Tag Archives: Fraud

With calls to regulate crypto in the wake of FTX’s meltdown increasing, one legal expert says those demands are misplaced. “When it just comes to regulation of the space in general, I know a lot of people are calling for it,” Cathy Yoon, chief legal officer at MPCH, told Yahoo Finance Live (video above). “They want immediate action, but I think at the heart of things we really have to remember this really is a fraud first, and not necessarily something that touches all of the crypto… Source link

Arizona and Google announced a settlement Tuesday in a consumer fraud lawsuit, allowing the tech behemoth to pay $85 million instead of going to court later this month.  Attorney General Mark Brnovich filed the lawsuit against Google in 2020. The lawsuit was the result of a larger investigation that was prompted by 2018 reporting by the Associated Press revealing certain Google applications store location data without asking, and that deleting the data… Source link

The District of Columbia is suing MicroStrategy (MSTR) founder and Executive Chairman Michael Saylor for allegedly never paying any income taxes in the district in the more than 10 years he has lived there, Attorney General Karl A. Racine announced in a tweet on Wednesday. In addition, Racine tweeted that his office is suing MicroStrategy “for conspiring to help him evade taxes he legally owes on hundreds of millions of dollars he’s earned while living” in Washington. In a follow-up Source link

Wia dis foto come from, EFCC 11 August 2022, 11:56 WAT One Nigerian court for Oyo state, south west Nigeria don send seven yahoo boys go chill for prison. On August 8 and 9, Justice Bayo Taiwo of di Oyo State High Court, wey sit for Ibadan, convict and sentence seven internet fraudsters to different years in prison. Di yahoo boys wey chop prison sentence na Ogunyemi Olajide Temitope, Olamilekan Fafiolu Quadri, Olamilekan Paul Akinyemi, Ayegbusi Ayokunle, Taiwo Azeez Dolapo, Adeogun Usman… Source link

Tesla (TSLA) CEO Elon Musk raised the stakes in his court battle with Twitter (TWTR) on Friday, filing a counter lawsuit that accuses the social media company of fraud. “He’s now really doubling down,” University of Iowa corporate and securities law professor Robert Miller says about Musk’s countersuit. “That’s a very strong claim, if true.” In his countersuit made public on Friday, Musk’s lawyers detailed arguments first made in a July 8 letter to terminate Musk’s agreement to… Source link

The lawyer tasked with probing ex-NFL quarterback Brett Favre, former Governor Phil Bryant and others in a sprawling $94 million Mississippi welfare fraud scheme has been fired by the state. Brad Pigott, a former U.S. attorney leading the investigation for the Mississippi Department of Human Services, was informed of his termination by MDHS Director Bob Anderson on Friday. He told Mississippi Today that he wasn’t given cause for his dismissal but was told that it wasn’t related to the quality… Source link

Julie and Todd Chrisley have been convicted. (Photo: Danielle Del Valle/Getty Images for E3 Chophouse Nashville) Reality stars Todd and Julie Chrisley face up to 30 years each in prison after being convicted of bank fraud and tax evasion. Following a three-week trial in Atlanta, a federal jury began deliberating Friday and, on Tuesday, found the Chrisley Knows Best stars guilty on all counts. The celebrity couple had been accused of inflating their net worth while seeking loans from smaller… Source link

In a first for the tech giant, Google filed a consumer protection lawsuit to shield the vulnerable and unsuspecting from what it called a “nefarious” scheme: the sale of adorable, but imaginary, puppies. The lawsuit, filed Monday in U.S. District Court in San Jose, Calif., claims that Nche Noel Ntse, a Cameroon man, defrauded would-be puppy buyers using a range of Google services, including Gmail accounts, Google Voice numbers and advertisements. Mr. Ntse lured his victims with… Source link

On Monday, Google sued a scammer for allegedly running an online “puppy fraud scheme,” defrauding vulnerable people, including the elderly, out of thousands of dollars with false promises of purebred puppies. The complaint, filed Monday, accuses Nche Noel of Cameroon of using a network of fake websites, Google Voice phone numbers, and Gmail accounts to pretend to sell purebred basset hound puppies to people online. In one instance, a victim paid Noel $700 in “electronic gift… Source link

During his State of Union address Tuesday night, President Joe Biden touted his plans for the economy, as well as his plans to combat fraud and identity theft rife in pandemic relief programs like the Paycheck Protection Program (PPP). The COVID pandemic relief programs disbursed more than $800 billion over two years by the government to help small businesses stay afloat. The loans, which helped owners use that money to pay for payroll and other eligible expenses, also led to widespread… Source link