Market Analysis
UnitedHealth’s Shares Plunge After Reports of Medicare Fraud Investigation
The DOJ's criminal healthcare fraud unit is reportedly examining UnitedHealth's Medicare Advantage business practices.
Total Stories
22
News
Fraud
Section
Fraud
Market Analysis
TSM Stock Slides Amid Trade Secret Theft, Nvidia’s Earnings Results
TSM stock dropped in pre-market trading as prosecutors charged three individuals with stealing 2-nanometer chip secrets, while Nvidia's China export control challenges add pressure.
DeFi
Arbitrum-Based DeFi Project Chibi Finance Disappears With a Million Dollars
CHIBI token price dropped by 98% in the hours after the rug pull.
Policy
US Prosecutors Charge Do Kwon With Multiple Counts of Wire, Securities Fraud
US prosecutors charged Do Kwon with multiple counts of fraud, and conspiracy to commit fraud several hours after his arrest was confirmed by the Montenegrin police.
Banking
SVB Facing Fraud Lawsuit for “Mismanaging Events” Prior to Collapse
This Monday, SVB, its parent company, and its CEO and CFO were hit with a shareholder lawsuit alleging fraud and mismanagement.
Policy
FTX’s Former Chief Engineer Preparing to Enter a Guilty Plea For Fraud
Nishad Singh is allegedly facing fraud charges and is preparing to plead guilty.
Policy
Two Arrested by Hong Kong Police in Connection with AAX Exchange Fraud: Report
Hong Kong authorities arrested two people suspected of defrauding investors of the collapsed AAX exchange, local news outlet reported Friday.
Policy
Silvergate Accused that it “Aided and Abetted FTX’s Fraud” in Lawsuit
Silvergate Bank is facing a class-action lawsuit for its alleged direct participation in FTX's fraudulent scheme.
Policy
SEC Moves Against Eight Influencers Over $100M Fraud Scheme
The SEC filed a lawsuit against eight individuals for taking part in a $100M fraud scheme by promoting and manipulating stock prices.
Market Analysis
Instagram Influencer Pleads Guilty to Fraud Involving Crypto Worth $8M+
An Instagram influencer charged with leveraging his status to commit wire fraud and steal crypto from fans just plead guilty and is facing a 20-year sentence.
FinTech
Mastercard Launches AI Tool to Help Banks Assess Crypto Crime
Mastercard is rolling out a new AI-powered service to help banks detect suspicious transactions with crypto merchants.
Market Analysis
South Korean Court Sentences a Crypto Fraudster to 5 Years in Prison
An individual identified only as “Han” got sentenced to 5 years in prison, and $700,000 in fines for investment fraud involving BTC and ETH.
Policy
Miami Trio Charged For Defrauding Banks and a Crypto Exchange Of $4M+
Florida-based trio was arrested and indicted in a $4 million case involving identity theft and fraudulent transaction disputes.