Federal prosecutors charged 47 persons on Tuesday with diverting almost $250 million from a federal aid program designed to help feed children during the COVID-19…
Covid-19 Unemployment fraud could top $45 billion, according to watchdog reports
People used Social Security numbers from dead and imprisoned to get money from programs meant to help those laid off during pandemic A government monitor…
Trevor Milton, the founder of Nikola, is accused of defrauding investors in a fraud trial
Defense calls electric truck entrepreneur an innocent victim of ‘prosecution by distortion’ Prosecutors charged Trevor Milton, the founder of Nikola, with masterminding a plot to…
Steve Bannon is facing fraud charges in New York in connection with the We Build the Wall organization
Steve Bannon, a long-time ally of former US President Donald Trump, has been indicted on charges of money laundering, fraud, and conspiracy. Mr. Bannon, 68,…
Abu Dhabi fines Wise for anti-money laundering violations.
Payment fintech is under pressure as economic conditions worsen and chief probed in the UK App for making payments, Wise has been fined $360,000 by the…
FBI arrests Tennessee state Rep. Glen Casada and former chief of staff over federal charges
Tennessee state Rep. Glen Casada and former chief of staff Cade Cothren face a 20-count indictment Following an indictment charging them in an alleged bribery…
Solicitor Timothy Schools jailed for £20m investment fraud
Timothy Schools used almost £20mn from the ‘no win no fee’ vehicle to support a luxury lifestyle Following a UK Serious Fraud Office investigation, a…
BitMEX employee pleads guilty under Anti-money Laundering Act
BitMEX grew from a startup to become one of the largest cryptocurrency exchanges in the world. A top BitMEX employee has pleaded guilty in New…
Former Georgetown Tennis Coach Receives 2.5-Year Prison Sentence
Gordon Ernst must also forfeit more than $3.4 million in bribes he earned from the college admissions scheme Former Georgetown University tennis coach Gordon Ernst…
Weber Shandwick ex-COO pleads guilty to fraud
On Wednesday, a former Weber Shandwick chief operations officer pled guilty to fraud after being accused of stealing more than $16 million from the public…