Government corruption is public money or public power used for private gain: a contract steered to a friend in exchange for a payment, invoices for work that was never done, or an official paid to look the other way. Taxpayers cover the cost, and the public gets worse roads, schools and services.
Many cases start with an audit by an inspector general, a losing bidder who notices the same company always wins, or an insider who reports what they saw.
Federal cases are investigated by agency inspectors general and the FBI and prosecuted by the DOJ. State and local cases usually go to the state attorney general or the local prosecutor.
Cases Barry and Titus worked themselves, with where each one stands. See every Case File.
Federal prosecutors charged Paul Regan with taking more than $60 million from over 300 investors through Next Level Holdings and Yield Wealth Ltd. Investors lost more than $50 million.
Federal prosecutors charged Paul Regan with selling about 300 “protected” notes through Next Level Holdings, taking in more than $45 million and paying old investors with new investors’ money.
Federal authorities charged Marco Santarelli with orchestrating a $62.5 million Ponzi scheme through Norada Capital Management.
Every government Fraud File breaks down how the scheme worked, who caught it and what it cost. Read the government Fraud Files.
