If it hadn’t been so excruciatingly sad, Alex Jones’s defamation trial might have been cathartic.Mr. Jones, the supplement-slinging conspiracy theorist, was ordered to pay more than $45 million in damages […]
Frauds and Swindling
Trending topics and news from the Frauds and Swindling category
Back to news homeTheranos Executive Ramesh Balwani Found Guilty of 12 Counts of Fraud
SAN JOSE, Calif. — Ramesh Balwani, a former top executive at Theranos, was found guilty on Thursday of 12 counts of fraud, in a verdict that was more severe than […]
Government to Cancel $6 Billion in Student Loans for Defrauded Borrowers
Around 200,000 former students who attended schools that they said defrauded them will have $6 billion in federal loans canceled under a sweeping settlement announced on Wednesday, the latest move […]
When Customers Say Their Money Was Stolen on Zelle, Banks Often Refuse to Pay
Argelys Oriach was on his way home from a shopping trip one evening in March when he was robbed at gunpoint. The thief demanded his iPhone and passcode. Mr. Oriach […]
How to Spot Scams That Mimic the IRS or Charities
Fraud is a year-round activity, but tax season brings an uptick in calculated schemes to steal money and personal information through spoofed messages and other means. Cybersecurity firms have also […]
Fraud Is Flourishing on Zelle. The Banks Say It’s Not Their Problem.
Another Wells Fargo customer, Julia Gibson, lost $2,500 to a similar scam in October. After she reported the fraud to the bank, it gave her a provisional credit for the […]
Crypto Scammers Target Dating Apps
The man from the dating app Hinge checked all of Tho Vu’s boxes.He was a boyishly handsome architect from China, staying in Maryland on a long-term assignment. They had never […]
Navient’s $1.7 Billion Student Loan Settlement Was Too Good to Be True
After years of struggling to make payments that hardly put a dent in the loans she took out to attend a now defunct arts school, Victoria Linssen saw a glimmer […]
Why Silicon Valley Can’t Escape Elizabeth Holmes
SAN JOSE, Calif. — In 2016, start-up founders sang, “Theranos doesn’t represent, we are better,” in a holiday video created by the venture capital firm First Round Capital.Over the next […]
The Epic Rise and Fall of Elizabeth Holmes
Tech Nation’s host, Moira Gunn, has a master’s degree in computer science and a doctor of philosophy in mechanical engineering, but she was dazzled. “How old are you, Elizabeth?” she […]