Topic
financial fraud
10 stories related to this topic, newest first.
citizen.co.zabusiness17 hrs ago
Australian woman lost $646,035 in romance scam; new anti-scam laws delayed until 2027
A Melbourne woman sent more than $646,000 to a person she met on a dating app before discovering the relationship was fraudulent. Australia's new anti-scam framework will not take effect until March 2027 and its scope remains under consultation.
zerohedge.comfinance8 days ago
Federal Appeals Court Upholds FTX Founder's Fraud Conviction
A three-judge panel rejected arguments that evidentiary rulings and judicial bias tainted the 2023 trial. The decision leaves a pardon request as the remaining option.
investinghaven.comtechnology32 days ago
Visa Reports Rise in AI-Assisted Scams and Drop in Ransomware Payments
Visa released its Spring 2026 Biannual Threats Report showing changes in cybercrime patterns. Device-token fraud fell nearly 10 percent year-over-year while total ransomware attacks increased 26 percent.
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Fox Newstechnology35 days ago
Impostor Drains $751,430 from Colgate-Palmolive Employee 401(k)
An impostor obtained a full distribution from a Colgate-Palmolive employee's retirement account after updating contact information with the plan recordkeeper. The case and similar incidents prompted a Government Accountability Office recommendation for new federal guidance on ret…
politics39 days ago
Jho Low Requests Presidential Pardon From Trump
Jho Low, the alleged mastermind of one of the greatest financial frauds in history, is asking President Trump for a pardon. The request comes as Donald Trump serves as the current sitting U.S. president. @WSJ reported the development.
The Guardianpolitics38 days ago
Jho Low Submits U.S. Presidential Pardon Application in 1MDB Case
Fugitive Malaysian financier Jho Low, also known as Low Taek Jho, has filed a request this year for a U.S. presidential pardon after completion of sentence. The move, first reported by The Wall Street Journal, has drawn opposition from Malaysian officials who want him located for…
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New York Postpolitics40 days ago
Jho Low Files Pardon Request With DOJ on 1MDB Charges
Jho Low, charged in 2018 with masterminding the theft of at least $4.5 billion from Malaysia’s 1MDB sovereign wealth fund, has submitted a pardon application to the U.S. Justice Department this year. The request was filed in recent weeks, according to people familiar with the mat…
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South China Morning Postworld47 days ago
Malaysia Unveils Four Recovered 1MDB Paintings Valued at $198,125 at Anti-Corruption Headquarters
Four paintings linked to the 1MDB scandal, including works by Picasso and Miro, were displayed publicly for the first time at Malaysia's anti-corruption headquarters in Putrajaya. The artworks, repatriated from New York last month, represent a portion of assets recovered from the…
Substrate placeholder — needs reviewtechnology73 days ago
UK Energy Company Reports Hacker Redirected Contractor Payment to Own Account
A UK energy company disclosed that a hacker redirected a payment intended for a contractor, resulting in the loss of £700,000. The incident involved the payment landing in the hacker's bank account. The company has notified authorities and is cooperating with investigations.
Substrate placeholder — needs reviewbusiness74 days ago
Experts Explain Importance of Free Credit Reports for Retirees
Financial experts state that retirees should monitor their free annual credit reports to address errors, prepare for unexpected expenses and detect fraud. Credit scores influence insurance premiums, loan approvals and utility setups in retirement. Regular checks can prevent highe…