August 24, 2025

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Former CNBC analyst James Arthur McDonald Jr., who betrayed investors, sentenced in multimillion-dollar fraud scheme

  • August 4, 2025

A former television financial analyst accused of defrauding investors out of millions of dollars and spending years on the run was sentenced to five years in prison, the Justice Department said Monday.  James Arthur McDonald Jr., 53, is also expected to be ordered to pay restitution to his victims following his April 7 guilty plea for securities

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Loans

CT restaurateur sentenced for $750K+ in fraudulent PPP loans

  • July 11, 2025

A Connecticut restaurant and lounge owner who admitted to defrauding pandemic relief programs for over $750,000 has been sentenced to over a year in federal prison. Omar Rajeh, 57, of Hamden, was sentenced by U.S. District Judge Stefan R. Underhill in Bridgeport to 15 months in prison followed by two years of supervised release after

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