Fraud
Bhopal's Cyber-crime Branch has made a significant breakthrough in the cryptocurrency investment scam case, arresting three accused from Jodhpur, Rajasthan, for duping an Awadhpuri-based man of Rs18.60 lakhs. The accused, Narendra, Nimbaram, and Chandan Manjhi, allegedly lured the victim into a fake investment scheme via Telegram, targeting
Fraud
Romania's struggle to tackle the issue of value-added tax (VAT) fraud has resulted in significant revenue losses, with European Chief Prosecutor Laura Kovesi stating that the country loses at least EUR 9 billion annually. A recent European Commission report highlighted a shortfall of EUR 8.4 billion in
Fraud
India's rapidly growing crypto market has exposed vulnerabilities in the form of cryptocurrency fraud, with scams involving fake exchanges, Ponzi schemes, and ransomware attacks becoming increasingly common. Despite the Supreme Court's lifting of restrictions on banking services for cryptocurrency traders in 2020, the absence of clear
Fraud
The identity verification market is expected to grow at a compound annual growth rate (CAGR) of 15.4% from USD 14.34 billion in 2025 to USD 29.32 billion by 2030, driven by the increasing instances of identity fraud and the transition to digital onboarding in various industries. Cybercriminals
Fraud
A 35-year-old Paducah woman, Nichole M. Lawrence, has been sentenced to 2 years and 4 months in federal prison for wire fraud and aggravated identity theft. Lawrence was employed as an office manager for a business in Western Kentucky and used her position to embezzle approximately $400,000 from the
Fraud
A special court has granted bail to the deputy registrar of the National Company Law Tribunal (NCLT), Mumbai bench, who was arrested by the Central Bureau of Investigation (CBI) for allegedly accepting a bribe of Rs 3 lakh. The CBI had arrested deputy registrar Charan Pratap Singh and another person,
Fraud
South Carolina Attorney General Alan Wilson announced that his office's Vulnerable Adults and Medicaid Provider Fraud unit (VAMPF) has arrested Mikalia S. Mitchell, 32 years old, of Pacolet, SC, on multiple counts of forgery and medical assistance provider fraud. Mitchell is accused of submitting falsified records and claiming
Fraud
Gifty Oware-Mensah, a former Deputy Executive Director of the National Service Scheme, has been accused by the Attorney General of orchestrating a complex financial scheme that involved falsified identities and a bogus company. The scheme, which targeted the Agricultural Development Bank (ADB), allegedly secured a loan of GHS30,698,218
Fraud
Michael Madigan's stunning political collapse culminates Friday when the longest-serving legislative leader in U.S. history is sentenced on federal bribery, conspiracy, and wire fraud convictions tied to a scheme to push legislation in exchange for jobs and contracts for his associates. The former Illinois House speaker was
Fraud
A 25-year-old Nigerian man, Samuel Olasunkanmi Abiodun, has been sentenced to five years in prison for his role in a sextortion scheme that led to the death of an American teenager. Abiodun, who pleaded guilty to money laundering conspiracy and wire fraud, was part of a group that blackmailed a
Fraud
A federal grand jury in Miami has returned an indictment against Jasen Butler, 37, of Jupiter, Florida, charging him with multiple counts of wire fraud, money laundering, and forgery for orchestrating a scheme to defraud the U.S. Department of Defense and other federal agencies through the SEA Card Program.
Fraud
Detectives are probing a brazen antiques shop theft in Newcastle, where a man and woman swapped a bag of genuine gold items for a fake one, making off with £2,500 before fleeing on foot. The incident unfolded on Saturday, May 3, when the pair visited Buckingham Antiques and Militaria,
