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Nov 23, 2010 02:25 AM

Caretaker of Elderly Millionaire Convicted of Stealing $3.2 Million, Valuable Artwork

Caretaker of Elderly Millionaire Convicted of Stealing $3.2 Million, Valuable Artwork

James S. Biear was found guilty by a jury in Manhattan federal court on charges of interstate transportation of stolen property; wire, mail, bank, and credit card fraud; and money laundering, all in connection with his scheme to steal $3.2 million and artwork—including works by Andy Warhol, Marcel Duchamp, Francis Picabia, Alex Katz, Joe Brainard, and others—from his employer, an elderly millionaire.

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Nov 22, 2010 11:00 PM

Six Pre-Paid Funeral Company Officials Indicted in Massive Fraud Scheme

Six Pre-Paid Funeral Company Officials Indicted in Massive Fraud Scheme

Six controlling officials of National Prearranged Services, Inc., were named in a 50-count indictment returned in St. Louis, Missouri charging wire, bank, mail, and insurance fraud; money laundering; and multiple conspiracy charges involving the sale of pre-paid funeral services. The loss to purchasers, funeral homes, and state insurance guarantee associations will range from $450,000,000 to $600,000,000.

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Nov 22, 2010 09:45 PM

Financial Advisor Charged with Defrauding Investors of at Least $2 Million

Financial Advisor Charged with Defrauding Investors of at Least $2 Million

Former financial advisor Jesse Alvin Cripps Sr., previously of Visalia, California, was charged with 27 counts of mail fraud and three counts of money laundering in connection with a scheme to defraud investors of at least $2 million through various means, using his church contacts to solicit individuals to invest money with him.

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Nov 22, 2010 09:10 PM

Arizona Man Sentenced to Over 10 Years for Selling Methamphetamine

Arizona Man Sentenced to Over 10 Years for Selling Methamphetamine

Larry Keams Kahn, of Flagstaff, Arizona, was sentenced to 121 months in federal prison after pleading guilty to possession with intent to distribute methamphetamine. His sentencing was part of the largest drug investigation ever conducted on the Navajo Nation.

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Nov 20, 2010 12:25 AM

Societe Generale Trader Convicted of Stealing High-Frequency Trading System Code

Societe Generale Trader Convicted of Stealing High-Frequency Trading System Code

Samarth Agrawal, a former trader  at Societe Generale, was convicted in Manhattan federal court of theft of trade secrets and interstate transportation of stolen property for stealing the proprietary computer code used in Societe Generale's high-frequency trading system.

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Nov 20, 2010 12:15 AM

Senior U.S. District Court Judge Guilty of Drug Offenses, Conversion of Government Property

Senior U.S. District Court Judge Guilty of Drug Offenses, Conversion of Government Property

Jack T. Camp Jr., a Senior U.S. District Judge in the Northern District of Georgia, admitted that he unlawfully possessed and used cocaine, marijuana, and Roxycodone and that he gave an individual, whom he knew had a prior felony drug conviction, money to purchase those drugs. Camp also admitted that he unlawfully gave that individual a U.S. District Court laptop computer for her personal use.

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Nov 18, 2010 12:25 AM

Ahmed Khalfan Ghailani Found Guilty in 1998 Embassy Bombings Plot

Ahmed Khalfan Ghailani Found Guilty in 1998 Embassy Bombings Plot

Ahmed Khalfan Ghailani was found guilty today for his role in the 1998 bombings of the U.S. Embassies in Kenya and Tanzania that took the lives of 224 people, including 12 Americans. Ghailani, a 36-year-old Tanzanian national, was the first detainee held at the Guantanamo Bay Naval Base in Cuba to be tried in a civilian court. He was found guilty of conspiring to destroy property and buildings of the United States, following a five week trial in New York.

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Nov 17, 2010 11:25 PM

Chinese National Pleads Guilty to Stealing Ford Trade Secrets

Chinese National Pleads Guilty to Stealing Ford Trade Secrets

Former Ford employee Xiang Dong Yu, of Beijing, China, pled guilty in federal court in Detroit, Michigan to two counts of theft of trade secrets. Yu copied approximately 4,000 Ford documents, including sensitive Ford design documents, onto an external hard drive and took them to Beijing Automotive Company, his new employer in China.

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Nov 17, 2010 11:20 PM

California Woman Sentenced on Human Trafficking Charge

California Woman Sentenced on Human Trafficking Charge

Fang Ping Ding, of Fremont, California, was sentenced to more than three years in prison for confiscating the passport, visa, and other documents of a woman from the People's Republic of China in order to maintain control over the victim and force her to work as an unpaid, live-in domestic servant.

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Nov 17, 2010 06:20 PM

Owners of Bankrupt Sunrise Equities Accused in Ponzi Scheme

Owners of Bankrupt Sunrise Equities Accused in Ponzi Scheme

Three owners of a bankrupt Chicago real estate development firm that purported to adhere to Islamic law in handling investments from individuals in the Chicago area and nationwide actually operated a Ponzi-scheme that defrauded hundreds of victims and three banks of more than $43 million, according to a federal indictment made public today.

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