Page 10 - Fraud Enforcement Task News Today

A San Diego man who was previously charged with fraud and money laundering in 2021, now faces federal charges of fraudulently obtaining millions of dollars worth of PPP loans.

A Utah man accused of selling unproven COVID-19 cures throughout the pandemic has been arrested after a three-year manhunt, according to the U.S. Dept. of Justice.

Gordon Hunter Pedersen, 63, said his "structural alkaline silver" product made the virus "incapable" of infecting someone.

Gordon Hunter Pedersen, 63, said his "structural alkaline silver" product made the virus "incapable" of infecting someone.

Gordon Hunter Pedersen, 63, said his "structural alkaline silver" product made the virus "incapable" of infecting someone.

In 2020, Congress passed the CARES Act intended to provide emergency financial assistance during the pandemic. Unfortunately, it also proved to be a magnet for fraud.

SAN DIEGO – Denny Bhakta of San Diego was arraigned in federal court on Friday, August 11, on additional charges that he fraudulently obtained $4 million in Paycheck Protection Program

BLOOMINGTON – Oluwatobi Seton, 28, of Bloomington, Indiana, has been sentenced to nearly 5.5 years in federal prison after pleading guilty to wire fraud, aggravated identity theft, and conspiracy to commit money laundering. According to court documents, Seton conspired with partners in Nigeria t ...

FLORENCE, S.C. — Nariman Mahmoud Masoud, 35, of Florence,and Susan Masoud, 34, of Tampa, Florida, were sentenced after pleading guilty to conspiracy to commit wire fraud related to unemployment insurance

FLORENCE, S.C. (WBTW) – A Florence woman was sentenced to 12 months and one day in federal prison after pleading guilty to committing wire fraud to gain unemployment insurance benefits during the COVID-19 pandemic, according to a news release by the U.S. Attorney’s Office. Nariman Mahmoud Masoud, 35, was ordered to pay $604,074.00 in restitution […]