Lebanon’s central bank chief was charged with illicit enrichment and money laundering by Lebanese Judge Ghada Aoun, while a Nevada man pleaded guilty to laundering funds solicited for BitClub Network, according to reports. Get the Full Story Complete the form to unlock this article and...
Prosecutors in Manhattan have accused a former party producer of using bitcoin to launder millions in for a “rolodex of crooks” around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Four men were indicted for allegedly engaging in a $16 million wire fraud and money laundering operation connected to their investment firm, which involved fake offerings promising large returns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Two Brazilian nationals — one residing in Lowell, Massachusetts and another in Daly City, California — pleaded guilty to conspiracy to commit wire fraud and aggravated identity theft in connection with a nationwide plot to open fraudulent driver accounts with rideshare and delivery service companies....
Romance scams. Puppy scams. Peer-to-peer (P2P) fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
SIM swaps, employment schemes, business email compromise, tech support fakes, auction fraud, romance scams — fraud comes in many forms, and 2021 was a banner year for it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The hacker gang known as Lapsus$ breached Microsoft’s systems and pilfered the software giant’s source code for the Bing search engine and Cortana voice assistant, according to a blog post late Tuesday (March 22) by Microsoft Security. Get the Full Story Complete the form to unlock...
Even in the digital age, the phone is the key conduit for interactions between customers and corporations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
The Li Finance swap aggregator experienced a smart contract attack which led to around $600,000 lost from 29 users’ wallets, a report said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
