Saturday, September 18, 2021

Fraud

London High Court orders Binance to trace hackers behind $2.6 million hack

London's High Court has ordered Binance, one of the world's largest cryptocurrency exchanges, to identify hackers and freeze their accounts after one user said it was the victim of a $2.6 million hack. In a judgment made public this week,...

Former Mayor of Adelanto arrested on fraud and bribery charges

The former Mayor of Adelanto, Richard Allen Kerr, was arrested by FBI agents at his home today on wire fraud and bribery charges alleging illicit payments for the support of commercial marijuana activity, officials said. According to a US Department of Justice...

Mexico probes energy trader Vitol over false import documents

Mexico's government is investigating the world's largest independent energy trader Vitol over "irregularities" in the documenting of its refined oil products entering Mexico that could lead to criminal charges for tax evasion, the country's tax chief told Reuters. The probe...

Ohio AG adds FirstEnergy ex-CEO to racketeering lawsuit

The attorney general of Ohio on Thursday moved to add new defendants to his state lawsuit against FirstEnergy Corp, including the company's ex-chief executive Charles Jones who was fired last year in connection with a bribery scandal at the...

Former South Dakota attorney sentenced for money laundering, fraud

A former South Dakota attorney has been sentenced for wire fraud, money laundering and bank fraud. Acting U.S. Attorney Dennis Holmes said in a statement Thursday that Rena Hymans has been sentenced to 30 months in federal prison and ordered...

Former MyPayrollHR CEO sentenced to 12 years for $100 million bank fraud

U.S. District Judge Lawrence E. Kahn on Wednesday sentenced the former chief executive officer of MyPayrollHR's parent company to 12 years in prison for running a bank fraud scheme that caused more than $100 million in losses and misappropriating...

Former Nike marketing manager sentenced for embezzling $1.5 million

A federal judge sentenced former Nike marketer Errol Andam to 31 months in prison Tuesday, saying that the admitted fraudster’s crimes were not an isolated incident of temptation and bad judgment. “This was not a momentary lapse,” said U.S. District...

German socialite art collector jailed for fraudulent art deals

Angela Gulbenkian, the 39-year-old German socialite who orchestrated fraudulent art deals to fund a lavish lifestyle, has been sentenced to three and a half years in prison. The sentence came in London’s Southwark Crown Court, where, earlier this month,  Gulbenkian...

South Korea reopen probe into alleged fraud case involving Bithumb

Police have reopened an investigation into an alleged fraud case involving a former chairman of the operator of South Korea's largest cryptocurrency exchange Bithumb, informed officials said Monday. The Seoul Metropolitan Police Agency has been probing Lee Jung-hoon, former chairman...

Nigeria’s top police officer linked to Instagram celebrity Hushpuppi in US fraud case

Deputy Commissioner of Police, Abba Kyari, has been linked to the celebrated fraudster, Ramon Olorunwa Abbas, also known as Ray Hushpuppi, who is presently facing trial for fraud in a United States court. Hushpuppi, in an indictment unsealed by the...

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Kenyan court sentenced former sports minister to six years for corruption

A Kenyan court on Thursday sentenced a former sports minister to six years in prison after finding him guilty...