Financial Crime

Trump commutes 7-year prison sentence for private equity exec convicted in scheme to defraud more than 10,000 investors

Trump commutes 7-year prison sentence for private equity exec convicted in scheme to defraud more than 10,000 investors

By Josh Boak and The Associated Press

November 30, 2025

AI may replace people in Southeast Asia’s scam complexes—and that could undercut the drive to stop them

AI may replace people in Southeast Asia’s scam complexes—and that could undercut the drive to stop them

By Angelica Ang

November 20, 2025

Tom Hayes looks at the camera

A $400 million lawsuit against UBS is designed to punish banks who throw employees to the wolves

By Lily Mae Lazarus

November 7, 2025

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated

Tom Hayes, the UBS trader who spent 5 years in prison unjustly convicted of rigging interest rates, describes what it’s like to be vindicated

By Marco Quiroz-Gutierrez

July 29, 2025

How crypto contributed to the rise and fall of one of the world’s largest child exploitation platforms

How crypto contributed to the rise and fall of one of the world’s largest child exploitation platforms

By Catherine McGrath

May 29, 2025

Father of crypto-millionaire rescued after being held for ransom—and having his finger severed

NFTs and Culture

Father of crypto-millionaire rescued after being held for ransom—and having his finger severed

By Catherine McGrath

May 5, 2025

The spectacular Synapse collapse: The ugliest divorce in fintech left $200 million in customer money frozen—and shows the risks of financial apps

By Leo Schwartz and Allie Garfinkle

March 7, 2025

French gendarmes stand alert on a street in Mereau, near Vierzon, central France on January 23, 2025, as they secure the area following the kidnapping of David Ballard - the co-founder of a company specialising in securing cryptoassets. The co-founder of a company specialising in securing cryptoassets, who was kidnapped on January 21, in France's Cher department for ransom, was released by the gendarmerie on January 22, the Paris public prosecutor's office, which is leading the investigation said. David Balland, a partner and co-founder of Ledger, was kidnapped from his home in the early hours of January 22, he was then held 'at another address', the public prosecutor's office said.

French military police rescue co-founder of €1.3bn crypto startup Ledger after bungled Paris kidnapping goes wrong

January 24, 2025

Charles Kushner

Trump names Charles Kushner, pardoned real estate mogul and father of his son-in-law, as US ambassador to France

By Fatima Hussein, Eric Tucker and The Associated Press

November 30, 2024

A JPMorgan Chase customer

TikTokers took hundreds of thousands of dollars in a viral ‘infinite money glitch.’ Now JPMorgan is suing them for fraud

By Eleanor Pringle

October 29, 2024

TD to pay $3.1 billion in money laundering case, face asset cap

By Christine Dobby, David Voreacos and Bloomberg

October 10, 2024

Gregory Gumucio, 63, leaves court in a baseball cap.

Yoga studio entrepreneur pleads guilty to dodging $2.5 million in taxes

By Larry Neumeister and The Associated Press

October 4, 2024

cop wearing bullet-proof vest

A Chinese business dispute allegedly sparked a bizarre U.S. plot with former British and Australian military officials

By John Antczak and The Associated Press

August 12, 2024

A soldier in the back of a pickup truck witnesses a smoke plume in Jalisco, Mexico

U.S. slaps Mexican accountants with sanctions for timeshare scams funneling money to one of the world’s most notorious drug cartels

By Fatima Hussein and The Associated Press

July 16, 2024

Archegos founder Bill Huang

Archegos speculator Bill Hwang could spend the rest of his life behind bars after his disastrous bets ushered in the demise of Credit Suisse

By Christiaan Hetzner

July 11, 2024

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