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Tag Archives: scam

Grand jury indicts man accused of bilking investors

BATON ROUGE, La. — A federal grand jury has indicted a Louisiana man on 18 counts of mail fraud for allegedly executing a $13-million investment fraud scheme. The Advocate reports U.S. Attorney Donald J. Cazayoux Jr. announced yesterday that 57-year-old James R. Holdman, of Baker, La., operated a hedge fund called Greenwing Capital Management, LLC, and solicited and received millions ...

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Appeals panel upholds mortgage fraud convictions

RIDGELAND — A federal appeals panel has upheld the conviction of three people in a Mississippi mortgage fraud scheme that involved more than $10 million in fraudulent loans. Former Ridgeland mortgage broker Mark Calhoun and father-and-son associates J. Larry Kennedy and Keith Kennedy, who operated a mortgage loan closing business, had appealed their 2010 convictions. Calhoun was sentenced to more ...

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BBB issues national warning concerning local parts dealer

MERIDIAN — The Better Business Bureau has given a Meridian online auto parts dealer an “F” rating and warned consumers nationwide about the business. The BBB says in a news release that it has received 15 complaints in the past three months from consumers about CorvetteSouth. The company sells corvette parts and accessories online. The BBB says complaints allege the ...

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Ex-mayor convicted of murder conspiracy released from prison

BILOXI — Former Biloxi Mayor Pete Halat was released from prison yesterday after serving 15 years in a conspiracy that led to the 1987 slayings of a Mississippi judge and the judge’s wife, also a Biloxi City Council member. The Sun Herald reports Halat, 70, was released from federal prison in Oakdale, La., and moved to a halfway house Family ...

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Teacher to answer charges of cheating on certification test

COLUMBUS — A Columbus teacher is scheduled to be in federal court in Memphis, Tenn., on Oct. 3 to answer charges she participating in a scheme in which teacher candidates would hire others to take certification tests. WCBI-TV reports 34-yeard-old Darcel Gardner, a special education teacher at Columbus High School, was placed on administrative leave yesterday by the school board. ...

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Tacker asks judge to vacate sentence for biofuels scheme

NETTLETON — A Mississippi businessman has asked a federal judge to vacate his five-year prison sentence on a conviction of defrauding a biofuels subsidy program. William T. “Tommy” Tacker II was convicted in 2010 on 10 counts that he conspired to defraud the U.S. Department of Agriculture of nearly $3 million for his company, Biodiesel of Mississippi Inc. of Nettleton. ...

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Lawmakers urging SEC to appeal decision over Stanford victims' compensation

WASHINGTON, D.C. — Sen. Thad Cochran (R-Miss.) is supporting a legal appeal to try to overturn a federal court ruling that would deny compensation to victims of the multi-billion fraud perpetrated by the Stanford Financial Group. Cochran is one of 14 senators who have signed a letter encouraging Mary Schapiro, chairwoman of the Securities and Exchange Commission (SEC), to promptly ...

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Farm Bureau warns of scam; reports activity to AG

JACKSON — The Mississippi Farm Bureau Federation reports it has been made aware of emails circulating stating the recipient has been awarded a “$1,000 Visa Gift Card free of charge” from Mississippi Farm Bureau Federation. This is not a legitimate communication from Mississippi Farm Bureau Federation, and there is no such award program in place through Mississippi Farm Bureau Federation, ...

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Ex-Rose Cancer doctor, billing agent expected to plead guilty

SUMMIT — A cancer doctor and a billing agent are expected to plead guilty today to charges related to an alleged scheme to dilute chemotherapy drugs and use old needles on multiple patients. Dr. Meera Sachdeva, Brittany McCoskey and Monica Weeks were indicted last August on charges including conspiracy and witness tampering related to activities of Rose Cancer Center in ...

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Another electricity cooperative suspends e-checks due to scams

HATTIESBURG — The Dixie Electric Power Association is not accepting e-check payments due to a recent scam, claiming that the federal government is paying utility bills. The Hattiesburg American reports the scam included an invalid routing number, prompting the association’s management to shut down the e-check payment option until further notice. Aaron Zumwalt, administration and finance manager, says customers can ...

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