Attention crooks: Here’s how money laundering is getting harder We looked at the industries targeted by recent anti-money laundering measures that are making it more difficult to move shady money around the globe. Sam Klebanov 4.8.22 3:07 PM
Where Fast started to fall behind — the one-click checkout app showed problems as early as January Despite its relationship with payments king Stripe, Fast is reportedly having serious performance issues. Karen K. Ho 4.4.22 9:00 PM
Why a Hollywood producer wants $25 million from a couple after being branded a “pot Ponzi schemer” Guy Griffithe, the former president of Bridgegate Pictures Corp., says two investors engaged in a campaign of harassment and extortion against him. Christie Smythe 4.1.22 9:42 PM
A toilet paper CEO who drowned his company with an ill-fated expansion is now in even deeper sh*t A judge greenlit a bankruptcy trustee’s case against Jeffrey Schoen, potentially making him liable for tens of millions of dollars in damages. Christie Smythe 3.18.22 9:02 PM
How the FBI made its first NFT “rug pull” bust — just in time to save other would-be victims Despite efforts by the alleged Frostie scammers to cover their tracks, the FBI was able to track down two 20-year-olds now accused of taking over $1 million in profits. Zack Abrams 3.28.22 10:04 PM
The curious story of how CUSIP numbers became a Wall Street battleground CUSIP numbers are like a Dewey Decimal System for stocks and bonds. They’re also a source of illegal monopoly power, according to investor lawsuits. Doug Bailey 3.25.22 4:51 PM
VC “innovator” Alumni Ventures welcomed amateur investors — did it mislead them on fees? The firm reached a settlement with regulators over marketing materials that appeared to misrepresent how much it charged. Doug Bailey 3.14.22 3:47 PM
Made for Netflix scammers: 5 millennial fraudsters you wouldn’t believe if we made them up The true crime genre may most often focus on grisly murders, but the antics of these characters show why white collar crime can captivate us too. Abigail Rubenstein 3.7.22 5:45 PM