Imperial Valley News Center
California Investment Manager Sentenced to 225 Months in Prison for $33 Million Fraud Scheme
- Details
- Written by IVN
Salt Lake City, Utah - A California investment manager was sentenced yesterday to serve 225 months in prison for orchestrating a $33 million Ponzi scheme resulting in $15.2 million in losses to investors.
CEO and Managing Director of U.S. Broker-Dealer Plead Guilty to Massive International Bribery Scheme
- Details
- Written by IVN
New York, New York - The former chief executive officer and former managing director of a U.S. broker-dealer (the Broker-Dealer), pleaded guilty to bribery charges arising from their scheme to pay bribes to Maria De Los Angeles Gonzalez De Hernandez, who was a senior official in Venezuela’s state economic development bank, Banco de Desarrollo Económico y Social de Venezuela (Bandes), in return for trading business that generated more than $60 million in commissions.
Owner of Dietary Supplement Company Pleads Guilty to Multi-Million Dollar Scheme to Adulterate Dietary Supplements
- Details
- Written by Justice Department
Washington, DC - The owner and president of a dietary supplement manufacturing company in Flanders, New Jersey, pleaded guilty today to conspiracy to commit wire fraud in relation to a scheme in which he directed the sale of diluted and adulterated dietary ingredients and supplements sold by his company, U.S. Attorney Paul J. Fishman announced.
14 Indicted in Connection with New England Compounding Center and Nationwide Fungal Meningitis Outbreak
- Details
- Written by IVN
Boston, Massachusetts - A 131-count criminal indictment was unsealed today in Boston in connection with the 2012 nationwide fungal meningitis outbreak, the Justice Department announced. Barry J. Cadden, owner and head pharmacist of New England Compounding Center (NECC) and NECC’s supervisory pharmacist Glenn A. Chin were charged with 25 acts of second-degree murder in Florida, Indiana, Maryland, Michigan, North Carolina, Tennessee and Virginia.
Department of Homeland Security Joins Instagram
- Details
- Written by IVN
Washington, DC - The Department of Homeland Security announced the launch of its official Instagram account.
Salvadoran posing as human smuggler arrested for fraud
- Details
- Written by ICE
San Salvador, El Salvador - A 31-year-old Salvadoran man who posed as a human smuggler in order to collect thousands of U.S. dollars from would-be customers was arrested here December 9.
Page 3618 of 3731