Financial Management Consultant Indicted in Alleged Ponzi Scheme
Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Wednesday, April 26, 2017
Governor Carney, DSB Announce Fall 2024 EDGE Grant Competition Awards
Date Posted: November 20, 2024
City Of Wilmington Celebrates Ten Years Of Downtown Development Districts
Date Posted: November 20, 2024
Division of Revenue Releases Guidance on New Short-term Rental Lodging Tax
Date Posted: November 20, 2024
DOJ secures life plus decades more in prison for domestic violence repeat offender
Date Posted: November 19, 2024
Federal Court Orders Harris Jewelry to Restore its Website and Portal for Servicemembers to Request Refunds
Date Posted: November 19, 2024
Agriculture, Food and Natural Science Students Take Home Awards from 97th National FFA Convention & Expo
Date Posted: November 19, 2024
Delaware Forest Service To Host Upcoming Wildfire Training
Date Posted: November 18, 2024
Delaware’s Sports Tourism Industry Contributed Significant Economic Impact in 2023, According to Recent Study
Date Posted: November 15, 2024
Delaware Celebrates Improvements To The Housing Assistance Application Process
Date Posted: November 15, 2024
Delaware Natural Resources Police Collecting Toys for Tots Donations for Kids
Date Posted: November 15, 2024
Delaware State Housing Authority Recognizes Mortgage Lending Community And Veterans At 2024 Annual Lender Meeting
Date Posted: November 14, 2024
Delaware Officials Unveil Harm Reduction Vending Machines
Date Posted: November 14, 2024
2025 District/Charter Educational Support Professionals of the Year Honored
Date Posted: November 14, 2024
Historical Marker Dedicated – Mount Olive Holiness Pentecostal Church in Smyrna
Date Posted: November 13, 2024
DelDOT Receives Top Bond Rating and Announces Bond Sale
Date Posted: November 12, 2024
Delaware’s Education Savings Plan Earns Silver Rating
Date Posted: November 7, 2024
Delaware Schools Receive National, State Honors
Date Posted: November 6, 2024
DNREC to Host Nov. 14 Webinar about Storm Water Management and Living Shorelines
Date Posted: November 6, 2024
Governor Carney Releases Government Efficiency and Accountability Review (GEAR) Board Report
Date Posted: November 4, 2024
DOJ secures conviction in the killing of Cynthia Amalfitano
Date Posted: November 4, 2024
AG Jennings and bipartisan coalition of 30 states announce finalization of settlement with Kroger over opioid crisis
Date Posted: November 4, 2024
Carney Administration Outlines Investments in Electric Vehicle Infrastructure
Date Posted: November 1, 2024
Open Enrollment on Delaware’s Health Insurance Marketplace Starts Nov. 1
Date Posted: November 1, 2024
AG Jennings Announces Cooperation Agreements and Settlements with Heritage and Apotex totaling $49.1 Million
Date Posted: November 1, 2024
DNREC Reopens Castle Trail Along C&D Canal Following Repairs to Storm-Damaged Section
Date Posted: October 31, 2024
Delaware Partners with American Cancer Society for 2nd Annual Lung Cancer Screening Campaign
Date Posted: October 31, 2024
OMC Provides Update on License Lottery and Selected Applicants for Delaware’s Marijuana Industry
Date Posted: October 31, 2024
Funding Awarded for Tree-Planting Projects
Date Posted: October 31, 2024
With Annual Fall Trout Stocking in White Clay Creek, DNREC Delivers Angling Opportunities
Date Posted: October 30, 2024
Carney, Carper, Coons, Blunt Rochester Announce Over $127 Million in Federal Funding to Decarbonize Port Wilmington
Date Posted: October 30, 2024
Governor Carney Launches Statewide Student Mentoring Program
Date Posted: October 29, 2024
DPH Oral Health Screening Programs Support Students’ Healthy Smiles and Expand Access to Dental Care
Date Posted: October 29, 2024
Opioid Fund Co-Chairs Release Roadmap to Recalibrate Use of Settlement Funds
Date Posted: October 28, 2024
New HSCA Rate Goes into Effect in January
Date Posted: October 28, 2024
AG Jennings resuspends financial advisor for illegally accessing former clients’ account information
Date Posted: October 28, 2024
DOJ secures more than two decades of prison time in cold case murder
Date Posted: October 28, 2024
Housing Assistance Applicants Should Update Information On Public Housing Waitlists By Nov. 22
Date Posted: October 28, 2024
Delaware Forest Service Opens Grants for Local Communities
Date Posted: October 28, 2024
Office of the Marijuana Commissioner (OMC) Conducts Lottery for Delaware’s Regulated Marijuana Industry
Date Posted: October 25, 2024
Governor Carney, with Guidance from Water Supply Coordinating Council, Declares Statewide Drought Watch
Date Posted: October 25, 2024
Tag-A-Palooza 2024
Date Posted: October 24, 2024
Office of the Marijuana Commissioner: Licensing Lottery
Date Posted: October 23, 2024
AG Jennings issues open letter to Delaware landlords urging Delaware Landlord/Tenant Code Compliance
Date Posted: October 22, 2024
New Housing Vouchers for Delaware Families
Date Posted: October 21, 2024
Piping Plover Population in Delaware Experiences Slight Decline, Offset by Higher Nesting Success
Date Posted: October 21, 2024
National Slow Down Move Over Day Observed as Delaware Sees Near Record Crashes
Date Posted: October 18, 2024
Delaware Officials Unveil New Sign to Celebrate Delaware’s Agricultural Lands Preservation Program
Date Posted: October 17, 2024
DOJ secures prison time for former trooper
Date Posted: October 16, 2024
Colonial Teacher Named Delaware 2025 Teacher of the Year
Date Posted: October 15, 2024
Governor Carney Orders Lowering of Flags
Date Posted: October 15, 2024
Delaware Faces Dry Conditions: Open Burning Ban Issued, Water Conservation Urged
Date Posted: October 15, 2024
Burning Ban
Date Posted: October 15, 2024
DelDOT Announces 4th Annual Name That Plow Contest
Date Posted: October 15, 2024
Potassium Iodide Distribution on October 24 in Townsend
Date Posted: October 15, 2024
DPH Releases Latest Cancer Incidence and Mortality Trends in Delaware
Date Posted: October 14, 2024
Navarro Announces Eighth Consecutive Workers’ Comp Rate Decrease
Date Posted: October 14, 2024
Governor Carney Statement on Honorable James T. Vaughn, Jr.’s Passing
Date Posted: October 11, 2024
Delaware Celebrates $14.3 Million Climate Grant for I-95 Charging Infrastructure
Date Posted: October 10, 2024
AG Jennings Announces $52 Million Multistate Settlement with Marriott for Data Breach
Date Posted: October 10, 2024
First Spouse Tracey Quillen Carney, Delaware DOE, Delaware Readiness Teams Kick off Kindergarten Registration
Date Posted: October 9, 2024
Delaware Board of Pardons Reforms Support Second Chances
Date Posted: October 9, 2024
Look Out for Deer Crossing Roads During Mating Season, Delaware Authorities Caution Drivers
Date Posted: October 9, 2024
Governor Carney to Activate Delaware National Guard to Assist with Florida’s Hurricane Response
Date Posted: October 8, 2024
Food Bank, Lt. Gov. Hall-Long Coordinate Infant Formula, Supplies for Hurricane Helene Relief
Date Posted: October 8, 2024
Highmark Exam Results In Mental Health Parity Penalties
Date Posted: October 8, 2024
Governor Carney Statement on Former Mayor Ted Becker’s Passing
Date Posted: October 7, 2024
Fire Prevention Month 2024
Date Posted: October 6, 2024
2024 General Election Voter Registration Deadline is Saturday, October 12, 2024 at 11:59 p.m.
Date Posted: October 4, 2024
OMC Receives More than 1,000 Applications for Licenses and Prepares for the Lottery Process
Date Posted: October 3, 2024
Blackbird Creek Fall Festival Set For October 19
Date Posted: October 3, 2024
Medicare Assistance Bureau: Important Reminders Ahead of Open Enrollment
Date Posted: October 3, 2024
National Endowment for the Arts Announces $12 Million in Grants to Expand Access to Arts in Communities Nationwide
Date Posted: October 2, 2024
Delaware EARNS Registration Deadline Approaching
Date Posted: October 2, 2024
The Mezzanine Gallery to Exhibit Brandan Henry’s “Ebon Solus”
Date Posted: October 2, 2024
Delaware’s AP Success: Advancing Equity and Excellence
Date Posted: October 2, 2024
GACEC Partnering with Delaware YMCA to Host Resource Fair
Date Posted: October 1, 2024
McMaster Technique Offers Delaware Livestock Producers and Veterinarians More Options in Herd Health
Date Posted: October 1, 2024
DSHA Launches Landlord Incentive Program to Expand Housing Opportunities for Voucher Holders
Date Posted: October 1, 2024
Governor Carney Signs State Retiree Health Care Benefits Legislation
Date Posted: September 30, 2024
Delaware sends swift water team to North Carolina
Date Posted: September 30, 2024
Community Engagement Sessions for Delaware Climate Action Plan Update Planned
Date Posted: September 30, 2024
Delaware Division of the Arts and DETV Launch “Arts Alive Delaware” TV Series
Date Posted: September 26, 2024
Delaware Office of Highway Safety Announces New Campaign to Increase Safety on Delaware Roadways
Date Posted: September 26, 2024
15 DNREC Programs to Participate in UD’s Annual Coast Day
Date Posted: September 26, 2024
Bridge Damage to Require Extended Lane Closure on Route 896 South
Date Posted: September 25, 2024
DNREC Study Finds PFAS in Surface Water Samples
Date Posted: September 24, 2024
Two Delaware Schools Named 2024 National Blue Ribbon Schools
Date Posted: September 23, 2024
Five Schools Earn State School Counseling Award
Date Posted: September 23, 2024
Governor Carney Vetoes House Bill 140
Date Posted: September 20, 2024
First Spouse Tracey Quillen Carney Recognizes September as Literacy Month, Continues Reading Tour
Date Posted: September 19, 2024
Event at the Delaware Public Archives: Tales from the Vaults
Date Posted: September 19, 2024
Emergency Sirens Test on October 1
Date Posted: September 19, 2024
Delaware Brings Private Paid Family Medical Leave Policies to Market
Date Posted: September 19, 2024
DNREC Accepting Community Water Quality Improvement Project Grant Proposals
Date Posted: September 18, 2024
DNREC to Hold Community Information Session Sept. 24 on Indian River Inlet North Side Beach and Dune Repair
Date Posted: September 18, 2024
State Auditor’s Office Issues First Audit of Dual Employment of Government Officials Since 2017
Date Posted: September 17, 2024
Overdose Review Commission releases 2023 annual report
Date Posted: September 17, 2024
OWAA Releases Comprehensive Report on the Status of Women in Delaware
Date Posted: September 17, 2024
Poetry Out Loud to Celebrate 20th Anniversary During 2024-2025 School Year
Date Posted: September 16, 2024
Health Insurance Marketplace Data Released; Rates Finalized
Date Posted: September 16, 2024
Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Wednesday, April 26, 2017
The Delaware Department of Justice Investor Protection Unit has obtained an indictment against Matthew A. Krimm, 35, of Abington, MD. The 25-count indictment includes charges of Racketeering and Securities Fraud. A Sussex County Grand Jury indicted Krimm, formerly of Rehoboth Beach, following a year-long investigation.
The indictment charges Krimm with soliciting and selling investments in his company that purportedly owned and operated a mortgage origination business. The indictment alleges that Krimm’s companies did not in fact engage in any mortgage origination business. Instead, it is alleged that Krimm was running a Ponzi scheme, whereby he repaid his early investors with funds from later investors.
In addition to Racketeering, the indictment charges Krimm with eight counts of Felony Theft, eight counts of Securities Fraud, and eight counts of Selling Unregistered Securities. Delaware law prohibits misrepresentations in the sale of securities and requires that securities for sale in Delaware be registered with the State. Additionally, the federal Securities and Exchange Commission filed suit against Krimm, alleging civil violations of the federal anti-fraud and securities registration laws.
DOJ, through its Investor Protection Unit, enforces the Delaware Securities Act, which regulates the sale of investment products and the activities of investment professionals in Delaware. The unit investigates and prosecutes securities fraud and other violations of the securities act. Delaware investors are encouraged to report suspected incidents of investment crime and fraud by calling the Attorney General’s Investor Hotline at (302) 577-8424.
Deputy Attorney General William Green and Special Investigator Lester Johnson are handling this case for the Investor Protection Unit.
An indictment is merely an allegation and is not evidence of guilt. In all cases, defendants are presumed innocent until and unless proven guilty.
Related Topics: Attorney General Matt Denn, Delaware Department of Justice, Investor Protection Unit
Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.
Here you can subscribe to future news updates.
Department of Justice | Department of Justice Press Releases | Fraud | Date Posted: Wednesday, April 26, 2017
The Delaware Department of Justice Investor Protection Unit has obtained an indictment against Matthew A. Krimm, 35, of Abington, MD. The 25-count indictment includes charges of Racketeering and Securities Fraud. A Sussex County Grand Jury indicted Krimm, formerly of Rehoboth Beach, following a year-long investigation.
The indictment charges Krimm with soliciting and selling investments in his company that purportedly owned and operated a mortgage origination business. The indictment alleges that Krimm’s companies did not in fact engage in any mortgage origination business. Instead, it is alleged that Krimm was running a Ponzi scheme, whereby he repaid his early investors with funds from later investors.
In addition to Racketeering, the indictment charges Krimm with eight counts of Felony Theft, eight counts of Securities Fraud, and eight counts of Selling Unregistered Securities. Delaware law prohibits misrepresentations in the sale of securities and requires that securities for sale in Delaware be registered with the State. Additionally, the federal Securities and Exchange Commission filed suit against Krimm, alleging civil violations of the federal anti-fraud and securities registration laws.
DOJ, through its Investor Protection Unit, enforces the Delaware Securities Act, which regulates the sale of investment products and the activities of investment professionals in Delaware. The unit investigates and prosecutes securities fraud and other violations of the securities act. Delaware investors are encouraged to report suspected incidents of investment crime and fraud by calling the Attorney General’s Investor Hotline at (302) 577-8424.
Deputy Attorney General William Green and Special Investigator Lester Johnson are handling this case for the Investor Protection Unit.
An indictment is merely an allegation and is not evidence of guilt. In all cases, defendants are presumed innocent until and unless proven guilty.
Related Topics: Attorney General Matt Denn, Delaware Department of Justice, Investor Protection Unit
Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.
Here you can subscribe to future news updates.
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