Sopa Images | Lightrocket | Getty Images Former executives at MoviePass and its parent company have been charged with fraud, according to a federal indictment that was unsealed Friday. Theodore Farnsw...
Tag: Crime
State attorneys general sue to block Albertsons’ $4 billion dividend payout
The attorneys general of California, Illinois and the District of Columbia are suing Albertsons in an effort to stop the grocery chain from paying a nearly $4 billion dividend to its shareholders. The...
LAPD captain warned CBS about Les Moonves sexual assault claim, NY AG says
Leslie ‘Les’ Moonves, president and chief executive officer of CBS Corp. David Paul Morris | Bloomberg | Getty Images Paramount Global and former CBS chief Les Moonves agreed to make addit...
Crypto crime spree continues with Deribit and Solend hacks
The world of crypto is a minefield of hacks, scams, and rug pulls. The maxim “not your keys, not your coins” advises against trusting centralized exchanges but, as today’s news about crypto exchange D...
Former boxer Goran Gogic charged with trafficking $1 billion worth of cocaine
Goran Gogic of Germany ends up on the floor in the Heavyweight fight against Pedro Carrion during the Arena Boxing Night at the Alterdorfer Sporthalle on December 15, 2006 in Hamburg, Germany. Friedem...
Migos rapper Takeoff killed in Houston shooting, aged 28
Rapper Takeoff of the group Migos performs onstage at the Rolling Loud Festival at NOS Events Center on December 16, 2017 in San Bernardino, California. Images) Scott Dudelson | Getty Images Takeoff, ...
Fake billionaire Justin Costello co-defendant settles SEC complaint
Zoom In IconArrows pointing outwards FBI Poster for Justin Costello FBI The Securities and Exchange Commission has agreed to settle a civil lawsuit against a man accused of five separate penny stock p...
Americans More Worried About Violent Crime As Republicans Make It A Top Midterm Issue
Topline Americans have grown significantly more concerned about becoming victims of violent crime like murder, sexual assault and muggings over the last year, according to a new Gallup poll, as Republ...
$100 million NJ deli defendant makes $2,500 a month from shell company Med Spa
Courtroom sketch of James Patten, left, and attorney Ira Sorkin at N.J. District Court in Camden, N.J., Oct. 11, 2022 Source: Elizabeth Williams One of the men charged in an alleged stock manipulation...
Hawaii couple charged with fraud over Semisub watercraft company
A little girl who is 5 years old is looking through a window inside a submarine. She is looking at the ocean underwater. Shot in Maui, Hawaii. Bradleyhebdon | Istock | Getty Images A Hawaii couple was...
This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market
On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented...
Financial Advisor Pleads Guilty to Fraud After Airport Arrest
A Massachusetts investment advisor has pleaded guilty to multiple counts of fraud and other charges after a failed attempt to flee the country while he was awaiting trial. Steven Xigoros, of Lowell, M...
Crypto Crime Victim and Hacker Team Up to Take on AT&T
Alex Dovbnya A Bitcoin hacker and his millionaire victim are taking on telecommunications giant AT&T Ellis “Baby Al Capone” Pinsky, a hacker who stole millions of dollars’ worth of crypto from ent...
Unit21 Launches Fintech Fraud DAO to Combat Financial Crime With Brex, Chime and PrimeTrust as Early Customers
DAO is expected to process data from 20% of all U.S. fintech customers as part of an effort to help the industry transition from fraud detection to fraud prevention SAN FRANCISCO–(BUSINESS WIRE)–Unit2...
How This New Interpol Team Will Crackdown On Crypto Crime
On the 90th Interpol General Assembly hosted in Delhi, India, the Secretary General for this organization Jurgen Stock, announced the creation of a new team dedicated to crypto crime. The division wil...
Interpol Team Based in Singapore to Help Countries Combat Crypto Crime – Bitcoin News
A special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its ...
Beyond Meat exec Doug Ramsey out after nose bite arrest
Douglas Ramsey Source: Washington County, Arkansas Beyond Meat Chief Operating Officer Doug Ramsey, who had been suspended following an arrest for assault, has left the company. Ramsey left the compan...
3M Earns Quick Appellate Review of Earplug Unit’s Bankruptcy Shield
A federal appeals court granted 3M Co. ’s request to review a bankruptcy judge’s refusal to stop mass injury lawsuits from proceeding against the conglomerate following the chapter 11 filing of its ea...
Migrants May Be Eligible For Crime Victim Visas
Topline A Texas sheriff declared that 49 migrants flown from San Antonio to Martha’s Vineyard last month in a move funded by Florida Gov. Ron DeSantis (R) are crime victims, according to multipl...
FBI found gold, cash on fake billionaire fugitive Justin Costello
Prosecutors on Tuesday asked a California federal judge to jail without bail a recent fugitive accused of a brazen $35 million fraud that involved him falsely telling investors he was a billionaire, a...
$100 million NJ deli case: Defendants plead not guilty
Your Hometown Deli in Paulsboro, N.J. Google Earth CAMDEN, N.J. – Two men charged in an alleged stock-manipulation scheme involving a small-town New Jersey deli pleaded not guilty Tuesday morning. Pet...
CNN Journalists Apologize For Entering Thailand Day Care Center Crime Scene
Chief executive of Uthai Sawan Sub-district Administrative Organization Danaichok Boonsom, talks to … [+] reporters at a police station in Uthai Sawan, north eastern Thailand, Sunday, Oct. 9, 20...
Opinion: Florida’s insurance rates have almost doubled over five years, yet insurance companies are still losing money — and the reason is more insidious than hurricanes
Hurricane risk might seem like the obvious problem, but there is a more insidious driver in this financial train wreck. Finance professor Shahid Hamid, who directs the Laboratory for Insurance at Flor...
California man indicted for laundering crypto in drug trafficking scheme
The Department of Justice announced charges against a California man Friday over allegedly attempting to launder drug trafficking proceeds through crypto channels. John Khuu allegedly distributed fake...
Opinion: 10 powerful (and legal) investing lessons you can learn from the most ruthless Gilded Age robber baron
About the only thing people remember about Jay Gould, the biggest robber of the Robber Barons, is Black Friday, the day in September 1869 when he blew up the stock market – and just about every other ...