Category: wire fraud

Trial of Theranos Founder Elizabeth Holmes Set to Begin After Multiple Delays

September 8, 2021
COVID-19Crime and IncidentsElizabeth HolmesRupert MurdochtheranosUSUS NewsWalgreenswire fraud
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Prosecutors and defense lawyers are scheduled to deliver their opening statements on Sept. 8 in the trial of Elizabeth Holmes, the founder of medical sciences company, Theranos Inc. Holmes, who founded Theranos in 2003 at the age of 19, is facing counts of wire fraud and conspiracy to commit wire fraud relating to her blood-testing startup that was once…

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Michael Avenatti Gets Mistrial in California Embezzlement Case

August 25, 2021
criminal chargesMichael AvenattiUSUS Newswire fraud
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WASHINGTON—A federal judge on Tuesday declared a mistrial in the government’s embezzlement case against Michael Avenatti, giving the already convicted celebrity lawyer a temporary reprieve as he defends against a slew of criminal charges. U.S. District Judge James Selna in Santa Ana, California, said Avenatti was entitled to a new trial because prosecutors had failed…

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Chinese Espionage Retrial Sought for Tennessee Researcher

August 3, 2021
ChinaCrime and IncidentsespionageInternationalJudiciaryNASAUSUS NewsUS-China relationswire fraudWorld
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KNOXVILLE, Tenn.—Federal prosecutors are seeking to retry a former University of Tennessee researcher accused of hiding his relationship with a Chinese university while receiving research grants from the federal government. Assistant U.S. Attorney Casey Arrowood filed a one-page notice in U.S. District Court in the case against Anming Hu, the Knoxville News Sentinel reported on…

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Former Massachusetts Mayor Convicted of Fraud, Extortion

May 14, 2021
Crime and IncidentsextortionMassachusettsmayorPoliticsUSUS Newswire fraud
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BOSTON—A former Massachusetts mayor first elected at the age of 23 was convicted on Friday of defrauding investors in a smartphone app company and extorting money from local marijuana businesses. Jurors found former Fall River Mayor Jasiel Correia guilty on most counts he faced including wire fraud, filing false tax returns, and extortion, in what…

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Florida Man Sentenced in Giuliani-Related Fraud Case

February 8, 2021
Crime and IncidentsinvestorsRudy GiulianiUSwire fraud
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NEW YORK—A Florida businessman whose fraud-busting business was exposed as a fraud itself was sentenced Monday to a year and a day in prison in a case in which prosecutors said Rudy Giuliani was hired as a consultant to attract investors. David Correia, 45, was sentenced remotely by U.S. District Judge J. Paul Oetken in…

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