Predictably, Sam Bankman-Fried’s fraud conviction appeal has been denied There’s still the possibility of that Trump pardon. By Lawrence Bonk June 12, 2026 Michael M. Santiago/Getty Images A federal appeals court has upheld the fraud conviction of FTX founder Sam Bankman-Fried, according to Reuters. Bankman-Fried was convicted of running one of the largest financial frauds … Continue reading Predictably, Sam Bankman-Fried’s fraud conviction appeal has been denied
Justice Department contractor sentenced after gambling away government phone fraud proceeds Suswati Basu A former Department of Justice contractor who admitted stealing and reselling thousands of government-issued cell phones was sentenced Tuesday to a little more than a year in federal prison after prosecutors said he blew much of the money on gambling. … Continue reading Justice Department contractor sentenced after gambling away government phone fraud proceeds
Federal casino fraud indictment targets Sacramento man over fake cannabis investment Suswati Basu Federal prosecutors say a Sacramento man collected more than $ 500,000 through a bogus cannabis investment operation that targeted people he met while socializing at casinos, bars and restaurants across California. A federal grand jury indicted 49-year-old Keinyatey Deboros Chambers … Continue reading Federal casino fraud indictment targets Sacramento man over fake cannabis investment
BetMGM phases out credit cards after fraud probe in Pennsylvania state Suswati Basu Regulators in Pennsylvania have signed off on a settlement with BetMGM after uncovering a series of fraud-related failures tied to how the company verified its customers. The agreement, approved March 25, comes with financial penalties and the removal of credit … Continue reading BetMGM phases out credit cards after fraud probe in Pennsylvania state
Pennsylvania regulator fines BetMGM over weak fraud detection controls Paul McNally Pennsylvania gaming regulators have levied a $ 100,000 fine against BetMGM after concluding the company did not have strong enough safeguards in place to prevent fraud on its online betting platforms. The penalty was approved during the board’s public meeting on March … Continue reading Pennsylvania regulator fines BetMGM over weak fraud detection controls
Former Eastville officer gets three years for elaborate inheritance gambling scam fraud Suswati Basu A former police officer from Eastville, Virginia, is headed to federal prison after admitting he conned friends, coworkers and neighbors out of hundreds of thousands of dollars with a story about a nonexistent inheritance to fund a gambling addiction. … Continue reading Former Eastville officer gets three years for elaborate inheritance gambling scam fraud
Harwich man admits laundering $12K in romance fraud fueling gambling spiral Suswati Basu A Harwich man has admitted laundering more than £9,000 in a romance fraud that not only drained his victim’s savings but also pushed him into compulsive gambling and a spiral of depression. Adam Mowle, 34, of Larksfield Crescent in Essex, … Continue reading Harwich man admits laundering $12K in romance fraud fueling gambling spiral
Lakeland tax preparer sentenced for gambling-related federal tax fraud Rachael Davies Suswati Basu Fraudulent Lakeland tax preparer Jeffrey Dixon, who used falsified gambling winnings and losses to defraud the IRS, has been sentenced to four years and nine months in federal prison after pleading guilty last summer. The Florida local pleaded … Continue reading Lakeland tax preparer sentenced for gambling-related federal tax fraud
Former NHS manager jailed for £123,000 gambling fraud Brian-Damien Morgan Suswati Basu A former senior UK National Health Service (NHS) manager has been sentenced for syphoning £123,000 ($ 166,000) in funds for personal use, including gambling. According to the Crown Prosecution Service (CPS), the man, Alec Gandy, pleaded guilty to abuse of … Continue reading Former NHS manager jailed for £123,000 gambling fraud
Despite major strides, gaps in combating ad fraud remain. Learn how emerging transparency tools can drive even greater protection. Angelina Eng on February 10, 2025 Ad fraud remains a persistent challenge in digital advertising, siphoning billions from marketers and undermining trust in the ecosystem. While industry efforts are making significant strides in reducing fraudulent … Continue reading How to tackle ad fraud in 2025
