Tag: fraud

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Feds, SEC charge app maker with fraud, saying ‘AI’ service was Philippine workers

Feds, SEC charge app maker with fraud, saying ‘AI’ service was Philippine workers

US authorities have charged a tech app founder with fraud, alleging that his advertised artificial intelligence-powered e-commerce app actually relied [...]
Feds, SEC charge app maker with fraud, saying ‘AI’ service was Philippine workers

Feds, SEC charge app maker with fraud, saying ‘AI’ service was Philippine workers

US authorities have charged a tech app founder with fraud, alleging that his advertised artificial intelligence-powered e-commerce app actually relied [...]
Musk Again Misleads on Social Security Fraud

Musk Again Misleads on Social Security Fraud

The world’s richest man misstated a statistic from the Social Security Administration to once again overstate fraud in the program. www.nytimes.com [...]
Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’

Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’

Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge reject [...]
Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’

Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’

Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI, sparking controversy as it coincides with a US judge reject [...]
Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’

Elon Musk’s sale of X to xAI just made fraud lawsuit a ‘lot spicer’

Billionaire investor Elon Musk has sold his social media platform X to his AI startup xAI in an all-stock deal, sparking controversy as it coincides w [...]
Assessing Elon Musk’s Misleading Claims About Fraud in Government Spending

Assessing Elon Musk’s Misleading Claims About Fraud in Government Spending

The world’s richest man made inaccurate claims about entitlement fraud, how a government payment system works and government survey costs. www.nytime [...]
Fraud experts brought in over student loan allegations

Fraud experts brought in over student loan allegations

André Rhoden-PaulBBC NewsGetty ImagesThe education secretary has asked counter-fraud experts to lead an investigation into reports of millions of pou [...]
Supreme Court Rules for Chicago Politician in Bank Fraud Case

Supreme Court Rules for Chicago Politician in Bank Fraud Case

The justices unanimously said a law prohibiting “any false statement or report” did not cover misleading assertions that fell short of outright lies. [...]
Why the Arabic ‘Sesame Street’ and Other Cuts Are Not Really About Fraud

Why the Arabic ‘Sesame Street’ and Other Cuts Are Not Really About Fraud

As President Trump and Elon Musk cut federal programs, they often equate political and policy differences with corruption. www.nytimes.com [...]
Cemetery worker to pay $400k in penalties for Forex fraud – Forex Factory

Cemetery worker to pay $400k in penalties for Forex fraud – Forex Factory

Cemetery worker to pay $400k in penalties for Forex fraud  Forex Factory www.forexfactory.com [...]
Crypto influencer sentenced to 45 months in prison for wire fraud

Crypto influencer sentenced to 45 months in prison for wire fraud

Thomas John Sfraga, also known as “TJ Stone,” received 45 months in prison for wire fraud and was ordered to pay more than $1.3 million in forfeiture [...]
Cemetery worker to pay $400k in penalties for Forex fraud

Cemetery worker to pay $400k in penalties for Forex fraud

The Securities and Exchange Commission (SEC) has charged Massachusetts resident Jonathan Webb for defrauding [...]
AML Bitcoin creator convicted of wire fraud, money laundering

AML Bitcoin creator convicted of wire fraud, money laundering

The founder of a cryptocurrency exchange whose namesake was tied to Anti-Money Laundering (AML) was found guilty of wire fraud and money laundering in [...]
Nebraska governor signs bill to regulate crypto ATMs, citing growing fraud

Nebraska governor signs bill to regulate crypto ATMs, citing growing fraud

The governor of Nebraska, Jim Pillen, has signed legislation to protect against cryptocurrency fraud as crypto ATM crime skyrockets in the United Stat [...]
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