Fishers man accused of selling $230M in dubious financial products
A Fishers man is facing a tangle of legal issues related to accusations that he was involved in the nationwide sale of more than $230 million in questionable financial products.
Fraud
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Former Seven Corners employee sentenced for role in fraud scheme
A former employee of Carmel-based Seven Corners Inc. has been sentenced to 30 months in federal prison for her role in a scheme that defrauded the insurance company out of more than $588,000.
Accounts deceivable: Email scam costliest type of cybercrime
Business Email Compromise scams are a type of crime where criminals hack into email accounts, pretend to be someone they’re not and fool victims into sending money where it doesn’t belong. These crimes get far less attention than the massive ransomware attacks that have triggered a powerful government response, but BEC scams have been by far the costliest type of cybercrime in the U.S. for years, according to the FBI—siphoning untold billions from the economy as authorities struggle to keep up.
Drivers in Ohio River bridges lawsuit reach preliminary settlement
The plaintiffs in the Ohio River toll bridges billing dispute are asking a federal court to approve a $2.5 million settlement they have reached with Gila, LLC, a subcontractor hired to help with the invoicing and collections operation.
Carmel man gets 2 years in federal prison for defrauding ad agency
A 39-year-old Carmel man was sentenced to two years in federal prison Tuesday for defrauding the Indianapolis-based advertising and public relations agency where he worked out of more than $700,000.
Former Indianapolis post office manager charged with mail theft
The former customer service manager at the New Augusta Post Office branch on the northwest side of Indianapolis is facing federal criminal charges in connection with the theft of $1.7 million in checks from the branch over a 13-month period that ended in mid-2021.
Pandemic forces delay in fraud trial of former Celadon execs
The ongoing pandemic has created another delay in the long-pending fraud trial of two former Celadon Group Inc. executives.
Indiana joins lawsuit against California precious metals company
Indiana is one of 27 states filing a lawsuit against a California company accused of bilking elderly investors throughout the country out of nearly $70 million. Indiana Attorney General Todd Rokita’s office says at least 16 Indiana residents are among the victims who were defrauded by Safeguard Metals.
Judge rejects blocking Indiana online school fraud lawsuit
A judge is allowing state officials to continue with a lawsuit against several people and companies linked with two now-closed Indiana online charter schools facing allegations of a fraud scheme that cost the state more than $150 million.
Kiefer: PPP loan borrowers may face DOJ fraud investigations
The Congressional Select Subcommittee on the Coronavirus Crisis has estimated that there is “nearly $84 billion in potential fraud.”
Ex-ambulance service owner gets probation in fraud case
The former owner of a northwest Indiana ambulance service has avoided prison after pleading guilty in a health care fraud case that cost the government of millions of dollars.
Criminal case against former Celadon execs headed for court
More than two years after they were indicted on multiple fraud charges, two former Celadon Group Inc. executives are soon to have their day in court — if the pandemic allows it.
Indiana recovers $316K from settlement of Medicaid fraud kickback scheme
The Indiana Medicaid program has recovered more than $316,000 in funds from a $4.9 million resolution of allegations against PharMerica Inc., one of the nation’s largest long-term care pharmacies, after 14 years of litigation.
Several accused in Indiana school fraud want suit dismissed
Several people and companies linked with two now-closed Indiana online charter schools have asked a judge to dismiss claims against them in a lawsuit alleging a fraud scheme that cost the state more than $150 million.
COA: Oral agreement between former couple unenforceable by Statute of Frauds
A man who gave his ex-wife nearly $230,000 was unsuccessful in convincing the Court of Appeals of Indiana that they had previously agreed to use the money for a specific purpose and that their oral agreement wasn’t unenforceable under the Statute of Frauds.
COA: Bedford couple attempted to defraud ex-husband
A man who accused his ex-wife of purchasing a home to defraud him of money she owed him as a result of their dissolution decree has secured a reversal from the Court of Appeals of Indiana.
Appellate court affirms dismissal of contractor’s counterclaims after use of fraudulent docs
A contractor’s counterclaims against a group of property owners will not move forward after the Court of Appeals of Indiana determined a trial court didn’t err when it granted partial summary judgment to the owners because the contractor tendered fraudulent documents.
Indianapolis man found guilty of securities fraud
An Indianapolis businessman who was accused of taking part in a Ponzi-like scheme that robbed numerous investors of their retirement savings has been convicted of conspiracy to commit securities fraud and wire fraud, federal authorities announced Monday.
Community Health must face Justice Department’s false claims lawsuit, judge rules
A federal judge in Indianapolis has tossed out Community Health Network’s motion to dismiss a lawsuit by the U.S. Justice Department that alleges the hospital system engaged in a fraudulent scheme to keep patient referrals in its network.
Florida lawyer indicted for federal tax fraud scheme surrenders Indiana law license
A Florida lawyer who was indicted for bilking the federal government of more than $32 million in tax revenue through an Indiana fraud scheme has surrendered his license to practice law in the Hoosier State.