Fraud: Page 3

Business News

'An Appalling Case': A Woman Raised Over $40,000 for Australian Wildfire Relief But Donated Less Than $15

As pressure from donors mounted, the woman came forward and admitted to spending the money on luxury items for herself.

Science & Technology

What Do Crypto and AI Get-Rich-Quick Schemes Have in Common? FOMO and Flimsy Due Diligence

A new wave of fraudulent investment schemes is coming — and it's powered by AI.

Business News

A Man Was Just Charged for Scamming Home Depot Out of $300,000 — And a Popular, Customer-Friendly Policy Made It Easy

The scheme unfolded between June 2021 and June 2022 and spanned several stores in different states.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Business News

California Family Accused of Recycling Fraud Scheme Worth Millions, Facing Possible Prison Time

The charges filed against family members include grand theft, recycling fraud and conspiracy.

Business News

Medical Identity Theft Can Have Far-Reaching Financial and Health Consequences—Here's How to Stay Safe

Victims of medical identity theft could face serious health risks, such as being denied medical treatment or medications.

Business News

A '30 Under 30' Recipient Was Indicted For Fraud — And He's Not the Only One. Here Are 5 Former Honorees Who Turned Out to Be Felons

From promising prodigies to notorious felons, these are the most infamous former "30 Under 30" honorees who went from celebrated entrepreneurs to convicted criminals.

Money & Finance

Beware of Getting Scammed — Here's How to Safeguard Your Business Against Predatory Lending

Following a few financing best practices can help you avoid predatory lending schemes and protect your business from harm.

Science & Technology

How to Detect and Prevent Accounts Payable Fraud

Fraud is widespread but also very preventable. Learn about common types and the best ways to protest yourself and your company.

Business News

Los Angeles Man Indicted for Decade-Long Telemarketing Scam Defrauding Elderly Victims of Over $4.5 Million

The scammers allegedly posed as company reps offering advertising and related services to current and former timeshare owners.

Business News

Elizabeth Holmes Is Jailhouse Bound. Disgraced Theranos Founder Begins Prison Sentence

The former Theranos CEO is set to serve 11 years in prison after she was convicted on multiple charges of defrauding investors.

Business News

Former Amazon Manager Sentenced to 16 Years in Prison for $9.4 Million Fraud Scheme

The former operations manager recruited others to help her, including an Amazon loss prevention employee and a senior human resources assistant.

Business News

A Messaging App With a $1.17B in Valuation Shuts Down After Investigation Finds 95% of Users Were 'Bots'

IRL once boasted nearly 400% growth experienced over 15 months. However, that wasn't the whole truth.

Business News

An Iconic New York City Wine Store Is Facing a Criminal Investigation

Luxury wine purveyor Sherry-Lehmann, which has been in business for 89 years, allegedly owes customers over $1 million in wine that never arrived. The retailer also owes nearly $2.7 million in unpaid sales tax.

Business News

California Colleges Are Flooded With 'Ghost Students' Attempting to Steal Financial Aid

About 20% of applications for California community colleges are fraudulent, according to the State Chancellor's Office.