New York man was resentenced today to three years in prison for his creation and operation of BreachForums, a marketplace for cybercriminals to buy, sell, and trade hacked or stole...

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DOJ: Founder of One of World’s Largest Hacker Forums Resentenced to Three Years in Prison 2025-09-16

Earlier today, a New York man was resentenced to three years in prison for his creation and operation of BreachForums, a marketplace for cybercriminals to buy, sell, and trade hacked or stolen data an...

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DOJ: Founder of Purported Artificial Intelligence-Powered Hedge Fund Sentenced to 30 Months in Prison 2025-08-18

Earlier today, in federal court in Brooklyn, Mina Tadrus was sentenced by United States District Judge Hector Gonzalez to 30 months in prison for committing investment adviser fraud of more than $5.7 ...

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DOJ: Founder of Lender Service Provider Pleads Guilty for Role in PPP Fraud Scheme 2025-08-11

A founder of the lender service provider Blueacorn pleaded guilty today in connection with a scheme to fraudulently obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (S...

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DOJ: Founder of Lender Service Pleads Guilty for Role in PPP Fraud Scheme 2025-08-11

A founder of the lender service provider Blueacorn pleaded guilty today in connection with a scheme to fraudulently obtain COVID-19 relief money guaranteed by the U.S. Small Business Administration (S...

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DOJ: Founder of Punjabi Devils Motorcycle Club Stockton Charged with Firearms Offenses, including Unlawfully Possessing a Machine Gun 2025-07-31

A federal grand jury returned a three-count indictment today against Jashanpreet Singh, 26, of Lodi, charging him with unlawful dealing of firearms; unlawful possession of a machine gun; and possessio...

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DOJ: Founder of Lender Service Provider Convicted for Role in Multimillion-Dollar PPP Fraud Scheme 2025-06-23

A federal jury convicted Stephanie Hockridge, a founder of the lender service provider Blueacorn, on Friday in connection with a scheme to fraudulently obtain tens of millions of dollars in COVID-19 r...

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DOJ: Founder of Lender Service Provider Convicted for Role in Multimillion-Dollar PPP Fraud Scheme 2025-06-23

A federal jury convicted Stephanie Hockridge, a founder of the lender service provider Blueacorn, on Friday in connection with a scheme to fraudulently obtain tens of millions of dollars in COVID-19 r...

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DOJ: Founder of Cryptocurrency Payment Company Charged with Evading Sanctions and Export Controls, Defrauding Financial Institutions, and Violating the Ban 2025-06-09

BROOKLYN, NY – Earlier today, at the federal courthouse in Brooklyn, a 22-count indictment was unsealed charging Iurii Gugnin with wire and bank fraud, conspiracy to defraud the United States, violati...

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DOJ: Founder of Sexual Wellness Company “OneTaste” and Former Head of Sales Convicted of Forced Labor Conspiracy 2025-06-09

Earlier today, in federal court in Brooklyn, a federal jury convicted Nicole Daedone, the founder and former Chief Executive Officer of OneTaste, Inc. (OneTaste), a sexual wellness education company, ...

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DOJ: Founder of O.C.-Based Non-Profit Charged in 15-Count Indictment Alleging He Bribed County Supervisor in $12 Million Scheme 2025-06-06

SANTA ANA, California – The founder of a now-shuttered non-profit organization has been indicted on federal charges alleging he bribed then-Orange County Supervisor Andrew Hoang Do to obtain approxima...

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DOJ: Founder of Granite Recovery Centers Indicted for Scheme to Harass and Intimidate Journalists and Their Families 2025-05-30

BOSTON – The founder and former Chief Executive Officer (CEO) of a for-profit drug and alcohol treatment company, Granite Recover Centers (GRC) in New Hampshire, has been indicted by a federal grand j...

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DOJ: Founder of Haitian Orphanage Sentenced to 210 Years in Prison for Sexually Abusing Boys in His Care 2025-05-28

MIAMI – On May 23, a Colorado man was sentenced to 210 years in prison for sexually abusing numerous children at the orphanage he founded and directed in Haiti.According to court documents and evidenc...

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DOJ: Founder of Haitian Orphanage Sentenced to 210 Years in Prison for Sexually Abusing Boys in his Care 2025-05-23

A Colorado man was sentenced today to 210 years in prison for sexually abusing numerous children at the orphanage he founded and directed in Haiti.According to court documents and evidence presented a...

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DOJ: Founder and Former CEO of Biscayne Capital Sentenced to 10 Years in Prison for $130 Million Dollar Fraud Scheme 2025-04-24

Earlier today, in federal court in Brooklyn, Roberto Gustavo Cortes Ripalda (Cortes), the co-founder, co-owner, and former Chief Executive Officer of the international investment advisory firm Biscayn...

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DOJ: Founder and Former CEO of Biscayne Capital Sentenced to 10 Years in Prison for $130M Fraud Scheme 2025-04-24

Roberto Gustavo Cortes Ripalda (Cortes), 58, the co-founder, co-owner, and CEO of international advisory firm Biscayne Capital, was sentenced earlier today in Brooklyn, New York to 10 years in prison ...

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DOJ: Founder and Top Executive for Fresno-Based Business American Labor Alliance Receive Multi-Year Prison Sentences Following Fraud Trial 2025-04-10

SACRAMENTO, Calif. — Fresno residents Marcus Asay, 69, and Antonio Gastelum, 53, were sentenced today by U.S. District Judge Dale A. Drozd to five years in prison and two years in prison, respectively...

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DOJ: Founder of Cryptocurrency Financial Services Firm “Gotbit” Extradited to the United States to Face Charges of Market Manipulation and Fraud Conspiracy 2025-02-26

BOSTON – A Russian national residing in Portugal has been extradited to the United States for his role in a wide-ranging conspiracy to allegedly manipulate cryptocurrency markets on behalf of client c...

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DOJ: Founder of Haitian Orphanage Convicted for Sexually Abusing Boys in his Care 2025-02-21

A federal jury in Miami convicted a Colorado man yesterday for sexually abusing numerous boys at the orphanage he founded and directed in Haiti.According to court documents and evidence presented at t...

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DOJ: Founder of Haitian Orphanage Convicted for Sexually Abusing Boys in his Care 2025-02-21

MIAMI – A federal jury in Miami convicted a Colorado man yesterday for sexually abusing numerous boys at the orphanage he founded and directed in Haiti.According to court documents and evidence presen...

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DOJ: Founder of Miami-Based Cryptocurrency Token CluCoin Sentenced for Wire Fraud 2025-02-14

MIAMI – The founder of CluCoin, a cryptocurrency token project in Miami, was sentenced to 27 months in prison, followed by three years of supervised release and ordered to pay restitution and forfeit ...

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DOJ: Founder of Purported Artificial Intelligence-Driven Hedge Fund Pleads Guilty to Investment Adviser Fraud 2025-02-13

Earlier today, Mina Tadrus pled guilty at the federal courthouse in Brooklyn, New York to committing investment adviser fraud in connection with a scheme to defraud investors in Tadrus Capital LLC, a ...

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DOJ: Founder of Iranian Company Arrested for Providing Material Support to the Islamic Revolutionary Guard Corps (IRGC), and for Scheme to Procure Sensitiv 2024-12-16

BOSTON – Mahdi Mohammad Sadeghi, 42, a dual U.S.-Iranian national of Natick, Mass. and Mohammad Abedininajafabadi, A/K/A Mohammad Abedini (Abedini), 38, of Tehran, Iran, have been charged in federal c...

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DOJ: Founder of Iranian Company Arrested for Providing Material Support to the Islamic Revolutionary Guard Corps (IRGC), and for Scheme to Procure Sensitiv 2024-12-16

Mahdi Mohammad Sadeghi, 42, a dual U.S.-Iranian national of Natick, Massachusetts, and Mohammad Abedininajafabadi, also known as Mohammad Abedini (Abedini), 38, of Tehran, Iran, have been charged with...

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DOJ: Founder of U.S. Freight Forwarding Company Pleads Guilty to Conspiring to Illegally Export Goods from the United States to Prohibited Chinese Companie 2024-11-26

Richard Shih, 77, the founder and former chief executive officer of a California-based international logistics and freight forwarding company with offices in Grapevine, Texas, pleaded guilty today to ...

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DOJ: Founder of Cryptocurrency Financial Services Firm "Gotbit" Indicted for Market Manipulation and Fraud Conspiracy 2024-10-31

BOSTON – A Russian national residing in Portugal has been indicted for his role in a wide-ranging conspiracy to manipulate cryptocurrency markets on behalf of client cryptocurrency companies.Aleksei A...

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DOJ: Founder of Cryptocurrency Financial Services Firm “MyTrade” Pleads Guilty to Market Manipulation and Fraud Conspiracy 2024-10-30

BOSTON – The founder and primary operator of “MyTrade,” a financial services firm known in the cryptocurrency industry as a “market maker,” pleaded guilty today in federal court in Boston for his role...

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DOJ: Founder and Chief Executive Officer of Injectable Stem Cell Product Manufacturer Sentenced for Distributing Unapproved Drug 2024-09-30

The founder and chief executive officer of a California-based company that marketed stem cell-based products allegedly linked to 19 hospitalizations was sentenced today to 36 months in prison followin...

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DOJ: Founder and Chief Executive Officer of Injectable Stem Cell Product Manufacturer Pleads Guilty to Felony Distribution of Unapproved Drug 2024-08-27

The founder and chief executive officer of a California-based company that marketed stem cell-based products linked to multiple hospitalizations pleaded guilty yesterday to a felony violation of the F...

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DOJ: Founder and CEO of Injectable Stem Cell Product Manufacturer Pleads Guilty to Felony Distribution of Unapproved Drug 2024-08-27

LOS ANGELES – The founder and chief executive officer of a California-based company that marketed stem cell-based products linked to multiple hospitalizations has pleaded guilty to a felony violation ...

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DOJ: Founder of Miami-Based Cryptocurrency Token CluCoin Pleads Guilty to Wire Fraud 2024-08-21

MIAMI – Austin Michael Taylor, 40, was the founder of cryptocurrency project CluCoin and owner of CLU LLC, a company incorporated and headquartered in Miami-Dade County Fla., that handed CluCoin’s ope...

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DOJ: Founder of GPB Capital and CEO of Ascendant Capital Convicted of Fraud Charges 2024-08-01

A federal jury in Brooklyn today convicted David Gentile, the founder, owner and Chief Executive Officer (CEO) of GPB Capital Holdings, LLC (GPB) and Jeffry Schneider, the owner and CEO of Ascendant C...

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DOJ: Founder of Casa Ruby Pleads Guilty to Stealing At Least $150,000 in COVID-Relief Funds for Personal Use 2024-07-17

WASHINGTON – Ruby Corado, 53, the founder of Casa Ruby, Inc., a Washington D.C.-based non-profit that provided services to the LGBTQ+ community, pleaded guilty today in U.S. District Court to divertin...

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DOJ: Founder and Former CEO of Sustainable Fuel Company Sentenced for Multimillion-Dollar Embezzlement and Investor Fraud Scheme 2024-06-04

The founder and former CEO of a sustainable fuel company was sentenced today to three years in prison in connection with a scheme to embezzle at least $5.9 million and to defraud several investors out...

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DOJ: Founder of LGBTQ+ Non-Profit Arrested, Ordered Held on Fraud and Money Laundering Counts 2024-03-06

WASHINGTON – Ruby Corado, 53, the founder of Casa Ruby, Inc., a Washington D.C.-based non-profit that provided services to the LGBTQ+ community, had her first appearance in U.S. District Court today t...

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DOJ: Founder of South Carolina Construction Firm Sentenced for Convictions Related to Kickback Payments, Wire Fraud, and Money Laundering 2024-03-05

COVINGTON, Ky. – The founder of Berenyi, Inc., headquartered in Charleston, S.C., Antoine “Tony” Berenyi, 63, was sentenced on Friday, by U.S. District Judge David Bunning, to 30 months following his ...

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DOJ: Founder and Former CEO of Sustainable Fuel Company Pleads Guilty to Multimillion Dollar Embezzlement and Investor Fraud Scheme 2024-02-08

The founder and former CEO of a sustainable fuel company pleaded guilty today to wire fraud in connection with a scheme to embezzle at least $5.9 million from the company and to defraud several invest...

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DOJ: Founder and Executive of Prior2IPO Indicted in Investment Fraud 2023-12-06

A three-count indictment was unsealed this morning in federal court in Brooklyn charging Raymond John Pirrello, Jr., also known as “Ray John,” with securities fraud conspiracy, wire fraud conspiracy a...

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DOJ: Founder and Majority Owner of Cryptocurrency Exchange Pleads Guilty to Unlicensed Money Transmitting 2023-12-06

The founder and majority owner of Bitzlato Ltd. (Bitzlato), a cryptocurrency exchange that served as a primary conduit for dark market purchasers and sellers, as well as a safe haven for illicit trans...

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DOJ: Founder and Majority Owner of Cryptocurrency Exchange Pleads Guilty to Unlicensed Money Transmitting 2023-12-06

Anatoly Legkodymov, a Russian national also known as “Anatolii Legkodymov,” “Gandalf” and “Tolik,” pleaded guilty today in federal court in Brooklyn to operating a money transmitting business that tra...

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DOJ: Founder of Medical Charity in St. Joseph Pleads Guilty to $8 Million Fraud Scheme 2023-11-14

KANSAS CITY, Mo. – The founder of a so-called Christian health care sharing ministry in St. Joseph, Mo., pleaded guilty in federal court today to leading an $8 million wire fraud conspiracy that cheat...

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DOJ: Founder of Beverly Hills ‘Gentlemen Timepieces’ Consignment Store Charged with Conning Victims in Luxury Watch Ponzi-Type Scheme 2023-11-08

LOS ANGELES – A Los Angeles man who previously operated a business in Beverly Hills known as “Gentlemen Timepieces” appeared in court this afternoon after his arrest Tuesday by FBI agents on charges o...

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DOJ: Founder of Purported Artificial Intelligence-Driven Hedge Fund Charged With Defrauding Clients 2023-09-08

A criminal complaint was unsealed earlier today in federal court in Brooklyn charging Mina Tadrus, the founder and chief executive officer of Tadrus Capital, LLC, with wire fraud in connection with a ...

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DOJ: Founder and President of European Defense Conglomerate Charged with Helping the Russian Military Evade U.S. Sanctions and Export Controls 2023-05-16

A criminal complaint was unsealed today in federal court in Brooklyn charging Dr. Nikolaos “Nikos” Bogonikolos with wire fraud conspiracy and smuggling. Bogonikolos, a Greek national, was arrested in ...

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DOJ: Founder and Former CEO of Sustainable Fuel Company Charged in Multimillion-Dollar Embezzlement Scheme 2023-05-05

A federal grand jury in Washington, D.C., returned an indictment yesterday charging the founder and former CEO of a sustainable fuel company with embezzling at least $5.9 million from the company. Acc...

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DOJ: Former Founder and CEO of Supply-Chain Logistics Company Charged With $20 Million Wire Fraud 2023-02-14

The founder of Slync, a supply-chain management software startup, has been charged for misappropriating $20 million from the company, announced U.S. Attorney for the Northern District of Texas Leigha ...

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DOJ: Founder of Purported Cryptocurrency Company Sentenced to More Than Eight Years in Prison for Multi-Million-Dollar Fraud Scheme 2023-01-31

BOSTON – The founder of “My Big Coin,” a purported cryptocurrency and virtual payment services company headquartered in Las Vegas, Nev., was sentenced today in federal court in Boston for marketing an...

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DOJ: Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Over $700 Million of Illicit Funds 2023-01-18

The founder and majority owner of a cryptocurrency exchange, Bitzlato Ltd. (Bitzlato), was arrested last night in Miami for his alleged operation of a money transmitting business that transported and ...

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DOJ: Founder and Majority Owner of Bitzlato, a Cryptocurrency Exchange, Charged with Unlicensed Money Transmitting 2023-01-18

Defendant Wrote on Bitzlato’s Internal Chat Room That its Users Were “Known to be Crooks”BROOKLYN, NY – A complaint was unsealed this morning in federal court in Brooklyn charging Anatoly Legkodymov, ...

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DOJ: Founder of Nationwide Tax Return Preparation Company Sentenced to Prison for Fraud and Tax Crimes 2022-01-10

An Ohio man was sentenced today to one year and one day in prison for conspiring with others to commit fraud in connection with the operation of a national tax return preparation company he owned and ...

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DOJ: Founder of Werner Enterprises to Pay Civil Penalty for Violating Antitrust Pre-Transaction Notification Requirements 2021-12-22

The Justice Department’s Antitrust Division, at the request of the Federal Trade Commission (FTC), filed a civil antitrust lawsuit today in the U.S. District Court for the District of Columbia against...

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DOJ: Founder of Investment Advisory Firm Charged with Wire Fraud, Investment Adviser Fraud and Money Laundering 2021-12-06

An indictment was unsealed today in federal court in Central Islip charging Jeffrey Slothower, a former registered investment adviser and founder of the New York investment advisory firm Battery Priva...

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DOJ: Founder of Russian Bank Sentenced for Felony Tax Conviction Arising from Scheme to Evade Exit Tax while Renouncing his U.S. Citizenship 2021-10-29

The founder of a Russian bank was sentenced today for his felony conviction for filing a false tax return. As required under his plea agreement, prior to sentencing, Oleg Tinkov, aka Oleg Tinkoff, pai...

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DOJ: Founder of Russian Bank Pleads Guilty to Tax Fraud 2021-10-01

The founder of a Russian bank pleaded guilty today to filing a materially false tax return. “In 2013, when the value of Oleg Tinkov’s investment in his bank’s stock rose to over a billion dollars, Tin...

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DOJ: Founder of International Cryptocurrency Companies Indicted in Multi-Million Dollar Securities Fraud Scheme 2021-02-23

BROOKLYN, NY – Earlier today, in federal court in Brooklyn, an indictment was unsealed charging Krstijan Krstic with conspiracy to commit securities fraud, securities fraud, conspiracy to commit wire ...

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DOJ: Founder and CEO of Iranian Financial Services Firm Sentenced to Prison for Conspiring to Violate U.S. Sanctions 2020-10-15

Assistant Attorney General for National Security John C. Demers and U.S. Attorney Erica H. MacDonald today announced the sentencing of Seyed Sajjad Shahidian, 33, to 23 months in prison for his role i...

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DOJ: Founder and CEO of Fresno Substance Abuse Treatment Center Pleads Guilty to Defrauding Health Insurance Carriers 2020-08-28

FRESNO, Calif. — Orlando Gillam, 46, of Fresno, pleaded guilty Thursday to mail fraud in connection with false claims he submitted to public and private health insurers, U.S. Attorney McGregor W. Scot...

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DOJ: Founder and Chairman of a Multinational Investment Company and a Company Consultant Convicted of Bribery and Public Corruption are Sentenced to Prison 2020-08-19

The founder and chairman of a multinational investment company and a company consultant were sentenced to prison today for orchestrating a bribery scheme involving independent expenditure accounts and...

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DOJ: Founder of Plastics Company Indicted in $61 Million Tax Evasion Scheme 2020-08-10

NEWARK, N.J. – A federal grand jury today indicted a Florida man for evading over $61 million in income taxes from 2016 through 2018, U.S. Attorney Craig Carpenito announced. Alfred Teo, 74, of Boca R...

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DOJ: Founder of Plastics Company Charged in $61 Million Tax Evasion Scheme 2020-06-17

NEWARK, N.J. – A Florida man made his initial court appearance today in connection with charges that he evaded over $61 million in income taxes from 2016 through 2018, U.S. Attorney Craig Carpenito an...

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DOJ: Founder and CEO of Iranian Financial Services Firm Pleads Guilty to Conspiracy to Violate U.S. Sanctions 2020-06-16

Assistant Attorney General for National Security John C. Demers and U.S. Attorney Erica H. MacDonald today announced the guilty plea of Seyed Sajjad Shahidian, 33, for his role in conducting financial...

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DOJ: Founder and CEO of Iranian Financial Services Firm Extradited on Money Laundering, Wire Fraud, and Conspiracy Charges 2020-05-18

Assistant Attorney General for National Security John C. Demers and U.S. Attorney Erica H. MacDonald today announced the unsealing of a six-count federal indictment against Seyed Sajjad Shahidian, 33,...

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DOJ: Founder of Russian Bank Charged with Tax Fraud 2020-03-05

The founder of a Russian bank was arrested last week in London in connection with an indictment charging him with filing false tax returns, announced Principal Deputy Assistant Attorney General Richar...

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DOJ: Founder and Former Chairman of the Board of Insys Therapeutics Sentenced to 66 Months in Prison 2020-01-23

BOSTON – The founder of Insys Therapeutics, John Kapoor, was sentenced today in federal court in Boston for orchestrating a scheme to bribe practitioners to prescribe Subsys, a fentanyl-based pain med...

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DOJ: Founder of Oakland County Drug Trafficking Organization Sentenced to 36 Years for Distributing Fentanyl-Laced Heroin that Resulted in Dozens of Overdo 2020-01-14

Kristopher “Flip” Anderson, 43, of Pontiac, was sentenced in United States District Court by the Hon. Robert H. Cleland to 36 years in prison for his role in a multi-year heroin and fentanyl distribut...

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DOJ: Founder of Swiss Brokerage Firm Pleads Guilty in Connection with Global Securities Fraud Scheme 2020-01-13

BOSTON – The founder and operator of a Swiss asset management firm pleaded guilty today in federal court in Boston to charges that he engaged with others in a massive global securities fraud scheme th...

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DOJ: Founder of “Closed Mouth Gang” Sentenced to Prison 2019-11-01

RICHMOND, Va. – A Richmond man was sentenced today to eight years in prison for possession of a firearm while being a convicted felon. According to court documents, in February, Richmond Police encoun...

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DOJ: Founder of Delta Homes and Former Employees Sentenced for Mortgage Fraud Scheme 2019-09-30

SACRAMENTO, Calif. — Today, Senior U.S. District Judge William B. Shubb sentenced three defendants for conspiring to commit wire fraud in a mortgage fraud scheme, U.S. Attorney McGregor W. Scott annou...

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DOJ: Founder of Mantria Corp. Sentenced to 22 Years For Operating $54 Million Ponzi Scheme 2019-08-20

PHILADELPHIA – United States Attorney William M. McSwain announced that Troy Wragg, 37, of Philadelphia, PA was sentenced today to 22 years in prison and $54 million restitution by United States Distr...

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DOJ: Founder and Four Executives of Insys Therapeutics Convicted of Racketeering Conspiracy 2019-05-02

BOSTON – The founder and four former executives of Insys Therapeutics Inc. were convicted today by a federal jury in Boston in connection with bribing medical practitioners to prescribe Subsys, a high...

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DOJ: Founder of Local Technology Company Charged With Operating a $60 Million Investment Fraud 2019-04-26

Assistant U.S. Attorney Joseph Orabona (619) 546-7951 NEWS RELEASE SUMMARY – April 26, 2019 SAN DIEGO – Jonny Ngo, the former president and chief executive officer of NL Technology, LLC, was arraigned...

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DOJ: Founder and CEO of Fresno Substance Abuse Treatment Center Arraigned Today for Defrauding Health Insurance Carriers 2019-04-25

FRESNO, Calif. — A federal grand jury returned an eight-count indictment on April 11 against Orlando Gillam, 45, of Fresno, charging him with mail fraud for a scheme that defrauded insurance carriers,...

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DOJ: The Founder and Chairman of a Multinational Investment Company, a Company Consultant and Two North Carolina Political Figures are Charged with Public 2019-04-02

A federal criminal indictment unsealed today in the Western District of North Carolina charges the founder and Chairman of a multinational investment company, a company consultant and two North Caroli...

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DOJ: Founder of Lee County-Based Company Sentenced for Wire and Securities Fraud 2019-03-28

Montgomery, Alabama – Today, Kyle Geoffrey Sandler, 43, of Auburn, Alabama, was sentenced to 63 months of imprisonment for wire and securities fraud, announced Louis V. Franklin, Sr., U.S. Attorney fo...

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DOJ: Founder of Swiss Brokerage Firm Indicted in Connection with Global Securities Fraud Scheme 2018-10-23

BOSTON – The founder and operator of a Swiss asset management firm has been indicted by a federal grand jury on charges of engaging in a massive global securities fraud scheme that netted trading proc...

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DOJ: Founder and Former Administrator of Public Charter Schools in Albuquerque Sentenced to 60 Months for Conviction on Federal Theft, Fraud and False Stat 2018-10-12

ALBUQUERQUE – Senior U.S. District Judge James A. Parker today sentenced David Scott Glasrud, 51, the former administrator of Southwest Learning Centers in Albuquerque, N.M., to 60 months of imprisonm...

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DOJ: Founder of Bogus Green Energy Firm Convicted of Running a $54 Million Ponzi Scheme 2018-10-12

PHILADELPHIA – U.S. Attorney William M. McSwain announced that Wayde McKelvy, of Colorado, was convicted by a jury of the following crimes: Conspiracy to Commit Wire Fraud (one count); Wire Fraud (sev...

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DOJ: Founder of Swiss Brokerage Firm Charged in Global Securities Fraud Scheme 2018-10-03

BOSTON – The founder and operator of a Swiss asset management firm was arrested today on charges of engaging in a massive global securities fraud scheme that netted trading proceeds of approximately $...

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DOJ: Founder of Lee County-Based Company Pleads Guilty to Securities Fraud 2018-08-24

Montgomery, Alabama – On Wednesday, August 22, 2018, Kyle Geoffrey Sandler, 42, of Auburn, Alabama, pleaded guilty to one count of wire fraud and one count of securities fraud, announced Louis V. Fran...

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DOJ: Founder of Irvine-based Financial Services Firm Arrested in Scheme that Allegedly Stole more than $4 Million from Investors 2018-05-03

SANTA ANA, California – The CEO of an Irvine-based financial services and insurance company was arrested this morning on federal charges of defrauding about a dozen victims who thought their money was...

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DOJ: Founder of “NXIVM,” a Purported Self-Help Organization, and Actor Indicted for Sex Trafficking and Forced Labor Conspiracy 2018-04-20

Actor Allison Mack was arrested this morning on an indictment unsealed today in federal court in Brooklyn charging her and Keith Raniere, also known as “Vanguard,” with sex trafficking, sex traffickin...

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DOJ: The Founder of “Nxivm,” a Purported Self-Help Organization Based in Albany, N.Y., Arrested for Sex Trafficking and Forced Labor Conspiracy 2018-03-26

A complaint was unsealed today in federal court in Brooklyn charging Keith Raniere, also known as “The Vanguard,” with sex trafficking, sex trafficking conspiracy and forced labor conspiracy. Raniere ...

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DOJ: Founder and Owner of Pharmaceutical Company Insys Arrested and Charged with Racketeering 2017-10-26

BOSTON – The founder and majority owner of Insys Therapeutics Inc., was arrested today and charged with leading a nationwide conspiracy to profit by using bribes and fraud to cause the illegal distrib...

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DOJ: Founder and Owner of Pharmaceutical Company Insys Arrested and Charged with Racketeering 2017-10-26

The founder and majority owner of Insys Therapeutics Inc., was arrested today and charged with leading a nationwide conspiracy to profit by using bribes and fraud to cause the illegal distribution of ...

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DOJ: Founder and Former Administrator of Group of Public Charter Schools in Albuquerque Pleads Guilty to Federal Theft, Fraud and False Statements Charges 2017-10-25

ALBUQUERQUE – Acting U.S. Attorney James D. Tierney and Special Agent in Charge Terry Wade of the Albuquerque Division of the FBI announced today that David Scott Glasrud, the former administrator of ...

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DOJ: Founder of DECA Financial Service in Fishers sentenced in fraud case 2017-06-29

PRESS RELEASE INDIANAPOLIS B United States Attorney Josh Minkler announced today the sentencing of a former financial institution owner after pleading guilty to wire fraud, bank fraud and bankruptcy f...

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DOJ: Founder of Heroes Academy Sentenced for $1.9 Million Fraud 2017-03-17

RICHMOND, Va. – Larry Jay Horsey, 41, of Chesterfield, was sentenced today to 90 months in prison for an investment fraud scheme that caused a loss of $1.9 million to nine investors. Horsey was also s...

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DOJ: Founder of Suburban Tech Company Sentenced to 9 Years for Defrauding Investors out of More Than $9 Million 2017-03-02

CHICAGO — The founder of a northwest suburban tech company has been sentenced to nine years in federal prison for defrauding investors out of more than $9 million. GREGORY WEBB, 71, the founder and Ch...

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DOJ: Founder of Non-Profit Charged with Bribing Former Prince George’s County Official in Exchange for Grant Funds 2017-02-01

Greenbelt, Maryland – A criminal complaint has been filed charging Felix Nelson Ayala, of Rockville, Maryland, late yesterday with bribery and making false statements in connection with a scheme to en...

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DOJ: Founder of Fake Prison Charity sentenced for stealing Prisoner Identities, Claiming Millions of Dollars in false Tax Refunds 2017-01-05

ATLANTA - Qadir Shabazz, a/k/a Deangelo Moore, a/k/a Deangelo Muhammad, has been sentenced to a prison term of 23 years, one month for running a massive, multi-state fraud scheme in which he operated ...

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DOJ: Founder of Heroes Academy Pleads Guilty to $1.9 Million Fraud 2016-12-14

RICHMOND, Va. – Larry Jay Horsey, 41, of Chesterfield, pleaded guilty today to charges related to his role in an investment fraud scheme that caused a loss of $1.9 million to nine investors. According...

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DOJ: Founder of Litigation Marketing Company Guilty of Multi-Million Dollar Securities Fraud 2016-11-22

Assistant U.S. Attorneys Aaron P. Arnzen (619) 546-8384 and Billy Joe McLain 619-546-6762 NEWS RELEASE SUMMARY – November 22, 2016 SAN DIEGO – David Aldrich pleaded guilty in federal court today to de...

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DOJ: Founder of West Suburban Investment Firm Sentenced to Five Years in Federal Prison in $3.7 Million Fraud Scheme 2016-11-08

CHICAGO — The founder of a Geneva investment firm has been sentenced to five years in federal prison for using client funds to purchase a yacht and luxury vehicle and to trade his own stocks. STEPHEN ...

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DOJ: Founder of Liberty Reserve Pleads Guilty to Laundering More Than $250 Million through His Digital Currency Business 2016-01-29

The founder of Liberty Reserve, a virtual currency once used by cybercriminals around the world to launder the proceeds of their illegal activity, pleaded guilty today to running a massive money laund...

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DOJ: Founder of West Suburban Investment Firm Indicted for Embezzling Client Funds in $3.9 Million Fraud Scheme 2015-09-18

CHICAGO — The founding member of a Geneva investment firm used client funds to trade his own stocks and to purchase a yacht and luxury vehicle for himself, according to a federal indictment announced ...

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DOJ: Founder of Delta Homes and Lending Inc. Pleads Guilty to Mortgage Fraud Scheme 2015-08-10

SACRAMENTO, Calif. — Moctezuma Tovar, 46, of Sacramento, and Sandra Hermosillo, 53, of Woodland, pleaded guilty today to conspiring to commit wire fraud in connection with a mortgage fraud scheme, Uni...

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DOJ: Founder and Former Owner of Yuca Sentenced for His Role in a Conspiracy to Distribute Methamphetamine 2015-07-30

Miami-Dade County resident sentenced for his role in a conspiracy to distribute methamphetamine. Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, and A.D. Wright, Specia...

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DOJ: Founder of Commodities Firm Pled Guilty for Participating in Four Million Dollar Fraud Scheme 2015-06-17

A Palm Beach County businessman pled guilty for participating in a four million dollar commodities fraud scheme. Wifredo A. Ferrer, United States Attorney for the Southern District of Florida, George ...

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DOJ: Founder of Violent "Dead Man Incorporated" Gang Exiled to Life in Prison on Federal Racketeering Charges 2015-01-26

Baltimore, Maryland - James Sweeney, age 36, of Baltimore, Maryland, was sentenced to life in prison, for conspiracy to participate in a violent racketeering enterprise known as the Dead Man Incorpora...

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DOJ: Founder of Detroit-Area Home Health Agencies Pleads Guilty to Health Care Fraud Conspiracy 2014-10-22

The founder of three Detroit-area home health agencies pleaded guilty today in federal court for his role in a $22 million home health care fraud scheme. Assistant Attorney General Leslie R. Caldwell ...

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DOJ: Founder and President of Labor Union Sentenced to 76 Months
for Stealing from Union’s Treasury and Pension Fund 2013-04-08

The founder and president of the National Association of Special Police and Security Officers (NASPSO) was sentenced to 76 months in prison today for stealing union treasury and pension funds, announc...

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DOJ: Founder and President of Labor Union Convicted in Washington
for Stealing from Union’s Treasury and Pension Fund, Related Crimes 2012-12-05

WASHINGTON – The founder and president of the National Association of Special Police and Security Officers (NASPSO) – which represents private security guards assigned to protect federal buildings in ...

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DOJ: Founder of NinjaVideo Pleads Guilty to Criminal Copyright Conspiracy 2011-09-23

WASHINGTON – Matthew David Howard Smith, 23, of Raleigh, N.C., pleaded guilty today for his role in founding a website that provided millions of users with the ability to illegally download copyright-...

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DOJ: Founder and Treasurer of Washington D.C. Labor Union Charged with Stealing Pension Funds for Personal Use, Violating a Court Order and Obstructing Inv 2011-04-01

WASHINGTON – The founder and treasurer of the National Association of Special Police and Security Officers (NASPSO) was charged today in a superseding indictment with mail fraud, theft from a labor or...

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DOJ: Founder of A&O Entities
Convicted in $100 Million Fraud Scheme 2011-03-23

WASHINGTON – Christian M. Allmendinger, 39, of Houston, was convicted by a federal jury today for his role in a $100 million fraud scheme with more than 800 victims across the United States and Canada...

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DOJ: Founder and Principal Manager of Genesis Fund Sentenced to 70 Months in Prison on Tax Charges 2010-08-03

WASHINGTON - John S. Lipton, formerly of Mission Viejo and Laguna Hills, Calif., was sentenced by U.S. District Judge Dale S. Fischer in Los Angeles to 70 months in prison, the Justice Department and ...

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DOJ: Founder and Treasurer of Labor Union Charged with Mail Fraud 2010-06-30

The founder and treasurer of the National Association of Special Police and Security Officers (NASPSO) was charged with four counts of mail fraud in connection with his operation of a pension plan for...

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