Financial Fraud

Mario King Accused of Mortgage Fraud in Texas

Mario King, the former mayor of Moss Point, is now facing mortgage fraud charges in Texas and has “engaged in activities that equates to obstruction of justice,” each of which might have a substantial influence on his sentencing in the federal fraud scheme in Gulfport. According to court records, King’s attorney, Calvin Taylor, highlighted the additional claims and requested a postponement of King’s sentencing, which was slated for Thursday. Natasha King, King’s wife, also requested a postponement of the sentencing. Prosecutors have not raised any objections to the hearing being … Read more

Daniel Leonard Sherman Charged With Credit Card Fraud

ROSEBURG, OREGON – After investigating the usage of a stolen credit card, the Roseburg Law Enforcement detained a guy. Around 4:30 p.m., the victim reported unauthorized usage of his credit cards to the RPD. Daniel Leonard Sherman, 44, traveled to ten different shops across city and made two online transactions using stolen credit cards he obtained in a purse on Tuesday. All of these transactions took place between 9:08 a.m. and 12:35 p.m. on July 6. Sherman was identified as the culprit after being seen on video at a number … Read more

Katie Lynn Hebert Charged With $380,000 Credit Card Fraud

TERREBONNE PARISH, LA. — For spending more than $380,000 on business credit cards, a Louisiana lady was detained Wednesday night and faces felony larceny and financial fraud charges. Katie Lynn Hebert, 35, of Terrebonne Parish, has been embezzling money from her job by using credit cards in the names of old colleagues, according to Terrebonne Parish Sheriff Tim Soignet’s report issued Thursday. A source told investigators that the embezzler was no longer at the company and had previously handled the business’s credit card account after the investigation was launched on … Read more

Elliot Smerling Accused of $95 Million Bank Fraud

A 52-year-old Lake Worth investment banking manager is suspected of falsifying files including the names of prominent corporate and university endowment executives, to persuade a lender to fund him $95 million in what federal authorities call a “brazen fraud.” Elliot Smerling, the CEO of JES Global Capital and the owner of luxury mansions in suburban Lake Worth Beach and Wellington, was charged with bank fraud, wire fraud, and felony identity theft in New York City, according to charging documents. On Thursday, he appeared in Manhattan’s United States District Court and pled … Read more