The jury in the trial of socialist James Stunt, who is accused of money laundering, has retired to consider its verdicts. The 40-year-old ex-husband of heiress Petra Ecclestone is one of eight defendants on trial in relation to an alleged criminal network, in which jurors have heard £266 million ($323.5 million) deposited in the bank…
Evan Luthra says he lost more than $2 million when the FTX cryptocurrency exchange imploded last month. And he feels doubly injured seeing disgraced founder and CEO Sam Bankman-Fried making the media rounds, stating that he had no idea about the “huge management failures” and “accounting f–k-ups” that led to the collapse. That Bankman-Fried has…
Several siblings have been expelled from a faith-based school in St Kilda because their parents refused to sign a memorandum of understanding that limited who they could talk to about the alleged sexual abuse of their children. The parents expressed concerns last month when the school proposed reintegrating a student who had been the subject…
Anti-Semitic hate crimes in New York City more than doubled in November compared to the same month last year, according to the latest numbers released by the NYPD. There were 45 hate crimes inspired by anti-Semitism across the five boroughs last month, compared to 20 in November 2021 — representing a 125% spike. The dramatic…
NEW YORK CITY — A $25,000 reward aims to turn up the heat on a long-simmering search for a fugitive accused of fatally stabbing a wheelchair-bound New York City man three decades ago, authorities said. The fugitive — Danny Liggett — has eluded capture since the 1987 murder and is now one of the FBI’s…
A former Miami congressman who signed a $50 million consulting contract with Venezuela’s socialist government was arrested Monday on charges of money laundering and representing a foreign government without registering. David Rivera, a Republican who has been marred by scandals stretching back to his days in Congress from 2011 to 2013, was arrested at Atlanta’s…
A group of hackers has posted a trove of approximately 50GB of data for sale on two online forums and a Telegram group. The data was posted on 26 and 27th November 2022. This was revealed to Hackread.com by researchers at VPNMentor. A probe into the incident revealed that the data belonged to 29 Israeli…
Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany’s biggest post-war fraud scandal and sent shockwaves through the country’s political and financial establishment. Austrian former chief executive Markus Braun and two other high-ranking managers of the defunct blue-chip company are facing a number of…
Increasingly complex money laundering networks play a vital role in sustaining the synthetic opioid trade, which is linked to tens of thousands of deaths globally each year. A new report says authorities are not doing enough to fight back. The Financial Action Task Force is an intergovernmental task force focused on money laundering and terrorist…
Boris Becker is set to be deported to Germany next week having served less than eight months of his two-and-a-half year sentence. The three-time Wimbledon winner, 54, was jailed in April for hiding £2.5million of assets in a bankruptcy fraud case. He is being held in HMP Huntercombe in Oxfordshire where foreign nationals are detained…