New York City prosecutors have indicted eight people they say operated a penny stock “pump and dump” scheme that defrauded $290 million from thousands of investors.
A chiropractor who practiced in southeast Washington has pleaded guilty to signing fake prescriptions for services to be provided by D.C. Medicaid in exchange for cash.
The founder of a Maryland construction company that was under investigation for contracting fraud in the District of Columbia has committed suicide.
A professor at Morgan State University has been sentenced to three years in prison for fraudulently obtaining research grants from the National Science Foundation.
A Maryland Congressman says subpoenas are being issued in a federal investigation into Maryland’s health exchange. He believes there was fraud in the system that cost taxpayers millions but didn’t work right at the start.
Goldman Sachs has agreed to pay $3.15 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.
Bank of America reaches a record breaking settlement with U.S. regulators for misleading investors into buying toxic mortgage-backed securities.
A New York City man has been charged with felony credit card fraud and other crimes after police say he was caught using two fraudulent credit cards to buy gift cards at a Target in Glen Burnie.
Baltimore County Police need the public’s help identifying a person wanted for bank fraud.
A male cab driver who prosecutors say dressed as a woman and talked drunken passengers into giving him their ATM cards and PINs has pleaded guilty to fraud.
A Baltimore man has been sentenced to over six years in prison for scheming to use personal identification of others to buy luxury goods.
Baltimore County Police are asking for the public’s help in identifying suspects in the misuse of credit cards.