Business
Whiskey Fraud Strikes Britain and Ireland
There are some 48,000 barrels of Scotch whisky quietly aging in Martin Armstrong’s warehouses in southwestern Scotland. Last year, 17 of…
Tag
Frauds and Swindling
News
Some Online Scam Victims Can Now Seek Tax Relief on Firmer Ground
Victims of sophisticated online scams are often dealt a double whammy. Not only is their money forever gone, but these stolen sums often…
Politics
Social Security Rolls Back Restrictions on Filing for Benefits by Phone
The Social Security Administration said on Tuesday that people seeking retirement or survivor benefits could continue to file applications…
Lifestyle
How Will Charlie Javice Teach Pilates in an Ankle Monitor?
A striking and headline-making fraud case resulted in a conviction last Friday, when Charlie Javice was found guilty in federal court of…
News
Trump Commutes Ozy Media Founder’s Sentence Just Before His Surrender
President Trump on Friday commuted the sentence of Carlos Watson, a co-founder of the now-defunct digital media company Ozy Media, on the…
Business
Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition
Charlie Javice, who made big headlines in 2023 when JPMorgan Chase accused her of faking her start-up’s customer list, was found guilty in…
Business
The Cryptocurrency Scam That Turned a Small Town Against Itself
In the Wichita courtroom, Hanes offered his only public reflection on the bank collapse. Wearing a gray suit, he walked up to the lectern,…
News
Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
Some people binge-watched shows during the Covid pandemic. Others picked up pickleball. But according to federal prosecutors, one Las…
Business
Financial Advice on Social Media Is Growing. And Risky.
Amy Ryan was panicking about her savings when she went online for advice. It was April 2020, and the stock market had plunged, draining a…
Business
Cash App Ordered to Pay $255 Million in Penalties Over Fraud
Cash App, the smartphone payments tool that allows instant money transfers and is popular with young people, has made billions in profits…
Business
Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Toyota Motors’ trucking unit has agreed to plead guilty to criminal charges and pay $1.6 billion in civil and criminal penalties for…
Politics
Cookies, Cocktails and Mushrooms on the Menu as Supreme Court Hears Bank Fraud Case
In a lively Supreme Court argument on Tuesday that included references to cookies, cocktails and toxic mushrooms, the justices tried to…
Business
Former MoviePass Executive Pleads Guilty to Fraud Over ‘Unlimited’ Plan
Theodore Farnsworth, the former chief executive of the parent company of MoviePass, pleaded guilty to securities fraud on Tuesday after…
Business
How a Businessman Fleeing Fraud Charges Built a Life Offshore
Around midday on Feb. 2, a large wave began its slow rumble toward the Aisland 1, an 800-ton deck barge floating in the waters between…