$5.6B lost to cryptocurrency fraud schemes last year: FBI
According to the FBI, Americans lost more than $5.6 billion to cryptocurrency-related scams in 2023. The agency is In a report released on Monday, The bureau said it received more than 69,000 complaints last year from victims of financial fraud linked to cryptocurrencies such as Bitcoin, Ethereum and Tether, amounting to approximately $5.6 billion in […]
Sam Bankman-Fried’s ex-lover Caroline Ellison begs to stay out of jail for FTX fraud
Caroline Ellison, the ex-girlfriend of convicted crypto fraudster Sam Bankman Freed, has asked a federal judge not to send her to prison for stealing $8 billion from clients of the bankrupt FTX exchange. In a court filing just before midnight on Tuesday, Ellison's lawyers told U.S. District Judge Lewis Kaplan in Manhattan that the former […]
Trump Claims FBI’s Report of Lower Violent Crime is a ‘Fraud’
The claim: During Tuesday's presidential debate with Vice President Kamala Harris, former President Donald Trump claimed that an FBI report that violent crime is declining is a “fraud.” Verdict: It's true: The FBI report doesn't include the thousands of police departments that don't report crime data to the federal agency. On June 24, 2024, Breitbart […]
‘Fraud, failure, and illegality’: Cruz, other senators demand end to ‘flawed’ immigration program under Biden-Harris
A group of senators led by Sen. Ted Cruz (R-Texas) sent a letter to Attorney General Merrick Garland and Homeland Security Secretary Alejandro Mayorkas on Tuesday calling on the administration to put an end to the “fundamentally flawed” CHNV program. The program, which was recently reinstated despite findings of fraud, allows 30,000 people each month […]
Taxpayers lost more than $100B to COVID unemployment insurance fraud, committee finds
First appeared on FOX: The House Oversight Committee reported that American taxpayers have lost more than $100 billion to fraud and improper payments as a result of the temporary unemployment insurance program created in response to COVID-19. Fox News Digital obtained the House Oversight Committee report following a months-long investigation looking into fraud in the […]
North Carolina Musician Ran $10 Million Streaming Fraud Using AI-Generated Songs
Federal prosecutors have charged a North Carolina musician with wire fraud and money laundering after alleging he used bot accounts and hundreds of thousands of AI-generated songs to fraudulently earn more than $10 million in royalties from streaming services like Spotify and Apple Music. Rolling Stone Reports The United States Attorney's Office for the Southern […]
Chase Bank is referring check fraud 'glitch' incidents to authorities – NBC News
Chase Bank said it is investigating the cases of individuals who may have been involved in an epidemic of online check fraud “glitches” and has reported them to law enforcement authorities. Millions of people on social media reacted last weekend to a post suggesting that a bank error was allowing unlimited cash to be withdrawn […]
Democrat VP Candidate Tim Walz Issued Subpoena For $250M COVID-19 Nonprofit ‘Fraud Scheme’
Democratic vice presidential candidate and Minnesota Governor Tim Walz speaks onstage (Photo: Scott Eisen/Getty Images) By Blake Wolf, OAN StaffThursday, September 5, 2024 4:21 PM The Committee on Education and Labor has issued a subpoena, demanding that Minnesota Governor and Democratic vice presidential candidate Tim Walz answer questions about the “Feeding Our Future” fraud scandal, […]
Tim Walz hit with House subpoena for records on massive alleged $250 million pandemic fraud
Democratic vice presidential candidate Tim Walz Subpoena Records of a $250 million fraud scheme carried out during the pandemic. The massive fraud scheme involved payments to a nonprofit called “Feeding Our Future,” which claimed to be founded to feed poor children in Minnesota, but actually appears to have stolen millions of dollars to enrich itself. […]
Subpoena Issued for Tim Walz Regarding Response to ‘Massive Fraud’ in MN
The U.S. House of Representatives Committee on Education and Labor has issued a subpoena to Democratic vice presidential nominee Gov. Tim Walz (D-Minn.). Rep. Virginia Foxx, R-N.C., the committee chair, wrote Walz a letter on Wednesday notifying him of the subpoena, which seeks documents related to “responses to and accountability for the massive fraud” of […]