Browsing: fraud
Convicted Ozy Media CEO Carlos Watson and his company have been ordered to pay nearly $96 million in penalties for…
The former chief financial officer of Archegos Capital Management was sentenced on Monday to eight years in prison over his…
Federal prosecutors in San Francisco said Thursday that the founder of a venture-backed AI chat startup allegedly used over $4…
American Express said on Thursday it will pay about $230 million to settle criminal and civil probes into alleged deceptive practices in…
Update, Jan. 11, 2025: This story, originally published Jan. 9, now includes comments from a number of security experts as…
Update, Jan. 10, 2025: This story, originally published Jan. 9, now includes a statement from PayPal and further background information…
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, pleaded not guilty…
Bank staffers are selling client data in back-door deals with online fraudsters — helping to facilitate sophisticated scams that target…
A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, claiming the banks failed to protect…
The father-and-son fraudsters behind a $100 million stock manipulation scheme involving a New Jersey deli pleaded guilty on Thursday. Peter…