Browsing: fraud
Supermicro—accused of smuggling $2.5 billion in Nvidia chips to China—has been here before, in Iran
Supermicro has spent the past three years riding the AI wave in Silicon Valley but before the recent allegations involving…
The most expensive frenemy fallout in tech history began Monday, in a federal courtroom in Oakland. After over a decade…
This month, a federal judge in Massachusetts sentenced Kejia “Tony” Wang, a 42-year-old husband and father from New Jersey, to…
A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
Three people in California have been sentenced for insurance fraud in a bizarre scam that involved someone dressed in a…
Supermicro launches probe after co-founder’s arrest on charges of $2.5 billion in chip smuggling
Two Supermicro board members are spearheading an internal investigation following a federal indictment alleging one of the company’s cofounders orchestrated…
Supermicro soared because of $4 trillion Nvidia—and Jensen Huang can walk away any time he wants
When Nvidia CEO Jensen Huang got onstage at an event in his native Taiwan in 2024 to talk about the…
Supermicro’s co-founder was just arrested for allegedly smuggling $2.5 billion in GPUs to China
Federal agents on Thursday arrested Yih-Shyan “Wally” Liaw, a prominent Silicon Valley executive deep in the AI ecosystem who co-founded…
Colorado funeral homeowner who hid 200 bodies and gave families fake ashes seeks leniency in court
A former Colorado funeral home owner who helped her ex-husband hide nearly 200 decomposing bodies in a building is asking for leniency…
No, Trump can’t use example of fraud in Minnesota to block childcare subisidies to 5 blue states, judge says
A federal judge ruled Friday that President Donald Trump’s administration cannot block federal money for child care subsidies and other…
Bessent’s visit to Minnesota comes with more vows to crack down on fraud as tensions flare with state, Somalia government
The Treasury Department is taking a closer look at financial transactions between Minnesotan residents and businesses and Somalia as the federal government ramps…












