Search Results for: Fraud
Alert: High Bitcoin prices inspire a wave of scams
March 24th, 2017
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
E-commerce: EU-wide rules to protect consumers better and stop rogue traders
March 23rd, 2017
New powers for national authorities to check whether e-commerce websites geo-block consumers, track down rogue traders or even, subject to safeguards inserted by MEPs, order that websites hosting scams be shut down, were approved by the Internal Market and ...
More than 64,000 drivers are now intending to sue Volkswagen on dieselgate
March 22nd, 2017
Lawyers are aiming to win back thousands of pounds in compensation for buyers VW fitted cheating software in 11million cars sold worldwide, which meant they produced fewer toxic gases in tests, but were actually much more polluting VW ...
Early Forex Market Wrap; What to read
March 22nd, 2017
Early Forex Market Wrap: Spain to take measures for Forex and CFDs trading; $6.5 Million penalty in Binary Options fraud case; Yen stretches rally This is an early morning Forex market wrap for the Forex trading industry. A review ...
Bitcoin is back above $1,000 after plunging below $950 over the weekend
March 20th, 2017
Bitcoin rose back over $1,000 last night after it lost nearly a fifth of its value over the weekend. The cryptocurrency fell to a low of $943.06 over the weekend as a split in its developer community threatened its ...
Binary options staff fired as company exits Israel
March 20th, 2017
Two traders earning NIS 45,000 and NIS 63,000 per month were dismissed without severance pay when G.M. Media Software left for Georgia. N, a 23 year-old young man worked over the past year at G.M. Media Software Solutions, marketing ...
IBM Goes Live With First Commercial Blockchains
March 20th, 2017
Tech giant IBM is set to unveil what it’s calling the first “commercial application” of Hyperledger’s open-source Fabric codebase. Previously released in beta and scheduled for official release today, the offering – dubbed “IBM Blockchain” – is formally debuting in front ...
FINRA warns for Binary Options Follow-Up Schemes
March 18th, 2017
The Financial Industry Regulatory Authority (FINRA) today issued an Investor Alert warning anyone involved in binary options trading through unregistered non-U.S. companies to be on guard for a one-two punch: losses followed up by potentially fraudulent pitches to help ...
Does the CPA Profession Fall Short on Ethics?
March 15th, 2017
More than a decade ago, shortly before news broke of the accounting scandals at Enron, WorldCom, and other industry majors, about 600 CPAs participated in a survey about ethics in a variety of businesses and organizations. Perhaps unsurprisingly, the ...
