Lisa Cook, a member of the Federal Reserve's Board of Governors, is in a legal fight to keep her job after President Donald Trump tried to fire her. This is a big deal because the Fed usually makes decisions without political pressure. The Fed controls interest rates, which affect things like inflation and jobs. Trump wants lower interest rates, but Cook and most of ...
MEXC, a big name in the world of cryptocurrency trading, has rolled out some serious upgrades to keep things fair and safe for everyone. They're going all out to stop scams, block sneaky bots, and make sure everyone plays by the rules. Let's talk scams first. MEXC has been on a mission to shut down fake accounts. In just two months, they caught and stopped over 17, ...
The longevity industry is booming, but not all solutions are created equal. With so many options out there, it's tough to know what's legit and what's just hype. Lifeforce, a company based in Los Angeles, is trying to cut through the noise. Lifeforce is a young company, but it's already made a big splash. They've created personalized longevity programs for tens of t...
Scott Mason, a financial advisor from Pennsylvania, found himself flipping burgers at McDonald's after a long career of deceit. Over 17 years, he stole nearly $25 million from his clients, funding a lavish lifestyle that included expensive vacations, country club memberships, and even a miniature golf course. Mason's extravagant spending included a $1. 4 million hom...
Sean Kingston, the rapper known for his 2007 hit "Beautiful Girls, " has been sentenced to three and a half years in prison. This comes after he was found guilty of a fraud scheme that cost victims over $1 million. Kingston and his mother, Janice Turner, were convicted of conspiracy and wire fraud. Turner received a five-year sentence last month. Kingston's downfall...
In a recent turn of events, U. S. President Donald Trump has publicly asked Federal Reserve Governor Lisa Cook to resign. This call comes after the head of the Federal Housing Finance Agency, Bill Pulte, suggested that the Department of Justice should look into Cook over claims of mortgage fraud. Pulte made this request on the social media platform X. The allegation...
Scammers are now pretending to be lawyers to trick people who have already lost money in crypto scams. The FBI has issued a warning about these fake law firms that promise to help recover lost funds but instead steal more money. These scammers are clever. They contact victims out of the blue, claiming to be from real government agencies like the FBI or the Consumer ...
Vietnam just uncovered a huge crypto scam. It was one of the biggest frauds in the country's history. The scam involved a digital token called Paynet Coin (PAYN). Police arrested 20 people, including the main person behind it all. The scammers tricked thousands of people in Vietnam and other countries. They promised big returns on investments. They even claimed that...
A former high-ranking doctor at a Brooklyn hospital has been sentenced to up to three years in prison for stealing nearly $1. 5 million. Dr. Michael Lucchesi, who was the Chairman of Emergency Medicine at SUNY Downstate Medical Center, admitted to using the stolen funds for personal luxuries over a six-year period. Lucchesi's spending spree included extravagant pet ...
Scientific research is under siege from a shadowy industry of fraud. This isn't about a few bad apples; it's a well-organized network producing fake studies at an alarming rate. These "paper mills" churn out low-quality, often nonsensical research, complete with fabricated data and stolen images. The problem is getting worse. Fraudulent science is now growing faster...