Ex FTC Executive Singh Spared Prison for Role in Crypto Fraud

Ex-FTC Executive Singh Spared Prison for Role in Crypto Fraud

The former chief engineer at FTX cooperated extensively with prosecutors in their case against founder Sam Bankman-Fried.

Business - Inc. - October 30

Sam Bankman-Fried’s ex-deputy Nishad Singh spared prison time over crypto fraud

Former FTX executive who shared Bahamas penthouse with Bankman-Fried pleaded guilty to six felony counts. The former cryptocurrency executive Nishad Singh, who once shared a $35m Bahamas penthouse ...

World - The Guardian - October 30

FTX’s engineering chief Nishad Singh spared prison time in fraud case

Coder was one of several members of Sam Bankman-Fried’s inner circle to testify against their former boss at trial

Business - Financial Times - October 30

FTX's Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud

Nishad Singh was the fourth former FTX executive to be handed a punishment tied to the collapse of the crypto exchange in late 2022.

Business - CNBC - October 30

FTX co-founder Gary Wang avoids prison time for role in crypto fraud

Gary Wang was the fifth former FTX executive to be handed a punishment for his role in the collapse of the crypto exchange in late 2022.

Business - CNBC - Yesterday

Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation

Mr. Singh, who was a top executive in Sam Bankman-Fried’s business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.

Business - The New York Times - November 1

FTX co-founder Gary Wang receives no prison sentence for crypto fraud

Prosecutors hailed ‘first FTX cooperator to come in the door’, helping put away Sam Bankman-Fried for decades. An apologetic FTX co-founder was sentenced on Wednesday to no time in prison after a ...

World - The Guardian - Yesterday

Why Tesla, crypto and prisons are Trump trade winners

As the dust settles on a post-election stock market rally, some firms have already gained.

Former Wall Street investor sentenced to prison over massive fraud

Hwang was found guilty of fraud in a case that cost Wall Street banks billions of dollars in losses.

Number of older adults who lost $100,000 or more to fraud has tripled since 2020, FTC says

Adults age 60 and older are especially devastated by big fraud losses because they have less scope to recover those funds.

Business - CNBC - 3 days ago

Number of older adults who lost $100,000 or more to fraud has tripled since 2020, FTC says

The number of older Americans who report losing more than $100,000 to fraud in a given year has more than tripled since 2020, according to the Federal Trade Commission, a trend that experts say ...

How a Binance Employee Strained the Relationship Between the U.S. and Nigeria

The United States and Nigeria often collaborate. But the arrest of an American worker strained their diplomatic relations.

Business - The New York Times - October 24

Archegos' Bill Hwang sentenced to 18 years in prison for massive U.S. fraud

Former billionaire investor Sung Kook “Bill” Hwang was sentenced to 18 years in prison on Wednesday over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10 ...

Should we allow prisoners on death row to volunteer for execution?

A gruesome crime, a cruel penalty. Some might think justice was done. But was it?

Politics - The Hill - October 28

Prisoner who lived in U.S. executed in Iran over disputed charges

Jamshid Shamahd was one of several Iranian dissidents abroad in recent years either tricked or kidnapped back to Iran.

Germany recalls ambassador from Iran as it protests the execution of an Iranian German prisoner

Germany has protested to Iran over the execution of Iranian German prisoner Jamshid Sharmahd, who was kidnapped in Dubai in 2020 by Iranian security forces

World - ABC News - October 29

Gary Wang, a Top FTX Executive, Is Given No Prison Time

Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.

Tech - The New York Times - Yesterday

Gary Wang, a Top FTX Executive, Is Given No Prison Time

Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.

Business - The New York Times - Yesterday

'Bob’s Burgers' actor sentenced to 1 year in prison for Jan. 6 role

An actor known for roles in the animated series “Bob’s Burgers” and “Arrested Development” was sentenced Monday to a year and one day in prison for his connection with the Jan. 6, 2021, Capitol ...

Politics - The Hill - October 28

'Bob's Burgers' actor sentenced to 1 year in prison for role in Capitol riot

An actor known for his roles in the television comedies “Bob’s Burgers” and “Arrested Development” has been sentenced to one year in prison for his part in a mob’s attack on the U.S. Capitol nearly ...

Entertainment - ABC News - October 28

Ex-FTX Tech Chief Builds Fraud Detection Tool for Prosecutors

Gary Wang, FTX’s former chief technology officer, will be sentenced next week for his role in the crypto firm’s collapse. His efforts may keep him out of prison.

Business - Inc. - November 14

Key witness is Germany's 'cum-ex' tax fraud scandal goes on trial

World - Yahoo News - 10 hours ago

Ikea to pay €6mn to compensate for forced labour by ex-prisoners in East Germany

Political and other prisoners were made to work producing furniture for the retailer from 1960 until 1990

Business - Financial Times - October 30

Ex-soldier Khalife changes plea and admits prison escape

He remains on trial at Woolwich Crown Court on three other charges.

Major bitcoin hacker Lichtenstein gets five years in prison for crypto laundering scheme

The value of the bitcoin stolen by hacker Ilya Lichstenstein from Bitfinex in 2016 is worth more than $10 billion now.

Business - CNBC - 6 days ago

A Singapore oil magnate faces prison in a major fraud case over financing trade

A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub

World - ABC News - 3 days ago

NBA YoungBoy pleads guilty to role in Utah prescription fraud ring, avoids jail time

Rapper NBA YoungBoy dodges jail time after he pleads guilty to multiple charges tied to his role in a large-scale prescription drug fraud scheme in Utah.

Entertainment - Los Angeles Times - 2 days ago

Iranian-German prisoner Jamshid Sharmahd, who lived in US, executed in Iran over terror conviction

Iranian-German prisoner Jamshid Sharmahd, who was kidnapped in Dubai in 2020 by Iranian security forces, has been executed in Iran

World - ABC News - October 28

Iranian-German prisoner Jamshid Sharmahd, who previously lived in the US, is executed in Iran over a terror conviction

World - ABC News - October 28

All 3 Iranian Consulates in Germany ordered shut after execution of Iranian German prisoner

Germany has ordered the closure of all three Iranian Consulates in the country in response to the execution of Iranian German prisoner Jamshid Sharmahd, who lived in the United States and was ...

World - ABC News - October 31

Germany orders 3 Iranian consulates shut in response to the execution of Iranian-German prisoner Jamshid Sharmahd

World - ABC News - October 31

An Iran official claims Iranian-German prisoner died before he could be executed

An Iranian official has claimed that Iranian-German prisoner Jamshid Sharmahd died before Tehran execute him

World - ABC News - November 5

'Bob's Burgers' voice actor Jay Johnston gets a year in prison for role in Jan. 6

Former actor on the cartoon "Bob's Burgers" who was convicted for his role in the Jan. 6, 2021, riot at the U.S. Capitol was sentenced Monday to a year in prison.

1 year in prison for "Bob's Burgers" actor Jay Johnston for role in Jan. 6 Capitol riot

A judge said Johnston failed to show remorse for his actions.

'Bob's Burgers' actor Jay Johnston sentenced to a year in prison for role in Jan. 6

Jay Johnston, an actor known for 'Bob's Burgers' and 'Arrested Development,' gets a year in prison for his part in the Jan. 6 mob attack on the U.S. Capitol.

Entertainment - Los Angeles Times - October 29

Another bettor pleads guilty to wire fraud in gambling scheme involving ex-Raptors player Jontay Porter

Porter has been banned from the NBA for life

Sports - CBS Sports - October 30

Spanish police arrest ex-fraud chief after €20m found in walls of his house

Investigation into country’s largest cocaine bust reveals cash in home of former head of anti-money laundering . Spain has arrested one of its top police officers after €20m (£17m) was found hidden ...

World - The Guardian - November 12

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