Malone Lam, 20, and Jeandiel Serrano, 21, schemed to obtain 4,100 Bitcoin from a single victim, federal prosecutors said.
Category: Frauds and Swindling
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Caroline Ellison, Star Witness in FTX Case, Should Receive Lenient Sentence, Prosecutors Signal
Ms. Ellison, Sam Bankman-Fried’s former girlfriend and a top executive in his empire, is set to be sentenced on Sept. 24 for her role in the collapse of the crypto exchange.
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FTX Founder Sam Bankman-Fried Files Appeal to Overturn Fraud Conviction
Mr. Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange, was convicted last fall and is serving a 25-year sentence in prison.
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He Was Lured by a Promising Job, but Was Forced to Scam People
A Ugandan man named Jalil Muyeke traveled to Thailand for a promising job opportunity. He ended up being trafficked into a cybercrime operation.
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Hewlett Packard to Pursue $4 Billion Claim Against Mike Lynch’s Estate
The money is tied to a lawsuit in Britain by the tech services giant over its acquisition of Autonomy, the software firm Mr. Lynch founded. He died last month.
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Former Volkswagen Chief Executive Faces Trial in Emissions Case
Nine years after the carmaker admitted to concealing emissions on a massive scale, Martin Winterkorn will be tried in a German court.
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Crypto Lobbyist Charged With Breaking Campaign Finance Rules
The charges against Michelle Bond, the former head of a crypto industry trade group, are part of the continuing legal fallout from the collapse of the FTX crypto exchange.
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Missouri Woman Charged in Scheme to Sell Graceland
A woman named Lisa Jeanine Findley was arrested and accused of a brazen effort to foreclose on Elvis Presley’s home in Memphis.
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How to Avoid Online Scams and What to Do if You Become a Victim
Here are tips on how to dodge some of the most devastating schemes and what to do if you or someone you care about becomes ensnared.
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How to Spot 3 Common Travel Scams and Avoid Them
Our columnist addresses a case of wire fraud, a credit card scheme and a dubious website — just three examples of the types of reader woe that regularly surface in the Tripped Up inbox.
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Scammers Are Targeting Older Americans and Their Retirement Savings
Criminals on the internet are increasingly going after Americans over the age of 60 because they are viewed as having the largest piles of savings.
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Memecoins, Cryptocurrencies Based on Internet Memes, Roar Back
One of the wildest, most scam-ridden corners of the cryptocurrency industry — memecoins, which are rooted in internet memes — has roared back.