Is scamming hard-wired? It would explain pandemic ripoffs latimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latimes.com Daily Mail and Mail on Sunday newspapers.
I recently had the chance to visit with Joanne Taylor and Ray Dookhie, both Managing Directors at K2 Integrity. In yesterday’s blog post, I detailed their thoughts on fraud and.
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Patrick Lindsey, former executive with the now defunct MGT Construction in Richmond, Virginia, has been sentenced to 27 months in prison for his role in a five-year accounting fraud that, when discovered in 2016, revealed the contractor was not profitable but was about $28 million in debt. Because of this, MGT was forced to file bankruptcy in 2018, reporting only $50,000 in assets.
Lindsey started working for MGT in 2007 as an estimator, according to court documents, and the company promoted him to vice president of preconstruction services in 2013. From 2011 to 2016, Lindsey took on the responsibility for tracking job costs and issuing work in progress reports, which are intended to provide snapshots of where each project stands financially such as total costs to date, change orders, total amount billed to the owner and estimated profits. These reports are key in monitoring and projecting each project s budget performance and profitability.
Who Will Pay for All of California s Unemployment Fraud? A 1-year-old in Fresno raking in $167 a week. An ex-state employee stealing $200,000 from California’s unemployment system, some by impersonating Sen. Dianne Feinstein. Another $1.2 million swindled by a rapper who bragged about it on YouTube, $1 billion drained in the name of state prisoners, and $2 billion in jobless benefits siphoned off state-issued debit cards. If doing the math on unemployment fraud in California during the pandemic isn’t dizzying enough, add the untold numbers of workers still fighting for funds that they say were stolen in unauthorized transactions at faraway ATMs, casinos and convenience stores.
AVELLUM Law Firm on social media
Andriy Fortunenko has been promoted to counsel at AVELLUM’s dispute resolution practice. Fortunenko will now focus on domestic and cross-border commercial disputes, as well as fraud investigations and white collar crime.
Fortunenko has regularly represented national and foreign companies of various sectors in high-profile commercial disputes. He has extensive expertise in debt recovery, enforcement of pledges, mortgages and guarantees. Fortunenko’s recent experience includes handling complex multijurisdictional disputes before English, Cypriot, and Austrian courts. He has also successfully represented foreign companies before Ukrainian law enforcement authorities.
Fortunenko is featured as a recommended lawyer for Dispute Resolution in Ukraine by reputable international ranking The Legal 500.