Former U.S. President Donald Trump speaks during a rally at Florence Regional Airport in Florence, South Carolina, U.S., March 12, 2022. Randall Hill | Reuters The Manhattan district attorney, in an ...
Tag: Crime
Walmart saved millions from elder gift card scams
A gift card display stands at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Technology developed by Walmart helped the retail giant identify and freeze near...
Deutsche Bank Must Face Lawsuits Alleging It Enabled Ponzi Scheme
Judges in New York and Miami ruled that investor lawsuits could advance against Germany’s Deutsche Bank AG for allegedly ignoring warnings that it was helping finance a real-estate-linked Ponzi scheme...
Bitcoin Prices Steady After Crypto Heist. A Prominent Whale Is Getting Bigger.
Text size Bitcoin prices have held onto recent gains. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies were mostly steady on Wednesday, holding onto recent gains and shaking off pressure on...
NY AG probe suggests Trump business misstated asset values for years
Former U.S. President Donald Trump speaks during a rally at the Iowa States Fairgrounds in Des Moines, Iowa, October 9, 2021. Rachel Mummey | Reuters The New York Attorney General’s Office has &...
Freed Huawei Finance Chief Meng Wanzhou Returns to Company Spotlight
HONG KONG—Months after returning home to a hero’s welcome in China, Huawei Technologies Co. finance chief Meng Wanzhou was back in the spotlight Monday: This time, she was in more familiar surrounding...
Credit Suisse Warns of $500 Million Hit From Billionaire’s Lawsuit
Credit Suisse CS 0.49% Group AG is expected to pay around $500 million after losing a lawsuit brought by a Georgian billionaire who claimed the bank mismanaged his money. Credit Suisse has spent years...
Trump is guilty of numerous felonies, prosecutor told Manhattan DA
One of two top prosecutors who resigned over the Manhattan District Attorney’s alleged decision to stop heading toward indicting former President Donald Trump for crimes said in a bombshell resi...
FAA Official Testifies Former Boeing Pilot Lied About 737 MAX
FORT WORTH, Texas—A Federal Aviation Administration training specialist said a former Boeing Co. BA -3.59% pilot lied to her about how a 737 MAX flight-control system worked before two of the jets cra...
Former Apple employee charged with defrauding $10 million
A former Apple employee has been charged with defrauding the tech giant out of more than $10 million by taking kickbacks, stealing equipment and laundering money, federal prosecutors said. Dhirendra P...
‘Windfall’ Is an Intriguing Crime Thriller with A Class-Conscious Twist
Windfall Netflix In an era of such massive inequality, it’s almost surprising we have so few class-revenge crime thrillers. Windfall has blown in to fill in the gap, providing a gradually growing, twi...
Chris Cuomo Demands at Least $125 Million in Arbitration With CNN
Former CNN anchor Chris Cuomo is seeking at least $125 million from his old employer, claiming the network wrongfully terminated him and smeared his journalistic integrity in the process. Mr. Cuomo co...
Crypto Mixers: UK’s National Crime Agency Calls for Regulations
The UK’s NCA has recently signified its plans to regulate the cryptocurrency mixing services that enable illicit users to disguise their activities. Lately, this cryptocurrency technology has fl...
Crypto Mixers Appear in Crosshairs of UK’s National Crime Agency
Alex Dovbnya The UK’s National Crime Agency wants to regulate cryptocurrency mining services, which allow bad actors to cover their tracks The National Crime Agency of the United Kingdom has iss...
A Return To ‘The One-Way White-Collar Sentencing Ratchet’? Reflections On The Remarks Of Attorney General Merrick B. Garland And Assistant Attorney General Kenneth A. Polite Jr. At The ABA Institute On White-Collar Crime
Earlier this month, at the annual institute on white-collar crime run by the American Bar Association, Attorney General Merrick B. Garland and Assistant Attorney General for the Criminal Division Kenn...
Cyber crime up as hackers use Ukraine war as distraction
Online hackers have been more active since Russian forces invaded neighboring Ukraine in late February, CrowdStrike CEO George Kurtz told CNBC’s Jim Cramer on Tuesday. In an interview on “...
Crypto Transaction Mixers Targeted by UK Crime Agency
The UK’s national law enforcement agency wants more stringent regulation for crypto protocols that enable transaction activity to be hidden. According to the National Crime Agency, decentralized mixer...
Oil suffers ‘spectacular’ collapse, falls into bear market territory just 5 days after settling at nearly 14-year highs
U.S. and global benchmark crude oil entered bear market territory on Tuesday, just five trading days after they settled at their highest prices since 2008. “The collapse has been spectacular,” Fawad R...
UK Crime Agency Wants to Regulate Crypto Transaction Mixers
Crypto mixer, which can obfuscate data linking a user to certain transactions, is designed to preserve privacy. But it also makes an obvious hotbed for all sorts of illicit activities. Hence, governme...
What a Russia debt default would mean for financial markets as Ukraine invasion continues
The threat of a Russian default on sovereign debt is seen near, but investors so far aren’t panicking over any potential hit to global financial markets. “While a default would be symbolic, it seems u...
Tencent Stock Sinks on Report of Record Money-Laundering Fine
Text size Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Noel Celis/AFP via Getty Images Tencent Holdings dropped almost 10% after The Wall Street Journal report...
Justin Sun Rubbishes ‘Financial Crime’ Allegations, but Can Tron Remain Resilient?
Tron founder Justin Sun has been alleged of violating several international laws in a recent report by The Verge. Citing sources and internal documents, the paper alleged that Sun was involved in mark...
FBI takes precautions as crypto crime increases 80%. Are the figures as bleak as they sound?
The FBI has been very active on crypto-related crimes throughout 2021. They have announced safety tips for crypto enthusiasts, noticed the increasing fraud in crypto ATMs, and took action to increase ...