fraud

“Smart” crypto money?  Great traders fell in love with Sam Bankman-Fried

“Smart” crypto money? Great traders fell in love with Sam Bankman-Fried

I was shocked when I first learned how a hot mess like Sam Bankman-Fried got away with convincing so many seemingly smart people – big money managers, venture capitalists and all those celebrity ambassadors – that he was such a little investment genius, they should hand over a lot of money for him to play …

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Sam Bankman-Fried says he 'never tried to commit fraud'

Sam Bankman-Fried says he ‘never tried to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, founder and former CEO of now bankrupt crypto exchange FTX, tried to distance himself from suggestions of fraud in his first public appearance since the collapse of his business. losses totaling billions of dollars. Speaking via video link at The New York Times Dealbook Summit with Andrew …

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Auditors in Iraq uncover staggering $2.5 billion tax fraud

Auditors in Iraq uncover staggering $2.5 billion tax fraud

BAGHDAD (AP) — Iraqi auditors have uncovered a massive scheme in which a network of companies and officials embezzled some $2.5 billion from the country’s tax administration, despite layers of safeguards. The scandal is a first test for Iraq’s new government, which was formed late last month after a protracted political crisis. Prime Minister Mohammed …

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Sam Bankman-Fried's Crypto 'Fraud' Joins Hall of Shame With Madoff, Holmes

Sam Bankman-Fried’s Crypto ‘Fraud’ Joins Hall of Shame With Madoff, Holmes

It may be a little too soon to lump Sam Bankman-Fried into the same boat as infamous fraudster Bernie Madoff — or maybe not. The full post-mortem of his epic meltdown from crypto prodigy and billionaire to broke crypto villain extraordinaire won’t be ready for some time. Prosecutors for the US Attorney for the Southern …

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Theranos founder Elizabeth Holmes arrives with her family and partner Billy Evans to be sentenced on her convictions for d...

Elizabeth Holmes sentenced to more than 11 years in prison for Theranos fraud

A federal judge on Friday sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for misleading investors in the failed startup that promised to revolutionize blood testing but turned it into a symbol of culture. audacious self-promotion of Silicon Valley. The sentence imposed by U.S. District Judge Edward Davila was shorter …

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Roxanna Doss

It’s a Sneaky Time of Year: Take Steps to Protect Yourself Against Holiday Fraud

Roxanna Doss The holiday season is officially upon us. As you prepare your budget for the extra expenses the next few months may bring, it’s important to remember that this season brings an increase in the number of scammers and scammers out to take advantage of your generous holiday spirit. While it’s important to be …

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