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Man called muse for 'Wolf of Wall Street' charged with fraud

By Emily Flitter NEW YORK (Reuters) - A man who served prison time for conning Hollywood stars and reputedly inspired Leonardo DiCaprio's performance in "The Wolf of Wall Street" was in federal court on Thursday facing charges that he used a friend's credit card to buy liquor, a plane ticket and food, according to court filings.

Soaring numbers of Singaporean women fall prey to web love scams

Soaring numbers of Singaporeans -- mostly women -- are falling victim to "Internet love scams" police said in a Valentine's Day warning that criminals are exploiting lonely hearts increasingly turning to the web to find partners. The number of people robbed by online con artists faking romantic interest before tricking people out of money jumped 62 percent between 2012 and 2013, police said in an annual crime briefing. Official figures also show e-commerce rackets doubled to 509 in 2013.

ZeekRewards former chief operating officer pleads guilty in $850 million Ponzi scheme

CHARLOTTE, N.C. - A key player in a North Carolina online company that took money from tens of thousands of people is pleading guilty for her role in the Ponzi scheme. Dawn Olivares pleaded guilty Wednesday in federal court in Charlotte to securities fraud conspiracy and tax evasion stemming from the $850 million scam. Her stepson, Daniel Olivares, also pleaded guilty to securities fraud conspiracy. Each faces a possible five years in prison.

Attorney General: Justice Department will track down thieves in Target data breach

WASHINGTON - Attorney General Eric Holder says the Justice Department is committed to tracking down the thieves who stole information from millions of customers of Target Corp. In an appearance Wednesday before the Senate Judiciary Committee, Holder said that the government also will hunt down any people and groups that exploit the stolen data through credit card fraud.

Four former top Quebec cops face fraud, theft and breach of trust charges

MONTREAL - The former head of the Quebec provincial police force and three other former senior officers have been ordered to appear in court next month on charges of fraud, theft and breach of trust. Charges filed in Montreal on Tuesday name Richard Deschenes, the force's former director-general, former assistant director Steven Chabot, Alfred Tremblay, a former assistant director of investigations, and Jean Audette, another ex-assistant director in charge of investigations.

Feds: Russian man who created bank hacking software pleads guilty to conspiracy and wire fraud

ATLANTA - A Russian man who federal authorities say created a computer program used to drain bank accounts has pleaded guilty to a conspiracy charge. Aleksandr Andreevich Panin, who's also known as "Gribodemon," pleaded guilty Tuesday to a single charge of conspiracy to commit mail fraud and wire fraud. Another man, Hamza Bendelladj, was also indicted in the case and pleaded not guilty in May after being extradited from Thailand, where he was arrested a year ago.

Tong Yang Group chief to stand trial for fraud

SEOUL, Jan. 28 (Yonhap) -- The head of financially troubled Tong Yang Group has been indicted on charges of fraudulently issuing and selling financial products, inflicting losses on nearly 40,000 individual investors, state prosecutors said Tuesday.

Federal judge sentences former Wyoming and Indiana hospital chief to 10 years in fraud case

CHEYENNE, Wyo. - A former hospital administrator who pleaded guilty to defrauding hospitals in Wyoming and Indiana has been sentenced to 10 years in prison. U.S. District Judge Nancy Freudenthal on Monday also ordered Paul Cardwell to pay restitution of nearly $1.7 million. Cardwell pleaded guilty last year to conspiracy to commit mail and wire fraud and conspiracy to commit money laundering. Prosecutors say Cardwell took nearly $850,000 from Powell Valley Healthcare in 2011 and earlier took about the same amount from White County Memorial Hospital in Monticello, Ind.

Vietnam's ex-banker gets life over $230 mln fraud case

A Vietnamese court Monday sentenced a former banker to life in prison for a fraud involving more than $230 million, one of the communist country's largest-ever such cases. Huynh Thi Huyen Nhu, 37, was convicted alongside 22 other defendants who were given sentences of up to 20 years in prison after a three-week trial ended Monday, a clerk at the People's Court in the southern metropolis of Ho Chi Minh City told AFP.

Gov't to crack down harder on phone fraud schemes

SEOUL, Jan. 27 (Yonhap) -- The government is seeking to root out phone-based financial frauds amid rising public concerns that the personal data stolen in recent information thefts will be used by scammers, industry sources said Monday. According to the sources, the government and political parties are poised to pass a revised bill on personal data protection next month that strengthens requirements for short message service providers and strictly regulates data sharing among corporate affiliates.
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