One son couldn’t prevent his father from giving about $1 million in savings to con artists, including one posing as a female wrestling star. The two became estranged.
Category: Frauds and Swindling
Lured by a Promising Job, He Was Forced to Scam People
A Ugandan man named Jalil Muyeke traveled to Thailand for a promising job opportunity. He ended up being trafficked into a cybercrime operation.
How to Avoid Online Scams and What to Do if You Become a Victim
Here are tips on how to dodge some of the most devastating schemes and what to do if you or someone you care about becomes ensnared.
Scammers Are Targeting Older Americans and Their Retirement Savings
Criminals on the internet are increasingly going after Americans over the age of 60 because they are viewed as having the largest piles of savings.
The End of the Affair? Not for Eric Schmidt.
While Mr. Schmidt was chief executive of Google, he had an extramarital relationship with Marcy Simon, a public relations executive. A decade after they split, things are still messy.
Archegos Founder Bill Hwang Found Guilty on 10 Charges
The 2021 collapse of Archegos Capital Management led to some $10 billion in losses for some Wall Street banks. He could spend the rest of his life in prison.
The Night That Sotheby’s Was Crypto-Punked
The auction that was supposed to be an art world coming-out party for NFTs instead exposed the instability at the heart of the crypto world.
Sam Bankman-Fried Seeks Lenient Sentence and to Appeal Conviction
Since the disgraced cryptocurrency mogul was convicted of fraud last year, his supporters have maneuvered to secure a lenient sentence and change the public narrative about his case.
Phantom Artists Stole Their Songs. They Couldn’t Get Them Back.
Bad Dog, a group from D.C., was forced to take a crash course in streaming fraud, a shadowy realm that costs musicians $2 billion a year.
No Oversight: Inside a Boom-Time Start-Up Fraud and Its Unraveling
False claims and risky trades at the Silicon Valley start-up HeadSpin were part of a pattern of trouble emerging at young companies that lacked controls.