Rupert Stadler, a former member of Volkswagen’s management board, would be the highest-ranking executive to confess wrongdoing in a case that rocked the industry.
Category: Frauds and Swindling
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F.B.I. Searches Home of Top FTX Executive
Ryan Salame, a former top FTX executive and a prolific Republican donor, faces mounting legal pressure for his role in Sam Bankman-Fried’s business empire.
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The End of Faking It in Silicon Valley
Recent charges, convictions and sentences all indicate that the start-up world’s habit of playing fast and loose with the truth actually has consequences.
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S.E.C. Charges Frank Founder Charlie Javice for Defrauding JPMorgan Chase
Charlie Javice, the 31-year-old founder of Frank, a college financial planning company, was sued by JPMorgan Chase for falsifying customer data.
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Prosecutors Raid France’s Biggest Banks in Tax Fraud Sweep
The raids were part of a widening investigation spanning four continents and involving dozens of banks in an alleged scheme to avoid paying taxes.
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What It’s Like to Become a Caregiver to Your Parents in Your 20s
Many adult children end up caring for their parents late in life. But when the role reversal happens in their 20s and 30s, the burden can feel too much to bear.
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Short Seller Accuses Jack Dorsey’s Block of Facilitating Fraud
Shares of the financial tech company plunged after Hindenburg Research said it had failed to stamp out illegal activity on its platforms, including drug sales and sex trafficking.
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Wells Fargo’s Carrie Tolstedt Pleads Guilty and Faces Prison
Carrie L. Tolstedt, who ran the bank’s retail branches, faces up to 16 months in prison for obstructing a bank examination.
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Check Fraud Is on the Rise. Here’s What You Can Do to Prevent It.
Even as fewer people use paper checks, there have been more reports of criminals stealing them from mailboxes and changing the dollar amount and name of the recipient, officials say.
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A Tangled Tale of Gun Parts, Identity Theft and the Ease of Buy Now, Pay Later
Seung Song said his identity was stolen and used to buy $5,000 worth of gun components from an online dealer using a buy now, pay later service.
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‘It’s Disgusting’: The Con Artists Who Exploit Mass Shootings
After a gunman killed three students at Michigan State University in February, unlicensed “Spartan Strong” merchandise appeared for sale online. Experts said it’s part of a familiar pattern.