fraud

Latest in fraud

An elderly woman in Japan sent thousands of dollars to a trickster who claimed to be an astronaut trapped in space.

Woman Sends Money to “Stranded Astronaut” So He Can “Buy Oxygen”

By Frank Landymore

The gas station clerk heroically intervened to stop the old ladies from losing their money — but had to take drastic measures.

Heroic Gas Station Clerk Realizes Elderly Women Are Being Scammed at the Bitcoin ATM, Unplugs It to Save Them

By Frank Landymore

Using generative AI, a growing trend of live-video fakes fueled by AI is targeting the young and old alike.

Artificial Intelligence

Lonely Boomers Are Doomed Now That Scammers Are Using AI Filters to Make Themselves Look Like Beautiful Women

Promoter and convicted fraudster Billy McFarland revealed that he would be selling the Fyre Festival and all of its IP.

Billy From Fyre Fest Says He Just Can’t Do it Anymore

By Victor Tangermann

The founder of a San Francisco-based AI startup called On Platform was arrested after being accused of defrauding investors of $60 million.

Artificial Intelligence

Man Arrested for Raising $60 Million for AI Startup, Instead Spending It on Luxurious Lifestyle

By Victor Tangermann

After duping the Los Angeles school system into giving her gobs of money, the founder of an AI firm allegedly spent a lot of it on herself.

Artificial Intelligence

AI Founder Promised Amazing Chatbot to Public Schools, Then Allegedly Spent the Money on a Lavish Wedding and Mansion

By Noor Al-Sibai

Executives at the Manhattan bank that funded Donald Trump's Truth Social are accusing each other of blowing millions.

Trump’s Truth Social Funders Accuse Each Other of Blowing Millions on Gambling and Prostitution

By Noor Al-Sibai

After receiving millions of dollars in cash gifts, the parents of disgraced crypto CEO Sam Bankman-Fried are trying to hold on to the funds.

Sam Bankman-Fried’s Parents Aghast at Lawsuit Asking for FTX Money Back

By Victor Tangermann

During his last day of testimony, Sam Bankman-Fried claimed he didn't ask too many questions about that $8 billion that went missing.

SBF Was Apparently Told to “Stop Asking Questions” About Where $8 Billion Went

By Noor Al-Sibai

Disgraced crypto scion Sam Bankman-Fried's fraud trial is about to start heating up — and the judge has a stark warning for the FTX founder.

Judge Warns Sam Bankman-Fried He’s Facing a “Very Long Sentence”

By Noor Al-Sibai

It's been a year since Fyre Festival founder Billy McFarland was let out of prison early — and he's already planning another one.

Billy McFarland Threatens to Hold Another Fyre Festival

By Noor Al-Sibai

Logan Paul Says His NFT Game Isn’t a Scam, He Just Hired Scammers to Build It and They Did Some Scamming

Logan Paul Says His NFT Game Isn’t a Scam, He Just Hired Scammers to Build It and They Did Some Scamming

By Victor Tangermann

Legal experts have pointed out a shocking loophole that may actually work in the favor of Sam Bankman-Fried, FTX's youthful head.

Experts Say Sam Bankman-Fried’s Best Legal Defense Is to Say He’s Just Really, Really Stupid

By Noor Al-Sibai

A Coinbase manager, who has since been let go from the cryptocurrency exchange for insider trading, has been arrested after attempting to flee the country.

Coinbase Manager Arrested as He Tries to Flee the Country

By Victor Tangermann

For an industry so obsessed with peer review, it appears that academic journals are very reticent to retract or even warn readers about fraudulent articles.

Ignorant Scientists Keep Citing Papers That Were Retracted for Fraud

By Noor Al-Sibai

After firing scores of employees over Zoom, the CEO of Better.com is in legal hot water for allegedly defrauding investors.

The CEO Who Fired 900 People Over Zoom Is in Big Legal Trouble

By Noor Al-Sibai