FTX Investors Settle With Bankman-Fried to Pursue Promoters April 22, 2024 By Ava Benny-Morrison and Jef Feeley A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for...
Murdaugh Sentenced to 40 Years for Stealing Insurance, Other Funds from Clients, Firm April 3, 2024 By Jeffrey Collins CHARLESTON, S.C. (AP) — For maybe the last time, Alex Murdaugh, in a prison jumpsuit instead of the suit he...
Murdaugh Denied New Trial After Judge Hears Jury-Tampering Claims January 31, 2024 By Jeffrey Collins COLUMBIA, S.C. (AP) — A South Carolina judge on Monday denied Alex Murdaugh’s bid for a new trial after his...
Alex Murdaugh Gets 27 Years Added to Prison Time for $12M Theft From Clients November 29, 2023 For years, South Carolina attorney Alex Murdaugh looked his anguished clients in the eyes and promised to help them with...
FTX Investors Shift Focus to Celebrity Endorsers After SBF Conviction November 7, 2023 By Malathi Nayak Sam Bankman-Fried’s criminal fraud conviction came just as the FTX implosion was approaching its first anniversary. But for others who...
Ex-Crypto Mogul Sam Bankman-Fried Convicted of Multi-Billion Dollar FTX Fraud November 3, 2023 By Luc Cohen and Jody Godoy FTX founder Sam Bankman-Fried was found guilty Nov. 2 of stealing from customers of his now-bankrupt cryptocurrency exchange in one...
Murdaugh Pleads to Federal Charges for Skimming Settlement Funds from Clients September 22, 2023 For the first time, Alex Murdaugh has admitted in federal court that he committed 22 counts of financial fraud and...
Annual Financial Crime Compliance Costs Rise to $49.9B for Financial Institutions September 28, 2021 Financial crime compliance costs for the U.S. and Canada are at nearly $50 billion in 2021, a rise of almost...
Cryptocurrency Crime Declines But ‘DeFi’ Fraud Soars: CipherTrace May 14, 2021 By Gertrude Chavez-Dreyfuss Losses from cryptocurrency theft, hacks and fraud fell sharply in the first four months of the year, but crime in...
New York’s AG Forms New Bureau to Fight Complex Financial Crimes January 21, 2014 By Chris Dolmetsch New York Attorney General Eric Schneiderman expanded an existing criminal bureau to include a focus on financial wrongdoing two years...