Fraud

‘Wanted by Several Countries.’ Crypto Fugitive Is Nabbed in Montenegro. | Entrepreneur
March 24, 2023
Interpol announced this evening the arrest of Kwon Do-hyeong, also known as Do Kwon, a disgraced crypto fugitive.Crypto fugitive Do Kwon arrested in Montenegro, says interior minister https://t.co/pl9PshdPNb— Financial...
Failure of Silicon Valley Bank Could Reveal Surprising Extent of Corporate Fraud | Entrepreneur
March 16, 2023
Opinions expressed by Entrepreneur contributors are their own. The high-profile and sudden failure of Silicon Valley Bank — which has been accused of hiding huge losses from its depositors,...
‘Bling Bishop’ Lamor Whitehead Allegedly Faked Bank Docs | Entrepreneur
March 9, 2023
"Bling Bishop" Lamor Whitehead, who first drew worldwide attention when he was robbed while livestreaming a sermon in July 2022, is facing new federal fraud charges. Citing Manhattan Federal...
Who Is Carlos Watson? Ozy Media Founder Arrested for Fraud | Entrepreneur
February 23, 2023
The problematic and scandal-ridden Ozy Media has been in and out of headlines over the past year and a half over shocking allegations that the company was involved in...
Entrepreneur | How AI and Machine Learning Are Improving Fraud Detection in Fintech
February 14, 2023
Opinions expressed by Entrepreneur contributors are their own. Internet fraud is a menace in our various financial institutes, and many fintech companies have been victims of this fraud game....
Miami Influencer Uses COVID Funds to Fund Her Lavish Lifestyle
February 9, 2023
The U.S. Department of Justice has indicted a Miami-based luxury real estate influencer for committing a Covid-19 scam to pay for her jet-set lifestyle.The Feds allege that glamorous real...
Elon Musk Defends 2018 Tweets in Securities Fraud Trial
January 21, 2023
In a recent court appearance in San Francisco, Tesla CEO Elon Musk defended tweets he posted in August 2018. Anadolu Agency | Getty Images In those tweets, Musk stated...
Usain Bolt Reportedly Lost Millions in Fund Fraud
January 17, 2023
Usain Bolt, the legendary Jamaican sprinter, was reportedly caught up in a massive employee fraud scheme that resulted in over $1.2 billion in stolen funds from a wealth management...
Danske Bank Pleads Guilty to Fraud in Multi-Billion Dollar Scheme to Access US Banks
December 14, 2022
Opinions expressed by Entrepreneur contributors are their own. Danske Bank, a Denmark-based global financial institution, pleaded guilty earlier this week and will forfeit $2 billion to settle a federal...
Todd and Julie Chrisley’s Jail Sentence Explained: Net Worth, More
November 23, 2022
Todd and Julie Chrisley were once known as the loveable parents on the USA Network's hit series "Chrisley Knows Best," but it all came crashing down when they were...