Home Tags Fraud

Tag: Fraud

Coinbase CEO Brian Armstrong

The SEC has received nearly 200 pages of complaints about Coinbase, the $1.6 billion cryptocurrency trading platform

Among the most egregious allegations found in a number of complaints filed with the SEC are the claims that Coinbase "stole" cryptocurrency holdings from its users, repeatedly ignored customer complaints regarding missing funds, and systematically defrauded its customers.
Does Wells Fargo owe you cash?

How to figure out whether embattled bank Wells Fargo owes you money before the deadline to file a claim passes

Wells Fargo customers affected by its account fraud scandal may be able to receive financial compensation. If you're a client who suspects that unauthorized accounts were opened in your name, here's how to file a claim before the deadline.
Al Sanea

‘An enormous, long-standing Ponzi scheme’: A court rules that a Saudi business empire was complicit in defrauding more than 100 banks

A dispute involving a Saudi-Arabian business empire ended after the judge ruled it was complicit in defrauding more than 100 banks for billions of dollars.
Conservative commentator and best-selling author Dinesh D'Souza exits the Manhattan Federal Courthouse after pleading guilty in New York.

Trump announces he will pardon conservative pundit Dinesh D’Souza, who pleaded guilty to campaign finance fraud in 2014

President Donald Trump unexpectedly announced on Thursday that he is granting a pardon to Dinesh D'Souza, the far-right author and pundit who was convicted of campaign finance fraud and has become a vocal Trump supporter.
A Saudi money changer displays Saudi Riyal banknotes at a currency exchange shop in Riyadh, Saudi Arabia July 27, 2017.

A Florida man impersonated a Saudi prince for decades, cheating investors out of millions of dollars

Anthony Gignac, who had five aliases including Khaled Al-Saud, pleaded guilty to identity theft and fraud, after living a lavish lifestyle. Gignac has pretended to be a Saudi royal for decades, and has reportedly been charged numerous times. He now faces up to 20 years in prison.

A cryptocurrency CEO bragged that he ran off with $50 million — but after a journalist tracked him down in Egypt, he said it was just a joke

The crypto founder tweeted a photo of himself drinking a beer on the beach, and gave himself away.

The most notable — and expensive — financial fraud cases of all time

Fraud is a serious white-collar crime that comes with heavy punishment, but the details of the financial scandals can be stranger than fiction.

‘Just the tip of a very dirty iceberg’: Kushner Companies is under investigation for falsifying documents about dozens of New York City pr...

Kushner's company filed fake paperwork in order to reap massive profits on the buildings it owns in New York City.