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Wire Fraud

Legal news related to Wire Fraud

34 articles

Federal Circuit
•4 min read
Eleventh Circuit Court of Appeals

11th Circuit Affirms Wire Fraud Sentence in COVID-19 Relief Program Case

The U.S. Court of Appeals for the Eleventh Circuit affirmed the wire fraud sentence of Omar Loaces Gonzalez, who defrauded COVID-19-era relief programs. The court rejected Gonzalez's arguments that the district court misapplied federal sentencing guidelines and imposed an unreasonable sentence.

•Eleventh Circuit affirmed wire fraud sentence for defendant who defrauded COVID-19 relief programs including PPP and EIDL
•Court rejected challenges to both sentencing guidelines application and substantive reasonableness of the sentence
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Federal Circuit
•4 min read
Second Circuit Court of Appeals

Second Circuit Affirms Criminal Conviction of Lamor Whitehead

The U.S. Court of Appeals for the Second Circuit affirmed the criminal conviction of Lamor Whitehead in a summary order issued January 6, 2026. The three-judge panel upheld a judgment entered by the Southern District of New York on June 17, 2024.

•Second Circuit affirmed Lamor Whitehead's criminal conviction in summary order
•Three-judge panel upheld June 2024 judgment from Southern District of New York
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Federal Circuit
•4 min read
Eleventh Circuit Court of Appeals

11th Circuit Denies Compassionate Release for Ponzi Scheme Defendant

The U.S. Court of Appeals for the Eleventh Circuit has affirmed the denial of a compassionate release motion for Karamchand Doobay, who is serving a 151-month sentence for defrauding investors of more than $8 million through a Ponzi scheme. The court held that his family circumstances do not constitute the extraordinary and compelling reasons required for early release.

•Eleventh Circuit affirmed denial of compassionate release for Ponzi scheme defendant serving 151-month sentence
•Karamchand Doobay defrauded 84 investors of over $8 million through fraudulent investment scheme in Florida
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Regulatory
•4 min read

CFTC Secures $18.4M in Penalties Against Florida Firms in Metals Fraud

The Commodity Futures Trading Commission announced that a federal court has ordered $6.9 million in restitution and $11.5 million in civil penalties against six defendants involved in a fraudulent precious metals scheme. The case resolves enforcement action against individuals and Florida firms that operated a deceptive Silver Lease Program from 2014 to 2019.

•Federal court ordered $6.9M restitution and $11.5M civil penalties against six defendants
•Fraudulent Silver Lease Program operated from June 2014 through October 2019
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