crime

An action or omission that constitutes an offense that may be prosecuted by the state and is punishable by law.
Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
Retail Crime Epidemic Sparks Store Closures Including Target, REI and Walmart
May 18, 2023  |  Retail

Target has reported a disturbing surge in retail crime, which is anticipated to cause an estimated $500 million more in losses and stolen merchandise this...

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LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
LA Retailers Putting Products Behind Glass as Shoplifting Rises 2%
March 14, 2023  |  Retail

Retailers in Los Angeles are increasingly keeping products locked up in response to shoplifting. Stores in the city have seen a 2% increase in theft...

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New Criminal Charges Allege Bankman-Fried Used FTX Funds as Personal Piggy Bank
New Criminal Charges Allege Bankman-Fried Used FTX Funds as Personal Piggy Bank
February 24, 2023  |  Legal

Sam Bankman-Fried’s associates have flipped on him, and now here comes the script. This, as a superseding indictment charging the failed FTX and Alameda Research...

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New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
February 23, 2023  |  Legal

Federal prosecutors have indicted FTX founder Sam Bankman-Fried for a host of new crimes. According to a 12-count indictment unsealed Thursday (Feb. 23), Bankman-Fried —...

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Feds Shut Down Ring Offering DDoS Attack Services
Feds Shut Down Ring Offering DDoS Attack Services
December 15, 2022  |  Security & Fraud

Federal prosecutors have charged six men with waging a DDoS attack wave on websites worldwide. DDoS stands for “distributed denial-of-service,” or attacks that bombard targeted...

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Chinese Police Break up Crypto-Using Money Laundering Group
Chinese Police Break up Crypto-Using Money Laundering Group
December 12, 2022  |  Cryptocurrency

Chinese police have reportedly broken up a money-laundering group that used cryptocurrency. The police arrested 63 people involved in the group that laundered 12 billion...

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British Court Orders Crypto Exchanges to Disclose Customer Information
British Court Orders Crypto Exchanges to Disclose Customer Information
November 29, 2022  |  Cryptocurrency

A British court has ordered six cryptocurrency exchanges to help a rival track stolen funds. The six exchanges — each of which own or operate...

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UK Police See $1.5B Crypto Fraud ‘Epidemic’
UK Police See $1.5B Crypto Fraud ‘Epidemic’
November 28, 2022  |  Cryptocurrency

Cryptocurrency fraud rose by 32% in the U.K. over the last year, part of a larger fraud “epidemic” that began during the pandemic as people...

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FTC Looks to Stop DK Automation Selling Alleged Fake Business Opportunities
FTC Looks to Stop DK Automation Selling Alleged Fake Business Opportunities
November 16, 2022  |  Security & Fraud

Saying they made false claims promising consumers a “passive income,” the Federal Trade Commission (FTC) has taken action against DK Automation and its owners Kevin...

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