Wire Fraud

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Prior Lake Man Charged In Wire Fraud Case

A 59-year-old Prior Lake man is accused of stealing more than $2.5 million in investment funds and loans from several investors after lying about the intent of those funds, according to charges filed by the U.S. Attorney’s Office. Bryan Reichel, the founder and principal shareholder of PureChoice, Inc., was charged with seven counts of wire fraud in connection with the case.

09/18/2014

Prison, Amy Senser

Former Christian Radio Host Sentenced For $194 Million Ponzi Scheme

The fourth man convicted in a $194 million Ponzi scheme – the second largest in Minnesota history – was sentenced Monday to 240 months in federal prison. According to the U.S. Attorney General’s office, 75-year-old Patrick Kiley of Burnsville was convicted last June of 12 counts of wire and mail fraud, one count of conspiracy to commit mail and wire fraud and two counts of money laundering. Kiley – along with ring leader Trevor Cook, Jason Bo-Alan Beckman, Gerald Joseph Durand and Christopher Pettengill – were all solely and jointly ordered to pay $155,359,411 in restitution to their victims.

07/15/2013

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Mound Man Found Guilty Of Fraud With Petters Company

A 59-year-old Mound, Minn., man was found guilty by a jury Wednesday in federal court for fraudulently raising money for investment in Petters Company, Inc. James Nathan Fry, a hedge fund manager, was convicted of five counts of securities fraud, four counts of wire fraud, and three counts of making false statements to the U.S. Securities and Exchange Commission.

06/12/2013

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Apple Valley Woman Pleads Guilty To Defrauding Job, Medica Of $840 K

An Apple Valley woman pleaded guilty Monday to defrauding Medica and her employer of approximately $840,000.

02/04/2013

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St. Paul Man Sentenced For False Insurance Claim

A St. Paul man has been sentenced for filing a false insurance claim for artwork he had reported as stolen.

01/14/2013

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Fmr. Lonsdale Debt Collector Indicted For Bank, Mail & Wire Fraud

A 34-year-old former debt collector from Lonsdale has been indicted for bank fraud, mail fraud and wire fraud, the United States Attorney’s Office announced Thursday.

12/20/2012

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Ex-CEO Of Latex Faces Sentencing For Embezzlement

The former chief executive of Latex International is facing sentencing after pleading guilty to wire fraud and tax evasion related to embezzling about $1.7 million from the Shelton mattress manufacturer.

07/09/2012

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Woman Gets 27 Months For Defrauding Husband’s Family

A 43-year-old woman from Hawaii was sentenced to 27 months in prison in Minneapolis Federal Court on Friday for defrauding her husband’s Minnesota family out of more than $180,000.

02/17/2012

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Woman Sentenced For Stealing $300K From Schools

A 44-year-old woman from Chokio, Minn., was sentenced to 18 months in prison in Fergus Falls Federal Court on Thursday for stealing $300,000 from the school district she worked for over a 12-year period.

02/09/2012

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Insurance Firm Owner Sentenced For Wire Fraud

A federal judge in Minneapolis has sentenced an insurance company’s owner to more than three years in prison for stealing nearly $2 million from two associations his firm served.

08/30/2011

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School District Employee Pleads Guilty In Theft Case

The former business manager for the Chokio-Alberta School District pleaded guilty in Minneapolis Federal Court on Friday to stealing $275,000 from the district.

07/29/2011

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Former Loan Officer Indicted In Fraud Scheme

Hannah Noel Perlich, 29, was charged with six counts of wire fraud and one count of conspiracy to commit wire fraud in connection with the crime. She worked as a loan officer for St. Joseph’s Financial and Legacy Lending.

06/22/2011

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Ex-Freeborn County Commissioner Guilty Of Fraud

A former Freeborn County commissioner who ran a real estate closing company has pleaded guilty to stealing nearly $1 million from escrow accounts.

04/26/2011

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Ex-Minn. County Commissioner Faces Federal Charge

A former Freeborn County commissioner who operated a real estate closing company is now charged in federal court with stealing about $1 million from escrow accounts.

01/10/2011

Another Sentencing In Petters Ponzi Scheme

 Six years in prison. That’s the sentence imposed on an Illinois hedge fund manager who admitted to cashing in on the Tom Petters Ponzi scheme.

09/30/2010

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