Greenwich Investment Firm Founder Stole Millions In Clients' Cash: Feds
A 49-year-old Connecticut man faces potentially decades in prison after he allegedly defrauded and stole $3.5 million of his client's money for years, federal authorities said.
Justin C. Murphy, 49, of Stamford, is charged with 15 counts of wire fraud, five counts of money laundering, and three counts of tax evasion, the US Attorney for Connecticut announced on Tuesday, Nov. 5.
Murphy ran the Greenwich-based investment firm Mara. The company also went by Mara Investment Group, LLC, Mara Investment Management LP, and Mara Investments Global Management LLC.
Federal inv…
Former NFL Player, UVA Alum Turned Developer Charged With Embezzlement In Virginia: Feds
A former NFL player who was a standout at the University of Virginia is facing federal charges for alleged embezzlement, authorities announced.
Christopher Harrison, 52, was charged by a grand jury for allegedly misappropriating loans intended for the development of two projects linked to his real estate company.
According to the indictment, Harrison allegedly secured loans from Cedar Rapids Bank & Trust (CRBT) for $14,492,057 for the Model Tobacco Project in Richmond and $7,706,675 for the Whitaker Park Project in North Carolina.
Under the terms of the agreements, the former offe…
York Judge Indicted For 31 Counts Of Fraud, Witness Tampering: Usdoj
A federal grand jury has indicted a Pennsylvania judge and lawyer on 31-counts of wire and mail fraud, as well as witness tampering and obstruction of justice, the US Department of Justice announced on Tuesday, Oct. 8.
Steven Stambaugh, age 61, of York, has been charged with twenty-six counts of wire fraud, two counts of mail fraud, two counts of tampering with a witness, and one count of obstruction of justice for a COVID-19 scheme, according to United States Attorney Gerard M. Karam explained.
Stambaugh is accused of defrauding the Commonwealth of Pennsylvania "to ob…
Company Hired To Replace 18,000 Lead Pipes In Newark Faked Work, Billed For It Anyway: Feds
Two people hired by the City of Newark to replace 18,000 lead pipes are facing federal charges after they intentionally left the pipes in the ground, hid them from officials, and then collected payment for work that they didn't properly perform, federal officials said.
Michael Sawyer, 57, of Burlington, and Latronia "Tee" Sanders, 55, of Roselle, are each charged by complaint with conspiracy to commit wire fraud, US Attorney Philip R. Sellinger said (click here for the complaint).
Citing charging documents, NJ Advance Media says JAS Group Enterprise Inc. (JAS), the company in which Sa…
Elizabeth Man Submitted Phony Applications To Obtain $100,000+ In Covid Funds: Feds
A 53-year-old Elizabeth man recently admitted to his role in a fraud scheme involving COVID funds, phony tax filings and a fake loan application, authorities said.
In June 2020, Richard Fadraga submitted a fraudulent application for an Economic Injury Disaster Loan (EIDL), which resulted in him getting $110,000 from the Small Business Administration in COVID-19 relate proceeds, US Attorney Phillip Sellinger said.
The next month, Fadraga submitted another fraudulent application and received a $131,000 loan, Sellinger said. That application was submitted under another person's name to c…
