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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...]

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 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...]

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...]

ZeekRewards Founder Indicted on Federal Charges for Ponzi Scheme

ZeekRewards Founder Faces Federal Charges in North Carolina for Ponzi Scheme The president and founder of ZeekRewards, a penny exchange website, has been indicted by a grand jury in North Carolina for several federal charges, including wire fraud, mail fraud, and tax fraud, for creating the internet Ponzi scheme. Paul Burks, 67, is a resident of Lexington, NC. On Friday, October 24th, a federal grand jury indicted Burks on charges of wire and mail fraud conspiracy, wire and mail fraud, and tax fraud conspiracy. According to the federal … [Read more...]

Former Charlotte Mayor Guilty Plea to One Charge of Wire Fraud, Sentenced to Federal Prison

Former Charlotte, NC Mayor Sentenced to Federal Prison for Pleading Guilty to One Charge of Wire Fraud In June, former Charlotte, NC mayor Patrick Cannon pleaded guilty to one charge of wire fraud, which stemmed from numerous bribery, extortion, and other federal charges that cropped up during his tenure as mayor. On Tuesday, October 14th, Cannon was sentenced to 44 months in federal prison. Cannon was also sentenced to 2 years of supervised release, and a $10,000 fine. Federal prosecutors wanted Cannon in jail for 37 months, or just over 3 … [Read more...]

Woman Sentenced for Embezzling from Homeless Charity

Former CFO Sentenced for Embezzling $440,000 from Charleston Homeless Charity On Tuesday, September 30th, the former CFO of a Charleston-area homeless charity, Crisis Ministries, was sentenced to 4 years in federal prison after being found guilty of embezzling money from the group for almost a decade. Carol Libby, 56 years old, was found guilty of embezzling $440,000 from Crisis Ministries over a period of 7 years. The nonprofit was the largest homeless charity in South Carolina, but has since changed its name to One-Eighty Place, and still … [Read more...]

Investors Receive Money from 3 Hebrew Boys Scam

Scam Victims Receiving Restitution in 3 Hebrew Boys Aftermath On Wednesday, October 8th, US Attorney Bill Nettles reported that former investors in the 3 Hebrew Boys scam will begin to receive their part of $19 million, which hopefully is the third of many rounds of restitutions for the scam victims. The first round went out in May 2012, and the second went out in June 2013. Around 3,800 checks were mailed to the former investors, Nettles said in a news release, which gives the victims about 46 cents to every dollar they lost. The three … [Read more...]

Couple Divided on Plea Deal for Federal Charges in Erica Parsons Case

Casey Parsons Takes Plea Deal for Federal Charges, Sandy States that He Will Go to Court The adoptive father of missing North Carolina teenager Erica Parsons stated on Tuesday, October 7th, that he will go to court to face his federal fraud charges, despite the fact that, for the same charges, his wife has accepted a plea deal for federal charges. Sandy and Casey Parsons each faced 76 federal charges involving defrauding the federal government by accepting adoption program money although Erica Parsons had run away from home. In the first … [Read more...]