Top 9 Wire Transfer Scams (and How To Avoid Them)
Top 9 Wire Transfer Scams (and How To Avoid Them) Wire transfer scams can wipe out your house deposit or savings in no time. Get the lowdown on how these scams operate, what warning signs to look for, and tips to protect yourself. Getting Scammed While Wiring Money When Aaron Fisher transferred more than $900,000 […]
Siemens Energy guilty of wire fraud against GE and Mitsubishi
Siemens Energy guilty of wire fraud against GE and Mitsubishi. Siemens Energy, Inc. pleads guilty and agreed to pay $104M to resolve a federal criminal investigation into theft of confidential information from competitors – General Electric and Mitsubishi Heavy Industries. Siemens Energy has admitted to unlawfully acquiring information to gain a competitive advantage in its […]
What is Wire Fraud
What is wire fraud? Wire fraud is a type of financial fraud that involves the use of telecommunications or internet-based communication to carry out a scheme designed to defraud someone of money or property. This can encompass methods such as telephone calls, faxes, emails, text messages, and social media communications, among others. Wire fraud often […]
Eric Adams NY City mayor charged with bribery and wire fraud
Eric Adams NY City mayor charged with bribery and wire fraud. What we know about Eric Adams’ indictment: New York Mayor Eric Adams was served five charges: conspiracy to commit wire fraud, federal program bribery, and to receive campaign contributions by foreign nationals; wire fraud; solicitation of a contribution by a foreign national; solicitation of a […]