Gautam Adani and his associates were accused of paying more than $250 million in bribes to obtain lucrative solar energy contracts.
Category: Frauds and Swindling
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Gary Wang, a Top FTX Executive, Is Given No Prison Time
Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.
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The Broken Promises of a Table Tennis Olympian
Michael Hyatt used his charisma and tales of athletic prowess to persuade a string of women to open up their homes and wallets, leaving them disillusioned, bitter and in debt.
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The Middlemen Linking Migrants in the U.S. to Your Shopping Cart
The incoming Trump administration promises an immigration crackdown. But for years, the on-demand economy has been fueled by unscrupulous staffing agencies exploiting migrant workers.
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Ex-Officer of Detroit Nonprofit Pleads Guilty to Stealing More Than $40 Million
William A. Smith, the former chief financial officer for the Detroit Riverfront Conservancy, was accused of embezzling funds meant to support efforts to beautify the city’s waterfront.
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Their Lives Were Bound by a Fraud Case; Their Fates by a Sinking Yacht
Mike Lynch and Christopher Morvillo spent 12 years together fighting a legal battle over two continents. Their victory celebration ended in tragedy.
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Human in Bear Suit Was Used to Defraud Insurance Companies, Officials Say
Footage of a bear rifling through luxury cars was submitted to insurance companies, which paid out $140,000. But something seemed off.
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Their Parents Are Giving Money to Scammers. They Can’t Stop Them.
One son couldn’t prevent his father from giving about $1 million in savings to con artists, including one posing as a female wrestling star. The two became estranged.
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Customers Say a Vacation Club Managed by Hyatt Tricked Them Into Signing Pricey Contracts
Consumers claim they were duped by a vacation club managed by Hyatt. Some are locked into 40-year, $50,000 contracts that they say offer few rewards.
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Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation
Mr. Singh, who was a top executive in Sam Bankman-Fried’s business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.
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‘Sweet Bobby’ on Netflix Tells the Catfishing Nightmare of Kirat Assi
A new Netflix documentary tells a sinister tale of a decade-long online romance scam, and the devastation that followed.