Tag: fraud
Texas launches new investigation into Houston's power utility following deadly outages after Beryl
AUSTIN, Texas -- Texas' attorney general launched an investigation Monday into Houston's electric utility over allegations of fraud and waste following Hurricane Beryl,...
US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case
NEW YORK -- Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a bribe conspiracy case that welled up from from his...
Vietnamese billionaire tycoon found guilty of defrauding stockholders, sentenced to 21 years
HANOI, Vietnam -- A prominent Vietnamese business tycoon was found guilty Monday of defrauding stockholders of nearly $150 million by falsely inflating the...
Montenegro court approves extradition of cryptocurrency mogul Do Kwon to native South Korea
FILE - Montenegrin police officers escort South Korean citizen, Terraform Labs founder Do Kwon, center, in Montenegro's capital Podgorica, March 23, 2024. A...
Alabama woman pleads guilty to defrauding pandemic relief fund out of $2 million
MONTGOMERY, Ala. -- An Alabama woman has pleaded guilty to federal wire fraud and money laundering charges for fraudulently claiming nearly $2 million...
Manhattan diamond dealer charged in scheme to swap real diamonds for fakes
NEW YORK -- A Manhattan diamond dealer with a history of gemstone fraud was indicted Thursday in what officials describe as a scheme...