Fraud
Pennsylvania's lack of a state False Claims Act (FCA) has left the commonwealth vulnerable to fraud, with millions of taxpayer dollars being wrongly spent each year. However, the recent passage of House Bill 1697 aims to change this by creating a state-level FCA, empowering the attorney general and
Fraud
Two sales agents, Wayne Juawo and Jacob Mutambirwa, were arraigned in court on Monday, facing allegations of orchestrating a scheme involving fictitious claim forms to defraud their employer, Goldenclem Credit, of over US$23,000. The accused, both 22 years old, were granted US$200 bail each and are scheduled
Fraud
The council's Counter Fraud and Investigation Team is scrutinizing 158 council tenants who have accumulated over £1,000 in their rent accounts, with some credits exceeding £9,000, according to Shaud Dutton, counter fraud and investigation manager. The team investigates these accounts to prevent money laundering and ensure
Fraud
Mike Lynch's estate has been ordered to pay $945 million to Hewlett-Packard (HP) in a civil fraud case that began when HP accused Lynch of inflating the value of his software company, Autonomy, during its $11 billion sale in 2011. The ruling from British High Court Justice Robert
Fraud
As cybercriminals continue to exploit vulnerable Electronic Benefits Transfer (EBT) card users across the United States, local and federal law enforcement agencies are teaming up with advanced detection tools from Berkeley Varitronics Systems (BVS) to prevent millions of dollars in fraud targeting Supplemental Nutrition Assistance Program (SNAP) recipients. In 2025
Fraud
A major investigation spearheaded by the European Anti-Fraud Office (OLAF) has led to the dismantling of a widespread criminal network in Ukraine that manufactured and sold counterfeit pesticides on an industrial scale. The operation, which involved international cooperation and intelligence gathering, resulted in the seizure of hundreds of tons of
Fraud
British tech tycoon Mike Lynch, who died in a freak storm last year, is being ordered to pay £700 million in compensation to US giant Hewlett Packard Enterprise (HPE) over the 2011 sale of his software company Autonomy. The High Court ruling, delivered by Mr Justice Hildyard, follows a lengthy
Fraud
The High Court has ruled that Mike Lynch's estate must pay £700m to Hewlett Packard (HP) in a fraud case over the sale of his software business Autonomy in 2011. The judgment comes months after Lynch's death in a freak storm that sank his superyacht off
Fraud
A High Court judge has ruled that Hewlett-Packard Enterprise Co lost around GBP697.9 million through its acquisition of Cambridge-based Autonomy Corp, a software company founded by Mike Lynch. The Houston, Texas-based technology firm sued Lynch and others for around USD5 billion after claiming he inflated Autonomy's revenues
Fraud
In a ruling by a U.K. High Court judge, Hewlett Packard has been awarded more than $943 million from Mike Lynch's estate and his former finance director, Sushovan Hussain, after losing a fraud case involving Lynch's software company, Autonomy Corp. The court's decision
Fraud
GB Group PLC has announced it will launch a share buyback programme on Wednesday, valued at up to £25 million, which the company considers an attractive use of surplus capital. The Chester-based software firm, specialising in fraud prevention and identity verification, has reported that its first quarter trading has been
Fraud
Greek authorities have made a significant breakthrough in combating crypto fraud by seizing over £1 billion in stolen funds, marking one of the largest cyber heists in history. This achievement was made possible through the use of cutting-edge technology and expertise provided by Chainalysis Reactor, in collaboration with Performance Technologies.
