ATLANTA (AP) — It took less than two hours Thursday for jurors to decide that Georgia's suspended insurance commissioner was indeed a “fraudster” and not an innovator, as they convicted Jim Beck on 37 criminal counts relating to more than $2.5 million he embezzled from his former employer.
CHARLESTON, W.Va. (AP) — A West Virginia man has been convicted of organizing a network of shoplifters, many of them addicted to drugs, to steal hundreds of thousands of dollars in store merchandise that he then resold on the internet.
ATLANTA (AP) — Georgia's suspended insurance commissioner testified at his federal fraud trial Tuesday, saying he oversaw valuable work for his former employer and that hundreds of thousands of dollars that flowed to an entity he controlled was not part of a scam.
ATLANTA (AP) — Suspended Georgia Insurance Commissioner Jim Beck improperly took money from the private insurer he led and used it to buy campaign signs when the Republican ran for office in 2018, a witness testified Friday in Beck’s trial.
ATLANTA (AP) — Sonya and Steve McKaig were close friends with Jim Beck until they got a look at the evidence that federal investigators had gathered against the now-suspended Georgia insurance commissioner. Then the friendship ended with the McKaigs saying they learned Beck was embezzling.
LAS VEGAS (AP) — Federal law enforcement officials said Wednesday that they dismantled a key international cocaine and money-laundering hub in an ongoing investigation that began six years ago in Las Vegas and has involved more than 30 other countries.
SARAJEVO, Bosnia-Herzegovina (AP) — Bosnian authorities have detained the head of the Balkan country's state security agency in a probe that includes money laundering.
ATLANTA (AP) — Prosecutors want jurors to conclude that suspended Georgia Insurance Commissioner Jim Beck was running a $2 million scam to bilk money from the property insurer he led before being elected. Defense attorneys say Beck was actually an innovative executive who led the Georgia Underwriting Association to strong profits and that prosecutors don't understand Beck's innovations.
ATLANTA (AP) — More than two years after he was accused of defrauding his former employer of more than $2 million and indicted on federal charges, Georgia's suspended insurance commissioner is set to stand trial.
NEW YORK (AP) — Federal authorities say they are seeking a fugitive who tried to create a marketplace in the dark spaces of the internet for those with an appetite for inside information on stocks.
NEW BERN, N.C. (AP) — A Russian national living in North Carolina who had been accused by authorities of involvement in a $150 million kickback scheme while working for a Russian military contractor was hand a five-year prison sentence Friday after his earlier guilty plea on unrelated bribery and visa fraud charges.
ISTANBUL (AP) — A Turkish national on the run after allegedly embezzling money from thousands of people in a Ponzi scheme has been extradited to Turkey and detained.
The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. technology in the face of growing international competition, most notably from China.
A federal grand jury this week indicted a Madison man for alleged fraud in applying for federal aid related to the COVID-19 pandemic, federal authorities reported.
Under the new law, anyone convicted of bestiality must register as a sex offender.
With the Assembly session likely to adjourn this month, Republicans are looking to push through a number of "Tougher on Crime" bills and controversial legislation related to testing of evidence in sexual assault cases.
A Waunakee real estate developer who bilked investors out of nearly $10 million has been sentenced to seven years in federal prison.
Federal prosecutors say that Patrick L. O'Connor took in nearly $12.5 million from people who believed he would invest their money in securities, but the money was instead spent elsewhere.
A 31-year-old Madison woman was bilked out of $8,000 by a scammer who claimed to be from the FBI.
A Nigerian national was sentenced to 45 months in federal prison Thursday after pleading guilty to money laundering and conducting multiple frauds in Wisconsin and elsewhere.
The woman was told that her social security number was tied to a money laundering scheme and was found in a bloody, drug-filled car in Texas.
Allen Foster, a former Smart Motors general manager who was accused of stealing from the Toyota dealership, died on Friday, a judge was told Monday.
Allen Foster, who was a vice president and general manager at Smart Motors, was indicted on federal fraud and money laundering charges for a scheme involving the diversion of company money to a bank account he owned.
Former broker James Kolf, who took in nearly $1 million in investor money between 2011 and 2016 and invested none of it, pleaded guilty to federal crimes Tuesday.
The indictment marks the first time criminal charges have been leveled for defrauding the Wisconsin Economic Development Corporation.