#financial crime
16 stories taggedfinancial crime.
Sports Cars, Private Jets, Mansions: How a $240 Million Bitcoin Theft Ended in Arrests
A group of crypto criminals stole $240 million in Bitcoin from a single victim, then spent so openly that investigators barely had to look.
Slim Spider: The Brazilian Crew Quietly Robbing Banks Through Pix
A newly named criminal group is targeting Brazil's financial system with deep knowledge of instant payments and crypto custody.
Three Australians Plead Guilty to Helping Overseas Scammers Strip Victims of Life Savings
The trio acted as local foot soldiers for foreign criminals running fake investment schemes that robbed Australians of millions of dollars.
Man Posed as NFL Player to Steal $1.3 Million from 26 Women Across Four States
Federal prosecutors say Daejon Love used dating apps, fake investment accounts, and a made-up San Francisco 49ers identity to run a romance fraud that took over a million dollars from victims in Oregon, Washington, Idaho and California.
Phone thief raided victim's Sharesies investment account and moved $50,000 in three transfers
A Hamilton man is behind bars after a stolen cellphone gave criminals a direct route into an investment app, netting tens of thousands of dollars. The case also exposed a separate scheme to help scammers cheat an elderly victim out of $24,000.
Dark-web card data, 98 Bunnings items, and one PowerPass account: how a South Australian man was caught
Aijaypal Tim Sanghera used stolen credit card numbers, almost certainly bought on the dark web, to order $15,899 worth of goods from Bunnings stores across South Australia. A loyalty account tied every transaction to his name.
UK Homebuyers Lose Hundreds of Thousands to 'Friday Afternoon' Email Fraud
Criminals hijack email chains between buyers, solicitors and estate agents to redirect house-purchase deposits into fake bank accounts. One victim lost £300,000.
Eight Years for ATM Jackpotting: What the Sentence Tells Us About Cash Machine Crime
A Venezuelan national just received what prosecutors are calling a record federal prison term for a scheme that drained ATMs of millions. Here is what happened, and why it is harder to pull off than it looks on TV.
Grandoreiro Banking Malware Is Back, Targeting Mexican Bank Customers
A banking Trojan first spotted in 2016 is still active, still stealing money, and now using a trusted file-management tool as cover to slip past security software on computers in Mexico.
Interpol's Global Payment Network Stopped a $6.6 Million Fraud Transfer. Here's How It Works.
A worldwide system linking police forces and banks in 196 countries is getting faster at freezing stolen money before criminals can move it across borders.
Synthetic Identity Fraud Is Quietly Building People Who Don't Exist
Criminals stitch real data points together with fake ones to invent 'people' banks and payroll systems will lend to, hire, and eventually be defrauded by.
How a Spanish Cybercrime Gang Stole €140 Million and Almost Got Away With It
Spanish police, working with partners across Europe and beyond, dismantled a fraud network that used fake boss emails, phony investment sites, and nearly a thousand bank accounts to steal the equivalent of $161 million from ordinary people and businesses.
Farage's £5m Crypto Gift Was Flagged to the UK's National Crime Agency Over Money-Laundering Fears
Bankers who processed the payment raised a formal suspicion report. Now the Reform UK leader faces scrutiny from two directions at once.
Seven Arrested Over Alleged Council Fraud in Shepparton as Police Probe Four-Year Scheme
Greater Shepparton City Council referred its own employees to police after internal checks flagged suspicious financial activity stretching back to 2022.
Former College Basketball Player Charged With $2.2 Million Fraud Scheme Involving Fake Identities
Kerr Kriisa, who played at Arizona, West Virginia, Kentucky, and Cincinnati, faces five counts of wire fraud after allegedly posing as his own mother and a made-up person to extract money from two victims over four years.