Million Dollar Fraud
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Indian Engineer Steals $1 Million To Fund Poker Addiction, Lands In New Zealand Jail
Million Dollar Poker Theft: Indian-origin engineer Shyamal Shah was jailed in New Zealand for stealing nearly NZ$1 million (Rs 5.16 Crore) from his employer to fund a destructive poker gambling addiction.
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2 Indian Students Get Jail In Multi-Million Dollar Fraud Schemes In US
Two Indian nationals studying in the United States have been sentenced to federal prison in separate but similar fraud cases involving elaborate scams that targeted elderly Americans and resulted in millions of dollars in losses.
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Trump Owes $454 Million For Fraud, But Can He Actually Pay It?
Donald Trump is up against a fast-approaching deadline to secure a half-billion dollar bond as he appeals his financial fraud case, facing possible bankruptcy or the seizure of his assets if he fails.
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Indian-American Jeweller Charged In Multi-Million Dollar Trade Fraud
An Indian jeweller has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said.
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3 Arrested For Cheating Several US Citizens Of $20 Million: Delhi Cops
Three people, including the main accused, were arrested by the Delhi Police for allegedly defrauding several US citizens of more than 20 million dollars by posing as a senior Drug Enforcement Agency official.
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Indian-Origin Man In Canada Pleads Guilty To Stealing $47 Million: Report
An Indian-origin former Ontario government employee has been sentenced to 10 years in prison after he pleaded guilty to stealing 47.4 million dollars from the Canadian provincial government, said a report.
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My Big Coin Founder Gets 8-Year Jail Term for Crypto Fraud, Ordered to Pay $7.7 Million
Randall Crater, founder of a now-defunct cryptocurrency business, was sentenced to more than eight years in prison for defrauding investors and customers out of millions of dollars by falsely marketing My Big Coin, a virtual currency. Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million (roughly Rs. 63 crore),...
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"Where's The Money Gone?": Jamaicans Ask After Bolt Fraud Case
The investigation into a multi-million dollar fraud at the Kingston-based investment firm Stocks and Securities Limited (SSL), which has reportedly seen Bolt's $12 million account left almost empty, is dominating discussion in the Caribbean nation.
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Hackers Stole $415 Million In Cryptocurrency After Bankruptcy: FTX Chief
FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.
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US Judge Fines Trump Organisation 1.6 Million Dollars For Tax Fraud
A US judge today fined the Trump Organization $1.6 million for tax fraud.
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Sam Bankman-Fried Said to Be Prepared to Enter Not Guilty Plea in US FTX Fraud Case
Sam Bankman-Fried is said to be prepared to enter a plea of not guilty in the criminal fraud case at a Manhattan court on Tuesday. He is charged with cheating investors and looting billions of dollars at his now-bankrupt FTX cryptocurrency exchange. He was extradited to the US from the Bahamas last month, and was set free on $250 million bond
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"It Is Unacceptable": Shakira Blasts Spanish Authorities Amid Tax Fraud Case
The Colombian singer stated that "inappropriate measures" had been employed to harm her reputation and pressure her into entering into a settlement agreement. She insisted that she would not be entering into any agreements and that she would instead
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Bitcoin Patron Michael Saylor and MicroStrategy Face US Lawsuit Over Tax Fraud Allegations
MicroStrategy CEO Michael Saylor is facing a lawsuit on allegations of tax fraud, Washington D.C. Attorney General Karl Racine announced Wednesday. Racine added that Washington D.C. was also suing MicroStrategy "for conspiring to help [Saylor] evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC."
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Crypto Lender Celsius Network Sued by Former Investment Manager Alleging Fraud
Crypto lender Celsius Network was served with lawsuit by a former investment manager, Jason Stone, accusing the firm of using customer deposits to rig the price of its own crypto token. Celsius allegedly ran a Ponzi scheme to defraud the plaintiff KeyFi into providing services worth millions of dollars and refusing to pay for them.
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US SEC Presses Charges Against Siblings for Cryptocurrency Fraud Worth $124 Million
The US SEC has filed criminal charges against a cryptocurrency executive and civil charges against him and his sister, accusing them of defrauding retail investors out of millions of dollars with a digital token known as Ormeus Coin.
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Indian Engineer Steals $1 Million To Fund Poker Addiction, Lands In New Zealand Jail
Million Dollar Poker Theft: Indian-origin engineer Shyamal Shah was jailed in New Zealand for stealing nearly NZ$1 million (Rs 5.16 Crore) from his employer to fund a destructive poker gambling addiction.
-
2 Indian Students Get Jail In Multi-Million Dollar Fraud Schemes In US
Two Indian nationals studying in the United States have been sentenced to federal prison in separate but similar fraud cases involving elaborate scams that targeted elderly Americans and resulted in millions of dollars in losses.
-
Trump Owes $454 Million For Fraud, But Can He Actually Pay It?
Donald Trump is up against a fast-approaching deadline to secure a half-billion dollar bond as he appeals his financial fraud case, facing possible bankruptcy or the seizure of his assets if he fails.
-
Indian-American Jeweller Charged In Multi-Million Dollar Trade Fraud
An Indian jeweller has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said.
-
3 Arrested For Cheating Several US Citizens Of $20 Million: Delhi Cops
Three people, including the main accused, were arrested by the Delhi Police for allegedly defrauding several US citizens of more than 20 million dollars by posing as a senior Drug Enforcement Agency official.
-
Indian-Origin Man In Canada Pleads Guilty To Stealing $47 Million: Report
An Indian-origin former Ontario government employee has been sentenced to 10 years in prison after he pleaded guilty to stealing 47.4 million dollars from the Canadian provincial government, said a report.
-
My Big Coin Founder Gets 8-Year Jail Term for Crypto Fraud, Ordered to Pay $7.7 Million
Randall Crater, founder of a now-defunct cryptocurrency business, was sentenced to more than eight years in prison for defrauding investors and customers out of millions of dollars by falsely marketing My Big Coin, a virtual currency. Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million (roughly Rs. 63 crore),...
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"Where's The Money Gone?": Jamaicans Ask After Bolt Fraud Case
The investigation into a multi-million dollar fraud at the Kingston-based investment firm Stocks and Securities Limited (SSL), which has reportedly seen Bolt's $12 million account left almost empty, is dominating discussion in the Caribbean nation.
-
Hackers Stole $415 Million In Cryptocurrency After Bankruptcy: FTX Chief
FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.
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US Judge Fines Trump Organisation 1.6 Million Dollars For Tax Fraud
A US judge today fined the Trump Organization $1.6 million for tax fraud.
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Sam Bankman-Fried Said to Be Prepared to Enter Not Guilty Plea in US FTX Fraud Case
Sam Bankman-Fried is said to be prepared to enter a plea of not guilty in the criminal fraud case at a Manhattan court on Tuesday. He is charged with cheating investors and looting billions of dollars at his now-bankrupt FTX cryptocurrency exchange. He was extradited to the US from the Bahamas last month, and was set free on $250 million bond
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"It Is Unacceptable": Shakira Blasts Spanish Authorities Amid Tax Fraud Case
The Colombian singer stated that "inappropriate measures" had been employed to harm her reputation and pressure her into entering into a settlement agreement. She insisted that she would not be entering into any agreements and that she would instead
-
Bitcoin Patron Michael Saylor and MicroStrategy Face US Lawsuit Over Tax Fraud Allegations
MicroStrategy CEO Michael Saylor is facing a lawsuit on allegations of tax fraud, Washington D.C. Attorney General Karl Racine announced Wednesday. Racine added that Washington D.C. was also suing MicroStrategy "for conspiring to help [Saylor] evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC."
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Crypto Lender Celsius Network Sued by Former Investment Manager Alleging Fraud
Crypto lender Celsius Network was served with lawsuit by a former investment manager, Jason Stone, accusing the firm of using customer deposits to rig the price of its own crypto token. Celsius allegedly ran a Ponzi scheme to defraud the plaintiff KeyFi into providing services worth millions of dollars and refusing to pay for them.
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US SEC Presses Charges Against Siblings for Cryptocurrency Fraud Worth $124 Million
The US SEC has filed criminal charges against a cryptocurrency executive and civil charges against him and his sister, accusing them of defrauding retail investors out of millions of dollars with a digital token known as Ormeus Coin.
