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mashable's picture

Founders of a DJ Khaled-endorsed ICO have been charged with fraud

The two co-founders of Centra, a cryptocurrency initial coin offering (ICO), that was endorsed by musician DJ Khaled and boxer Floyd Mayweather, have been arrested and charged with fraud.  The U.S. Securities and Exchange Commission (SEC)
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mashable's picture

'The next Steve Jobs' charged with 'massive fraud'

Stanford University dropout Elizabeth Holmes was once anointed "the next Steve Jobs." Sadly for the now disgraced (and soon to be former) CEO of Theranos, her "one more thing" just so happens to be getting hit with charges of "massive fraud" by the
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businessstandard's picture

PNB scam and banking sector crisis: Will NFRA reduce fraud risk?

From: Buisness-standard By Asish K Bhattacharyya Recommended by: business-standard Fraud in business firms, particularly in financial institutions, is not uncommon. The Reserve Bank of India (RBI) data, which Reuters obtained
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mashable's picture

Bro responsible for Fyre Festival pleaded guilty to fraud

Remember the absolute failure that was the overhyped, under-delivered Fyre Festival? Just under a year from that fateful weekend, the business bro responsible is being held accountable. Per a report from the New York Times, festival organizer Billy
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mashable's picture

Bitcoin's self-proclaimed creator accused of using obscure font to steal billions

If you're going to defraud someone out of several hundred thousand bitcoin, maybe don't also draw undue attention to yourself by publicly claiming to have created the cryptocurrency.  Oh, and you probably shouldn't make a shitty computer font
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businessstandard's picture

PNB fraud: Why India's banking system is flawed and how we can fix it

From: Buisness-standard By Debashis Basu Recommended by: business-standard To the collective dismay of the public, there is one more bank scam, which, not surprisingly, involves a public sector bank (PSB) — Punjab National Bank.
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businessstandard's picture

PNB Rs 114-bn fraud: Is it a threat or opportunity for investors?

From: Buisness-standard By Devangshu Datta Recommended by: business-standard When there's a crisis in an industry that's too important to fail, is it a threat or opportunity for investors? Analysts of Indian banking will be
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businessstandard's picture

PNB fraud: What does it take to set up a high-performance RBI?

From: Buisness-standard By Ajay Shah Recommended by: business-standard A certain minimal state capacity in bank regulation and supervision is required, and we are repeatedly discovering this is absent. Some people see this as a
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johnsullivan's picture

WrkRiot CEO Faces 20 Years in Prison for Fraud, Royally Screwing Over Employees

Life can be chaotic at a startup. You never know how long the company can milk its investment cash, and being acquired is a luxury most never experience. Employees working for Isaac Choi, CEO of WrkRiot, got more than any...
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businessstandard's picture

Winning the war against fraud, export slumps, NPAs and corruption

From: Buisness-standard By Arpinder Singh Recommended by: business-standard India’s growth has gone through a sea change in the last few years, becoming a powerhouse in the global economy. However, businesses have also struggled

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