Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Kevin Feng Gao, a real estate executive, has been charged with orchestrating a $30 million bank fraud scheme in Manhattan. Gao allegedly created a fraudulent bank account under the name of a management company involved in a Manhattan real estate project, misleading an investment company to transfer $30 million into this unauthorized account. The funds were then dispersed to accounts controlled by Gao and his associates. The U.S. Attorney for the Southern District of New York emphasized that such schemes undermine the integrity of the financial system. Gao faces charges including bank fraud, which carries a maximum sentence of 30 years in prison.
The former chief financial officer (CFO) of the Department of Agriculture, Forestry, and Fisheries (DAFF) has been sentenced in the Bellville Specialised Commercial Crimes Court in Cape Town. #news #corruption #hawks #npa #crimeandcourts #fraud #crimelawandjustice Read on… https://t.co/0NvXuTw62Q
Man sentenced in multimillion-dollar insurance fraud scheme, North Texas feds announce https://t.co/hp9wIgJktU
The Kempton Park Magistrate's Court in Gauteng has convicted and sentenced an immigration official, previously stationed at the OR International Airport, for corruption. #news #crime #bribery #immigrationofficial #crimeandcourt #ORTamboAirport #Corruption #SAPS #NPA Read on… https://t.co/Y74oGx0pkW
