Former FTX executive Gary Wang spared prison time for role in crypto fraud
Former FTX executive Gary Wang, who wrote computer code for Sam Bankman-Fried, was spared prison time on Wednesday after cooperating with prosecutors.
Hacker sentenced over bitcoin theft worth billions
A bitcoin hack that's now worth billions of dollars and a scheme to launder those proceeds resulted in Ilya Lichtenstein being sentenced to five years in prison.
CEOs say shrink is easing, but experts warn retail theft isn't: 'Two different conversations'
Retail executives have said that they've been seeing a decrease in shrink. However, industry experts say this doesn't mean that retail theft has decreased.
Two charged in Nashville jewelry store robbery: over $1 million in gold, jewelry
Two people have been charged after allegedly swiping over $1 million in gold and jewelry during a recent Nashville, Tennessee, jewelry store heist, according to the Metro Nashville Police Department.
JPMorgan Chase starts suing customers who allegedly stole funds in ATM glitch scam that went viral
Chase filed four lawsuits on Monday against customers who allegedly stole thousands of dollars while participating in the viral ATM glitch check fraud scam over the summer.
Visa report highlights emerging scams targeting consumers and travelers
Visa released a new report detailing the emerging scams targeting consumers and travelers, including the emergence of "digital pickpocketing" and scams involving fake airline bookings.
Will California's Proposition 36 counter theft and drug crimes?
Voters in the state of California will have the opportunity to roll back a decade-old criminal justice reform measure and toughen punishments for theft and drug crimes in the state.
NYC business tycoon mulling mayoral run if Adams resigns or is ousted
United Refining Company Chairman and CEO John Catsimatidis explains why he is considering a mayoral bid should New York City Mayor Eric Adams resign.
California voters to weigh in on harsher punishments for theft and drug crimes
California's Proposition 36 would increase penalties for certain crimes by making changes to criminal justice reforms that were mandated by Proposition 47 in 2014.
Stuart Varney: Democrat policies are destroying America's biggest cities
FOX Business' Stuart Varney reacted to the indictment of New York City Mayor Eric Adams on criminal charges after a federal corruption investigation.
Sam Bankman-Fried's ex-girlfriend, Caroline Ellison, sentenced to 2 years in prison
Former FTX CEO Sam Bankman-Fried's ex-girlfriend and co-conspirator, Caroline Ellison, was sentenced to 24 months behind bars for her role in the collapse of the crypto empire.
Stuart Varney: Democrat rule is to blame for New York City's problems
FOX Business' Stuart Varney discusses New York City's immigration problem and crime epidemic as Mayor Eric Adams is 'paralyzed' by several investigations.
Getting a call or email about missing jury duty? It's a scam.
Another scam has been circulating. This time it's tricking people into believing that they missed a jury summons, which typically has severe consequences.
Crypto fraud losses surge to $5.6B in 2023: these states were hit hardest
Fraudsters swindled people out of billions using cryptocurrency-related schemes in 2023. When it came to such losses in the U.S., the FBI found some states were hit harder than others.
ATM bitcoin scams are on the rise
Another scam is growing. This time its target people who use Bitcoin ATM machines. Individuals that are over 60 years old have reported falling victim the most.
Chase to partner with law enforcement against ATM 'glitch' scammers: 'Fraud, plain and simple'
Chase says it is set to partner with law enforcement to pursue charges against participants in a scam involving a "glitch" in its systems, as it would any other fraud-related issue.
Goodwill stores shutter doors, citing 'escalating theft, rising rents'
Two Goodwill locations in Washington state will close due to "escalating theft, safety concerns" as well as "rising rents."
Former Alaska Airlines pilot who tried to kill plane engines says he wants to fly again
The former Alaska Airlines pilot, who attempted to turn off the engines of a passenger airplane mid-flight due to a drug-induced confusion, is starting a non-profit for pilots with mental health issues.
Chicago's corporate exodus serves as backdrop to DNC
Chicago has seen several high-profile departures of corporations moving their headquarters or significant portions of their operations out of the city in recent years.
Southwest Airlines agent charged with stealing $79K in flight vouchers
A Southwest Airlines customer service agent was arrested for allegedly stealing flight vouchers worth $79,000, court documents revealed.