Tag: Fraud

Vatican Tries Cardinal in Test of Pope’s Transparency Drive

VATICAN CITY—Cardinal Giovanni Becciu, once one of the most powerful men in the Vatican, went on trial Tuesday for embezzlement and other alleged crimes, as...

Covid-19 Vaccine Scams Hit India as Country Struggles With Immunizations

NEW DELHI—One morning in late May, hundreds of people from an upscale housing complex in a Mumbai suburb lined up to receive their first dose...

Homeopath Arrested for Fake COVID Immunization, Vaccine Card Scheme

A homeopathic doctor licensed in California was arrested yesterday and charged with a scheme to sell homeoprophylaxis immunization pellets and to falsify COVID-19 vaccination cards...

‘I Did Nothing Wrong:’ MDs Used Own Sperm for Fertility Patients

Martin D. Greenberg, MD, was sued in May for secretly using his own sperm to inseminate one of his infertility patients 38 years earlier. The...

Identity thief used burner phones and Apple Pay to buy diamond-encrusted bitcoin medallion — and actual bitcoin too

It was almost every kind of modern-day financial swindle rolled into one. The mastermind behind an elaborate stolen credit-card scam that used bitcoin, burner phones...

Vatican Indicts Cardinal, Nine Other People Over London Real-Estate Deal

ROME—The Vatican said it indicted Cardinal Giovanni Becciu and nine other people in connection with a costly investment in London real estate, the source of...

Opinion: John McAfee was one of the original genius-but-bizarre CEOs — and Elon Musk should take note

The fantastical story of antivirus-software entrepreneur John McAfee in his later years should be a cautionary tale to other genius CEOs, especially Elon Musk. McAfee,...

Biden administration cancels $500 million of student debt of scammed students

Roughly 18,000 borrowers who were scammed by their college will have their federal student loans discharged, amounting to approximately $500 million in relief, the Department...

Peru Faces Political Turmoil After Divisive Presidential Vote Is Disputed

LIMA, Peru—Nine days after a divisive presidential election, Latin America’s once-admired economic star, Peru, is grappling with political upheaval as the trailing candidate insists the...

Ob/gyn Sentenced to 59 Years for Unnecessary Surgeries, Fraud

A federal judge sentenced Javaid Perwaiz, MD, to 59 years in prison for healthcare fraud and performing unnecessary gynecologic and obstetrical procedures, including sterilizations without...

Pfizer’s next play: A vaccine maker and pandemic ‘partner’ to governments

Pfizer Inc.’s COVID-19 vaccine is on track to generate a whopping $26 billion in sales this year, making it the drug maker’s top-selling drug and...

Feds Investigating Telehealth Charges in Upsurge

With telehealth restrictions eased during the COVID-19 pandemic in an effort to limit potential exposure to the virus, virtual care has become more common and...

Humana Health Plan Overcharged Medicare by Nearly $200 Million

A Humana Inc. health plan for seniors in Florida improperly collected nearly $200 million in 2015 by overstating how sick some patients were, according to...

Have you been a victim of online fraud? Here are 5 safety tips to follow

NEW DELHI: During the prolonged lockdown last year, online transactions–UPI payments, card payments, mobile banking–helped life keep going. Thousands, if not millions, were took to...

Opinion: How to prevent fraud from ruining your retirement

It’s a costly problem. The Federal Trade Commission in 2020, for instance, said consumers lost $1.9 billion due to fraud in 2019. And in 2015,...

Three ways to identify a Ponzi scheme

NEW DELHI: Investors fall prey to Ponzi schemes regularly. Some months back, the Ahmedabad Police Detection of Crime Branch arrested three people running an online...

Philanthropy is a ‘PR scam,’ says CEO who raised his workers’ minimum pay to $70,000

He’s not buying what America’s billionaires are selling. The CEO known for increasing his employees’ base pay to $70,000 says wealthy people donating their money...

Trump pardons former adviser Steve Bannon, 142 others — but not himself

In his final hours in office, President Donald Trump granted pardons and commuted sentences for 143 people early Wednesday, including a pre-emptive pardon to former...

Imran Khan ‘biggest thief’, PTI foreign funding case biggest fraud: Maryam Nawaz

Islamabad: Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz Sharif on Tuesday lashed out at Prime Minister Imran Khan, calling him “the biggest thief” and...

Boeing to pay $2.5 billion to settle U.S. fraud charges over 737 Max

Boeing Co. has agreed to pay more than $2.5 billion in penalties, including nearly $1.8 billion in compensation for airlines, to resolve charges of misleading...

Trump’s Georgia call: Here’s the complete transcript

In a Saturday telephone call, President Donald Trump urged Georgia Secretary of State Brad Raffensperger to overturn President-elect Joe Biden’s victory in the state. Trump spent...

Physician Indicted for Selling Hydroxychloroquine as COVID Cure

Editor’s note: Find the latest COVID-19 news and guidance in Medscape’s Coronavirus Resource Center. Federal law enforcement officials have issued an eight-count indictment against a...

Luckin Coffee charged with fraud, to pay $180 million in settlement, SEC says

U.S. securities regulators on Wednesday charged Luckin Coffee Inc. with accounting fraud, alleging that the company, a major Starbucks Corp. competitor in China, fabricated sales...

Electoral College anoints Joe Biden as president-elect amid threats of violence and Trump protests

The Electoral College formally declared Joe Biden president-elect Monday, after California cast its 55 votes for the former vice president and put him beyond the...

Trump says he will leave White House if Electoral College affirms Biden win, which he says would be a ‘mistake’

President Donald Trump speaks with reporters after participating in a video teleconference call with members of the military on Thursday at the White House in...