NY AG Letitia James finds herself accused of the very same real estate shenanigans she charged Trump withLetitia James, after prosecuting Trump, faces allegations of her own financial misconduct related to housing loans.
Caroline Ellison gets 2 years for covering up Sam Bankman-Fried's FTX fraudCaroline Ellison received a 24-month sentence for her role in FTX fraud, showing remorse while acknowledging her complicity in significant financial crimes.
NY AG Letitia James finds herself accused of the very same real estate shenanigans she charged Trump withLetitia James, after prosecuting Trump, faces allegations of her own financial misconduct related to housing loans.
Caroline Ellison gets 2 years for covering up Sam Bankman-Fried's FTX fraudCaroline Ellison received a 24-month sentence for her role in FTX fraud, showing remorse while acknowledging her complicity in significant financial crimes.
Owner and Manager of Grimaldi's Pizzeria Plead Guilty to Wage TheftRestaurant owner and manager pleaded guilty to stealing over $32,000 in wages from 18 employees, making restitution through a plea deal.
Ex-FTX executive sentenced to over 7 years in prisonAnother 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.
Financial advisor who lost 2m of investors funds in unauthorised stock market transactions jailedA financial advisor was jailed for six years after losing €2 million from property investors in unauthorized transactions.
Owner and Manager of Grimaldi's Pizzeria Plead Guilty to Wage TheftRestaurant owner and manager pleaded guilty to stealing over $32,000 in wages from 18 employees, making restitution through a plea deal.
Ex-FTX executive sentenced to over 7 years in prisonAnother 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.
Financial advisor who lost 2m of investors funds in unauthorised stock market transactions jailedA financial advisor was jailed for six years after losing €2 million from property investors in unauthorized transactions.
A shady, shuttered tech bootcamp may be sneaking back onlineThe dismantling of the CFPB allows misleading companies like Prehired to rebrand and mislead students again.
Investment firm London Capital & Finance was Ponzi scheme, court rulesLCF operated as a Ponzi scheme, misleading investors and causing significant financial losses, as ruled by a London judge.
A shady, shuttered tech bootcamp may be sneaking back onlineThe dismantling of the CFPB allows misleading companies like Prehired to rebrand and mislead students again.
Investment firm London Capital & Finance was Ponzi scheme, court rulesLCF operated as a Ponzi scheme, misleading investors and causing significant financial losses, as ruled by a London judge.
Nishad Singh, a Top FTX Executive, Is Given No Prison Time After CooperationNishad Singh avoided prison time due to cooperation with prosecutors amid the FTX scandal.
FTX founder Sam Bankman-Fried asks for retrialBankman-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 AttorneyDanielle Sassoon appointed acting Manhattan US Attorney, overseeing high-profile probes including corruption cases against Mayor Eric Adams.
Brooklyn crypto felon Bankman-Fried moved to Oklahoma after jail interviewSam Bankman-Fried, sentenced for financial fraud, has been transferred to a Federal Transfer Center after facing solitary confinement.
Former FTX executive Caroline Ellison gets 2 years in prison over fraudCaroline 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.
Nishad Singh, a Top FTX Executive, Is Given No Prison Time After CooperationNishad Singh avoided prison time due to cooperation with prosecutors amid the FTX scandal.
FTX founder Sam Bankman-Fried asks for retrialBankman-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 AttorneyDanielle Sassoon appointed acting Manhattan US Attorney, overseeing high-profile probes including corruption cases against Mayor Eric Adams.
Brooklyn crypto felon Bankman-Fried moved to Oklahoma after jail interviewSam Bankman-Fried, sentenced for financial fraud, has been transferred to a Federal Transfer Center after facing solitary confinement.
Former FTX executive Caroline Ellison gets 2 years in prison over fraudCaroline 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.
Claims Against BE Club Founders Concerning OneCoin Withdrawn | HackerNoonThe allegations against the Islam brothers regarding OneCoin have been fully withdrawn after they provided compelling counter-evidence.
4.3 million Americans exposed in massive health account data breachCustomers' personal information compromised in HealthEquity cyberattack.
Don't click on those road toll texts, FBI warnsScam toll collection texts are misleading Americans to share financial information, prompting FBI warnings and advice to delete such messages.
New Android Malware NGate Steals NFC Data to Clone Contactless Payment CardsNew Android malware NGate can relay contactless payment data to attackers, enabling fraudulent transactions from stolen cards.
NioCorp loses $500K in suspected BEC scamNioCorp Developments experienced a cyberattack on Valentine's Day, leading to a $500,000 misdirected payment due to a business email compromise scheme.
Android malware steals payment card data using previously unseen techniqueNew Android malware NGate steals payment card data using NFC technology, enabling attackers to clone cards for ATM withdrawals.
$20B loss estimated from potential March Madness hacksOrganizations could face over $18.3 billion in revenue losses during March Madness due to AI-related cyber threats and office betting distractions.
4.3 million Americans exposed in massive health account data breachCustomers' personal information compromised in HealthEquity cyberattack.
Don't click on those road toll texts, FBI warnsScam toll collection texts are misleading Americans to share financial information, prompting FBI warnings and advice to delete such messages.
New Android Malware NGate Steals NFC Data to Clone Contactless Payment CardsNew Android malware NGate can relay contactless payment data to attackers, enabling fraudulent transactions from stolen cards.
NioCorp loses $500K in suspected BEC scamNioCorp Developments experienced a cyberattack on Valentine's Day, leading to a $500,000 misdirected payment due to a business email compromise scheme.
Android malware steals payment card data using previously unseen techniqueNew Android malware NGate steals payment card data using NFC technology, enabling attackers to clone cards for ATM withdrawals.
$20B loss estimated from potential March Madness hacksOrganizations could face over $18.3 billion in revenue losses during March Madness due to AI-related cyber threats and office betting distractions.
Jury deadlocks over Marin bank's alleged complicity in $250 million scamA federal jury could not reach a verdict in the Umpqua Bank case regarding involvement in a $250 million financial fraud.
SF tech startup founder and wife arrested, accused of 'brazen' $60M fraudTech startup founders arrested for allegedly defrauding investors of $60 million through fake records and impersonation.
Jury deadlocks over Marin bank's alleged complicity in $250 million scamA federal jury could not reach a verdict in the Umpqua Bank case regarding involvement in a $250 million financial fraud.
SF tech startup founder and wife arrested, accused of 'brazen' $60M fraudTech startup founders arrested for allegedly defrauding investors of $60 million through fake records and impersonation.
Thousands of trafficked scammers await return to ThailandThailand is set to address a crisis of trafficking and financial scams emanating from Myanmar by repatriating thousands of victims.
Meta Finally Breaks Its Silence on Pig ButcheringOver 200,000 people have been trafficked for online scams since 2020, resulting in massive financial losses globally.
Nigeria's Black Axe, an organized crime group on the rise DW 09/01/2024International cooperation is crucial in combating sophisticated criminal networks like Black Axe, which engage in diverse illegal activities.
Thousands of trafficked scammers await return to ThailandThailand is set to address a crisis of trafficking and financial scams emanating from Myanmar by repatriating thousands of victims.
Meta Finally Breaks Its Silence on Pig ButcheringOver 200,000 people have been trafficked for online scams since 2020, resulting in massive financial losses globally.
Nigeria's Black Axe, an organized crime group on the rise DW 09/01/2024International cooperation is crucial in combating sophisticated criminal networks like Black Axe, which engage in diverse illegal activities.
3 arrested in North Bay after kidnapping patient from medical facility, police sayThree suspects kidnapped a patient from a medical facility in an attempt to gain control of their finances.
FTX sues Binance and its former CEO for $1.8bnFTX'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 crashDo Kwon's extradition marks a pivotal point in legal accountability for cryptocurrency fraud.
BREAKING: Tom Goldstein Arrested AGAIN. Feds Claim SCOTUSblog Founder Made Secret Crypto Transactions - Above the LawTom Goldstein was arrested for allegedly violating pretrial release by concealing millions in cryptocurrency transactions.
How 'pig butchering' romance scams siphon millions from Californians every yearRomance 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 $35KAI 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 RevealThe 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 $1.8bnFTX'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 crashDo Kwon's extradition marks a pivotal point in legal accountability for cryptocurrency fraud.
BREAKING: Tom Goldstein Arrested AGAIN. Feds Claim SCOTUSblog Founder Made Secret Crypto Transactions - Above the LawTom Goldstein was arrested for allegedly violating pretrial release by concealing millions in cryptocurrency transactions.
How 'pig butchering' romance scams siphon millions from Californians every yearRomance 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 $35KAI 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 RevealThe Trump family's cryptic social media posts about World Liberty Financial have left room for impersonators to exploit the situation with fraudulent crypto promotions.
Fraud and scam complaints hit highest ever level in UK | Computer WeeklyFinancial fraud complaints in the UK have reached a record high, with a notable rise in authorised push payment scams.
I was scammed out of $300K in a government impersonation scam and spent 3 months living in psychological warfareScammers can spend months manipulating victims psychologically, leading to significant financial loss.
The Top Scams Retirees Fall For Every TimeRetirees are frequent targets of scams, particularly financial scams such as the Grandparent Scam and online romance scams.
He spent thousands': how a bank team tries to rescue scam victimsFrauds exploiting romance scams are on the rise, leading to significant financial losses for individuals, particularly during and after the pandemic.
11 People Shared A Time When They Or A Loved One Got Scammed, And Some Would've Gotten Me TooScammers can manipulate individuals into believing they are in relationships, which can lead to significant financial loss and emotional distress.
Fraud and scam complaints hit highest ever level in UK | Computer WeeklyFinancial fraud complaints in the UK have reached a record high, with a notable rise in authorised push payment scams.
I was scammed out of $300K in a government impersonation scam and spent 3 months living in psychological warfareScammers can spend months manipulating victims psychologically, leading to significant financial loss.
The Top Scams Retirees Fall For Every TimeRetirees are frequent targets of scams, particularly financial scams such as the Grandparent Scam and online romance scams.
He spent thousands': how a bank team tries to rescue scam victimsFrauds exploiting romance scams are on the rise, leading to significant financial losses for individuals, particularly during and after the pandemic.
11 People Shared A Time When They Or A Loved One Got Scammed, And Some Would've Gotten Me TooScammers can manipulate individuals into believing they are in relationships, which can lead to significant financial loss and emotional distress.
Top 5 AI-Powered Social Engineering AttacksAI is enhancing social engineering tactics by targeting human vulnerabilities on a larger scale.
Large companies saw a rise in email-based cyberattacksEmail incidents in the U.S. rose by 25% in 2023, with larger companies being the most affected.
O2 was tricked into transferring my number to fraudsters. Could I have it back?O2 struggles with SIM-swap fraud, leaving customers vulnerable and without support during crises.
Bernie Madoff victims get final $131M payout from compensation fund, bringing total to a whopping $4.3B: fedsThe final payments to Bernie Madoff's victims total over $4.3 billion, recovering 93.71% of losses for over 40,000 impacted investors.
Bernie Madoff's Ponzi Scheme Victims Get Final Payments | EntrepreneurThe final payments to Bernie Madoff's Ponzi scheme victims are being distributed, totaling 94% of their losses.
Bernie Madoff victims get final $131M payout from compensation fund, bringing total to a whopping $4.3B: fedsThe final payments to Bernie Madoff's victims total over $4.3 billion, recovering 93.71% of losses for over 40,000 impacted investors.
Bernie Madoff's Ponzi Scheme Victims Get Final Payments | EntrepreneurThe final payments to Bernie Madoff's Ponzi scheme victims are being distributed, totaling 94% of their losses.
Carlos Watson gets nearly 10 years in prison in case about failed startup Ozy MediaCarlos 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 caseCarlos 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 | DefectorCarlos 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 MediaCarlos 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 caseCarlos 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 | DefectorCarlos 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.
Luxury Hampstead properties surrendered in 12m asset investigation settlementLuxury properties in Hampstead forfeited as proceeds of crime amid investigations into financial frauds and money laundering.
Chinese couple forfeit two luxury Hampstead homes suspected to be result of 'fraud'A couple forfeits luxury homes and assets linked to financial fraud for a £12 million settlement.
Luxury Hampstead properties surrendered in 12m asset investigation settlementLuxury properties in Hampstead forfeited as proceeds of crime amid investigations into financial frauds and money laundering.
Chinese couple forfeit two luxury Hampstead homes suspected to be result of 'fraud'A couple forfeits luxury homes and assets linked to financial fraud for a £12 million settlement.
Scammers impersonate Spain's Princess Leonor on TikTok to deceive victims worldwidePrincess Leonor's impersonation on TikTok has led to a widespread scam, targeting victims in Latin America with promises of financial aid.
A $1.6M Miami Ponzi scheme paid for private school, tennis lessons, nails, feds sayDusan Varga financed an extravagant lifestyle through a Ponzi scheme, attracting $1.6 million from investors before facing legal action.
A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities sayA former Foot Locker executive faces insider trading charges for profiting from advance knowledge of poor earnings announcements.
A $1.6M Miami Ponzi scheme paid for private school, tennis lessons, nails, feds sayDusan Varga financed an extravagant lifestyle through a Ponzi scheme, attracting $1.6 million from investors before facing legal action.
A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities sayA former Foot Locker executive faces insider trading charges for profiting from advance knowledge of poor earnings announcements.
Committing Fraud Is The Name Of The Game In SpreadCheat, A Love Letter To ExcelSpreadCheat offers a light-hearted take on financial manipulation through a retro-themed puzzle game.
Former billionaire investor Sung Kook Bill' Hwang sentenced to 18 yearsHwang sentenced to 18 years prison for Collapse of Archegos Capital, causing $10bn losses to Wall Street banks.
Archegos's Bill Hwang sentenced to 18 years in prison for massive US fraudBill Hwang was sentenced to 18 years for causing $10bn losses through fraud and market manipulation at Archegos Capital.
Former billionaire investor Sung Kook Bill' Hwang sentenced to 18 yearsHwang sentenced to 18 years prison for Collapse of Archegos Capital, causing $10bn losses to Wall Street banks.
Archegos's Bill Hwang sentenced to 18 years in prison for massive US fraudBill Hwang was sentenced to 18 years for causing $10bn losses through fraud and market manipulation at Archegos Capital.
Boston man sentenced to 5 months in prison for COVID relief fraudA Boston man was sentenced for fraudulently obtaining PPP funds, reflecting serious repercussions for pandemic-related financial crimes.
Holocaust survivor gets $2.5M judgment after suing son for fraud: court docsA 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 ImplosionThe 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 MoneyThe 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 motorcycleA 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 judgeA 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 motorcycleA 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 judgeA 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 yearRomance scams, particularly 'pig butchering,' manipulate targets emotionally over time, leading to significant financial losses.
The FBI created its own crypto token to catch alleged fraudstersThe 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.
Vietnam tycoon on death row faces new trial DW 09/19/2024Truong My Lan is on trial for new charges while already serving a death sentence for the largest financial fraud in Vietnam's history.
Vietnam tycoon Truong My Lan, sentenced to death, faces new fraud trialVietnam's anticorruption efforts culminated in major convictions, including that of tycoon Truong My Lan for a $12.5 billion fraud.
Vietnam tycoon on death row faces new trial DW 09/19/2024Truong My Lan is on trial for new charges while already serving a death sentence for the largest financial fraud in Vietnam's history.
Vietnam tycoon Truong My Lan, sentenced to death, faces new fraud trialVietnam's anticorruption efforts culminated in major convictions, including that of tycoon Truong My Lan for a $12.5 billion fraud.
Jessica Andrade Alleges Ex-Coach Stole Millions, Launches LawsuitJessica Andrade accuses her former coach of stealing $2 million from her bank account, leading to a lawsuit and an ongoing investigation.
Tuition-Related Scams Are Currently On The Rise - Here's How To Spot ThemBeware of scholarship scams that exploit financial anxieties related to college tuition costs.
An attorney who helped acquit missing tech tycoon Mike Lynch among those feared dead in superyacht disasterA yacht linked to Mike Lynch sank off Sicily, leaving attorney Christopher Morvillo and his wife missing, presumed dead.
Father and daughter duo charged in elderly fraud schemeManipulating elderly woman led to the theft of $280,000 by father-daughter duo in upstate New York.
Two Brooklyn Men Sentenced to Prison After Stealing from Clinton Hill SeniorTwo men from Brooklyn were convicted of stealing hundreds of thousands of dollars from an elderly woman by pretending to be helpful neighbors.
Father and daughter duo charged in elderly fraud schemeManipulating elderly woman led to the theft of $280,000 by father-daughter duo in upstate New York.
Two Brooklyn Men Sentenced to Prison After Stealing from Clinton Hill SeniorTwo men from Brooklyn were convicted of stealing hundreds of thousands of dollars from an elderly woman by pretending to be helpful neighbors.
Elderly Man Fears Losing His Home to Deed ScamElderly man deceived into signing deed over for repairs, leading to foreclosure.
How One Man Lost $740,000 to Scammers Targeting His Retirement SavingsSophisticated scams target retirees' savings with elaborate schemes, leaving victims with slim chances of recovery.
Former Baltimore Prosecutor to Be Sentenced in Perjury CaseMarilyn Mosby, former Baltimore prosecutor, faces sentencing for perjury related to financial fraud, potentially impacting her public service legacy.
People Are Sharing The Bombshells Their Spouses Dropped On Them After Marriage, And It's TerrifyingMarriages have faced extreme betrayals and shocking revelations, leading to swift actions such as restraining orders.
The Bitcoin Ponzi Scheme ParadoxCryptocurrencies are often likened to Ponzi schemes by mainstream media, leading to debate and scrutiny on their legitimacy.