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Scams, Hacks & Breaches

Bank of America Employee Fuels $10,000,000,000 Fraud Scheme, Uses Position To Launder Millions in Medicare Proceeds: DOJ

The U.S. Department of Justice says an insider at a major US bank fueled a billion-dollar fraud scheme that stole…

February 7, 2026

California Man Allegedly Masterminds $37,000,000 Ponzi Scheme, Draining Trove of Cash From More than 100 Victims’ Bank Accounts: SEC

The U.S. Securities and Exchange Commission (SEC) is accusing a California entrepreneur and his companies of executing a multi-million dollar…

February 7, 2026

Man Who Sold $105,000,000 of Illegal Narcotics Through Crypto-Based Marketplace Receives 30 Years in Prison: DOJ

The owner of the dark web marketplace Incognito Market has been sentenced to 30 years in federal prison for running…

February 7, 2026

US Lender Warns 131,070 Americans After Customers’ Personal Data Exposed in Third-Party Hack

A US lender is warning more than 100,000 users that their personal information is at risk after a third-party data…

February 7, 2026

Billion-Dollar Bank Handing Up To $4,500 To Customers After ‘Unauthorized Actor’ Breaches Network, Steals Sensitive Information

A US bank is preparing to hand thousands of dollars to customers after a network breach placed their sensitive data…

February 6, 2026

Wells Fargo Refuses To Reimburse Customer After $814,000 Abruptly Drained From Bank Account, Triggering Battle for Life Savings: Report

An elderly Wells Fargo customer suffering from multiple health issues says he lost hundreds of thousands of dollars after falling…

February 5, 2026

Bank Insider Accused of Stealing $50,997 From Billion-Dollar Lender, Taking Cash Directly From Drive-Through Drawer

A US bank employee has allegedly stolen a pile of cash from the lender, triggering tens of thousands of dollars…

February 4, 2026

‘Insatiably Greedy’ Shoe Seller Masterminds $80,000,000 Fraud, Uses Customer Funds To Fuel Lavish Lifestyle: DOJ

An Oregon shoe reseller orchestrated a sweeping fraud scheme that cost customers and banks more than $80,000,000, according to the…

February 3, 2026

Woman Sues JPMorgan Chase After Scammers Drain $1,300,000 From Bank Account: Report

A woman in Florida is reportedly suing JPMorgan Chase after scammers extracted over $1 million from her account. Eighty-year-old Olga…

January 31, 2026

Fraudster Steals $36,000,000 From Medicare, Splurges on Luxury Items, Large Home and Rolls-Royce

A man in Florida is pleading guilty to defrauding Medicare out of tens of millions of dollars in a ‘Doctor…

January 31, 2026