Two Estonian citizens were arrested in Tallinn, Estonia, on an 18-count indictment for their alleged involvement in a $575 million cryptocurrency fraud and money laundering conspiracy, the U.S. Justice Department said on Monday. Sergei Potapenko and Ivan Turõgin, both 37, allegedly defrauded hundreds of thousands of victims through a multi-faceted scheme, wherein they induced them…
DetailsThe arrest of an Italian drug trafficker who was on Europol’s most wanted list is shrouded in mystery amid reports that he was captured and extradited from Syria. Bruno Carbone, who had been on the run since 2003, was the right-hand man of Raffaele Imperiale, a drug broker for the Naples’ Camorra mafia who was…
DetailsThe cryptocurrency exchange FTX owes creditors $3.1 billion, according to court documents filed late Saturday night. The Bahamas-based platform filed for bankruptcy earlier this month after the company, run by 30-year-old Sam Bankman-Fried, collapsed. The company saw its value soar to a peak of $32 billion in January. Creditors’ names were not listed on the…
DetailsPITTSBURGH — A Pittsburgh man is awaiting a preliminary hearing next month after he was accused of stealing from the Jewish Association on Aging in Pittsburgh’s Squirrel Hill neighborhood. The Jewish Association on Aging is a care and living facility for Jewish senior citizens. Marc Peagler, 31, is the former facilities manager at the facility…
DetailsJosé Irizarry was cursed with a drug lord’s tastes and a civil servant’s salary. An agent of the US Drug Enforcement Administration (DEA), Irizarry liked yacht parties with sex workers, jewelry from Tiffany, Louis Vuitton luggage and luxury cars. To finance his lifestyle – which came to include a BMW, two Land Rovers and three…
DetailsThe top “regulatory officer” at fallen crypto exchange FTX was embroiled in a notorious online poker cheating scandal more than a decade ago — and was caught on tape allegedly aiding the perpetrators of the fraud, according to reports. Dan Friedberg — a lawyer who was FTX’s chief regulatory officer in the months leading up…
DetailsElizabeth Holmes, the disgraced Theranos founder who was once compared to Steve Jobs before she was convicted of defrauding investors who backed the now-defunct blood-testing company, was sentenced to more than 11 years in prison on Friday. The pregnant Holmes, dressed in a dark blouse and black skirt, was given 135 months behind bars by…
DetailsIsabel dos Santos has yet to be notified of an international arrest warrant reportedly issued by global police agency Interpol, an official source representing the billionaire daughter of Angola’s former president said on Saturday. In a statement sent to Reuters, dos Santos’ official source said her lawyers had “consulted the Interpol database and, so far,…
DetailsAn Ohio man who was previously known to the federal government for allegedly defrauding investors, was charged by the Justice Department with defrauding investors of another $10 million dollars. Rathnakishore Giri, a 27-year-old from New Albany, Ohio, has a history of investment fraud, the Justice Department alleged, and this scheme they say was no different.…
DetailsCryptocurrency maverick Sam Bankman-Fried, who famously became a billionaire under 30, is immersed in a reversal of fortune so vast and abrupt it has hit record proportions. Once considered a financial wunderkind, Bankman-Fried now faces legal battles, possible extradition and bankruptcy in a sudden shift from his previous high-profile status as a mythic entrepreneur, political…
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