On July 10, a Newport News, Virginia, federal grand jury indicted Jeffrey Charles for conspiring with his daughter and son-in-law to defraud the United States, the Justice Department and the IRS announced.
Ellen Meredith Stubenhaus, previously of Lake Worth, Florida, and later an expatriate living in Costa Rica, was sentenced to sixty months in prison. She previously had plead guilty to conspiracy to defraud the United States.
"Doomsday prophet" Ronald Weinland was found guilty of federal tax evasion on June 13. It appears the jury didn't buy in to Weinland's excuse: he didn't pay his taxes because he believed the world was coming to an end.
Apparently, singer Lauryn Hill has changed her tune about her tax troubles. June 29, the Grammy award winner pleaded guilty to failure to pay federal income tax on more than $1.8 million earned by four corporations she owns.
Organizations and their managers need to take cybercrime seriously. According to PricewaterhouseCoopers' economic crime report, "Cybercrime: Protecting Against the Growing Threat," businesses face serious threats from cybercriminals, from both within and outside their organizations. The PwC report warns that cybercrime one of today's top four economic crimes.