May 28, 2025

Crime

Investment

‘We need serious investment’ – West Midlands Police Chief joins stark warning as prisoners are released early

Chief Constable Craig Guildford is among six of the UK’s most senior police chiefs who say they needed a larger workforce and called for “serious investment”.  He joins Metropolitan Police commissioner Sir Mark Rowley, NPCC chairman Constable Gavin Stephens, and the chiefs of Merseyside, Greater Manchester and West Yorkshire police in citing the “increasing public

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Crypto

Another Crypto Investor Arrested in Connection to Bizarre Chainsaw Torture Episode

Yet another white-collar crypto investor has been arrested in connection to a bizarre and violent criminal case involving an Italian crypto millionaire. Last week, Michael Valentino Teofrasto Carturan, 28, reportedly broke loose from a ritzy apartment in Manhattan’s Nolita neighborhood and alerted a traffic agent to his imprisonment and torture at the home over a

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Crypto

Protecting Your Crypto Assets Before Scammers Strike

William Jones  |  Contributor Even in 2025, the FBI’s Internet Crime Complaint Center (IC3) receives more than 6,000 reports of crypto scams daily. If you’re reading this, it’s likely that you or someone close to you has fallen victim. With losses totaling tens of billions each year due to digital fraud, the prospect of recovering stolen

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Crypto

Crypto Investor Arrested After Being Accused of Kidnapping and Torturing Italian Tourist

A crypto investor from Kentucky was arrested in New York City this week after being accused of kidnapping and torturing an Italian tourist. John Woeltz, 37, was taken into custody after his alleged victim, a 28-year-old man, broke loose from Woeltz’s ritzy Nolita apartment and alerted a nearby traffic agent, telling them that he had

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Investment

Jail for man who siphoned more than S$12.5 million of investor funds through fake wine investment scheme

SINGAPORE: A man behind a multimillion-dollar wine investment scheme that caused investors to lose more than S$14 million (about US$10.9 million currently) was jailed for seven years and two months on Thursday (May 22) after being on the run for 13 years.  Eldric Ko, 51, was the CEO of Premium Liquid Assets (PLA), which he

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Crypto

Authorities Allege Scammers Stole $265,000,000 in Crypto To Buy Exotic Cars, Private Security and Other Luxuries

A New Zealand man has been arrested for allegedly being a part of an international criminal organization that stole $265 million in crypto assets from seven people. In a new press release, authorities allege that the unnamed Wellington man participated in a scheme that fraudulently obtained the crypto assets by manipulating victims between March and

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Funds

Founder of Clare nonprofit charged, accused of misusing state grant funds

CLARE, Mich. (WNEM) – The founder of a nonprofit in Clare was charged with multiple felonies related to his management of a grant awarded to his organization. The Michigan Attorney General’s Office said in 2023, the state budget included a $25 million appropriation for a “community health campus pilot project.” David Coker Jr., 51, of

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Investors

California attorney sentenced to prison for scamming investors out of $8.7 million to finance lavish lifestyle

A Newport Beach attorney who admitted that she swindled investors out of $8.7 million in order to bankroll her lavish lifestyle and high-rolling gambling habit was sentenced Monday, May 5 to one year and nine months in federal prison. A luxuriant lifestyle of high-end jewelry, luxury cars, a six-month stay at a opulent Las Vegas

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Funds

How is Karen Read paying her defense lawyers?

Before her second trial even began, accused murderer Karen Read told Vanity Fair she owed her attorneys more than $5 million in deferred fees. “If I can get the entire truth of this case out in the public forum, that, to me, is priceless,” the accused murderer told Vanity Fair. Read told Vanity Fair she’s living

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Finance

Ohio Influencer charged with fraud in Ponzi scheme

Con-artist who stole millions in Ponzi scheme sentenced to 18 years A globe-trotting con artist who defrauded 237 victims out of $24.5 million to fund a lavish lifestyle was sentenced to 18 years in federal prison. unbranded – Newsworthy Social media finance influencer Tyler Bossetti, 31, of Columbus, Ohio, faces federal charges for allegedly defrauding

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