Fraud

Minnesota Man Pleads Guilty to $3.5 Million Tax Fraud Scheme: Faces Up to 20 Years in Prison

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PRIOR LAKE, Minn. (AP) — A man from Minnesota has pleaded guilty to wire fraud and assisting in the preparation of a false income tax return, according to officials from the Wisconsin Department of Justice. Court documents and statements made in court revealed that Beau Wesley Gensmer of Prior Lake orchestrated a scheme from 2012 to 2018. He assisted in the preparation of 50 false tax returns, which fraudulently claimed inflated tax refunds on behalf of unsuspecting taxpayers. Gensmer emailed knowingly false information to a tax return preparer in Alaska, including fraudulent business losses and … Read more

Allegations of Fraud: Donald Trump’s Attorney Slams New York Attorney General as ‘Fame-Hungry’ Amidst $370 Million Lawsuit

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New York’s Democratic attorney general is seeking up to $370 million in fines in a civil fraud lawsuit against former President Donald Trump and his business empire. Attorney Alina Habba, representing Trump in the case, criticized Attorney General Letitia James, calling her “fame-hungry” and accusing her of prioritizing politics over the interests of New York State. James originally sued Trump in September 2022, alleging that he inflated the value of his assets to secure better business terms. She argued last week that new evidence justifies raising the fines to $370 million. While Habba dismissed James’s … Read more

Trump Launches Fiery Social Media Attack on Judge Deciding His NY Fraud Case, Puts Residency of His Empire at Stake

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New York City, NY – Former President Donald Trump expressed his fury at Judge Arthur Engoron in a series of social media posts on Saturday. The judge is presiding over a New York civil fraud case that has the potential to bar Trump from conducting business in the state, where he established his real estate empire. Prior to the trial, Judge Engoron ruled in favor of the top claim brought by New York Attorney General Letitia James in the civil lawsuit. The judge found that Trump and his company had deceived banks, insurers, and others … Read more

Former Vitol Oil Trader’s Counsel Reveals Shocking Details in Bribery Case Alleging $500 Million Fraud

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NEW YORK, N.Y. – A former Vitol oil trader is facing charges of allegedly funneling bribes to officials in Mexico and Ecuador in order to secure more than $500 million in state contracts. The accused individual appeared in a New York federal court on Friday, where their counsel argued against the charges. The prosecution claims that the former Vitol oil trader participated in a scheme to bribe officials in Mexico and Ecuador in exchange for lucrative state contracts. The alleged bribes totaled over $500 million. The case has drawn attention due to the scale of … Read more