U.S. citizens and residents who have more than $10,000 in a bank account in a foreign country are required to file with the United States Treasury, Financial Crimes Enforcement Network.

FBI says the plot to divert millions in software license fees from an unidentified San Jose company went on for years before being detected.

Jonathan Vu Hoang, formerly of San Jose, admitted he created a bogus investment company and defrauded multiple investors by falsely promising them he would invest their money.

Prosecutors said the suspect misappropriated and diverted more than $7.3 million of investor funds for his own personal benefit, which included paying credit card debts; making cash withdrawals; paying for travel, luxury automobile and jewelry purchases; and paying utilities bills.

Former HeadSpin CEO Manish Lachwani admitted he presented false revenue information to investors, from whom the company raised more than $100 million.

Prosecutors said the two men decided they would rather destroy their political opponents’ building than acknowledge they lost an election and rely on the political process.

Mounir Gad of Los Gatos sent a federal judge fake reference letters in hopes of getting a lenient sentence in a securities fraud case.

In the 24 months since Jan. 6, 2021, more than 950 individuals have been arrested in nearly all 50 states for crimes related to the breach of the U.S. Capitol, including over 284 individuals charged with assaulting or impeding law enforcement.

Data breaches involved millions of Uber user records and tens of thousands of driver licenses, federal prosecutors said.

Peter Kim, of Ben Lomond, stole trade secrets before he left the San Jose tech company, then used them while working at Chinese startup.

Mark Schena, 59, of Los Altos, president of Arrayit Corporation, was convicted in federal court in San Jose of conspiracy to commit health care fraud, wire fraud, health care fraud and securities fraud, plus conspiracy to pay kickbackd and payment of kickbacks.

A federal jury convicted 65-year-old Johnny Ray Wolfenbarger last August of attempted production of child pornography, the attempted coercion and enticement of a minor to engage in child pornography production, and the receipt of child pornography.

The suspect, still in Romania, is charged for his alleged role as a 'money mule' in a scheme that defrauded 117 buyers and netted nearly $2 million.

Jose Portillo and Yesenia Ramirez were charged with kidnapping in Santa Clara County Superior Court today and are being held without bail. A third suspect arrested on April 26, Baldomeo Sandoval, was released from custody and will not be charged, police said.

At a press conference late this morning, San Jose police said the three suspects in custody have some connection to the family of kidnapped 3-month-old Brandon Cuellar, taken from his home Monday afternoon.

In a stunning announcement this week, Attorney General Merrick Garland revealed that the U.S. Attorney’s Office in San Francisco is leading the prosecution of a Russia-based mastermind accused of running Hydra, the world’s largest and longest-running illegal 'darknet' crptocurrency market, which federal agencies say they have put out of business.