Woman Who Defrauded JPMorgan Chase of $175,000,000 Sentenced to Seven Years in Prison
The CEO of a startup acquired by JPMorgan Chase in 2021 will spend seven years behind bars for fraudulently inducing the banking giant to purchase...
Tag : scams
Alleged Fraudsters Run Ponzi-Style Payments After Raising $112,000,000 From Investors
The US Securities and Exchange Commission (SEC) is suing three individuals for allegedly conducting fraudulent securities offerings, misusing investor funds and engaging in a Ponzi...
Pennsylvania Firm Handing Out $5,000 per Person To Settle Lawsuit Over Data Breach That Exposed Social Security Numbers of at Least 1,400,000 People
A US pharmaceutical giant has agreed to compensate those who were impacted by a major 2024 data breach. According to the newly updated settlement portal,...
246,711 Americans Impacted As Healthcare Firm Suffers Major Cyberattack – Names, Social Security Numbers, Financial Account Details and More Potentially Exposed
A cyberattack on a Florida healthcare firm exposed the personal information of 246,711 people. A data breach notification submitted to the U.S. Department of Health...
Nebraska Man Obtains $45,000,000 in Illegal Loans in Potentially Largest Case of Bank Fraud in State History: Report
A man from Nebraska has reportedly obtained tens of millions of dollars worth of illegal loans in what could be the largest bank fraud case...
Coinbase Hacker Sold Customers’ Social Insurance Numbers, Bank Account Information and More in $400,000,000 Breach
A single employee of an overseas customer support center in India allegedly collected the personal information of more than 10,000 Coinbase customers as part of...
Scammers Drain $25,000 From Woman After Calling Wells Fargo Number – But the Bank Refuses To Reimburse
A woman from Austin, Texas, was reportedly scammed out of $25,000 after calling a phone number associated with Wells Fargo, and now she says the...
DOJ: Bankruptcy Discharge Denied in Crypto Ponzi Scheme Investment Fraud Case
A Texas man who ran a multimillion-dollar cryptocurrency Ponzi scheme will remain on the hook for more than $12.5 million in debt after a federal...
Woman Steals $881,324 by Obtaining and Altering Check From the Mail, Now Faces 30 Years Behind Bars
A woman from Kansas City, Missouri, is pleading guilty to committing bank fraud after altering the name of a stolen check and making away with...
Insurance Administration Data Breach Impacts 22,300 People – Names, Addresses, Social Security Numbers and Medical Info Exposed
A Louisiana-based claims administration firm was hit with a data breach that impacted 22,300 people and exposed a wide range of private information. Risk Management...