Fraud

Nepalese Financial Intelligence Unit (FIU), in its 2024 Strategic Analysis Report, open The country's blanket ban on cryptocurrency trading has become a major obstacle for fraud victims seeking to report their cases to the…

Breadcrumb linksBMN BusinessThe candidate of Mozambique's ruling party has been declared the winner of the presidential election, as tensions over fraud allegations have put the southeast African nation on edge and sent its bonds…

A detained social media influencer could be headed to a Russian prison and remain there for nearly 10 years serving her sentence for committing cryptocurrency fraud. Valeria Fedyakina, dubbed the “Queen of Cryptocurrencies,” is at…

Have crypto scammers infiltrated local government in Asia? The answer appears to be yes, as information has emerged linking a former Philippine mayor to a cryptocurrency scam group operating in Asia. This is an indication of…

Horst Geisha, a German national accused of orchestrating a $150 million cryptocurrency fraud scheme, is on the run after failing to appear in federal court in Brooklyn. Gisha was reportedly under house arrest at his New York City…

The United Nations recently released a surprising report stating that Telegram has emerged as one of the major applications A platform for criminal networks In Southeast Asia. These encrypted chatbots have become a hotspot for…

(Reuters) - Citigroup lawyers urged U.S. District Judge Paul Oetken to dismiss a lawsuit filed in January by Attorney General Letitia James, which accuses the Citibank unit of failing to compensate customers who fall victim to online…

The US Securities and Exchange Commission has charged two crypto companies linked to the TUSD stablecoin with securities violations. TrueCoin and TrustToken stable The U.S. Securities and Exchange Commission has filed a lawsuit against…

Former FTX CEO Sam Bankman-Fried is appealing his 25-year prison sentence following a five-week trial late last year. According to the New York Times, Bankman-Fried resume A November 2023 court ruling found the FTX founder guilty of…

If financial crime were a sector of the U.S. economy, it would be on par with accommodation and food services—money laundering activity would account for 3.1% of national GDP in 2023. Despite its scale, financial crime remains a largely…