Million Dollar Fraud

Donald Trump is up against a fast-approaching deadline to secure a half-billion dollar bond as he appeals his financial fraud case, facing possible bankruptcy or the seizure of his assets if he fails.

An Indian jeweller has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said.

Three people, including the main accused, were arrested by the Delhi Police for allegedly defrauding several US citizens of more than 20 million dollars by posing as a senior Drug Enforcement Agency official.

An Indian-origin former Ontario government employee has been sentenced to 10 years in prison after he pleaded guilty to stealing 47.4 million dollars from the Canadian provincial government, said a report.

Randall Crater, founder of a now-defunct cryptocurrency business, was sentenced to more than eight years in prison for defrauding investors and customers out of millions of dollars by falsely marketing My Big Coin, a virtual currency. Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million (roughly Rs. 63 crore),...

The investigation into a multi-million dollar fraud at the Kingston-based investment firm Stocks and Securities Limited (SSL), which has reportedly seen Bolt's $12 million account left almost empty, is dominating discussion in the Caribbean nation.

FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.

A US judge today fined the Trump Organization $1.6 million for tax fraud.

Sam Bankman-Fried is said to be prepared to enter a plea of not guilty in the criminal fraud case at a Manhattan court on Tuesday. He is charged with cheating investors and looting billions of dollars at his now-bankrupt FTX cryptocurrency exchange. He was extradited to the US from the Bahamas last month, and was set free on $250 million bond

The Colombian singer stated that "inappropriate measures" had been employed to harm her reputation and pressure her into entering into a settlement agreement. She insisted that she would not be entering into any agreements and that she would instead

MicroStrategy CEO Michael Saylor is facing a lawsuit on allegations of tax fraud, Washington D.C. Attorney General Karl Racine announced Wednesday. Racine added that Washington D.C. was also suing MicroStrategy "for conspiring to help [Saylor] evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC."

Crypto lender Celsius Network was served with lawsuit by a former investment manager, Jason Stone, accusing the firm of using customer deposits to rig the price of its own crypto token. Celsius allegedly ran a Ponzi scheme to defraud the plaintiff KeyFi into providing services worth millions of dollars and refusing to pay for them.

The US SEC has filed criminal charges against a cryptocurrency executive and civil charges against him and his sister, accusing them of defrauding retail investors out of millions of dollars with a digital token known as Ormeus Coin.

Mary Trump, the niece of Donald Trump, sued the US president on Thursday, accusing him and other family members of cheating her out of tens of millions of dollars from an inheritance.

An Indian-origin physician has been sentenced to two years in prison and ordered to pay fine and restitution of over a million dollars for engaging in a multi-faceted health care fraud scheme and for illegally prescribing thousands of opioid painkillers and muscle relaxers.

Donald Trump is up against a fast-approaching deadline to secure a half-billion dollar bond as he appeals his financial fraud case, facing possible bankruptcy or the seizure of his assets if he fails.

An Indian jeweller has been indicted for illegally evading customs duties for millions of dollars of jewellery imports into the US and operating unlicensed money transmitting businesses, a US attorney has said.

Three people, including the main accused, were arrested by the Delhi Police for allegedly defrauding several US citizens of more than 20 million dollars by posing as a senior Drug Enforcement Agency official.

An Indian-origin former Ontario government employee has been sentenced to 10 years in prison after he pleaded guilty to stealing 47.4 million dollars from the Canadian provincial government, said a report.

Randall Crater, founder of a now-defunct cryptocurrency business, was sentenced to more than eight years in prison for defrauding investors and customers out of millions of dollars by falsely marketing My Big Coin, a virtual currency. Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million (roughly Rs. 63 crore),...

The investigation into a multi-million dollar fraud at the Kingston-based investment firm Stocks and Securities Limited (SSL), which has reportedly seen Bolt's $12 million account left almost empty, is dominating discussion in the Caribbean nation.

FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.

A US judge today fined the Trump Organization $1.6 million for tax fraud.

Sam Bankman-Fried is said to be prepared to enter a plea of not guilty in the criminal fraud case at a Manhattan court on Tuesday. He is charged with cheating investors and looting billions of dollars at his now-bankrupt FTX cryptocurrency exchange. He was extradited to the US from the Bahamas last month, and was set free on $250 million bond

The Colombian singer stated that "inappropriate measures" had been employed to harm her reputation and pressure her into entering into a settlement agreement. She insisted that she would not be entering into any agreements and that she would instead

MicroStrategy CEO Michael Saylor is facing a lawsuit on allegations of tax fraud, Washington D.C. Attorney General Karl Racine announced Wednesday. Racine added that Washington D.C. was also suing MicroStrategy "for conspiring to help [Saylor] evade taxes he legally owes on hundreds of millions of dollars he’s earned while living in DC."

Crypto lender Celsius Network was served with lawsuit by a former investment manager, Jason Stone, accusing the firm of using customer deposits to rig the price of its own crypto token. Celsius allegedly ran a Ponzi scheme to defraud the plaintiff KeyFi into providing services worth millions of dollars and refusing to pay for them.

The US SEC has filed criminal charges against a cryptocurrency executive and civil charges against him and his sister, accusing them of defrauding retail investors out of millions of dollars with a digital token known as Ormeus Coin.

Mary Trump, the niece of Donald Trump, sued the US president on Thursday, accusing him and other family members of cheating her out of tens of millions of dollars from an inheritance.

An Indian-origin physician has been sentenced to two years in prison and ordered to pay fine and restitution of over a million dollars for engaging in a multi-faceted health care fraud scheme and for illegally prescribing thousands of opioid painkillers and muscle relaxers.