Fraud

Hacks & Exploits · 1 day ago Polymarket Faces $10 Million Fraud Scheme Amid Weakened Security Measures Polymarket, a U.S. prediction market, was targeted in a $10 million fraud scheme involving stolen debit cards, raising concerns over its anti-money-laundering practices.

Hacks & Exploits · 2 days ago Virginia Duo Arrested for Stealing Mail and $84,000 from Victims' Accounts Two men from Virginia have been charged with stealing mail and draining $84,000 from victims' bank accounts using stolen USPS keys.

Hacks & Exploits · 2 days ago Wells Fargo Customer Claims $10,000 Lost in Unauthorized Transfer, Bank Denies Reimbursement A Wells Fargo customer from Montana alleges nearly $10,000 was lost in an unauthorized wire transfer, with the bank refusing to reimburse him after denying his fraud claim.

Hacks & Exploits · 3 days ago Wells Fargo Reverses Denial of $39,000 Fraud Claim After Media Inquiry Wells Fargo has restored a couple's $39,000 after initially denying their fraud claim involving a phone scam.

Hacks & Exploits · 3 days ago Former Bank Employee Sentenced for Stealing Over $1 Million from Elderly Clients Yue Cao, a former KeyBank employee, has been sentenced to 10 years in prison for stealing over $1 million from elderly customers aged 90 to 103.

Stablecoins · 3 days ago Former Hong Kong Banker Sentenced to Four Years for Accepting Crypto Bribes Lam Chun-yin, a former banker at China Construction Bank, has been sentenced to four years in prison for accepting over $470,000 in Tether bribes to authenticate forged financial documents valued at over $1.6 billion.

Hacks & Exploits · 5 days ago Revolut Reports No Ransom Demand Following Data Breach Incident Revolut has confirmed it did not receive a ransom demand after a data breach exposed customer data, affecting around 680 users.

Hacks & Exploits · 5 days ago Georgia Investment Adviser Sentenced for Stealing Nearly $10 Million from Elderly Client Ejiroghene Okuma, a former investment adviser, has been sentenced to over seven years in prison for stealing nearly $10 million from an elderly client under the guise of managing her sister's estate.

Security · 6 days ago MEXC Reports Interception of 38.66M USDT in Risk Funds and Futures Insurance Fund Growth MEXC's July-August 2026 security report reveals the interception of over 38 million USDT in risk-related funds and an increase in its Futures Insurance Fund to 792 million USDT.

Hacks & Exploits · 1 week ago Hackers Exploit Italian Government Email to Target Revolut Users in Data Breach A cyberattack involving a compromised Italian government email led to the exposure of personal data from around 700 Revolut customers, with hackers demanding a ransom in Bitcoin.

Hacks & Exploits · 1 week ago Connecticut Bank Loses Over $33,000 in Identity Theft Scheme Involving Forgery A Connecticut bank has reported a loss exceeding $33,000 due to a fraudulent scheme involving forgery and identity theft, leading to multiple felony charges against a local man.

Hacks & Exploits · 1 week ago Texas Woman Loses $20,000 to Scammers Posing as Bank Officials A 75-year-old Texas woman fell victim to a phone scam, losing $20,000 after being tricked by scammers impersonating Wells Fargo and FBI officials.

Hacks & Exploits · 1 week ago Revolut Discloses Customer Data Following Fraudulent Government Request Revolut has confirmed that it inadvertently shared sensitive customer data, including Bitcoin transaction records, after being deceived by a fraudulent email purporting to be from a government agency.

Hacks & Exploits · 1 week ago Three Charged in California for Using Stolen Identities in Ballot Fraud Scheme Federal prosecutors have charged three individuals for allegedly paying homeless residents to forge ballot signatures in Los Angeles using stolen identities.

Compliance · 1 week ago Oraclum Capital's Vuk Vukovic Faces Fraud Charges Over Inflated Hedge Fund Returns Vuk Vukovic, founder of Oraclum Capital, has been charged with securities and wire fraud for allegedly inflating returns of the ORCA BASON Fund, misleading investors about its performance.

Compliance · 1 week ago Kansas Woman Pleads Guilty to Bank Fraud Involving $30,000 Theft Rachael Kennedy, a Kansas resident, has pleaded guilty to draining over $30,000 from banks in Maine using counterfeit passports.

Hacks & Exploits · 1 week ago Data Breach at AdaptHealth Affects Over 4 Million Patients in Pennsylvania AdaptHealth has reported a significant data breach affecting over 4 million individuals, exposing personal and health information. The company is offering identity protection services to those impacted.

Macro · 2 weeks ago Huawei Faces Trial for Alleged Sanctions Violations in Iran Huawei Technologies is set to go to trial in September 2026 over allegations of using a shell company to conduct business in Iran, violating U.S. sanctions.

Compliance · 2 weeks ago California Man Arrested in Arizona for $37.9 Million Loan Fraud Scheme Rodney Rosenstein, a California resident, has been detained in Arizona for allegedly orchestrating a $37.9 million loan fraud scheme involving pandemic relief funds and commercial loans.

Compliance · 2 weeks ago AUSTRAC Cancels 45 Crypto and Remittance Registrations in Enforcement Sweep Australia's financial intelligence agency, AUSTRAC, has canceled, suspended, or refused to renew 45 registrations for crypto and remittance firms over the past year due to various compliance issues.