Tag #Financial Crime

Showing 109 to 113 of 113 results

cbsnews.com

🌐 85% Global Worthiness

Dec 4, 04:09

Former CEO Sentenced to 20 Years for \$190 Million Ponzi Scheme

Johanna Michely Garcia, former CEO of MJ Capital Funding, was sentenced to 20 years in prison for a \$190 million Ponzi scheme that continued while she was in federal custody, defrauding over 2,000 investors and resulting in nearly \$90 million in losses.

Former CEO Sentenced to 20 Years for \$190 Million Ponzi Scheme

Johanna Michely Garcia, former CEO of MJ Capital Funding, was sentenced to 20 years in prison for a \$190 million Ponzi scheme that continued while she was in federal custody, defrauding over 2,000 investors and resulting in nearly \$90 million in losses.

Progress

16% Bias Score

ShareSaveArticle

12345678

Previous 1 of 8 Next

What is the extent of the financial losses and the sentence imposed on Johanna Garcia for her role in the Ponzi scheme?

Johanna Michely Garcia, former CEO of MJ Capital Funding, received a 20-year prison sentence for a Ponzi scheme defrauding investors of over \$190 million. The scheme continued even while Garcia was in federal custody, involving multiple companies and over 2,000 victims. Investors lost nearly \$90 million.

apnews.com

🌐 % Global Worthiness

Nov 15, 01:02

Laffitte Conviction Overturned

Banker Russell Laffitte's conviction for helping Alex Murdaugh hide millions is overturned due to judicial errors, leading to a retrial.

Laffitte Conviction Overturned

Banker Russell Laffitte's conviction for helping Alex Murdaugh hide millions is overturned due to judicial errors, leading to a retrial.

Progress

0% Bias Score

ShareSaveArticle

12345678910

Previous 1 of 10 Next

Why was Russell Laffitte's conviction overturned?

Russell Laffitte's conviction and seven-year prison sentence were overturned due to errors made by the trial judge regarding a juror's anxiety during deliberations. The appeals court ruled that Laffitte's constitutional rights were violated.

euronews.com

🌐 % Global Worthiness

Nov 5, 19:04

Netflix Under Tax Fraud Investigation

Authorities in France and the Netherlands searched Netflix offices as part of a tax fraud investigation involving allegations of money laundering and undeclared work.

Netflix Under Tax Fraud Investigation

Authorities in France and the Netherlands searched Netflix offices as part of a tax fraud investigation involving allegations of money laundering and undeclared work.

Progress

0% Bias Score

ShareSaveArticle

12345678910

Previous 1 of 10 Next

Which authorities were involved in the coordinated searches?

Investigators from the Central Office for the Fight against Corruption and Financial and Tax Offences (OCLCIFF) in France and Dutch magistrates led the searches, coordinated by Eurojust.

dailymail.co.uk

🌐 30% Global Worthiness

Nov 18, 01:16

Wisconsin Woman Scammed Out of Nearly Half a Million Dollars

A Wisconsin woman was scammed out of nearly \$500,000 by fraudsters posing as Apple and FTC officials. The scammers convinced her to invest in gold, which was then stolen.

Wisconsin Woman Scammed Out of Nearly Half a Million Dollars

A Wisconsin woman was scammed out of nearly \$500,000 by fraudsters posing as Apple and FTC officials. The scammers convinced her to invest in gold, which was then stolen.

Progress

28% Bias Score

ShareSaveArticle

Reduced Inequality

12345678

Previous 1 of 8 Next

How did the scammers initially contact the victim and gain her trust?

A woman in Prescott, Wisconsin, was scammed out of nearly \$500,000 by a group of fraudsters who targeted at least 49 people in Wisconsin alone.

dailymail.co.uk

🌐 % Global Worthiness

Nov 12, 13:12

Metro Bank fined for money laundering failings

Metro Bank fined \u00a316.7 million for money laundering failures.

Metro Bank fined for money laundering failings

Metro Bank fined \u00a316.7 million for money laundering failures.

Progress

0% Bias Score

ShareSaveArticle

12345678910

Previous 1 of 10 Next

What was the amount of the fine levied against Metro Bank?

Metro Bank was fined \u00a316.7 million by the Financial Conduct Authority (FCA) for failing to adequately monitor over 60 million transactions between 2016 and 2020 due to deficiencies in its money laundering checks.

Showing 109 to 113 of 113 results