April 12, 2021

fraud

Pasco man sentenced for long-term care insurance fraud

A Tri-Cities man will pay more than $18,000 and could serve jail time for insurance fraud, according to the Idaho Department of Insurance.

The Idaho stepfather of Pasco resident Benjamin C. Beckett was brutally attacked in 2017, leaving him unable to work or care for himself.

The stepfather had a long-term care insurance policy from Northwestern Mutual, but it did not include coverage for family members acting as caregivers.

To circumvent the limitations of the policy, Beckett formed a company to act as a care provider for his stepfather and submitted claims to Northwest Mutual using false names, according

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Victims of EDD debit card fraud say Bank of America made it too difficult to recoup stolen money

It was an unpleasant surprise for Jennifer Yick when the Bank of America debit card holding her unemployment benefits was declined by a store. The San Francisco resident knew she had more than $400 in the account.

She logged into the bank website and saw four hefty DoorDash charges — even though she has never used the food delivery service.

“I felt sucker-punched,” she said. “They just drained it.”

Then she embarked on a lengthy quest — “the tale of unending phone calls, hours on hold,” she said — to contact Bank of America about the theft.

Scores of jobless

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Former ParTech CFO pleads guilty to federal fraud, money laundering charges

SYRACUSE, N.Y. – The former chief financial officer of ParTech in New Hartford pleaded guilty to federal fraud charges Thursday, after stealing money from the company to invest in a diamond selling scheme.

Michael Bartusek, 58, of Fairport, pleaded guilty to wire fraud, money laundering and filing a false tax return.

Bartusek admitted to defrauding the company of $776,000 from the summer of 2015 through the end of 2016, to invest in buying and selling diamonds from overseas. Bartusek told the court he had hoped to gain enough profits from the diamond sales to pay the money back before the

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People are making lots of money off ‘the big lie’ of US election fraud

Documentary filmmaker Ken Burns, known for expansive movies on quintessential American subjects like “Jazz” and “Baseball,” said in a new interview that former President Donald Trump and his allies have damaged the country by promoting the “big lie” of widespread election fraud — and worse yet, they’ve made money off of it. 

Burns said the media environment allows people to make significant amounts of money off of false public comments, and he contrasted such misinformation with his accurate and complex stories about major events and themes of American history.

“There are a lot of people out there making lots of

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KC financial adviser for pro athletes accused of fraud

A Kansas City area financial adviser is accused of defrauding clients — including some professional athletes — by overcharging fees and recklessly steering them toward risky investments that resulted in millions of dollars in losses.

Douglas E. Elstun, 52, of Lenexa, faces civil penalties and permanent revocation of his ability to act as a financial adviser, according to a complaint filed in federal court Monday. The matter was investigated by the U.S. Securities and Exchange Commission.

John Picerno, an attorney representing Elstun, described Elstun’s conduct as an error he made while trying to overextend himself to those he was

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Arrest made, warrants issued in alleged insurance fraud scheme by Louisiana school bus company | Crime/Police

A New Orleans insurance agent has been arrested and warrants have been issued for two owners of a school bus company suspected of insurance fraud, the Louisiana State Police said Monday.

State Police said Michael Simon, 44, of New Orleans, was arrested in Jefferson Parish for nine counts of computer fraud for allegedly giving several charter schools falsified insurance documents. Warrants have been issued for Melvin Williams, 42, of Gonzales, and Jeramy Jackson, 40, of New Orleans, who face 23 counts of computer fraud each.

The developments stem from an investigation into Scholars First, which operated in East Baton Rouge,

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