FRAUD

Advertisement
Jan 28 2026CRIME

The Hidden Threat of Fake Students in Colleges

In a surprising twist, colleges across the country are facing a growing problem: fake students. These are not just any students, but digital impostors who use stolen identities to apply for financial aid and loans. Once they get the money, they vanish, leaving real students and institutions in a tou

reading time less than a minute
Jan 28 2026CRIME

Luxury Living on Taxpayer Money: CEO of Homeless Charity Faces Fraud Charges

In a shocking turn of events, the CEO of a Los Angeles-based homeless charity has been arrested for allegedly misusing millions of dollars meant to help the city's homeless population. Alexander Soofer, 42, is accused of living a lavish lifestyle funded by taxpayer money that was supposed to provide

reading time less than a minute
Jan 28 2026CRIME

A Former Police Chief's Pandemic Fraud Scheme

A former police chief in Alabama is in hot water for a clever scam involving COVID-19 relief funds. Samuel Cornelius Green, the ex-chief of Brundidge, admitted to tricking the government into giving him money he didn't deserve. He and his accomplice, Schemillia Levera Fenn, both admitted to wire fra

reading time less than a minute
Jan 28 2026CRYPTO

Crypto Bigwig Barry Silbert's Washington Spending Spree Amid Legal Storm

Barry Silbert, the head of Digital Currency Group (DCG), is facing serious legal troubles. He's accused of tricking big investors, like Mark Cuban. Yet, he's pouring money into lobbying in Washington. This is happening while he's trying to take his company public in a massive IPO. In early 2025, Si

reading time less than a minute
Jan 28 2026CRIME

The CEO's Luxury Life: A Stark Contrast to Homeless Services

In a shocking turn of events, the head of a Los Angeles charity meant to help the homeless is now facing serious charges. Alexander Soofer, the CEO of Abundant Blessings, is accused of using millions of dollars meant for the homeless to fund his own lavish lifestyle. This includes buying expensive c

reading time less than a minute
Jan 27 2026CRIME

A Charity CEO's Luxury Life Funded by Homeless Services Money

In a shocking turn of events, the head of a Los Angeles charity meant to help the homeless is now facing serious charges. Alexander Soofer, the CEO of Abundant Blessings, is accused of using millions of dollars meant for homeless services to fund his lavish lifestyle. Prosecutors allege that Soofer

reading time less than a minute
Jan 27 2026FINANCE

AI in Banking: New Challenges and Opportunities

Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni

reading time less than a minute
Jan 27 2026CRIME

A Charity Boss's Luxury Life Exposed

A man in charge of helping homeless people in Los Angeles is in big trouble. He is accused of taking money meant for the homeless and using it for himself. This man, Alexander Soofer, is the CEO of a charity called Abundant Blessings. He is said to have spent millions of dollars on fancy things for

reading time less than a minute
Jan 26 2026CRIME

Lavish Living While the Homeless Suffer: The Alleged Charity Scam

In a quiet, upscale neighborhood near Beverly Hills, a story of alleged deception and extravagance is unfolding. Alexander Soofer, the head of a homeless charity, is accused of misusing $23 million meant to help Los Angeles' homeless community. Instead, he allegedly used the funds to buy a $7 millio

reading time less than a minute
Jan 26 2026EDUCATION

California's Community Colleges: A Fraudulent Frenzy

California's community colleges are in a mess. A big one. About one in three applicants is fake. That's around 1. 2 million people who shouldn't be there. They're not real students. Many are overseas, taking online classes, submitting fake work, and grabbing financial aid meant for real students. T

reading time less than a minute