CollectionsWire Fraud
IN THE NEWS

Wire Fraud

FEATURED ARTICLES
NEWS
June 24, 2011
TRENTON - A Bucks County woman has admitted stealing more than $400,000 from Dow Jones & Co. Federal prosecutors say Jacqueline Bucco, 32, of Bensalem, faces up to 20 years in prison when she is sentenced Oct. 13. Bucco pleaded guilty Thursday to a federal complaint charging her with wire fraud. She admitted she accessed a dormant internal system that contained company funds and transferred money to three bank accounts she controlled. Bucco worked at the Dow Jones office in Monmouth Junction for about two years before leaving the firm in March.
NEWS
August 30, 1996 | By Kristin Vaughan, INQUIRER CORRESPONDENT
For years, Bob Landau has fought the system here, crusading against what he perceives as the ills of township government and school district policies. Some hail him as a reformer; others call him a pest. But his years as an activist stood Landau in good stead this month when he pleaded guilty to federal wire fraud charges. Instead of sending Landau to jail - he could have faced five years in prison - U.S. District Judge Harvey Bartle 3d sentenced him to five months in a halfway house, to be followed by five months' house arrest.
NEWS
December 16, 2009 | By Barbara Boyer INQUIRER STAFF WRITER
A Camden County criminal investigator's romance with a mortgage broker has cost her her job and could send her to prison for obtaining a fraudulent loan, officials said. Asha Ritchards, 31, of Sicklerville, appeared yesterday in U.S. District Court in Camden, where she tearfully pleaded guilty to one count of wire fraud and admitted she lied on loan applications for a house her then-boyfriend used as a rental property. "She fell in love with this guy. He's a smooth-talking, handsome guy," defense attorney Leonard S. Baker said.
NEWS
June 3, 1997 | By Julia C. Martinez, INQUIRER STAFF WRITER
The former president of a Blue Bell insurance brokerage accused by fellow executives of absconding with the company's money was charged in federal court yesterday with stealing $600,500 in cash and fleeing to the Cayman Islands in 1995. David G. Bockius, 33, back now and living in Springfield, claims the money was stolen from him in Jamaica, Assistant U.S. Attorney Richard W. Goldberg said after the charges were announced. The prosecutor said Bockius was arrested May 16 and released five days later after putting up a real-estate bond that included his house, his father's house and a 1964 Corvette.
NEWS
January 24, 2014 | BY SEAN COLLINS WALSH, Daily News Staff Writer walshSE@phillynews.com, 215-854-4172
A YEAR BEFORE the NAACP's national convention comes to Philadelphia, a lawyer for three officers of the local chapter is questioning whether longtime president J. Whyatt Mondesire has mismanaged the chapter's finances. "We're demanding answers," said Gerard Egan, who is representing former political aide Ducky Birts, restaurant owner Sydney Booker and the Rev. Elisha Morris. Egan, a former federal prosecutor, said he is also asking the state attorney general to investigate the matter, which was first reported by AxisPhilly.org.
SPORTS
February 29, 2008 | By Frank Fitzpatrick, INQUIRER STAFF REPORT
The arraignment for two high school friends of disgraced NBA referee Tim Donaghy is scheduled for this morning in U.S. District Court in Brooklyn. Thomas Martino and James Battista, who were indicted by a federal grand jury earlier this month, will appear before Judge Carol Amon. Donaghy, a Drexel Hill native, pleaded guilty before Amon in August to charges of conspiracy to commit wire fraud and transmitting betting information. He is to be sentenced April 18. Martino, 42, of Marcus Hook, is charged with lying to the grand jury in 2007.
NEWS
July 17, 2013
HOW DO YOU spell "incarceration"? A Delaware County businessman may have been reminded of that yesterday after being sentenced to one year behind bars in a scheme to embezzle millions from the family that runs the country's largest spelling bee. Richard Gleeson, 37, formerly a Merrill Lynch financial adviser in Media, previously pleaded guilty to two counts of wire fraud. Federal prosecutors said Gleeson helped Michael Scripps of the Scripps Media family, which runs the Scripps National Spelling Bee, steal $3.6 million from family members to fund a lavish lifestyle.
BUSINESS
May 25, 2012 | Inquirer Staff Report
The U.S. attorney in Philadelphia charged Michael J. Smith, of Springfield, Delaware County, with participation in mortgage fraud that caused losses of $665,000 to lenders. Smith, a former mortgage broker, allegedly participated in a conspiracy with John C. Lucidi Jr. and Eric Maratea, both of whom are charged elsewhere, in a scheme to buy properties, mostly at the Jersey Shore, at inflated prices so that buyers could receive kickbacks of tens of thousands of dollars. Smith was one of the buyers, according to the four-count indictment.
NEWS
April 3, 2013 | By Harold Brubaker, INQUIRER STAFF WRITER
Two brothers who operated a Feasterville ambulance company, MedEx Ambulance Inc., pleaded guilty to overcharging Medicare by $2.5 million for the transport of kidney patients to dialysis who could have gotten there safely by other means, United States Attorney Zane David Memeger announced Tuesday. The brothers, Aleksandr N. Zagorodny and Sergey Zagorodny, pleaded guilty to all charges in a 41-count indictment charging them with health care fraud, false statements in connection with health care matters, wire fraud, and conspiracy to commit health care fraud and wire fraud, the prosecutor's office said.
NEWS
September 8, 1989 | By Joseph A. Slobodzian, Inquirer Staff Writer
A Drexel Hill man pleaded guilty yesterday to mail- and wire-fraud charges in what federal prosecutors said was a scheme to cheat 15 insurance companies out of more than $300,000 by filing false auto insurance claims. Joseph Focoso, 55, of the 1100 block of Cobbs Road, accepted a deal offered by federal prosecutors and pleaded guilty to two charges of mail fraud and one count of wire fraud before U.S. District Judge Robert F. Kelly. Under the agreement, Focoso, whom prosecutors called the ringleader of the fraud scheme, agreed to cooperate with the government and to testify against others who might be indicted.
1 | 2 | 3 | 4 | 5 | Next »
ARTICLES BY DATE
NEWS
February 11, 2014 | By Martha Woodall, Inquirer Staff Writer
PHILADELPHIA One question will take center stage Monday when Masai Skief is sentenced for embezzling from the charter school he ran: Did he forfeit a chance at a lower sentence by continuing to steal money from the school - even after pleading guilty to two counts of wire fraud? Skief, 32, son of the late founder of the Harambee Institute of Science Technology Charter School, pleaded guilty in federal court in August to embezzling $88,000 from the charter and from the Harambee Institute, a related nonprofit.
NEWS
January 24, 2014 | BY SEAN COLLINS WALSH, Daily News Staff Writer walshSE@phillynews.com, 215-854-4172
A YEAR BEFORE the NAACP's national convention comes to Philadelphia, a lawyer for three officers of the local chapter is questioning whether longtime president J. Whyatt Mondesire has mismanaged the chapter's finances. "We're demanding answers," said Gerard Egan, who is representing former political aide Ducky Birts, restaurant owner Sydney Booker and the Rev. Elisha Morris. Egan, a former federal prosecutor, said he is also asking the state attorney general to investigate the matter, which was first reported by AxisPhilly.org.
NEWS
January 15, 2014 | By Martha Woodall, Inquirer Staff Writer
West Philadelphia charter school chief executive Masai Skief has agreed to turn himself over to federal authorities this week while he waits sentencing on embezzlement charges. Skief, 32, CEO of the Harambee Institute of Science Technology Charter School, said in court papers filed Monday that he would not dispute federal prosecutors' allegations he had used a debit card to steal money from Harambee after he pleaded guilty to embezzlement charges in August. Prosectors asked a federal judge last week to revoke Skief's bail because he had violated his plea agreement, which barred him from having access to Harambee funds.
NEWS
January 10, 2014 | BY JULIE SHAW, Daily News Staff Writer shawj@phillynews.com, 215-854-2592
AN EMOTIONALLY tense jury hopelessly deadlocked yesterday on 54 of 60 counts against charter-school founder Dorothy June Brown in her lengthy federal fraud trial, while unanimously acquitting her of six charges. "Emotions are running very high, tears have been shed and some jurors have experienced sickness," the jury foreman wrote in a note to U.S. District Judge R. Barclay Surrick. Brown, 76, who founded four charter schools, was accused of defrauding them of $6.7 million. Three jurors said afterward that the panel of nine women and three men were split 9-3 on 54 counts.
NEWS
January 8, 2014 | By Martha Woodall, Inquirer Staff Writer
The jury in the federal fraud trial of charter-school founder Dorothy June Brown was not able to resume deliberations Monday because one member could not get to the courthouse because of inclement weather. U.S. District Court Judge R. Barclay Surrick said deliberations would resume Wednesday. Jurors in the $6.7 million fraud trial have not met since Dec. 19, when - after more than a week of deliberations - the foreman indicated they were having problems reaching consensus on the 60 counts facing Brown.
NEWS
December 21, 2013 | By Martha Woodall, Inquirer Staff Writer
PHILADELPHIA After five weeks of testimony about phantom board members, fabricated documents, and forged signatures, the federal jury in the Dorothy June Brown charter-school fraud trial acquitted her two codefendants Thursday and indicated it was divided on the charges against Brown. In a partial verdict after more than five days of deliberations, the jury said it had not reached agreement on any of the 60 counts against the 76-year-old Brown, who is accused of defrauding the four charter schools she founded of $6.7 million, and participating in a scheme to cover it up. But the panel of nine women and three men acquitted her codefendants of conspiracy and obstruction of justice in connection with the alleged cover-up.
NEWS
December 19, 2013 | By Martha Woodall, Inquirer Staff Writer
The federal jurors weighing 63 charges in the Dorothy June Brown fraud trial ended their third full day of deliberations Tuesday without a verdict. The jury in the complex case is sifting through mounds of evidence that was presented over 15 days during the trial and reviewing documents. Brown is charged with defrauding the four charter schools that she founded of $6.7 million and then participating in a scheme with two former administrators to cover it up. The defendants are facing counts of fraud, conspiracy to obstruct justice, obstruction of justice, and witness tampering.
NEWS
November 2, 2013 | By Jeremy Roebuck, Inquirer Staff Writer
MEDIA Tyrone Gilliams Jr. billed himself as a man of many callings: A skilled commodities trader specializing in gold, oil, and diamonds. A hip-hop promoter with top-shelf connections. An up-and-coming philanthropist and former starter for the University of Pennsylvania basketball team. And, should circumstances warrant, even a part-time online preacher. But there was one job title the 46-year-old Media resident conveniently left off his resumé: Crook. On Thursday, a federal judge in New York City sentenced Gilliams to 10 years in prison for his role in securities and wire fraud schemes that bilked investors out of more than $5 million.
BUSINESS
September 28, 2013 | By Erin E. Arvedlund, Inquirer Columnist
Don't feel too stupid if you lose money to a financial fraudster. Even the smartest Wall Street hedge funds get taken sometimes. A West Conshohocken businessman, Richard Shusterman, and three others were indicted this month for allegedly committing wire fraud and swindling millions from Wall Street hedge funds. Specifically, the indictment alleges that between July 2008 and March 2010, Shusterman and his accomplices lied to investors and inflated prices of medical and hospital debts they purchased, then used the phantom profits to raise money from new investors.
NEWS
September 20, 2013 | BY MENSAH M. DEAN, Daily News Staff Writer deanm@phillynews.com, 215-568-8278
FORMER PHILADELPHIA Traffic Judge Robert Mulgrew and his wife, Elizabeth, ripped off a community-improvement group and Uncle Sam to vacation in Ireland, send their four kids to private schools and enrich themselves, their family and friends, a federal prosecutor alleged yesterday. The stakes are high for the prominent Pennsport couple, whose trial for fraud and income-tax evasion began yesterday. If convicted on all counts, Mulgrew, 55, could face more than 100 years in prison. Elizabeth, 56, a real-estate agent, could be sentenced to 25 years in prison.
1 | 2 | 3 | 4 | 5 | Next »
|
|
|
|
|