A library of case studies relating to many forms of white collar crime ranging from money laundering to terrorist financing, from bribery and corruption to tax evasion, healthcare, benefits and insurance fraud and many more.
We even had difficulty deciding which section to put this case in: is it a Ponzi scheme? Well, sort of. Is it an investment fraud? Perhaps. Is it a document fraud, a "wire fraud" or accounting fraud? How about operating an unlicensed securities business, or an unlicensed investment business? One thing is certain: as soon as he claimed to have a "proprietary trading program," his victims should have run away.
Intra-community crime is a particular problem amongst migrant groups who trust those of a similar background who have already arrived and, seemingly, made some success in their chosen destination. All too often, unfortunately, the new arrivals fall into the hands of fraudsters and, even, organised crime gangs. In California, where Mexicans are a significant immigrant group, the pickings can be lucrative. But they don't always get away with it.
A former "Home Finance Manager" (mortgage salesman) with a bank was jailed for three years after pleading guilty to abusing his position to make a dishonest gain for himself and others. He submitted for approval fraudulent applications, knowing they were untrue, for applicants to borrow money that they would then "invest" in a developer with which he had a connection.
In February, 2017 James Michael Farrell, age 63, of Wenonah, New Jersey, USA was convicted of money laundering, witness tampering, and obstruction of official proceedings, related to his activities on behalf of members of an extensive drug trafficking operation. The case is important because part of relates to the use of proceeds of criminal conduct being used for the payment of defence lawyer's fees.
Edward Majerczyk, 29, of Chicago, has been sentenced to nine months in a US Federal jail after pleading guilty to "a phishing scheme that gave him illegal access to over 300 Apple iCloud and Gmail accounts, including those belonging to members of the entertainment industry in Los Angeles."
Right from the days of snake oil potions and the Carbolic Smokeball Company, charlatans have sold fake pharma to the gullible and the desperate. Amongst the most desperate, and the most gullible, are those who believed the claims by a company that it had a herbal preparation that increased length and girth of the penis and increased sexual performance. As a herbal preparation, the product sidestepped US Food and Drug Administration approval. Thousands of customers who paid a substantial amount for the tablets complained they did not work as advertised, or at all. The Department of Justice and other agencies had to take a look.
54 year old Richard Kingston was convicted of destroying evidence in a case investigated by the UK's Serious Fraud Office. Kingston was under investigation in connection with offences relating to suspected bribery.
Carl A Kemp described himself as a "lobbyist". The 43 year old lived in Long Beach California where he once stood for the city council. He ran a consultancy which promoted the interests of "head shops," that is illegal suppliers of marijuana who have public premises and don't do deals on street corners or stinky toilets at festivals. Many of them claim there is a constitutional right to consume marijuana and therefore there can be no offence of supply, others claim medicinal purposes. The reality under the law is simple: in California, the trade is illegal. Therefore the profits are illegal. And from there a chain of illegality begins.
Valery BOGOMOLNY, 44, (male) of Westwood, Los Angeles, has been convicted of multiple counts of healthcare fraud, sentenced to five years jail and ordered to pay more than USD1.2 million in compensation. At its heart, the case is a documents fraud.