A Wentzville man has been indicted for his alleged scheme to defraud investors by making false promises of high rates of return and minimal risk.
Anthony Umbertino was accused of using a city credit card to pay for a Hawaiian vacation as part of an estimated $38,000 in unauthorized charges.
The man has bought thousands of dollars worth of electronic items using other peoples’ debit and credit card numbers.
Two former St. Louis life insurance salesmen have pleaded guilty to federal charges of defrauding numerous elderly victims out of an estimated $3 million.
To date, 43 have been indicted
Police say the community rallied around the woman, holding several fundraisers to support her and her family.
Jason Rauschelbach was sentenced to two years in federal prison after pleading guilty to conspiring to defraud the United States and several banks through his business, The Mortgage Store, Inc., in 2008.
William Boozer pled guilty to wire fraud in connection with a bribery/kickback scheme involving Boeing military aircraft parts during November 2009 through February 2013.
David Shen of St. Louis faces two felony counts of computer fraud and one felony count of wire fraud.
Tina Kuehl of Better Way Home Care faces up to 55 years behind bars and millions of dollars in fines when she’s sentenced in July.