Fraud

CFTC brings fraud charges against Alexander Mashinsky and Celsius Network

The Commodity Futures Trading Commission (CFTC) today announced it filed a complaint in the U.S. District Court for the Southern…

2 years ago

Crypto Lender Celsius CEO Is Arrested, Sued by Regulators

Celsius Network founder Alex Mashinsky was arrested in New York early Thursday morning and charged with securities fraud. Source link

2 years ago

Barclays wins UK Supreme Court case over push payment fraud By Reuters

© Reuters. FILE PHOTO: The logo of Barclays bank is seen on glass lamps outside of a branch of the…

2 years ago

Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports

Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since…

2 years ago

Fox News, Dominion Prepare for Battle in $1.6 Billion Defamation Trial

A Delaware jury is slated to decide whether the network acted with “actual malice” in broadcasting false election-fraud claims. Source…

2 years ago

Theranos Founder Elizabeth Holmes’s Bid to Stay Out of Prison Is Denied

TechJudge who oversaw Holmes’s criminal-fraud trial says she still has to report to federal prison on April 27 Source link

2 years ago

Former Outcome Health Executives Found Guilty of Fraud

BusinessHealth CareHealthVerdict caps fall of startup’s executive team led by Rishi Shah, who could face years in prison Source link

2 years ago

Followers Describe Allure of Chinese Businessman Charged With $1 Billion Fraud

Guo Wengui said he would help bring democracy to China and topple the Communist Party. “I believed that he was…

2 years ago

BNP Paribas extends partnership with Worldline to reduce SEPA Direct Debit fraud

BNP Paribas Cash Management has selected payment services provider Worldline SA (EPA:WLN) to reduce fraud in SEPA Direct Debit transactions.…

2 years ago

FCA launches criminal proceedings against four individuals for conspiracy to commit fraud

The UK Financial Conduct Authority (FCA) has started criminal proceedings against four individuals for conspiracy to commit fraud and for…

2 years ago