Fraud Archives - Slay News

America Lost $276 Billion to Fraud and Wasted Pandemic Relief Funds, Inspectors General Estimate

The federal government has lost at least $276 billion in taxpayer money that was designated as “COVID-19 relief funding,” according to the estimates of inspectors general. The funds were lost due to “fraud” and “waste,” according to cumulative estimates from the inspectors general of the Labor Department, Treasury Department, and…

IRS Lists ‘Dirty Dozen’ Tax Scams in Fresh Warning

The Internal Revenue Service (IRS) has released a list of the "Dirty Dozen" scams that taxpayers should be aware of. The IRS published the list along with a warning to taxpayers and businesses about the latest tax scams. The agency warns that unscrupulous promoters are falsely advertising the availability of…

Twitter Flooded with Calls for Katie Hobbs’ Arrest over Allegations of Cartel Links, Money Laundering, Election Rigging

Twitter users have been flooding the social media platform with calls for the arrest of Katie Hobbs, Arizona's recently installed governor, after explosive allegations emerged against the powerful Democrat. As Slay News reported, an expert witness testified during a special hearing before the Arizona Senate and House Elections Committees on…

Al Sharpton’s Brother Faces 20 Years in Prison after Pleading Guilty to Tax Fraud, Drug Conspiracy, Mail Fraud

Rev. Al Sharpton’s half-brother is facing 20 years in prison and pleading guilty to tax evasion, mail fraud, and drug conspiracy charges. Kenneth Glasgow, an Alabama pastor, voting rights activist, and half-brother to the famous MSNBC host, entered a guilty plea in Montgomery, Alabama federal court Friday. "Mr. Glasgow caused…

Top Democrat Donor Indicted for Fraud, Faces 20 Years in Federal Prison

A powerful big-money Democratic Party donor has been indicted on multiple fraud charges and faces 20 years in federal prison if convicted. Thomas Vincent Girardi, 83, is a former lawyer who donated heavily to Democrats and hosted a fundraiser for President Joe Biden. Girardi has just been indicted for embezzling…

Democrat Lawmaker Abruptly Resigns, Faces Criminal Charges in Colorado

Colorado Democrat state Rep. Tracey Bernett abruptly resigned from office while facing multiple criminal charges, according to reports. Bernett's lawyers said the lawmaker has stepped down to focus on fighting her criminal charges. Bernett was released on a $10,000 personal recognizance bond after she turned herself into the Boulder County…

BLM-Endorsed Democrat Jailed for Blowing Stolen DNC Cash in Casinos

A Black Lives Matter-endorsed Democrat politician has been jailed for stealing money from the Democratic National Committee (DNC) and blowing it in casinos. On Wednesday, former Louisiana Democratic Party chair Karen Carter Peterson was sentenced to 22 months in prison after being convicted of fraud charges. Peterson, a former state…

Judge Throws Book at TV Star for Scamming Elderly, Sentences Her to 6.5 Years in Prison, Orders Her to Pay $6.6M Restitution

U.S. District Court Judge Sidney Stein has thrown the book at reality TV star Jen Shah over her role in a telemarketing scam that targeted the elderly. The judge sentenced the Real Housewives star to 6.5 years in prison and ordered her to pay millions of dollars in restitution. In…

FTX Associates ‘Cooperating with Investigators’ in Case against Sam Bankman-Fried

Two associates of former FTX CEO Sam Bankman-Fried are reportedly "cooperating with investigators" in the prosecutors' fraud case against the boss of the failed cryptocurrency exchange. Bankman-Fried former allies have pleaded guilty to criminal fraud charges related to the collapse of the FTX. Caroline Ellison, the former CEO of Alameda…

Top Executives Plead Guilty to Federal Fraud Charges in FTX Case

Two former top executives have pleaded guilty to federal fraud charges in the case against now-bankrupt cryptocurrency exchange FTX. Caroline Ellison, the former CEO of Alameda Research, and Gary Wang, a co-founder of FTX, have both reportedly pleaded guilty and are cooperating in the criminal fraud case. Prosecutors say the…