Randall Joseph Smail faces up to 30 years in prison for lying to a bank about having $640,000 in bitcoin to get a loan. Source link
FRAUD
25 posts
A night after saying Iraq War veteran Sen. Tammy Duckworth (D-IL) hates America, Fox News host Tucker Carlson doubled down on his attacks, describing the Purple Heart recipient who lost her legs in combat as a “coward” and “fraud.” During his Monday night broadcast, the primetime conservative star played an […]
Corrupt Obama Judge Amy Berman Jackson declined Roger Stone’s plea and ordered him to report to prison on July 14th. This is the same prison that has a coronavirus outbreak so bad the government just released a convicted pedophile and a convict who committed bank and wire fraud due to […]
A voter holds her completed mail-in ballot in 2012 in Toms River, N.J. Paul J. Richards/AFP via Getty Images hide caption toggle caption Paul J. Richards/AFP via Getty Images A voter holds her completed mail-in ballot in 2012 in Toms River, N.J. Paul J. Richards/AFP via Getty Images When President […]
Sergey Medvedev, a Russian national who operated a digital currency escrow service for the $568 million payment card fraud forum he founded in 2010, pleaded guilty to racketeering charges in what the U.S. government called its largest ever cyber fraud case. Medvedev, 33, admitted in his June 26 plea before […]
Ever since the US Justice Department put an Israeli woman behind bars for 22 years last December, Israelis who operate online investment websites are running scared. Israeli binary options fraudster Lee Elbaz was found guilty by a Maryland jury on August 7, 2019, of three counts of wire fraud and one count […]
Having nerves of steel is an essential attribute for any confidence trickster, and Inigo Philbrick, 33, described as the art world’s Bernie Madoff for an alleged $20m fraud, certainly had those. Philbrick, who was arrested last week while strolling through the locked-down streets of the South Pacific island of Vanuatu, […]
The co-founder of the Centra Tech crypto project that at one time garnered A-list celebrity endorsements but was later called a scam in court, pleaded guilty Tuesday for conspiring to commit securities and wire fraud. Robert Farkas, 33, admitted he and co-founders Sohrab Sharma and Raymond Trapani misrepresented Centra Tech’s […]
This summer, the U.S. Supreme Court will consider how to interpret the 1986 Computer Fraud and Abuse Act, a key data protection law. The court’s decision could criminalize common but technically prohibited computer-related conduct, put limitations on a powerful law that punishes insider data theft and abuse like exchange hacks, […]
A Chinese researcher and officer in the People’s Liberation Army (PLA) was arrested at Los Angeles International Airport (LAX) on Sunday after US agents discovered that the individual “intentionally made false statements about his military service in his visa application.” Chinese national Xin Wang, who entered the US on March […]
The owner of a now-defunct Romanian crypto exchange called CoinFlux has pled guilty to laundering roughly $1.8 million in a fraudulent scheme involving fake eBay ads and a car wash. Vlad-Calin Nistor and 14 other defendants, including the owner of a car wash, have all entered guilty pleas at the […]
Health Editor’s Note: Politicians, scamsters, conspiracy theorists, ill-doers, etc. all just need a brief blip in life as we know it to come out of the wood work and steal all the money they can. The coronoavirus pandemic is not a blip but a major change in life as we […]
Ripple and CEO Brad Garlinghouse say an ongoing lawsuit fails to show how Garlinghouse committed fraud when allegedly selling millions of dollars’ worth of XRP in 2017. Lawyers representing the San Francisco-based blockchain company said in a court motion Monday that lead plaintiff Bradley Sostack has not demonstrated how a […]
Guardian: Donald Trump has been railing against vote by mail for the past few months – falsely citing the potential for voter fraud, which is extremely rare. As it turns out, the president himself bungled the system. Trump registered to vote in Florida last September under his White House address – […]
Nuggets, a digital identity and payments platform, has developed a way to accept deliveries without needing a physical signature to combat a spike in fraud and chargebacks during the COVID-19 pandemic. Using biometrically verified contactless delivery technology secured with blockchain technology, the London-based firm wants to equip consumers with the […]
J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Often described as the world’s first distributed computer, Ethereum is run by a network of independent and anonymous nodes. This setup ensures […]
The credibility of Craig Wright – the Australian tech entrepreneur who controversially claims to be bitcoin’s pseudonymous inventor, Satoshi Nakamoto – has taken another blow. After a list of bitcoin addresses Wright had provided as being his holdings in an ongoing court case were briefly and “inadvertently” made public by […]
A batch of South Carolina ‘ready to mail’ ballots were found in Baltimore, Maryland this week, sparking concerns of voter fraud. So here’s a crazy tidbit: Maryland election officials found a bunch of ballots from South Carolina mixed in with their shipments to Baltimore. They use the same vendor. I […]
A cryptocurrency investment fund has launched a class-action lawsuit against Block.one and EOS’ high command, arguing the “fraudulent scheme” failed to deliver on its primary promise of decentralization. The Crypto Assets Opportunity Fund (CAOF), along with individual investor Johnny Hong, has accused Block.one, its CEO Brendan Blumer, CTO Dan Larimer, […]
Ohio voters drop off their ballots last month in Dayton. The state’s Republican secretary of state has gotten pushback from within his own party for wanting to expand absentee voting during the pandemic. Megan Jelinger/AFP via Getty Images hide caption toggle caption Megan Jelinger/AFP via Getty Images Ohio voters drop […]
One particularly ugly feature of the Covid19 crisis is the sight of tax dodging billionaires lining up with grubby demands for state bail outs and/or soft loans from central government despite their long and sordid records of avoiding any tax contributions over many years. Billionaire tax dodgers are nothing but […]
A for-profit college received millions of dollars from the federal government to help low-income students whose lives have been upended by the coronavirus outbreak, but that same school, Florida Career College (FCC), is also accused of defrauding students. A federal class-action lawsuit filed on behalf of students in April calls […]
According to a press release, Miami resident Daniel Fingerhut; Israeli nationals Tal Valariola and Itay Barak; and the latter two’s companies Digital Platinum Limited, Digital Platinum Inc. and Huf Mediya conducted a five-year-long trading scheme, promising investors massive profits without actually delivering between 2013 and 2018. The alleged fraud took […]
On October 10, 2019, federal investigators [******]unsealed an indictment charging the owners and two employees of the websites Girls Do Porn and Girls Do Toys with sex trafficking and conspiracy to commit sex trafficking by force, fraud or coercion. They arrested three of the four defendants. They named the fourth, […]