Archegos Founder Bill Hwang Is Sentenced to 18 Years
Mr. Hwang was convicted in July for his role in the collapse of his investment firm that caused roughly $10 billion in losses for several Wall Street banks.
Posted inBankman-Fried, Sam Computers and the Internet Decisions and Verdicts Frauds and Swindling HK FTX Trading Ltd (Futures Exchange) Virtual Currency Wang, Zixiao (Gary)
Gary Wang, a Top FTX Executive, Is Given No Prison Time
Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.
Posted inDecisions and Verdicts Detroit (Mich) Detroit Riverfront Conservancy Embezzlement Federal Bureau of Investigation Frauds and Swindling Money Laundering Nonprofit Organizations Smith, William A.
Ex-Officer of Detroit Nonprofit Pleads Guilty to Stealing More Than $40 Million
William A. Smith, the former chief financial officer for the Detroit Riverfront Conservancy, was accused of embezzling funds meant to support efforts to beautify the city’s waterfront.
Posted inAutonomy Corp PLC Boats and Boating Clifford Chance Deaths (Fatalities) Decisions and Verdicts Frauds and Swindling Hewlett Packard Enterprise Company Lynch, Michael Richard (1965- ) Maritime Accidents and Safety Morvillo, Christopher J
Their Lives Were Bound by a Fraud Case; Their Fates by a Sinking Yacht
Mike Lynch and Christopher Morvillo spent 12 years together fighting a legal battle over two continents. Their victory celebration ended in tragedy.