The FBI’s 2023 Cryptocurrency Fraud Report reveals that California experienced the highest cryptocurrency-related losses in the nation, totaling $1.15 billion. Within the FBI San Francisco Field…
By Lee Kyung-minNearly 90,000 people have signed up for a government-operated service that restricts unauthorized financial transactions, including credit card issuance, unsecured cards and insurance loans,…
Caroline Ellison, the star witness in the prosecution of her former boyfriend, FTX founder Sam Bankman-Fried, was sentenced Tuesday in New York federal court to two years…
Banks in Hong Kong are doing a better job than expected at taking full responsibility and reimbursing lost funds after fraud events related to online banking…
Americans lost more than $5.6 billion in 2023 from fraud schemes involving cryptocurrency, according to the FBI. The agency, in a report published Monday, said the…
When looking up his credit report earlier this year, Stéphane Hamel found out a car loan had been taken out in his name — from a…
In a significant crackdown on financial fraud, Hong Kong police have arrested four individuals, including a 14-year-old, for their involvement in a syndicate using counterfeit banknotes…
Mule accounts, so named because they act as conduits for sending and receiving funds that do not belong to the bank account holder, usually remain dormant…
Rescuers work at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019.Mulugeta Ayene…
Hercules Investments CEO and CIO James McDonald.CNBCA former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after…