financial fraud

Thai Influencer-Turned-Fraudster Arrested In Indonesia After Failing To Sing National Anthem While Posing As Local

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Thai Influencer-Turned-Fraudster Arrested In Indonesia After Failing To Sing National Anthem While Posing As Local

A Thai influencer, on the run after orchestrating a massive fraud scheme, was arrested in Indonesia after authorities uncovered her true identity. The woman, Natthamon Khongchak, widely known as “Nutty,” was exposed when she failed to sing the Indonesian national anthem during an encounter with immigration officials. Following her arrest, she was extradited to Thailand, … Read more

2.9 Billion Records, Including Millions of Social Security Numbers Leaked as Background Checker Suffers Massive Data Breach

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2.9 Billion Records, Including Millions of Social Security Numbers Leaked as Background Checker Suffers Massive Data Breach

National Public Data (NPD) sources personally identifiable data from public and court records as well as other repositories to provide online background checks and fraud prevention services. The company confirmed several weeks ago that it suffered a data breach involving 2.9 billion records dating back at least three decades. According to a class action lawsuit … Read more

EFCC set to begin prosecution of bankers facilitating financial crimes

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EFCC set to begin prosecution of bankers facilitating financial crimes

The Economic and Financial Crimes Commission (EFCC) says it will soon commence prosecuting banks and their top officials for financial fraud. The EFCC Chairman, Olanipekun Olukoyede, said this on Tuesday at the 17th Annual Banking and Finance Conference, organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Abuja. The News Agency of Nigeria … Read more

Once high-flying Chinese chip firm to delist from Shenzhen after financial fraud inquiry

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Once high-flying Chinese chip firm to delist from Shenzhen after financial fraud inquiry

In a regulatory filing on Friday, Zuojiang Technology said that its shares will cease trading in the Shenzhen bourse on July 26. This comes after the company was not able to present a clean audit report for its 2023 financial results, which prompted the Shenzhen Stock Exchange to move for its delisting. The delisting notice … Read more

Charlie Javice: Entrepreneur Who Defrauded JPMorgan Of Millions Pleads Not Guilty, Out On $2M Bail

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Charlie Javice: Entrepreneur Who Defrauded JPMorgan Of Millions Pleads Not Guilty, Out On M Bail

Have you heard about the website, Frank? It helped students apply for Federal student aid in under five minutes, usually taking hours, and the process has always been notoriously tricky. It turns out the whole scheme was a fraud, and Frank founder Charlie Javice, 31, is now facing 100 years of prison time after being … Read more

Zillow Shows $1.6M Ranch Selling For $10K: Listing Says ‘Owner Has Too Many Homes And Wants To Sell’

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Zillow Shows .6M Ranch Selling For K: Listing Says ‘Owner Has Too Many Homes And Wants To Sell’

Jamey and Lauren Bertram have been inundated with prospective buyers after their $1.6 million Kansas City home was fraudulently listed for just $10,200 on the real estate website Zillow. This shocking scam left the couple struggling to fend off eager viewers while they worked to rectify the situation. The 5,300-square-foot, five-bedroom home, which the Bertrams … Read more

People are Using Stolen Credit Cards to Rent Equipment From Home Depot And Sell Them Online

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People are Using Stolen Credit Cards to Rent Equipment From Home Depot And Sell Them Online

Home Depot, the popular home improvement store, is facing a severe issue with its rental department. Recent reports suggest that the store has fallen prey to several theft schemes, resulting in a loss of over $400,000. These allegations first surfaced through Court Watch, raising concerns about the store’s security measures. Earlier this month, prosecutors in … Read more

‘I Put $50K in a Shoe Box and Gave it to a Stranger’: New York Financial Columnist Scammed

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‘I Put K in a Shoe Box and Gave it to a Stranger’: New York Financial Columnist Scammed

Charlotte Cowles is a New York-based columnist for The Cut and the New York Times who delivers financial advice by revealing her first-hand experiences. Recently, Cowles revealed that she had lost thousands in an elaborate financial hoax. “I put $50,000 in cash in a shoe box,” the columnist wrote. In October 2023, Cowles received a … Read more