Fraud

Sam Bankman-Fried Aide Caroline Ellison Was 'Genuinely Remorseful:' This And More Of What Judge Said While Handing The Former FTX Executive 2-Year Prison Sentence
B. Riley Shares Plummet 50%, FRG Drama Doesn't Bode Well For Q2: CEO
Financial Crime Weekly: Florida Duo Busted For Smuggling Military Equipment Into Colombia, Diesel Parts Seller Fined $1M
B. Riley Shares Plummet 50%, FRG Drama Doesn't Bode Well For Q2: CEO
Financial Crime Weekly: Florida Duo Busted For Smuggling Military Equipment Into Colombia, Diesel Parts Seller Fined $1M
US Loses Out To South Korea Over Extradition Of Terraform Labs' Do Kwon
Mining Billionaire Charged With Corruption In British Court: What You Need To Know

Fraud Recent News

An Expert Witness For Trump Was Paid A Staggering $877,500 In The Former President's Fraud Trial
The ongoing civil fraud trial involving former President Donald Trump in New York City has brought to light the substantial fees charged by expert witnesses defending him. 
How Did A Trio Pull Off A $10M Bank Fraud Using Crypto?
In a major crackdown, the FBI arrested three persons for allegedly orchestrating a complex $10 million bank fraud scheme.
Prosecutors Seek Five-Year Jail Term For Samsung Electronics Boss Over Alleged Fraud And Stock Manipulation
Money Mules Charged With Moving $307M In Tether, Converting Sum To Renminbi: Report
A Chinese court near Chongqing sentenced 21 people for online fraud, CoinDesk reported.
Taiwan Aims To Offset Crypto-Related Money Laundering Schemes With New Bill
The Electronic Investigation Team of the Criminal Bureau in Taiwan has nabbed an individual suspected of laundering a record $320 million through digital assets, making it the largest single case of crypto-related money laundering in Taiwan.
CFTC: Most Whistleblower Tips Involve Crypto, Commissioner Wants Stronger ID Verification
U.S. regulators paid $16 million to crypto whistleblowers this year as part of an effort to identify fraud and other illegal activities.
New York Attorney General Files Lawsuit Against Genesis, Gemini, DCG For Defrauding Investors of $1B, Urges Ban
New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital and Digital Currency Group, Inc.
Visa To Use Anti-Fraud Measures For Real-Time Payments, Invests In Form3
Digital payments behemoth Visa (NYSE: V) invested in London-based payments platform Form3 through a commercial partnership.
CFTC Commissioner Says Crypto Regulation Must Evolve With Tech Or Investors Pay The Price
Commodity Futures Trading Commission Commissioner (CFTC) Commissioner Christy Goldsmith Romero has suggested that regulators need to update their protection measures with technological advances. She goes on to add that the inability to do the same is likely to impact the crypto investors.
NASA Employee Faces Prison Time For Diverting COVID Relief Funds Into Weed Business
A NASA employee recently confessed to misusing COVID relief funds intended for small businesses by diverting them towards an illicit cannabis operation. What Happened: Armen Hovanesian, 32, made three fraudulent loan applications under the guise of business entities that he controlled.
Liar, Liar? Justice Department Charges Rep. George Santos: Report
The U.S. Department of Justice filed charges on Tuesday against Rep. George Santos, according to a report from CNN.
Exclusive Interview With Visa Fraud Chief: Fraudsters Are Actively Trying To Grab The Pot Of Money That Exists In Crypto
The latest edition of my interview series Crypto Opinion with Mike Ermolaev focused on the topic of security, featuring Michael Jabbara, the VP and Global Head of Fraud Services at Visa (NYSE:
Litigation Bombshell: SBI Crypto Slams Whinstone US With Fraud And Negligence Allegations In Mining Fiasco
SBI Crypto Co., a subsidiary of Japan's SBI Holdings Inc, has filed a lawsuit against Whinstone US, a data center based in Rockdale, Texas.
Behind Bars, But Still Connected: Bankman-Fried Permitted To Surf These Websites
U.S. prosecutors and lawyers are allowing FTX founder and former CEO Sam Bankman-Fried access to a limited number of websites on a specially configured laptop.
$2.2 Billion Gone? FTX Founder Bankman-Fried And Colleagues Receive Massive Sum
Bankrupt cryptocurrency exchange FTX has transferred a whopping $2.2 billion to its founder, Sam Bankman-Fried, and other key employees through various entities.
Bankman-Fried's Lawyers Say Car Drove Into Barricade Outside Parent's House, Ask For Bail Secrecy: Report
Three men in a car recently drove into a metal barricade outside the house of FTX co-founder Samuel Bankman-Fried's parents, according to court documents filed by lawyers.
Fake Cannabis Tycoon Admits To $35M Fraudulent Scheme
It’s not just Congressional wannabes who invent lies about themselves to impress naïve voters and dupe their own party, it seems such posers have seeped into the cannabis industry as well. And, they're not just enhancing their resumé, they're stealing loads of money.
£20M Bitcoin Heist: Gang's Lavish Spending Spree Leads To Sentencing Of Four Accomplices
Four individuals were sentenced by the English County of Lancashire following an investigation into a £20 million Bitcoin (CRYPTO: BTC) fraud.
Birds Of A Feather: Bankman-Fried and Madoff Loved To Accumulate Real Estate With Other People's Money
While financial analysts and media pundits continue to compare the fall of FTX’s Sam Bankman-Fried and criminal Ponzi scheme artist Bernie Madoff, there is a stark difference in the type of wealth they accumulated. But they both enjoyed spending that wealth on real estate.
SEC Charges Canada's Cronos Group And Former CCO William Hilson With Accounting Fraud
Cronos Group, Inc, (NASDAQ: CRON) announced that it had reached final settlement agreements with each of the U.S.
Dallas Man Charged in $26 Million Real Estate Scam Involving Chinese Investors
A Dallas real estate developer accused of scamming Chinese investors out of more than $26 million was indicted Tuesday on charges of wire fraud and securities fraud. 
Alleged Fraudster, Nikola Founder Is Back And He's Buying Up His Old Stock
Nikola Corporation (NASDAQ: NKLA) founder Trevor Milton has quietly purchased shares of the Phoenix-based electric vehicle company ahead of his September fraud trial.
The Growing Email Scam That's Almost Impossible To Reverse
Original publication: August 5, 2020 Phishing emails could be described as the pestilent occurrence of the modern workforce. As we ditched the typewriter for the computer, and faxes for emails, one unexpected (yet always prevalent) consequence, was spam.

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