• Headlines 9 December 2024

    Ohio and Virginia men convicted of conspiracy to commit securities fraud

    A federal jury recently convicted two men for conspiring to artificially inflate prices on a low-value stock being sold to investors. After a trial that proceeded in two stages for over four weeks, Paul Spivak, 65, of Willoughby Hills, Ohio, and Charles Scott, 70, of Alexandria, Va., were found guilty of conspiracy to commit securities fraud.
  • Headlines 12 August 2023
    Ohio couple indicted for insurance-fraud arson
    Rebecca C. Lutzko, United States Attorney for the Northern District of Ohio announced recently that a federal grand jury sitting in Cleveland returned a three-count indictment charging a Willoughby Hills couple with conspiring to set fire to rental properties in order to collect insurance money.
  • Headlines 11 July 2023
    Ohio man sentenced for role in $7M COVID-19 relief fraud scheme
    Aydin Kalantarov, 38, of Willoughby Hills, Ohio, was sentenced recently to 33 months in prison by U.S. District Judge Pamela A. Barker, after he pleaded guilty to defrauding the Small Business Administration (“SBA”) of approximately $1.2 million in Economic Injury Disaster Loan (“EIDL”) program under Coronavirus Aid, Relief, and Economic Security (“CARES”) Act.
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