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Apple was scammed of $2.5 million by two men, here is what happened
Two men used counterfeit phones and fake warranty claims to dupe Apple of USD 2.5 million. They car…
Diddy and crypto fraudster SBF are sharing a dorm-style room in a Brooklyn jail
Rapper Sean Combs and crypto fraudster Sam Bankman-Fried are sleeping in the same jail dormitory, a…
Kelly Cloonan
Hackers are stealing tickets from Ticketmaster customers' accounts. For many, the troubled platform is their only option.
Two Ticketmaster customers had tickets transferred out of their accounts by hackers. They got them …
Dan Latu,Palmer Haasch
Gen AI to unlock a "mammoth incremental opportunity" for Indian IT services: Report
The generative AI provides more opportunity to the Indian IT sector contrary to the believe of bein…
ANI
Will Caroline Ellison get jail time for her role in the $11 billion FTX fraud scheme? Here's what the judge must weigh.
Caroline Ellison likely won't do time for her role in FTX's collapse, ex-prosecutors say, though th…
Jacob Shamsian
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
Former CEO of buzzy tech startup hit with prison time for fraud
Prosecutors said the sentence of ex-Headspin CEO Manish Lachwani is a warning to other "fake it til…
Grace Eliza Goodwin
Uniform KYC on the horizon! Here’s how the proposed process can ease the burden on customers and institutions
In a recent meeting led by Finance Minister Nirmala Sitharaman, a proposal was submitted for unifor…
95% Indian companies experiencing new types of fraud after Covid
The disruptions caused by the Covid-19 pandemic have led to 95% of Indian companies being affected …
Trump defends 'respected' company behind his $175M civil fraud bond
A new defense filing raises questions about Trump's all-cash collateral.
Laura Italiano
Boeing agreed to plead guilty to a fraud-conspiracy charge over the 737 Max saga, but it isn't out of the woods just yet
By pleading guilty to a felony charge of conspiracy to defraud the US, Boeing could jeopardize its …
Pete Syme
FTX plans to give customers their money back with one painful caveat
FTX bankruptcy lawyers said it would have between $14.5 and $16.3 billion to distribute — mos…
Geoff Weiss
Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages
The corporate affairs ministry is probing various Chinese companies, especially those with links to…
PTI
DoorDash glitch gave customers free food worth thousands of dollars
Customers began reporting the problem on Thursday night, sharing receipts for thousands of dollars'…
Ryan Hogg
Apple App Store prevented over $2 billion in fraudulent transactions last year, banned 282 million user accounts
Frauds using technology are on the rise across the world and this prompted both companies and users…