LONDON — A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in China in a Ponzi scheme was sentenced by a U.K. court on Tuesday to over 11 years in prison. Police said the investigation into Zhimin Qian, 47, led to officers recovering devices…
New York Attorney General Letitia James asked a federal judge Friday to dismiss a mortgage fraud case against her, calling it a vindictive and politically motivated prosecution brought at the behest of a president who regards her as an enemy. The motion, which had been expected, argues the case against James was driven by personal…
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. In 2023, Changpeng Zhao—founder and former CEO of Binance, the biggest crypto exchange in the world—pleaded guilty to money-laundering violations. He served a four-month prison term and paid a $50 million fine. Zhao, usually…
A Florida conman who claimed he was billionaire Elon Musk stole $600,000 from an elderly woman whom he promised millions in return, according to police. Jeffrey Moynihan, 55, impersonated the world’s richest man and struck up a friendship with a 74-year-old woman from Texas on Facebook, cops in Bradenton said. After the pair exchanged messages…
Kolkata: Bhowanipore PS, with help of Lalbazar cyber cell, arrested a “lone wolf”, who duped firms of costly phones and invested the money in gold. He chose to stay in hotels across the city while carrying out his operations with only a rucksack.Accused Manoj Agarwal used his experience of running a mobile phone business at…
Americans receive tens of millions of unsolicited automated calls and texts each day, often intended to dupe them into forking over personal information or money. That’s the thrust of a new report by U.S. PIRG Education Fund, a consumer advocacy organization, which found that scam and telemarketing calls and texts have proliferated across the country,…
The U.S. government has seized $15 billion in bitcoin from a Cambodian business conglomerate charged with running a global cryptocurrency scam. Federal prosecutors claim Chen Zhi, the founder and chairman of Prince Holding Group, oversaw a vast criminal network in Cambodia built on forced labor that extracted billions from victims in the U.S. and around…
BANGKOK — A court in China sentenced 11 people to death on Monday for their roles in a family-run crime syndicate accused of running illegal gambling and scam operations worth more than $1.4 billion and for the deaths of disobedient workers. The Wenzhou Intermediate People’s Court sentenced Ming Guoping, Ming Zhenzhen, Zhou Weichang — all…
LOUISVILLE, Ky. (WAVE) – If you received an invitation to Louisville Fashion Week or purchased tickets from the website, the Better Business Bureau says the event is likely a scam. Mellwood Art Center alerted BBB via BBB’s ScamTracker of a website promoting an event called “Louisville Fashion Week.” The website promotes a four-day event scheduled for November 6 through 9 at…
A Missouri woman was sentenced Tuesday to more than four years in federal prison for scheming to defraud Elvis Presley’s family by trying to auction off his Graceland home and property before a judge halted the brazen foreclosure sale. U.S. District Judge John T. Fowlkes Jr. sentenced Lisa Jeanine Findley in federal court in Memphis…