Italian prosecutors say more than half a billion euros in state tax credits moved through over sixty shell companies for renovation work that never happened. The scaffolding was the alibi. The state was the mark.
A federal indictment unsealed this week in the Western District of Washington alleges a Frisco, Texas couple ran a curse-removal scheme that pulled more than $2 million from a single Washington victim. The machinery kept running, prosecutors say, even when one operator was behind bars.
A federal contracting program built for service-disabled veterans was allegedly used as a doorway by two companies that did not qualify to walk through it. The DOJ says the door is now closed. The veterans say it was never really open.
Federal prosecutors say a healthcare worker in Miami photographed patient records with his cellphone and sold them to a buyer who resold the lists for as much as $7,000 each. The numbers belonged to more than 6,000 Medicare beneficiaries who never knew their files were leaving the room.
Christopher Staggs ran his pandemic unemployment scheme out of a Chicago LLC and kept a ledger of the people whose identities fueled it. On June 9, 2026, a federal judge gave him two years.
Daniel Pugh sold a trader's life on Facebook from a bedroom in Devon. The FCA has now secured £452,286.80 in compensation. The math of what he actually traded is the part that should stop you.
A Rusk County retiree clicked a pop-up and lost $47,000 in cash handed to a stranger at the door. The stranger drove up from Illinois. He was twenty-four. He came back a second time because the script told him to.
For seven years, prosecutors say, a Danbury software company's chief financial officer moved money from the company's accounts into her own and sent her CEO a weekly report that made the numbers behave. On June 4, 2026, she pleaded guilty.
Utah's Division of Securities issued an emergency cease-and-desist on June 1 against BG Wealth Sharing, a crypto pyramid that promised 60% monthly returns and ran on an AI-generated founder. The machine collapsed the same week. The fees to "release" the money kept coming.
Daiwor Woah-Tee ran a tax preparation business in Belcamp, Maryland for nearly seven years. Federal prosecutors say what he actually ran was a pipeline that turned other people's identities into refund checks and pandemic unemployment benefits, $4 million worth, before the pipeline finally showed.
For six years, Shivananda Neelannavar paid 3% a month like clockwork to investors across Karnataka and Maharashtra. The CID now says the clockwork was the trap.
Federal prosecutors say John Sterling Myers raised $4 million from 28 people and lost most of it before anyone knew the statements were fake. The arraignment is Friday.
For three years a Victoria mortgage broker promised short-term real estate bridge loans paying returns no honest loan could carry. PricewaterhouseCoopers later found the loans were never there. On Friday, Greg Martel was arrested in the country of Georgia.
The SEC says Stephen Leech ran more than $600 million of losing trades into the conservative bond funds where ordinary Americans parked their retirement money. Western Asset agreed this week to pay $100 million. The trades were placed at dawn. The names were filled in after the prices moved.
David Merino Quintana was arrested in Dubai on June 1 as the alleged mastermind of FX Winning, a forex and crypto operation Spanish regulators had warned about since 2021. Around 15,000 investors across more than 30 countries are now waiting to see whether the extradition paperwork moves before the clock runs out.
Four Detroit defendants, including two former mail processing clerks, were sentenced in a scheme that moved more than 10,000 stolen checks with a combined face value above $63 million. The marketplace was a Telegram channel. The fuel was the trust people still place in a blue mailbox.
John Bolden wore a shield by day and ran a tax prep franchise on the side. Federal prosecutors say he used the second job to feed the first one's friends, family, and clients into a pandemic relief program he knew nobody was watching.
For more than two decades, Barry Kloogh sat across from Dunedin retirees and told them their money was working. It wasn't. The Serious Fraud Office put the loss at $15.7 million. The liquidator now says recovery will be roughly two cents per dollar invested.
Joseph Sanberg sold the world a bank that planted trees. The trees were real. The customers paying for them, prosecutors say, were him. On June 1, a federal judge sentenced him to 14 years.
Cheungkin Lam was the polite young man behind the counter at a Fresh Meadows TD Bank. Federal prosecutors say he was also the door the thieves walked through.