#financial-fraud

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fromBusiness Insider
1 day ago

A pharma heir gave her former lawyer $10 million. Now her lawyers say she was 'tricked.'

One of Engelhorn's lawyers, Tony Williams, says the heir was "tricked" into signing the gift paperwork when Bolog gave it to her one morning while she was vacationing on Cape Cod in Massachusetts.
Silicon Valley real estate
#journalism
UK news
fromwww.independent.co.uk
1 week ago

Helpless': Woman sees credit score plummet after falling victim to Monzo scam

Sophisticated impersonation scams can lead to severe financial damage for unsuspecting victims.
UK politics
fromwww.independent.co.uk
5 days ago

Fraud and system errors lead to staggering' number of benefit overpayments

The Independent emphasizes the importance of quality journalism amid rising overpayments and fraud in financial assistance programs.
UK news
fromwww.independent.co.uk
1 week ago

Helpless': Woman sees credit score plummet after falling victim to Monzo scam

Sophisticated impersonation scams can lead to severe financial damage for unsuspecting victims.
UK politics
fromwww.independent.co.uk
5 days ago

Fraud and system errors lead to staggering' number of benefit overpayments

The Independent emphasizes the importance of quality journalism amid rising overpayments and fraud in financial assistance programs.
more#journalism
#scams
Artificial intelligence
fromWIRED
1 week ago

Google Is Using On-Device AI to Spot Scam Texts and Investment Fraud

Online scams are at an all-time high, costing Americans $16.6 billion in losses last year.
Google is enhancing its Scam Detection feature in Google Messages to combat increasing scams.
Artificial intelligence
fromWIRED
1 week ago

Google Is Using On-Device AI to Spot Scam Texts and Investment Fraud

Online scams are at an all-time high, costing Americans $16.6 billion in losses last year.
Google is enhancing its Scam Detection feature in Google Messages to combat increasing scams.
more#scams
#consumer-protection
Online marketing
fromBusiness Insider
2 weeks ago

The FTC says company that pitched financial freedom scammed people out of $1 billion

IYOVIA is accused of operating a massive multi-level marketing scam that led to substantial financial losses for consumers.
Online marketing
fromBusiness Insider
2 weeks ago

The FTC says company that pitched financial freedom scammed people out of $1 billion

IYOVIA is accused of operating a massive multi-level marketing scam that led to substantial financial losses for consumers.
more#consumer-protection
#investment-theft
fromIndependent
1 month ago
Intellectual property law

Financial advisor who lost 2m of investors funds in unauthorised stock market transactions jailed

fromIndependent
1 month ago
Intellectual property law

Financial advisor who lost 2m of investors funds in unauthorised stock market transactions jailed

more#investment-theft
UK news
fromwww.theguardian.com
4 weeks ago

You don't expect your own children to do this': Ray's shocking tale of elder abuse and the son who stole $230,000

Elder financial abuse is increasingly common, often perpetrated by family members using manipulation and deception.
from24/7 Wall St.
1 month ago

My Sister-in-Law Ran Up $12K on Our Credit Card - How Can We Recover the Money?

The husband’s sister was added as an authorized credit card user to help, but instead racked up $12,000 in charges without informing them.
Women
NYC politics
fromNew York Post
1 month ago

NY AG Letitia James finds herself accused of the very same real estate shenanigans she charged Trump with

Letitia James, after prosecuting Trump, faces allegations of her own financial misconduct related to housing loans.
#ftx
New York City
fromFortune
8 months ago

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.
Brooklyn
fromBrooklyn Eagle
1 month ago

Brooklyn crypto felon Bankman-Fried moved to Oklahoma after jail interview

Sam Bankman-Fried, sentenced for financial fraud, has been transferred to a Federal Transfer Center after facing solitary confinement.
fromCoindesk
7 months ago
New York City

Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud

fromFortune Crypto
7 months ago
US Elections

A tearful Caroline Ellison is sentenced to two years in prison for her part in the FTX collapse: 'I'm sorry I wasn't brave'

New York City
fromFortune
8 months ago

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.
Brooklyn
fromBrooklyn Eagle
1 month ago

Brooklyn crypto felon Bankman-Fried moved to Oklahoma after jail interview

Sam Bankman-Fried, sentenced for financial fraud, has been transferred to a Federal Transfer Center after facing solitary confinement.
fromCoindesk
7 months ago
New York City

Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud

fromFortune Crypto
7 months ago
US Elections

A tearful Caroline Ellison is sentenced to two years in prison for her part in the FTX collapse: 'I'm sorry I wasn't brave'

more#ftx
fromHackernoon
2 months ago

Claims Against BE Club Founders Concerning OneCoin Withdrawn | HackerNoon

"For years, misinformation surrounding OneCoin has affected my reputation, including allegations of dishonesty, fraud, and fleeing the UK. This resolution shows we have been telling the truth."
UK news
#cybersecurity
Privacy professionals
fromBoston.com
2 months ago

Don't click on those road toll texts, FBI warns

Scam toll collection texts are misleading Americans to share financial information, prompting FBI warnings and advice to delete such messages.
Tech industry
fromTheregister
2 months ago

NioCorp loses $500K in suspected BEC scam

NioCorp Developments experienced a cyberattack on Valentine's Day, leading to a $500,000 misdirected payment due to a business email compromise scheme.
Marketing tech
fromSecuritymagazine
2 months ago

$20B loss estimated from potential March Madness hacks

Organizations could face over $18.3 billion in revenue losses during March Madness due to AI-related cyber threats and office betting distractions.
Privacy professionals
fromBoston.com
2 months ago

Don't click on those road toll texts, FBI warns

Scam toll collection texts are misleading Americans to share financial information, prompting FBI warnings and advice to delete such messages.
Tech industry
fromTheregister
2 months ago

NioCorp loses $500K in suspected BEC scam

NioCorp Developments experienced a cyberattack on Valentine's Day, leading to a $500,000 misdirected payment due to a business email compromise scheme.
Marketing tech
fromSecuritymagazine
2 months ago

$20B loss estimated from potential March Madness hacks

Organizations could face over $18.3 billion in revenue losses during March Madness due to AI-related cyber threats and office betting distractions.
more#cybersecurity
Law
fromwww.mercurynews.com
2 months ago

Jury deadlocks over Marin bank's alleged complicity in $250 million scam

A federal jury could not reach a verdict in the Umpqua Bank case regarding involvement in a $250 million financial fraud.
UK news
fromTheregister
2 months ago

Thousands of trafficked scammers await return to Thailand

Thailand is set to address a crisis of trafficking and financial scams emanating from Myanmar by repatriating thousands of victims.
SF parents
fromABC7 San Francisco
2 months ago

3 arrested in North Bay after kidnapping patient from medical facility, police say

Three suspects kidnapped a patient from a medical facility in an attempt to gain control of their finances.
#carlos-watson
more#carlos-watson
London
fromwww.theguardian.com
6 months ago

Investment firm London Capital & Finance was Ponzi scheme, court rules

LCF operated as a Ponzi scheme, misleading investors and causing significant financial losses, as ruled by a London judge.
fromwww.dailynews.com
7 months ago

How pig butchering' romance scams siphon millions from Californians every year

The pig butchering scam is not a quick-hit scheme; it involves weeks to months of emotional manipulation, resulting in substantial financial devastation for numerous victims.
East Bay (California)
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