10 Notorious Fraudsters Who Scammed Their Way Into History
10 Notorious Fraudsters Who Scammed Their Way Into History. Throughout history, various swindlers have turned trust into personal fortune, only for their deceptive schemes to eventually crumble. As the world evolved, so did the methods of these tricksters, who adapted to technological advances and shifting economic landscapes. From classic scams to digital cons, notorious figures […]
Archegos Founder Bill Hwang Sentenced to 18 Years in Jail for US Fraud
Archegos Founder Bill Hwang Sentenced to 18 Years in Jail US Fraud. Former billionaire investor Sung Kook “Bill” Hwang has received an 18-year prison sentence following the downfall of Archegos Capital Management, which resulted in over $10 billion in losses for Wall Street banks. On Wednesday, United States District Judge Alvin Hellerstein in Manhattan handed […]
FTX Sues Binance and Former CEO Zhao Over $1.8 Billion in Alleged Fraudulent Transfers
FTX Sues Binance and Former CEO Zhao Over $1.8 Billion in Alleged Fraudulent Transfers FTX has filed a lawsuit against Binance and its former CEO, ChangPeng Zhao, in an effort to recover nearly $1.8 billion that it claims was fraudulently transferred during a share transaction. The legal action, initiated by the estate of the now-defunct […]
Sean ‘Diddy’ Combs Legal Timeline
Sean ‘Diddy’ Combs Legal Timeline. Since the 16 September, 2024, Sean ‘Diddy’ Combs has been in jail and is currently being held at the Metropolitan Detention Center in Brooklyn, New York, a Federal administrative detention facility in the Sunset Park neighborhood of Brooklyn. The detention center has housed a number of high-profile inmates in recent […]
FTX investors halt lawsuit against law firm Sullivan & Cromwell
FTX investors halt lawsuit against law firm Sullivan & Cromwell. A group of investors in FTX informed a federal court in Miami on Wednesday of their decision to voluntarily withdraw their proposed class action lawsuit against the well-known U.S. law firm Sullivan & Cromwell. The investors had alleged that Sullivan & Cromwell was involved in […]