Get the scoop on finance - sign up for mobile alerts

Scams, Hacks & Breaches

CEO of Publicly Traded Firm Falsifies and Fabricates Bank Records in $212,000,000 Investment Fraud Scheme: DOJ

The former CEO of a publicly traded healthcare services company has been sentenced to five years in prison for his…

May 16, 2026

Bank Employee Hijacks 78-Year-Old Dementia Patient’s Account, Drains $125,000 via Checks, Debit Card Use and Wire Transfers: DOJ

A former employee of a billion-dollar lender faces decades in prison over the disappearance of thousands of dollars from an…

May 15, 2026

67,115 Americans Affected After Hackers Hit Healthcare Firm – Trove of Personal and Medical Data Now at Risk

A data security incident that targeted a Tennessee-based healthcare provider has compromised the sensitive personal information of 67,115 individuals. In…

May 14, 2026

$400,000,000 Seized From Crypto Ponzi Scheme Now Available To Compensate Victims, Says DOJ

The US Justice Department says funds are now available to compensate victims of the AirBit Club. Operators marketed the Ponzi…

May 14, 2026

Hacker Actively Laundering Stolen Crypto After Exploiting Liquidity Provider for $6,700,000: PeckShield

A hacker has started laundering digital assets that were part of the $6.7 million theft from the liquidity provider TrustedVolumes,…

May 13, 2026

Romance Scammer Drains $1,200,000+ From City Government’s Bank Account in Hundreds of Illicit Transactions: Report

A romance fraud scheme allegedly drained more than $1.3 million from a City of Norfolk bank account after victims were…

May 13, 2026

New Malware Builder Targets 700+ Banks Across the Globe, Allows Thieves To Steal Credentials and Take Over Accounts: Report

A new malware-as-a-service threat is targeting hundreds of banks around the world by giving cybercriminals tools to steal credentials and…

May 11, 2026

Wells Fargo Refuses To Reimburse Customer After Scammers Drain $3,300 From Her Account: Report

A Wells Fargo customer in Texas says the bank has refused to reimburse her after scammers drained $3,300 from her…

May 9, 2026

International Crackdown Takes Down Nine Crypto Investment Scam Centers, Leads to Arrest of 276 Individuals

Law enforcement authorities arrested at least 276 individuals following an international crackdown that targeted scam centers engaged in cryptocurrency investment…

May 8, 2026

Fraudsters Drain $522,000,000 From Medicare and Medicaid Through ‘Web of Sham Contracts, Lies, and Bribes’: DOJ

Two perpetrators of a fraudulent genetic testing and illegal kickback scheme that siphoned more than half a billion dollars have…

May 8, 2026