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Leland Yee Pleads Not Guilty to New Money Laundering Federal Charges

Former California State Senator Leland Yee Pleads Not Guilty to 2 New Money Laundering Federal Charges After his arrest last spring, former Democratic California state Senator Leland Yee has pleaded not guilty to barrage of federal charges, including bribery and gun running, with the assistance of notorious San Francisco mobster “Shrimp Boy” Chow. On February 4th, Yee’s indictment saw two new money laundering federal charges, for which the former Senator has also pleaded not guilty. The revised indictment features a total of 230 federal … [Read more...]

Silk Road Pirate Leader Convicted in Federal Criminal Trial

Dread Pirate Roberts, Leader of the Silk Road, Convicted on All Federal Charges in Federal Criminal Trial In a first-of-its-kind federal lawsuit, the former Dread Pirate Roberts, creator of the illegal trafficking website The Silk Road, has been convicted on all seven federal charges in a federal criminal trial. Ross Ulbricht, 30, went by the online handle “Dread Pirate Roberts,” and created the notorious Deep Web trading site, The Silk Road, which also spawned the radical online-only currency, BitCoin. The Silk Road, which Ulbricht called … [Read more...]

13-Year California Ponzi Scheme Comes to an End

Elderly Ponzi Scheme Runners Face 80 Years in Prison Two elderly San Fernando Valley residents have been convicted for running a Ponzi scheme for 13 years, which netted them $100 million, and now potentially 80 years in prison. Joel Barry Gillis, 74, and Edward Wishner, 76, face up to 80 years in prison each for the Ponzi scheme charges. Both men pleaded guilty in federal court to two counts of mail fraud, one count of wire fraud, and conspiracy charges related to their long-running and very successful Ponzi scheme. Investors in the … [Read more...]

Silk Road Federal Criminal Trial Begins

Silk Road Owner’s Federal Criminal Trial for Trafficking and Other Charges Has Begun The notorious Deep Web trafficking website, the Silk Road, was seized by federal investigators in October 2013, after the 29-year-old founder was arrested on serious federal criminal charges for murder-for-hire, drug trafficking, and others. After more than a year of waiting, the Silk Road founder’s trial began on January 13th. Ross William Ulbricht, 30, stands accused of operating the “Deep Web” site, the Silk Road, an online bazaar that sold everything … [Read more...]

Former Georgia Tech Professor Faces Racketeering Charges

Former Professor at Georgia Tech Indicted on Racketeering Charges for Funneling $1 Million Into His Company On December 30th, a former professor at Georgia Tech was indicted on racketeering charges for using the college’s funds to funnel $1 million in equipment into his personal business. Joy Laskar faces two counts of racketeering for allegedly stealing $1 million from Georgia Tech. He was indicted by a Fulton County Grand Jury. Laskar worked as the director of the Georgia Electronic Design Center (GEDC) at Georgia Tech, and began … [Read more...]

Former Union Boss Begins Racketeering and Conspiracy Trial

Trial Begins for Former Ironworkers Union Leader for Racketeering and Conspiracy On Monday, January 5th, a former Union boss for the Ironworkers Local 401 in Philadelphia went to trial for federal charges including intimidation, racketeering and conspiracy. Other defendants in the case opted to a plea deal, so “the Don” will stand trial alone. According to federal prosecutors, 73-year-old Joseph Dougherty created “goon squads” within the ironworkers’ union, which he used to threaten builders, smash beams, and burn down jobsites if potential … [Read more...]

“Real Housewives” Star Heads to Prison for Mail Fraud Conviction

Mail Fraud, Tax Fraud Land “Real Housewives of New Jersey” Star in Prison After being convicted on mail fraud, tax fraud, and other fraud charges in a New Jersey state court, a former star of “Real Housewives of New Jersey” has reported to federal prison. Teresa Giudice, a cast member of Bravo’s hugely popular reality television show, reported to a federal prison in Danbury, Connecticut around 3 AM on Monday, January 5th. She and her husband, Giuseppe “Joe” Giudice pleaded guilty to several fraud charges, including mail fraud and tax fraud, … [Read more...]

Hollywood Drama Leads to Wire Fraud Charges

Famous Director’s Former Accuser Now Faces Wire Fraud Charges The man who accused X-Men director Bryan Singer of sexual abuse when he was a teenager, and who later dropped the personal injury lawsuit, has now been charged with securities and wire fraud after investigators found that he was running a fraudulent investment scheme. On Tuesday, December 31st, a grand jury in Charlotte, NC indicted Michael Francis Egan III, 32 years old, for wire fraud and securities fraud in the business operation which ran from 2007 to 2012. Egan allegedly … [Read more...]

Sweepstakes Operators Plead Guilty to Illegal Gambling Operation

Sweepstakes Ring Owners Plead Guilty to Federal Charges for Multistate Illegal Gambling Operation A South Carolina-based sweepstakes ring run by a father and son team, which sold sweepstakes machines to over 600 internet cafes across the country, has been busted by federal authorities, and the operators have pleaded guilty to illegal gambling charges. Bobby G. Moseley, from Townville, SC, and his son-in-law, J. Michael Caldwell of Williamston, SC, pleaded guilty to federal charges related to the illegal gambling operation, which spanned … [Read more...]

Beauty Queen Faces Fraud Charges Again

Beauty Queen’s Acquittal Overturned and Fraud Charges Trail Continues The 9th Circuit overturned a lower court judge’s ruling on a beauty queen’s acquittal on insurance and mail fraud charges, which claim the woman defrauded her insurance company of $123,000 while her mansion was undergoing repairs. Former Miss Montana Christin Didier was convicted by a jury in 2013 on insurance and mail fraud charges, as well as conspiracy, for collecting $123,000 from her home insurers, the Chubb Group, while her 110-year-old mansion underwent repairs for … [Read more...]