The German company’s share price has plunged 80 percent, and its longtime chief executive has resigned.
Tag: Frauds and Swindling
Former VW Executive Is Arrested in Croatia in Emissions Case
A former Audi manager faces extradition to the United States on charges that he was part of a conspiracy to evade clean air regulations.
The Pandemic Claims New Victims: Prestigious Medical Journals
Two major study retractions in one month have left researchers wondering if the peer review process is broken.
A Guide to Pandemic Scams, and What Not to Fall For
Fraudsters see opportunities to target us in these uncertain times. Here are their most popular schemes and how we can protect ourselves.
What Pandemic Scams Are People Falling For
Fraudsters see opportunities to target us in these uncertain times. Here are their most popular schemes and how we can protect ourselves.
California Man Pleads Guilty in $6 Million Art Fraud Case
Prosecutors said that Philip Righter forged documentation for fake paintings and used the artwork as collateral for loans.
Paris Court Convicts 6 in $50 Million Fake-Identity Scheme
The group used a silicone mask to impersonate a French defense minister in video calls, asking wealthy individuals and groups to pay millions for fake government operations.
Florida Doctor Bilked $26 Million From Health Insurers, Officials Say
Dr. Moses deGraft-Johnson, who told investigators he wanted to one day become president of Ghana, sent nearly $2 million to people or entities there, court records show.
Defense Minister Was on the Line, Asking for Millions to Aid France. Or Was He?
Seven men are on trial in Paris for a scam that netted over $50 million by impersonating France’s former defense minister and asking wealthy personalities to pay for fake, top-secret operations.
Africa’s Richest Woman Is Barred From Her Bank and Under Investigation
A trove of leaked documents showed how Isabel dos Santos, the daughter of Angola’s ex-president, exploited the country’s wealth to enrich herself.