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Southern District of Florida | Coral Springs Resident Sentenced to 51 Months for Embezzlement Scheme Against Former Employer and Submission of Fraudulent CARES Act Loan Application
MIAMI – Jennifer Pamela Izzo, 35, of Coral Springs, Florida, has been sentenced to 51 months in prison for embezzling $94,500 from her former employer, a trucking maintenance company based in Fort Lauderdale. She also exploited her position at the company when filing a COVID-19 assistance loan on its behalf, attempting to fraudulently divert government funds for her own personal benefit. Although the loan was never granted, she stood to gain as much as $150,000 in additional illicit funds. In August 2019, the auto-maintenance company hired Izzo as its financial bookkeeper, entrusting her with direct access to the vendor accounts and the company credit cards, including the cards issued in…
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New defendants charged in $50 million Ponzi scheme involving off-the-road tires | USAO-SDOH
COLUMBUS, Ohio– A federal grand jury has indicted two Texas males for their roles in one or far more alleged conspiracies involving wire fraud, income laundering and tax fraud. Charges pending in opposition to John K. Eckerd, Jr., 58, of Dallas, and Afif Baltagi, 45, of Houston, ended up unsealed yesterday. It is alleged that Eckerd is the leader of the multi-condition conspiracy. Conspiring with earlier convicted and sentenced defendant Jason E. Adkins, 46, of Jackson, Ohio, Eckerd, Baltagi, and other folks orchestrated a $50 million Ponzi plan that defrauded extra than 50 traders. According to the indictment, from 2012 till at minimum in or about…
