wire fraud

SEC Charges Skael Founder With Inflating Automation Startup’s Revenue
SEC Charges Skael Founder With Inflating Automation Startup’s Revenue
September 25, 2024  |  Security & Fraud

The co-founder of business automation startup Skael has been accused of illegally inflating its revenues. Baba Nadimpalli, who had also been the CEO of the...

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DOJ Charges 2 Brothers With ‘Cutting-Edge Scheme’ to Steal Cryptocurrency
DOJ Charges 2 Brothers With ‘Cutting-Edge Scheme’ to Steal Cryptocurrency
May 15, 2024  |  Cryptocurrency

The Department of Justice (DOJ) announced the unsealing of an indictment Wednesday (May 15) charging two brothers with crimes resulting from an alleged “cutting-edge scheme” in which they...

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Tesla’s Autopilot Scandal Puts Future of Autonomous Transport Under Microscope
Tesla’s Autopilot Scandal Puts Future of Autonomous Transport Under Microscope
May 09, 2024  |  Transportation

If you take your hands off the wheel, you might crash.  That proverbial piece of advice, commonly leveled at business leaders and managers, has taken...

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Senators Press Banks for Better Defenses Against Wire Fraud
Senators Press Banks for Better Defenses Against Wire Fraud
April 19, 2024  |  Security & Fraud

The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the...

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DOJ: Florida Nurse Practitioner Guilty in $200 Million Fraud Case
DOJ: Florida Nurse Practitioner Guilty in $200 Million Fraud Case
September 21, 2023  |  Fraud Attack

A Florida nurse practitioner has been convicted in a $200 million Medicare fraud scheme. Elizabeth Hernandez, 45, took part in a scheme to defraud the government by...

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Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
September 14, 2023  |  Legal

A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with...

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CertifID Raises $20 Million to Combat Real Estate Wire Fraud
CertifID Raises $20 Million to Combat Real Estate Wire Fraud
September 12, 2023  |  Fraud Prevention

Wire fraud prevention company CertifID has raised $20 million in a Series B funding round. The financing, announced Tuesday (Sept. 12), will help the Texas-based firm develop fraud prevention...

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Former Chief Growth Officer of Frank Indicted for Fraud
Former Chief Growth Officer of Frank Indicted for Fraud
July 12, 2023  |  Security & Fraud

Federal prosecutors have filed charges against a second former executive of college financial-planning startup Frank. They have indicted Olivier Amar, former chief growth officer of...

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DOJ: Las Vegas Man Charged in $45 Million CoinDeal Scheme
DOJ: Las Vegas Man Charged in $45 Million CoinDeal Scheme
May 19, 2023  |  Security & Fraud

Another person has been charged for allegedly participating in the multimillion-dollar CoinDeal investment fraud scheme that was announced in January. Bryan Lee, 57, of Las...

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