Russian Twins Indicted for $7.2M Commodities Fraud Scheme

On October 19, 2012, the US Attorney’s Office for the Northern District of Illinois announced that Marat Yunusov and Ayrat Yunusox of Kazan, Russia were charged with eight counts of wire fraud and two counts of commodities fraud.  The two men managed to profit $7.2 million by engaging in manipulative trading with the CME Group ...

Couple Defrauded Illinois through Child Care Assistance Program

On October 19, 2012, the US Attorney’s Office for the Northern District of Illinois announced that a Chicago couple involved with daycare centers around suburban Cicero were indicted on federal charges for receiving fraudulent state subsidy payments.   Herman Jackson owned St. Peters Christian Academy and involved himself ...

Nigerian Fugitive Committed Massive Fraud Scheme

On October 19, 2012, the US Attorney’s Office for the Southern District of Texas announced that Godwin Chiedo Nzeocha was convicted for participating in a health care fraud scheme involving City Nursing.  Nzeocha is a naturalized U.S. citizen from the Federal Republic of Nigeria.   Nzeocha was charged on October ...

Husband and Wife Guilty of Wire Fraud in Idaho

On October 18, 2012, the US Attorney’s Office for the District of Idaho announced that Aaron Michael Hymas and Tiffany Kim Hymas of Bountiful, Utah, pled guilty to wire fraud in a United States District Court in Boise.   During the plea agreements, the Aaron and Tiffany Hymas admitted to submitting a falsified loan ...

Halfway House Owner Guilty for $205M Medicare Fraud

On October 18, 2012, the Office of Public Affairs announced that Hassan Collins, the owner and operator of New Way Recovery Inc in Florida, was sentenced to 51 months in prison for his role in a $205 million Medicare fraud scheme.  He was also sentenced to three years of supervised release and ordered to pay $2,413,675 in restitution ...

NY Investment Manager Stole $5 Million from Investors

On October 18, 2012, the US Attorney’s Office for the Eastern District of New York announced that Aleksander Efrosman pleaded guilty to a fraudulent investment scheme that resulted in investors losing more than $5 million.  Efrosman is the investment manager of Century Maxim Fund Inc and AJR Capital Inc.  The guilty plea ...

More Charges Filed Against Former PA State Senator

On October 17, 2012, the US Attorney’s Office for the Middle District of Pennsylvania stated that two more charges were brought against former Pennsylvania Senator Raphael J Musto.  He faces two new charges for unlawfully awarding construction projects in return of bribes.   Senator Musto formerly represented the ...

Two NYPH Hospital Employees Engaged in Kickback Schemes

Yesterday, the Department of Justice announced that two high-ranking employees at the New York Presbyterian Hospital (NYPH) were sentenced for participating in two different kickback schemes.  Santo Saglimbeni, the former vice president of facilities operations, received 48 months in prison and a $250,000 fine.  Emilio Figueroa ...

Elk Grove Man Arrested for $20 Million Fraud Scheme

On October 16, 2012, the US Attorney’s Office for the Eastern District of California announced that Vincent Thakur Singh, formerly from Elk Grove, was arrested in Caldwell, Idaho for investment fraud and bankruptcy fraud.  He was indicted on 24 counts of “wire fraud, false statements in bankruptcy, and bankruptcy bribery ...

Two Illinois Men Charged in $28 Million Fraud Scheme

On October 16, 2012, the US Attorney’s Office for the Northern District of Illinois stated that Robert C Pribilski and John T Burns, III are scheduled for arraignment tomorrow, October 18, at 9:30 a.m.  The third defendant is Mahmut Erhan Durmaz, but he fled the United States in March of 2010 and is believed to be hiding in ...

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