Former San Jose Police Officer Convicted In Fraud Scheme Involving Side Security BusinessA retired officer with the San Jose Police Department was convicted Friday in a multi-million dollar fraud involving a private security business he was running without the department's knowledge, prosecutors said.
California EDD Suspends Some Disability Claims, Citing FraudAfter stealing the identities of death row inmates and even a sitting U.S. senator to make off with billions of dollars in fraudulent unemployment benefits during the pandemic, scammers have now moved on to impersonating doctors to dupe California officials into giving them disability checks.
Sentencing Of Elizabeth Holmes In Theranos Fraud Case Delayed Until Late SeptemberThe sentencing of Elizabeth Holmes on four counts of criminal wire fraud will be delayed until Sept. 26 based on a stipulation between the prosecution and the defense and an order signed by U.S. District Judge Edward Davila on Wednesday.
Theranos Whistleblower Tyler Shultz: Elizabeth Holmes 'A Very, Very Charismatic Person'Like many people she came into contact with during her heyday as the darling of Silicon Valley, Tyler Shultz was at first mesmerized by Elizabeth Holmes, but soon realized something wasn't quite right with Theranos and her claims about the company's allegedly revolutionary blood testing technology.
Jury In Holmes Trial Continues Deliberating After Closed-Door MeetingFollowing a surprise closed-door meeting, the jury deliberating fraud charges against former Theranos CEO Elizabeth Holmes continued Wednesday.
Jury Deliberates Fourth Day In Elizabeth Holmes Fraud Trial, No VerdictThe jury in the Elizabeth Holmes criminal fraud trial spent its fourth day deliberating on Monday without reaching a verdict.
Former Theranos CEO Elizabeth Holmes Fraud Trial Heads To JuryJury deliberations in the trial of former Theranos CEO Elizabeth Holmes will begin Monday after closing arguments wrapped up and the case was presented to the jury on Friday.
Monterey Judge Sentences Siblings For Covid Unemployment FraudA Monterey County judge sentenced a brother and sister this week following their convictions for defrauding the state of more than $17,000 in unemployment benefits.
Judge Sentences Ad Exec to 3 Years In Prison For $8 Million FraudA federal judge sentenced the former head of a local advertising firm to three years in prison Wednesday for swindling banks and investors of more than $8 million.
Ex-Netflix Exec Sentenced to Prison For 30 Months For Taking BribesA federal judge sentenced a former Netflix executive to 30 months in prison Tuesday after he was convicted on several charges of fraud and money laundering back in April.
'I Wish I Hadn't Done That': Elizabeth Holmes Testifies About Fake Pfizer ValidationIn a third day of grueling testimony, Elizabeth Holmes expressed regret for putting a Pfizer company logo on some validation documents sent to Walgreens, even though Pfizer never validated Theranos.
Fmr. Silicon Valley Bank VP Convicted Of Insider Trading Charged With Forging Sentencing ReferencesA former Silicon Valley bank vice-president convicted of insider trading and securities scam is facing new criminal charges for tampering, identity theft and criminal contempt after allegedly forging several character references to get a lighter sentence.
Theranos Trial: Elizabeth Holmes Takes Stand For 2nd Day, Claims Early SuccessesElizabeth Holmes spent her second day on the witness stand in the Theranos fraud case on Monday, claiming that the company had success early on.
San Francisco Woman Who Posed As Lawyer Sentenced For Mail Fraud, Lying On Loan ApplicationA San Francisco woman who posed as a lawyer and lied to get more than $350,000 in pandemic relief money was sentenced to 18 months in prison in exchange for her guilty plea, federal prosecutors said.
California Finds Scant Fraud In New Rental Assistance ProgramsA new report released this week from California’s Department of Housing and Community Development found that the agency’s new rental assistance program saw no fraud during its first eight months of operation.