Browsing: Crime
Archegos founder Bill Hwang tells court he can’t pay $10 billion compensation to victims because he’s only a millionaire
Disgraced multimillionaire and convicted white collar criminal Bill Hwang is too broke to ever pay the nearly $10 billion in…
Detroit nonprofit CFO admits to stealing $44 million in decades-long scheme—spent money on limos, travel, and clothes
A man accused of stealing $44 million from a Detroit nonprofit group pleaded guilty Friday to financial crimes that stunned the organization…
The head of Canada’s largest crypto company, WonderFi, is free after being kidnapped in Toronto on Wednesday. After electronically paying…
Harris won’t say how she voted on California measure that would reverse criminal justice reforms
Vice President Kamala Harris on Sunday declined to say how she voted on a key ballot measure in her home state of California…
New research from cybersecurity company Group-IB shows that cybercriminals have been using phony trading apps to swindle unsuspecting individuals as part of…
A man who worked for United Way in Massachusetts was convicted in federal court of taking $6.7 million from the…
Raytheon allegedly paid bribes to secure lucrative contracts. Now it’s paying $252 million to settle the charges
RTX Corporation, the defense contractor formerly known as Raytheon, has agreed to pay the U.S. government $252 million to resolve criminal…
German airline Lufthansa slapped with $4 million fine after Jewish passengers denied boarding
The United States fined German airline Lufthansa $4 million for its treatment of a group of Jewish passengers who were…
Opening arguments begin in trial of tech consultant charged in death of Cash App’s Bob Lee
San Francisco prosecutors made opening statements Monday in the murder trial of a tech consultant charged in the stabbing death of Cash…
An international yoga business founder whose chain of yoga studios promoted themselves as “Yoga to the People” pleaded guilty on…