Trump Organization faces criminal tax fraud trial over perks
The Trump Organization is on trial this week for criminal tax fraud — on the hook for what prosecutors say was a 15-year scheme by top officials to hide the plums and avoid paying taxes.
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Clarksville man faces prison time for $1M tax fraud scheme
A Clarksville-based private investigator has been sentenced to nine months in federal prison after pleading guilty to a $1 million tax fraud scheme.
NY attorney general sues Donald Trump, his company
New York’s attorney general sued former President Donald Trump and his company on Wednesday, alleging business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C.
US: 48 exploited pandemic to steal $250M from food program
United States authorities charged 48 people in Minnesota with conspiracy and other counts in what they said Tuesday was the largest pandemic-related fraud scheme yet, stealing $250 million from a federal program that provides meals to low-income children.
Indiana Supreme Court gives convicted attorney third suspension
The South Bend attorney who was sentenced to more than 10 years in federal prison for defrauding investors has been suspended again from the practice of law in Indiana.
Federal judge dismisses investors’ complaint against Elanco alleging ‘channel stuffing’
A federal judge has dismissed, for now, an investors’ securities suit against Elanco Animal Health that claimed the Greenfield-based company defrauded shareholders by “stuffing” product distribution channels far in excess of customers’ demands.
15 of 17 securities fraud charges against 1 man upheld on appeal
A 17-count indictment against a man accused of securities fraud has largely been upheld on appeal, although the Court of Appeals of Indiana did order the dismissal of two of those charges on statute-of-limitations grounds.
Ex-Indiana lawmaker, casino exec sentenced in casino money scheme
A former Indiana state senator and a longtime casino executive were sentenced Wednesday to federal prison terms for their roles in a scheme that illegally funneled gambling company money to the politician’s unsuccessful 2016 congressional campaign.
Federal criminal case against former Celadon Group executives dismissed
In an uncommon turn of events, all fraud charges against two former Celadon Group Inc. executives have been dropped, ending a federal criminal case that had been ongoing for more than two years.
Former Theranos exec Ramesh Balwani convicted of fraud
A jury on Thursday convicted former Theranos executive Ramesh “Sunny” Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.
7th Circuit modifies restitution, forfeiture for fraudster
An Indiana tire store manager who defrauded his company out of hundreds of thousands of dollars has been granted some financial relief but will not get the new trial he’d hoped for.
Justices reinstate judgment for loan broker, reject ‘fraud’ finding
A loan brokerage company will be permitted to collect a roughly $3,000 consultant’s fee from a client that rejected its financing offer, the Indiana Supreme Court has ruled, overturning a lower court’s finding that the broker asked the client to commit fraud in order to obtain financing.
US failed to stop fraud in COVID loan program, Clyburn says
The U.S. failed to take basic steps at the start of the coronavirus pandemic to prevent fraud in a federal aid program intended to help small businesses, depleting the funds and making people more vulnerable to identity theft, the chairman of a House panel examining the payouts said Tuesday.
Takeaways: Trump’s mind ‘made up’ on fraud ahead of Jan. 6
The House panel investigating the Jan. 6, 2021, insurrection systemically made the case in its second hearing Monday that several of former President Donald Trump’s advisers warned him against making claims of widespread voter fraud in the 2020 election that he lost.
Trump loses appeal, must testify in New York civil probe
Former President Donald Trump must answer questions under oath in the New York attorney general’s civil investigation into his business practices, a state appeals court ruled Thursday, rejecting his argument that he should be excused from testifying because his answers could be used in a parallel criminal probe.
South Bend attorney sentenced to over 10 years in prison for defrauding clients
South Bend attorney Sven Eric Marshall has been sentenced to serve more than 10 years in federal prison and ordered to pay $1.94 million in restitution for defrauding investors in his former business, Trust & Investment Advisory Services of Indiana, Inc.
Bont: White collar update: Theranos cases continue in California
What did Elizabeth Holmes gain by putting the government to its proof?
Trial Rule 60(B) does not sway COA to overturn default judgment
A certified public accountant who abruptly booted a tenant from his property then failed to appear at the subsequent court proceedings discovered the limits of trying to get relief under Indiana Trial Rule 60(B) when the Court of Appeals of Indiana found the CPA miscalculated his ability to get a do-over.
COA partially rules for town in property, ITCA dispute
An Indiana town will receive partial judgment from the Court of Appeals of Indiana on fraud and constructive fraud claims brought against it by a property owner who claimed the town backed out on its promise to purchase land.
Man pleads guilty to stealing checks intended for churches, including in Indiana
A Florida man has pleaded guilty in connection with the theft of more than 2,600 checks intended for religious institutions in several states, including Indiana, that were deposited into fake bank accounts, a federal prosecutor in Maryland said.