fraud http://wamc.org en Albany Brokers Sentenced For $4M Ponzi Scheme http://wamc.org/post/albany-brokers-sentenced-4m-ponzi-scheme <p></p><p>Two upstate New York investment brokers have been given federal prison sentences for diverting more than $4 million of their clients' funds to pay personal expenses, their firm's employees and its preferred clients.</p><p>Local media outlets report that 65-year-old Timothy McGinn of Clifton Park was sentenced Wednesday to 15 years and 68-year-old David Smith of Saratoga Springs got 10 years. A federal judge in Utica also ordered them to pay $5.7 million in restitution and costs.</p> Wed, 07 Aug 2013 20:26:20 +0000 Dave Lucas 70953 at http://wamc.org Albany Brokers Sentenced For $4M Ponzi Scheme Troy Woman Accused of One Fund Scam Fights Extradition http://wamc.org/post/troy-woman-accused-one-fund-scam-fights-extradition <p>An upstate New York woman accused of scamming almost half a million dollars from the fund for Boston Marathon bombing victims is fighting extradition to Massachusetts. Troy City Court officials say 26-year-old Audrea Gause refused Tuesday to waive her right to an extradition hearing and go voluntarily to face a larceny charge.<br><br>The Troy woman was arrested Friday. She's being held on a fugitive warrant.<br> Tue, 23 Jul 2013 20:46:15 +0000 Dave Lucas 69844 at http://wamc.org Troy Woman Accused of One Fund Scam Fights Extradition MA Loses Millions to Public Assistance Fraud http://wamc.org/post/ma-loses-millions-public-assistance-fraud <p>State auditor Suzanne Bump says Massachusetts has lost more than $5.5 million to fraud in public assistance during the financial year that ended in June. WAMC’s Lucas Willard has more…</p><p>Bump's office documented the losses in a final report of the 2012 fiscal year that was released Wednesday.</p><p>The Supplemental Nutrition Assistance Program, or food stamps, accounted for most of the fraud, at nearly $1.7 million.</p><p>The report comes shortly after the state passed a law that would enact stricter penalties for food stamp trafficking and restrict cash assistance purchases.</p> Thu, 23 Aug 2012 03:00:00 +0000 Lucas Willard 46191 at http://wamc.org MA Loses Millions to Public Assistance Fraud State Police Veteran Faces Charges http://wamc.org/post/state-police-veteran-faces-charges <p>A 22-year veteran of the Vermont State Police who resigned after possible time-sheet fraud is facing charges.<br /><br />Sgt. Jim Deeghan of Colchester pleaded not guilty on Friday to two counts of false swearing.<br />&nbsp;&nbsp; Prosecutor T.J. Donovan called it a &quot;crime of opportunity,&quot; saying Deeghan reported responding to two car crashes and a false alarm but none of the incidents happened.<br />&nbsp;&nbsp; Last year, Deeghan was paid about $136,000, about $56,000 more than his base pay, although a trooper can typically expect to make about $30,000 in overtime a year. Fri, 13 Jul 2012 20:00:00 +0000 Pat Bradley 43065 at http://wamc.org State Police Veteran Faces Charges Former NY Senate Leader Re-Indicted in Court http://wamc.org/post/former-ny-senate-leader-re-indicted-court <p>The former New York Senate majority leader faces new federal fraud charges after his earlier convictions were<strong> </strong>overturned last year. WAMC&#39;s Dave Lucas reports...</p> Fri, 04 May 2012 11:38:03 +0000 Dave Lucas 38268 at http://wamc.org Former NY Senate Leader Re-Indicted in Court Former MA Treasurer Cahill Faces Arraignment http://wamc.org/post/former-ma-treasurer-cahill-faces-arraignment <p>Ex-state treasurer Timothy Cahill and two former aides are scheduled to appear in court to face ethics charges.&nbsp; WAMC&#39;s Tristan O&rsquo;Neill reports...</p><p>Cahill will be arraigned later today at Suffolk Superior Court.</p><p>He&rsquo;s facing public corruption charges for his alleged role in orchestrating an advertising campaign for the state lottery, funded with taxpayer dollars. Prosecutors said the television ad was really intended to boost Cahill&#39;s failed 2010 campaign for governor.</p> Wed, 04 Apr 2012 12:42:00 +0000 Tristan O'Neill 36111 at http://wamc.org Former MA Treasurer Cahill Faces Arraignment Former MA Treasurer Cahill Indicted on Corruption Charges http://wamc.org/post/former-ma-treasurer-cahill-indicted-corruption-charges <p>Former Massachusetts State Treasurer Timothy Cahill has been indicted on corruption charges stemming from his failed run for governor in 2010.&nbsp;&nbsp; WAMC&#39;s Paul Tuthill reports&hellip;</p><p>The charges against Cahill announced Monday by Massachusetts Attorney General Martha Coakley allege that he directed the Massachusetts State Lottery to use $1.5 million in taxpayer funded advertising to promote his gubernatorial bid...</p><p>&quot;We allege that&#39;s an unwarranted, unfair, and unlawful advantage and it&#39;s criminal in Massachusetts.&quot;</p> Tue, 03 Apr 2012 12:40:40 +0000 Tristan O'Neill 36027 at http://wamc.org Former MA Treasurer Cahill Indicted on Corruption Charges VT Judge Orders Company to Pay $2M Fine http://wamc.org/post/vt-judge-orders-company-pay-2m-fine <p>A Vermont judge has ordered a Texas debt settlement company to pay a fine of $2 million in a consumer fraud case.&nbsp; WAMC&rsquo;s North Country Bureau Chief Pat Bradley reports...</p><p>Credit Solutions of America also must pay full refunds to 207 Vermonters totaling about $350,000.</p><p>The Vermont attorney general&#39;s office had sued both CSA of Dallas and its owner, Doug Van Arsdale, in July 2010, accusing them of using unsubstantiated claims that people can reduce their debt &quot;in 60 seconds&quot; to advertise its services.</p> Tue, 03 Apr 2012 12:23:45 +0000 Tristan O'Neill 36025 at http://wamc.org VT Judge Orders Company to Pay $2M Fine