FRAUD

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Oct 25 2024OPINION

Trusting Our Elections: Facts vs. Fears

Election fraud: it's a phrase that's been tossed around a lot lately, but is it really something to worry about? Let's take a closer look. The Heritage Foundation, a group that supports former President Trump, has been saying that election fraud is common. They've counted 1, 561 cases over 36 years.

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Oct 23 2024POLITICS

Legal Battles Heat Up in Key States Ahead of Election Day

As the 2024 U. S. presidential election approaches, political parties and activist groups are locked in a flurry of lawsuits across seven crucial states. The focus? Voting laws and procedures that could potentially alter the outcome. Both Republicans and Democrats have filed nearly 100 suits, with R

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Oct 19 2024POLITICS

Secret Evidence Reveals Trump's Election Fraud Claims Were Crazy

A big secret about former President Donald Trump's election fraud claims came out last week. A judge in Washington, D. C. , made public almost 2, 000 pages of evidence from the case. This evidence shows that back in 2020, William Barr, who was Trump's lawyer at the time, told Trump his ideas about v

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Oct 19 2024CRIME

Couple's Fraud Funds Disney Trips

Imagine stealing money meant for government work to fund luxurious vacations. That's what Chantelle Boyd and Thomas Bouchard did. Boyd, a Maryland woman, was sentenced for conspiring to defraud the government out of thousands of dollars. Her boyfriend, Bouchard, hired her for a "no-show" job at the

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Oct 18 2024FINANCE

AI's Secret Weapon: Fighting Fraud in Uncle Sam's Billions

You know how banks use AI to catch fraud? Well, Uncle Sam is doing the same thing! The US Treasury Department just used AI to catch $1 billion in check fraud alone last year. That's huge! And it's not just checks. They stopped over $4 billion in fraud overall. How? By using machine learning to dig t

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Oct 18 2024CRIME

Alabama Hacker Played Bitcoin Market with Fake SEC News

In Alabama, a man named Eric Council Jr. was recently arrested for his role in a hacking scheme that sent the bitcoin market into a rollercoaster ride. The Justice Department revealed that Council and his accomplices hacked into the Securities and Exchange Commission's (SEC) account on the X platfor

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Oct 18 2024CRIME

Bitcoin Scheme Unmasked: A Look at the SIM Swap Trick

Imagine this: someone tricks your cell phone provider and takes over your number. Scary, right? This is what's called a SIM swap. Now, let's talk about how this happened to the Securities and Exchange Commission (SEC) and how it affected Bitcoin. A clever attacker pulled off a SIM swap to gain cont

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Oct 17 2024CRIME

Ohio Man Faces Jail for Hiding War Crime Past

Recently, a man named Jugoslav Vidic from Parma Heights, Ohio, was sentenced to three years in prison. This was because he lied about his past when he moved from Croatia to the United States. The lie was about serious war crimes he was accused of in his home country. Vidic admitted to these cri

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Oct 12 2024CRIME

The Wild Scheme of an NY Investor

Charles Lawrence, a 50-year-old financial advisor from Northpoint, New York, has been sentenced to eight-and-a-half years in prison for a fraudulent scheme. Lawrence duped 11 investors from New York, Wisconsin, North Carolina, and abroad into a fake trading program, convincing them to wire money to

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Oct 11 2024CRIME

Former FTX Exec Heads to Prison, Jokes on LinkedIn

Ryan Salame, the ex-co-CEO of FTX Digital Markets, is starting his lengthy fraud sentence today. Before heading to prison, he shared a lighthearted LinkedIn post to ease the tension. His update announced his new "position" as an "Inmate at FCI Cumberland," accompanied by a cheerful cartoon. It seems

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