Latest news with #bankfraud
CTV News
9 hours ago
- Business
- CTV News
$15,000 stolen in St. Thomas bank fraud
The St. Thomas Police Service is investigating a bank fraud that saw the victims lose $15,000. On Thursday, two people from St. Thomas were contacted by a man, who said he was a Scotiabank employee. The STPS said the man convinced the victims that he needed their bank cards, sending a courier to pick them up. Later in the evening, a man picked up the cards, which were then allegedly used to make $15,000 in transactions. Police continue to investigate. Anyone with information on the incident or who need to report a fraud is asked to contact the STPS or Crime Stoppers.
Fox News
2 days ago
- Entertainment
- Fox News
Todd Chrisley jokes about prison as he reunites with daughter Savannah
Hours after Todd Chrisley was released from federal prison, his daughter Savannah Chrisley shared a sneak peek of her dad's physique as the reunited pair traveled back home to Tennessee. On Wednesday, Savannah - accompanied by her best friend and hair stylist Tyler Bishop - took to Instagram to document the road trip. In one clip, the 27-year-old seemed to be experiencing car sickness, but her dad kept the mood light by dropping a joke. "I didn't have to deal with this in prison," he said, as Savannah laughed. In another clip, Savannah asked her dad, "What are you trying to get me to do?" "Feel that muscle," Todd replied, while holding out his arm. "Todd is jacked," Bishop could be heard saying in the background. "Just wait," Savannah replied. While Savannah opted out of showing her dad's face, it was the first time fans had heard Todd's voice since before his prison stint. On Wednesday evening, Todd first walked out of a federal prison in Pensacola, Florida, after serving two and a half years in prison on bank fraud and tax evasion charges, according to lawyer Alex Little's office. The release came shortly after President Donald Trump signed pardons for both Todd and his wife Julie, who was also convicted of the same charges in 2022. "Todd has been released from prison and is on his way home to Nashville," Little's office told Fox News Digital. Little's office confirmed to Fox News Digital that Julie was released from the Federal Medical Center in Lexington, Kentucky, on Wednesday night, shortly after Todd was released. "Julie has also been released from prison and is now on her way home to Nashville as well," Little's office told Fox News Digital. Savannah got emotional outside the federal prison in Pensacola awaiting her father's release earlier in the day. When speaking to reporters, Savannah said, "Honestly, this process has been absolutely insane, and I am so grateful that I'm going to leave here with my dad." Savannah claimed that prosecutors had her father's head "on a dart board" before his prison sentence. She read Trump's pardon to the reporters, which stated an immediate release, and she said she hopes "the prison is going to do that shortly." Savannah said Trump's pardon for her parents "literally came out of nowhere." "I was in such shock and awe that the president himself took the time to tell me my family is coming back together," she said. During her interview, Savannah got emotional while explaining her constant fight to get her parents released from prison wasn't just for them. "I'm literally fighting for every man that has been left behind here," she said, referring to the prisoners in the federal prison in Pensacola. On Tuesday, after Trump announced his plan to pardon the couple, Todd and Julie's children were quick to share their excitement. WATCH: TRUMP PARDON CZAR EXPLAINS WHY THE PRESIDENT RELEASED TODD AND JULIE CHRISLEY FROM PRISON "I am grateful to God and extremely grateful to President Trump and his entire administration," the couple's son Chase said in a statement to the New York Post. "I'm beyond thankful to finally have my parents back home and my family together again!" "I'm ecstatic," Kyle, whose biological mom is Todd's ex-wife, Teresa Terry, told E! News. "Truly. I just found out a little bit ago, and I still just can't believe it. I know Savannah had been working at this for so long, and she never gave up. So I'm just grateful to her and to President Trump for making this happen for my dad and Julie." "I know they can't wait to get home and just be with family, and I'm going to remain hopeful that another reconciliation is possible," Kyle, who has been estranged from his father for years, added. In an exclusive interview with Fox News Digital on Wednesday, the couple's attorney explained how the "incredibly powerful" pardon will wipe the couple's case "entirely," as if it never happened. "A pardon like this generally ends the case entirely, and so we'll see the fine print of the pardon explicitly, but generally when you are pardoned, it is wiped away, and so it's wiped clean," Little, a partner at Litson PLLC, said. "It's as if the case hasn't happened, and fortunately Todd and Julie will be able to pick up their lives to the best that they're able and go on forward and focus on the future." "I think that the pardon process is something that hadn't been used by many presidents for many, many terms. This president clearly looks at it differently, looks at, is part of his role to oversee the criminal justice system. And look, however much you may want to criticize that, it's an incredibly powerful tool the president has, and I think it's really important the president began to use it. This was a very deserving case and I hope that he finds more." Fox News Digital's Janelle Ash and Larry Fink contributed to this post.
Bloomberg
2 days ago
- Business
- Bloomberg
India Bank Frauds Triple to $4.2 Billion as Credit Scams Swell
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Bank frauds in India jumped threefold last year, with loans contributing to bulk of the cases, while discrepancies in digital payments declined.
Washington Post
2 days ago
- Entertainment
- Washington Post
What to know about reality TV stars Julie and Todd Chrisley, who were pardoned by Trump
WASHINGTON — Reality TV stars Julie and Todd Chrisley, who were in prison after being convicted on federal charges of bank fraud and tax evasion, were pardoned by President Donald Trump and walked free Wednesday. The couple is best known for the long-running TV series 'Chrisley Knows Best,' which followed their family and luxurious lifestyle — which prosecutors said was boosted by bank fraud and hiding earnings from tax authorities.
Associated Press
2 days ago
- Entertainment
- Associated Press
What to know about reality TV stars Julie and Todd Chrisley, who were pardoned by Trump
WASHINGTON (AP) — Reality TV stars Julie and Todd Chrisley, who were in prison after being convicted on federal charges of bank fraud and tax evasion, were pardoned by President Donald Trump and walked free Wednesday. The couple is best known for the long-running TV series 'Chrisley Knows Best,' which followed their family and luxurious lifestyle — which prosecutors said was boosted by bank fraud and hiding earnings from tax authorities. The Chrisleys were convicted in 2022 of conspiring to defraud banks in the Atlanta area out of more than $30 million in loans by submitting false documents. The pardons signed Wednesday are the latest example of Trump, himself a former reality TV star, pardoning high-profile friends, supporters, donors and former staffers. Here are some things to know about the Chrisleys: How they rose to fame 'Chrisley Knows Best,' which ran from 2014 to 2023, chronicled the extravagant exploits of the boisterous, tightly knit family of the couple and their five children, from high-end cars to luxury vacations to stunning mansions. It was recorded in the Atlanta area at first and then in Nashville. In 2019 the show spawned the spinoff 'Growing Up Chrisley,' which featured the couple's children Chase and Savannah living in Los Angeles. The couple's 2022 trial started just after E! announced that it was moving forward with a new dating series, 'Love Limo,' hosted by Todd Chrisley. It also came soon after USA announced the renwal of 'Chrisley Knows Best' for a 10th season, while its spinoff was renewed by E! for a fourth season. Why they were imprisoned The Chrisleys were found guilty in 2022 in Atlanta on the fraud and tax charges. Until this Wednesday they still had years left on their sentences: Julie Chrisley was expected to be released in 2028, and Todd Chrisley in 2032. At trial prosecutors detailed a laundry list of offenses that started before they became famous. The Chrisleys and a former business partner submitted false documents to banks to obtain fraudulent loans and then used new loans to pay off the old ones, prosecutors said. The couple was accused of spending lavishly on cars, designer clothes, real estate and travel. Todd Chrisley filed for bankruptcy, walking away from more than $20 million in unpaid loans, according to prosecutors. Meanwhile Julie Chrisley created false financial documents to rent a home in Los Angeles, they said, but then the couple did not pay rent on it. Once they were starring in the reality show, they operated a company that collected their income from the series and other ventures and kept the corporate bank accounts in Julie Chrisley's name to avoid collection of half a million dollars in back taxes that Todd Chrisley owed, prosecutors said. When the IRS asked for information on the accounts, they transferred ownership to Todd Chrisley's mother to try to hide his income further, according to authorities. Prosecutors also accused the couple of not filing or paying taxes for several years The Chrisleys' lawyers argued that an IRS officer gave false testimony at trial and that prosecutors lacked evidence to support convictions. A panel of the 11th U.S. Circuit Court of Appeals upheld their convictions last year. Their daughter's work to free them Savannah Chrisley has been a staunch Trump supporter and endorsed his candidacy while also speaking about her parents in a speech at the Republican National Convention last summer. 'My family was persecuted by rogue prosecutors and Fulton County due to our public profile ... and conservative beliefs,' she said at the time. She has called the case against her parents politically motivated, though they were indicted in 2019 under a Trump-appointed U.S. attorney, Byung J. 'BJay' Pak. In a social media post Wednesday, she praised U.S. Pardon Attorney Ed Martin, the Justice Department lawyer assigned to advise Trump on pardons and commutations. 'Your leadership is already changing countless lives — including mine,' she said on the social platform X. 'Thank you for standing boldly for truth, for justice, and for reuniting families like mine.' What happens next? Todd Chrisley was released from a minimum security prison camp in Pensacola, Florida, in the evening, according to Shannen Sharpe, a spokesperson for his attorney, and Julie Chrisley left a facility in Lexington, Kentucky, Sharpe said. As Savannah Chrisley waited to meet her father at his prison, she said the family was planning to do a lot of catching up. 'We're going to celebrate anniversaries, birthdays, Christmases, all the things,' she said, 'because we're going to make up for the lost time.' Trump said the celebrity couple had been 'given a pretty harsh treatment based on what I'm hearing.' The Constitution grants broad pardon powers to presidents, and their clemency actions cannot be undone by courts or other officials.
