University of Miami Donor Charged with Fraud

Federal prosecutors in New Jersey have charged a Miami Beach business man with operating a $900 million investment fraud. Prosecutors allege that Nevin Shapiro operated a Ponzi scheme that bilked his friends and acquaintances. The complaint alleges that Shapiro obtained investments for his company, Capitol Investments, USA. Prosecutors contend that Shapiro told prospective investors that […]

Indictment in Largest Identity Theft Scheme

Federal prosecutors in New Jersey on Monday announced an indictment in the largest identity theft scheme ever uncovered in the United States. Charged in the indictment were Albert Gonzalez and two others who remain fugitives. The indictment alleges that Gonzalez and the others targeted large corporations for theft of credit and debit card numbers. The […]