Federal prosecutors have filed charges against a second former executive of college financial-planning startup Frank. They have indicted Olivier Amar, former chief growth officer of Frank, in connection with fraud related to JPMorgan Chase & Co.’s $175 million acquisition of the company, Bloomberg reported Wednesday...
Cryptocurrency including Bitcoin was allegedly used to launder more than $5.35 million for a drug trafficking organization in a conspiracy that included the reported distribution of counterfeit pharmaceutical pills and other controlled substances. John Khuu, 27, from San Francisco, California, was indicted on charges of...
Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The suit was filed in New York, reported the Financial Times (FT), on behalf of the International Petroleum Investment Company (IPIC) and seeks unspecified damages...
Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of millions of pounds in losses — in just the first half of 2018. Elsewhere, the former CFO of Bankrate gets jail time for accounting...
November 15, 2023
A 19-year-old man from Madison, Wisconsin, has pleaded guilty to conspiracy to commit computer intrusion. Joseph Garrison, along with his co-conspirators, orchestrated a scheme to hack user accounts at a fantasy sports and betting website, the U.S. Attorney’s Office, Southern District of New York said in a Wednesday (Nov. 15) press release. Their motive was to gain unauthorized […]
July 12, 2023
Federal prosecutors have filed charges against a second former executive of college financial-planning startup Frank. They have indicted Olivier Amar, former chief growth officer of Frank, in connection with fraud...
October 07, 2022
Cryptocurrency including Bitcoin was allegedly used to launder more than $5.35 million for a drug trafficking organization in a conspiracy that included the reported distribution of counterfeit pharmaceutical pills and...
November 21, 2018
Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The suit was filed in New York, reported the...
