#financial-theft

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AI training software firm iLearningEngines says it lost $250,000 in recent cyberattack | TechCrunch

iLearningEngines suffered a cyberattack resulting in the theft of $250,000, emphasizing the risks of business email compromise.

Widower bilks $781K in pension payments sent to long-dead teacher wife: probe

A widower in Queens collected over $781,000 in pension payments meant for his deceased wife for 18 years.
The Teachers' Retirement System has been unable to recover the stolen funds, making it one of the most egregious cases they have seen.

Prison time for two who defrauded elderly neighbor

Two Brooklyn men sentenced to prison for stealing from elderly woman
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