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Amazon reveals it was a target of ‘extensive’ fraud affecting seller accounts

Money for loans intended to be sent from Amazon to third-party sellers was redirected by malicious actors, the company said in a UK filing.

Kraft-Heinz shares fall on news that the company will delay its annual filing and restate earnings

Kraft-Heinz shares fell on news that the company will delay annual filing and restate earnings. Warren Buffett, CEO of Berkshire Hathaway, said he remains confident in the company.
A single anonymous options trader could win big, or lose half a million dollars.

Bitcoin plunged after a major crypto exchange was accused of using client money to hide $850 million of missing cash

Bitfinex drained $700 million from Tether's reserves to hide the fact it lost access to $850 million, says a lawsuit by the New York Attorney General.
Psychics have been accused of scamming clients.

The psychic industry is worth $2 billion. Here are 5 wild psychic scandals and the people behind them.

Astrology, Tarot cards, and mediums can be harmless, but some "psychics" are accused of taking advantage of vulnerable people.

Justice Department slaps Michael Avenatti with new 36-count indictment that could carry a 335-year sentence

If he's convicted, the celebrity lawyer Michael Avenatti faces 335 years in prison.

A UK drugmaker’s stock crashed 80% after it was indicted for a ‘truly shameful’ opioid-addiction scheme

Indivior's shares plunged 80% after the British drugmaker was indicted for deceiving doctors about Suboxone Film, its opioid-addiction treatment.

16 books about the biggest business scams of our time — including Enron, Bernie Madoff, and Theranos

From finance to cars to sports, these books paint a picture of how business scams are built, how they crash, and how all the players are affected.

German payments-company Wirecard is suing the Financial Times for its coverage

Wirecard has been the focus of a series of articles in the Financial Times in which the company alleges it used and misrepresented its business secrets.
SentiLink cofounders Naftali Harris and Maxwell Blumenfield

This Andreessen Horowitz-backed startup is creating technology to bust fraudsters who make up completely fake identities

SentiLink, which creates technology to detect and prevent synthetic fraud, closed $14 million in a series A round led by Andreessen Horowitz.

The US government is accusing Michael Avenatti of bank and wire fraud related to the failed coffee chain he purchased with TV actor Patrick Dempsey

Prosecutors link the alleged crimes to Avenatti's law firms and the coffee chain Tully's, which he acquired in 2013.