You Are Browsing ‘Fraud’ Category

Last Updated - Friday, December 31, 2010> (Hospitality Business News) December 30, 2010 – – – According to reports a Nigerian court has ordered three persons remanded in custody for their alleged involvement in a failed deal to construct a 5-star hotel in Minna. The accused persons,...

Last Updated - Friday, December 24, 2010>NEW YORK — An 80-year-old Manhattan restaurant owner has pleaded guilty to filing false tax returns by hiding $4.9 million overseas. Ernest Vogliano entered the plea in federal court in Manhattan Wednesday. He agreed to pay a civil penalty of $940,000. Sentencing was set for March 24. Vogliano owns Il Vagabondo, a legendary...

Last Updated - Saturday, December 4, 2010>Shell Vacations, a company that operates a chain of resorts across the United States, Canada, and Mexico, is currently investigating a possible security breach that resulted in credit card details being compromised. An announcement posted on the Shell Vacations Hospitality and Shell Vacations Club websites, the company’s two...

Last Updated - Friday, December 3, 2010>(Hospitality Business News)  NEW YORK December 2 2010 – The President of RAI Hotel Acquisition, Inc., (“RAI, Inc.”), was arrested and charged with securities fraud, wire fraud, and mail fraud in connection with a $1.5 million scheme in which Robert McDonald falsely told an investor that the investor’s...

Last Updated - Tuesday, November 30, 2010>Federal authorities now say the recent Seattle cyber attack was a much bigger crime than first believed. A U.S. Secret Service agent says more than 1,000 credit and debit cards may have been compromised. The attack happened in late October, and the forensic trail leads overseas, officials say. Card data was stolen on Oct. 22...

Last Updated - Wednesday, November 24, 2010>A CROOKED book-keeper fleeced a family-run business of s52,500 to help fund a lavish lifestyle of holidays abroad, flash cars and even a personal chef.Lesley Rafferty, 44, whose home in an exclusive seaside street is worth around s500,000, stole so much from the business, it had to go to the bank for an overdraft. Read More: ...

Last Updated - Sunday, November 21, 2010> A PUB landlord and parliamentary candidate for the British National Party has been jailed for forging a signature to assist the sale of a Northumberland hotel.Peter Mailer, 54, had used his former manager’s signature to push through the £245,000 sale of the Hen and Chickens Hotel, in Berwick. Read More: ...

Last Updated - Friday, October 8, 2010>A father and son who developed hotels in New York and Florida have been convicted on federal tax charges in Fort Lauderdale. The U.S. Attorney’s Office reports that 77-year-old Mauricio Cohen Assor and 46-year-old Leon Cohen-Levy were found guilty Wednesday of conspiring to defraud the United States and filing false tax Read...

Last Updated - Sunday, October 3, 2010>PHILADELPHIA — An East Norriton man who admitted embezzling $6.3 million from his former employer over nearly a decade was sentenced to six years in federal prison Monday. In March, Michael G. Spada, 50, pleaded guilty to wire fraud, bank fraud, filing a false tax return and making a false statement to federal investigators. Spada...

Last Updated - Sunday, October 3, 2010>Chicago-area restaurant chain Boston Blackie’s is closing some of its locations almost a year after the company filed for Chapter 11 bankruptcy protection. An employee who answered the phone at the chain’s River East location said it was closing effective immediately. He declined to comment further. The Boston Blackie’s next...

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