Category: Frauds and Swindling

JPMorgan Had to Pay for Charlie Javice’s Legal Fees — and Her Restaurant Bills

When prosecutors accused Charlie Javice of fraud, JPMorgan was forced to pay for her defense. The bank is not happy about her “shocking” spending.
Man Accused of Running Southeast Asia Scam Compound Is Extradited to China

China and the United States say She Zhijiang, a Chinese-born businessman, ran a major scam compound in Myanmar. He was arrested in Bangkok in 2022.
Brash Investor in Global Soccer Clubs Is Charged With Fraud

Josh Wander, a Miami businessman, drew scrutiny after buying soccer teams on three continents through 777 Partners, which collapsed after facing spiraling accusations of wrongdoing.
Spam and Scams Proliferate in Facebook’s Political Ads

A new analysis of political advertisers found that the platform profits from ads that include deepfakes and other content prohibited by its own policies.
Charlie Javice Sentenced to 85 Months in Prison for Fraud

A federal jury in March had found Ms. Javice guilty for faking customer lists during JPMorgan Chase’s $175 million acquisition of her start-up.
LimeWire, the Former File-Sharing Service, Is Buying Fyre Festival Brand

The streaming service, which became popular in the 2000s, paid $245,000 for the festival naming rights. It’s unclear what exactly it plans to do with the embattled brand.
Deception? Conflicting Paperwork? Clerical Error? How a Politician’s Mortgages Can Get Muddy

Mortgage fraud allegations, like those President Trump has leveled against Lisa Cook, are hard to prove. A New York Times review of the holdings of other Washington officials shows how multiple mortgages can invite questions even when people act properly.
In Some Records, Fed Governor Lisa Cook Listed Atlanta Home as Secondary

The Trump administration has sought to block Lisa Cook from the Federal Reserve meeting on interest rates this coming week.
The Doctors Are Real, but the Sales Pitches Are Frauds

Scammers are using A.I. tools to make it look as if medical professionals are promoting dubious health care products.
Lafufus, Fake Labubus, Spawn Safety Warning and Raids

The dupes of the cute-ugly toys have left consumer complaints and warnings about safety risks and potentially hazardous chemicals in their wake.
Sean Kingston Is Sentenced to 3½ Years in $1 Million Fraud Scheme

A Florida jury convicted the hip-hop artist and his mother in a federal fraud case that centered on luxury goods, which prosecutors said that Mr. Kingston did not pay for.
Crypto Entrepreneur Who Caused 2022 Market Crash Pleads Guilty to Fraud

Do Kwon, who created the Luna and TerraUSD cryptocurrencies that collapsed in 2022, pleaded guilty to two counts of fraud, capping a spectacular fall from grace.