Fraud and false statements
Investors in Airbnb arbitrage business allege they were defrauded in scheme promising 'higher returns than the stock market'
Illustration by Elham Ataeiazar Daryn Carr is no stranger to side hustles. After his mom died from Covid in 2020, he used funds from her pension to pay off some bills and buy a car. With the remaining money, he invested in crypto and started an ATM business. One day in 2022, while scrolling through […]
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SAP to spend additional than $230 million to settle bribery charges, U.S. authorities say
Christian Klein, CEO of the software firm SAP, stands on the podium on the lookout at his cell cellular phone right before the start of the company’s Once-a-year Normal Meeting. Uwe Anspach | Picture Alliance | Getty Photographs SAP, the $192 billion German organization tech business, will pay back far more than $230 million to […]
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4 males indicted in $80 million ‘pig butchering’ scheme
Las Vegas Review-journal | Tribune Information Services | Getty Pictures Federal prosecutors have disrupted a so-referred to as pig-butchering scheme that value victims much more than $80 million, the U.S. Department of Justice declared Thursday. 4 guys have been indicted and two arrests have been produced in a single of the most sweeping enforcement steps […]
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Fraud in a bottle: How Big Pharma takes on criminals who make millions off counterfeit drugs
In Las Vegas, Lazaro Hernandez was a flamboyant, jet-setting poker player shown in televised tournaments with stacks of colorful chips. But the casually dressed gambler spotted on security cameras with wads of cash at the casino cage was hiding a secret life. And federal investigators say he was gambling with people’s lives. Hernandez, they say, […]
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QR codes could be a gateway to identification theft, FTC warns
Westend61 | Westend61 | Getty Photos You may well want to imagine 2 times ahead of scanning that QR code. The codes — a digital jumble of black and white squares, usually used for storing URLs — have turn out to be seemingly ubiquitous, observed on restaurant menus and in retail outlets, for instance. Even […]
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Trump gag buy in fraud scenario reinstated by New York appeals court
Former U.S. President Donald Trump attends demo in a civil fraud circumstance that state Legal professional Standard Letitia James introduced from him, his grownup sons, the Trump Business and others, in New York Town, Oct. 3, 2023. Eduardo Munoz | Reuters A New York appeals courtroom Thursday reinstated a gag order on Donald Trump in […]
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Here is how a great deal WeWork co-founder Adam Neumann made right before the company’s personal bankruptcy
Adam Neumann, co-founder and former chief govt officer of WeWork. Michael Nagle | Bloomberg | Getty Photographs WeWork’s dizzying rise and protracted drop into Chapter 11 personal bankruptcy security Monday mainly hinged on just one male: Adam Neumann. The former WeWork CEO started the firm in 2010 and mostly through the power of his character […]
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How Innovation Refunds cashed in on the Employee Retention Credit
The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet during the pandemic. The government program, seemingly flush with cash, led to the emergence of an industry of its own, which focused on helping businesses claim the credits. Suddenly, a parade of ads encouraging businesses to […]
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Trump can take witness stand, fined $10,000 around most current gag purchase violation in fraud trial
Former U.S. President Donald Trump watches as his former fixer and attorney Michael Cohen is questioned by a lawyer for the lawyer general’s office environment, ahead of Decide Arthur F. Engoron all through the Trump Group civil fraud trial in New York Point out Supreme Court docket in the Manhattan borough of New York Metropolis, […]
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Gentleman sentenced to prison for tweeting to suppress votes for Trump
United States District Courtroom for the Jap District of New York in Brooklyn. RuaridhConnellan | Barcroft Media | Getty Visuals A Trump-supporting social media influencer was sentenced to seven months in prison for conspiring to suppress the votes of perhaps 1000’s of men and women who supported previous Secretary of State Hillary Clinton in the […]
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