A congressional report has found that obscure financial technology companies “with little to no oversight from lenders” have fueled rampant Paycheck Protection Program (PPP) fraud. The report estimates a total fraud of about $64 billion, with fintechs contributing significantly to that total.
A former Chicago Transit Authority (CTA) employee has been accused of stealing thousands of dollars from the agency’s retirement fund.
Migrants in the Swedish region of Skåne have allegedly been offered to fake jobs contracts to legally obtain a residency permit.
An investigation from a British newspaper has found the government has wasted at least £14 billion on frivolous expenditures.
A BLM activist in Bristol has been charged with fraud in connection to allegedly missing money from a fundraising page for statue protesters.
CLEVELAND (AP) — Two men accused of stuffing five walleye with lead weights and fish fillets during a lucrative fishing tournament on Lake Erie pleaded not guilty to cheating and other charges on Wednesday.
A woman was arrested after allegedly failing to scan all her items at a Walmart self-checkout in northern Michigan.
Twelve people, allegedly members of two illegal immigration networks, have been arrested by French police.
Police in Uttar Pradesh, India, recently announced the arrests of 15 people related to a scam operation, allegedly run by a Chinese citizen, that used data pilfered from old memory cards and circuit boards to scam Indians into fake business “investments” and loans, India’s Times Now News reported on Tuesday.
Three U.S. Postal Service Workers and another individual were recently arrested for allegedly participating in a $1.3 million fraud and identity theft scheme.
Forty-seven individuals, primarily in Minneapolis, Minnesota’s large Somali community, have been charged for their roles in allegedly stealing $250 million in COVID-19 federal funds meant for a child nutrition program.
Fraudsters may have gotten away with tens of billions of dollars from the U.S. Department of Labor by filing claims in multiple states and using the social security numbers of dead people as aid was distributed during the coronavirus pandemic, a federal watchdog claimed Thursday.
Forty-seven people were charged in Minnesota on Tuesday with conspiracy and other counts in what Federal authorities allege is the largest fraud scheme yet to take advantage of $1.9 trillion in taxpayer funds released by the Biden administration during the coronavirus pandemic.
A South Korean court on Wednesday issued a warrant for the arrest of Do Kwon, founder of the blockchain platform Terraform Labs and creator of two cryptocurrencies called Luna and TerraUSD.
A North Carolina woman was recently arrested for allegedly committing food stamp fraud after receiving benefits of over $15,500.
BERLIN (AP) – German leader Olaf Scholz has denied intervening on behalf of a private bank embroiled in a tax evasion scam when he was mayor of the northern city of Hamburg, allegations that have dogged him since before he took office as chancellor last year.
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that America was “robbed blind” by fraud with coronavirus relief programs and said that this makes him “a little less excited about the money they’re planning to spend.” He
On Friday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Brad Wenstrup (R-OH) said that if Congress is interested in trying to increase the amount of money in the federal treasury, it should do more work on getting
A Swiss court has ruled in favour of a Moroccan woman having her Swiss passport stripped after she separated from her local husband just months after getting it and remarried a Lebanese man shortly after their divorce.
Neuroscientist Matthew Schrag of Vanderbilt University set the world of Alzheimer’s research on fire by launching an investigation that discredited one of the key studies of the disease – a 2006 study upon which a great deal of subsequent research was based. On Thursday, Science magazine blew the scandal into orbit by concluding that some of the visual evidence included in the 2006 study was deliberately doctored, an overture to what could be one of the worst cases of scientific fraud in history.
Argentine socialist Vice President Cristina Fernández de Kirchner once again faced charges of extreme corruption this week, the Argentine news site Infobae reported on Monday, citing accusations by prosecutor Diego Luciani that Fernández engaged in an “extraordinary” level of corruption during her presidency from 2007 to 2015.
A woman was recently sentenced to one year and one day in prison for her role in a GoFundMe scam in which she and an accomplice raised $400,000 for a homeless veteran using a story that turned out to be fake.
Michael Avenatti was sentenced to four years in prison by a federal judge on Thursday after being found guilty of defrauding pornographic actress Stormy Daniels of nearly $300,000 over her book about an alleged affair with former President Donald Trump.
A pair of illegal aliens, who were released into the United States thanks to President Joe Biden’s expansive Catch and Release network, have since been charged with operating a debit card scheme in Vernon Parish, Louisiana.
The president of the Spanish pharmaceutical company PharmaMar is one of the over 2,200 people listed by Spanish police as having purchased fake coronavirus vaccination documents.
Power Rangers star Austin St. John — real name Jason Geiger — has been charged with fraud related to the Chinese coronavirus and faces up to 20 years in prison.
Manager of Radical French Mosque Arrested for Fraud and Embezzlement
Six migrant men from the Ivory Coast have all claimed to be the father of one child in the northern French department of Manche in order that they would each be able to claim residency in France. The court of
During a portion of an interview with the Fox News Channel released on Monday, Department of Justice Inspector General and Chair of the Pandemic Response Accountability Committee Michael Horowitz stated that there was “a conscious decision” made with the distribution
The government revoked the nationality of 78 babies from Moroccan mothers who lied about the father of their child being Spanish.
Jimmy Patronis, the CEO of Florida, warned on Monday about a FTC report that said consumer fraud was up 70% in 2021 compared to 2020.
Officials have announced charges against multiple people accused of participating in fraud schemes amid the pandemic which resulted in approximately $150 million in losses.
A principal in Queens, New York, who allegedly used fraud to help his school’s graduation numbers will reportedly remain on the payroll and receive a $1.8 million position.
A 60-year-old who claimed to be blind and received around €30,000 from 2014 to 2018 from the Italian state is accused of faking his disability after being caught looking at a woman’s bottom.
A woman who saw fraudulent charges to her bank account decided to open her own investigation into the matter this week in Florida.
The Royal Thai Police recently rescued 700 Thais from Chinese criminal gang-run compounds in Cambodia, where Thais lured into financial telephone scams are held against their will in debt bondage, Al Jazeera reported Wednesday.
During a portion of an interview with NBC aired on Monday’s edition of “NBC Nightly News,” Department of Justice Inspector General and Chair of the Pandemic Response Accountability Committee Michael Horowitz said he wasn’t surprised at the speed with which
Federal authorities have charged two men with fraud and money laundering in relation to an NFT “rug pull” scam. Two men allegedly pocketed $1.1 million from investors hoping to strike it rich in the NFT crypto gold rush, only to disappear in the money.
The state agency tasked with processing the influx of unemployment claims in 2020 brought on many workers who had previously been convicted of financial crimes, including embezzlement and identity theft, according to an audit report.
A former employee of tech giant Apple has been charged with defrauding the company out of over $10 million by taking bribes, stealing equipment, and laundering money.
