In a significant legal development, a U.S. judge has ruled that Elon Musk must confront a lawsuit alleging he deceived former Twitter shareholders by failing to promptly disclose his investment in the social media platform.

Elon Musk to face fraud lawsuit over delayed Twitter stake disclosure 

A Spanish prosecutor has lodged a second tax claim against Colombian singer Shakira, accusing her of defrauding the state of 6.6 million euros ($7.0 million) in 2018, according to a request to the investigating court seen on Tuesday.

Shakira owes $7 Mln in second Spanish tax fraud case: Prosecutor

Convicted murderer Alex Murdaugh on Thursday (September 21) pleaded guilty to nearly two dozen fraud and money laundering charges in a federal court in Charleston, making it the first time he had accepted responsibility for his crimes.

Crying Murdaugh pleads guilty on 22 counts of fraud and money laundering charges

A US District Court has sentenced two Indian nationals to 41 months in prison for committing wire fraud and illegally obtaining $1.2 million from victims across the United States.

US federal court sentences two Indian nationals to 41 months in prison for robocall scam

Financial frauds accounted for over 75 per cent of cyber crimes in the country from January 2020 till June 2023, with nearly 50 per cent cases related to UPI and internet banking, according to a new study by an IIT Kanpur-incubated start-up.

Financial frauds accounted for over 75% cyber crimes since 2020: Study

After two and a half years, Sanjeev Gupta, whose business GFG alliance is the subject of a fraud and money-laundering investigation, has returned to the United Kingdom. Bloomberg sources say Gupta, who now resides in Dubai, is visiting the UK to see a sick relative and attend business meetings.

Sanjeev Gupta returns to the UK amid GFG fraud investigation

Hindenburg research has revealed a new target, Freedom Holding Corp, a retail brokerage business.

Hindenburg accuses Freedom Holding Corp of fraud

A Boston woman, aged 32, is facing criminal charges after being accused of impersonating a student and attending three different high schools in the Boston Public Schools system.

Boston woman charged with fraud for masquerading as student and attending three high schools

The United States has reportedly lost more than 200 billion dollars to fraud during the covid-19 pandemic. The money was originally meant to help small businesses make it through the tough times during lockdown. A report was issued by the US government watchdog on Tuesday uncovering details of the fraud.

US loses $200bn in COVID-19 loan fraud

A joint operation by Delhi Police, the Federal Bureau of Investigation (FBI), and Interpol busted a call centre gang operating from India which scammed US citizens out of $20 million by impersonating a high-ranking officer from the US Drugs Enforcement Administration (DEA), according to Delhi Police.

Delhi Police, FBI bust call centre scam which conned US citizens of $20 million

A mobile store owner from Maharashtra's Thane district who lost Rs 36 lakh (US$43,953) in a cryptocurrency fraud more than a year ago has recovered all of his money after the police solved the case and found that a Chinese national was responsible for the wrongdoing.

Case cracked: Man gets back $43K (Rs 36 lakh) lost in crypto fraud. Here’s how

An online fraud scheme run via WhatsApp link and a fraudulent app fuelled by a rumours promising substantial profits from buying virtual animals, like pigs, ducks etc.

Explained | ‘Smile Rancher’ makes people cry. All you need to know about the latest online scam

A scammer impersonating as a Maharashtra narcotics division employee scammed a Delhi doctor into paying Rs 4.47 crore ($ 548K). The scamster told the 34-year-old woman that a huge amount of MDMA drug had been discovered in a FedEx delivery associated with her.

Delhi’s ‘biggest cyber fraud’: Doctor duped of Rs 4.5 crore ($548K) via Skype calls

If you are getting missed calls, messages or calls on WhatsApp from numbers starting with +254, +84, +63 or other international numbers out of the blue, then beware of the most recent scam that is making headlines.

Beware! Getting random calls on WhatsApp from international numbers? Don't respond

George Santos, a newly elected Republican who has defied calls to resign for fabricating his resume, was detained on federal accusations of fraud, money laundering, and theft of public funds on Wednesday.

US Rep George Santos arrested on fraud, money laundering charges

The divorce proceedings between Paris Saint-Germain (PSG) striker Achraf Hakimi and actress Hiba Abouk took a shocking turn when the latter discovered that the former Real Madrid footballer's entire fortune was in his mother's name.

Achraf Hakimi's wife Hiba Abouk demands WHOPPING amount in divorce lawsuit

If you use Netflix, we warn you to be on the lookout for cybercriminals who are attempting to steal your bank account information. As for how the online con artists are tricking consumers, it all begins with a fake email.

Scammers using Netflix's branding to deceive users

Once known as the king of crypto, American entrepreneur, investor and now - an "alleged" fraudster. Sam Bankman-Fried. You all would know about the rise and collapse of FTX. But how deep does this fraud run? And how deep is the damage, really? We untangle this for you in this episode.

FTX collapse: How deep does the damage run? | Untangled

An Indian national who posed as a fraud prevention specialist and defrauded senior citizens in the United States was given a 33-month prison term and was charged $2.

Indian posing as fraud prevention specialist dupes many US elderly, gets 33 months prison term

Jack Dorsey's firm block said that it is exploring legal action against Hindenburg research after the U.S firm published a report alleging the payments company facilitated.

After Adani Saga, Hindenburg alleges block engaged in fraud

As technology evolves and advances, scammers continue to discover ways to cheat people out of money. One latest scam that is duping telecom companies out of billions of dollars is the SIM box fraud.

SIM box fraud costs telecom sector $3 billion. Here's what it is

The Adani-Hindenburg saga still continues. This time around, the allegation of fraud in Adani's Australian firm has surfaced. Hindenburg report questions 3 transactions.

Adani Australia controversy: Allegation of fraud in Adani's Australia firm

Former US Secretary of State Mike Pompeo, in his new book, called former Afghanistan President Ashraf Ghani “a total fraud” who was only focused on staying in power, acted as a hurdle in peace talks and finally fled from the country when the Taliban came to power in Afghanistan.

Pompeo calls ex-Afghan President Ashraf Ghani 'a total fraud' in his book

Elon Musk is on trial this week for potential fraud after tweeting in 2018 that he was poised to take Tesla private. In a federal courtroom in San Francisco, where Tesla CEO Musk was scheduled to be one of those summoned to testify, the selection of jurors who would evaluate the evidence began.

Elon Musk's Tesla trial for alleged fraud over ‘funding secured’ tweet begins

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