Tag: fraud
Insurance magnate pleads guilty as government describes $2B scheme
CHARLOTTE, N.C. -- An insurance magnate who was once a big political donor in North Carolina is in federal custody after pleading guilty...
Caroline Ellison begins 2-year sentence for role in Bankman-Fried's FTX fraud
DANBURY, Conn. -- Caroline Ellison, a former top executive in Sam Bankman-Fried ’s fallen FTX cryptocurrency empire, began her two-year prison sentence Thursday...
Man who used legal loophole to live rent-free for years in NYC hotel found unfit to stand trial
NEW YORK -- A man charged with fraud for claiming to own a storied Manhattan hotel where he had been living rent-free for...
French and Dutch investigators raid Netflix offices in probe of suspected financial wrongdoing
PARIS -- Prosecutors and police investigators who specialize in fighting fraud and corruption raided Netflix offices in France and the Netherlands on Tuesday,...
A courtroom of relief: FBI recovers funds for victims of scammed banker
WICHITA, KANSAS -- Sobs of relief broke out in a federal courtroom in Kansas on Monday as dozens of people whose life savings...
Ex-FTX executive spared prison sentence after cooperating against Sam Bankman-Fried
NEW YORK -- An ex-FTX executive who testified against the cryptocurrency firm’s founder at his trial last year was spared a prison sentence...