Wells Fargo sues JPMorgan, Meyer Chetrit over $481M allegedly inflated mortgage
Wells Fargo sued JPMorgan and Meyer Chetrit, alleging the lender and borrower on a national multifamily deal knew a $481 ...
American Banker4d
Fraud and scams plateaued but got more expensive in 2024
Both consumers and banks reported that the rate of fraud and scams has steadied, according to Fincen and FTC data, but the ...
Incarcerated Florida businessman, 10 companies to pay $20M in pandemic relief fraud
The Justice Department said Wednesday an incarcerated Florida businessman and 10 companies he owned or operated will pay ...
ConsumerAffairs13d
Big banks get off the hook from Zelle fraud lawsuit
Big banks are no longer facing a CFPB lawsuit over Zelle fraud claims after the agency dropped its case against JPMorgan, ...
Par Funding enforcer James LaForte sentenced to more than 11 years prison for fraud, attack on lawyer
Prosecutors said James LaForte was a Par Funding "attack dog" who threatened people on behalf of the company, which was run ...
Broward couple who worked as BSO deputies catch big break from judge in pandemic loan-fraud case
Tracy and Carolyn Wade, both longtime Broward County Sheriff’s deputies, own a funeral home in Hallandale Beach.
Former Baltimore City Council candidate convicted of fraud for abusing $1.7 million in COVID relief funds
A woman who ran for Baltimore City Council in 2019 has been convicted of fraud for misusing nearly $1.7 million in COVID-19 ...
Major fraud probe over company's investment loans
A major fraud investigation has been launched into an asset management company involved in leisure and mining operations. Merseyside-based Seventy Ninth Group is being investigated by City of London ...
JD Supra14h
Florida Man and Affiliated Companies Pay $20 Million for COVID-19 Fraud
Following a whistleblower complaint filed by Andrew Hersh in 2020, a Florida businessman, Patrick Walsh, and 10 companies he owned or operated ...
Bayway Auto Group Implements Point Predictive's BorrowerCheck™ to Strengthen Lender Relationships by Combatting Industry’s Rising Fraud
SAN DIEGO, March 11, 2025 (GLOBE NEWSWIRE) -- Point Predictive, the leader in artificial intelligence solutions for consumer lending, today announced that Bayway Auto Group, one of Houston's premier ...