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...
Tag: Fraud and false statements
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 &...
Consumers lost $5.8 billion to fraud last year — up 70% over 2020
krisanapong detraphiphat | Moment | Getty Images American consumers reported losing more than $5.8 billion to fraud last year, up from $3.4 billion in 2020 (an increase of more than 70%), the Federal ...
Fatburger parent’s stock craters after company discloses investigation into CEO
Pakistani customers eat at a Fatburger outlet in Karachi, Pakistan. Rizwan Tabassum | AFP | Getty Images Shares of Fat Brands cratered more than 20% on Tuesday morning after the Fatburger and Johnny R...
Marine Reservist charged in Jan. 6 Capitol riot sold fake Covid cards, feds say
A stack of COVID-19 Vaccination Record Cards from the CDC. Ben Hasty | MediaNews Group | Getty Images A U.S. Marine Corps Reservist from New York who previously was arrested on charges related to part...
Netflix will do series on accused bitcoin hack money launderers
The bizarre case of a New York couple accused of trying to launder $4.5 billion in bitcoin stolen by a 2016 hack will be the subject of a docuseries on Netflix, the streaming company said Friday. The ...
Companies founded by Martin Shkreli will pay in Daraprim case
Ex-pharmaceutical executive Martin Shkreli arrives at the U.S. District Court for the Eastern District of New York in June, 2017. Getty Images Companies founded by notorious “Pharma Bro” M...
Verdict in case of Theranos founder Elizabeth Holmes has lessons for investors
Sometimes an investment is too good to be true. Take Elizabeth Holmes’ health-care start-up, for example. On Monday, the founder and former CEO of Theranos was found guilty of four charges in he...