Securities fraud
Rudy Giuliani concedes he built ‘false’ statements about Georgia election personnel
Rudy Giuliani, previous attorney to Donald Trump, speaks to users of the media as he leaves federal court in Washington, DC, US, on Friday, Could 19, 2023. Eric Lee | Bloomberg | Getty Illustrations or photos Rudy Giuliani conceded in a court filing Tuesday that he manufactured “false” statements about two Georgia 2020 election staff who are suing […]
Read More
‘Crypto Couple’ appear set to plead guilty in bitcoin hack money laundering case
Booking photos for Heather Morgan and Ilya Lichtenstein. Courtesy: Alexandria Adult Detention Center. The New York couple charged with trying to launder $4.5 billion in bitcoin stolen in a 2016 hack of Bitfinex appear set to plead guilty in the case. The couple, Ilya Lichtenstein and Heather Rhiannon Morgan, have been newly charged in the […]
Read More
FTX legal professionals accuse Sam Bankman-Fried of funding his felony defense with $10 million in misappropriated cash
Crucial Details A lawsuit in opposition to Sam Bankman-Fried alleges the indicted previous FTX CEO has been financing his legal protection with $10 million in corporation cash. Bankman-Fried engineered a reward of that total to his father, legal scholar Joe Bankman, FTX legal professionals say. Bankman-Fried has pleaded not guilty about his part in what […]
Read More
Convicted Ponzi schemer granted clemency by Trump charged with new Ponzi plan
Former US President and 2024 Republican Presidential hopeful Donald Trump gestures about fat lifting as he speaks at a Republican volunteer recruitment function at Fervent, a Calvary Chapel, in Las Vegas, Nevada, July 8, 2023. Mario Tama | Getty Visuals WASHINGTON — A New Jersey male who had his prison sentence for jogging a enormous […]
Read More
UAE crypto scammer sentenced to 8 several years in jail for multimillion dollar fraud scheme
Household skyscraper buildings past luxurious villas on the waterfront of the Palm Jumeirah in Dubai, United Arab Emirates, on Thursday, Jan. 19, 2023. Christopher Pike | Bloomberg | Getty Visuals A United Arab Emirates resident and Nigerian citizen was sentenced to 8 years in federal jail for orchestrating a multi-million dollar fraud scheme that victimized […]
Read More
U.S. Virgin Islands seeks at the very least $190 million from JPMorgan Chase in Jeffrey Epstein scenario
The authorities of the U.S. Virgin Islands in a court filing Friday believed that it will seek damages of at least $190 million from JPMorgan Chase in a lawsuit accusing the big financial institution of facilitating intercourse trafficking by its previous very long-time customer Jeffrey Epstein. The Virgin Islands also claimed it desires an buy […]
Read More
Binance could lay off countless numbers as corporation buckles down for DOJ probe, source says
Changpeng Zhao, billionaire and main govt officer of Binance Holdings Ltd., speaks in the course of a session at the Net Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | Getty Visuals Crypto exchange Binance is laying off staff members in reaction to an ongoing Justice Division probe that is […]
Read More
Mozambique ex-finance minister denied bail in New York over $2 billion ‘tuna bond’ scandal
Mozambique’s former finance minister, Manuel Chang (pictured right here in 2019), has been deemed a flight risk. Wikus De Damp | Afp | Getty Photos A U.S. federal decide ruled that Mozambique’s former finance minister, Manuel Chang, need to stay driving bars when awaiting trial for fraud in the notorious “tuna bond” scandal which served […]
Read More
Previous Celsius CEO arrested, organization agrees to pay $4.7 billion settlement
Alex Mashinsky, Celsius CEO on phase in Lisbon for World wide web Summit 2021 Piaras Ó Mídheach | Sportsfile | Getty Images Former Celsius CEO Alex Mashinsky was arrested Thursday on federal securities fraud charges, a source told CNBC as the bankrupt crypto trade agreed to fork out a $4.7 billion settlement with federal government […]
Read More
Ex-Pfizer employee charged with illegal trading based on unreleased Covid pill trial data
Federal authorities charged a former Pfizer employee and his close friend Thursday with illegally trading shares based on non-public trial results on the pharmaceutical company’s Covid antiviral pill Paxlovid. The Justice Department and the Securities and Exchange Commission both announced respective insider trading charges against Amit Dagar, a former senior statistical programming lead at Pfizer, […]
Read More