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Sec charges solarwinds and company executive with fraud after cybersecurity breach

The Securities and Exchange Commission on Monday charged software company SolarWinds Corp. SWI, -1.59% and its chief information security officer with...

October 30, 2023, 5:11 pm

Charlotte barber says ‘take ur l’s.’ admits to lying for pandemic relief loans.

Evan Agustin Perez, 35, defrauded the U.S. Small Business Administration and its lenders when he obtain...

October 5, 2023, 11:15 pm

Lab owner who defrauded medicare to forfeit $187 million, ferrari

Lab owner Minal Patel filed nearly $500 million in false claims to Medicare for genetic tests....

October 4, 2023, 2:25 pm

Morgan stanley sued for $750 mln by lenders to rail line, who claim fraud

Morgan Stanley was sued on Monday for at least $750 million by private equity firms that claimed they were def...

September 18, 2023, 6:26 pm

Breaking: israeli police bust massive online fx investment fraud, arrest six

In a major crackdown against investment fraud, the cyber unit of Israel Police's Lahav 433 arrested six suspects and detained several others, who alle...

September 5, 2023, 1:05 pm

Ubs to shell out $1.4b over fraud claims related to 2008 economic crisis

Swiss banking giant, UBS, has agreed to pay $1.44 billion in penalties to settle fraud claims that it misled investors in the United States with resid...

August 14, 2023, 8:59 pm

Grand jury: lexington man defrauded government for covid loans, senior citizen for $100k+

The man is alleged to have lied on paperwork to get COVID-19 relief loans and convinced a senior citizen to provide him significant money through pers...

August 7, 2023, 2:44 pm

Taxwatch: elderly couple was swindled out of $2 million by daughter — now they have to pay taxes on the stolen money

Congress eliminated the theft-loss deduction for defrauded taxpayers beginning in 2018. Tax attorneys w...

July 22, 2023, 3:02 pm

Fca begins proceedings against individual over £1.3m unauthorized investment scheme

The British Financial Conduct Authority (FCA) has initiated criminal proceedings against Daniel Pugh, charging him with one count of fraud and three b...

July 19, 2023, 11:40 am

Barclays wins uk supreme court case over push payment fraud

Barclays on Wednesday won a closely-watched appeal at the United Kingdom's Supreme Court over banks' duties to their customers to prevent them being <...

July 12, 2023, 4:52 am

Rivn stock alert: rivian will now face a shareholder lawsuit

Shares of Rivian (NASDAQ: RIVN ) stock are in focus after U.S. District Judge Josephine Staton stated that the company is liable to face a lawsuit all...

July 6, 2023, 3:14 pm

Cftc charges commodity pool operator with misappropriating over $21 million

The US regulator stated that Ichioka does not contest these claims. The CFTC is seeking full restitution to de...

June 23, 2023, 10:23 am

Jpmorgan must pay charlie javice's legal fees despite suing her in $175m fraud case

JPMorgan Chase has been ordered to pay Charlie Javice's legal fees, a judge decided on Monday despite the fact that JPMorgan is suing Javice. The bank...

May 8, 2023, 2:53 pm

Apple employee who defrauded company of millions sentenced to three years in prison

Dhirendra Prasad defrauded Apple and the IRS out of millions of dollars in a yearslong conspiracy to do...

April 28, 2023, 11:29 am

Apple employee who defrauded company of millions sentenced to three years

Dhirendra Prasad defrauded Apple and the IRS out of millions of dollars in a years-long conspiracy to d...

April 28, 2023, 11:05 am

South african ceo to pay $3.4 billion for forex fraud

A federal court in the United States has ordered Cornelius Johannes Steynberg, the South African CEO behind a $1.7 billion retail forex and commodity ...

April 27, 2023, 9:59 pm

Hp must face shareholder lawsuit over sales, appeals court rules

A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly us...

April 11, 2023, 4:19 pm

Judge tosses all but one claim in amazon's suit against former aws real estate managers

A federal judge has dismissed seven of eight claims in a long-running lawsuit brought by Amazon against two of its former real estate managers and oth...

April 10, 2023, 1:52 pm

Elon musk overstated tesla's autopilot and self-driving tech, new lawsuit says

Shareholders sue the Twitter CEO again, alleging they were defrauded with false claims of the vehicles'...

February 27, 2023, 8:59 pm

Lcid stock alert: watch this key lawsuit news

Lucid Group (NASDAQ: LCID ) stock rose 20% on Jan. 11 after an investor lawsuit was dismissed. The class action suit claimed Licid ...

January 12, 2023, 10:04 am


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