Oakland, CA - Press Release
A federal grand jury has returned a 53 count indictment charging seven individuals with conspiracy to commit wire fraud, wire fraud, and money laundering for their roles in a mortgage fraud scheme that involved more than 100 properties in Northern California, United States Attorney Joseph P. [...]
In the following press release Sonoma County (CA) District Attorney Stephan Passalacqua announced today that Juan Carlos Alcala, age 32, of Windsor, plead no contest to nineteen felony counts and admitted three special allegations for defrauding real estate investors, money laundering, and elder fraud. By his pleas, Alcala admitted [...]
This week, the Financial Industry Regulatory Authority announced that it is fining Scottrade $600,000 for failing to put into place and work with an adequate anti-money laundering program that would have allowed it to identify and report suspect transactions. FINRA says that by failing to meet this requirement, [...]
