Truth Behind Numbers

April 2017 Fraud Cases In The News: Penny Stock Fraud & More

April 2017 Fraud Cases In The News: Penny Stock Fraud & More

If you are looking for a way to stay up to date on recent cases involving alleged fraud or theft throughout the country, the FBI’s website,, is a great source of information.

Below are some April 2017 fraud cases in the news referenced on the FBI’s website.

Pharmaceutical Theft

Read Article: $60 Million Heist Largest in Connecticut History

April 10, 2017

In the middle of a powerful March nor’easter that was lashing the East Coast with rain and wind, a tractor-trailer backed into a loading dock at a secluded warehouse in Enfield, Connecticut. It was late on a Saturday night. Before dawn the next morning, thieves had made off with $60 million worth of pharmaceuticals—the largest theft in the state’s history.

Forged Provenance

Read Article: Forging Papers to Sell Fake Art

April 6, 2017

Michigan art dealer Eric Ian Hornak Spoutz grew up in a family of artists. His namesake uncle, Ian Hornak, was famous among Hyperrealist and Photorealist painters, and his mother was a gifted painter as well.

Spoutz became an artist in his own right—a con artist peddling fakes. His specialty was forging paperwork that he used as proof of authenticity to sell bogus works.

Penny Stock Fraud Nets Millions

Read Article: Scheme Mastermind Among Those Sentenced to Prison

April 3, 2017

It was a fraud scheme involving penny stocks, but the scheme’s mastermind ended up making millions of dollars from unsuspecting investors around the country.

Craigslist Robbers

Read Article: California-Based Thieves Targeted Big-Money Items and Sellers

March 20, 2017

For the high-end jewelry sellers on the popular online classifieds site Craigslist, it must have seemed like their ship had come in: A prospective buyer in California offered not only their asking price but would fly them into town and have a limo waiting.

Fraud comes in many shapes and sizes. Not all fraud amounts to millions or billions of dollars, but it could greatly impact your personal or business finances.  If you feel like you are the victim of fraud, you may want to look into Certified Fraud Investigation Services from a CFE.


Call Veriti Consulting now to speak with a professional and trusted forensic accounting firm. Reach out and contact us today at (855) 232-4410.

Read related articles:

Phoenix, AZ

8111 E Thomas Rd #120
Scottsdale, Arizona 85251
Tel. (602) 229-1280
Fax (602) 229-1281

Flagstaff, AZ

111 East Aspen Avenue, # 27
Flagstaff, Arizona 86001
Tel. (928) 525-4960

Las Vegas, NV

1810 E Sahara Ave Suite 1-343
Las Vegas, NV 89104
Tel. (702) 289-4719

Charlotte, NC

409 East Blvd
Charlotte, NC 28203
Tel. (704) 537-1210

Connect with Veriti

Toll-Free: (855) 232-4410


Visit Us On TwitterVisit Us On FacebookVisit Us On Google PlusVisit Us On LinkedinVisit Us On Youtube

Recommend Us on Social

Recent Posts