Fraud

New York AG Letitia James faces federal mortgage fraud indictment

11 октября 2025 Сообщено ИИ

A federal grand jury in Virginia indicted New York Attorney General Letitia James on October 9, 2025, for bank fraud and making false statements related to mortgage applications. NYC mayoral candidate Zohran Mamdani defended James the next day, calling the charges political retribution by the Trump administration. Conservatives on social media mocked James by resurfacing her past statements about no one being above the law.

Crypto scam targets Richland County

11 октября 2025 Сообщено ИИ

A cryptocurrency scam is targeting residents in Richland County, South Carolina. Local news outlet WLTX reports on the issue, highlighting risks to the community.

Former employees allege fraud sustains Canada's crypto ATM industry

Nearly a dozen former employees of Canadian crypto ATM companies told CBC News that fraud involving scam victims is a known internal issue. Half believe their former employers would not be profitable without such transactions, while the others think profitability would simply decrease. Operators deny relying on fraud and claim to implement preventive measures.

Fraudsters use crypto ATMs to launder millions from Canadian victims

A CBC News investigation has uncovered how cryptocurrency ATMs in Canada are being exploited by scammers to extract and launder money from victims nationwide. These machines, legal and widespread, allow quick conversion of cash to crypto that can be sent globally. Victims like a Calgary retiree have lost thousands, highlighting vulnerabilities in the system.

FINRA survey highlights crypto investors' fraud vulnerability

9 октября 2025 Сообщено ИИ