The defendant in a widespread cryptocurrency fraud case has been living in a “garden of electronic devices,” the judge says. Tighter restrictions are ahead.
Category: Frauds and Swindling
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As $1.6 Million in Rare Photos Vanished, the Excuses Piled Up
The F.B.I. says a gallery owner made up medical emergencies, including a double lung transplant and a coma, as part of a criminal scheme to swindle older collectors.
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Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets
The steadfastness of India’s economy attests to the size and seeming strength of the country’s broader business landscape.
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Gautam Adani’s Rise Was Intertwined With India’s. Now It’s Unraveling.
The tycoon often said the Adani Group’s goals were in lock step with India’s needs. Now, the company’s fortunes are crashing, a collapse whose pain will be felt across the country.
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U.S. Retirees Lost Millions to Romance Scams During Pandemic Isolation
Con artists are using dating sites to prey on lonely people, particularly older ones, in a pattern that accelerated during the isolation of the pandemic, federal data show.
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Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person.
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How Sites Like Tripadvisor and Yelp Are Fighting Fake Reviews
Third parties pay writers for posts praising or panning hotels, restaurants and other places they never visited. How review sites like Yelp and Tripadvisor are trying to stop the flood.
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The Unknown Hedge Fund That Got $400 Million From Sam Bankman-Fried
After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder’s huge investment in Modulo Capital.
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JPMorgan Paid $175 Million for a Business It Now Says Was a Scam
Charlie Javice promised to simplify the college financial aid process. It was a compelling pitch. Especially, as now seems likely, to those with little firsthand knowledge of financial aid.
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The Costuming of George Santos
Throughout history, clothes have maketh the con man.
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Sam Bankman-Fried Makes First Detailed Response to Fraud Charges
The disgraced founder of the crypto exchange FTX denied that he stole anyone’s money and said customers could still get their deposits back.