Two “callous” con artists, Rosanna Lisa Stanley, 48, and Gina Guy, 37, have been charged with defrauding at least 16 lonely elderly men out of more than $7 million in …
financial crime
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In Assam, investment scams are creating significant turmoil, particularly with the recent arrest of three individuals involved in a fraud tied to the Grihalakshmi Cooperative Society. This scandal has caused …
by Ananya Mehta -
Geoff Clark, the former head of the Aboriginal and Torres Strait Islander Commission (ATSIC), has been found guilty of over two dozen charges, primarily related to approximately $1 million in …
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A 29-year-old Queens man, Gurpreet Singh, has been arrested in Lindenhurst for allegedly attempting to defraud a 77-year-old woman out of $10,000. The victim received a fraudulent alert on her …
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Fake Financial Services ScamsFinancial
Steven Verrett Charged with $800K Fraud at Navy Federal Credit Union
A former employee of Navy Federal Credit Union (NFCU), Steven Verrett, is facing multiple fraud charges after allegedly depositing counterfeit checks worth more than $800,000 for himself and co-conspirators. The …
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The former CEO of Heartland Tri-State Bank, Shan Hanes, has been sentenced to over 24 years in prison for embezzling $47 million from the bank. Federal prosecutors revealed that Hanes …
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Cryptocurrency exchange FTX, once valued at $32 billion (£26 billion), collapsed in November 2022, leaving $8 billion in customer funds unaccounted for. US attorney Damian Williams stated, “Sam Bankman-Fried perpetrated …
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Two men have been sentenced to prison for defrauding close friends and family out of nearly £9 million in life savings and pensions. Andrew Bird, 60, and Christopher Walton, 67, …
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A 74-year-old man from Bethesda, Maryland, fell victim to a scam that cost him over $1 million, which he converted into gold bars and unwittingly handed over to fraudsters. The …
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A former finance manager, Louise Chambers, has been sentenced to 34 months in prison for fraud after causing her company significant financial losses. Chambers, from Thirsk, was found guilty of …