Tag: Frauds and Swindling

Acting Attorney General Sat on Board of Company Accused of Bilking Customers

WASHINGTON — Matthew G. Whitaker, the acting attorney general, served on the advisory board of a Florida company that a federal judge shut down last year and fined nearly $26 million after the government accused it of scamming customers. The company, World Patent Marketing, “bilked thousands of consumers out of […]

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Burglar Steals iPad From Home of Banker Tied to Paul Manafort, Police Say

A burglar broke into a Manhattan penthouse early Tuesday and made off with a briefcase and an iPad belonging to a banker who once did work for President Trump’s former campaign chairman, Paul Manafort, the police said. The homeowner, David Fallarino, 38, is a loan officer at Citizens Bank who […]

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Donald Trump, Mesmerist

We get the word “mesmerize” from a doctor named Franz Anton Mesmer, who in Paris in the late 18th century posited the existence of an invisible natural force connecting all living things — a force you could manipulate to physically affect another person. Mesmer’s work inspired the stage hypnotists of mid-19th-century America. Before rapt audiences, […]

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Paul Manafort’s Accountant Testifies She Helped Alter Financial Documents

She also sent letters to banks noting that Mr. Manafort anticipated a $2.4 million payment by November 2016 for work in Ukraine. In fact, his Ukraine work for Mr. Yanukovych — whom prosecutors called Mr. Manafort’s “golden goose” — had ended at least a year earlier. Other financial records showed that Mr. Manafort’s company, DMP […]

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Worried About the I.R.S. Scam? Here’s How to Handle Phone Fraud

Lee Meyer, a retired New York City schoolteacher, recently began getting strange telephone calls on weekday afternoons. A woman claiming to be a Treasury Department official left a message and a phone number, Mr. Meyer said, telling him he needed to settle a “tax-fraud charge” or else he would be hauled in front of a […]

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DeVos Proposes to Curtail Debt Relief for Defrauded Students

WASHINGTON — Education Secretary Betsy DeVos proposed on Wednesday to curtail Obama administration loan forgiveness rules for students defrauded by for-profit colleges, requiring that student borrowers show they have fallen into hopeless financial straits or prove that their colleges knowingly deceived them. The DeVos proposal would replace Obama-era policies that sought to ease access to […]

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U.S. Breaks Up Fake I.R.S. Phone Scam Operation

The people who were duped were instructed to pay using prepaid cards or to wire money. The call centers then turned to a network of “runners” based in the United States, who typically used the cards to purchase money orders that were deposited into bank accounts. Runners also redeemed funds from wire transfers with false […]

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A World Tour of Fake Places That Fool the Eye

Advertisement Gregor Sailer traveled the globe photographing Potemkin villages, architectural landscapes that are clones, impostors or frauds. Gregor Sailer’s “Carson City VI/Vargarda, Sweden, 2016.” Mr. Sailer, an Austrian photographer, photographed 25 modern-day Potemkin villages, erected by government, military or city authorities.CreditCourtesy of the artist By Andrew Dickson July 12, 2018 ARLES, France — The neighborhood […]

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Manafort Is Transferred From Jail Where He Was Treated Like a ‘V.I.P.’

WASHINGTON — Hoping to delay his trial in Virginia on charges of bank fraud and money laundering, Paul Manafort instead managed this week to get himself transferred from a jail where prosecutors said he described his treatment as “V.I.P.” to one where his lawyers claim he is worried about his safety. Mr. Manafort, President Trump’s […]

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Battling Fake Accounts, Twitter to Slash Millions of Followers

In recent months, Twitter has taken a number of steps to improve what Ms. Harvey and other company officials call “healthy conversation” on the platform, including rooting out fake and automated accounts. Last month, Twitter announced that as of May, its systems were “locking” almost 10 million suspicious accounts per week, far more than last […]

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How to Make Trump’s Tax Returns Public

On June 14, the New York State attorney general, Barbara Underwood, filed a civil complaint against President Trump and his three oldest children, accusing them of “persistently illegal conduct” in using the Donald J. Trump Foundation as “little more than a checkbook for payments from Mr. Trump or his businesses to nonprofits, regardless of their […]

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Manafort Trial Is to Go Forward, but Judge Warns Mueller to Stay Within Authority

WASHINGTON — A federal judge in Northern Virginia who had sharply criticized the special counsel’s case against Paul Manafort refused on Tuesday to dismiss the charges, clearing the way for Mr. Manafort to stand trial on charges of financial fraud. Mr. Manafort, President Trump’s former campaign chairman, has been charged in two jurisdictions with a […]

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Chinese Fans Paid Dearly for World Cup Tickets That Never Materialized

Last July, Mr. Isaev told Sport Connect, a Russian sports news outlet, that the club planned to engage in a joint venture with Chinese partners, and that it already had someone “mingling in local soccer circles” in China. In The Cover’s story last week, a travel agent in the western Chinese province of Sichuan named […]

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Theranos Founder Elizabeth Holmes Indicted on Fraud Charges

Elizabeth Holmes, the disgraced founder of Theranos, a lab testing company, and its former president, Ramesh Balwani, were indicted on Friday on charges of defrauding investors out of hundreds of millions of dollars as well as deceiving patients and doctors. The indictments, by the United States attorney’s office in San Francisco, were filed about three […]

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Bitcoin’s Price Was Artificially Inflated Last Year, Researchers Say

SAN FRANCISCO — A concentrated campaign of price manipulation may have accounted for at least half of the increase in the price of Bitcoin and other big cryptocurrencies last year, according to a paper released on Wednesday by an academic with a history of spotting fraud in financial markets. The paper by John Griffin, a […]

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Fyre Festival Organizer Sold Fake Tickets While Out on Bail, U.S. Says

The disgraced organizer of the Fyre Festival, who was charged last year with wire fraud in connection to the failed event, ran a fraudulent ticket-selling scam for several months while he was out on bail and now faces new charges, federal prosecutors said on Tuesday. The announcement came about two months after the organizer, Billy […]

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Mel Weinberg, 93, the F.B.I.’s Lure in the Abscam Sting, Dies

Mr. Weinberg joined the Navy in 1942 and was a Seabee in the Pacific in World War II. After the war, he went to work in his father’s store, which sold plate glass. He drummed up business by smashing or acid-staining nearby store windows. He married Mary O’Connor in 1944. The marriage ended in divorce […]

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