by The Commercial Record | Sep 6, 2022 | Banking & Lending, CR Daily, Executive Briefing
Four Georgia men have been sentenced to prison for taking part in a scheme to recruit homeless people to cash counterfeit business checks at banks in Connecticut and other New England states.
by The Commercial Record | Apr 14, 2022 | Banking & Lending, CR Daily, Executive Briefing
A former Santander Bank employee has pleaded guilty to using his position at the bank for a fraud conspiracy that targeted older customers.
by The Commercial Record | Jan 31, 2022 | Banking & Lending, CR Daily, Executive Briefing
A Stamford man pleaded guilty in federal court last week to providing false information to banks and receiving more than $4 million in Paycheck Protection Program loans.
by The Commercial Record | Oct 6, 2021 | Banking & Lending, CR Daily, Executive Briefing
The last of 15 defendants in an ATM skimming operation in Connecticut and other states has pleaded guilty in federal court.
by The Commercial Record | May 20, 2021 | Banking & Lending, CR Daily, Executive Briefing
Two New York men were charged in federal court yesterday for a mortgage scheme involving two Hartford apartment buildings.
by The Commercial Record | Dec 21, 2020 | Banking & Lending, CR Daily, Executive Briefing
Former bond trader Michael Gramins was sentenced in Connecticut federal court to six months of home confinement for his role in a pricing scheme involving residential mortgage-backed securities.
by The Commercial Record | Sep 18, 2020 | Banking & Lending, CR Daily, Executive Briefing
A Waterbury man has been sentenced in federal court to nearly four years in prison for participating in a check fraud scheme that cost banks more than $300,000.
by The Commercial Record | Sep 8, 2020 | Banking & Lending, CR Daily, Executive Briefing
Nine men have been charged in a wide-ranging bank fraud and identity theft scheme that affected multiple states, including Connecticut.
by Diane McLaughlin | Jul 29, 2020 | Banking & Lending, CR Daily, Industry News
A lawsuit against Bridgeport-based People’s United Bank accuses senior executives in the Massachusetts market of a wide range of discriminatory actions, including denying loan deals as a way to damage employees’ performance and affect their compensation.
by The Commercial Record | Jul 2, 2020 | Banking & Lending, CR Daily, Executive Briefing
A former Waterbury woman became the fourth person to plead guilty in a counterfeit check scheme that defrauded banks of approximately $240,000.
by The Commercial Record | Jul 12, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A former East Greenwich, Rhode Island businesswoman admitted yesterday in federal court to utilizing her business and business contacts, including family members, friends and business associates, to operate a $10.3 million Ponzi scheme.
by The Commercial Record | Jul 10, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A Bridgeport woman waived her right to be indicted and pleaded guilty yesterday to one count of mail fraud related to a credit card fraud scheme.
by The Commercial Record | Jun 11, 2019 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News
An Old Saybrook man has waived his right to be indicted and pleaded guilty before U.S. District Judge Michael P. Shea in Hartford to one count of making false statements for the purpose of obtaining a Small Business Administration loan.
by The Commercial Record | May 23, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A Hamden man waived his right to be indicted and pleaded guilty yesterday to one count of wire fraud stemming from a long-running embezzlement scheme.
by The Commercial Record | May 22, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A Bridgeport man pleaded guilty yesterday in Bridgeport federal court to one count of bank robbery and admitted that he committed a total of three bank robberies and two Subway store robberies in Connecticut last year.
by The Commercial Record | May 2, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A Hartford man was sentenced to 54 months of imprisonment, followed by three years of supervised release, for fraud and identity theft offenses stemming from a mail theft and check cashing scheme.
by The Commercial Record | Apr 26, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
A Palm Beach, Florida man pleaded guilty yesterday in Bridgeport federal court to conspiracy, money laundering and tax evasion offenses related to multiple schemes to defraud foreign investors and financial institutions.
by The Commercial Record | Apr 26, 2019 | Banking & Lending, CR Daily, Executive Briefing, Industry News
Two Florida residents were charged yesterday by a federal grand jury in Hartford with robbing a Wethersfield bank at gunpoint in December 2018.
by The Commercial Record | Apr 19, 2019 | Banking & Lending, CR Daily, Industry News
A Wallingford man waived his right to be indicted and pleaded guilty earlier this week in Hartford federal court to one count of bankruptcy fraud.
by The Commercial Record | Apr 18, 2019 | Banking & Lending, CR Daily, Industry News
A citizen of India pleaded guilty yesterday in federal court in Bridgeport to one count of bank fraud stemming from a “provisional credit” scheme.