Aug 23 Justice Department announces charges against hundreds of alleged COVID-19 fraudsters By Richard Lardner, Associated Press The May-through-July operation underscores how pervasive the fraud was and the time it takes for law enforcement officials to hunt down, charge and convict people who stole money during a national emergency. Continue reading
Jun 27 New federal estimate finds more than $200 billion in COVID-19 aid may have been stolen The numbers issued Tuesday by the U.S. Small Business Administration inspector general are much greater than the office's previous projections and underscore how vulnerable the Paycheck Protection and COVID-19 Economic Injury Disaster Loan programs were to fraudsters… Continue reading
Jun 17 Under court deal with SEC, Binance can continue U.S. operations amid fraud suit By Frank Bajak, Associated Press The U.S. Securities and Exchange Commission and Binance have reached an agreement in court that lets the world's largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges. Continue reading
Jun 14 How billions in COVID-19 pandemic relief aid was stolen or wasted By Richard Lardner, Jennifer McDermott, Aaron Kessler, Associated Press Fraudsters used Social Security numbers of dead people to get unemployment checks. Cheaters collected benefits in multiple states. And federal loan applicants weren't cross-checked against a Treasury Department database that would have raised red flags about sketchy borrowers. Continue reading
May 10 What's in the 13-count federal indictment New York Rep. George Santos faces? By Associated Press A 13-count federal indictment unsealed in New York accuses U.S. Rep. George Santos of embezzling money from his campaign, falsely receiving unemployment funds and lying to Congress about his finances. Continue reading
May 10 Rep. George Santos pleads not guilty to charges alleging fraud, theft during political campaign By Jake Offenhartz, Michael R. Sisak, Associated Press U.S. Rep. George Santos, infamous for fabricating his life story, pleaded not guilty Wednesday to charges he duped donors, stole from his campaign and lied to Congress about being a millionaire, all while cheating to collect unemployment benefits he didn't… Continue reading
Jan 03 Welfare misuse scandal highlights wealth divide in Mississippi By Emily Wagster Pettus, Associated Press Temporary Assistance for Needy Families is supposed to help some of the poorest people, and Mississippi has long been one of the poorest states in the U.S. Continue reading
Dec 06 Argentine Vice President Cristina Fernández found guilty for fraud By Almudena Calatrava, Associated Press A panel of judges in Argentina has found Vice President Cristina Fernández de Kirchner guilty of corruption. Her sentence is 6 years in prison and a lifetime ban from public office, although she's certain to appeal. Continue reading
Oct 03 Senate report finds increasing cases of fraud, scams on Zelle By Ken Sweet, Associated Press The report also found that the large banks who partly own Zelle have been reluctant to compensate customers who have been victims of fraud or scams. Continue reading
Sep 21 WATCH: Trump and his company sued for business fraud by New York attorney general By Associated Press New York’s attorney general sued Trump and his company for fraud on Wednesday, alleging they padded his net worth by billions of dollars by lying about the value of prized assets including golf courses, hotels and his homes at Trump… Continue reading