The FTX founder’s uphill court battle starts Tuesday, after he has come to symbolize everything that went wrong with the cryptocurrency industry.
Category: Frauds and Swindling
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Properties Trump May Lose Control of in New York Fraud Case
If a judge’s ruling stands, former President Donald J. Trump could lose control of several of his properties.
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You’ve Got (Scam) Mail
Is everyone being swindled all the time and just not talking about it?
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Former Wells Fargo Executive Avoids Prison in Sham Accounts Scandal
Prosecutors had sought a year of incarceration, which they said would be a deterrent to other corporate executives.
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I.R.S. Freezes Pandemic-Era Tax Credit Amid Fraud Fears
The tax agency is ramping up audits and criminal investigations into unscrupulous promoters of the Employee Retention Credit.
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Pandemic Fraud May Have Robbed Unemployment Insurance of $135 Billion
As much as 15 percent in unemployment benefits paid during the pandemic could have been fraudulently obtained, according to a Government Accountability Office report.
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A Fashion Show at Anna Delvey’s House? Is That What It Takes?
Shao took a novel approach to attracting an audience for its debut.
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Bread, Water and Peanut Butter: Sam Bankman-Fried’s Life in Jail
Mr. Bankman-Fried, founder of the failed cryptocurrency exchange FTX, has protested his conditions at Brooklyn’s Metropolitan Detention Center as he awaits trial on fraud charges.
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Voice Deepfakes Are the Latest Threat to Your Bank Balance
Artificial intelligence tools have given scammers a potent weapon for trying to trick people into sending them money.