Fraud

Injunction to stop Salford man repeating fraud

By Jennifer Lipman, June 5, 2011

A British businessman has been fined more than £1 million for a trading scam in which he impersonated other people including the director of a charity in order to boost share prices.

Samuel Kahn, from Salford, plotted to inflate the share price of the company Global Brands Licensing by 3.25 pence between March and April 2010. He then had the profits of the scam delivered to him in cash.

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Benefit fraudster is convicted

By Jonathan Kalmus, May 6, 2011

A Manchester man who was living in Portugal while illegally claiming more than £17,000 of housing benefit has been ordered to repay the money.

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Israel's Avigdor Lieberman to be formally indicted on fraud charges

By Jennifer Lipman, April 13, 2011

Israel's Foreign Minister Avigdor Lieberman is to be formally indicted on corruption charges.

Mr Lieberman, the leader of the right wing Yisrael Beiteinu party, was told by Israel's attorney general Yehuda Weinstein that he would face charges on fraud, money laundering, breach of trust and witness tampering.

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B'nai B'rith president in fraud arrest

By Ellen Tumposky, April 7, 2011

The international president of B'nai B'rith has resigned after he was arrested and charged last week in the US with tax fraud.

Dennis Glick, an accountant from Pennsylvania who was elected to a three-year term as president of the organisation in December 2009, was indicted on March 15 with aiding and assisting in the preparation of false federal income-tax returns.

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Cash-launder Syrian rabbi comes clean in court

By Ellen Tumposky, March 31, 2011

An elderly and prominent Syrian rabbi from Brooklyn has pleaded guilty to laundering tens of thousands of dollars through a religious charity.

Saul Kassin, 89, rabbi of Congregation Sharee Zion in Brooklyn, the largest Syrian Sephardic synagogue in the US, confessed his crime to a federal court earlier this week.

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Tchenguiz property firms in administration after SFO raid

By Jennifer Lipman, March 15, 2011

Four firms in Vincent Tchenguiz’s property company have gone into administration less than a week after the tycoon was arrested in a Serious Fraud Office (SFO) raid.

Thousands of jobs in the Peverel group, the UK’s biggest property management company, could be at risk after the board said it could not honour £125 million debts.

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Tchenguiz brothers arrested in Icelandic bank probe

By Jennifer Lipman, March 9, 2011

The Iranian Jewish property entrepreneurs Robert and Vincent Tchenguiz were among nine people arrested today in connection with the collapse of Icelandic banking giant Kaupthing.

Robert and Vincent Tchenguiz were arrested early this morning and are being questioned by police in central London.

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Baker fails in bid for dough

February 17, 2011

A North London kosher bakery which was gutted by fire three years ago has failed in a High Court bid to make insurers meet the £400,000 loss.

Mr Justice Blair ruled that Sharon's Bakery (Europe) had used a "fraudulent means or device" to support its insurance claim after its Tottenham warehouse collapsed in flames in June 2008.

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Fake Guggenheims tried to defraud ex-president

February 10, 2011

They may have called themselves "Guggenheim". But when it came to the art of the steal, the three supposed multi-millionaires were quickly spotted as likely fakes.

David Birnbaum, Vladimir Zuravel and Catarina Pietra Toumei appeared in federal court this week accused of posing as members or associates of the Guggenheim family to swindle investors out of millions of dollars.

Their targets appear to have included presidents George Bush and George W Bush, the Iraqi Ministry of Oil and Coca-Cola Company executives.

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Fake rabbi stole £3m by posing as dead

By Paul Berger, January 20, 2011

A Chicago man posing as a rabbi attempted to steal £34 million by filing fraudulent tax returns using the identities of dead people and prison inmates.

Marvin Berkowitz, 64, pleaded guilty to tax fraud in a Chicago court on Friday.

He faces up to 25 years in prison when he is sentenced in June.

Berkowitz and his accomplices, who included family members, scoured online records for the names and social security numbers of the dead and of prisoners.

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