A husband and wife facing prison time for their role in a massive COVID relief fund scheme have disappeared, abandoning their three teenage children and leaving the FBI searching in their wake. Richard Ayvazyan and his wife, Marietta Terabelian (both pictured, above), were sentenced this week to 17 and 6 years in prison, respectively, after […]
Tag: wire fraud
Holmes jury learns how Theranos duped a savvy health care investor
Enlarge / Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Nov. 2, 2021. (credit: David Paul Morris/Bloomberg) We’ve noticed a recurring theme in the criminal trial of Elizabeth Sherlock holmes: most of Theranos’ investors didn’t do their homework before writing a check. But yesterday, the particular […]
Feds indict John McAfee for cryptocurrency pump-and-dump fraud
Enlarge / John McAfee on his yacht off the coast of Cuba in 2019. (credit: Adalberto ROQUE / AFP / Getty) Federal prosecutors have indicted noted cybersecurity eccentric John McAfee for securities and wire fraud for misleading investors at the peak of the last cryptocurrency boom. In late 2017 and early 2018, McAfee urged his […]