March 2025

Federal law enforcement in Chicago cracking down on a $214 million pump and dump investment fraud scheme.

Federal Law Enforcement in Chicago Seizes $214 Million in Alleged “Pump and Dump” Investment Fraud

Federal Law Enforcement Cracks Down on $214 Million “Pump and Dump” Scheme in Chicago: Seven Individuals Indicted in Connection with China Liberal Education Holdings Fraud Chicago, IL – March 21, 2025 – In a significant victory for federal law enforcement

Federal Law Enforcement in Chicago Seizes $214 Million in Alleged “Pump and Dump” Investment Fraud Read More »

A guide to preventing financial fraud, including banking scams, credit card fraud, investment scams, and online phishing attacks.

Comprehensive Financial Fraud Prevention & Detection: A Guide to Protecting Yourself and Your Business

The intentional misrepresentation of information or identity to deceive others for financial gain stands as a pervasive and ever-evolving threat in the contemporary world [1, 2]. This deception can manifest in numerous ways, ranging from the unauthorized use of payment

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Garantex crypto exchange seized domain notice displayed by law enforcement.

Garantex Crypto Exchange Takedown: $96 Billion Money Laundering Network Dismantled in US-Led International Operation

Global Crypto Crackdown: $96 Billion Exchange Garantex Neutralized in International Law Enforcement Action In a landmark coordinated effort, law enforcement agencies from the United States, Germany, and Finland have successfully dismantled the online infrastructure of Garantex, a significant cryptocurrency exchange

Garantex Crypto Exchange Takedown: $96 Billion Money Laundering Network Dismantled in US-Led International Operation Read More »

Matthew C. Browndorf, a California lawyer, sentenced to prison for wire fraud and money laundering after stealing over $2.4 million from client IOLTA accounts.

California Lawyer Gets 5+ Years in Federal Prison for $2.4 Million Client Fund Theft: A Case of Wire Fraud, Money Laundering, and Luxury Spending

Matthew C. Browndorf, a 54-year-old California lawyer, has been sentenced to more than five years in federal prison for a brazen scheme that saw him siphon over $2.4 million from his clients’ trust accounts. The funds, meant to be held

California Lawyer Gets 5+ Years in Federal Prison for $2.4 Million Client Fund Theft: A Case of Wire Fraud, Money Laundering, and Luxury Spending Read More »

Gavel and medical symbol over a map of South Carolina, North Carolina, and Florida, representing a healthcare fraud settlement.

Multi-State Healthcare Fraud Settlement: Doctors, Labs, and Marketers Pay $1.9M in Kickback Scheme

COLUMBIA, S.C. – In a significant crackdown on healthcare fraud, a multi-state settlement has been reached, resulting in over $1.9 million in payments from medical professionals and related entities. The Department of Justice announced that Gerald Congdon, M.D., of Pawleys

Multi-State Healthcare Fraud Settlement: Doctors, Labs, and Marketers Pay $1.9M in Kickback Scheme Read More »

Silhouette of a hacker surrounded by a glowing red network web connecting to icons representing U.S. government agencies, technology companies, and other targets, subtly suggesting Chinese state-sponsored cyber espionage.

U.S. Cracks Down on Chinese Cyber Espionage: Seizes Domains, VPS, and Sanctions Hackers Linked to Treasury Breach

WASHINGTON D.C. – In a decisive move against state-sponsored cyber threats, the U.S. Department of Justice (DOJ) has unsealed indictments against Chinese nationals Yin Kecheng (尹 可成), 38, and Zhou Shuai (周帅), 45, exposing a years-long, sophisticated hacking campaign targeting

U.S. Cracks Down on Chinese Cyber Espionage: Seizes Domains, VPS, and Sanctions Hackers Linked to Treasury Breach Read More »