Page 70 - Fraud Section News Today

Imperial Valley News Imperial Valley News Center Avanos Medical Inc. to Pay $22 Million to Resolve Criminal Charge Related to the Fraudulent Misbranding of Its MicroCool Surgical Gowns Details Written by IVN Dallas, Texas - Avanos Medical Inc., a U.S.-based multinational medical device corporation, has agreed to pay more than $22 million to resolve a criminal charge relating to the company’s fraudulent misbranding of its MicroCool surgical gowns...

AAR Corporation Agrees to Pay $11 Million to Settle False Claims Act Allegations on Aircraft Maintenance Contract Details Written by Justice Department Washington, DC - AAR Corp., located in Wood Dale, Illinois, and its subsidiary, AAR Airlift Group Inc. (Airlift), located in Melbourne, Florida, have agreed to pay the United States $11,088,000 to resolve False Claims Act allegations in connection with aircraft maintenance services performed by Airlift on two U.S. Tra...

Second Former Deutsche Bank Commodities Trader Sentenced to Prison for Fraud Scheme Published: 04 July 2021 04 July 2021 New York - A former commodities trader was sentenced Monday to 12 months and a day in prison for a scheme to commit wire fraud affecting a financial institution. Cedric Chanu, 42, of France and the United Arab Emirates, was convicted by a federal jury on Sept. 25, 2020. Based on the evidence presented at trial, Chanu, who was employed as a precious metals trader at Deutsc...

At the conclusion of an eight-day trial, the following defendants were found guilty on June 25: Richard Ayvazyan, 42, of Encino; Richard Ayvazyan’s wife, Marietta Terabelian, 37, of Encino; Richard Ayvazyan’s brother, Artur Ayvazyan, 41, of Encino; Vahe Dadyan, 41, of Glendale. All four defendants were found guilty of one count of conspiracy to commit bank fraud and wire fraud, 11 counts of wire fraud, eight counts of bank fraud and one count of conspiracy to commit money laundering. Richar...

Former Deutsche Bank Commodities Trader Sentenced to Prison for Fraud Scheme Details Written by Justice Department Chicago, Illinois - A former commodities trader was sentenced Monday in the Northern District of Illinois to 12 months and a day in prison for a scheme to commit wire fraud affecting a financial institution. James Vorley, 41, of the United Kingdom, was convicted by a federal jury on Sept. 25, 2020. Based on the evidence presented at trial, Vorley, who wa...

John Wood Group Unit Agrees To Settle Brazilian Bribery Charges LONDON (dpa-AFX) - Amec Foster Wheeler Energy Limited, a subsidiary of a United Kingdom-based global engineering company John Wood Group plc (WDGJF.PK, WG.L ), has agreed to pay $18.38 million to resolve criminal charges stemming from a scheme to pay bribes to officials in Brazil in exchange for an about $190 million contract to design a gas-to-chemicals complex, the U.S. Justice Department said in a statement. According to court d...

A Tennessee physician pleaded guilty Wednesday in the Western District of Tennessee to causing the death of one of his patients through his illegal prescribing of hydrocodone.

We dont just work at recology, we own it, creating opportunity and a better planet. now, thats making a difference. im joined now by andrew weissmann. he headed the fraud section at doj. thanks for being here. >> nice to be here. >> let me read from what the prosecutors are looking at. it would be, quote, unreasonable to bring a case on a failure to pay taxes and fringe benefits alone. the lawyers can think of no other recent example. i was discussing that with the times journalist tonight. yo...

Yuma Arizona News and Happenings

On May 28, 2021, President Biden submitted his Budget for Fiscal Year 2022 to Congress, including $35.3 billion for the Department of Justice (“DOJ”), which was an overall increase of...