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News Articles: Fraud

Gautam Adani, billionaire and chairman of Adani Group, speaks during an event at Israel's Port of Haifa, on Tuesday. The Indian billionaire, whose business empire was rocked by allegations of fraud by short seller Hindenburg Research, said his company will make more investments in Israel.

Tagged as: 

  • World

How Asia's ex-richest man lost nearly $50 billion in just over a week

Indian businessman Gautam Adani was a few billion dollars shy of Elon Musk. But he tumbled down the billionaires' list after a U.S. firm accused the Adani Group of pulling off an epic con.

February 02, 2023
|
By:
  • Sushmita Pathak
people talk financial matters

Tagged as: 

  • News

Inspector general finds state workers got erroneous unemployment payments during pandemic

Nearly 300 state employees erroneously received unemployment benefits totaling $6.7 million and averaging $23,700 per employee during the last two pandemic years, the Georgia Office of Inspector General (OIG) reported Wednesday.

January 05, 2023
|
By:
  • Dave Williams
Former FTX chief executive Sam Bankman-Fried arrives in a Manhattan federal court in New York on Jan. 3. Bankman-Fried pled not guilty to criminal fraud charges related to the spectacular collapse of his crypto exchange.

Tagged as: 

  • Business

Sam Bankman-Fried pleads not guilty to fraud and other charges tied to FTX's collapse

The co-founder and former CEO of FTX pleaded not guilty to eight criminal counts related to the spectacular collapse of his crypto exchange.

January 04, 2023
|
By:
  • David Gura
Gabriel Sterling, voting systems implementation manager for Secretary of State Brad Raffensperger, criticized Coffee County for its handling of the recount.

Tagged as: 

  • News

'We've come a long way in two years': Gabe Sterling reflects on the 2022 elections

With elections in the rearview mirror, state elections officials are lauding record breaking turnout and what they are calling a system that could be “a model for the nation for election reform.” However, as it stands now, the system is not without its critics, namely Democrats who say the shortened window for Georgians to cast ballots in the runoff could have disenfranchised some voters. Chief operating officer for the Secretary of State Gabe Sterling helped oversee this process. He spoke with GPB’s Peter Biello. 

December 12, 2022
|
By:
  • Peter Biello
Scuba-diving instruction takes place at a U.S. Navy training facility (not involved in this case).

Tagged as: 

  • Law

Georgia scuba instructor described as ‘architect’ of $6 million VA fraud scheme sentenced to prison

Kenneth Meers and co-conspirators exploited a veteran education program “purely for their personal enrichment,” the DOJ said.

December 12, 2022
|
By:
  • Benjamin Payne

Tagged as: 

  • News

Check theft through the mail is rising across America. Here's how you can reduce your risk

Checks are going missing from the mail in Georgia. The Dunwoody Police Department reports that checks totaling about half a million dollars have disappeared from the post office since last summer. Experts say those checks have found their way onto underground markets.

December 07, 2022
|
By:
  • Peter Biello
Founder and CEO of Theranos Elizabeth Holmes speaks at the Fortune Global Forum in San Francisco on Nov. 2, 2015.

Tagged as: 

  • Technology

It's judgment day for Theranos founder Elizabeth Holmes

The fallen Silicon Valley star faces up to 15 years in prison for defrauding investors in her blood-testing company. A U.S. senator is among those who have written letters asking for mercy.

November 18, 2022
|
By:
  • Bobby Allyn
Former Georgia running back and Republican Georgia Senate candidate Herschel Walker attends a college football game between UAB and Georgia, Sept. 11, 2021, in Athens, Ga. Police in Irving, Texas once confiscated a gun from Walker following a domestic disturbance because the former football legend talked about having “a shoot-out with police.” The revelation was included in a 2001 police report that recently obtained by The Associated Press.

Tagged as: 

  • Politics

Political Rewind: Second woman alleges Walker paid for abortion; Latino vote; Poll workers

Thursday on Political Rewind: A second woman has alleged that Herschel Walker tried to convince her to have an abortion. How will it affect his campaign?



Plus, election officials brace for disruptions at polling places motivated by the "big lie" conspiracy.

And a look at Georgia's Hispanic electorate.

 

October 27, 2022
|
By:
  • Bill Nigut ,
  • Natalie Mendenhall ,
  • and 1 more
The U.S. Department of Justice said 47 people devised and carried out a massive scheme to defraud the Federal Child Nutrition Program out of $250 million.

Tagged as: 

  • Law

DOJ charges 47 with stealing $250 million from a pandemic food program for kids

The defendants allegedly carried out a plot to steal $250 million from a nutrition program meant to serve needy children in Minnesota. Officials called it a "brazen scheme of staggering proportions."

September 20, 2022
|
By:
  • Vanessa Romo
Then-California Rep. TJ Cox speaks at a news conference on Capitol Hill in Washington on Jan. 17, 2019.

Tagged as: 

  • Law

Former California Rep. TJ Cox faces over two dozen federal fraud charges

The single-term Democrat allegedly participated in multiple fraud schemes, including one involving his 2018 run for Congress.

August 16, 2022
|
By:
  • Jaclyn Diaz
A former Yale University administrator has pleaded guilty to a years-long scheme of stealing electronics ordered for the university and reselling the items. Here, a shuttle drives students around Yale's campus.

Tagged as: 

  • Law

A former Yale employee admits she stole $40 million in electronics from the university

Jamie Petrone has pleaded guilty to a years-long scheme of stealing electronics ordered for Yale University and reselling the items. She used the money to buy herself luxury cars and multiple homes.

March 29, 2022
|
By:
  • Jaclyn Diaz
Russian opposition leader Alexei Navalny (right) is seen via a video link provided by the Russian Federal Penitentiary Service. Access to his trial has been limited.

Tagged as: 

  • Europe

Russian court finds jailed Kremlin critic Alexei Navalny guilty in fraud case

Navalny, who is already serving a 2.5-year sentence for parole violations, was sentenced to an additional nine years in a high-security prison. He has vowed to keep fighting.

March 22, 2022
|
By:
  • Rachel Treisman
Bridgeport Police Chief Armando Perez was chosen to lead the department in 2018, but authorities said he and a city official schemed to help him with the police chief examination.

Tagged as: 

  • Law

Connecticut Police Chief Faces Fraud Charges On Allegations He Rigged His Own Hiring

Federal authorities arrested the police chief and city personnel director of Bridgeport, Conn., on Thursday, alleging the two rigged the examination process that led to the chief's hiring in 2018.

September 11, 2020
|
By:
  • Rachel Treisman
As the coronavirus pandemic continues, so do scams that are intended to capitalize on people's fears and anxieties.

Georgia Scams Alert: Woman Sells Pesticide As Coronavirus Killer; Texts Warn Of Exposure

Some Georgians over the last few weeks received a disturbing text message on their phone. It told them they came into contact with someone diagnosed...

April 16, 2020
|
By:
  • Sarah Rose

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