Texas Securities Commissioner Issues Emergency Order To Stop Fraudulent Cryptocurrency Trading ProgramThe action names Bitles Limited and Janis Lacis, its principal, and C3 Data Services and Edward Carter, its principal.
I-Team: Texas Paid Out Fraudulent Unemployment Claims Months After They Were Flagged As FraudSince the start of the pandemic, the TWC has tagged more than 373,000 unemployment claims as suspicious. The CBS 11 I-Team has discovered some claims are being paid out long after they were flagged for fraud.
North Texas Man Moses Moreira Pleads Guilty To Involvement In Multi-Million Dollar International Fraud SchemeThe FBI says Moses Moreira's victims lost a combined total of $4 million.
Texas Man Used $17.3M In PPP Loans To Buy Cars, Jewelry, Luxury CarsIn Texas, a man pleaded guilty to seeking $24.8 million in PPP loans using the names of 11 different companies to make loan applications to 11 lenders.
Texas Workforce Commission Paid Out $506M To Suspicious Claimants, More Steps Taken To Combat Unemployment FraudWhile some fraud cases involve people who say they are unemployed but are actually working, TWC Director Ed Serna said the bigger problem is organized crime from nation states.
North Texan Dinesh Sah Pleads Guilty To $24M COVID-Relief Fraud SchemeAccording to court documents, Dinesh Sah, 55, admitted that he submitted 15 fraudulent applications, filed under the names of various purported businesses that he owned or controlled.
Sweetwater Man Stewart Kile Williams Pleads Guilty To $12.3 Million Wire Fraud SchemeFormer Sweetwater business owner Stewart Kile Williams, 31, plead guilty Wednesday to engaging in a $12.3 million wire fraud scheme.
Dallas Tax Preparer Headed To Prison, Ordered To Pay $11 Million For Filing Fake Tax ReturnsA tax return preparer in Dallas has pled guilty to filing fraudulent income tax returns and is headed to prison. The owner of In Touch Tax Solutions was sentenced to 3½ years.
Watchdog Groups Fear More Fraud With New Round Of PPP Loans For Small BusinessesAs business begin apply for the second round of COVID-19 relief funding, federal investigators continue to uncover alleged fraud from the first round of loans.
Texas Man Samuel Yates Charged With $5 Million COVID-Relief FraudSamuel Yates allegedly sought millions of dollars in forgivable loans guaranteed by the SBA from two different banks.
Texas Megachurch Pastor Kirbyjon Caldwell Sentenced To Prison For Fraud SchemeKirbyjon Caldwell, a Texas megachurch pastor and former spiritual adviser to two U.S. presidents, has been sentenced to six years in prison for bilking investors out of millions of dollars.