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O.C. loan-mod shop hit with $4 million judgment
An Orange County judge has ordered the operators of a loan modification scam to pay $4 million, including $2 million in restitution to 1,000 victims. The operators allegedly pocketed $2 million in...
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Michigan charges O.C. man in stock fraud
The Michigan attorney general has filed criminal stock fraud charges against a whistle-blower in the $1 billion Private Equity Management Group fraud. Hiep The Trinh, 45, of Fullerton, faces as much as...
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MedCap investors will finally get some cash
Three years after the Securities and Exchange Commission shut down Medical Capital Holdings, investors in the billion-dollar Ponzi scheme may finally get some of their money back. Court-appointed...
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Irvine man pleads guilty in international fraud
Äæåê Ðè÷åð ñìîòðåòü îíëàéí â õîðîøåì êà÷åñòâå Jack Hu, 27, has pleaded guilty to his role in orchestrating a fraud that promised investors profits for financing speech-making trips to China by former...
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Charity organizer pleads guilty to $7 million fraud
Joe Shambaugh, a felon, disbarred lawyer and protege of Orange County telemarketing king Mitch Gold, has pleaded guilty to charity fraud. Shambaugh was the behind-the-scenes orchestrator of four fake...
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Knott heirs go hunting for fraud
The creditors of Silver Oak Leasing, the high-end auto leasing company that was forced into bankruptcy amid accusations of fraud, are not going quietly. They’ve hired the former top FBI agent in Orange...
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Orange County: An epicenter of real estate fraud
Orange County is known for sand, surf and rich Republicans. But did you know it’s also the epicenter of real estate fraud in California? It’s true. For the third year in a row, the Legislative...
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SEC says executives looted Irvine company
õîááèò The Securities and Exchange Commission on Thursday sued the former top executives and auditor of bankrupt Irvine-based Electronic Game Card Inc., alleging that they puffed up the stock and...
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Feds shut down Santa Ana loan mod shop
The Consumer Financial Protection Bureau has accused a Santa Ana loan modification shop of fraud and obtained a court order shutting it down. The defendants, Najia Jalan (also known as Sarah Johnson,...
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Fake charity kingpin gets five years in prison
Joe Shambaugh, who raised millions from gullible donors before federal investigators caught up with him, was sentenced Friday to five years in federal prison for wire fraud. Shambaugh, 56, a convicted...
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