Frauds and Swindling – Page 4

Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender

Carlos Watson, who started the now-defunct digital media company, had been sentenced to almost 10 years in prison for trying to defraud investors and lenders.

By Danielle Kaye Maggie Haberman and Tyler Pager

Banking and Financial Institutions Decisions and Verdicts Financial Aid (Education) Frank (TAPD LLC) Frauds and Swindling Javice, Charlie JPMorgan Chase & Company Mergers, Acquisitions and Divestitures Start-ups

Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition

Federal prosecutors convinced a jury that Ms. Javice faked much of her customer list before selling her start-up, Frank, to the bank.

By Ron Lieber

Argentina Currency Frauds and Swindling Ponzi and Pyramid Schemes San Pedro, Argentina Virtual Currency

How a Crypto Craze Swept An Argentine Town

In San Pedro, Argentina, 16,000 people, a fifth of the population, signed up for a cryptocurrency exchange where everyone won. Until they didn’t.

By David Segal and Victor Moriyama

Bankruptcies Credit and Debt Frauds and Swindling Income Tax Internal Revenue Service Pensions and Retirement Plans Personal Finances Tax Credits, Deductions and Exemptions Tax Cuts and Jobs Act (2017)

Scammers Stole Their Retirement Savings. Then the Tax Bill Arrived.

The victims pulled money out of their retirement accounts. The withdrawals had inflated their taxable income, even though the funds quickly disappeared.

By Tara Siegel Bernard