Tag: financial crime
Christopher Ferguson, Scheme to Inflate Order Numbers, New York NY,…
⏱ 2 min read RELATED: Ohio Dealer Charged in Overdose Death SEE ALSO: Medicare Scam: Art Classes Billed as Therapy NEW YORK, NY – The top dog at Edison Nation, Christopher Ferguson, and a consultant, Brian McFadden, just admitted to a scheme to juice the company’s numbers, according to federal prosecutors in Manhattan. Both men…
Bruce Choi, COVID-19 Relief Fraud, Los Angeles CA, 2023
Los Angeles rideshare driver Bruce Choi is facing the music after federal agents snatched him at San Francisco International Airport Tuesday, capping a long-running investigation into a brazen COVID-19 relief fraud. The 34-year-old from Koreatown allegedly fabricated an entire business from thin air, then used a forged application to siphon off over $2 million in…
Kenneth Thom Admits to Investment Advisor Fraud, New York NY, 2023
New York, NY – Kenneth Thom, the man behind the slick online persona “K$” or “K Money,” confessed in federal court today to running a years-long investment scam, preying on hopeful traders lured in by promises of quick riches. Thom, believed to be in his 40s, admitted to investment advisor fraud, a charge that carries…
Frank Hamilton Sentenced to 5.5 Years for SBA Scam, California, 2023
⏱ 2 min read RELATED: Stolen Ride, State Lines: OK Man Admits Transporting Hot Car SEE ALSO: Meth Dealer Gets 20 Years PHILADELPHIA – Frank Hamilton, a 55-year-old from Simi Valley, California, is headed to federal prison for 5.5 years after admitting he masterminded a brazen scheme to rip off banks and the Small Business…
Nicole Hilstolsky, Embezzlement, Pennsylvania, 2018
⏱ 3 min read Nicole Hilstolsky, 48, of Swoyersville, Pennsylvania, is headed to federal prison after admitting she cooked up a fake robbery to cover her tracks. Hilstolsky was sentenced today to eight months behind bars for pilfering $16,247 from the WOD Federal Credit Union back on October 15, 2018. The now-defunct credit union was…
Nicole Hilstolsky, Embezzlement, Swoyersville PA, 2018
⏱ 3 min read Swoyersville, PA – A desperate attempt to cover up a simple theft landed Nicole Hilstolsky, 48, eight months in federal prison. Back in October 2018, Hilstolsky, an employee of the now-defunct WOD Federal Credit Union, swiped $16,247 and then tried to pass it off as an armed robbery. Instead of owning…
Andre Whitehurst, Check Theft Scheme, Charlotte NC, 2022
⏱ 2 min read Andre Whitehurst, 34, a Charlotte-area mail carrier, will spend the next 15 months in federal prison after admitting to a brazen scheme to steal checks while on the job. Between April 2022 and September 2024, Whitehurst pilfered mail, passing the stolen checks to Rashad Lowery and Aaron Grice, who then cashed…
Andre Whitehurst, Mail Check Theft, Charlotte NC, 2022
⏱ 2 min read Andre Whitehurst, a 34-year-old former postal worker from Charlotte, North Carolina, is headed to federal prison for 15 months. He wasn’t just slowin’ mail delivery – he was pilfering checks and turning them into cold, hard cash. From April 2022 to September 2024, Whitehurst ran a scheme that bilked banks out…
Kenneth Thom, Investment Adviser Fraud, New York NY, 2023
⏱ 2 min read Kenneth Thom, operating online as “K$” and “K Money,” admitted in federal court today to running a cold-blooded investment scam out of New York. The 40-something ex-broker preyed on social media followers with promises of easy profits, all while hiding a history of financial misconduct. Thom pleaded guilty to investment adviser…
Ex-Nodus International Bank CEO, Wire Fraud, Alabama, 2023
⏱ 2 min read Ex-Nodus International Bank CEO, whose name is being withheld pending sentencing, is looking at serious time after admitting to a $24.9 million wire fraud. Federal prosecutors in Alabama say the scheme stretched across the country, and brazenly blew holes in U.S. sanctions against Venezuela. The grift involved diverting funds and hiding…
