China Cracks Down on 'Pig Butchering.' (It Isn't What You Think.)

Beijing is pursuing scam mills that operate out of secretive, dystopian compounds and swindle people worldwide.

FTX Founder Sam Bankman-Fried Found Guilty of Fraud

Listen to article (2 minutes) FTX founder Sam Bankman-Fried was convicted Thursday of stealing billions of dollars from customers of the doomed crypto exchange, in what prosecutors called one of the biggest financial frauds in U.S. history.  A New York federal jury convicted him of all seven counts he faced. The verdict capped the stunning … Read more

Former Crypto ‘Wunderkind’ Sam Bankman-Fried Guilty of Fraud, Embezzlement, Criminal Conspiracy

Published By: Shankhyaneel Sarkar Last Updated: November 03, 2023, 06:59 IST New York, United States of America (USA) Ex-crypto mogul Sam Bankman-Fried has been convicted of defrauding FTX customers. (Image: Reuters) Sam Bankman-Fried, the world’s so-called crypto king, could now face up to 110 years behind bars. Former crypto tycoon Sam Bankman-Fried was found guilty … Read more

Jurors in Sam Bankman-Fried Trial Expected to Begin Deliberations

Jurors are expected to begin deliberating Thursday on whether FTX founder Sam Bankman-Fried is guilty of fraud and other crimes that contributed to the collapse of the crypto exchange. The deliberations cap a nearly monthlong trial in which jurors heard testimony from more than 20 witnesses, including Bankman-Fried. On Thursday morning, a prosecutor is expected … Read more

ED attaches assets worth Rs 538 crore off Naresh Goyal & family

It said that its probe has established that commissions were wrongfully paid to GSAs of JIL and Jet Airways LLC, Dubai for ‘operational expenses’. “All these GSAs were beneficially owned by Naresh Goyal. Hence, the management of JIL toed the line of Naresh Goyal (sic), and kept on paying large sums of money on (a) … Read more

Jury Convicts Hedge-Fund Manager Accused of Rigging Foreign-Exchange Market

Updated Oct. 25, 2023 6:04 pm ET A London hedge-fund manager accused of manipulating the foreign-exchange market was convicted Wednesday of fraud in a trial that opened a window into a complex corner of the global currency-trading business. A federal jury in Manhattan deliberated for less than a day before finding Neil Phillips guilty of … Read more

Caroline Ellison Tells Jury She Dreaded Inevitable Collapse of FTX

Testifying in Sam Bankman-Fried’s fraud trial, his top deputy says she was terrified by the implosion of the crypto exchange after months of deception. Source link

Hunter Biden's Statute of Limitations

Does he have more to pay? Source link

For Trump, the New York Fraud Trial Is Personal

Listen to article (2 minutes) Donald Trump faces four criminal indictments, 91 charges and, if convicted, sentences that could exceed his life expectancy. But there is one case that has hit him most personally, friends and associates say: The civil-fraud trial under way in Manhattan. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. … Read more

Donald Trump won an appeals court reprieve from a New York ruling that had the potential to cripple his business operations in the state.

Donald Trump won an appeals court reprieve from a New York ruling that had the potential to cripple his business operations in the state. Source link