Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation
Nishad Singh avoided prison time due to cooperation with prosecutors amid the FTX scandal.
FTX founder Sam Bankman-Fried asks for retrial
Bankman-Fried's lawyers argue he was unfairly judged, claiming a rush to judgment led to his conviction before due process.
They contend new evidence suggests that FTX had sufficient assets at the time of bankruptcy.
Prosecutor who helped put FTX fraudster Bankman-Fried in jail named interim Manhattan US Attorney
Danielle Sassoon appointed acting Manhattan US Attorney, overseeing high-profile probes including corruption cases against Mayor Eric Adams.
Former FTX executive Caroline Ellison gets 2 years in prison over fraud
Caroline Ellison, former FTX executive, sentenced to two years for her role in massive fraud, citing cooperation with prosecutions as substantial yet insufficient to avoid prison.
Column: Hollywood loves a scammer. But is there an appetite for a movie about a convicted cryptocurrency fraudster?
Hollywood's adaptation of Bankman-Fried's story may lack new insights despite the drama involved.
Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud
Caroline Ellison received a 24-month prison sentence for her role in the FTX fraud, despite being a key witness against Sam Bankman-Fried.
Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation
Nishad Singh avoided prison time due to cooperation with prosecutors amid the FTX scandal.
FTX founder Sam Bankman-Fried asks for retrial
Bankman-Fried's lawyers argue he was unfairly judged, claiming a rush to judgment led to his conviction before due process.
They contend new evidence suggests that FTX had sufficient assets at the time of bankruptcy.
Prosecutor who helped put FTX fraudster Bankman-Fried in jail named interim Manhattan US Attorney
Danielle Sassoon appointed acting Manhattan US Attorney, overseeing high-profile probes including corruption cases against Mayor Eric Adams.
Former FTX executive Caroline Ellison gets 2 years in prison over fraud
Caroline Ellison, former FTX executive, sentenced to two years for her role in massive fraud, citing cooperation with prosecutions as substantial yet insufficient to avoid prison.
Column: Hollywood loves a scammer. But is there an appetite for a movie about a convicted cryptocurrency fraudster?
Hollywood's adaptation of Bankman-Fried's story may lack new insights despite the drama involved.
Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud
Caroline Ellison received a 24-month prison sentence for her role in the FTX fraud, despite being a key witness against Sam Bankman-Fried.
4.3 million Americans exposed in massive health account data breach
Customers' personal information compromised in HealthEquity cyberattack.
New Android Malware NGate Steals NFC Data to Clone Contactless Payment Cards
New Android malware NGate can relay contactless payment data to attackers, enabling fraudulent transactions from stolen cards.
Android malware steals payment card data using previously unseen technique
New Android malware NGate steals payment card data using NFC technology, enabling attackers to clone cards for ATM withdrawals.
Chicago man arrested in massive $400 million 'SIM swap' scheme allegedly targeting company's cryptocurrency accounts
A Chicago man has been arrested for participating in a SIM swap scheme that allegedly stole $400 million in virtual currency from a company.
SIM swapping is a growing security threat that can target finances and manipulate social media accounts to spread misinformation.
How gen AI is making real estate cybercrime easier than ever
Generative AI significantly enhances the capabilities of cybercriminals, making sophisticated financial crimes easier to execute.
Stolen credit cards up for grabs on Meta's Threads
Brazen crooks are exploiting Meta's Threads to sell pilfered financial information, including full credit card details and personal data, with minimal moderation.
4.3 million Americans exposed in massive health account data breach
Customers' personal information compromised in HealthEquity cyberattack.
New Android Malware NGate Steals NFC Data to Clone Contactless Payment Cards
New Android malware NGate can relay contactless payment data to attackers, enabling fraudulent transactions from stolen cards.
Android malware steals payment card data using previously unseen technique
New Android malware NGate steals payment card data using NFC technology, enabling attackers to clone cards for ATM withdrawals.
Chicago man arrested in massive $400 million 'SIM swap' scheme allegedly targeting company's cryptocurrency accounts
A Chicago man has been arrested for participating in a SIM swap scheme that allegedly stole $400 million in virtual currency from a company.
SIM swapping is a growing security threat that can target finances and manipulate social media accounts to spread misinformation.
How gen AI is making real estate cybercrime easier than ever
Generative AI significantly enhances the capabilities of cybercriminals, making sophisticated financial crimes easier to execute.
Stolen credit cards up for grabs on Meta's Threads
Brazen crooks are exploiting Meta's Threads to sell pilfered financial information, including full credit card details and personal data, with minimal moderation.
FTX's lawsuit against Binance highlights allegations of fraudulent transactions involving $1.8 billion, seeking damages for creditors.
Crypto fugitive Do Kwon extradited to US over $40bn crash
Do Kwon's extradition marks a pivotal point in legal accountability for cryptocurrency fraud.
Ex-FTX executive sentenced to over 7 years in prison
Another former FTX executive, Ryan Salame, sentenced to 90 months in prison for fraud and conspiracy.
Salame's involvement in serious crimes impacted the financial system, trust in elections, and was part of one of the largest financial frauds in US history.
How 'pig butchering' romance scams siphon millions from Californians every year
Romance scams, especially 'pig butchering,' exploit emotional connections before leading victims to significant financial losses.
Fla. pol targeted in elaborate AI 'car crash' scam - which almost fooled his dad into forking over $35K
AI voice-cloning scams can convincingly impersonate loved ones, leading to significant financial risk and emotional trauma.
The use of cryptocurrency in scams can be a red flag for potential victims.
Impersonators Take Advantage as the Trumps Dawdle Over Crypto Reveal
The Trump family's cryptic social media posts about World Liberty Financial have left room for impersonators to exploit the situation with fraudulent crypto promotions.
FTX sues Binance and its former CEO for $1.8bn
FTX's lawsuit against Binance highlights allegations of fraudulent transactions involving $1.8 billion, seeking damages for creditors.
Crypto fugitive Do Kwon extradited to US over $40bn crash
Do Kwon's extradition marks a pivotal point in legal accountability for cryptocurrency fraud.
Ex-FTX executive sentenced to over 7 years in prison
Another former FTX executive, Ryan Salame, sentenced to 90 months in prison for fraud and conspiracy.
Salame's involvement in serious crimes impacted the financial system, trust in elections, and was part of one of the largest financial frauds in US history.
How 'pig butchering' romance scams siphon millions from Californians every year
Romance scams, especially 'pig butchering,' exploit emotional connections before leading victims to significant financial losses.
Fla. pol targeted in elaborate AI 'car crash' scam - which almost fooled his dad into forking over $35K
AI voice-cloning scams can convincingly impersonate loved ones, leading to significant financial risk and emotional trauma.
The use of cryptocurrency in scams can be a red flag for potential victims.
Impersonators Take Advantage as the Trumps Dawdle Over Crypto Reveal
The Trump family's cryptic social media posts about World Liberty Financial have left room for impersonators to exploit the situation with fraudulent crypto promotions.
Carlos Watson gets nearly 10 years in prison in case about failed startup Ozy Media
Carlos Watson was sentenced to nearly 10 years in prison for financial conspiracy tied to Ozy Media's fraudulent practices.
Ozy Media co-founder gets nearly 10 years in prison in financial conspiracy case
Carlos Watson was sentenced to nearly 10 years in prison for financial conspiracy related to Ozy Media, revealing extreme fraud in startup culture.
Carlos Watson Played The Wrong Game And Lost | Defector
Carlos Watson was sentenced to nearly 10 years for financial fraud, claiming racial bias influenced his trial outcomes and reflecting on Silicon Valley's culture of exaggeration.
Carlos Watson gets nearly 10 years in prison in case about failed startup Ozy Media
Carlos Watson was sentenced to nearly 10 years in prison for financial conspiracy tied to Ozy Media's fraudulent practices.
Ozy Media co-founder gets nearly 10 years in prison in financial conspiracy case
Carlos Watson was sentenced to nearly 10 years in prison for financial conspiracy related to Ozy Media, revealing extreme fraud in startup culture.
Carlos Watson Played The Wrong Game And Lost | Defector
Carlos Watson was sentenced to nearly 10 years for financial fraud, claiming racial bias influenced his trial outcomes and reflecting on Silicon Valley's culture of exaggeration.
Holocaust survivor gets $2.5M judgment after suing son for fraud: court docs
A Holocaust survivor won a $2.5 million judgment against her son for fraudulent asset management and theft of her wealth.
OceanGate Faces Federal Investigation a Year After the Titan Submersible Implosion
The US Attorney's Office is investigating OceanGate following the Titanic submersible implosion incident, signaling potential legal issues for the company.
Treasury Department Leverages AI to Save Billions in Taxpayer Money
The U.S. Treasury Department has saved over $4 billion in taxpayer dollars by utilizing AI in fraud detection.
NYC Citibank personal banker gets sweetheart plea deal after stealing $150K from elderly man battling dementia, using money on motorcycle
A Citibank banker was sentenced to six months in jail for stealing $166,000 from an elderly dementia patient, reflecting serious financial fraud concerns.
Assistant pleads guilty to embezzling more than $50K from criminal court judge
A former judicial assistant embezzled over $60,000 from a judge, resulting in a plea of guilty and a restitution agreement.
NYC Citibank personal banker gets sweetheart plea deal after stealing $150K from elderly man battling dementia, using money on motorcycle
A Citibank banker was sentenced to six months in jail for stealing $166,000 from an elderly dementia patient, reflecting serious financial fraud concerns.
Assistant pleads guilty to embezzling more than $50K from criminal court judge
A former judicial assistant embezzled over $60,000 from a judge, resulting in a plea of guilty and a restitution agreement.
How pig butchering' romance scams siphon millions from Californians every year
Romance scams, particularly 'pig butchering,' manipulate targets emotionally over time, leading to significant financial losses.
The FBI created its own crypto token to catch alleged fraudsters
The DOJ's indictment marks a historic step in pursuing crypto market manipulation cases, leveraging innovative FBI tactics to combat fraud.
Victims of a $7 Billion Fraud May Soon Be Paid. For Some, It's Too Late.
Victims of financial fraud often face difficult choices between immediate cash settlements and potential future recoveries, with decisions that may haunt them later.
A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities say
A former Foot Locker executive faces insider trading charges for profiting from advance knowledge of poor earnings announcements.
Caroline Ellison gets 2 years for covering up Sam Bankman-Fried's FTX fraud
Caroline Ellison received a 24-month sentence for her role in FTX fraud, showing remorse while acknowledging her complicity in significant financial crimes.
Former Baltimore Prosecutor to Be Sentenced in Perjury Case
Marilyn Mosby, former Baltimore prosecutor, faces sentencing for perjury related to financial fraud, potentially impacting her public service legacy.
Caroline Ellison gets 2 years for covering up Sam Bankman-Fried's FTX fraud
Caroline Ellison received a 24-month sentence for her role in FTX fraud, showing remorse while acknowledging her complicity in significant financial crimes.
Former Baltimore Prosecutor to Be Sentenced in Perjury Case
Marilyn Mosby, former Baltimore prosecutor, faces sentencing for perjury related to financial fraud, potentially impacting her public service legacy.
Report: Ohtani's Former Interpreter Ippei Mizuhara Negotiating Guilty Plea For Theft
Former interpreter Ippei Mizuhara accused by Shohei Ohtani of stealing from his bank account.
Federal prosecutors uncovering more extensive siphoning of money by Mizuhara than initially reported.
Trump's Ex-Finance Chief Is Sentenced to 5 Months in Rikers for Perjury
Weisselberg sentenced to jail for perjury related to Trump's legal issues.
Weisselberg refused to turn on Trump, leading to his incarceration.
Police unable to identify ashes recovered from funeral home under investigation
Detectives are unable to identify human ashes from the scandal-hit funeral home, sparking concerns about repatriation with families.
A significant number of calls on suspected financial and fraudulent activity at Legacy Independent Funeral Directors have been received, pushing a complex investigation forward.
Tom Hayes Really Wishes He Did His LIBOR-Rigging In New York
Tom Hayes and Carlo Palombo will not return to jail, but their reputations remain tarnished.
Manipulating interest rates is still considered illegal in the UK despite the appeal ruling.
I was in despair': how lending a phone led to life savings being stolen
Be cautious about keeping sensitive financial information on your phone, especially in easily accessible places like mobile cases.
In case of theft or fraud, act promptly to protect your accounts by contacting the bank immediately and avoiding storing PINs and passwords on your devices.
Google starts blocking users from sideloading certain apps in Singapore | TechCrunch
Google is launching a program in Singapore to prevent users from sideloading certain apps that abuse Android permissions for financial fraud.
The program aims to block sideloaded apps that intercept one-time passwords received through SMS and notifications.
Google has collaborated with the Cyber Security Agency of Singapore for this initiative.
Alameda mayor: Prevent, report financial fraud against seniors
Older adults are often targeted for financial fraud due to their trust, politeness, and financial resources.
Many seniors are reluctant to report fraud due to shame, lack of knowledge on who to contact, or fear of doubting their abilities.
Clinton Hill duo jailed for swindling $227k from 94-year-old neighbor * Brooklyn Paper
Two Brooklyn men sentenced to prison for robbing a 94-year-old woman of nearly $227,000.