6 articles tagged
Do Kwon, co-founder of Terraform Labs, has been sentenced to 15 years in prison for orchestrating a fraud that led to the $40 billion collapse of TerraUSD and Luna.
Minnesota's government is taking action against Medicaid fraud by hiring a third-party auditor and pausing payments for up to 90 days in 14 high-risk programs.
MIT-educated brothers James and Anton Peraire-Bueno face trial for an alleged $25 million cryptocurrency heist. Prosecutors claim fraud, while the defense argues fair play in exploiting trading bots.
A woman lost $1,900 in a Zelle scam after impersonators spoofed her bank's phone number. She alerted the bank mid-transaction, but the payment still went through.
American Momentum Bank is facing a lawsuit from a federal bankruptcy trustee who alleges the bank helped facilitate a $100 million fraud scheme.
A federal judge has ordered Humana to pay $32 million in legal fees following a $90 million settlement in a whistleblower lawsuit over Medicare fraud allegations.
