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Bank Fraud

NEWS
August 4, 2012 | Breaking News Desk
A bank teller from Willingboro has been indicted on federal charges of taking part in a fraud scheme that relied on stealing the identities of her former employer's customers. Patricia Lightsey, 27, and James Hull, 49, of Troy, N.Y., netted $170,820 from the plot, according to the indictment. A federal grand jury alleged that Lightsey, while a teller for TD Bank, sold to an unidentified person the identifying information, including dates of birth, driver's license numbers, social security numbers, and bank account numbers of bank customers between July and October 2011.
NEWS
July 31, 2012 | By Nasser Karimi, Associated Press
TEHRAN, Iran - An Iranian court has sentenced four people to death and given two more life sentences on charges linked to a $2.6 billion bank fraud described as the biggest financial scam in the country's history, an official said Monday. The trial, which began in February, involved some of the country's largest financial institutions and raised uncomfortable questions about corruption at senior levels in Iran's tightly controlled economy. But few specific details have been released, possibly to avoid exposing too much internal scandal while Iran's leaders seek to assure the country it can ride out tightening sanctions over Tehran's nuclear program.
NEWS
July 14, 2012 | By Martha Woodall, INQUIRER STAFF WRITER
A former board president and founder of a Northwest Philadelphia charter school was sentenced in federal court today to 2 years in prison for stealing $522,000 in taxpayer money to prop up a restaurant, a health-food store, and a private school he controlled, and for other business and personal expenses. In April, shortly before he was scheduled to go to trial, Hugh C. Clark, pleaded guilty to all 28 criminal counts related to his role in a scheme to drain funds from the New Media Technology Charter School.
NEWS
June 9, 2012 | By Mari A. Schaefer and INQUIRER STAFF WRITER
The owners and managers of the Nifty Fifty's restaurant chain pleaded guilty in federal court to tax evasion and skimming cash from the business. Co-owner Robert Mattei, 73, of Delray Beach, Fla., pleaded guilty to conspiracy, tax evasion, and bank fraud, and faces up to 40 years in prison and a $1.5 million fine. Co-owner Leo McGlynn, 52, of Swarthmore, and Joseph Donnelly, 49, of Springfield, Delaware County, a head manager, pleaded to conspiracy, tax evasion, and bank fraud and aggravated structuring of financial transactions.
NEWS
May 18, 2012 | By Michael Matza, INQUIRER STAFF WRITER
With five locations, in Northeast Philadelphia, Ridley Township, Bensalem, Clementon and Turnersville, Nifty Fifty's restaurants are nostalgia-themed throwbacks to the glory days of sock hops and drugstore-fountain milkshakes. "Not just another restaurant," the company touts on its website, "but a way of life. " Federal prosecutors, in a criminal case filed Wednesday, say that way of life included a long-running scheme by the company's owners and top managers to evade more than $2.2 million in federal employment and personal income taxes by skimming mountains of cash from the 26-year-old chain.
NEWS
March 21, 2012 | By Martha Woodall, Inquirer Staff Writer
Instead of going to trial next month on federal charges of stealing taxpayer money intended for a Northwest Philadelphia charter school, one of the school's founders has signaled he intends to alter his plea. A change-of-plea hearing has been scheduled in U.S. District Court on April 3 for Hugh C. Clark, the former board president of New Media Technology Charter School. A federal grand jury indicted Clark, an attorney who helped found the school in 2004, on 28 counts, including conspiracy, wire fraud, theft from a federally funded program, and bank fraud.
NEWS
March 16, 2012 | By Michael Hinkelman, Daily News Staff Writer
A Philadelphia man was sentenced to 10 years in a federal lockup today for his role in a scheme to steal checks written on a Texas city's bank account which were later deposited into a bank account here. Jonathan Battles, 46, of West Germantown, was convicted of conspiracy and bank fraud after a trial in May 2010. It was the fourth federal fraud conviction for Battles. U.S. District Judge Cynthia M. Rufe also ordered Battles to pay restitution of $80,494. He was taken into custody immediately after sentencing.
NEWS
March 9, 2012 | BY MICHAEL HINKELMAN, Daily News Staff Writer
A NORTHEAST Philadelphia woman who faked having life-threatening cancer to delay reporting to prison in 2007, for stealing money from the bank accounts of elderly customers, was sentenced yesterday to almost five years in federal prison. After LeAnn Moock, 35, of Parkwood Manor, received a four-month sentence in 2007 and was permitted to self-report to prison, she began an elaborate scam, prosecutors said. They said that Moock fooled her own attorney and the presiding judge into believing she was in constant pain, being treated with extensive chemotherapy, radiation and surgery, and was expected to die soon.
NEWS
March 8, 2012 | BY MICHAEL HINKELMAN, Daily News Staff Writer
A Philadelphia woman who faked having life-threatening cancer in order to delay reporting to prison in 2007 for stealing money from the bank accounts of elderly customers, was sentenced to almost five years in federal prison Thursday. After LeAnn Moock, 35, of Parkwood Manor, received a four-month sentence in 2007 and was permitted to self-report to prison, she began an elaborate scam, prosecutors said. Prosecutors said in court papers that Moock fooled her own attorney and the presiding judge in the 2007 case into believing she was in constant pain, being treated with extensive chemotherapy, radiation and surgery and was expected to die soon.
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