Fraud and false statements
New York sues crypto companies for alleged $1 billion fraud, cites SBF hedge fund wager
Barry Silbert: founder and main government officer of Digital Currency Group Inc. (L), and New York Attorney General Letitia James (R). Getty Pictures (L) | Reuters (R) Crypto companies Digital Currency Group and Gemini defrauded more than 230,000 buyers out of a collective $1.1 billion, New York state prosecutors explained in a lawsuit submitted in […]
Read More
Kazakh fintech Freedom Holding is currently being investigated by DOJ, SEC, documents display
Liberty Keeping CEO Timur Turlov speaks for the duration of a push job interview in Moscow, Russia, Oct. 10, 2019. Maxim Shemetov | Reuters Flexibility Holding, a Nasdaq-traded Kazakh economic firm which is been the focus on of outstanding limited sellers, is becoming investigated by federal prosecutors and Securities and Trade Fee counsel over compliance […]
Read More
Florida nurse practitioner convicted in $200 million Medicare fraud scheme
Michael Nesterov | Istock | Getty Images A federal jury in Miami convicted a Florida nurse practitioner of health-care conspiracy and other charges for playing a key role in a scheme that swindled hundreds of millions of dollars from Medicare. Elizabeth Hernandez, 45, fraudulently billed Medicare for more than $200 million in orthotic braces and […]
Read More
Amazon AI scammers blew millions on Lake Como wedding and cars and trucks, FTC alleges
Lake Como in northern Italy’s Lombardy location. Westend61 | Westend61 | Getty Illustrations or photos John and Roman Cresto built millions of dollars advertising them selves as e-commerce “authorities” who could educate typical consumers and traders the secret to promoting achievement on Amazon and Walmart, for a price. They splashed lavish vacations and substantial-finish cars […]
Read More
Malaysia is not discounting the possibility of lawsuits versus Goldman Sachs, states Anwar Ibrahim
ShareShare Post through FbShare Article through TwitterShare Write-up by way of LinkedInShare Short article through Email Anwar Ibrahim, Malaysia’s prime minister, tells CNBC’s Martin Soong as part of The CNBC Dialogue, that his region will have to reopen negotiations with Goldman Sachs on the 1MDB funds laundering scandal. He stated he’s “not discounting the possibility […]
Read More
A.I. startup founder billed with defrauding traders, manipulating paperwork
U.S. Legal professional for the Southern District of New York Damian Williams speaks throughout Martin Luther King Jr. Day at the National Action Community Dwelling of Justice headquarters. Lev Radin | Pacific Press | Lightrocket | Getty Images The founder of a data analytics company, which purportedly applied artificial intelligence systems, was indicted in Manhattan […]
Read More
Hindenburg Research targets $4.6 billion Kazakh brokerage for allegedly aiding Russian oligarchs evade sanctions
Timur Turlov, CEO of Freedom Finance brokerage speaks to Reuters during the interview in the office in Moscow, Russia October 10, 2019. Maxim Shemetov | Reuters Hindenburg Analysis, the prominent shorter vendor which is guess from Jack Dorsey’s Block, Carl Icahn and electrical automobile startup Nikola, is now using on a $4.6 billion on line […]
Read More
‘Bulletproof’ internet hosting site that allegedly enabled 400 ransomware assaults seized, founder indicted
FBI Director Christopher Wray testifies before a Property Judiciary Committee listening to on “oversight of the Federal Bureau of Investigation” and alleged politicization of legislation enforcement, on Capitol Hill in Washington, U.S., July 12, 2023. Jonathan Ernst | Reuters The mastermind guiding a ransomware hosting company that allegedly assisted criminals obtain far more than 5,000 […]
Read More
Tech buyers face ‘new era’ of China restrictions following Biden order limitations funding in A.I., chips
US President Joe Biden speaks on how “Bidenomics” is aiding cleanse energy and production, at Arcosa Wind Towers in Belen, New Mexico, on August 9, 2023. Jim Watson | AFP | Getty Photographs The Biden administration’s executive buy limiting U.S. non-public fairness and venture capital investments in Chinese technologies finally landed on Wednesday. For U.S. […]
Read More
Penn Enjoyment sells Barstool Athletics back to founder Dave Portnoy
David Portnoy, founder of Barstool Athletics, is interviewed at the Trackside Live Phase in the LVMS Neon Garage just before the South Issue 400 Monster Power NASCAR Cup Sequence playoff race on September 15, 2019, at Las Vegas Motor Speedway in Las Vegas, NV. Chris WIlliams | Icon Sportswire | Getty Images David Portnoy, the […]
Read More