Articles
How scams work, who they target, and what to do — explained in plain English.
Showing 241–270 of 387 articles (page 9 of 13)
Prosecutors say American Warriors billed Medicare $1.16M for therapy never given to seniors. Social worker Charlo Jordan was convicted.
· 4 min read
Outcome Health sold ads on doctors' office screens it didn't have and inflated revenue to raise ~$1B. CEO Rishi Shah got 7.5 years; convictions upheld.
· 6 min read
Inessa Katsnelson recruited friends whose insurers were billed for therapy that never happened, in exchange for free training and massages. All sentenced.
· 5 min read
Olaniyi Ojikutu ran $3.4M in romance scam money through 25 bank accounts, fled to Canada and got 88 months. Accused leader Daniel Eta got 109 months.
· 4 min read
Robert L. Murray Jr. pitched Navy members on his 'algorithm' fund Deep Dive Strategies, spent some of their money and lost most of the rest on GameStop.
· 3 min read
Eugene Z. Nowak told investors their money was bridge funding for a $33M deal with a big international bank. There was no deal; losses hit $1.5M.
· 3 min read
Laith and Hussein Ghzo and Musab Sawai rolled back odometers on hundreds of auction cars and faked titles to get 'clean' Illinois ones. All convicted.
· 3 min read
Tinley Park dentist Michael D. Egan applied for patient medical loans for dental work he never did, and split the money with 'patients' and recruiters.
· 2 min read
Hirenkumar P. Chaudhari opened bank accounts with a fake passport to collect money from seniors tricked by callers posing as Social Security and DOJ.
· 3 min read
Lake Forest doctor Eliza Diaconescu pre-signed opioid prescriptions at her Gurnee pain clinic and billed Medicare for exams that never took place.
· 3 min read
Henry Smilie's Chicago company Home Physician Services billed Medicare $1.97M for care oversight services that weren't provided or were overstated.
· 3 min read
Michigan brothers Donald and Mark Henkel pleaded guilty to forging signatures and fake histories on art and baseball memorabilia sold for big money.
· 3 min read
Loves Park adviser Naseem Salamah said he was diversifying three clients' assets, but moved $968,000 into his own account. He got 52 months in prison.
· 3 min read
Cannabis company owner Geoffrey Thompson told investors their money would fund expansion and an IPO, then used it personally and for Ponzi-type payments.
· 3 min read
Joliet advisor Ronald T. Molo promised clients tax-free income, then spent their money on SUVs, mortgages and lottery tickets. He was sentenced to 2 years.
· 3 min read
Chicago businessman Brian Blalock took buyers' and investors' money for trucks, generators and oil field equipment he never delivered or traded.
· 3 min read
Shawn Baldwin took more than $10 million from investors and lenders, hid regulatory bans and paid early victims with later money. His appeals failed.
· 4 min read
Albert Rossini and Babajan and Anthony Khoshabe sold investors fake notes on foreclosed apartment buildings and paid fake rent in a Ponzi scheme.
· 4 min read
Chicago adviser Marcus Boggs spent $3M of client money on credit cards, travel and apartments, including money an exoneree got from Illinois.
· 4 min read
Marco and Sandy Lurigio recruited buyers and faked their jobs, income and down payments to get mortgages on South Side Chicago homes. Both pleaded guilty.
· 3 min read
Darayl Davis sold church members and retirees fake guaranteed-interest products from his firms and spent the money on an LA mansion and luxury travel.
· 4 min read
Dolton chiropractor John Kosloski paid Amtrak workers cash to use their insurance information and filed 18,000+ claims for treatment he never gave.
· 2 min read
Developer Andrzej Lajewski and two mortgage professionals faked buyers' jobs, income and down payments to get $3M in loans on South Side homes.
· 3 min read
Marcus Beam took money from women he met on dating sites with promises of Uber and Lyft stock, fled to Bali on bond and got 63 months in prison.
· 4 min read
A jury convicted ex-NanoTech director David Foley of securities fraud in a NanoTech Gaming pump-and-dump. He got 72 months in Aug. 2026.
· 4 min read
Zvi Feiner, charged in 2020 with running a Ponzi scheme through FNR Healthcare nursing-home deals, pleaded guilty in Aug. 2026. Erez Baver pleaded in 2021.
· 4 min read
Former CFO and CPA Sultan Issa embezzled family assets, took investor money and got $83M in fraudulent loans. He was sentenced to 200 months in 2020.
· 3 min read
Mary Martinez, aka Mary Flores, was charged with taking $450K from people trying to buy homes out of foreclosure. She pleaded guilty in 2022.
· 3 min read
Dr. Omar Garcia approved allergy tests for Grand Medical Clinic patients he never saw, often after the tests were done. A jury convicted him on 6 counts.
· 3 min read
Diane Lazar was charged with naming her daughter beneficiary on a client's annuities and using a fake power of attorney. She pleaded guilty in 2022.
· 3 min read