As bodies were recovered, the authorities and experts wondered how a $40 million, stable and secure vessel could have sunk so quickly.
Tag: Frauds and Swindling
Russia Arrests Top Military Officer, Artyom Gorodilov, on Corruption Charges
Col. Artyom Gorodilov, who oversaw forces occupying the Ukrainian city where a massacre took place, was arrested and accused of large-scale fraud.
Vietnamese Real Estate Tycoon Sentenced to Death in $12 Billion Fraud Case
Truong My Lan received the death penalty as Vietnam’s Communist Party cracks down on corruption in the fast-growing Southeast Asian economic hub.
The Government’s Struggles With Outsourcing Software Development
The bloated cost of the ArriveCAN app and new investigations into possible fraud have highlighted some problems with turning to outside companies.
A Mexican Drug Cartel Targets Retirees and Their Timeshares
One of Mexico’s most violent criminal groups, Jalisco New Generation, runs call centers that offer to buy retirees’ vacation properties. Then, it empties its victims’ bank accounts.
68,000 Gallons of ‘Unfit’ Olive Oil Seized by Italy and Spain
Officials in Europe, where a majority of the world’s olive oil is produced, charged 11 people with selling adulterated oil not suitable for consumption.
Reading List: Scams and Scammers
Sam Bankman-Fried’s conviction reminds us of the real talent behind the schemes — knowing what people yearn for.
The Places That Sam Bankman-Fried Left Behind
Before his FTX crypto exchange imploded and he went on trial for fraud, Mr. Bankman-Fried ran a global business empire spanning Berkeley, Calif., Hong Kong and the Bahamas.
The Online Scam Industry Is Thriving. Cambodia Plays a Key Role.
Gangs in Cambodia have compelled thousands of captives to defraud unsuspecting victims. Because of political connections, no one is stopping them.
Zimbabwe’s Neighbors Cast Doubt on Elections That Gave Mnangagwa the Win
The main regional bloc in southern Africa and the African Union declined to rubber stamp the elections and cast doubt on a vote that led to President Emmerson Mnangagwa’s re-election.