The Indiana Attorney General’s Office waited too long to file claims under a crime insurance policy after a former Lawrenceburg city official absconded with more than $40,000 in misappropriated public funds, the Indiana Court of Appeals ruled Thursday, finding for the insurer and reversing a trial court judgment in favor of the state.
An Indianapolis businessman accused of inducing at least 100 individuals to sink more than $11 million into a fraudulent, Ponzi-style investment scheme has agreed to plead guilty to two counts of federal wire fraud and one count of money laundering.
A Jay County woman has pleaded guilty to diverting more than $86,000 in public funds and spending it on personal indulgences during her time as a township trustee.
President Donald Trump pardoned former chief strategist Steve Bannon as part of a flurry of clemency action in the final hours of his White House term that benefited more than 140 people, including rap performers, ex-members of Congress and other allies of him and his family.
Federal prosecutors are recommending a 15-month prison sentence for the former mayor of Whiting, who pleaded guilty to fraud and a tax crime.
Hoosiers looking to find a new furry friend via the Internet need to watch out for scammers, the Indiana Attorney General’s office announced Thursday.
A former northwestern Indiana mayor faces a January sentencing after pleading guilty to charges that he illegally used public campaign donations to cover gambling losses.
The mayor of Whiting has pleaded guilty to wire- and tax-fraud charges related to allegations he and his wife used more than $250,000 in campaign funds for gambling, paying credit card debt and other personal expenses, then filed false or misleading campaign reports or tax returns.
The former financial coordinator of a charitable foundation operated by Carmel-based women’s fraternity Zeta Tau Alpha has been sentenced to more than two years in federal prison after pleading guilty to embezzling about $450,000 from the organization.
Former White House adviser Steve Bannon was arrested Thursday on charges that he and three others ripped off donors to an online fundraising scheme “We Build The Wall.”
The U.S. District Court for the Southern District of Indiana is warning Hoosiers of scam phone calls being made by “spoofing” the federal district court’s main phone number to intimidate residents, the federal court alerted in a Wednesday announcement.
New York’s attorney general sued the National Rifle Association on Thursday, seeking to put the powerful gun advocacy organization out of business over claims that top executives illegally diverted tens of millions of dollars for lavish personal trips, no-show contracts for associates and other questionable expenditures.
General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that the company bribed union officials and GM employees with millions stashed in secret foreign bank accounts.
A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge Monday he was justified in demanding them because of public reports of “extensive and protracted criminal conduct at the Trump Organization.”
Indianapolis man Frank “Bread” Powell has been sentenced to more than 11 years in federal prison for leading a large-scale fraud ring that bilked Kroger and other retailers out of hundreds of thousands of dollars.
Schemes to con people out of their stimulus checks, to get money for face masks that are never delivered and to get payments for bogus COVID-19 treatments or cures have surged. In fact, the Federal Trade Commission has a special coronavirus page on its website devoted to advising consumers on how to identify real contact tracers and to ignore offers for home test kits.
The Supreme Court on Monday preserved an important tool used by securities regulators to recoup ill-gotten gains in fraud cases.
The U.S. communications regulator on Tuesday proposed a $225 million fine, its largest ever, against two health insurance telemarketers for spamming people with 1 billion robocalls using fake phone numbers.
A unanimous United States Supreme Court on Thursday threw out the convictions of two political insiders involved in the “Bridgegate” scandal that ultimately derailed the 2016 presidential bid of then-New Jersey Gov. Chris Christie. The justices found evidence of deception, corruption and abuse of power in the scheme, but said “not every corrupt act by state or local officials is a federal crime.”
The bankruptcy trustee seeking to recover millions of dollars for victims of Indianapolis businessman Tim Durham’s Ponzi scheme has come up empty in a nearly decade-long lawsuit against a deep-pocketed lender he alleged was culpable in the fraud.