Financial Fraud Involving Shohei Ohtani's Former Interpreter

Ippei Mizuhara, a former interpreter for Shohei Ohtani, has pleaded guilty to stealing millions from Ohtani to cover gambling debts. He faces up to 33 years in prison for bank fraud and subscribing to a false tax return. Mizuhara deceived the bank to obtain money from Ohtani's account, making unauthorized wire transactions totaling nearly $17 million.

Vietnam Real Estate Tycoon Sentenced to Death for $12.5 Billion Fraud Case

Real estate tycoon Truong My Lan was sentenced to death in Vietnam's largest financial fraud case, involving $12.5 billion in fraud. Lan controlled Saigon Joint Stock Commercial Bank illegally, resulting in $27 billion in losses. Her family members also received prison sentences. The case shocked the nation and raised concerns about the country's economic outlook.

Vietnam's Largest Financial Fraud Case and Anti-Corruption Drive

Real estate tycoon Truong My Lan was sentenced to death in Vietnam's largest financial fraud case, involving $12.5 billion. The anti-corruption drive in Vietnam has intensified since 2022, with high-profile arrests and resignations. The scale of the scam has raised concerns about the country's economic outlook and foreign investment.

Sam Bankman-Fried Sentenced to 25 Years in Prison for Financial Fraud

Crypto tycoon Sam Bankman-Fried has been sentenced to 25 years in prison for one of the biggest financial frauds in history. He was convicted of fraud, conspiracy, lying to investors, and money laundering. His empire collapsed, and he faces a significant period of imprisonment.

Fall of Sam Bankman-Fried and FTX Empire

Sam Bankman-Fried, once a multibillionaire, is now facing a potential 40-50 year prison sentence for his involvement in a major financial fraud. His empire, including FTX, collapsed due to mismanagement and misuse of customer funds.

Crypto Tycoon Sentenced to 25 Years for Financial Fraud

Crypto tycoon Sam Bankman-Fried has been sentenced to 25 years in prison for one of the biggest financial frauds in history, involving lying to investors, fraud, and money laundering.

Organized Crime and AI

INTERPOL has named the Jalisco New Generation Cartel (CJNG) in a report about how organized crime groups are using AI to expand their illicit operations, including financial fraud and human trafficking for criminal activities. The report highlights the use of AI, large language models, and cryptocurrencies in sophisticated fraud campaigns.

Cryptocurrency Romance Scam

A Philadelphia-based tech professional was defrauded of $450,000 in a cryptocurrency romance scam after being wooed online by a fraudster pretending to be a French wine trader. The scam involved deepfake videos and sophisticated scripts, resulting in significant financial loss and emotional trauma for the victim.

New York Attorney General seeks to seize Trump's assets over $354 million fine

New York Attorney General Letitia James is prepared to seize former President Donald Trump's assets if he is unable to pay the $354 million fine ordered by a judge in a civil fraud case. Trump denies wrongdoing and plans to appeal. AG James is confident in her case and states that financial frauds are not victimless crimes.

Legal Action Against Donald Trump

New York Attorney General is prepared to seize former President Donald Trump's assets if he cannot pay $354 million fine for civil fraud case. Trump plans to appeal the decision.

Legal Action Against Donald Trump

New York Attorney General Letitia James is prepared to seize former President Donald Trump's assets to cover a $354 million fine in his civil fraud case. Trump inflated his net worth to get better loan terms, leading to the massive fraud ruling. James is eyeing Trump's building on 40 Wall Street for asset seizure.

Donald Trump's Civil Fraud Trial Judgment

Judge Arthur Engoron released a judgment in Donald Trump’s civil fraud trial, imposing a fine of $355 million and banning Trump from serving in a top role at any New York corporation for three years. The ruling was based on Trump and the Trump Organization persistently inflating the value of their assets on financial documents submitted to banks. Trump faces financial setbacks with this ruling, along with previous defamation fines. The judgment marks the end of a six-month drama that began with a pretrial ruling last September.

Donald Trump launches Trump Sneakers

Former President Donald Trump launches his own line of tennis shoes called Trump Sneakers, featuring high-tops and laceless athletic shoes. The line is available for preorder online and includes extras like extra laces and a Trump “superhero charm.” The announcement comes after Trump incurred a $350 million penalty for financial fraud.