Edgar Corona, 32, Springfield, Massachusetts, pleaded guilty before U.S. District Judge Michael A. Ponsor to wire fraud and money laundering. Judge Ponsor sentenced the defendant to time served and three years of supervised release and advised the defendant that it was likely that he would be deported.

At the plea hearing, the prosecutor told the court that had the case proceeded to trial, the government’s evidence would have

Hundreds of organizations have partnered with the Association of Certified Fraud Examiners (ACFE) to shine a spotlight on fraud during International Fraud Awareness Week, Nov. 7-13, 2010. The awareness campaign comes during a time when organizations around the world lose an estimated 5 percent of their annual revenues to fraud, according to ACFE research.

During Fraud Awareness Week, official supporters will engage in various activities in support of the anti-fraud movement. These

Consumers are being warned of prerecorded telemarketing calls offering credit repair or loan modification services. Some consumers report they are receiving multiple calls per day.

During the call, a recording tells the consumer they qualify for a loan modification or credit repair and the call may quote a loan account number to make the offer appear authentic. However, when the consumer pushes the telephone button to talk to a representative, the recording states that no one is able to