Leaked documents show how Kevin and Ian Maxwell, brothers of disgraced heiress Ghislaine, used a Jersey trust to hide their business activities and finances. The…
Capitol One Hacker Found Guilty of Crypto Scam
U.S. Attorney Nick Brown announced today that a 36-year-old, former Seattle IT worker was guilty of seven federal charges related to her conspiracy to hack…
Stars of TV show ‘Chrisley Knows Best,’ found guilty on federal charges
Prosecutors say the stars of “Chrisley Knows Best” submitted false documents to banks to get loans. Todd and Julie Chrisley, stars of the reality television…
Former EarthWater CFO caught in a multimillion-dollar, high-yield investment fraud scheme
On June 7, the former Chief Financial Officer of Dallas-based EarthWater Limited (EarthWater) pleaded guilty to 22 crimes related to a multimillion-dollar high-yield investment fraud…
Abbott’s whistleblower alerted FDA about baby formula a year before
A former Abbott Nutrition employee submitted a whistle-blower complaint with the US Department of Labour’s Occupational Safety and Health Administration against the company’s Sturgis, Michigan,…
Google suspends whistleblower who claimed AI Bot had become sentient
According to media sources, a Google senior software engineer turned whistleblower was suspended on Monday (June 13) after posting transcripts of a discussion with artificial…
FEC Considers Charging Trump Campaign with Money Laundering
Federal regulators have deadlocked on a complaint that Donald Trump’s 2020 White House campaign laundered hundreds of millions of dollars in spending through corporate entities…
Wall Street Firms Earned Billions on Fraudulent SPAC Listings
Investment banks have raked in billions of dollars by feeding the frenzy for blank-check companies, and they have done so largely without risking any of…
SEC is Beefing Up its Crypto Fraud Unit
The Securities and Exchange Commission is vastly expanding its fight against cryptocurrency fraud by hiring more than a dozen new employees to combat cybercrime, the…
British Authorities Reveal that KYC Compliance is a Joke
Challenger banks must improve how they assess financial crime risk following a review by the U.K. Financial Conduct Authority (FCA) that found some fail to…