The subprime auto loan industry is under scrutiny after a major player, Tricolor Auto, went bust in September. The company's downfall raised eyebrows on Wall Street, sparking worries about the health of the industry as a whole. Fast forward to December, and federal prosecutors in New York have made
In the world of finance, not everything is as it seems. Tricolor Holdings, a company that specialized in lending money to people with poor credit for used cars, is now facing serious accusations. The company's executives, Daniel Chu and David Goodgame, are alleged to have misled banks and investors
Carl Rinsch, the director behind the film "47 Ronin, " is in hot water. A jury found him guilty of tricking Netflix out of $11 million. He claimed the money was for his sci-fi series "White Horse/Conquest, " but it seems he had other plans. Instead of finishing the project, Rinsch took the cash and
The Reliance Group, a major player in India's finance sector, is in hot water again. The Central Bureau of Investigation (CBI) has just filed new cases against two of its subsidiaries: Reliance Home Finance and Reliance Commercial Finance. These cases come after complaints from two state-owned banks
A sneaky new malware called Albiriox is out there, and it's giving hackers full control over Android phones. It's not just about stealing data; this malware lets attackers use your phone as if they were holding it. It first showed up in September 2025 and went public in October 2025. Experts think R
Letitia James, the Attorney General of New York, is back in the legal spotlight. A federal grand jury is looking into a new set of criminal charges against her. This comes after a judge threw out an earlier set of charges. The initial case was dismissed because the prosecutor who brought the charges
A Florida Congresswoman is in hot water. Sheila Cherfilus-McCormick is accused of misusing millions of dollars meant for disaster relief. The money was supposed to help with COVID-19 vaccination efforts but ended up elsewhere. The issue started in July 2021. Her family's healthcare company got a bi
In 2019, a story broke that seemed straight out of a sci-fi movie: the first ever crime committed in space. The tale involved a custody battle, identity theft, and an astronaut. However, the truth turned out to be much more down-to-earth. Summer Worden, a former Air Force intelligence officer, made
The U. S. is stepping up its game against crypto scams. A new team, called the Scam Center Strike Force, is joining forces to take down these frauds. This team includes the DOJ, FBI, Secret Service, and others. They aim to stop scams that trick people out of billions of dollars. These scams, known
A former executive has been sentenced to over five years in prison for his role in a scheme that tricked JPMorgan Chase into buying a startup for a huge amount of money. Olivier Amar, who was the chief growth officer for the company Frank, was given 68 months behind bars. This comes after the founde
