You Searched For "misappropriation of funds" and got 19 results
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1 min read
Sam Bankman-Fried is paying his defense lawyers with $10 million of misappropriated FTX funds, lawsuit says
Sam Bankman-Fried is set to go to trial in October to face eight criminal charges including securit…
Pete Syme
1 min read
Sam Bankman-Fried hit with 8 criminal charges, including fraud and conspiracy for allegedly 'misappropriating' FTX customer funds
A criminal indictment against Sam Bankman-Fried was unsealed Tuesday in New York federal court, rev…
Sindhu Sundar
3 mins read
Proposed amendments to insurance laws may lead to disputes in health claims, misappropriation: Unions
The Unions also said the proposed amendments does not define the term liability which may lead t…
2 mins read
An upmarket California restaurant took thousands of dollars in tips from staff to fund business expenses, a federal lawsuit claims
The restaurant in Pasadena deposited tips into its business account and transferred a portion to st…
Grace Dean
1 min read
Malvinder Singh arrested in another case of funds misappropriation
New Delhi, Dec 24 () Former Fortis Healthcare promoter Malvinder Singh was arrested on Tuesday in a…
PTI
2 mins read
Jet Airways raised fraud bills, faked invoices and siphoned off funds, says report
The audit reveals that it did not verify invoices, which led to inflation of bills and fuel expe…
3 mins read
Siddaramaiah alleges misappropriation in purchase of COVID-19
Responding to Siddaramaiah's charge that the government was not sharing information, Minister Sudha…
PTI
2 mins read
A crypto entrepreneur splurged millions of dollars in client funds on a billion-year old space diamond, rare Rolexes and a Ferrari, SEC says
Richard Schueler, aka Richard Heart, used millions of dollars in customer funds to buy "exorbitant …
Joseph Wilkins
1 min read
Bank cashier booked for Rs 1.56 cr 'misappropriation' in AP
Machilipatnam (AP), June 4 () A cashier of a nationalised bank was booked on Thursday on charges of…
PTI
1 min read
A radio host is suing OpenAI for defamation, alleging that ChatGPT created a false legal document that accused him of 'defrauding and embezzling funds'
Mark Walters alleged in the suit that the fake legal complaint was generated when ChatGPT was press…
Beatrice Nolan
2 mins read
The SEC has charged a Florida man it claims misappropriated $7 million from investors and lied about his crypto-payment and coronavirus-testing app
The SEC claims Aron Govil misappropriated over $7 million in investor funds in Cemtrex and lied to …
Emily Graffeo
2 mins read
Feds arrest Chinese tycoon linked to Steve Bannon and charge him with $1 billion fraud scheme to fund his yacht, Ferrari, and $36,000 mattresses
Guo Wengui, who often went by Miles Guo, has been charged with bilking his online followers out of …
Britney Nguyen
3 mins read
Ex-Georgia mayor gets prison for stealing hundreds of thousands of dollars of his city's COVID-19 relief funds
The Justice Department said Jason Lary, the 60-year-old former mayor of Atlanta suburb Stonecrest, …
Jake Epstein,Lloyd Lee
2 mins read
Leslie Wexner, the billionaire behind Victoria's Secret, says disgraced financier Jeffrey Epstein misappropriated at least $46 million from him
According to CNBC, Wexner's letter did not specify how much money was recovered from Epstein's fina…
Rosie Perper,Rosie Perper
2 mins read
Rajya Sabha passes the FCRA bill which restricts use of foreign funds in NGOs
The Foreign Contribution (Regulation) Amendment Bill, 2020, which seeks an amendment to the Fore…
4 mins read
The SEC says former high flying VC Michael Rothenberg misappropriated $19 million from investors, and kept it up even while he was negotiating his settlement
"A detailed analysis by the SEC's expert forensic accountant demonstrates that Rothenberg ultimatel…
Julie Bort
2 mins read
The SEC has charged a former rising star VC, accusing him of 'misappropriating millions of dollars' and barred him for 5 years
Rothenberg Ventures was a high-flying venture firm that publicly imploded in 2016. It was known for…
Julie Bort
1 min read
Tripura govt orders probe into misuse of funds in procuring COVID-19 test kits
Accusing a section of the health department officialsof violating central guidelines for procuring …
PTI
2 mins read
Goldman Sachs then CEO Blankfein attended meeting at center of $6.5 billion Malaysian wealth fund scandal
Then Goldman Sachs CEO Lloyd Blankfein was present at a meeting in 2009 to help establish ties with…