Frauds and Swindling

Fed Removes Shackle Imposed on Wells Fargo After Series of Scandals

For seven years, the bank was forbidden to grow as punishment for misconduct including creating fraudulent bank accounts and mistakenly seizing homes.

By Stacy Cowley

401(k), 403(b) and 457 Plans Banking and Financial Institutions Checks and Checking Accounts Frauds and Swindling Personal Finances

A Paychex 401(k) Rollover Leads to a Six-Figure Theft at Chase Bank

A thief stole 401(k) checks out of the mail. But why was Paychex, a major industry player, using paper at all given how often check fraud happens?

By Ron Lieber

Blood Evans, William "Billy" Frauds and Swindling Holmes, Elizabeth (1984- ) Inventions and Patents Private Equity Start-ups Tests (Medical) Theranos Inc Venture Capital Veterinary Medicine

Elizabeth Holmes’s Partner Has a New Blood-Testing Start-Up

Billy Evans has two children with the Theranos founder, who is in prison for fraud. He’s now trying to raise money for a testing company that promises “human health optimization.”

By Rob Copeland

Frauds and Swindling Ireland Scotch (Whiskey) Scotland Securities and Commodities Violations Whiskey

A New, Full-Bodied Fraud Comes in a Whisky Barrel

Small investors in Britain and Ireland have fallen prey to companies selling casks that turn out to be untraceable or nonexistent.

By Clay Risen