Acton Man Pleads Guilty to SBA EIDL Fraud
An Acton man has pleaded guilty for his role in a scheme to use stolen identities to obtain COVID-related U.S. Small Business Administration loans and then launder the money through fraudulent bank accounts.
Ludlow Couple Sentenced for Defrauding Freddie Mac
A Ludlow couple was sentenced to 18 months in prison for a bid-rigging and kickback scheme that defrauded Freddie Mac.
Former State Street Executive Sentenced for Secret Trading Commissions Scheme
A former senior managing director of State Street Corp. was sentenced yesterday in federal court in Boston in connection with engaging in a scheme to defraud at least six of the bank’s clients through secret commissions applied to billions of dollars of securities trades.
Weymouth Woman Admits To Stealing Over $700K From Employer
A Weymouth woman pleaded guilty in U.S. District Court in Boston on Tuesday in connection with a fraud scheme in which she stole approximately $701,826 from her employer.
Developer, Housing Official Face Charges For $2.3M Fraud Scheme
A real estate developer and a former city of Worcester housing official were recently charged in U.S. District Court in Worcester in connection with a $2.3 million fraud scheme relating to the redevelopment of a multifamily property in Worcester.
