Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – U.S. senators on Wednesday asked Facebook to make sure that sensitive user information is not easily divulged to third parties. In a letter to Facebook CEO Mark Zuckerberg, Chairman of the Judiciary Subcommittee on Privacy, Technology and the Law Al Franken (D-MN) and [...]

Linda Young – AHN News Writer New York, NY, United States (AHN) – A New York City limo driver has admitted illegally scamming a multi-millionaire Hong Kong feng-shui master by running up unauthorized credit card purchases. Flushing resident Peter Rahhaoui pleaded guilty to credit-card fraud in a Brooklyn federal court. In 2008, Rahhaoui drove businessman [...]

AHN News Staff Parma, Italy (AHN) – An Italian court has sentenced Italian food giant Parmalat’s former chief executive and founder Calisto Tanzi to 18 years in prison for fraudulent bankruptcy and criminal association. In its ruling, the court also ordered ex-Parmalat executives to pay a sum of $265 million to the firm and to [...]

By Mark Reynolds PROVIDENCE, R.I. — Former state Sen. Christopher B. Maselli pleaded guilty to eight counts of bank fraud in U.S. District Court Wednesday morning after a judge warned him that he could spend 240 years in prison. Maselli admitted that he lied about his income, doctored tax returns and also tampered with bank [...]

AHN News Staff London, England, United Kingdom (AHN) – The National Fraud Authority reported Monday that more than 1.8 million Britons become victims of identity theft each year. Cost of the fraud is estimated at $4.05 billion (2.7 billion pounds). The average amount lost by identity theft victims was $1,500 (1,000 pounds), the agency said. [...]

An Orange County real estate broker has been sentenced to 68 years in prison for using stolen identities to buy 35 properties and intentionally defaulting on the loans to steal more than $17 million. Read comments View full post on All Stories

The massive economic stimulus package President Obama pushed through Congress last year is coming in on time and under budget – and with strikingly few claims of fraud or abuse – according to a White House report set to be released Friday. Christina Romer – Barack Obama – United States – Peter R. Orszag – [...]

Kris Alingod – AHN News Contributor Bergen, NJ, United States (AHN) – Federal agents swooped down on a suspected identity theft ring in New Jersey on Thursday and arrested dozens of suspects. Forty-seven people were arrested in the massive crackdown. They face allegations including conspiracy to commit wire fraud, conspiracy to commit credit card fraud, [...]

AHN Sports Staff Des Moines, IA, United States (AHN) – The federal court found former NBA player Rumeal Robinson guilty on multiple counts of fraud, bank fraud and bribery and giving false statements to a financial institution in Central Iowa, multiple sources reported Wednesday. Robinson, an NBA player for eight seasons (1990-1997), allegedly received business [...]

In this world where fraud seems like a second language on the internet, we sometimes find it hard to trust companies we want to deal with. When it comes to repairing your credit, we know we must be extremely careful about who we choose to help us along our way. Many “credit repair” companies [...]