July 18th, 2009 
Before You Invest The National Bureau of Investigation (NBI) has arrested four Nigerian nationals for alleged credit card fraud.
The NBI identified the four Nigerians as Benson Alochukwa Onwuama, Rotini Mumuni Oladapo, Robinson Adatire, and Olarewaju Mojeed Ayegbusi.
The bureau said the foreigners were arrested at their apartment in Bacoor town, Cavite province last June 25.
Posted in Finance Fraud 
Tags: Airlines Ticket, Apartment, Benson, Bicutan, Bureau Of Immigration, Camp Bagong Diwa, Credit Card Charges, Credit Card Fraud, Credit Cards, Credit Fraud, Deportation, Fake Credit Card, Foreigners, Marcelino Libanan, National Bureau Of Investigation, Nbi, Nigerian Nationals, Nigerians, Philippine Airlines, Rotini 
No Comments » July 15th, 2009 Before You Invest 
(Bloomberg) — Julian Tzolov, the fugitive former Credit Suisse Group AG broker who was charged with bail jumping, has been arrested, Assistant Brooklyn U.S. Attorney Daniel Spector said in a letter to court filed today. Authorities in Marbella, Spain have taken Tzolov into custody following an international manhunt after he disappeared in New York in May.
Tzolov, who’s accused of fraudulently selling clients subprime mortgages linked to auction-rate securities, was declared a fugitive in June.
Posted in Finance Fraud Tags: Apartment, Authorities, Bloomberg, Brooklyn, Bulgaria, Count Indictment, Credit Suisse, Credit Suisse Group, Daniel Spector, Department Of Justice, Electronic Monitoring, Eric Butler, Group Ag, Illegal Scheme, Julian, Kennedy Airport, Manhunt, Marbella Spain, Mortgages, Prosecutors, Wire Fraud No Comments » April 13th, 2009 Before You Invest Moscow police are searching for two men who attacked a car repair cashier and made off with a bag containing 2 million rubles ($59,608), a police source told RIA Novosti on Monday. According to the source, the robbery occurred in Moscow’s south on Sunday when the cashier and her husband approached the entrance to their apartment.
Posted in Finance Fraud Tags: Apartment, Car Repair, Car Service, Cashier, Criminal Case, Moscow Police, Police Source, Ria Novosti, Robbers, Robbery, Rubles, S South, Two Men No Comments » April 13th, 2009 Before You Invest Moscow police are searching for two men who attacked a car repair cashier and made off with a bag containing 2 million rubles ($59,608), a police source told RIA Novosti on Monday. According to the source, the robbery occurred in Moscow’s south on Sunday when the cashier and her husband approached the entrance to their apartment.
Posted in Finance Fraud Tags: Apartment, Car Repair, Car Service, Cashier, Criminal Case, Moscow Police, Police Source, Ria Novosti, Robbers, Robbery, Rubles, S South, Two Men Comments Off January 12th, 2009 Before You Invest A judge allowed disgraced money manager Bernard Madoff to remain free on bail Monday, rejecting an attempt by prosecutors to send him to jail for mailing more than $1 million in jewelry to family and friends over the holidays.
The decision is sure to outrage investors who have been clamoring for Madoff to be sent to jail for allegedly carrying out the largest financial fraud in history.
Prosecutors said the gifts were grounds to have his bail revoked because what’s left of Madoff’s assets will have to be returned to burned investors.
But the judge not swayed by their arguments that Madoff represents an economic danger to the community because of the size of the fraud and his actions in sending the gifts.
Posted in Finance Fraud Tags: 1 Million, Apartment, Assets, Awaited Decision, Defendant, Defense Lawyer, Dissemination, Economic Harm, Family And Friends, Financial Fraud, Flight Risk, Innocent Mistake, Ira, Magistrate Judge, Money Manager, Outgoing Mail, Prosecutors, Security Company, Security Firm, Sorkin No Comments »
