Frauds and Swindling
Sam Bankman-Fried Responds to Fraud Charges: ‘I Didn’t Steal Funds’
Sam Bankman-Fried, the disgraced cryptocurrency executive, on Thursday made his first detailed response to the criminal charges filed against him last month, arguing that the millions of customers of his collapsed exchange, FTX, could still get their money back. In a statement published on Substack, Mr. Bankman-Fried said that “very substantial recovery remains potentially available.” […]
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George Santos Faces Calls to Resign From 4 GOP Congressmen
WESTBURY, N.Y. — Dozens of Republican officials in New York State, including four recently elected congressmen, urged Representative George Santos to resign on Wednesday in a fracturing of local party support for Mr. Santos. Their call represented a sharp break from congressional Republican leaders, who insisted they would not push the embattled congressman to resign. […]
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Sam Bankman-Fried Arrested in the Bahamas After US Prosecutors File Charges
Follow our live coverage of the arrest of FTX founder Sam Bankman-Fried. Sam Bankman-Fried, the disgraced founder of the collapsed cryptocurrency exchange FTX, was arrested in the Bahamas on Monday after U.S. prosecutors filed criminal charges. “S.B.F.’s arrest followed receipt of formal notification from the United States that it has filed criminal charges against S.B.F. […]
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Justice Dept. Charges 48 in Brazen Pandemic Aid Fraud in Minnesota
MINNEAPOLIS — The Justice Department said on Tuesday that it had charged 48 people with running a brazen fraud against anti-hunger programs in the coronavirus pandemic, stealing $240 million by billing the government for meals they did not serve to children who did not exist. The case, in Minnesota, is the largest fraud uncovered in […]
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NY Attorney General May Sue Trump After Rejecting Settlement Offer
The New York attorney general’s office has rebuffed an offer from Donald J. Trump’s lawyers to settle a contentious civil investigation into the former president and his family real estate business, setting the stage for a lawsuit that would accuse Mr. Trump of fraud, according to three people with knowledge of the matter. The attorney […]
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Why Alex Jones’s Trial Won’t Stop the Spread of Lies
If it hadn’t been so excruciatingly sad, Alex Jones’s defamation trial might have been cathartic. Mr. Jones, the supplement-slinging conspiracy theorist, was ordered to pay more than $45 million in damages to Neil Heslin and Scarlett Lewis, the parents of a 6-year-old who was murdered in the 2012 mass shooting at Sandy Hook Elementary School […]
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Trump Faces Questions About His Net Worth in Interview He Tried to Avoid
For decades, Donald J. Trump has boasted with impunity about a subject close to his heart and ego: his net worth. “I look better if I’m worth $10 billion than if I’m worth $4 billion,” he once said when disputing his ranking on the Forbes billionaires list. In a court case, he acknowledged that when […]
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Winning Mega Millions Ticket Sold in Illinois for Growing $1.34 Billion Jackpot
Can a winner stay anonymous? Each state that participates in Mega Millions oversees the lottery operations within its jurisdiction, including sales, retailers, taxes owed and other financial liabilities. The laws, including whether the names of winners are required to be announced, differ among states. In Illinois, winners of $250,000 or more can request to keep […]
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On the Docket: Atlanta v. Trumpworld
ATLANTA — The criminal investigation into efforts by former President Donald J. Trump and his allies to overturn his election loss in Georgia has begun to entangle, in one way or another, an expanding assemblage of characters: A United States senator. A congressman. A local Cadillac dealer. A high school economics teacher. The chairman of […]
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