US President Donald Trump speaks after signing an executive order that aims to rename Lake Ontario to Lake America in the Oval Office of the White House in Washington, DC, on Aug. 27, 2026. Jim Watson | AFP | Getty Images A federal judge on Friday rejected an effort by President Donald Trump to transfer…
Mark Walter‘s TWG Global blasted what it called “multipronged attacks” against the holding company and its subsidiaries, and said “despite what has been reported, there has been no fraud” at those companies. TWG also said it “is not looking to sell its sports assets at ‘fire sale’ prices to raise capital for its insurance operations.”…
Daniel De La Hoz | Moment | Getty Images Even as companies devote more resources to cybersecurity, the number of reported data breaches involving consumers‘ personal data is on pace to surpass last year’s record. More than 471 million million victim notices were associated with data compromises in the first half of 2026, according to…
Luigi Mangione pleaded guilty Friday in New York federal court to stalking that led to him killing UnitedHealthcare CEO Brian Thompson on a midtown Manhattan street in December 2024. Mangione’s lawyers immediately afterward filed a motion in New York state court saying that charges of murder and other counts in that court for Thompson’s slaying…
Gautam Adani, chair of Indian conglomerate Adani Group, addresses a gathering during the Vibrant Gujarat Global Summit 2024 in Gandhinagar, Gujarat, India, on Jan. 10, 2024. Punit Paranjpe | AFP | Getty Images A US judge on Monday dismissed the bribery case against Indian billionaire Gautam Adani, while also rebuking a senior Department of Justice…
Nikolas Kokovlis | Nurphoto | Getty Images Visa on Monday said it is acquiring fraud detection startup BioCatch for $2.4 billion in cash, expanding the payment giant’s push into cybersecurity as banks confront a surge in artificial intelligence-powered scams and account takeovers. Under the deal, Visa will get BioCatch’s behavioral biometrics platform, which analyzes data…
Vladimir Vladimirov | E+ | Getty Images For victims of fraud, a second financial blow sometimes comes their way — they owe taxes on the stolen money. Scam victims have faced restrictions on whether they can claim their losses as a deduction on their tax return since 2018, due to a temporary change under the…
A selection of Louis Vuitton handbags is neatly arranged on a shelf inside a luxury boutique in Bari, Italy, on July 2, 2025. (Photo by Matteo Della Torre/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images A New York woman who worked as a personal assistant pleaded guilty to wire fraud on Wednesday for…
A sign advertises a Bitcoin ATM at a gas station on July 16, 2025 near Pasadena, California. Mario Tama | Getty Images According to the FBI, $240 million was lost to cryptocurrency ATM scams in the first six months of 2025 — about double the pace of similar scams in 2024. The growing pace of…
10’000 Hours | Digitalvision | Getty Images Criminals are increasingly pilfering the retirement and other financial accounts of older Americans via so-called “imposter” scams, the Federal Trade Commission reported Thursday. The frauds tend to go like this: Scammers conjure a fake crisis and pose as trustworthy sources — perhaps a representative for a bank or…
