Gillis Faces 18 Months for Tax Fraud
The Dutch Public Prosecutor (OM) is demanding an 18-month prison sentence for Peter Gillis and fines totaling €565,000 for tax fraud, allegedly involving at least €500,000 in evaded taxes and the manipulation of accounting records at his Oostappen Groep holiday parks.
Gillis Faces 18 Months for Tax Fraud
The Dutch Public Prosecutor (OM) is demanding an 18-month prison sentence for Peter Gillis and fines totaling €565,000 for tax fraud, allegedly involving at least €500,000 in evaded taxes and the manipulation of accounting records at his Oostappen Groep holiday parks.
Progress
52% Bias Score
Cryptocurrency Scam Targets Remote Workers, Over \$2 Million Stolen
New York Attorney General Letitia James filed a lawsuit against an unknown network of scammers who stole over \$2 million in cryptocurrency from at least seven victims nationwide by offering fake remote work opportunities through text messages.
Cryptocurrency Scam Targets Remote Workers, Over \$2 Million Stolen
New York Attorney General Letitia James filed a lawsuit against an unknown network of scammers who stole over \$2 million in cryptocurrency from at least seven victims nationwide by offering fake remote work opportunities through text messages.
Progress
32% Bias Score
Ernst's Bill Aims to Recover \$200 Billion in Fraudulent COVID-19 Relief Loans
Senator Joni Ernst introduced the Complete COVID Collections Act to recover over \$200 billion in potentially fraudulent COVID-19 relief loans, extending the Inspector General for Pandemic Recovery's authority and strengthening enforcement to include the Justice Department.
Ernst's Bill Aims to Recover \$200 Billion in Fraudulent COVID-19 Relief Loans
Senator Joni Ernst introduced the Complete COVID Collections Act to recover over \$200 billion in potentially fraudulent COVID-19 relief loans, extending the Inspector General for Pandemic Recovery's authority and strengthening enforcement to include the Justice Department.
Progress
56% Bias Score
BEC Scam Highlights Email Security Vulnerabilities
Teresa W. almost lost thousands of dollars in a BEC scam where hackers accessed her email, created an Outlook rule to forward fraudulent emails to her banker, and impersonated her to initiate a wire transfer; her banker's vigilance prevented the loss.
BEC Scam Highlights Email Security Vulnerabilities
Teresa W. almost lost thousands of dollars in a BEC scam where hackers accessed her email, created an Outlook rule to forward fraudulent emails to her banker, and impersonated her to initiate a wire transfer; her banker's vigilance prevented the loss.
Progress
44% Bias Score
Dutch Crypto Trader Arrested for Alleged €4.5 Million Fraud
A 24-year-old Dutch crypto trader was arrested on Monday for suspected fraud and embezzlement after informing hundreds of clients in early 2023 that he had lost their investments, totaling an estimated €1.5 million to €4.5 million; a local foundation representing 75 victims compiled a dossier for po...
Dutch Crypto Trader Arrested for Alleged €4.5 Million Fraud
A 24-year-old Dutch crypto trader was arrested on Monday for suspected fraud and embezzlement after informing hundreds of clients in early 2023 that he had lost their investments, totaling an estimated €1.5 million to €4.5 million; a local foundation representing 75 victims compiled a dossier for po...
Progress
44% Bias Score
Germany's Slow Cum-Ex/Cum-Cum Recovery: Systemic Issues and Call for Reform
Former German prosecutor Brorhilker criticizes the slow recovery of billions of euros lost to Cum-Ex and Cum-Cum tax schemes due to insufficient inter-agency cooperation, lack of specialized expertise, and data stored abroad; she calls for a central authority to combat financial crime.
Germany's Slow Cum-Ex/Cum-Cum Recovery: Systemic Issues and Call for Reform
Former German prosecutor Brorhilker criticizes the slow recovery of billions of euros lost to Cum-Ex and Cum-Cum tax schemes due to insufficient inter-agency cooperation, lack of specialized expertise, and data stored abroad; she calls for a central authority to combat financial crime.
Progress
48% Bias Score
Germany Seizes Over €500 Million in Criminal Assets in 2023
German authorities seized over €500 million in criminally obtained assets in 2023, a €50 million increase from 2022, highlighting the growing effectiveness of asset forfeiture in combating organized crime and deterring future criminal activity.
Germany Seizes Over €500 Million in Criminal Assets in 2023
German authorities seized over €500 million in criminally obtained assets in 2023, a €50 million increase from 2022, highlighting the growing effectiveness of asset forfeiture in combating organized crime and deterring future criminal activity.
Progress
44% Bias Score
Mumbai Ponzi Scheme Defrauds 125,000 Investors of ₹200 Million
In Mumbai, India, the Torres Company, a seemingly legitimate investment firm, defrauded an estimated 125,000 investors of over ₹200 million, promising high returns on investments in jewelry and other assets before ceasing operations and triggering protests outside its offices.
Mumbai Ponzi Scheme Defrauds 125,000 Investors of ₹200 Million
In Mumbai, India, the Torres Company, a seemingly legitimate investment firm, defrauded an estimated 125,000 investors of over ₹200 million, promising high returns on investments in jewelry and other assets before ceasing operations and triggering protests outside its offices.
Progress
44% Bias Score
Credit Suisse Archive Yields Evidence of Nazi-Era Asset Concealment
Neil Barofsky's investigation of Credit Suisse archives from June 2021 to December 2022, and again since December 2023, uncovered 23 documents related to 13 individuals with known Nazi ties out of a sample of 99 names, prompting a full scan of the archives.
Credit Suisse Archive Yields Evidence of Nazi-Era Asset Concealment
Neil Barofsky's investigation of Credit Suisse archives from June 2021 to December 2022, and again since December 2023, uncovered 23 documents related to 13 individuals with known Nazi ties out of a sample of 99 names, prompting a full scan of the archives.
Progress
48% Bias Score
German Pellets Insolvency Trial Nears End with Plea Bargain
A plea bargain in the German Pellets insolvency trial could let the former CEO avoid prison if convicted; the deal hinges on accepting November 15, 2015, as the insolvency date, dropping earlier charges; investors lost about €260 million.
German Pellets Insolvency Trial Nears End with Plea Bargain
A plea bargain in the German Pellets insolvency trial could let the former CEO avoid prison if convicted; the deal hinges on accepting November 15, 2015, as the insolvency date, dropping earlier charges; investors lost about €260 million.
Progress
36% Bias Score
Cum-Ex Schemes Continue to Defraud Germany Despite Legal Changes
Former Cologne prosecutor Brorhilker reveals that Cum-Ex schemes, costing Germany at least €10 billion between 2006-2011, persist despite a 2012 law, facilitated by data stored in foreign jurisdictions with weak legal protections; she advocates for a centralized German authority to combat such finan...
Cum-Ex Schemes Continue to Defraud Germany Despite Legal Changes
Former Cologne prosecutor Brorhilker reveals that Cum-Ex schemes, costing Germany at least €10 billion between 2006-2011, persist despite a 2012 law, facilitated by data stored in foreign jurisdictions with weak legal protections; she advocates for a centralized German authority to combat such finan...
Progress
48% Bias Score
Thuringia Phone Scams: €4.5 Million in Losses by November 2024
By the end of November 2024, phone scams in Thuringia, Germany, caused approximately €4.5 million in losses, exceeding the €4.4 million total for 2023; 3200 cases were reported in 2024, with scammers succeeding in 500.
Thuringia Phone Scams: €4.5 Million in Losses by November 2024
By the end of November 2024, phone scams in Thuringia, Germany, caused approximately €4.5 million in losses, exceeding the €4.4 million total for 2023; 3200 cases were reported in 2024, with scammers succeeding in 500.
Progress
16% Bias Score