Judge approves independent monitor in victory for New York AG

Judge approves independent monitor in victory for New York AG

The entrance to Trump Tower on 5th Avenue is pictured in the Manhattan borough of New York City, May 19, 2021. Shannon Stapleton | Reuters A New York state judge has approved the appointment of a special monitor to oversee the Trump Organization’s accounts and reports, and has barred the company from transferring non-cash assets … Read more

In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether

In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether

Aerial view of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard about bitcoin in 2016, it sounded like a scam. But by 2019, as Lebanon plunged into a financial crisis following decades of expensive wars and bad spending decisions, a decentralized and borderless digital currency operating … Read more

Former MoviePass CEO charged with alleged fraud

Former MoviePass CEO charged with alleged fraud

Sopa pictures | Lightrocket | Getty Images Former executives at MoviePass and its parent company have been charged with fraud, according to a federal indictment unsealed Friday. Theodore Farnsworth, 60, former CEO of Helios & Matheson, and Mitchell Lowe, 70, former CEO of MoviePass, are accused of misleading investors and making false statements about the … Read more

Accused fraudster Justin Costello has previously posed as a billionaire and threatened police, police say

Accused fraudster Justin Costello has previously posed as a billionaire and threatened police, police say

Zoom in iconArrows pointing outwards Justin Costello yearbook photo “It’s easy to be someone you’re not, but hard to be yourself,” Wisconsin teenager Justin Costello wrote under his senior picture in the 1999 Oconomowoc High School yearbook. Twenty-three years later, an FBI SWAT team would arrest Costello, who was hiding from police outside San Diego, … Read more

Fake billionaire Justin Costello co-defendant settles SEC complaint

Fake billionaire Justin Costello co-defendant settles SEC complaint

Zoom in iconArrows pointing outwards FBI poster for Justin Costello FBI The Securities and Exchange Commission has agreed to settle a civil lawsuit against a man accused of five separate penny stock pump-and-dump schemes, court filings revealed Friday. The man, David Ferraro, is accused of using his prolific Twitter account to help another defendant, former … Read more

Fugitive Justin Costello denied bail in warehouse, cannabis fraud case

Fugitive Justin Costello denied bail in warehouse, cannabis fraud case

Zoom in iconArrows pointing outwards FBI poster for Justin Costello FBI Butcher wrote that the evidence itself is the least important factor in his decision to keep Costello in prison. But, he added, “when taken together with the significant [prison] Sentence the defendant faces if convicted, the Court finds that the defendant has a serious … Read more

Chinese intelligence officers charged with Huawei obstruction of justice

Chinese intelligence officers charged with Huawei obstruction of justice

Photo of He and Wang, respectively, included in the DOJ complaint. Courtesy: DOJ Two Chinese intelligence officers have been charged with trying to obstruct the prosecution of global telecommunications company Huawei by trying to steal confidential information about the case, Attorney General Merrick Garland said Monday. Garland also announced two additional criminal cases related to … Read more

battle over billions in stolen bitcoin recovered in DOJ seizure

battle over billions in stolen bitcoin recovered in DOJ seizure

When the Justice Department announced it was seizing billions in stolen cryptocurrency earlier this year, it seemed like good news for victims of a hack that drained about $70 million from customer accounts on the Bitfinex trading platform in 2016. “It was the biggest relief of my life,” said Frankie Cavazos, who lost 15 bitcoins … Read more

Lafarge Cement pleads guilty to paying ISIS when the terrorist group killed Westerners

Lafarge Cement pleads guilty to paying ISIS when the terrorist group killed Westerners

A photo of a Lafarge cement factory is seen in Paris, France on September 8, 2021. Julien Mattia | Anadolu Agency | Getty Images Lafarge SA has agreed to plead guilty Tuesday and pay a $777.8 million fine to resolve a U.S. federal criminal case related to the French company’s payments to the terrorist organization … Read more

‘she has to pay her debt’

‘she has to pay her debt’

Former Theranos CEO Elizabeth Holmes (L) arrives in federal court with her partner Billy Evans on October 17, 2022 in San Jose, California. Justin Sullivan | Getty Images SAN JOSE, Calif. – A star witness in the trial of former Theranos CEO Elizabeth Holmes doubled down on his testimony two months after he showed up … Read more