The RCMP says a former SNC-Lavalin executive has been sentenced to three-and-a-half years in prison in connection with a bribery scheme for a bridge repair contract in Montreal. Police say Normand Morin, once a high-ranking vice-president at the engineering firm, received the sentence Tuesday after his conviction for corruption and fraud last month. The police … Read more
Widow’s mysterious death highlights growing concern over romance scams – CBS News Watch CBS News A growing form of fraud is posing physical, emotional, and financial threats to everyday Americans. Jim Axelrod reports on a romance scam turned tragic — when a widow was swindled out of her life savings. Be the first to know … Read more
It’s been nearly three weeks since Anwar ‘Dogg’ Khan and 14 others were arrested and linked to suspected fraud and corruption at the University of Fort Hare (UFH). Khan bids for bail Khan, Terrence Joubert, and Isaac Plaatjies are currently seeking bail. Khan, the proprietor of The Pentagon Group, a private security firm in KZN, … Read more
The claims were passed on to EU anti-fraud investigator OLAF, which started its own probe. (POLITICO and Welt, both owned by Axel Springer, aren’t naming the travel agency for legal reasons.) Despite the warning signs, however, Frontex put out a new request for tenders in December 2022 and a new contract was awarded to the … Read more
A jury in Manhattan found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges on Friday, agreeing with the Securities and Exchange Commission that they misled investors before their stablecoin’s 2022 collapse shocked cryptocurrency markets. The jury delivered the verdict in federal court after a two-week trial after hearing closing arguments earlier in the … Read more
B.C.’s director of civil forfeiture has filed an unexplained wealth order in an attempt to seize a quarter-million dollars in cash, 45 gold bars, luxury watches and jewelry that were contained in a safety deposit box belonging to the co-founder of a notorious B.C.-based cryptocurrency exchange scam. Documents filed in B.C. Supreme Court say the items are the proceeds … Read more
By KEN SWEET and LARRY NEUMEISTER | Associated Press NEW YORK — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. Bankman-Fried, 32, was convicted in November of fraud … Read more
Former crypto mogul Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX, which once was one of the world’s most popular platforms for trading digital currency. Bankman-Fried, 32, was convicted on seven charges in November related to fraud and conspiracy. A jury found that Bankman-Fried … Read more
Shor welcomed the verdict. “This decision not only restores the rights of individuals, but also calls into question the legitimacy of the past elections,” he said Tuesday in a Instagram post. Shor was sentenced in 2017 to 7.5 years in prison — later increased to 15 years — on fraud and money laundering charges in … Read more
A Utah woman who authorities say fatally poisoned her husband in 2022, then published a children’s book about grief, now faces another attempted murder charge for allegedly drugging him weeks earlier, on Valentine’s Day. Kouri Richins, 33, is accused of killing her husband with a lethal dose of fentanyl at their home in a small … Read more
