Latest Federal Crime News

‘Vegas Dave’ Indicted by Feds for Misuse of Social Security Numbers

The famous sports bettor who is known as ‘Vegas Dave’ is facing a federal indictment for misusing Social Security numbers. The federal indictment was filed on April 12, stating that Dave Oancea misused the Social Security numbers when he was opening player accounts at various Las Vegas casinos. The federal charges indictment states that there… Read More »

Caterpillar Accused of Billions in Possible Federal Tax Fraud

A report recently commissioned by the US government and was recently reviewed by the New York Times has accused Caterpillar of carrying out possibly billions in tax and accounting fraud. While it is very rare for the US government to accuse a major multinational corporation of federal tax fraud, it could result in large penalties… Read More »

GOP Accuses Democrats of Extorting Corporations

A 2017 congressional investigation charges that the Obama administration was funnelling billions of dollars to left wing organizations through a slush fund at the Department of Justice. According to Rep. John Ratcliffe (R-TX), the Obama administration was playing partisan politics with the slush fund. Findings that were uncovered by the House Judiciary Committee indicate a… Read More »

‘Dance Moms’ Star Abby Lee Miller Busted for Bankruptcy Fraud

Abby Lee Miller, the 50 year old reality TV dance instructor on ‘Dance Moms,’ is readying herself for the possibility of going to prison after she pleaded guilty to bankruptcy fraud in June 2016. If she is convicted, she is facing up to 10 years in prison. Her sentencing hearing has been rescheduled for May… Read More »

Nigerian Energy Mogul Facing Money Laundering Charges

A Nigerian energy mogul named Kola Aluko who owns a $51 million penthouse in Manhattan is being probed in Nigeria and Europe for possible money laundering. According to a Nigerian court, the country has attempted to freeze Aluko’s assets, including his Manhattan penthouse located on the 79th floor of the One57 building across from Central… Read More »

3 Takata Executives Face Federal Charges Over Airbag Deceptions

Federal prosecutors stated last week that they had filed criminal charges against three Takata executives, a major maker of auto parts in Japan, for faking test data to hide a fatal defect in the company’s airbags. This has been the largest automotive recall in US history, and now executives allegedly responsible for the cover up… Read More »

Hedge Fund Company Charged with $1 Billion Fraud

The top executives of the hedge fund manager Platinum Partners in New York City were arrested this week and charged with a $1 billion fraud scheme. Federal prosecutors said that it had become a Ponzi-like scheme as its biggest investments had plunged in value. In 2012, for example, executives misrepresented to auditors the value of… Read More »

Takata Corp. Airbag Flaws Could Lead to Criminal Charges

If you own a car, truck or SUV, there is a good chance that you have gotten an airbag recall in the last three years. Faulty airbags produced by the Takata Corporation have caused 14 deaths and 100 injuries to date. Takata is responsible for producing millions of airbags that are potentially defective and are… Read More »