Sam Trabucco, the former Alameda Research co-CEO, will forfeit a 53-foot yacht and forgo $70 million worth of claims in a proposed settlement with the FTX bankruptcy estate.
On Friday, CNN said that 2024 Democratic vice presidential candidate Minnesota Gov. Tim Walz (D) “has been a hands-off leader when it comes to seeking accountability for episodes of fraud and mismanagement on his watch”, his office acknowledges state agencies
The Democratic National Committee’s donor platform, ActBlue, is facing an investigation by Republicans on the House Oversight Committee regarding “potential fraud” linked to donations made to candidates’ campaigns.
A New York-based lawyer has pled guilty to charges of partaking in an immigration fraud scheme by trying to illegally quicken asylum statuses.
Federal prosecutors have charged a North Carolina musician with wire fraud and money laundering for allegedly using bot accounts and hundreds of thousands of AI-generated songs to fraudulently earn over $10 million in royalties from streaming services like Spotify and Apple Music.
The U.S. House Committee on Education and the Workforce has issued a subpoena for Democrat vice-presidential nominee Gov. Tim Walz (D-MN).
A Maryland pastor was recently slapped with an 18-month prison sentence for fraudulently obtaining more than $3.5 million in COVID-19 relief funds.
A supposed “glitch” in Chase bank’s ATMs that allowed customers to withdraw large sums of money after depositing fake checks has led to a flurry of TikTok users posting videos online bragging about their ill-gotten gains. However, experts warn that this is not a harmless trick, but rather a clear case of check fraud that could result in serious legal consequences.
The United Nations World Food Program is investigating two of its top officials in hunger-plagued Sudan for fraud.
Republicans have filed a lawsuit to block President Joe Biden’s “Parole in Place” amnesty for at least 500,000 illegal migrants.
Former New York Republican Rep. George Santos pleaded guilty to committing wire fraud and aggravated identity theft on Monday.
Former New York Republican Rep. George Santos will plead guilty to multiple charges in the ongoing fraud case against him, sources said.
A Missouri woman was arrested and charged in connection to a plot to defraud Elvis Presley’s family out “of millions,” and attempting to “steal the family’s ownership interest,” according to the Department of Justice (DOJ).
An Illinois police officer and associate of the so-called “worst mayor in America” has been indicted on bankruptcy and fraud charges.
Republicans on the House Homeland Security Committee are demanding answers from President Joe Biden and Vice President Kamala Harris’s Department of Homeland Security (DHS) over “large amounts of fraud” found in the administration’s parole pipeline for migrants.
Organized and blatant fraud has forced President Joe Biden’s border chief to temporarily close his supposedly legal “parole pipelines” for 360,000 job-seeking migrants per year from Cuba, Haiti, Nicaragua, and Venezuela.
Virginia AG Jason Miyares wrote to ActBlue about “suspicious” donations made in “volumes that are facially implausible” through the platform.
The U.S.-Russian deal that traded eight Russian criminals, spies, and assassins for hostages Evan Gershkovich, Paul Whelan, and others on Thursday was the first known prisoner exchange to include international cybercriminals.
Chinese businessman Guo Wengui – also known as Miles Guo and several other names – was convicted on nine out of 12 counts for a billion-dollar fraud scheme by a New York jury on Wednesday.
A federal grand jury has reportedly indicted Hoau-Yan Wang, a 67-year-old medical professor at the City University of New York, for allegedly falsifying data to fraudulently obtain $16 million in federal research funding from the National Institutes of Health (NIH) for the development of a controversial Alzheimer’s drug and diagnostic test.
The Supreme Court on Thursday ruled a person accused by the Securities and Exchange Commission of civil fraud has a right to a trial by jury before a federal judge, rejecting the agency’s authority to bring enforcement actions and assess fines through internal tribunals.
The Internal Revenue Service has reviewed some one million claims for coronavirus pandemic-era Employee Retention Credit (ERC) tax breaks representing $86 billion and declared the “vast majority” are at risk of being improper.
Georgia Trump prosecutor Fani Willis received a campaign donation from a former Atlanta city attorney who was just sentenced to seven years in prison for a massive $15 million pandemic loan fraud scheme.
A network of Bulgarian fraudsters were “living like barons” after stealing at least tens of millions in UK Universal Credit welfare benefits.
Convicted fraudster and former Baltimore District Attorney Marilyn Mosby will avoid jail time for perjury and mortgage fraud after facing up to 40 years in prison.
Michigan Democrats are reportedly demanding an investigation into three Republican U.S. Senate candidates regarding alleged forgery.
Former Utica Mayor Louis LaPolla admitted to committing mail fraud and stealing donations meant for a scholarship that he had established.
A court in Ho Chi Minh City rushed on Thursday to sentence real estate tycoon Truong My Lan, one of the richest women in the world, to death for her part in a $12.5 billion fraud case.
A BLM activist will only have to pay back £1 of the tens of thousands she stole from a charity intended to help disadvantaged black children.
A Wisconsin woman who fatally poisoned her friend and stole nearly $300,000 from her has been sentenced to life in prison.
Disgraced former FTX CEO Sam Bankman-Fried said on Tuesday he is “haunted” by his decisions, which led to the collapse of the digital currency exchange and billions of dollars of customers and investors’ funds lost.
Disgraced FTX CEO and Democrat Megadonor Sam Bankman-Fried on Thursday was sentenced to 25 years in jail for fraud after facing up to 100 years in jail.
Swedish media earlier have said that al-Shammari claimed child and housing support in Sweden for years – despite living in Baghdad.
It is impossible for former President Donald Trump to post a bond covering the full amount of his $454 million civil fraud judgment while he appeals, his lawyers told a New York appellate court Monday.
Four people living in Los Angeles, California, have been sentenced in Boston after operating a huge marriage fraud “agency” to help migrants skirt immigration laws to get green cards.
India’s Central Bureau of Investigation has opened a case against human traffickers luring Indians to fight for Russia in Ukraine.
Two brothers from Temecula, California, pleaded guilty to defrauding the U.S. Postal Service out of more than $2.3 million, authorities announced Friday.
Some Trump-supporting truckers are refusing to transport loads to and from New York City after the former president was fined $355 million and had his ability to run businesses in the state suspended in Friday’s civil fraud verdict.
FCC insiders are raising concerns over the Justice Department’s sudden push to settle a multi-billion dollar fraud lawsuit against Democratic megadonor Charlie Ergen’s Dish Network and BlackRock, just before they were set to be deposed.
A former Illinois Democrat state senator allegedly submitted false insurance policies after leaving her position and starting a career selling insurance.
