The former world's fastest woman was forced to return the medals to the International Olympic Committee after pleading guilty to lying to federal investigators about taking performance-enhancing drugs and her involvement in a check fraud scam.
It claimed back VAT on bogus Europe-wide business transactions in a scam known as carousel fraud.
Q-Tech are said to have made a fortune by claiming back VAT on false Europe-wide business transactions in a scam known as carousel fraud.
John Mattera is the latest scam artist charged with securities fraud, wire fraud and money laundering.
FORBES: Another Investment Scam: John Mattera's Impressive CV
In the past two years, the scheme has been blighted by upsets including the re-sale of used carbon offsets, a phishing scam, hacking and continuing VAT fraud.
Mr Stone said because the same commodities can go round and round from importer to export broker and back again, the scam is known as a carousel fraud.
The most common investor mortgage fraud schemes are different types of property flipping, occupancy fraud and the straw buyer scam.
FORBES: These tips will help you avoid becoming the victim of fraud.
The registered owner, Takia Walker, was arrested on insurance fraud charges Sunday in a scam involving the car, police said.
Prominent Pakistanis called it "naked fraud' and "the greatest scam in Pakistan's history.
Former Ohio State stand-out quarterback, Art Schlichter was charged yesterday in federal court with bank and wire fraud charges associated with a sports ticket scalping scam.
FORBES: Former Ohio State QB, Art Schlichter, To Plead Guilty To Fed Charges
Scott Anixter, 51, Anicom's chief executive and chairman, hoped to polish his image after being charged in 1990 with 14 felony counts of fraud and five misdemeanor violations in a trading scam at the Chicago Board of Trade.
Three men who helped self-styled "Lord" Edward Davenport mastermind a multi-million-pound fraud have been jailed for their part in the scam.
The SEC has brought stock fraud charges against convicted stock swindler Tommy Quinn, alleging he was behind a scam called Sundance Gold Mining Exploration Inc.
Indeed, the most successful scam artists regularly outsmart their outside experts or even use the skills and reputation of these experts to perpetuate the fraud.
FORBES: Anatomy of (Yet Another) Hedge Fund Fraud (June 1, 2001)
Although Madoff originally said that he was the sole perpetrator of the fraud, prosecutors allege that he had quite a bit of help to falsify records and keep the scam going until four years ago.
FORBES: Inside the Mind of Madoff: When Did Scam Really Begin?
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