4 People Accused of $13 Million in Pro Athlete Fraud Schemes
Posted inBanking and Financial Institutions Basketball Briscoe, Charles Cohen, Darryl M (Financial Broker) Darden, Calvin Jr Financial Brokers Financial Industry Regulatory Authority Frauds and Swindling Gilder, Brian Holiday, Jrue Holiday, Lauren (1987- ) Insurance Lee, Courtney (1985- ) Luxury Goods and Services National Basketball Assn Parsons, Chandler (1988- ) Suits and Litigation (Civil)

4 People Accused of $13 Million in Pro Athlete Fraud Schemes

Prosecutors said the people, including a former N.B.A. agent, took money from professional basketball players and spent it on luxury goods and home renovations.
Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison
Posted inBanking and Financial Institutions Consumer Financial Protection Bureau Fines (Penalties) Frauds and Swindling Justice Department Prisons and Prisoners Scharf, Charles W Securities and Commodities Violations Securities and Exchange Commission Sloan, Timothy J Stumpf, John G Tolstedt, Carrie L Wells Fargo & Company

Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison

Carrie L. Tolstedt, who ran the bank’s retail branches, faces up to 16 months in prison for obstructing a bank examination.
Check Fraud Is on the Rise. Here’s What You Can Do to Prevent It.
Posted inBanking and Financial Institutions Content Type: Service Elderly Financial Crimes Enforcement Network (Treasury Department) Forgery Frauds and Swindling Personal Finances Postal Service (US) Postal Service and Post Offices

Check Fraud Is on the Rise. Here’s What You Can Do to Prevent It.

Even as fewer people use paper checks, there have been more reports of criminals stealing them from mailboxes and changing the dollar amount and name of the recipient, officials say.