Showing 109 to 120 of 124 results
CNMV Sanctions Twitter for Fraudulent Ads, Potential Fine Up to €10 Million
The Spanish financial regulator, CNMV, has launched sanction proceedings against Twitter International for allowing Quantum AI's fraudulent ads on X, using deepfakes of public figures and leading to potential large-scale financial scams; the potential fine is up to 10% of Twitter's revenue or €10 mi...
CNMV Sanctions Twitter for Fraudulent Ads, Potential Fine Up to €10 Million
The Spanish financial regulator, CNMV, has launched sanction proceedings against Twitter International for allowing Quantum AI's fraudulent ads on X, using deepfakes of public figures and leading to potential large-scale financial scams; the potential fine is up to 10% of Twitter's revenue or €10 mi...
Progress
40% Bias Score
FBI Warns of Cartel-Linked Timeshare Scam
The FBI warns of a timeshare scam linked to the Jalisco New Generation drug cartel, causing significant financial losses for victims; one retired couple lost over \$50,000.
FBI Warns of Cartel-Linked Timeshare Scam
The FBI warns of a timeshare scam linked to the Jalisco New Generation drug cartel, causing significant financial losses for victims; one retired couple lost over \$50,000.
Progress
28% Bias Score
Surge in French Investment Scams Causes €500 Million in Annual Losses
French authorities announced a sharp increase in investment scams, causing at least €500 million in annual losses; victims, mostly men under 35, are targeted through cryptocurrency investments and fake financial products, with losses averaging €29,000.
Surge in French Investment Scams Causes €500 Million in Annual Losses
French authorities announced a sharp increase in investment scams, causing at least €500 million in annual losses; victims, mostly men under 35, are targeted through cryptocurrency investments and fake financial products, with losses averaging €29,000.
Progress
40% Bias Score
North Korea IT Worker Scheme Generates $88 Million for Weapons Programs
Fourteen North Korean nationals were indicted in St. Louis for a scheme using thousands of IT workers with false identities to generate over $88 million for North Korea's weapons programs via U.S. companies, involving theft and extortion; the FBI is also targeting domestic enablers.
North Korea IT Worker Scheme Generates $88 Million for Weapons Programs
Fourteen North Korean nationals were indicted in St. Louis for a scheme using thousands of IT workers with false identities to generate over $88 million for North Korea's weapons programs via U.S. companies, involving theft and extortion; the FBI is also targeting domestic enablers.
Progress
40% Bias Score
EasyKnock, Facing Lawsuits, Closes Abruptly
Facing over two dozen lawsuits and multiple state investigations, EasyKnock, a real estate company offering sale-leaseback deals, unexpectedly closed its doors Thursday, leaving hundreds of homeowners with uncertain housing situations and raising concerns about the future of similar business models.
EasyKnock, Facing Lawsuits, Closes Abruptly
Facing over two dozen lawsuits and multiple state investigations, EasyKnock, a real estate company offering sale-leaseback deals, unexpectedly closed its doors Thursday, leaving hundreds of homeowners with uncertain housing situations and raising concerns about the future of similar business models.
Progress
48% Bias Score
Kontilai Sentenced to Prison for Fraudulent Scheme Involving Jackie Robinson Contracts
Mykalai Kontilai, 55, was sentenced to 51 months in prison and ordered to pay $6.1 million in restitution for a wire fraud scheme involving the misrepresentation of Jackie Robinson's baseball contracts to investors, resulting in the misappropriation of $6.1 million in funds for personal use and his ...
Kontilai Sentenced to Prison for Fraudulent Scheme Involving Jackie Robinson Contracts
Mykalai Kontilai, 55, was sentenced to 51 months in prison and ordered to pay $6.1 million in restitution for a wire fraud scheme involving the misrepresentation of Jackie Robinson's baseball contracts to investors, resulting in the misappropriation of $6.1 million in funds for personal use and his ...
Progress
56% Bias Score
Walmart Faces Lawsuit for Allegedly Deceiving Delivery Drivers
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Walmart, alleging the company secretly opened bank accounts for over a million delivery drivers via the Spark program, using their personal information and resulting in over \$10 million in fees since 2021.
Walmart Faces Lawsuit for Allegedly Deceiving Delivery Drivers
The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Walmart, alleging the company secretly opened bank accounts for over a million delivery drivers via the Spark program, using their personal information and resulting in over \$10 million in fees since 2021.
Progress
56% Bias Score
1MDB Sues Amicorp for \$1 Billion Over \$7 Billion in Alleged Fraud
1MDB is suing Amicorp Group and its CEO for over \$1 billion for allegedly facilitating over \$7 billion in fraudulent transactions between 2009 and 2014, using shell companies and sham transactions to launder stolen funds through multiple jurisdictions, as part of a global effort to recover misappr...
1MDB Sues Amicorp for \$1 Billion Over \$7 Billion in Alleged Fraud
1MDB is suing Amicorp Group and its CEO for over \$1 billion for allegedly facilitating over \$7 billion in fraudulent transactions between 2009 and 2014, using shell companies and sham transactions to launder stolen funds through multiple jurisdictions, as part of a global effort to recover misappr...
Progress
48% Bias Score
AI-Powered Scams Poised to Explode in 2025
A Telegram ad for a pig butchering scam shows a woman offering her services as an "AI model", indicating AI's growing role in financial fraud; Deloitte predicts $40 billion in AI-enabled losses by 2027, while the FBI warns of larger-scale AI-driven fraud.
AI-Powered Scams Poised to Explode in 2025
A Telegram ad for a pig butchering scam shows a woman offering her services as an "AI model", indicating AI's growing role in financial fraud; Deloitte predicts $40 billion in AI-enabled losses by 2027, while the FBI warns of larger-scale AI-driven fraud.
Progress
52% Bias Score
Peruvian Cooperative Fraud: $188 Million Lost, 22 Arrested
A $188 million fraud at Peru's AELU cooperative has left 20,000 savers without their life savings; 22 people have been arrested, with investigations ongoing into a larger network of 52 suspects.
Peruvian Cooperative Fraud: $188 Million Lost, 22 Arrested
A $188 million fraud at Peru's AELU cooperative has left 20,000 savers without their life savings; 22 people have been arrested, with investigations ongoing into a larger network of 52 suspects.
Progress
40% Bias Score
CFPB Awards $1.8 Billion in Refunds for Credit Repair Scam
Over 4.3 million Americans will receive $1.8 billion in refunds due to illegal fees and deceptive advertising by credit repair companies Lexington Law and CreditRepair.com, following a CFPB court victory and subsequent company bankruptcies.
CFPB Awards $1.8 Billion in Refunds for Credit Repair Scam
Over 4.3 million Americans will receive $1.8 billion in refunds due to illegal fees and deceptive advertising by credit repair companies Lexington Law and CreditRepair.com, following a CFPB court victory and subsequent company bankruptcies.
Progress
40% Bias Score
AI-Powered Cyberattacks Cost Banks $100 Billion Annually
A criminal group used "jackpotting," a malware-based ATM attack, to steal €80,000 in France in 2023, highlighting a rise in cybercrime costing the banking sector $100 billion annually, amplified by AI-powered techniques.
AI-Powered Cyberattacks Cost Banks $100 Billion Annually
A criminal group used "jackpotting," a malware-based ATM attack, to steal €80,000 in France in 2023, highlighting a rise in cybercrime costing the banking sector $100 billion annually, amplified by AI-powered techniques.
Progress
36% Bias Score
Showing 109 to 120 of 124 results