FRAUD

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Aug 21 2025POLITICS

A Fed Governor Faces Pressure to Step Down

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. Pu

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Aug 21 2025POLITICS

The Fed's Mortgage Mystery: What's Really Going On?

Lisa Cook, a Federal Reserve Governor, is in the spotlight for some questionable mortgage moves. She's the first African American woman on the Fed Board, making her a trailblazer. But now, she's facing allegations that she might have played fast and loose with mortgage rules to score better deals.

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Aug 18 2025CRYPTO

Beware of Fake Lawyers Trying to Steal Your Crypto

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, claim

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Aug 15 2025CRIME

The Big Crypto Scam in Vietnam: How 20 People Fooled Thousands

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 countr

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Aug 07 2025CRIME

A Doctor's Downfall: How a Leader's Greed Led to a $1. 5 Million Heist

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

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Aug 06 2025SCIENCE

The Hidden World of Fake Science: A Growing Threat

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. T

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Jul 25 2025POLITICS

A High-Profile Exit and Pension Fund Concerns

Antonio Gracias, the CEO of Valor Equity Partners, has stepped down from his role at the Department of Government Efficiency (DOGE). This move comes after questions were raised about the potential risks his dual roles posed to the nine public pension funds that Valor manages, totaling nearly $2 bill

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Jul 22 2025BUSINESS

Tech Tycoon's Estate Faces Huge Payout After Court Ruling

A recent court decision in the UK has significant implications for the estate of the late tech billionaire Mike Lynch. The High Court ruled that Lynch and his former finance chief, Sushovan Hussain, owe Hewlett-Packard Enterprise (HPE) over $940 million. This amount stems from a fraud case related t

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Jul 19 2025CRIME

The Rise and Fall of a Clothing Tech CEO

A CEO who once made headlines for her innovative business idea is now facing serious legal trouble. Christine Hunsicker, the founder of CaaStle Inc. , is accused of tricking investors out of a huge amount of money. The company promised to revolutionize the clothing industry by offering a "Clothing-a

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Jul 17 2025CRIME

Louisiana Law Enforcers Caught in Visa Fraud Web

In a shocking turn of events, four law enforcement officers and a businessman in Louisiana have been accused of cooking up fake police reports. Their goal? To help immigrants get U. S. visas they weren't entitled to. This scheme allegedly went on for nearly a decade, from the end of 2015 to mid-2025

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