Fraud
Boeing bears the brunt of crisis with fraud charge, Spirit deal
Six months after a fuselage blowout threw Boeing into crisis, the full weight of the legal and financial fallout from the near-catastrophic accident is bearing down on the embattled...
Australian Woman Charged with Fraud After Allegedly Faking Cancer to Collect Thousands in Donations
An Australian woman has been charged with fraud after she posted a video on social media claiming to have been diagnosed with cancer and asking for donations to help...
Terraform to pay US$4.47 billion to settle SEC fraud case
TERRAFORM Labs will pay US$4.47 billion to resolve a US Securities and Exchange Commission (SEC) lawsuit over the firm’s 2022 collapse, which wiped out US$40 billion in investor assets...
Terraform Labs, Do Kwon agree to settle SEC civil fraud case
SINGAPORE-BASED Terraform Labs and its founder Do Kwon have reached a tentative settlement with the US Securities and Exchange Commission (SEC) which sued them for allegedly misleading cryptocurrency investors...
NFTs ‘highly susceptible’ to fraud, scam uses: US government
A US government report released on Wednesday (May 30) found non-fungible tokens (NFTs) to be “highly susceptible to use in fraud and scams,” urging for more regulations to be...
Rapper Sean Kingston Arrested on Fraud and Theft Charges in California Hours after Florida Mansion Is Raided and Mom Taken into Custody
Rapper Sean Kingston was arrested in California on Thursday for fraud and theft, hours after police raided his mansion in Florida and took his mother into custody. The Broward...
Fraud concerns raise red flags for India’s booming tiny IPOs
A STRING of accounting frauds unearthed by India’s securities regulator this month poses another risk to the blistering rally in shares of tiny businesses.Varanium Cloud and Add-Shop E-Retail –...
Archegos founder to go on trial for fraud, market manipulation
ARCHEGOS founder Bill Hwang will go on trial on Monday for alleged securities fraud and market manipulation, prosecutors said, following the fund’s spectacular 2021 implosion that cost large banks...
Baltimore School’s Ex-Athletic Director Made AI-Generated Recording of School’s Principal Being Racist As Revenge Over Fraud Investigation Against Him
A former high school athletic director has been arrested for creating an AI-generated voice recording to frame the school's principal of making racist remarks, Baltimore County Police said on...
