In a civil action, prosecutors in Colorado said that a Denver pastor and his wife created and sold a cryptocurrency that was “practically worthless” and then pocketed more than $1 million.
Category: Frauds and Swindling
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At Art Fraud Trial, Sotheby’s Is Pressed on Role in Sales to Russian Oligarch
The auction house is accused of helping an art dealer who the oligarch says defrauded him in several sales. A Sotheby’s specialist involved in some of the transactions defended his conduct.
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Phantom Artists Stole Their Songs. They Couldn’t Get Them Back.
Bad Dog, a group from D.C., was forced to take a crash course in streaming fraud, a shadowy realm that costs musicians $2 billion a year.
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What to Know About Writing Checks While Preventing Fraud
Should you keep a separate checking account for writing checks? Is there a specific pen you should use? We answer some reader questions.
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E.V. Start-up Founder Could Get Prison Term in Fraud Case
Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business.
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Amazon Suit Claims International Ring Stole Millions in Fraudulent Refunds
The online retailer said that a shadowy organization bribed Amazon employees to help carry out fraudulent returns of expensive electronics, luxury goods and gold.
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Check Fraud Is Rising and the Thieves Are Winning
Although check usage has declined in the last couple of decades, check fraud has risen sharply, creating a problem for banks — and customers trying to pay their bills.
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How Stolen Checks Are Sold and Bought Online
One reason this fraud is rampant: Open forums where anyone can buy checks that thieves have taken from the mail.