Citibank sued over failure to defend customers against hacks, fraud – BleepingComputer
New York Attorney General Letitia James accused Citibank of failing to protect customers from hacking and fraud and refusing to refund victims after allowing fraudsters to steal millions of dollars from their accounts. sued. The New York State Attorney General’s lawsuit against Citibank alleges that the financial institution also illegally refused to repay fraud victims, […]
Australian Sam Lee charged with conspiracy to commit fraud in US for role in $1.89bn 'Ponzi scheme' – The Guardian
Australian blockchain entrepreneur Sam Lee has been charged with conspiracy to defraud in the United States for his alleged involvement in operating the HyperVerse crypto investment scheme that allegedly defrauded investors of US$1.89 billion. Court documents describe it as a “pyramid scheme and pyramid scheme.” (A$2.86 billion). Erec L. Barron, the U.S. attorney for Maryland, […]
DOJ and SEC unveil charges in $1.9 billion cryptocurrency fraud scheme – CNBC
According to Acting Assistant Attorney General Nicole Argentieri of the Justice Department’s Criminal Division, the three defendants indicted by the Justice Department allege that Hyperfund’s investors received “huge amounts of profits paid from a virtual currency mining business that does not actually exist.” ” and made a false claim. “The level of alleged fraud here […]
Owners of famous Philly Cheesesteak chain sentenced in $8M tax fraud scheme
FOX Business host Larry Kudlow explains tax and economic policy on “Kudlow.” The owners of the famous Philadelphia cheesesteak restaurant Tony Luke’s were sentenced to prison on Thursday for tax evasion for concealing more than $8 million over a 10-year period. The owners, 57-year-old Nicholas Lucidonio and 84-year-old Anthony Lucidonio Sr., were each sentenced to […]
Owners of iconic Philly cheesesteak shop sentenced to prison for tax fraud
Two owners of a famous Philadelphia cheesesteak restaurant were sentenced to prison on Thursday for tax evasion. Nicholas Lucidonio, 57, and Anthony Lucidonio Sr., 84, who owned and operated the South Philadelphia cheesesteak restaurant Tony Luke's, both had a “10-year history of defrauding the IRS.'' He was sentenced to 20 months in prison for conspiracy.to […]
Connecticut mayor embroiled in alleged voter fraud scandal wins primary — after he already won the general election
The incumbent mayor of Bridgeport, Conn., has won three races this election cycle after strong allegations of voter fraud against his campaign forced him to rerun the primary even though he had already won the general election. He declared his second victory. On Tuesday, residents of Bridgeport, the state's largest city, headed to the polls […]
Top Harvard Cancer Researchers Accused of Scientific Fraud Affecting 37 Studies
A top cancer researcher at Harvard University has been accused of scientific fraud that influenced 37 studies. The researchers are also suspected of manipulating the data images using simple methods such as copy-and-paste and Adobe Photoshop. The Dana-Farber Cancer Institute (DFCI), an affiliate of Harvard Medical School, has retracted six scientific studies published by top […]
Pastor Charged With Cryptocurrency Fraud Said God Told Him to Do It – The New York Times
A Denver pastor who said God told him to sell cryptocurrencies that cannot be redeemed for cash was used by prosecutors to sell digital coins that were “virtually worthless” and use the proceeds to support a “luxury lifestyle.” He and his wife are facing a civil lawsuit for doing so. Lifestyle. ” Pastor Eligio Regalado […]
Nikko D’Ambrosio facing tax fraud suit while suing exes for Facebook group
He should put his money where his mouth is. A Chicago man is suing for $75 million in a class action lawsuit after a past date posted negative reviews about his relationship on Facebook, and is fighting a tax evasion lawsuit. According to court documents filed in May 2023, Nikko D'Ambrosio, 32, is accused of […]
DC Bar Association files disciplinary charges against lawyers over 2020 election fraud claims
The Washington, D.C. Bar Association has filed disciplinary charges against three lawyers accused of trying to overturn the results of the 2020 presidential election against former President Trump. The complaint, unsealed Friday, alleges that attorneys Juli Haller, Lawrence Joseph and Brandon Johnson knowingly lied to the court in various lawsuits they filed after the election […]