The raids were part of a widening investigation spanning four continents and involving dozens of banks in an alleged scheme to avoid paying taxes. Read More
Frauds and Swindling
Trending topics and news from the Frauds and Swindling category
Back to news homeA Tangled Tale of Gun Parts, Identity Theft and the Ease of Buy Now, Pay Later
In late summer, a delivery service dropped off two packages containing $5,000 in gun parts and accessories at a house in Chino Hills, a community in Southern California.The packages, containing […]
Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets
When shares of the Adani Group, until recently India’s largest conglomerate, began their free fall late last month, shedding more than $100 billion in days, some observers worried that the […]
Gautam Adani’s Rise Was Intertwined With India’s. Now It’s Unraveling.
Gautam Adani began the year as one of the richest men who ever lived, an upstart billionaire whose conglomerate, one of India’s largest, had surged in value by 2,500 percent […]
The Unknown Hedge Fund That Got $400 Million From Sam Bankman-Fried
Not long before FTX collapsed in November, its founder, Sam Bankman-Fried, sent $400 million to an obscure cryptocurrency trading firm called Modulo Capital.The fledgling firm, which was founded in March […]
JPMorgan Paid $175 Million for a Business It Now Says Was a Scam
There, she was on financial aid, and she found the forms confusing. So did her parents, according to an interview she gave to Diversity Woman magazine — including her father, […]
Sam Bankman-Fried Responds to Fraud Charges: ‘I Didn’t Steal Funds’
Sam Bankman-Fried, the disgraced cryptocurrency executive, on Thursday made his first detailed response to the criminal charges filed against him last month, arguing that the millions of customers of his […]
With Many Retailers Offering Online Sales, Phony Sites Blend In
Stacie Odeneal, a 43-year-old child-welfare lawyer in Lawrenceburg, Tenn., and mother of three, does most of her shopping on Instagram and Facebook because she finds it convenient. Late on the […]
Caroline Ellison Says She Is ‘Truly Sorry’ for Her Role in FTX Collapse
A former top executive at a trading firm closely tied to FTX said she was “truly sorry” for defrauding customers, investors and lenders in pleading guilty to criminal charges stemming […]
FTX Founder Sam Bankman-Fried Released on $250 Million Bond
Sam Bankman-Fried, the disgraced former cryptocurrency executive, was granted release from federal custody in a Manhattan court on Thursday under highly restrictive bail conditions, including a $250 million bond secured […]