fraud

Kevin Hart, Jimmy Fallon and Madonna named in class action lawsuit alleging fraud 'scheme' with Bored Ape Yacht Club NFT

Kevin Hart, Jimmy Fallon and Madonna named in class action lawsuit alleging fraud ‘scheme’ with Bored Ape Yacht Club NFT

A class action lawsuit alleges that stakeholders of Yuga Labs, the parent company of the NFT series Bored Ape Yacht Club and its affiliated digital products, engaged in a conspiracy with celebrities to defraud potential investors. In the lawsuit, filed Dec. 8 in federal district court in Los Angeles, Yuga’s partners — including veteran music …

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Federal prosecutors ask judge to postpone SEC case in alleged fraud at New Jersey deli stocks

Federal prosecutors ask judge to postpone SEC case in alleged fraud at New Jersey deli stocks

Hometown Deli, Paulsboro, NJ Mike Calia | CNBC Federal prosecutors in New Jersey want the Securities and Exchange Commission to defer their civil case against the alleged masterminds behind a $100 million fraud scheme involving a small-town deli so it doesn’t hamper their criminal case in Classes. New Jersey district attorneys filed a motion on …

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FTX founder Sam Bankman-Fried says he ‘screwed up’ but didn’t commit fraud

“Look, I messed up,” disgraced crypto billionaire Sam Bankman-Fried said Wednesday at a conference in New York, but he claimed he “never tried to commit fraud” and that he had been “shocked” by the collapse of his businesses. Bankman-Fried, glassy-eyed and visibly shaking at times, appeared via video conference from some nondescript room in the …

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Elizabeth Holmes sentenced to more than 11 years in prison for fraud |  CNN Business

Elizabeth Holmes sentenced to more than 11 years in prison for fraud | CNN Business

CNN — Elizabeth Holmes was sentenced to more than 11 years in prison on Friday following her conviction in January for defrauding investors while running the failed blood testing startup Theranos. Judge Edward Davila imposed a sentence of 11 years and three months in prison, with a further three years of supervision after Holmes’ release. …

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