money laundering

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former Illinois state Sen. Sam McCann

Illinois

More revelations on McCann alleged campaign funds spending in Federal court filings

SPRINGFIELD -- The federal trial for a former State Senator and one-time gubernatorial candidate indicted for wire fraud, money laundering, and tax evasion is set to begin later this month. New court motions filed on Friday reveal some new information in the case against former 50th District State Senator William “Sam” McCann. According to our media partners at WLDS, McCann served the district from 2011 to 2019. In 2018, McCann created a third party to run for governor against former Republican […]

todayNovember 12, 2023 113

Business & Lifestyle

Software mogul John McAfee charged with cryptocurrency fraud

NEW YORK (UPI) -- Federal prosecutors have charged antivirus software mogul John McAfee and an adviser with conspiracy to commit fraud, among other crimes, in a scheme involving cryptocurrency investments, authorities said Friday. The founder of the McAfee antivirus software company and associate Jimmy Gale Watson have been charged with conspiracy to commit securities fraud, wire fraud conspiracy, and money laundering conspiracy. Officials said the charges relate to two plots to fraudulently promote cryptocurrencies qualifying under federal law as commodities […]

todayMarch 5, 2021 10

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