Tag: Crime
Should Banks Be Crime Fighters? The Hidden (and Not So Hidden) Costs
Are these rules futile? Crime is impossible to effectively measure, intent even more so, which means we have no way of knowing just how much is preven [...]
Roche alleges counterfeit diabetes medical devices were sold on Amazon
Roche, one of the world's largest biotech companies, said "dangerous counterfeits" of its diabetes medical devices ended up for sale on Amazon to be b [...]
Former Binance CEO Changpeng Zhao Begins 4-Month Prison Sentence in California
Lompac II, where Zhao will serve his short sentence as inmate 88087-510, is a low-security prison in Santa Barbara County, on California’s central coa [...]
U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'
"The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said.
www.coindesk.com [...]
Even as Violent Crime Drops, Lawlessness Rises as an Election Issue
In most cities, rates of homicide and violent assault are down significantly from pandemic-era highs. But property crimes have risen, fueling voter an [...]
British-Chinese Money Launder Sentenced to 6 Years in Prison For Role in $6B Fraud: FT
Jian Wen, 42, who was alleged to have carrying out the laundering on behalf of her former boss, was found guilty in March.
www.coindesk.com [...]
Alleged Owner of Darknet Narcotics Bazaar ‘Incognito Market’ Arrested in New York
U.S. authorities have arrested and charged a Taiwanese national with operating darknet drug bazaar Incognito Market, which he allegedly used to facili [...]
Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme
Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – [...]
Biden Mourns Fallen Officers at Memorial and Praises Police for Reducing Crime
In his remarks, President Biden paid his respects but also subtly addressed criticism by Republicans that crime has skyrocketed on his watch.
www.nyt [...]
Twin Peaks, Smokey Bones confidentially file for IPO
Smokey Bones at Broadcasting Square. Tim Leedy | Medianews Group | Getty ImagesFat Brands said Tuesday it has confidentially filed to take its Twin Pe [...]
Chinese Police Arrest Six People for Illegal Crypto-Based Currency Operation: Report
The operation used domestic accounts to receive and transfer funds while exploiting the anonymous, borderless characteristics of over-the-counter virt [...]
Fat Brands, chair Andy Wiederhorn indicted in $47 million loan scheme
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loan [...]
Organized theft ring that targeted Macy’s charged in NYC
The Macy's logo is seen at its store in Herald Square in New York City on Jan. 19, 2024.Michael M. Santiago | Getty ImagesA New York beauty store just [...]
Binance CEO Teng Says Nigeria Must Release ‘Beloved Colleague’ Gambaryan
"As you may be aware, one of our beloved colleagues, Tigran Gambaryan, continues to be held by the government in Nigeria for more than 70 days," Teng [...]
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Wa [...]