On Aug. 7, a California man pleaded guilty to fraud charges in federal court. The 61-year-old Sherman Oaks resident is scheduled for sentencing on Oct. 15.
On July 26, the Department of Justice announced that a Vallejo resident was sentenced to four years in prison for conspiracy to commit wire fraud affecting a financial institution and bank fraud. The offender, along with two co-conspirators, operated a company called Capital Access LLC that reportedly preyed on homeowners nearing foreclosure.
A California pharmacy owner has been sentenced to four years in prison after being convicted on charges of health care fraud. The government alleged that the 39-year-old Pasadena woman had billed Medicare for over $1.3 million in prescription drugs. However, these drugs were never prescribed or distributed to patients; instead, they only existed in the records submitted by the pharmacy owner.
The criminal fraud realm is a universe that is often misperceived and not well understood by a large swath of the public.