Browsing: fraud
Thousands of North Koreans stole Americans’ identities and took remote-work tech jobs at Fortune 500 companies, DOJ says
The Justice Department on Thursday announced the arrests of three people in a complex stolen identity scheme that officials say…
Boeing could face criminal charges after violating a deal negotiated in secret with regulators
Boeing has violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737…
Archegos hedge fund founder Bill Hwang goes on trial for allegedly inflating stock values before a meltdown that cost banks and brokerages over $100bn
A prosecutor portrayed Bill Hwang, the founder of Archegos Capital Management, as a greedy man hoping to become a Wall…
Dodger superstar’s confidant pleaded guilty to stealing $17 million from the power hitter to cover debts
An interpreter for Los Angeles Dodgers star Shohei Ohtani has agreed to plead guilty to criminal charges after secretly transferring…
Executive on probation for giving freebies to a high roller and letting him gamble millions
A former top executive for major Las Vegas casinos was given a year of probation Wednesday after admitting he allowed…
A mysterious Miami firm tried to buy a top English soccer team—now it’s being accused of $600 million fraud: ‘A giant shell game at best, and an outright Ponzi scheme at worst’
When Miami-based 777 Partners agreed to buy the Premier League soccer club Everton in September, the deal was considered a…
An AI photo of pop star Katy Perry was good enough to fool her own mom—’that shows you the level of sophistication that this technology now has,’ expert says
No, Katy Perry and Rihanna didn’t attend the Met Gala this year. But that didn’t stop AI-generated images from tricking some fans into thinking the stars…
The accounting firm that Trump hired for his media firm’s IPO was caught copy-and-pasting previous audits and is now banned forever
Financial regulators permanently banned the accounting firm that the parent company of Donald Trump’s media platform hired in an enforcement…
As artificial intelligence (AI) becomes more sophisticated, it’s not just businesses and consumers who benefit. Fraudsters also exploit AI to…
One day after being cited for contempt, Donald Trump insulted the judge presiding over his case
Donald Trump returned briefly to the campaign trail Wednesday and called the judge presiding over his hush money trial “crooked” a day after…