By now, the Forbes 30 Under 30 list has become more than a little notorious for the amount of entrants who go on to be charged with fraud.…
Read more Fintech CEO and Forbes 30 Under 30 alum has been charged for alleged fraud | TechCrunchRevolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg. Reuters British financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling…
Read more Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victimsThe former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million — which he sent…
Read more Cryptocurrency ‘pig butchering’ scam wrecks Kansas bank, sends ex-CEO to prison for 24 years(Bloomberg) — US authorities accused famed short-seller Andrew Left of committing fraud through stock trades, social media posts and research reports — their biggest move yet in a…
Read more US Accuses Famed Short-Seller Andrew Left of Securities FraudReal estate, with its large transaction sizes and frequent use of bank wires, has proven to be an especially lucrative target for cybercriminals. Source link
Read more A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warningNatasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft…
Read more How thousands of Americans got caught in fintech’s false promise and lost access to bank accountsStandard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Recent documents submitted to a U.S. federal court allege that major British bank Standard…
Read more U.S. ignored evidence major U.K. bank was helping fund sanctioned Iranian groups, whistleblower saysThe seal of the US Department of Justice in Washington, DC on March 21, 2024. Mandel Ngan | Afp | Getty Images A global malware network responsible for…
Read more DOJ charges Chinese national with operating ‘world’s largest botnet’ that stole $5.9 billion in Covid relief fundsDeutsche Bank shares were 6% higher on Thursday afternoon after the German lender reported a 10% rise in first-quarter profit, beating expectations amid an ongoing recovery in its…
Read more Deutsche Bank shares up 6% after first-quarter profit beat, investment banking recoveryTexas Attorney General Ken Paxton on Tuesday agreed to pay nearly $300,000 in restitution under a deal to end criminal securities fraud charges that have shadowed the Republican…
Read more Texas AG Ken Paxton reaches deal to end securities fraud charges after 9 yearsBatbold Sukhbaatar of Mongolia addresses the Millennium Development Goals Summit at the United Nations headquarters in New York, September 22, 2010. Emmanuel Dunand | AFP | Getty Images…
Read more Feds seek seizure of two New York apartments worth $14 million tied to former Mongolia leader in alleged mining schemeJust shy of a month before his trial, Texas Attorney General Ken Paxton entered into a deal with prosecutors that allows him to avoid his day in court…
Read more Texas AG Ken Paxton Avoids Trial Over Securities Fraud ChargesTexas Attorney General Ken Paxton may not see his day in trial court over the nearly nine-year-long securities fraud case against him as reports indicate that a possible…
Read more Texas AG Ken Paxton Could See Criminal Charges Against Him DroppedFormer U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25,…
Read more Judge orders Trump company to tell financial watchdog about efforts to get appeal bondsRudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, arrives at the E. Barrett Prettyman U.S. District Courthouse in Washington, D.C., on Dec. 15, 2023.…
Read more Creditors demand Rudy Giuliani sell his $3.5 million Florida condo to pay debtsChangpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16,…
Read more Criminal sentencing of Binance founder CZ postponed to late AprilDeutsche Bank on Thursday smashed fourth-quarter earnings expectations, reporting net profit of 1.3 billion euros ($1.4 billion) and announcing a further 1.6 billion euros in shareholder returns for…
Read more Deutsche Bank smashes profit estimates and boosts shareholder returnsLas Vegas Review-journal | Tribune News Service | Getty Images A man described as an “experienced anti-money laundering specialist” pleaded guilty on Wednesday to illegally funneling more than…
Read more Man pleads guilty in $1 billion scheme to dodge money laundering rules in New YorkA Citibank branch in the central business district of Singapore on Feb. 12, 2018. Ore Huiying | Bloomberg | Getty Images New York Attorney General Letitia James on…
Read more New York sues Citibank for alleged failure to reimburse fraud victimsRudy Giuliani was able to raise less than $1 million from just 13 donors, among them his friends and a group of former President Donald Trump‘s allies, to…
Read more Former Trump lawyer Rudy Giuliani raises less than $1 million from 13 donors in legal defense fund
