Scammers have utilised a fake event stream, a faked Apple website and the promise of free Bitcoin to scam unsuspecting fans during the iPhone 13 reveal event, the media reported.

The U.S. Department of Justice announced Wednesday that Stefan He Qin, the founder of two cryptocurrency-focused hedge funds who pled guilty to securities fraud in February, has been sentenced to 90 months in prison for his actions.

A federal grand jury charged Nikola founder Trevor Milton with three counts of criminal fraud for lying about “nearly all aspects of the business” to bolster stock sales of the electric vehicle start-up, according to an indictment unsealed Thursday.

A Montreal-based marketing firm is at the heart of a scheme involving a massive network of streaming websites that has scammed thousands of internet users out small amounts totalling hundreds of millions of dollars with promises of free unlimited access to premium content that they do not offer, a Radio-Canada investigation has found.

A D. C. pastor used loans meant for COVID pandemic relief to buy a Tesla and a property in Baltimore, according to U. S. Attorney's Office for the District of Maryland. Rudolph Brooks Jr. , of Cheltenham, Maryland, known as the pastor at Kingdom Tabernacle of Restoration Ministries, faces a federal charge for wire fraud. Federal authorities have also seized $2. 2 million from his various bank accounts, along with a 2018 Tesla Model 3.

Embattled electric truck start-up Nikola has admitted its ousted founder and chairman, Trevor Milton, made several inaccurate statements from 2016 through the company’s IPO last year that misled investors. The company highlighted nine comments by Milton from July 2016 through July 2020 that were “inaccurate in whole or in part, when made,” according to its annual filing Thursday to the Securities and Exchange Commission.

General Motors and Nikola are not expected to finalize a $2 billion deal scheduled to close before Wednesday after allegations of fraud and sexual abuse surfaced against the embattled start-up’s founder and former executive chairman, Trevor Milton, according to two people familiar with the negotiations.

The New York Times just published one of the most important stories of the past five years.

Nikola isn't a new name in the automotive field. For years now, the startup has promised to change the world with fuel cell- and electric-powered semi trucks, and in recent months, investors bought in as the search for the next Tesla heats up. After years of it hyping proprietary technology such as "game-changing" battery tech, cheap hydrogen fuel and more, a new report alleges that the company has never had much at all.

Theodore Robert Wright III carried out one of the boldest insurance fraud schemes Texas has ever seen. That was only the half of it.

The 3M corporation has filed suit against a third-party Amazon seller called KMJ Trading Inc, which allegedly sold more than $350,000 worth of N95 respirator masks, as first reported by The Wall Street Journal. The products were listed for as much as $23 per mask — a huge markup from the list price of $1.27.

DALLAS (AP) — A Texas radio host and financial consultant who admitted to conning elderly listeners out of millions of dollars in a Ponzi scheme was sentenced to 25 years in prison.

The bank reached a settlement with federal prosecutors and the Securities and Exchange Commission after abusing customers.

Ontario Provincial Police received a report from a teenager who was upset that he got scammed when he tried to purchase a fake ID online, reported Global News, a division of Canada's Global Television Network.

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But if your neck hurts after hours of looking down at it, you might want to lie down on a pillow for a bit. By Kristina Killgrove.

Detailed analysis of misconduct investigations into huge research fraud suggests institutional probes aren’t rigorous enough. By Holly Else.

Jeremy Wilson spent years crisscrossing the country and inventing new identities. A war hero, an MIT grad, a Hollywood journalist, an IRA operative—Jeremy has claimed to be all those things and more. And oh, what a mess he's made. By Guy Lawson.

For years, the clients of a Colorado funeral home kept their loved ones’ cremated remains. Then the FBI called. By Elena Saavedra Buckley.

The planes have had several previously unreported ‘category 1’ flaws—military parlance for issues that can prevent a pilot from accomplishing their mission. By David Axe.