Man Indicted In Alleged $11 Million African Diamond Export ScamProsecutors say a dual U.S. and Swiss citizen lied to investors, saying he was directly importing diamonds and gold from the Democratic Republic of Congo to Europe, Asia and the U.S.
Menlo Park Dry Cleaning Business Owner Faces Prison For FraudAn owner of a Menlo Park dry cleaning business is facing up to eight years in state prison after pleading no contest Friday to numerous charges of felony identity theft and fraud, prosecutors said.
Martin Shkreli Pleads Not Guilty To New Charges In Securities Fraud CaseA pharmaceutical executive who came under fire for jacking up the price of a lifesaving malaria medication has pleaded not guilty to new charges in his securities fraud case.
Most Stores Have New Chip Card Readers, But Aren't Using ThemMost of the stores where you shop probably have the new machines that let shoppers dip their new security chip-equipped cards into rather than swiping, but they aren’t using them yet.
Elk Grove Man Charged In Adult Adoption Scheme To Defraud Undocumented ImmigrantsThe purported head of an elaborate adult adoption scheme was arrested Thursday after allegedly defrauding undocumented immigrants.
Safeway Investigates Possible Card SkimmingSafeway is investigating the possibility of thieves placing card skimmers at several grocery stores.
Monterey Court Convicts Woman For Trying To Take $36,000 From Her Mother's Bank AccountA 50-year-old woman was convicted in a Monterey County courtroom for attempting to take tens of thousands of dollars from her mother’s bank account, the district attorney’s office announced Friday.
No Contest Plea In Fraud Ring Charges For Oakland Black Muslim Temple Minister, His MotherThe minister of a Black Muslim temple in Oakland and his mother have pleaded no contest to felony charges for running a fraud ring to win security contracts in Alameda County and Los Angeles, prosecutors said.
Watchful Thieves Use 'Shoulder Surfing' To Clean Out ATM Users' AccountsLast month, a Fremont woman notified police after her account was debited during ATM transactions she didn't make. Police are certain she was a victim of 'ATM shoulder surfing.'
2 French Uber Execs Facing Prison For Alleged Fraud, Illegal PracticesUber execs Thiebaud Simphal and Pierre-Dimitry Gore-Coty face up to five years in prison and fines of $335,000 per charge over allegations of fraudulent commercial activity, operating an illegal taxi service, and maintaining illegal databases.
Saratoga Lawyer, Associate Accused Of Defrauding Investors Out Of $1 MillionA Saratoga lawyer and an associate from Kentucky have been indicted by a federal grand jury on charges of conspiring to defraud investors of more than $1 million.
Ex-CEO Of Sunnyvale’s Herguan University Gets Prison, $700K Fine In Visa Fraud Case A former executive of a small private university in Sunnyvale has been sentenced in federal court in San Jose to a year in prison for submitting a false document to the U.S. Department of Homeland Security.