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Fraud and swindling

US Charges Chinese Businessman Guo Wengui With Fraud

US Charges Chinese Businessman Guo Wengui With Fraud

Guo Wengui, a Chinese businessman based in New York, has been charged by US authorities with leading a billion-dollar fraud scheme alongside his business partner Kin Ming Je — a dual Hong Kong-British citizen who's not yet in custody....

Dominion Lawsuit: Murdoch Says Fox Hosts Endorsed False Election Claims

Dominion Lawsuit: Murdoch Says Fox Hosts Endorsed False Election Claims

Fox News' controlling owner, Rupert Murdoch, admitted that some of the network's broadcasters endorsed false claims regarding the 2020 Election results. Dominion Voting Systems is suing Fox for $1.6B claiming the network made false allegations about the ballot technology company that hurt their b...

Bankman-Fried Charged With Making Hundreds of Illegal Campaign Donations

Bankman-Fried Charged With Making Hundreds of Illegal Campaign Donations

Sam Bankman-Fried, the founder of the bankrupt FTX cryptocurrency exchange, Thursday was charged with four new criminal counts, including conspiring to make illegal campaign contributions. This brings his total criminal charges to 12 — four for fraud and eight for conspiracy....

COVID Unemployment Fraud May Exceed $60B

COVID Unemployment Fraud May Exceed $60B

A new report from the US Government Accountability Office (GAO) estimates that pandemic unemployment benefits fraud exceeded $60B, with $8

India: Adani Firms Lose $65B From Market Value

India: Adani Firms Lose $65B From Market Value

Shares of India's Adani firms — led by Asia's richest man Gautam Adani — sank between 5% and 20% on Monday, wiping out approximately $65B off its market value

Report: $5.4B Awarded for Potentially Fraudulent US COVID Loans

Report: $5.4B Awarded for Potentially Fraudulent US COVID Loans

The Pandemic Response Accountability Committee, the government’s COVID watchdog, released a report on Monday saying that the US government likely gave around $5.4B in COVID loans to people with “questionable” social security numbers....

Adani Loses $110B, Sparks Protests Across India

Adani Loses $110B, Sparks Protests Across India

As Indian conglomerate Adani Group's market losses top $110B, dozens of India's opposition party members on Monday were detained during protests — prompting parliament to be suspended again due to disruptions surrounding the company