Fraud - Live News America

FTX CEO Sam Bankman-Fried denies crypto exchange fraud

Former FTX CEO Sam Bankman-Fried, in possibly the understatement of 2022, said Wednesday, “I’ve had a bad month.” The former billionaire added that he “didn’t do a good job” at upholding his responsibilities to regulators, customers and investors in a hotly anticipated conversation with CNBC’s Andrew Ross Sorkin at the DealBook Summit. Bankman-Fried’s FTX imploded … Read more

Has COVID led to a telemedicine fraud explosion?

“Whereas telehealth was viewed with skepticism, more so pre-COVID, the advent of the pandemic itself brought telemedicine more into the mainstream,” said John Trovinger, director of client success for Verisk’s claims anti-fraud solutions group. “Some might even argue that for certain types of medicine it’s one of the preferred methods for seeing a provider.” In the … Read more

DHFL 34,615 cr loan fraud case: Money laundered via 87 shell firms

The Central Bureau of Investigation (CBI) in its charge sheet lodged in the Rs 34,615 crore DHFL loan fraud case has said that the accused created 87 shell companies and 2,60,000 fake borrowers to launder money. The charge sheet was filed in the second week of October. The federal probe agency has … Read more

New State Voter Fraud Units Finding Few Cases From Midterms

WASHINGTON (AP) — State-level law enforcement units created after the 2020 presidential election to investigate voter fraud are looking into scattered complaints more than two weeks after the midterms but have provided no indication of systemic problems. That’s just what election experts had expected and led critics to suggest that the new units were more … Read more

We Don’t Need More COVID Money When We Haven’t Spent all the Previous Money Yet and There’s Been Billions in Fraud

On Friday’s broadcast of the Fox News Channel’s “America’s Newsroom,” Rep. Nicole Malliotakis (R-NY) criticized the Biden administration for pushing for more federal COVID funding when there are large sums of money from the previous COVID spending packages that have not been spent yet and when billions of dollars in money from prior COVID spending … Read more

RTL Today – Following fraud sentence: Reding announces resignation from Luxembourg City council

The ADR politician shared his official resignation from Luxembourg’s City Council on Facebook after having informed the Minister of Domestic Affairs. Reding explained that he felt he no longer had the time or energy to navigate his responsibilities, which is why he made the decision to resign his post in the city council. In addition, … Read more

Shakira Claims ‘Full Innocence’ In Response To Spanish Tax Fraud Case – Hollywood Life

View gallery Image Credit: KCS Presse / MEGA Shakira isn’t backing down. The “Hips Don’t Lie” songstress, 45, hit back at Spanish authorities on Nov. 25, calling their $14 million tax fraud case against her a total sham. Shakira declared her innocence while accusing authorities of having “no solid evidence” against her in a statement … Read more

Shakira Claims She’s Victim of Smear Campaign in Spain Tax Fraud Case

Shakira is firing back at Spanish prosecutors, claiming she’s the victim of a smear campaign and has the receipts to prove it. The singer filed legal docs Friday in Spain, answering allegations she failed to pay more than $14 million in taxes for income earned from 2012 through 2014. Shakira says during that period, she … Read more

RTL Today – In the first instance: ADR MP Roy Reding found guilty of fraud

ADR MP Roy Reding was sentenced on Thursday morning to a suspended one-year prison sentence and a €50,000 fine for fraud. The MP stood accused of concealing vital information during the sale of an apartment building in Kirchberg. Reding had failed to make buyers aware that a basement apartment on the property was not fit … Read more

Charges Dropped Against Black Man Arrested In Ron DeSantis’ ‘Election Fraud’ Crackdown

Prosecutors in Florida on Monday dropped charges against a Black man who was arrested earlier this year as part of Republican Gov. Ron DeSantis’ purported crackdown on voter fraud. But prosecutors filed a notice of nolle prosequi on Monday, indicating they will no longer longer pursue criminal charges against Patterson — ultimately amounting to a … Read more