Hacker NewsDec 5, 2024
McKinsey unit will pay $123M to settle claims it bribed South African officials
https://www.cnbc.com/2024/12/05/mckinsey-bribery-settlement-south-africa.html
#ycombinator #Collusion #Corruption #South_Africa #Crime #Politics #Breaking_News_Politics #Elections #Donald_Trump #Securities_fraud #business_news
McKinsey unit will pay $123 million to settle claims it bribed South African officials

The scheme to bribe two South African state-controlled companies helped McKinsey and McKinsey Africa net approximately $85 million in profits, the DOJ said.

CNBC
 Hacker NewsAug 21, 2024
Crypto 'pig butchering' scam wrecks bank, sends ex-CEO to prison for 24 years
https://www.cnbc.com/2024/08/21/cryptocurrency-shan-hanes-pig-butchering-scam.html
#ycombinator #Breaking_News_Politics #Politics #Securities_fraud #United_States #ELKHART #Banks #Crime #Laws #Cryptocurrency #Business #business_news
Cryptocurrency 'pig butchering' scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

Heartland Tri-State Bank in Kansas failed after CEO Shan Hanes caused $47 million in wire transfers to be sent to scammers running a pig butchering scheme.

CNBC
 Hacker NewsJul 4, 2024
Thousands ofAmericans got caught in fintech and lost access to bank accounts
https://www.cnbc.com/2024/07/02/synapse-fintech-fdic-false-promise.html
#ycombinator #Personal_finance #Business #FedEx_Corp #Securities_fraud #Walt_Disney_Co #PayPal_Holdings_Inc #Block_Inc #JPMorgan_Chase_Co #Breaking_News_Markets #Banks #Breaking_News_Investing #Investment_strategy #Venture_capital #Technology #FinTech #General_Motors_Co #LendingClub_Corp #business_news
How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

The Synapse collapse has revealed fintech's promise of safety as a mirage. More than 100,000 Americans with $265 million in deposits were locked from accounts.

CNBC
 Hacker NewsOct 3, 2023
$8B Sam Bankman-Fried criminal trial starts today
https://www.cnbc.com/2023/10/03/sam-bankman-fried-criminal-trial-starts-today-heres-whats-at-stake.html
#ycombinator #Breaking_News_Technology #Securities_fraud #Bitcoin_USD_Coinbase #FinTech #Technology #Cryptocurrency #Bitcoin #Energy #business_news
RedPacket SecuritySep 9, 2023

Russian Man Handed Nine-Year Sentence for Hacking Scheme - https://www.redpacketsecurity.com/russian-man-handed-nine-year-sentence-for-hacking-scheme/

#threatintel #Corporate_Hacking_Scheme #Russian_Businessman #Securities_Fraud

Russian Man Handed Nine-Year Sentence for Hacking Scheme - RedPacket Security

A US court has sentenced a Russian businessman to nine years in prison for an elaborate corporate hacking scheme that defrauded American businesses to the

RedPacket Security