Stock Groups

Bitcoin ATMs: Criminals target cryptocurrency transactions

According to law enforcement officials, criminals use bitcoin ATMs all over the country for money laundering and drug trafficking. These machines are usually located in convenience shops and private businesses. They allow customers to buy easily. bitcoinCash, and any other cryptocurrencies. These funds will then be sent to the customer’s cryptocurrency wallet. This convenience comes […]

Stock Groups

Third stimulus checks still available and scammers are on the prowl

Moment | Moment | Getty Images According to the Federal Trade Commission, criminals use the promise of third stimulus checks to steal money from victims who are not expecting it. In March President Joe Biden signed the American Rescue Plan. It authorized a third round pandemic-era payment of $1,400 per person. Through the end 2021, […]

Stock Groups

Stock hijacker Mark Miller pleads guilty in pump-and-dump scheme

On Monday, July 20, 2019, a pedestrian in a mask gazes at a phone while walking in front the New York Stock Exchange. Getty Images| Bloomberg | Getty Images Minnesota’s general contractor plead guilty on Thursday to the charges. scheme to hijack dormant shell companies and then pump-and-dump their stock shares on the over-the-counter market […]

Stock Groups

18 former NBA players charged in alleged $4 million health insurance fraud

Glen Davis, #0 from the Los Angeles Clippers will face the Houston Rockets at Game Two of Western Conference Semifinals during 2015 NBA Playoffs. It took place on May 6, 2015 at Houston’s Toyota Center. National Basketball Association | National Basketball Association | Getty Images Former NBA players (18 including Ronald Glen Davis of the […]

Stock Groups

Defendants in stock hijacking case set to plead guilty

Comstock | Stockbyte | Getty Images Two of the three men criminally charged with a brazen scheme to hijack dormant shell companies and fraudulently pump up their stock shares are now set to plead guilty in the case in October, court records reveal. Records show that Christopher James Rajkaran from Queens (New York) and Guyana […]

Stock Groups

Wells Fargo pays $37 million to resolve Justice Department claims it defrauded currency customers

Wells Fargo signage on May 5th, 2021 in New York City. Getty Images paid $37 million to settle a government lawsuit accusing the bank of defrauding hundreds of commercial customers.| Michael Ochs Archives | Getty Images Wells Fargo paid $37 million to settle a government lawsuit accusing the bank of defrauding hundreds of commercial customers. […]

Stock Groups

Huawei CFO Meng Wanzhou to be released after agreement with U.S. in fraud case

Huawei chief financial officer Meng Wanzhou arrives at British Columbia Supreme Court with her security detail for the afternoon session of her extradition hearing, August 4, 2021 in Vancouver, Canada. AFP | AFP | Getty Images The chief financial officer of Chinese tech firm Huawei will be released and allowed to return to China after […]

Stock Groups

Bitcoin, ethereum sink as China intensifies crypto crackdown

A visual representation of the cryptocurrency Bitcoin on November 20, 2018 in London, England. Jordan Mansfield | Getty Images Bitcoin and ethereum tumbled into the red on Friday, with traders rattled by tough talk out of China. The price of bitcoin fell about 5% to $42,260, according to Coin Metrics data. EthereumThe second-largest cryptocurrency, dubbed […]

Stock Groups

US Treasury sanctions cryptocurrency exchange SUEX

U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing to examine the FY22 budget request for the Treasury Department on Capitol Hill in Washington, DC, June 23, 2021. Pool Reuters Tuesday’s announcement by the U.S. Treasury Department that it would sanction a cryptocurrency exchange in response to its alleged involvement in […]

Stock Groups

DOJ charges 138 with health-care fraud, including opioids, Covid, telemedicine

AndreyPopov | iStock | Getty Images The Department of Justice on Friday announced criminal charges against 42 medical professionals and nearly 100 other people for alleged health-care fraud that involved about $1.4 billion in suspected losses. There are also cases that include the use telemedicine as part the fraud. These alleged losses total approximately $1.1 […]