Fraud
Who Is Carlos Watson? Ozy Media Founder Arrested for Fraud | Entrepreneur
The problematic and scandal-ridden Ozy Media has been in and out of headlines over the past year and a half over shocking allegations that the company was involved in...
How AI and Machine Learning Are Improving Fraud Detection in Fintech
Opinions expressed by Entrepreneur contributors are their own. Internet fraud is a menace in our various financial institutes, and many fintech companies have been victims of this fraud game....
Miami Influencer Uses COVID Funds to Fund Her Lavish Lifestyle
The U.S. Department of Justice has indicted a Miami-based luxury real estate influencer for committing a Covid-19 scam to pay for her jet-set lifestyle.The Feds allege that glamorous real...
How to Fight Fraud and Chargebacks Should Regulation Fail
Opinions expressed by Entrepreneur contributors are their own. The Consumer Financial Protection Bureau will appeal to the U.S. Supreme Court over the Fifth Circuit's ruling that their funding structure...
Elon Musk Defends 2018 Tweets in Securities Fraud Trial
In a recent court appearance in San Francisco, Tesla CEO Elon Musk defended tweets he posted in August 2018. Anadolu Agency | Getty Images In those tweets, Musk stated...
Usain Bolt Reportedly Lost Millions in Fund Fraud
Usain Bolt, the legendary Jamaican sprinter, was reportedly caught up in a massive employee fraud scheme that resulted in over $1.2 billion in stolen funds from a wealth management...
Netflix’s Bernie Madoff Documentary Exposes Ponzi Scheme, More
Disgraced financier Bernie Madoff will go down in infamy for orchestrating the largest Ponzi Scheme in history, conning investors out of $65 billion over several decades. TIMOTHY A. CLARY/AFP...
Danske Bank Pleads Guilty to Fraud in Multi-Billion Dollar Scheme to Access US Banks
Opinions expressed by Entrepreneur contributors are their own. Danske Bank, a Denmark-based global financial institution, pleaded guilty earlier this week and will forfeit $2 billion to settle a federal...
