Fraud News2019-02-19T17:23:31+00:00

Fraud News and Scam Events

Reports about deceitful individuals and companies.

Educational prevention information about scam events around the globe!

In this section, you will find some of the newest fraudulent events currently happening around the globe. Follow Fraud Frenzy daily to see latest fraud news and scams to prevent some of these events from happening to you and your family! Message us if you hear about fraud happening near you so that we can alert others. Stay informed because the only thing that can save us from fraud is our awareness of it!

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1506, 2019

Former CEO of virtual reality company pleads guilty to securities fraud.

Fraud News, front news, Uncategorized|

The former head of a virtual reality company pleaded guilty to securities fraud in June 2018. Neil Chandran was a past CEO of the  Sungame company. Through this company, Chandran conducted a scheme to steal millions from investors. He did this through the sale of computer tablets valued at $1,000. The perpetraitor told victims that the computer tablets showed [...]

1803, 2019

Man pleads guilty to wire and money laundering in massive and indiscriminate affinity fraud scheme.

Blog, Fraud News|

A man from Utah received 36 months in prison for wire fraud and money laundering. This crime was affiliated  with an affinity fraud scheme. This type of fraud affects members of a certain group and is normally run by someone pretending to be a part of that group. The perpetraitor's name is Ronald Wayne Leavitt. As a part of [...]

1403, 2019

Former pastor who defrauded the elderly of $23m gets 68 year prison sentence.

Blog, Fraud News|

A former Texas pastor stole $23 million from the elderly through investment fraud. The perpetraitor, Timothy Lloyd Booth committed this fraud between 2014 and 2016. Before he became a full time scammer, Booth was the pastor of Way of Grace church in McKinney, Texas. Way of Grace closed its doors in 2016. During the case investigation, law enforcement officials [...]

1103, 2019

“Godfather of Payday Lending” sentenced to prison for multiple frauds.

Blog, Fraud News|

A man from Jenkintown will serve 37 months in prison for a racketeering scheme. The operator of the scheme was Adrian Rubin who conned victims with a payday lending business. This business was fraudulent and "violated the usury laws of Pennsylvania,” states US attorney, Zane David Memeger. Between 1998 and 2012 Rubin gave victims short term loans known as [...]

703, 2019

More than just words…or lose these two words for a higher quality of life!

Blog, Editorial|

  Where I come from, using what’s generally referred to as “foul” language or swearing is normal, so much so that one of my childhood memories is as I was leaving Church one Sunday morning commenting, “I’m (expletive) glad that’s over” to which my Aunt coming from behind articulated herself with a cuff on my ear; “mind your (expletive) language”! [...]

403, 2019

Arizona fraudster blames opioid addictions for his telemarketing scams against the elderly.

Blog, Fraud News|

In July 2018, Kyle Dennis received 7.5 years in prison for a telemarketing scam. This particular scam targeted the elderly. Dennis said that the reason behind his scam was his addiction to opioids. He also claimed that he used the scam to fund other personal expenses. Dennis operated the telemarketing scheme through Red Mountain Holding Company and Internet Advertisement [...]

1202, 2019

Salt Lake City fraud recidivist gets 7 year prison sentence for $9m Telemarketing scam.

Blog, Fraud News, front news|

In July 2018, a career criminal from Utah received an additional seven year prison sentence. This time for a telemarketing scam. The perpetraitor, Chad Gettel, created a scam that affected more than 10,000 people. According to prosecutors, these victims suffered losses of about $9 million. Gettel was already serving prison time for a mortgage fraud crime from 2015. His [...]

502, 2019

Elderly Dutch couple arrested for $47 million tax fraud exposed by Panama Papers.

Blog, Fraud News, front news|

Dutch authorities arrested an elderly couple in October 2017. The names of the perpetraitors are Herman van O and Chun L . Tax fraud, money laundering, forgery and illegal banking were the reasons behind the couple's arrest. Their crimes involved over €41 million (about $47 million) total. The arrest occurred at the couple's home in Limburgh, Netherlands. The investigations [...]

We are here to inform you with the latest fraudulent news and scam events around the world. Our goal is to keep you well informed and aware of what can happen to you or your family and friends. Fraud Frenzy follows closely world famous brands caught in cheating and everyday regular theives. Keeping our readers up to date with the latest frauds and scams is our top priority! Our news section is 100% factual. You can browse for scams by category or date.

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Written by David Tracey.

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