Fraud

Former JEA Executives Aaron Zahn and Ryan Wannemacher Stand Trial for Conspiracy and Wire Fraud Charges

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JACKSONVILLE, Fla. (AP) – Jury selection has begun for the upcoming federal trial of former JEA executives Aaron Zahn and Ryan Wannemacher. Almost two years after being indicted, the former CEO and chief financial officer of the utility company are facing charges of conspiracy and wire fraud. The charges are related to a proposed bonus plan that prosecutors claim could have resulted in hundreds of millions of dollars in payouts if the utility had been sold. Zahn and Wannemacher pleaded not guilty to the charges following their indictment in March 2022. The trial will have … Read more

Former Freshfields Partner Receives €2mn Severance Pay for Involvement in Multiyear Dividend Tax Fraud: Exclusive Report

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Frankfurt, Germany – A former partner at international law firm Freshfields Bruckhaus Deringer has been sentenced to three-and-a-half years in jail for his involvement in a multiyear dividend tax fraud. The partner, Ulf Johannemann, reportedly received over €2 million in severance pay when he left the firm by mutual consent in late 2019, following his arrest in connection with the case. The severance package, which exceeded Johannemann’s annual salary of €1.9 million, was previously undisclosed. Johannemann’s conviction came as a result of his endorsement of share-swapping deals that deceived German tax authorities into refunding dividend … Read more

Cypriot Lawyer Arrested on Charges of Fraud and Money Laundering Linked to Sale of Disputed Greek Cypriot Property

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NICOSIA, Cyprus — A Turkish Cypriot lawyer, Akan Kürşat, has been granted bail by a court in the Republic of Cyprus after pleading not guilty to charges of fraud and money laundering. The charges are related to the sale of disputed Greek Cypriot property to foreigners in northern Cyprus. The release of Kürşat on bail comes after his extradition from Italy, where he was arrested on New Year’s Eve. The lawyer is accused of providing legal counsel to Gary Robb, a British national who was convicted of fraud in 2011 and embezzlement in 2015 for … Read more

Former Trump’s Finance Chief in Negotiations for Guilty Plea: Civil Fraud Trial Updates

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NEW YORK (AP) – Lawyers involved in the civil fraud trial of former President Donald Trump shared with the judge on Wednesday that they had no information regarding a key witness who was reportedly negotiating a guilty plea for perjury. Judge Arthur Engoron had requested details from both the state lawyers and the defense counsel about the situation, which involves Allen Weisselberg, the former finance chief at Trump’s company, the Trump Organization. Last week, The New York Times reported that Weisselberg was in talks with the Manhattan district attorney’s office to plead guilty to perjury. … Read more