Financial news
The newsroom
Headlines from the Federal Reserve, ECB, Bank of Japan, Bank of England, SEC EDGAR, the White House and the DOJ. Context notes are neutral and information-only, Kresmion publishes no buy or sell recommendations.
Public RSS feeds · refreshed every 30 minutes
444 items · enforcement · clear filters
- Adult Day Care Owner Pleads Guilty to $500,000 Medicare Fraud Scheme
A Michigan adult day-care owner pleaded guilty to a $500,000 Medicare fraud scheme involving billing for psychotherapy services that were not rendered to residents.
- Corrupt Guatemalan Mayor Pleads Guilty to Drug Trafficking Conspiracy Charge as Part of Homeland Security Task Force (HSTF) Initiative
Former Guatemalan mayor Romeo Ramos Cruz, 58, pleaded guilty to conspiracy to import over five kilograms of cocaine into the United States; he arrived Aug. 4, 2025 after extradition from Guatemala at U.S. request under a Homeland Security Task Force…
- Expatriated Hedge Fund Manager Sentenced to Prison for Tax Evasion
A former hedge fund manager, a Cayman Islands resident who renounced U.S. citizenship, was sentenced to 37 months in prison for tax evasion, according to the Department of Justice.
- Prominent Attorney Sentenced to Prison for Tax Evasion and Mortgage Fraud
Thomas C. Goldstein, a former appellate attorney and SCOTUSblog co-founder, was sentenced by a federal court to 72 months in prison for tax evasion and mortgage fraud, with his bond revoked and custody remanded.
- Three Individuals Sentenced to Prison for Fraudulently Billing Medicare and Medicaid Through Opioid Addiction Treatment Clinics in Kentucky
The Department of Justice announced that a Texas businessman, a Kentucky physician, and a Kentucky woman were sentenced to prison for allegedly submitting fraudulent Medicare and Kentucky Medicaid claims totaling over $4.8 million through opioid addiction treatment clinics.
- Domtar A.W. LLC Agrees to Settlement to Reduce Emissions in Arkansas
The DOJ, on behalf of the EPA, and Arkansas DEE ADEQ have lodged a proposed settlement with Domtar A.W. LLC over alleged Clean Air Act and state water and air pollution violations at its Ashdown kraft pulp and paper facility.
- 11 Charged in Homeland Security Task Force Investigation Relating to Aliens Found Dead in a Boxcar Earlier This Year
A federal grand jury in Del Rio, Texas, indicted 11 individuals for alleged participation in an attempted alien smuggling operation that resulted in several undocumented migrants being discovered dead inside a shipping container in May.
- National of Bosnia and Herzegovina Charged with Attempting to Fraudulently Obtain U.S. Citizenship by Failing to Disclose Role in Abuse of Prisoners
A federal grand jury in Idaho indicted Miran Kostic, a 66-year-old Bosnian national residing in Boise, on charges of fraudulently seeking U.S. citizenship by failing to disclose his involvement in prisoner abuse.
- Environmental Crimes Bulletin – June 2026
The U.S. Department of Justice’s June 2026 Environmental Crimes Bulletin reports investigations into worker-safety violations, chemical discharge offenses, dog-fighting activities, improper asbestos disposal, among other environmental and safety-related cases.
- Four Men Plead Guilty to $2M Minnesota Medicaid Fraud
Four Minnesota men pleaded guilty to defrauding the state's Housing Stabilization Services program of roughly $2.2 million, allegedly using artificial intelligence to generate false records in response to insurance company inquiries.
- ENRD to Serve as Head of U.S. Delegation at Forestry Ministerial at APEC Forum in China to Grow Support for Timber Trafficking Enforcement
The Justice Department announced that Principal Deputy Assistant Attorney General Adam Gustafson of the Energy and Natural Resources Division will lead the U.S. delegation at the APEC Forestry Ministerial in China, emphasizing investigation and prosecution of timber trafficking.
- California University Professor Sentenced to Over 18 Years in Prison for Attempted Child Exploitation Crimes
Federal prosecutors sentenced a California man to 222 months in prison, ten years supervised release and a $75,000 fine for attempted coercion and enticement of a minor and for distributing and receiving child sexual abuse material; restitution to be determined.
- Justice Department Resumes Targeted HSR Merger Review Process
The Justice Department’s Antitrust Division announced it has resumed targeted Second Request investigations to expedite merger review and released a model timing agreement related to the process.
- Dallas Laboratory, Owners, and Investors Pay $24M to Resolve COVID-19 Testing Fraud Allegations
Magnolia Diagnostics, its owners John and Kelly Bains, will pay $19.2 million to resolve False Claims Act allegations of billing Medicare for unnecessary respiratory pathogen panel tests on seniors receiving COVID-19 tests, while investors will pay $4.8 million for related…
- Justice Department Files Complaint Challenging Milwaukee Mask Ban and Identification Requirements for Federal Officers
The U.S. Department of Justice filed a lawsuit against the City of Milwaukee, its mayor, city attorney and police chief, contesting a city ordinance that prohibits masks and mandates individual identifiers for federal law-enforcement officers.
- California Man Indicted in Maine for Sex Trafficking and Related Offenses
A federal grand jury in the District of Maine indicted Shawn Bonneau, 40, of Fullerton, California, on six counts, including sex trafficking by force, fraud, or coercion and wire fraud.
- Oklahoma Businessman Waives $120M Bankruptcy Discharge After USTP Investigation Reveals Undisclosed Assets
An Oklahoma businessman voluntarily waived a bankruptcy discharge exceeding $120 million after the Department of Justice’s U.S. Trustee Program investigation uncovered undisclosed income and financial accounts in his case.
- The Department of Justice Sues Colorado for Providing In-State Tuition to Illegal Aliens
The U.S. Department of Justice filed a lawsuit against Colorado, challenging state statutes that grant in-state tuition rates and financial aid to undocumented immigrants, alleging they violate federal law and discriminate against U.S. citizens.
- Extradited Canadian American Woman Pleads Guilty for Role as Organizer of Deadly Alien Smuggling Conspiracy
A dual Canadian-American citizen, extradited from Canada, pleaded guilty to organizing a human-smuggling conspiracy that led to the deaths of a family, including two children under three, in the St. Lawrence River, according to the DOJ.
- Two Chinese Nationals Plead Guilty to Trafficking Turtles to Hong Kong
Two individuals, Kin Keung Ho and Lihua Owen Ma, both Chinese nationals residing in Staten Island, New York, pleaded guilty to charges of trafficking turtles to Asia, with Ho’s plea entered today and Ma’s on July 1.
- Additional West Virginia Correctional Officer Pleads Guilty to Conspiracy Against Inmates’ Rights
A former Southern Regional Jail corrections officer in Beaver, West Virginia, pleaded guilty to one count of violating 18 U.S.C. § 241 for participating in a conspiracy that used unreasonable force against inmates, including pretrial detainees.
- Acting Attorney General Blanche Issues Updated Guidance to Strengthen Federal Religious Liberty Protections
The U.S. Department of Justice announced that Acting Attorney General Blanche issued updated guidance strengthening federal religious liberty protections, revising the 2017 Religious Liberty Guidelines in light of Supreme Court decisions from the past nine years.
- Nevada Tax Preparers Indicted for Conspiracy to Defraud the United States and Preparing False Tax Returns for Clients
A federal grand jury indicted three Las Vegas tax preparers on charges of conspiracy to defraud the United States and willfully preparing false tax returns for clients, according to the Department of Justice.
- Justice Department Files Complaint Against Manufacturer and Retailer of Allegedly Imminently Hazardous Immersion Water Heaters
The Justice Department and Consumer Product Safety Commission filed a complaint against Cixi Miaojie Electrical Appliance Co. Ltd. and Changsha Jiayi Tianzhuo Trading Co. Ltd., seeking a recall of their immersion water heaters under the Consumer Product Safety Act.
- Former Gymnastics Coach and Social Media Content Creator Pleads Guilty to Sexual Exploitation of Children
Theresa Mitchell, 44, a former gymnastics coach and social media content creator from Navarre, Florida, pleaded guilty in federal court to conspiracy to produce and distribute child pornography, production, receipt, possession of child pornography, and conspiracy to commit money laundering.
- Medical Supply Company Owner Convicted of $30M Medicare Fraud Scheme
A federal jury in the Middle District of Florida convicted an Oklahoma owner and chiropractor of a scheme to defraud Medicare, TRICARE and CHAMPVA of over $30 million by obtaining patient data, signatures and orders for orthotic braces and glucose…
- Two Street Gang Members Found Guilty of Murdering Victim Outside His Home During Mexican Mafia-Ordered Armed Robbery
A federal jury convicted two Southern California street gang members, affiliated with a Mexican Mafia prison gang, of murdering a man outside his home while attempting an armed robbery, according to the Department of Justice.
- Barrio Azteca Member Pleads Guilty to Racketeering and Drug Conspiracy Charges Related to 2010 U.S. Consulate Murders in Juarez
A Barrio Azteca gang member pleaded guilty in El Paso court to racketeering and conspiracy charges, admitting he acted as a lookout in the 2010 murders of a U.S. consulate employee, her husband and another consulate employee’s husband in Juárez.
- Florida Pharmacist Convicted of Massive Oxycodone Distribution Conspiracy
A federal jury in the Southern District of Florida convicted a licensed pharmacist and pharmacy owner for allegedly dispensing more than 300,000 30 mg oxycodone pills to individuals without a medical need.
- Massachusetts Man Sentenced for Role in Cockfighting Operation
A Massachusetts man was sentenced in federal court in Rhode Island for transporting roosters from Massachusetts to Rhode Island for a 2022 cockfighting operation.