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Lea Weingarten Fastow is a former Enron assistant treasurer who pleaded guilty to tax evasion and filing fraudulent Income Tax returns. The wife of former Enron executive and convicted felon Andrew Fastow, she was the second former Enron executive to go to prison after Enron collapsed due to fraud in December 2001.
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Phillip E. Hill Sr. was the ringleader of the largest mortgage fraud scheme ever prosecuted in the State of Georgia.
The redemption movement is an element of the pseudolaw movement, mainly active in the United States and Canada, that promotes fraudulent debt payment schemes. Redemption promoters allege that a secret fund is created for every citizen at birth and that a procedure exists to "redeem" or reclaim this fund to pay bills. Common redemption schemes include acceptance for value (A4V), Treasury Direct Accounts (TDA) and secured party creditor "kits," collections of pseudolegal tactics sold to participants despite a complete lack of any actual legal basis. Such tactics are sometimes called "money for nothing" schemes, as they propose to extract money from the government by using secret methods. The name of the A4V scheme in particular has become synonymous with the movement as a whole.
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Samuel "Mouli" Cohen is an Israeli-American entrepreneur, venture capitalist, and convicted fraudster who claimed to have held the positions of president, chairman, and CEO of several public and private video game companies which, according to Cohen, "have generated over $3 Billion in shareholder value". The companies Cohen has been involved in since the 1980s include: Playnet Technologies, Voltage Capital, LAMIA, Aristo International and Ecast. In April 2012, Cohen was sentenced to 22 years in federal prison for a conviction on 15 counts of wire fraud, 11 counts of money laundering and three counts of tax evasion. He is currently serving a 22-year prison sentence at Terminal Island Federal Correctional Institution.
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Rose Marks is the American matriarch of a family of fraudulent psychics convicted of federal crimes in 2013 in Florida. Marks and members of her extended family operated multiple storefront businesses, four in Broward County, Florida one of which was in Fort Lauderdale, named "Astrology Life" and one in Manhattan on W. 58th Street near Central Park. They told vulnerable clients that the only solution to their problems was to give the purported psychics money. Prior to this case there was doubt that a psychic could be criminally charged. Jurors were told that fortune-telling is constitutionally protected free speech, but federal prosecutors contended Marks engaged in fraud by promising to keep clients' money safe, "cleanse" it and return it when she had no intention of returning it. The case drew widespread coverage. Charles Stack, a retired Fort Lauderdale police detective, said the case and the ensuing publicity brought attention to predatory and fraudulent fortune tellers.
Clifford Dixon Noe (1930–2004) was an international conman and swindler. He specialized in using bogus companies, forged securities, and fictitious offshore accounts to swindle investors. He was included by Fortune magazine on its 1988 list of the 25 most fascinating business people. The magazine said that the FBI ranked Noe as "among the most notorious white-collar criminals ever." He was described by a sentencing judge in England as "an international swindler on the highest level."
Mutual Benefits Corporation was a Ft. Lauderdale, Florida based investment sales company that operated a huge ponzi scheme selling viatical settlements, with investors losing an estimated $835 million. The principal ring leader of the scam was Joel Steinger.
References
- ↑ Harrison, Kirby J. "Tyler execs plead guilty to money laundering". Aviation International News. Retrieved 2019-02-21.
- 1 2 Harper, Faith (19 October 2017). "Former Tyler Jet executive convicted on federal financial fraud charges for dealings with Florida-based aircraft charter". TylerPaper.com. Retrieved 2019-02-21.
- ↑ "Florida Airplane Broker Convicted of Tax and Wire Fraud". www.justice.gov. 2017-10-17. Retrieved 2019-02-21.
- ↑ "Florida Airplane Broker Sentenced to Over Seven Years for Tax and Wire Fraud". www.justice.gov. 2018-03-16. Retrieved 2019-02-21.
