fraud
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Don’t Call It a Comeback: Ozy’s CEO Arrested for Fraud
Ozy CEO and co-founder, Carlos Watson, was arrested on Thursday for conspiring to commit securities fraud and conspiring to commit wire fraud. His arrest comes just days after fellow co-founder and Chief Operating Officer Samir Rao pleaded guilty to one count of conspiring to commit securities fraud, one count of conspiring to commit wire fraud,…
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Judge Tells 30-Year-Old SBF to Move Back in With Parents on Bail
Failed crypto founder Sam Bankman-Fried heard the news no young man wants to hear Thursday: “sorry son, you’re moving back in with your parents.” For all the young people who lived with their folks into their 20s, let’s just hope for his sake that the old man didn’t get rid of his old childhood bed.
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FCC Orders Telecoms to Block Arsehole Scammers Targeting Student Loan Forgiveness Seekers
U.S. telecom providers, under a new FCC order, will have to take “all necessary steps” to block calls from a shady communication company engaged in a mass robocall scam praying on people seeking student loan forgiveness.
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Meta Allegedly Failed to Stop a Months Long Canadian Immigration Scam Targeting Migrants
Scammers posing as Canadian immigration experts exploited Facebook and WhatsApp groups to target migrants in a months long data harvesting scheme. In some cases, migrants wrapped up in the scam are convinced to recruit over a dozen more desperate people, allegedly in exchange for help applying and paying for a visa. That help never comes.…