Tag #Fraud

cbsnews.com
🌐 85% Global Worthiness
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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

nos.nl
🌐 75% Global Worthiness
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Belgian 3x3 Basketball Player Faces Imprisonment for Olympic Qualification Fraud

Belgian 3x3 basketball player Nick Celis faces potential imprisonment for creating 27 fake tournaments to fraudulently qualify for the Tokyo 2021 Olympics, prompting FIBA to reform its ranking system.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
edition.cnn.com
🌐 85% Global Worthiness
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Vietnam Upholds Death Sentence for Tycoon in $12 Billion Fraud Case

A Vietnamese court upheld the death sentence for real estate tycoon Truong My Lan, convicted of embezzlement and bribery in a record-breaking $12 billion fraud case that prompted a $24 billion government bailout of a major bank she largely controlled.

Progress

56% Bias Score

us.cnn.com
🌐 85% Global Worthiness
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Vietnam Upholds Death Sentence in $12 Billion Fraud Case

A Vietnamese court upheld the death sentence for real estate tycoon Truong My Lan for her role in a $12 billion fraud case, Vietnam's largest financial fraud, prompting a $24 billion government bailout of Saigon Joint Stock Commercial Bank.

Progress

48% Bias Score

forbes.com
🌐 85% Global Worthiness
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FBI and Check Point Warn of Surge in Online Scams During 2024 Holiday Season

The FBI and Check Point warn of a surge in online scams during the 2024 holiday shopping season, with scam websites up 89% and 80% of email offers fraudulent; record online spending of $241 billion and a 53.2% mobile share heighten the risk.

Progress

44% Bias Score

welt.de
🌐 85% Global Worthiness
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Trump Seeks Dismissal of $464 Million Fraud Penalty

Following his re-election, US President Donald Trump requested the dismissal of a $464 million fraud penalty, arguing that it would serve the national interest and promote unity.

Progress

40% Bias Score

cnbc.com
🌐 85% Global Worthiness
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Florida Woman Sentenced to 20 Years for $190 Million Ponzi Scheme

A Florida woman, Johanna Garcia, was sentenced to 20 years in prison for her role in a $190 million Ponzi scheme that defrauded investors of nearly $90 million, involving fraudulent short-term loans and a subsequent scheme after the initial one was shut down.

Progress

36% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
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Vietnam Upholds Death Sentence in $12.5 Billion Fraud Case

A Vietnamese court upheld the death sentence for real estate tycoon Truong My Lan, convicted of embezzlement and bribery in a $12.5 billion fraud, nearly 3% of Vietnam's 2022 GDP, impacting investor confidence and raising concerns about the country's financial system.

Progress

36% Bias Score

nrc.nl
🌐 85% Global Worthiness
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Vietnam Upholds Death Sentence for Billionaire in $12 Billion Embezzlement Case

A Vietnamese court upheld the death sentence for 68-year-old real estate tycoon Truong My Lan for embezzling $12 billion between 2012 and 2022 through shell companies, causing widespread financial losses and rare protests; she can have it commuted to life in prison by repaying $9 billion.

Progress

52% Bias Score

abcnews.go.com
🌐 75% Global Worthiness
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Arizona Voucher Program Fraud: $110,000 in Public Funds Misused

Two out-of-state residents defrauded Arizona's school voucher program by falsely claiming 50 children, 43 of whom were fictitious, receiving over $110,000 in public funds and using forged documents between December 2022 and May 2024; they now face 60 felony counts each.

Progress

52% Bias Score

Quality Education
t24.com.tr
🌐 75% Global Worthiness
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Sophisticated Counterfeit $50 Bills Halt USD Purchases in Turkey

The Turkish Central Bank (TCMB) revealed a report on counterfeit $50 bills, noting sophisticated techniques like mimicking magnetic properties and laser-printed serial numbers, causing banks to temporarily halt USD purchases; 232 counterfeit bills were identified.

Progress

32% Bias Score

Reduced Inequality
us.cnn.com
🌐 75% Global Worthiness
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Arizona Treasurer Pleads Guilty to Embezzlement

Former Arizona county treasurer pleads guilty to embezzling over \$38 million in county funds.

Progress

16% Bias Score

Peace, Justice, and Strong Institutions