Articles Tagged with money laundering

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A man who claimed he was making a Netflix movie in Hollywood has been accused of bilking $14 million out of the people he allegedly convinced to foot the bill for the false film.

Manhattan Beach, California, resident Adam Joiner ran a company called Dark Planet Pictures, LLC.

A few years ago, Joiner reportedly decided he wanted to work on a movie project for a 19th Century period piece casting famous Hollywood actors in the roles and gave it the preliminary title of “Legends.”

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A Santa Rosa woman and her son were arrested on Friday for allegations that they were running a prostitution ring involving up to 150 women over a 10-year period of time. They are also suspected of using properties as brothels to employ women as sex workers.

59-year-old Fay Ruth Romesburg is an author of female-empowering erotic literature under the pseudonym F.R.R. Mallory, and she identifies herself as a feminist. She is the mother of 38-year-old David Scott Romesburg III with whom she shares a home and declared as dependent on the earnings from her writing career.

At the end of last year, Rohnert Park Police was notified by an apartment manager reporting suspicious activity leading them to believe that one of the units was being used as a brothel. One of the neighbors added to the complaint and stated that men visited the apartment regularly. The Santa Rosa Police Department had also been notified with similar information regarding a private home in their district.

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An executive for the cosmetics company Urban Decay has been accused of stealing more than $1 million through bank transfer transactions between the business and fraudulent accounts he created. He is facing felony charges for the allegations.

Irvine resident Ranjeet Reddy Paladugo holds a position as the vice president of finance at the Newport Beach based company Urban Decay. He is suspected of utilizing several banks in order to create fake accounts, which were similarly named after business affiliates of the company, in order to embezzle funds that he transferred from Urban Decay. On July 17 he allegedly stole over $1 million from Urban Decay.

Paladugo purportedly commissioned a transaction in the amount of $598,500 which he transferred through one of the phony accounts. He then transferred that money into his personal bank account. This procedure was repeated again in the same amount, and routed through a second bogus business account. Paladugo is said to have used the stolen money for personal use, including the down payment on a house.