crime

Vizsla Silver (NYSE:VZLA) has reported that several employees abducted from its project site in western Mexico on January 23 have been found dead. "We are devastated by this outcome and the tragic loss of life. Our deepest condolences are with our colleagues' families, friends and co-workers, and...

Chinese metals traders are grappling with significant financial losses after a key player in their trading network, Xu Maohua, fled the country. On Monday, Bloomberg reported that these traders have incurred losses amounting to at least 1 billion yuan ($144 million) due to unfinished deals left in...

Cryptocurrency bettors projected a guilty verdict for rapper Sean “Diddy” Combs on sex trafficking charges, despite prosecutors dropping serious charges against him. What Happened: Odds that the rapper is convicted of sex trafficking or a related felony charge rose 3 percentage points...

The U.S. Department of Justice has filed a civil forfeiture complaint seeking to claim more than $225 million in cryptocurrency allegedly connected to international investment fraud schemes. The action marks the largest crypto seizure to date involving so-called "confidence scams," in which...

Do Kwon, co-founder of Terraform Labs, the incubator of TerraUSD (CRYPTO: USTC) and Luna (CRYPTO: LUNC), is set to face criminal fraud charges in a U.S. court following his extradition from Montenegro. What Happened: Kwon is expected to appear before U.S. Magistrate Judge Robert Lehrburger in a...

Billionaire and chair of the Indian conglomerate Adani Group, Gautam Adani, was indicted in the U.S. on Wednesday for an alleged scheme to pay hundreds of millions of dollars in bribes and concealing the scheme from American investors.  The Details: According to a report from the New York Post,...

In a bold assertion, Telegram CEO Pavel Durov insists his messaging platform’s privacy policies remain largely unchanged, despite his recent legal troubles in France. Following his arrest at Le Bourget airport in late August, Durov took to his personal Telegram channel to clarify the app...

An investment adviser has been ordered to pay tens of millions of dollars for overvaluing thousands of largely illiquid collateralized mortgage obligations (CMOs) and giving preferential treatment to clients. Macquarie Investment Management Business Trust (MIMBT) will pay $79.8 million to settle...

Intrepid U.S.A. Inc., a Dallas-based health care and hospice provider, has agreed to pay $3.85 million for allegedly submitting Medicare claims for patients who did not qualify for coverage. On Tuesday, the U.S Department of Justice (DOJ) alleged that between 2016 and 2021 19 Intrepid facilities...

Billionaire and former Glencore CEO Alex Beard charged with corruption in UK along with four others, accused of making corrupt payments in West Africa. A British billionaire who made a fortune while working for a top commodities company was charged with corruption on Thursday. The company...

Citron Research founder Andrew Left turned himself in to authorities in Los Angeles on Monday to face federal securities fraud charges. What Happened: According to a CNBC report, Left was scheduled to appear before Magistrate Judge Rozella Oliver in a U.S. District Court in L.A. at 4:30...

DaVita Inc. (NYSE:DVA), a Colorado-based kidney dialysis provider, agreed to pay $34.5 million for allegedly paying kickbacks to a competitor for making referrals to DaVita Rx, a former subsidiary that provided pharmacy services for dialysis patients. DaVita also allegedly paid kickbacks to...

Andreas Bechtolsheim, founder and chief architect of Silicon Valley-based technology company Arista Networks Inc (NYSE:ANET), this week agreed to settle charges of insider trading, paying a civil penalty of nearly $1 million. The U.S. Securities and Exchange Commission (SEC) alleged that...

A finance worker at a multinational corporation was duped into transferring $25 million to fraudsters. The criminals used deepfake technology to impersonate the company’s CFO and other staff members during a video call, according to the Hong Kong police. What Happened: The employee was...

Vince McMahon has stepped down from TKO Group Holdings, Inc. (NYSE:TKO) and its subsidiary, World Wrestling Entertainment, the wrestling giant he founded, following a lawsuit alleging sexual assault and trafficking, and vowed to contest the charges. At 78, McMahon resigned as executive chairman of...