Corporate Fraud
- Las Vegas businessman gets 50 years prison in $1.5 bln Ponzi scheme newEdwin Fujinaga, 72, the former chief executive of MRI International Inc, was sentenced by Chief Judge Gloria Navarro of the Nevada federal court, following his conviction last November on 20 counts of mail fraud, wire fraud and money laundering. Fujinaga was also ordered to forfeit $813.3 million and make $1.13 billion of restitution, according to…
- UPDATE 2-Four arrested as UK, Dutch authorities launch joint biodiesel investigation*Four arrested, raids in UK, Netherlands, Belgium. LONDON, May 16- Four people were arrested and addresses raided in Britain, the Netherlands and Belgium in a joint Anglo-Dutch investigation into biodiesel trading at British road fuel supplier Greenergy, the UK's Serious Fraud Office said on Thursday. When asked about the SFO-Dutch inquiry, Varo Energy, a European...
- UPDATE 1-Four arrested as UK, Dutch authorities launch joint biodiesel investigationLONDON, May 16- Four people were arrested and addresses raided in Britain, the Netherlands and Belgium in a joint British and Dutch investigation into biodiesel trading at UK road fuel supplier Greenergy, the UK Serious Fraud Office said on Thursday. The SFO said the individuals had been released without charge and that five British sites…
- Ex-Autonomy CFO sentenced in the US to 5 years in prison over Hewlett-Packard fraudSushovan Hussain, 55, was also fined $4 million and ordered to forfeit $6.1 million by U.S. District Judge Charles Breyer in San Francisco.
- UPDATE 2-Ex-Autonomy CFO sentenced in U.S. to 5 years prison over Hewlett-Packard fraudSushovan Hussain, 55, was also fined $4 million and ordered to forfeit $6.1 million by U.S. District Judge Charles Breyer in San Francisco. Hussain and former Autonomy Chief Executive Mike Lynch are also defendants in a $5 billion civil fraud trial in London's High Court, where Hewlett-Packard claimed they caused it to overpay for Autonomy…
- UPDATE 1-French watchdog investigates potential nuclear safety fraudPARIS, May 13- French nuclear regulator ASN said it had launched an investigation into elements of fraud and falsification regarding nuclear safety, after receiving several warnings from whistleblowers. Last November, the ASN launched a website where the public can highlight irregularities regarding nuclear safety, which followed a 2016 scandal over...
Ecommerce Fraud
Texas Passes Grid Protection Bills to Enhance Cybersecurity newTexas passed two grid protection bills -- Senate Bill 475 and Senate Bill 936 -- to boost cybersecurity monitoring and best practices. 
More than 257 Million Individuals Affected by Security Breaches newMore than 257 million individuals were affected by security breaches over the past three years, according to a new report. 
Security for Houses of Worship and Faith-Based Organizations Announced newActing Secretary of Homeland Security Kevin K. McAleenan announced a new HSAC tasking that is focused on the security and resiliency of houses of worship and faith-based organizations across the country.
Facial Recognition Case Begins in Cardiff, Wales newThe first major legal challenge to police use of automated facial recognition surveillance has begun in Cardiff, Wales, according to a news report. 
(ISC)²'s Cybersecurity Certifications are Now Recognized by the IAF new(ISC)² announces that all nine of its cybersecurity certifications are now recognized by the International Accreditation Forum (IAF).
Don’t Overlook LinkedIn as a Corporate Security Risk newSocial media platforms such as Facebook, Twitter, Instagram, as well as specialized social networks and encrypted messaging apps have come under attack for facilitating violent extremism and serving as violent ideology laboratories
Online Fraud
The scandal that should force us to reconsider wellness advice from influencers newLifestyle gurus define themselves in opposition to experts — but can we really trust what they tell us?
How cryptocurrency scams workCryptocurrency fraudsters have swindled their victims out of hundreds of millions – even billions – of dollars. What do they do to earn people's trust and then take their money?
From catfish to romance fraud, how to avoid getting caught in any online scamWhether you're caught by a catfish or an online romance scammer, both use similar techniques to play with your emotions.
$35K recovered after online scammers attempt to launder cash through victim: Victoria policePolice say they have identified victims of the scam around North America, while the money was being kept in an account in India.
Scams
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