Tag #Financial Crime

Showing 25 to 36 of 104 results

dailymail.co.uk
🌐 85% Global Worthiness
News related image

Former CFO Sentenced to Nine Years for Embezzling \$6.7 Million from Birth Injury Fund

John Hunter Raines, a 38-year-old father of three and former chief financial officer of Virginia Birth-Related Neurological Injury Compensation Program, was sentenced to nine years in prison for embezzling \$6.7 million in taxpayer money to fund a lavish lifestyle between January 2022 and October 20...

Progress

44% Bias Score

No Poverty
zeit.de
🌐 75% Global Worthiness
News related image

Surge in Counterfeit Currency Reported in Sachsen-Anhalt

In 2024, Sachsen-Anhalt, Germany, saw a significant rise in counterfeit currency, with 1,104 fake banknotes totaling €78,500 discovered, compared to 776 totaling €30,500 in 2023; this increase, primarily in €50 notes, mirrors a national trend despite an overall decrease in the national financial los...

Progress

12% Bias Score

Reduced Inequality
roma.repubblica.it
🌐 85% Global Worthiness
News related image

Italian Lawyers Arrested in Major Insurance Fraud Scheme

Three civil lawyers and four other professionals in Frosinone, Italy, were arrested and investigated for orchestrating a wide-ranging insurance fraud scheme involving falsified car accidents and inflated damage claims to defraud major insurance companies, including AXA, UnipolSai, Vittoria, Tua, Gen...

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
News related image

Life Sentence for Ponzi Schemer Convicted of Murder

Natalie Cochran, who was already serving a 135-month prison sentence for a $2.5 million Ponzi scheme, was recently convicted of first-degree murder for killing her husband in 2019 and sentenced to life in prison without the possibility of parole.

Progress

60% Bias Score

Reduced Inequality
euronews.com
🌐 85% Global Worthiness
News related image

IRS Reports $9.1 Billion in Tax Fraud, Warns of Rising Scam Risks

The IRS reported $9.1 billion (€8.7bn) in fraud from financial and tax crimes in 2024, prompting warnings about various scams including fake refunds, ghost preparers, fake charities, smishing/phishing, back tax demands, social media scams, and schemes targeting non-English speakers and seniors.

Progress

16% Bias Score

Reduced Inequality
abcnews.go.com
🌐 90% Global Worthiness
News related image

\$126 Million Gold Bar Scam Targets Americans

A nationwide gold bar courier scam defrauded Americans of \$126 million in 2024, targeting victims through computer pop-up messages and using couriers to collect gold purchased by victims who were instructed to do so by those who posed as federal agents. The scam is linked to call centers in India.

Progress

24% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
News related image

£200m Money Laundering Plot: Four Sentenced, Three Flee

Four men were sentenced to lengthy prison terms for their involvement in a £200 million money laundering scheme that operated between 2014 and 2016, using businesses in Bradford, London, and Hatton Garden to convert criminal cash into gold shipped to Dubai; three of the men are fugitives.

Progress

48% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
News related image

Fraudster Repays £95,483 Stolen from Two Charities

Lindsay MacCallum, a former fundraising manager, repaid £86,000 stolen from Rainbow Valley cancer charity and £9,505 from the Anthony Nolan Trust, following a three-year fraud spanning 2011-2021; she was jailed last October for three years.

Progress

32% Bias Score

No Poverty
kathimerini.gr
🌐 75% Global Worthiness
News related image

Greek Tax Crackdown Boosts Nightclub Revenue

The Independent Public Revenue Authority of Greece (IAPRAG) launched "Operation Saturday Night Fever" on January 11, 2025, resulting in a significant increase in reported revenue from 29 nightclubs in Athens and Thessaloniki after using a combination of on-site audits and real-time digital monitorin...

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
News related image

Former Co-op Bank Chair Jailed for Fraud

Paul Flowers, former Co-op Bank chair and Methodist minister, was sentenced to three years in prison for defrauding nearly £100,000 from the will of a vulnerable friend, using the money for personal expenses, including drugs and holidays, after he was made executor of her will.

Progress

32% Bias Score

Reduced Inequality
it.euronews.com
🌐 85% Global Worthiness
News related image

Tax Scams Surge, Costing $9.1 Billion in 2024

The IRS reported $9.1 billion in tax-related fraud in 2024, highlighting a rise in scams targeting stressed taxpayers during tax season; common tactics include fake refunds, ghost preparers, and fraudulent charities.

Progress

20% Bias Score

Reduced Inequality
abcnews.go.com
🌐 75% Global Worthiness
News related image

British Court Sides with Vatican in \$375 Million Property Dispute

A British court ruled against financier Raffaele Mincione in a case involving the Vatican's \$375 million London property investment, finding he prioritized self-interest but stopping short of declaring fraud; the Vatican expressed satisfaction.

Progress

40% Bias Score

Reduced Inequality

Showing 25 to 36 of 104 results