Federal authorities charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao (Gary) Wang, the former Chief Technology Officer of FTX Trading Ltd. (FTX),…
Authorities in the U.S. have charged 8 social media influencers in a securities fraud scam
US authorities announced on Wednesday that they had charged eight people in a securities fraud scheme, alleging that they made $114 million by manipulating stocks…
A French watchdog compels Amazon to pay fines totaling $3.5 million
The U.S. online retailer Amazon.com (AMZN.O) has been fined 3.3 million euros ($3.5 million) by a French watchdog for failing to amend clauses in contracts…
Founder of Iconix found guilty of securities fraud at second trial
A little over a year after a different jury was unable to reach a verdict in his initial trial, a Manhattan jury on Monday found…
Todd and Julie Chrisley get 12 years for Bank Fraud and Tax Evasion
Todd Chrisley was sentenced to 12 years in prison plus 16 months of probation, while Julie got seven years behind bars and 16 months of…
Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud
Elizabeth Holmes, the founder of Theranos, was given 11 years and three months jail sentence on Friday by a federal judge for cheating investors in…
Trevor Milton, the founder of Nikola, is pinning his legal defense on expert testimony
A Harvard law professor is a major defense witness, and the securities-fraud trial has been postponed due to Covid-19. Lawyers for Trevor Milton are basing…
Venezuela arrests ‘Fat Leonard’ contractor in bribery case involving US Navy
Venezuelan police apprehended a fugitive Malaysian businessman known as ‘Fat Leonard,’ who is at the center of a massive US Navy bribery investigation, as he…
SEC has filed a lawsuit against an insurance executive, claiming “massive” fraud
The lawsuit is the first government accusation of fraud against Greg Lindberg The SEC charged insurance magnate Greg Lindberg and a lieutenant with defrauding insurers…
Disruption Network Lab director Tatiana Bazzichelli says whistleblowing is a service to society
Whistleblowers, either portrayed as champions or monsters, have entered the worldwide mainstream culture as a result of characters such as Julian Assange, Chelsea Manning, and…