You Searched For "fraudulent bank account" and got 20 results
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3 mins read
Trump's own fraud-trial expert testifies about 'glaring' problems in his financial statements but blames the accountants
With experts like these, who needs an attorney general? Donald Trump's star accounting witness note…
Laura Italiano
3 mins read
Judge erupts at Trump's lawyers for wasting time with 'ridiculous' repetitive questions aimed at Trump Organization's ex-accountant
Justice Arthur Engoron said he was "pounding the bench again" after Trump's lawyer kept up with a r…
Jacob Shamsian
2 mins read
U.S. Bank has been fined nearly $36 million for freezing some customers' access to unemployment benefits during the pandemic
The CFPB said U.S. Bank froze tens of thousands of ReliaCard accounts and didn't make it easy for c…
Grace Dean
4 mins read
The Trump 'haircut': Yes, Deutsche Bank really used this term in reducing what Trump said he was worth
In planning for a possible default, Trump's favorite lender chopped down what Trump said he was wor…
Laura Italiano
2 mins read
EY's chairman expressed 'regret' that German fintech Wirecard's fraudulent practices were 'not uncovered sooner'
"The public interest clearly requires that much more be done to detect fraud at its earliest stages…
Shalini Nagarajan
5 mins read
More than 100 customers of N26, one of Europe's biggest online banks, say their accounts were suddenly closed and some haven't gotten their money back
N26 customers are still waiting to be refunded after being hit with account terminations and being …
Jyoti Mann
2 mins read
Indian national jailed in Singapore for bank fraud
In exchange for at least $100, Kunal, who was jailed on Wednesday, withdrew cash totalling mor…
1 min read
A former quant was charged in an $8.5 million insider trading scheme that included making more than 3,000 fraudulent trades from his wife's brokerage account
The SEC discovered the scheme by using data analysis tools to detect suspicious patterns in trading…
Matthew Fox
2 mins read
Bank of America raked in at least $80 million by repeatedly charging some customers a $35 fee, regulators say
The bank has been ordered to refund customers $80 million in repeated fees, as it faces a $250 mill…
Matthew Loh
3 mins read
CBI books telecom company GTL for diverting ₹4,760 crore loan availed from IDBI Bank, others
According to the FIR, the company allegedly diverted or siphoned off a majority of the loan amou…
PTI
2 mins read
Four in five Asian banks are losing money to fraud as real-time payments rise — and it will only get worse in 2020
FICO, a US analytics company that uses predictive trends and data science, conducted a survey where…
1 min read
U.S. Bank illegally used customer data to create sham accounts to inflate sales numbers for the last decade. Now they've been fined $37.5 million plus interest on unlawfully collected fees.
The Consumer Financial Protection Bureau fined U.S. Bank $37.5 million for using customer data to o…
Katherine Tangalakis-Lippert
3 mins read
Thieves keep stealing money from Kanye West's old 2020 presidential campaign account
Unidentified thieves have struck Ye's 2020 presidential campaign account several times during the p…
Dave Levinthal
2 mins read
Bank of America has been fined $225 million for 'botching' unemployment benefit payments during the pandemic
A federal agency said the bank had engaged in "unfair and abusive acts and practices" that cut some…
Grace Dean
2 mins read
Senator Sherrod Brown warns Americans to be careful about putting their money in 'fintechs that want to act like banks'
The number of people using fintech banking services is projected to more than double to 50 million …
Jason Lalljee
2 mins read
Ex-Wells Fargo exec says the company held 'fake interviews' with women and people of color for jobs already filled to inflate its diversity efforts
Three current Wells Fargo employees told The New York Times that the fake job interviews had been c…
Avery Hartmans
2 mins read
Silvergate's ties to FTX are under scrutiny by US senators who say the crypto bank was 'evasive' in earlier inquiries
Lawmakers said that the firm failed to fully answer questions about its relationship with FTX when …
Morgan Chittum
2 mins read
Wells Fargo is getting walloped by their fraudulent accounts scandal
This comes in the first full month after the revelations that the bank had opened as many as 2 mill…
Bob Bryan
6 mins read
Trump's secret, ugly breakup with Deutsche Bank is revealed in new allegations by NY's attorney general
When Donald Trump sold his DC hotel for $375 million this May, Deutsche Bank had the financial equi…
Laura Italiano
1 min read
The FBI is warning crypto investors to be on the lookout for fake apps that have defrauded over $42 million from users
The FBI said fraudsters were using the popularity of online banking and masquerading under names of…