Blog - Page 15 of 37

15 Oct

Minneapolis Father, Son Admit $9.2M Tax Fraud Scheme

MINNEAPOLIS, MN – October 15, 2026 (STL.News) A Minneapolis-area father and son have pleaded guilty to participating in a federal tax fraud conspiracy involving at least 300 fraudulent income tax returns and more than $9.2 million in claimed refunds, according to the U.S. Department of Justice. The guilty pleas mark another significant development in the federal government’s expanding efforts to combat fraudulent tax refund schemes, including those involving tax credits originally established to provide financial relief during the COVID-19 pandemic. Federal prosecutors identified the defendants as LaMar Javis Burgess, 44, and his son, LaMar Dazjar Burgess, 24, both from

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15 Oct

New Jersey Brothers Admit $2.6M Tax Refund Fraud

NEWARK, NJ – October 15, 2026 (STL.News) Two New Jersey brothers have pleaded guilty to stealing more than $2.6 million in federal tax refunds through fraudulent filings with the Internal Revenue Service, according to the U.S. Department of Justice. Ronald Chrichlow, of Somerset, New Jersey, and Gordon Chrichlow, formerly of Carteret, New Jersey, admitted to separate thefts of government funds involving fraudulent tax returns submitted on behalf of trusts they controlled. Federal prosecutors said the brothers obtained a combined $2,621,298 in fraudulent refunds, and Gordon Chrichlow used part of his proceeds to buy a Porsche Taycan and a house.

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14 Oct

DOJ’s Fraud Division, IRS, and IRS-CI Expose More than $490M in Tax Fraud in National Tax Enforcement Surge

WASHINGTON, DC – October 14, 2026 (STL.News) DOJ – The Justice Department’s National Fraud Enforcement Division (Fraud Division), along with the Internal Revenue Service Criminal Investigation Division, today announced a nationwide series of enforcement actions targeting tax fraud. Between early September and today, the National Fraud Enforcement Division’s Tax Section and U.S. Attorneys’ Offices across the country participated in the Department’s first-ever National Tax Enforcement Surge. The surge of nationwide resources resulted in prosecutorial actions against 76 defendants whose alleged and proven crimes intended an estimated loss of revenue to the federal government of more than $490,000,000. “Every

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14 Oct

DOJ Announces $490 Million Nationwide Tax Fraud Crackdown

WASHINGTON, DC – October 14, 2026 (STL.News) DOJ – The U.S. Department of Justice announced a sweeping nationwide crackdown on tax fraud Wednesday, revealing federal enforcement actions involving 76 defendants and more than $490 million in estimated intended losses to the federal government. The announcement marks the completion of the Justice Department’s first National Tax Enforcement Surge, a coordinated effort involving the department’s newly established National Fraud Enforcement Division, the Internal Revenue Service’s Criminal Investigation division and 35 U.S. attorneys’ offices across the country. Federal officials described the initiative as part of a broader effort to combat financial

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14 Oct

How Technology Is Changing the Way People Make Everyday Financial Decisions

October 14, 2026 (STL.News) To manage their finances better, people rely on technology for tasks such as managing accounts, tracking transactions, and investing money. While technology is changing how we manage our finances, consumers still need to understand the financial services they use and make the most of them. Access to financial information has become more flexible. It is no longer confined to one source; users can access it through banking apps, online calculators, financial services providers’ websites, alerts, and even online planners. As a result, people can make more informed financial decisions. Financial Guidance Is Becoming More Accessible

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14 Oct

Coastal Financial (CCB) Faces Investor Lawsuit

EVERETT, WA – October 14, 2026 (STL.News) Coastal Financial Corporation (NASDAQ: CCB) faces a federal securities class action lawsuit filed by Grant & Eisenhofer P.A. on behalf of Allegheny County Employees’ Retirement System after substantial credit-related losses triggered a dramatic decline in the company’s stock price. The lawsuit, filed October 2, 2026, in the U.S. District Court for the Western District of Washington, names Coastal Financial and three current or former senior executives as defendants. It alleges that investors received materially misleading information about the credit quality, financial protections, and risk management practices associated with the company’s CCBX banking-as-a-service

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14 Oct

FBI Raids North Korean Laptop Farms Across Texas

DALLAS, TX – October 14, 2026 (STL.News) Federal authorities have dismantled a major network of suspected North Korean laptop farms operating across Texas, seizing approximately 187 computers and remote-access devices in an operation targeting an elaborate scheme to infiltrate American companies, steal identities, and generate revenue for North Korea‘s sanctioned weapons programs. The FBI and U.S. Department of Justice announced the results of Operation Lonestar Roundup on Tuesday, October 13, revealing that federal agents searched more than 40 Texas residences during a coordinated enforcement operation conducted September 21–25. Approximately 100 electronic devices were seized in North Texas, including

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14 Oct

CVS to Pay $315 Million in Major Opioid Settlement

Federal prosecutors alleged that CVS ignored dangerous prescription patterns, understaffed pharmacies, and billed government healthcare programs for invalid controlled-substance prescriptions. PROVIDENCE, RI – October 14, 2026 (STL.News) CVS Pharmacy Inc. and related corporate entities have agreed to pay $315 million to resolve sweeping federal allegations that the nationwide pharmacy chain unlawfully dispensed opioids and other controlled substances while seeking reimbursement from taxpayer-funded healthcare programs. The settlement, announced October 13 by the U.S. Department of Justice, concludes a major civil enforcement action over alleged violations of the Controlled Substances Act and the False Claims Act from October 17, 2013, through

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14 Oct

Carthage Traffic Stop Leads to Federal Gun Guilty Plea

SPRINGFIELD, MO – October 14, 2026 (STL.News) A routine traffic stop in Carthage, Missouri, ultimately led to a federal firearms prosecution that has resulted in a guilty plea by a 36-year-old man with previous felony convictions. Skylar Wyrick, of Carthage, pleaded guilty Tuesday, October 13, 2026, to one count of being a felon in possession of a firearm, according to the U.S. Attorney’s Office for the Western District of Missouri. Wyrick entered his plea before U.S. Chief Magistrate Judge Willie J. Epps Jr. in federal court. The conviction stems from an October 2025 traffic stop during which police discovered

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13 Oct

St. Louis Leaders Announce Civil Service Reform

ST. LOUIS, MO – October 13, 2026 (STL.News) St. Louis Mayor Cara Spencer and other city leaders announced legislation Tuesday intended to modernize the city’s civil service system, opening a new discussion about how municipal employees are hired, compensated, managed and protected under a government framework rooted in the city’s 1914 charter. The announcement, reported by KSDK-TV, concerns one of the most consequential administrative systems in St. Louis government. Civil service rules affect thousands of public employees and shape how the city recruits qualified workers, fills vacancies, sets compensation policies, and makes personnel decisions. The legislation comes as

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