After the collapse of FTX, prosecutors and lawyers have scrutinized its discredited founder’s huge investment in Modulo Capital.
Category: Frauds and Swindling
JPMorgan Paid $175 Million for a Business It Now Says Was a Scam
A young founder promised to simplify the college financial aid process. It was a compelling pitch. Especially, as now seems likely, to those with little firsthand knowledge of financial aid.
With Many Retailers Offering Online Sales, Phony Sites Blend In
Preying on shoppers strapped for cash and time, scammers are setting up fake sites that claim to have deep discounts on premium brands.
FTX Founder Sam Bankman-Fried Released on $250 Million Bond
The disgraced cryptocurrency executive appeared in court in Manhattan after his extradition from the Bahamas. He will live with his parents in California.
Caroline Ellison and FTX Co-Founder Gary Wang Plead Guilty to Fraud
Caroline Ellison, the former chief executive of Alameda Research, and Gary Wang, a founder of FTX, are cooperating in the federal criminal case against Mr. Bankman-Fried.
Sam Bankman-Fried and FTX Engaged in Fraud for Years, Prosecutors Say
A criminal indictment unsealed on Tuesday and a complaint by the S.E.C. describe years of wrongdoing in Sam Bankman-Fried’s crypto empire.
Ramesh Balwani, No. 2 Theranos Executive, Is Sentenced for Fraud
Ramesh Balwani, the former chief operating officer of the failed blood testing start-up, was convicted of 12 counts of fraud in July.