BOSTON, MA - A Sudbury man pled guilty today in federal court to wire fraud and securities fraud charges.

United States Attorney Michael J. Sullivan and Warren T. Bamford, Special Agent in Charge of the Federal Bureau of Investivation, Boston Division, announced today that STEPHEN L. HOCHBERG, age 60, of Camperdown Lane in Sudbury, MA, pled guilty before U.S. District Judge Nathaniel M. Gorton to a seventeen count information charging wire fraud and securities fraud.

[ READ THE REST OF THE STORY... ]

CAMDEN – The president and CEO of All Freight Logistics, Inc., pleaded guilty today to mail fraud and money laundering charges in connection with his Ponzi scheme to defraud investors of millions of dollars through the offering of exorbitant rates of return, U.S. Attorney Christopher J. Christie announced.

Glyn Richards, 44, of Haddon Heights, made his first appearance in federal court and pleaded guilty before U.S. District Judge Renée Marie Bumb to a two-count Information, charging mail fraud and money laundering. As part of his plea, Richards has agreed to pay restitution, the amount of which will be determined by the court at sentencing. Judge Bumb released the defendant on a $350,000 secured bond pending sentencing, which is scheduled for Oct. 14. Richards was first arrested on July 25, 2007, by investigators with the Camden County Prosecutor’s Office on state charges. The case was adopted for further investigation and prosecution by the U.S. Attorney’s Office.

[ READ THE REST OF THE STORY... ]

SANTA ANA , Calif. – Dr. Henry Samueli, the co-founder and former chief technical officer of Broadcom, Inc., pleaded guilty today to making a false statement in testimony before the Securities and Exchange Commission relating to that agency’s investigation into options backdating at the Irvine-based technology company.

Samueli, 53, of Carona Del Mar, appeared this afternoon before United States District Judge Cormac J. Carney and pleaded guilty to a felony count pursuant to a plea agreement with the government.


[ READ THE REST OF THE STORY... ]

A man who fled the United States after his investment company collapsed and the Securities and Exchange Commission began investigating his activities has been extradited from Spain to the United States, where he faces federal fraud charges.
After arriving in Los Angeles late yesterday, Hartmut Haussecker, 52, made his first court appearance this afternoon in United States District Court. A United States Magistrate Judge ordered him held until a bond hearing on June 24. The government has filed a motion seeking to have Haussecker held without bond.

[ READ THE REST OF THE STORY... ]

WILMINGTON – United States Attorney George E.G. Holding announced that on Tuesday, June 10, 2008, Senior United States District Court James C. Fox sentenced MICHAEL WAGUESPACK, 39, of Hope Mills, North Carolina, to 5 months’ imprisonment and an additional 5 months’ home confinement for his participation in a money laundering scheme involving the proceeds of an illegal video poker machine business WAGUESPACK operated in the Fayetteville area. WAGUESPACK was also fined $4,000 in addition to civil settlements of $1,027,200.30 with the United States and $230,000 with Cumberland County, both of which arose from WAGUESPACK’S illegal gambling operations.

[ READ THE REST OF THE STORY... ]