Fraud
Italy seizes US$69 million from Carrefour unit over alleged tax fraud
ITALIAN prosecutors seized US$68.93 million from an Italian unit of French supermarket group Carrefour in connection to a probe on VAT fraud and labour exploitation, legal documents seen by...
Sam Bankman-Fried appeals fraud conviction, 25-year jail term
FALLEN cryptocurrency wunderkind Sam Bankman-Fried has appealed his federal conviction and 25-year jail sentence in a sweeping fraud case, according to a legal filing made public Thursday.News of the...
Who is Truong My Lan? Vietnam’s Female Real Estate Tycoon gets Death Sentence in Country’s Largest Financial Fraud worth $12.5 Billion
A court in Ho Chi Minh City has sentenced real estate tycoon Truong My Lan to death, marking a significant development in Vietnam's battle against financial corruption. The verdict...
Citigroup claims New York attorney general’s online fraud suit is ‘misguided’
CITIGROUP asked a judge to throw out a suit by the State of New York over online protections for consumers, arguing the case was a “misguided attempt” by attorney...
Frustration for some of Bankman-Fried’s victims who hoped for stiffer sentence
SOME former FTX customers expressed anger and disappointment on Thursday after Sam Bankman-Fried, the crypto exchange’s former billionaire boss, was sentenced to 25 years in prison for stealing $8 billion from...
Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud
SAM Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing US$8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step...
Sam Bankman-Fried: Fallen Crypto Mogul Sentenced to 25 Years in Prison for Multi-Billion Dollar FTX Fraud as Judge Calls Him ‘Power-Obsessed Scammer’
A Manhattan judge slammed Sam Bankman-Fried, branding him a "remorseless" scammer fixated on political influence, as he handed the fallen crypto mogul a 25-year prison sentence on Thursday. This...
Singapore’s money laundering accused slapped with 6 new fraud, forgery charges
TURKISH national Vang Shuiming, one of the 10 accused in Singapore’s biggest money-laundering case, was handed six new charges related to fraud and forgery on Wednesday (Mar 27).Under the...
