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Chicago: Seyfarth Shaw LLP has issued the following press release: Since September 2023, there have been at least 25 lawsuits filed claiming the ability to choose between using 401(k) forfeitures [...]

THE Court of Appeals (CA) has junked the civil forfeiture case filed by the Anti-Money Laundering Council (AMLC) against three individuals for their alleged involvement in the multi-billion pork barrel [...]

KUALA LUMPUR, Oct. 17 -- Counsels acting for 1Malaysia Development Berhad (1MDB) in its civil suit against Riza Shahriz Abdul Aziz, the stepson of Datuk Seri Najib Razak, said a [...]

In the past year, there have been several lawsuits that have challenged an employer's use of forfeited funds from employee 401(k) accounts to satisfy the employer's plan contributions under the [...]

T.O. Estate v. D.O. was a family law decision that dealt with debts owing between the spouses and their corporations. At trial, the $341,000 debt owing by the wife's company [...]

In a recent Ontario Court of Appeal decision, Furtado v. Lloyd's Underwriters,1 the court upheld the lower court's ruling and denied the appellant's request for relief from forfeiture due to [...]

Introduction The English High Court has given its judgment in the legal battle between FW Aviation (FWA) and VietJet Aviation Joint Stock Company (VietJet). This case revolved around the enforcement [...]

In the recent case of Furtado v Lloyd's Underwriters1, the Court of Appeal for Ontario considered whether an insured was entitled to coverage for two claims under their company's directors [...]

In a recent case in Denmark, an employer lost its right to obtain an injunction against a former employee performing consultancy work for a competitor. The district court found that [...]

In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, [...]

PHILADELPHIA United States Attorney Jacqueline C. Romero announced that John Dougherty, 64, of Philadelphia, PA, was sentenced today by United States District Court Judge Jeffrey L. Schmehl to 72 months [...]

The recent developments in the Steinhoff scandal, particularly the forfeiture of assets belonging to Markus Jooste's former 'lover,' Berdine Odendaal, have set a significant legal precedent in the fight against [...]

Two former executives of a Springfield, Missouri-based charity were sentenced for their roles in a multimillion-dollar public corruption scheme that involved embezzlement and bribes paid to multiple elected public officials [...]

Co-Conspirator Sentenced to 21 Months in Prison and $4.7 Million Forfeiture John Can Unsalan, aka Hurrem Can Unsalan, the president of Orlando, Florida-based steel trading firm Metalhouse LLC, was sentenced [...]

BOSTON A Brockton man was sentenced yesterday in federal court in Boston for a scheme to submit false applications to obtain Paycheck Protection Program (PPP) and Economic Injury Disaster Loan [...]

Jacksonville, Florida U.S. District Judge Henry L. Adams today sentenced Amit Patel (31, Jacksonville) to six years and six months in federal prison for committing wire fraud and engaging in [...]

The Employee Retirement Income Security Act ('ERISA') plaintiffs' bar has found a new way to allege that 401(k) plan sponsors have breached their fiduciary duty. This latest suit alleges that [...]

SAN DIEGO Dr. Michael Villarroel, who at the time of his crimes was a doctor in the U.S. Navy, was sentenced in federal court today to one year and one [...]

A Florida man and woman were sentenced for their roles in a wide-ranging conspiracy to defraud Medicare by billing over $93 million for home health therapy services that were never [...]

BOSTON The founder and operator of a Swiss asset management firm was sentenced today in federal court in Boston for his role in a massive global securities fraud scheme that [...]

A federal grand jury in Honolulu returned a superseding indictment yesterday charging a Hawaii man with obstruction, witness tampering, and structuring, while awaiting trial on previous charges of securities fraud, [...]

FARGO, N.D. United States Attorney Mac Schneider announced that Devonsha Dabney a/k/a Kemell, age 29, of Detroit, Michigan, appeared before Chief Judge Peter D. Welte, U.S. District Court, Fargo, ND, [...]

Damian Williams, the United States Attorney for the Southern District of New York, and Richard C. Breeden, Special Master of the Madoff Victim Fund (MVF), announced today that the United [...]

PORTLAND, Ore.A Portland man whose 20-year federal prison term was cut short by a commutation was sentenced to an additional 25 years in prison today for dealing counterfeit oxycodone pills [...]

Tampa, Florida U.S. District Judge Kathryn K. Mizelle has sentenced James John Melis (54, Largo) to four years and three months in federal prison for bank fraud and wire fraud. [...]

In the case between Mr Tsietsi Philemon Mashola and Mrs Makwena Delina Mashola, the Supreme Court of Appeal ('SCA') was tasked with determining whether, following their divorce, Mr Mashola should [...]

Commercial leases usually contain provisions granting a lessee an option to renew a term of the lease upon the fulfilment of certain conditions. Lessors can refuse to grant those options [...]

WASHINGTON An Ohio man was sentenced today to 51 months in prison for stealing over 712 bitcoin that were the proceeds of the darknet bitcoin mixer Helix and subject to [...]

An Ohio man was sentenced today to four years and three months in prison for stealing over 712 bitcoin that were the proceeds of the darknet bitcoin mixer Helix and [...]

LOS ANGELES A former doctor has been sentenced to 84 months in federal prison for scheming to defraud private insurance companies and the Tricare health care program for U.S. military [...]

Shipped Meth Concealed Inside a Fire Extinguisher, Laundered Money SPRINGFIELD, Mo. Two men have been sentenced in federal court for their roles in a conspiracy to distribute large amounts of [...]

CRIMINAL PROCEDURE Law Firm - Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 - Seizing Order - Forfeiture - Legitimate Interest - Legal Fees - Decision - No written [...]

BROOKLYN, NY Earlier today, Ng Chong Hwa, also known as Roger Ng, a citizen of Malaysia and a former Managing Director of The Goldman Sachs Group, Inc. (Goldman Sachs), was [...]

PHILADELPHIA United States Attorney Jacqueline C. Romero announced that Bill Omar Carrasquillo, 36 years old, of Swedesboro, NJ, was sentenced to 66 months imprisonment, five years of supervised release, more [...]

BOSTON A Lowell man was sentenced today in federal court in Boston for engaging in a scheme to defraud his clients of millions of dollars. Steven Xigoros, 55, was sentenced [...]

BOSTON The founder of My Big Coin, a purported cryptocurrency and virtual payment services company headquartered in Las Vegas, Nev., was sentenced today in federal court in Boston for marketing [...]

BROOKLYN, NY Earlier today, in federal court in Brooklyn, John DeMarr was sentenced by United States District Judge LaShann DeArcy Hall to 60 months in prison for his participation in [...]

BOSTON A Wakefield man was sentenced today in federal court in Boston for a mortgage fraud scheme involving at least two dozen fraudulent loan transactions and $4.3 million in losses [...]

Earlier today, in federal court in Central Islip, Lawrence Isen, a former registered broker who participated in a criminal conspiracy to promote and manipulate the price of shares in publicly [...]

A New Jersey man was sentenced in connection with charges stemming from his sale of more than $2.7 million worth of unregistered pesticides to numerous victims based on false representations [...]

Two men were sentenced yesterday for their roles in the submission of fraudulent loan applications seeking more than $1.7 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the [...]

Two men were sentenced yesterday for their roles in the submission of fraudulent loan applications seeking more than $1.7 million in forgivable Paycheck Protection Program (PPP) loans guaranteed by the [...]

Earlier today, in federal court in Central Islip, Jeffrey Chartier, a former registered broker who participated in a criminal conspiracy to promote and manipulate the price of shares in publicly [...]

Jacksonville, Florida U.S. District Judge Marcia Morales Howard has sentenced former State Attorney Jeffrey Alan Siegmeister (54, Live Oak) to 40 months in federal prison for conspiracy to use a [...]

Earlier today, in federal court in Brooklyn, Daniel Rendon Herrera, also known as Don Mario, a citizen of Colombia, was sentenced by United States District Judge Dora L. Irizarry to [...]

Daniel Rendon Herrera, a.k.a. Don Mario, Ordered to Pay $45.7 Million in Forfeiture BROOKLYN, NY Earlier today, in federal court in Brooklyn, Daniel Rendon Herrera, also known as Don Mario, [...]

The Ontario Court of Appeal, in Hudson's Bay Company ULC Compagnie de la Baie D'Hudson SRI v. Oxford Properties Retail Holdings II Inc.1 recently added to the growing list of [...]

Indictments Allege that Defendants Collectively Received More Than $800,000 in Fraudulently-Obtained COVID-19 Relief Funding, Seek Forfeiture of West Richland Residence Purchased with Fraudulently-Obtained Funds Richland, Washington Today, Vanessa R. Waldref, [...]

Earlier today, at the federal courthouse in Central Islip, Edward E. Bohm, formerly the President of Sales and part-owner of mortgage lender Vanguard Funding, LLC (Vanguard), based in Garden City, [...]

BOSTON A former Massachusetts attorney and his wife have been sentenced in federal court in Boston in connection with various mortgage fraud schemes. Barry Wayne Plunkett Jr., 62, and Nancy [...]