Fraud
Federal authorities have charged two Pennsylvania men with conspiracy to commit wire fraud and aggravated identity theft after allegedly defrauding the Pandemic Unemployment Assistance program of nearly $220,000. Alexander Daravina, aka Alexander Danazina and "Colombian Al," 38, of Dallas, Pennsylvania, and Moses Benabe, 25, of Philadelphia, were
Fraud
The Katsina State Public Complaints and Anti-Corruption Commission (KTPCACC) has begun investigating allegations of corruption in the state's department of Banking and Finance, as well as an alleged N188.6 million fertilizer distribution scandal. Preliminary findings suggest that councillors and Community Development Officers (CDOs) from various local government
Fraud
In the Pimpri-Chinchwad Police Commissionerate, a staggering average of 60 cases of cybercrime are reported daily, resulting in victims losing a total of Rs106.71 crore in 2025. From January 1 to August 31, thousands of complaints were registered on the cybercrime portal, with a large number coming from areas
Fraud
Carla B. Freedman, United States Attorney, and Thomas Fattorusso, Executive Special Agent in Charge of the Internal Revenue Service-Criminal Investigation Division (IRS-CI), announced yesterday's guilty plea of Dean Whittles, 61, to one felony count of willful failure to pay federal payroll taxes. Whittles, formerly of Syracuse, New York,
Fraud
The Income-Tax Department has taken a massive step to prevent fraudulent exemption claims by taxpayers, detecting large-scale attempted tax evasion worth about ₹70 crore. This move could lead to slower issuance of refunds, particularly in cases where claims exceed ₹10 lakh. Taxpayers who have filed under the old tax regime,
Fraud
The Department of Justice has launched a new Trade Fraud Task Force to aggressively investigate and prosecute customs and trade fraud, including duty evasion and importation of prohibited goods. This Task Force, in partnership with the Department of Homeland Security, is utilizing expanded statutory tools and encouraging whistleblower and qui
Fraud
Levi & Korsinsky has commenced an investigation into Synopsys, Inc. over possible violations of federal securities laws. The investigation comes after the company's third-quarter results fell short of expectations, with earnings projections significantly below consensus. Management cited three main reasons for the underperformance, including new export restrictions, challenges
Fraud
Policing teams carried out raids across Kolkata, discovering two apartments at Ideal Heights in Sealdah being used as bases for fraudulent activities. The accused, posing as employees of major companies, made voice-over-internet-protocol (VOIP) calls to US citizens, offering false assurances of technical support to commit financial fraud. The police seized
Fraud
The US Supreme Court's recent decision in United States v. Kousisis has significant implications for federal contractors, as it clarifies that liability under federal fraud statutes can extend to misrepresentations even without proof of economic loss. This ruling comes at a time when the White House and the
Fraud
Transaction Network Services (TNS), a leader in telecom industry, has introduced TNS Enterprise Voice Security, a suite of call authentication applications designed to protect enterprises from evolving contact center fraud tactics. With 9.8% of all inbound voice traffic classified as threatening, TNS Enterprise Voice Security aims to safeguard enterprises
Fraud
US Attorney Michael DiGiacomo announced the launch of an effort known as Save our Seniors (SOS), which targets defendants who prey on and defraud senior citizens. The initiative has resulted in the arrest of eight defendants in seven different criminal complaints, with the defendants responsible for over $11,053,989
Fraud
TransUnion's research highlights the increasing threat of synthetic identity fraud, with key traits and behavioral characteristics found in public data playing a critical role in identifying these deceptive identities. The trend points to the urgent need for financial institutions to harness all available data to detect and prevent
