The SEC alleges RAD Diversified REIT told 5,500 retail investors their money was buying rental houses. The complaint says the houses were foreclosing while the founders wired themselves federal tax payments, private jet charters, and pawn shop runs.
Robert Bush ran Legacy Independent Funeral Directors in Hull for twelve years. He collected the money, handed over the wrong ashes, and stacked the bodies in a room until a temp worker opened a door.
A New Jersey man and three others are charged in an alleged romance scheme that pulled more than $100,000 out of women who believed they were in real relationships. The platform was OnlyFans. The room was a group chat.
A federal grand jury in Des Moines returned a sixteen-count indictment against two southeast Iowa men who allegedly ran a Ponzi scheme through a chain of "humanitarian foundations" that promised returns of 24 to 100 percent. The victims, prosecutors say, were friends and family.
A jury in New Orleans convicted Dale Sanders on 25 counts of wire fraud, access device fraud, and obstruction after prosecutors traced more than $340,000 from two Baptist churches to his personal life. The betrayal ran four years, and the record shows he almost walked it into a fifth.
Kondagaon Police arrested five men this week in an alleged ₹12 crore ($1.4M USD) loan scheme that ran through 43 teachers' salary accounts. The pitch was simple. The math was the trap.