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Fraud Articles

Class Action Contends Author's Story Untrue

May 31, 2011. By Brenda Craig.

Great Falls, MT: Millions of people around the world were inspired and swept up by the story of American Greg Mortenson and his selfless efforts to build schools for children in remote regions of Afghanistan and Pakistan. But, a class-action suit for fraud filed in Montana, where Mortenson lives, alleges the adventures documented in Mortenson's best-selling book Three Cups of Tea and Stones Into Schools were "fabrications."

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Match.com Is a Fraud Says Class-Action Suit

February 9, 2011. By Brenda Craig.

New York, NY: Match.com and other dating websites have been sued for consumer fraud before, but this time it is different, according to attorney Jeffrey Norton. His firm has done an intensive and unprecedented investigation of Match.com and has spoken to dozens of former employees, sub contractors and other witnesses, including Match.com subscribers.

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Romanian Housekeeper Sued for Estate Fraud in Texas

February 7, 2011. By Brenda Craig.

Houston, TX: Attorney Donald Worley calls it the worst case of estate fraud he has ever encountered, and warns people to be careful about who you name as the executor of your estate.

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Chicago Firm Takes Care of Business

February 4, 2011. By Brenda Craig.

Chicago, IL: It wasn't the biggest lawsuit ever to come through the doors of Edelson McGuire, a well-known Chicago firm of about 20 lawyers, but it was important. "We try to handle important consumer issues, and when this came to us, we thought it was a worthy cause," says Collin Bond, associate attorney with the firm.

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Chase Wrongly Overcharged and Foreclosed on Military Mortgages

January 19, 2011. By Lucy Campbell.

New York, NY: JP Morgan Chase has admitted in a report aired by NBC News, that they have "overcharged several thousand military families for their mortgages, including families of troops fighting in Afghanistan." Furthermore, the bank actually foreclosed, improperly, on the homes of several military families.

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Madoff Investor Returns $7.2 Billion to Ponzi Victims

December 17, 2010. By Lucy Campbell.

New York, NY: The estate of Jeffrey M. Picower, a philanthropist and investor from Palm Beach, has reached a settlement with the Trustee charged with recovering assets from the Madoff bankruptcy, Irving H. Picard, and the United States attorney for the Southern District, Preet Bharara that will see a total of $7.2 billion cash made available to compensate the victims of Bernard Madoff's global ponzi scheme. The announcement comes on the heels of the suicide of 46-year old son Mark Madoff, who hung himself in his New York loft this week.

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Debts Wiped Out for 140,000 Payday Loan Customers

September 27, 2010. By Brenda Craig.

Washington, DC: It took six years, 17,000 billable hours, three law firms and three public justice organizations, but in the end they managed to wrestle a payday loan company in North Carolina into a settling with thousands of unhappy customers. "We have had great reaction from clients," says Paul Bland, with the Public Justice organization in Washington, DC. "The settlement was a compromise. But we faced enormous legal challenges and we made the decision that this was a good settlement compared to the risks going forward."

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Fortune Hi-Tech Marketing Hit with National Class Action

September 18, 2010. By Brenda Craig.

Louisville, KY: A giant pyramid scheme that has been masquerading as a marketing company appears to be starting to crumble. The only "fortune" the company created went mostly to the company's father figure, Paul Orbison, and a short list of his confederates.

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Wells Fargo's "Neat Tricks" Took Millions from Customers

August 14, 2010. By Brenda Craig.

San Francisco, CA: American consumers have won a halleluiah verdict in a bank overdraft charge class action suit against Wells Fargo. A California judge has ordered the megabank to pay class members a total of $203 million in restitution and the phone at the law offices of Lieff, Cabraser, Heimann & Bernstein has not stopped ringing since.

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Payday Loan Company Sued for 782 Percent Interest Rates

August 12, 2010. By Gordon Gibb.

Little Rock, AR: Two online loan companies and their owners will have their day in court after the Attorney General of Arkansas accused the enterprises of providing illegal payday loans with interest rates far above what is allowable under state law.

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