SEC Announces Whistleblower Award of More Than $1.7 Million
The Securities and Exchange Commission today announced on July 27th a whistleblower award of more than $1.7 million to a company insider who provided the agency with critical information to help stop a fraud that would have otherwise been difficult to detect. Millions of dollars were returned to harmed investors as a result of the […]
Strip Club Owner “Bares All†in U.S. District Court
Frederick John Rizzolo, of Las Vegas, NV, pled guilty in U.S. District Court in Nevada to the charge of evading employment tax. Rizzolo was the former owner of a strip club named, “The Crazy Horse Too†and admitted in court that he evaded paying more than $1.7 million in employment taxes from 2000-2002. Floormen, bouncers, […]
If You’re Already in Prison… Why Not?
While serving time in a Tennessee penitentiary, inmate Larry Steven Covington, Jr. pled guilty to charges of conspiring to defraud the United States. A second inmate, James Glenn Collins pleaded guilty to a similar scam in 2014, and it is said that he taught Covington how to work the scheme. Records show that Collins obtained […]