7+ hour, 24+ min ago   (528+ words) He sold a supercomputer. What investors actually bought him was a house. Brent C. Kovar, the man behind Profit Connect, has been convicted by a federal jury on 15 counts of fraud and money laundering, after prosecutors argued he collected $24 million from…...

1+ hour, 23+ min ago   (216+ words) COLUMBIA, Tenn. (WZTV) — A multi-agency investigation into illegal gambling in Columbia has led to more than $1.3 million in cash seized, dozens of gambling machines taken and 13 people arrested. On Tuesday, officers and agents from several local and federal agencies carried…...

3+ hour, 12+ min ago   (403+ words) A businessman has been sentenced to two years in federal prison after pleading guilty to orchestrating a telemedicine fraud scheme that submitted approximately $110 million in false claims to Medicare. Steven Richardson, 42, of Port St. Lucie, was sentenced by U.S. District Court…...

17+ hour, 35+ min ago   (215+ words) (Luxembourg, 26 August 2026) – At the request of the European Public Prosecutor’s Office in Munich (Germany), five individuals were arrested today in Czechia, suspected of being the organisers of a criminal VAT fraud scheme involving the sales of wireless earbuds. As part…...

4+ hour, 43+ min ago   (333+ words) The Federal Bureau of Investigation has confirmed the arrest of Massachusetts State Representative Francisco Paulino in Lawrence on Wednesday, August 26. This comes after federal prosecutors charged him with fraudulently obtaining more than $700,000 in COVID-19 pandemic relief funds and subsequently laundering…...

10+ hour, 51+ min ago   (646+ words) Roman Storm, a developer of Tornado Cash, stated that Chainalysis assisted prosecutors in tracking his transactions. He pointed out that the same firm was earning fees as a Tornado Cash relayer in 2022. He made the point on X on Tuesday,…...

11+ hour, 35+ min ago   (45+ words) Brent Kovar was convicted of wire fraud and money laundering for a $24 million Ponzi scheme that promised fixed returns from an AI supercomputer....

10+ hour, 44+ min ago   (466+ words) A member of the Massachusetts legislature was arrested Wednesday on charges of pandemic fraud, with federal prosecutors saying he stole more than $700,000 in unemployment and small business money and used it to buy real estate and fund his campaign. The…...

13+ hour, 51+ min ago   (321+ words) The arrests highlight a wave of online fr@ud, romance scams and identity theft schemes. Police arrested Abdulwajeed Abdullahi in Kano for operating as an online romance scammer using the name Captain Junaid. He allegedly defrauded victims of N3.5 million and…...

18+ hour, 16+ min ago   (454+ words) A federal jury convicted Profit Connect owner Brent C. Kovar on 15 fraud and money-laundering counts after prosecutors said he obtained $24 million from at least 400 investors through false claims about an AI-powered crypto business. The Justice Department said the verdict followed a…...