Fraud

WASHINGTON, May 13, 2026 /PRNewswire/ — RCB Fund Services LLC (“RCB”), the Claims Administrator for the AirBit Victim Fund (the “AVF”) on behalf of the United States Department of Justice (“DOJ”), today announced the opening …

Deepfakes have shifted from a niche concern to a mass-market threat. May’s incidents show how consumer-grade tools now outpace any institutional response. The damage extends into crypto. Scammers leverage artificial intelligence (AI) to create …

The SEC has scrapped a civil case against the founder of BitClout. It comes one year after the Justice Department dismissed its case against the project. The SEC has scrapped a number of lawsuits …

In brief The Justice Department’s Fraud Section highlighted three major crypto-related prosecutions in its 2025 Year in Review, showcasing digital assets’ role in fraud schemes. Cases ranged from a $1 billion Medicare scam with …

In brief Five men aged between 21 and 37 were arrested on Oct. 1 on suspicion of conspiracy to commit fraud. Police say victims may have lost more than a million pounds (£1 million …

In brief Zhimin Qian defrauded over 128,000 individuals in a fake investment scheme, stealing $6.8 billion and converting it into Bitcoin. The UK government seized it from 2018 to 2021, after Qian entered the …