Thursday, June 30, 2022

COVID-19 Fraud

The COVID-19 pandemic is causing us to navigate unchartered waters. Fraud related to this outbreak is no exception. Get the latest headlines here to stay informed.

‘Til Fraud Do Us Part 

A San Fernando Valley, California man, his wife, and his brother have been sentenced to two years in federal prison for running an elaborate COVID-19 fraud scheme. Richard Ayvazyan, 43; Marietta Terabelian, 37 (Richard’s wife); and Artur Ayvazyan, 41 (Richard’s brother); schemed to fraudulently obtain more than $20 million in Paycheck Protection...

There’s Nothing Funny About Fraud

Being a stand-up comedian in the time of COVID-19 has been difficult, to say the least. There is nothing funny about a pandemic that has caused undue stress and strain. It’s hard to make a living entertaining people when a communicable disease was raging...

Sink, Sank, Sunk

When considering the purchase of a yacht, there are some important details to think about: Do you have the funds for a down payment and can you handle the monthly payments? Can you dock it behind your house, or do you need to store...

Same Story, Different Day

Just as the acclaimed movie Groundhog Day portrays a monotonous, unpleasant, and repetitive situation, the growing number of articles about COVID-19 fraud related to the Paycheck Protection Program (PPP) is becoming rather tedious to sort through. While the stories we see each day may...

A Liar, A Fraudster, A Murderer, Oh My!

You would think that a criminal, who has spent a substantial amount of time behind bars, might want to be wary of breaking the law again. Well, sad to say, Kyle McLemore, 44, of Philadelphia, Pa., apparently forged full steam ahead into another criminal...

The Wild West Meets Boston Harbor

A Texas woman has admitted to her involvement in a scheme to fraudulently claim COVID-19-related unemployment assistance in Massachusetts. (It seems that everything is bigger in Texas, even the fraud.) Donna Wasson, 37, of San Antonio recently pleaded guilty to three counts of wire...

Mother-Daughter Duo

Fraud rings are usually well-organized groups of deceptive individuals who intend to take advantage of other people, charities, businesses, or government agencies for their own selfish gain. A well-organized fraud ring in Nigeria somehow convinced two women from Fort Branch, Ind., to join in...

Hail Mary Pass

The median wage for all National Football League (NFL) players is $860,000. Evidently that was not enough for a former player, Joshua J. Bellamy, 32 of St. Petersburg, Fla. (Perhaps he didn’t put enough away in savings while he was a wide receiver for...

From Sea to Shining Sea

Fraud occurs just about everywhere in the U.S., from sea to shining sea. In today’s case, we take a look at a COVID-19 and identity theft fraud scheme that began on the West Coast in Seattle, Wash., but ended June 2021 on the East...

Lavish Lifestyle

The Paycheck Protection Program (PPP), an SBA-backed loan that helped businesses keep their workforce employed during the COVID-19 crisis, ended May 31, 2021. But the fraud cases regarding millions of dollars stolen from the government program have only just begun. Today’s fraud spotlight is on...
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