Tag: Fraud

A Los Angeles man has pleaded guilty to fraudulently obtaining $9 million in loans from COVID-relief programs, some of which he transferred to his stock trading accounts and used for gambling trips to Las Vegas, federal prosecutors said.

FRESNO, Calif. (AP) — A California prisoner is one of two people accused of stealing more than $100,000 in unemployment benefits in the latest allegation related to what authorities say is a multibillion-dollar fraud aided by lax safeguards at a state agency.

On Tuesday, December 22, 2020, deputies assigned to the Soboba Community Team and the San Jacinto Special Enforcement Team served a fraud related search warrant in 28000 block of Murrieta Road, Menifee. During the service of the search warrant, stolen identification cards, stolen credit cards, stolen checks, stolen mail as well as counterfeit U.S currency was located and seized.

On October 15, 2020, Jazmin Ugalde, 31-years-old of Riverside, was arrested at the Riverside Superior Court after her appearance for an unrelated identity theft and fraud case. She was ultimately booked into the Robert Presley Detention Center for several new violations of identity theft with prior convictions and unemployment insurance fraud.

On October 6, 2020, about 10:00 a.m., investigators and deputies assigned to the Southwest Station served a search warrant at a residence on the 600 block of Acacia St. in Lake Elsinore in relation to a check fraud and embezzlement investigation. Several evidence items were seized at the location. Nicole Begley was arrested at the residence for grand theft and embezzlement.