financial crime

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 …

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 …

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 …

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, …

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 …

Six individuals have been sentenced for their attempts to defraud the government of £180,000 in tax repayments. The group inflated their incomes and fabricated expenses in self-assessment claims submitted to …

Coretta Bates, a 31-year-old woman wanted for orchestrating a bank fraud scheme, was arrested Wednesday in Atlanta after months on the run. According to the Hillsborough County Sheriff’s Office, Bates …

Daniel Cook has been sentenced for defrauding a retired primary school teacher out of more than £300,000 in a sophisticated five-year scam. The 32-year-old manipulated his unsuspecting victim, with whom …

A group of women is warning others to conduct background checks on partners they meet through dating apps after the same conman took out loans worth thousands in their names. …