Fraud Charges facts

While investigating facts about Fraud Charges, I found out little known, but curios details like:

A woman gave birth to three children whose DNA didn't match her own. Despite being monitored while giving birth, she was charged with benefits fraud until it was discovered she carried two complete and differing sets of DNA.

Joseph Smith, Mormon prophet, was arrested at least 42 times, for crimes ranging from bank fraud, conspiracy to murder, polygamy, and perjury, and was killed by a mob while awaiting trial on charges of treason against Illinois

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across. Here are 25 of the best facts about Fraud Charges I managed to collect.

1. A cartoonist filed a lawsuit against DreamWorks for stealing his pitch "Kung Fu Panda Power" as a basis for "Kung Fu Panda." He withdrew his lawsuit when it was discovered his drawings were traced from a Lion King coloring book. He currently faces charges for wire fraud and perjury.

2. Subscribers with female names to pay online pornography sites are flagged as likely sources of credit-card fraud, because "so many of these charges result in an angry wife or mother demanding a refund for the misuse of her card".

3. Don Lapre, the man that became famous with his 1990s infomercials about placing tiny classified ads in newspapers and getting rich, was charged in 2011 with 41 counts of conspiracy, mail fraud, wire fraud, and money laundering and committed suicide in custody.

4. The ADE 651, a fake bomb detector consisting a swivelling antenna mounted via a hinge to a plastic handgrip, requiring no battery, and supposedly charged by the user's static electricity. It sold for $60,000 until its creator was sentenced to 10 years imprisonment for fraud.

5. In 1919, a young Justice Department prosecutor named J. Edgar Hoover charged Garvey with mail fraud over a misleading caption on a Black Star brochure.

6. A man was sentenced to 12 years in jail for shoplifting less than $40 worth of merchandise from Walmart when his charge was upgraded to burglary. -- [Lawson had committed what is known as “return fraud” – pretending to return items that you didn’t buy.]

7. State Farm Insurance were successfully sued for $8M after charging customers with no criminal records with insurance fraud following an auto claim

8. A former major Pharmaceutical Exec admitted he committed fraud and bribery to get drugs approved. He charges $105 to read his confessions in his book "Side Effects: Confessions of a Pharma Insider"

9. Snuggies paid $8 million to settle fraud charges.

10. In addition to protecting the President of the United States, the Secret Service is also in charge of dealing with counterfeit currency, credit card fraud, and identity theft.

What is true about fraud charges?

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Facebook charges a five percent fee to donate through them to non-profits. 2% covers vetting the non-profit, fraud protection, operational costs and payment support. The remaining 3% covers payment processing.

The CEO and Editor-in-Chief of Business Insider was charged with securities fraud and is banned from the securities industry. - source

The guy from the Crazy Eddie commercials wasn't Crazy Eddie himself. It was DJ named Jerry Carroll who went on to star in 7,500 of their commercials. The real Crazy Eddie ended up going to prison for federal fraud charges. Crazy indeed. - source

Elizabeth Holmes, a 19y/o college dropout, who created a 10B$ company with nothing but promises, got investors like Walgreens and Robert Murdoch to invest, ultimately leading to fraud charges and criminal investigation

A woman faced fraud charges after a DNA test showed she wasn't the mother of her own children. She was in fact a chimera. - source

John Stonehouse, A british MP and spy for Czechoslovakia who faked his own death, got caught, and spent six months in prison only to then carry on being an MP until he was later jailed 7 years on fraud charges

A Canadian independent filmmaker tried to make a comedy documentary about an ordinary guy going to the Playboy Mansion and meeting Hugh Hefner. Playboy ignored him and his unsuccessful film led to financial ruin, fraud charges for trying to trick investors, and jail time

MegaUpload creator Kim Dotcom has been charged with computer fraud, data espionage, insider trading and embezzlement from 1994 to 2003.

The president of Liberia, Ellen Johnson Sirleaf is considered one of the most powerful women in the world. Having survived imprisonment and scandal from corrupt enemies on charges of fraud, she is also a Nobel Peace Prize laureate and the only woman ever elected to be a head of state in Africa.

In 2011 "Rudy" Ruettiger(famous Norte Dame football player) was charged with security fraud by the SEC, for participating in a pump-and-dump scheme. Settlement of the case required Ruettiger to pay $382,866 in fines, though he was not required to admit guilt.[13]

In 2010, the New York District Attorney's office charged Abacus Federal Savings Bank, the 2,531st largest bank in the country, with mortgage fraud. Abacus was the only bank to be criminally indicted for mortgage fraud following the 2008 financial crisis.