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investment fraud

Your free resource guide for investment fraud. Get free news on investment fraud daily.

Blaxican's pal guilty in Sandler movie fraud scheme (SouthtownStar)Brian Falatovich faces up to five years in prison for forgery and obstruction of justice for his role in the "Blaxican" movie scam. The 46-year-old admitted recruiting 17 friends and relatives into a fraudulent Hollywood investment scheme, taking at least $1.2 million of their cash.

Feds charge Lowell man with fraud, theft (The Grand Rapids Press)GRAND RAPIDS -- A Lowell man has been charged in U.S. District Court with four counts of bank fraud and four counts of identity theft.

Six facing charges for alleged investment fraud (Canoe Money)TORONTO - Six people from Ontario are facing fraud charges after a lengthy RCMP investigation.

$23m in fraud, 300 victims -- and just five days in jail for perpetrator (The Salt Lake Tribune) Posted: 11:23 AM- PROVO -- An Alpine man has been sentenced to just five days in jail for defrauding more than 300 investors out of almost $23 million dollars, and the fraud victims couldn't be happier.

Six Ontarians facing fraud charges for alleged investment fraud (Canadian Business)TORONTO - Six people from Ontario are facing fraud charges after a lengthy RCMP investigation. The investigation was launched in 2006 following a complaint over an alleged fraudulent investment scheme by Toronto-based Themed Technological Innovations.

Woman indicted on investment fraud charges (Greenwich Time)A Greenwich woman was indicted Thursday for mail fraud in federal court in White Plains, N.Y., in connection with an investment scheme that prosecutors said bilked investors of $1.

RCMP charge six in alleged investment fraud (Investment Executive)RCMP in London, Ont. have charged six people in connection with an alleged “large-scale” investment fraud.

James Halstead ordered to pay $22 million in investment scheme (Los Angeles Times)The Santa Ana man blew investors' money on a lavish lifestyle, a federal judge says. He also faces punitive damages. A federal judge has socked James R. Halstead with a $22-million summary judgment, ruling that the Santa Ana insurance salesman solicited the money for sophisticated investments but instead blew it on fast cars, a mistress and Las Vegas real estate.

Kwantlen student union sues former leaders for fraud, theft (Vancouver Sun)The Kwantlen University College Student Association has filed a lawsuit in B.C. Supreme Court against a group that once dominated the organization, alleging it misused more than $2 million in student fees to commit fraud, mismanagement and theft.

Burbank man gets nine years for investment scam (Los Angeles Daily News)Calling him "a parasite to the community," a federal judge Monday sentenced a Burbank man to nine years in prison for running an investment scam that cost a North Carolina businessman more than $8.