Crime

A San Diego businesswoman whose Ponzi scheme bilked hundreds of people out of nearly $400 million was sentenced Wednesday to 15 years in federal prison.

Deutsche Bank had accused the funds of having "sellers' remorse" for agreeing to sell the claims at 66 cents on the dollar in 2011, only to see their value later rise substantially

A former Bank of America employee allegedly "encouraged female victims into letting him assist them with setting up their bank accounts."

Jegara Igbara, who gained more than one million followers under the Instagram account where he went by "Jay Mazini," allegedly defrauded at least $2.5 million from his followers through a Bitcoin scheme. 

Mike Bloomberg’s gun control organization, Everytown for Gun Safety, says it’s spending seven figures to launch a TV and digital ad campaign to pass what it calls “life-saving” background check measures that passed the House on near party-line votes earlier this month.

Apollo Global Management co-founder Leon Black has stepped down from his role as CEO of the private equity giant earlier than anticipated, in the wake of months of criticism over ties to convicted financier Jeffrey Epstein.

U.S. prosecutors on Thursday charged the co-founders of uBiome Inc, a San Francisco biotechnology startup, with defrauding investors about its ability to expand clinical tests to monitor gut health and obtain reimbursements from insurers.

The new policy is available to Facebook employees globally who have experienced domestic violence or sexual assault, or if they have a relative who has experienced that abuse.

States are sending forms showing benefits received to thousands of people who didn’t get any money.

Demand for civilian-use stun-guns soared in 2020 amid civil unrest and high violent crime rates across the nation, with Taser reporting a consumer sales jump of approximately 300% year-over-year.

Emergency loans made to small businesses during the coronavirus pandemic have been added to a list of government programs considered at high risk of waste, fraud or mismanagement.

Co-conspirators including a GE engineer pitched their startup to Chinese investors, the Department of Justice said.

Theranos Inc. founder Elizabeth Holmes is sparring with federal prosecutors over an inaccessible database recording millions of the company's blood tests, arguing the government can't prove the test results were unreliable without the database's information.

Attorneys for Elizabeth Holmes have slammed prosecutors in her fraud case for their efforts to show the ousted Theranos former “destroyed” evidence, arguing instead that the government “sat on their hands” failed to “preserve” the data.

A former Texas bank president was sentenced to eight years in federal prison Tuesday for embezzling millions of dollars and burning the incriminating records to cover her tracks, according to the U.S. Attorney's Office for the Eastern District of Texas.

Tax season has arrived along with scams aiming to steal your identity.

Former New York Lieutenant Gov. Betsy McCaughey believes more information about corruption in the Cuomo administration will start coming out now that Democrat colleagues are starting to “break.”

Two child trafficking survivors have filed a lawsuit against porn company MindGeek and its popular adult video-sharing website, Pornhub.

Attorneys representing embattled Theranos founder Elizabeth Holmes have fired back again in an attempt to prevent prosecutors from detailing the one-time billionaire’s “wealth, spending, and lifestyle” as they try to prove a motive for her alleged fraud.

Former New York Gov. George Pataki is calling for a bipartisan investigation with subpoena power over the alleged nursing home scandal.