Fraud
Fraud
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An Army financial counselor defrauded loved ones of fallen soldiers for millions of dollars while breaching the rules of his position, federal prosecutors say.
July 12 -
The ex-financial advisors used clients' money on their businesses and other expenses like homes and travel, according to investigators.
July 7 -
One area of focus for the bank is using advanced artificial intelligence to detect business-email compromise. The payment messaging network Swift and online gambling host Caesars are also using AI to stop people from gaming their systems.
July 3 -
An AARP study found that the losses amount to tens of billions of dollars each year, with the vast majority going unreported to authorities or the industry.
June 28 -
A 2018 law protects wealth managers who report scams against seniors — but it can only help them if they're aware of it.
June 16 -
Andrew Brown helped the president of the Law Enforcement Employees Benevolent Association misappropriate $500,000 in retirement savings, investigators said.
June 7 -
Ever since Silicon Valley and Signature banks collapsed in March, a scramble began among regulators, politicians, bank executives and others to manage the fallout from this spring's banking crisis. Here are 10 predictions of what still lies ahead to be dealt with.
May 29 -
Douglas Hawkins sold more than $2 million in risky alternative investments without even providing his clients a prospectus, investigators said.
May 23 -
The case offered the latest example of a serious prison term for financial exploitation of older adults — a problem experts say is even bigger than the sobering statistics.
April 13 -
The stolen funds were allegedly spent on personal expenses including a swimming pool, crypto, luxury cars, a piano and a romantic relationship.
March 24