Latest in Founder's Fraud
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Guilty verdict in Feeding Our Future founder's fraud trial
A jury delivered a string of guilty verdicts Wednesday afternoon in what prosecutors call the largest pandemic fraud case in the country.CBS News - Mar. 19 -
In closing remarks, prosecutor says Frank founder lied to JPMorgan Chase to secure $175 million deal
A prosecutor says a Florida woman engaged in a “brazen fraud” by selling her student aid startup to JPMorgan Chase & Co. for $175 million after dramatically exaggerating its customer baseABC News - 1d -
Experts to investigate student loan fraud claims
The education secretary says claims of student loan fraud point to one of the "biggest financial scandals" in the university sector.BBC News - 4d -
How to protect yourself as fraud losses hit $12.5 billion in 2024
A new FTC report reveals a sharp rise in fraud losses, with 2.6 million consumers reporting scams in 2024. With financial fraud surging, CBS News business analyst Jill Schlesinger shares how to ...CBS News - Mar. 13 -
Social Security payments scrutinized by DOGE amid search for fraud
DOGE is sifting through Social Security payments in an anti-fraud effort that has some worried the administration could deny payments to vulnerable older Americans.ABC News - Mar. 10 -
Man Utd and Man City academy players at centre of age-fraud claims
Manchester United and Manchester City are facing questions over a potential age-fraud scandal involving some of their foreign-born academy players.Yahoo Sports - Mar. 19 -
Texas bill would charge transgender people with 'fraud'
Transgender Texans could be charged with fraud under state legislation filed this month that seeks to make publicly identifying as trans illegal. House Bill 3817, introduced last week by ...The Hill - Mar. 11 -
Top Five Mistakes Founders Are Still Making in 2025
Founders who fail quickly are the ones who don’t raise enough seed money, hold themselves accountable to revenue targets, and interact with their fans.Inc. - Mar. 9 -
NPR and PBS in the Hot Seat, and a Rare Protest in Gaza
Plus, fraud at Versailles.The New York Times - 1d -
Believe in Elon Musk’s $1 trillion ‘waste and fraud’ jackpot when you see it
Musk is right about one thing: Absolutely no reasonable person should support waste or fraud in the federal governmentMarketWatch - Mar. 12 -
South Korea's truth commission says gov't responsible for fraud, abuse in foreign adoptions
South Korea’s truth commission has concluded that the government bears responsibility for facilitating a foreign adoption program rife with fraud and abuse.NBC News - 1d -
Karl Rove: Trump claims of DOGE 'fraud' discoveries will backfire
Republican strategist Karl Rove said President Trump’s claims that the Department of Government Efficiency (DOGE) has discovered “hundreds of billions” in government “fraud” will backfire when ...The Hill - Mar. 10 -
Schumer assails Musk for claiming Social Security rife with fraud
Senate Democratic Leader Chuck Schumer (N.Y.) on Tuesday slammed tech billionaire Elon Musk for claiming that Social Security is plagued by widespread fraud and that as many as 20 million “dead” ...The Hill - Mar. 11 -
Trump administration overlooks online fraud amid tariff focus
The Trump administration has been focused on trade and military alliances, but has neglected a more 21st century form of theft, such as international online fraud, which has resulted in over $12.5 ...The Hill - 1d -
Founder of megachurch indicted on child sexual abuse charges
The Oklahoma attorney general charged Robert Morris with five counts of lewd or indecent acts with a child. Morris is the founder of Gateway, one of the largest megachurches in the country. It ...NBC News - Mar. 13 -
Telegram founder returns to Dubai as French inquiry continues
Pavel Durov allowed to leave France, where he is under investigation over criminal activity on messaging app. Pavel Durov, the Russian-born founder and chief executive of Telegram, has returned to ...The Guardian - Mar. 17 -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Reshma Saujani’s Advice for Female Founders? Build Your Own Door
The founder of Girls Who Code and Moms First joins ‘From The Ground Up’ this week.Inc. - Mar. 10 -
How This Fintech Founder Raised $300 Million and Turned His Customers Into Investors
Capitolis founder and CEO Gil Mandelzis knows how to bide his time when it comes to raising capital.Inc. - Mar. 14 -
How 'fraud' comments have become Ole Miss basketball's March Madness rally cry to Sweet 16
How 'fraud' comments from TV commentator helped rally Chris Beard, Ole Miss basketball over Iowa State and into Sweet 16Yahoo Sports - 3d -
Best-in-Class Business Advice From Famed Female Founders
This year’s Female Founders board of advisers share their top hard-won tips, from failing up to following your north star.Inc. - Mar. 11 -
‘As long he is breathing, I’m not safe’: romance fraud victim flees UK after jailed conman is freed
As cases of romance fraud soar by 27%, tricked woman tells of her £115,000 ordeal. The first time Yvonne met Gary Rogers he arrived at her house in a shiny black Range Rover smelling of Armani Code ...The Guardian - Mar. 15 -
Jury convicts alleged ringleader of massive pandemic food fraud scheme on all counts
A jury has found the alleged ringleader of a massive pandemic fraud case in Minnesota guilty on all counts for her role in a scheme that federal prosecutors say stole $250 million from a program ...ABC News - Mar. 19 -
Jury convicts alleged ringleader of massive pandemic food fraud scheme on all counts
A jury has found the alleged ringleader of a massive pandemic fraud case in Minnesota guilty on all counts for her role in a scheme that federal prosecutors say stole $250 million from a program ...ABC News - Mar. 19 -
Jury convicts alleged ringleader of massive pandemic food fraud scheme on all counts
A jury has found the alleged ringleader of a massive pandemic fraud case in Minnesota guilty on all counts for her role in a scheme that federal prosecutors say stole $250 million from a program ...ABC News - Mar. 19 -
South Korea’s truth commission says government responsible for fraud and abuse in foreign adoptions
South Korea’s truth commission has concluded that the government bears responsibility for facilitating a foreign adoption program rife with fraud and abuse, driven by efforts to reduce welfare ...ABC News - 1d -
Ecuador enlists founder of Blackwater private army as ally in ‘war’ on crime
Daniel Noboa, who is seeking re-election as president, announces partnership with Trump supporter Erik Prince. Ecuador ’s president, Daniel Noboa , has announced a “strategic alliance” with ...The Guardian - Mar. 12 -
Luminary Founder Cate Luzio Didn’t Just Bootstrap Her Business. She ‘Stiletto-Strapped’ It
The networking platform founder joins ‘From the Ground Up’ to talk about her fundraising journey.Inc. - 2d -
23andMe co-founder lashes out at CEO Wojcicki after bankruptcy filing, says board lacked oversight
23andMe co-founder Linda Avey expressed frustration about the fall of the genetic testing company in a social media post.CNBC - 1d -
Texas megachurch founder Robert Morris indicted on charges of lewd acts with a child
The founder of a Texas megachurch who resigned as senior pastor last year after he admitted "inappropriate sexual behavior" in the 1980s has been indicted on five criminal counts involving a child, ...NBC News - Mar. 13 -
Forget Influencer Trips. Why This Beauty Founder Took Her Employees on a Luxury Vacation
Tisha Thompson, founder and CEO of LYS Beauty, used the trip to both thank her team and film fun employee-generated content.Inc. - Mar. 7 -
Grab co-founder Anthony Tan says ‘humans who don’t embrace AI will be replaced by AI’
Grab co-founder and CEO Anthony Tan discussed how workers can use AI to become more productive, at Converge Live in Singapore.CNBC - Mar. 13 -
LinkedIn co-founder has known Elon Musk for years. Here’s what he says Americans don’t understand about the Tesla CEO.
Elon Musk takes a hammer-and-nail approach to everything, LinkedIn co-founder Reid Hoffman says.MarketWatch - Mar. 11 -
Pirate's Booty founder stages Long Island mutiny, declares he's mayor and tries to fire village staff
The founder of Pirate’s Booty Snacks lost his chaotic bid for mayor of a tiny New York community after he claimed he was the village leader and had the authority to replace the entire local ...NBC News - Mar. 20 -
Is That Painting a Lost Masterpiece or a Fraud? Let’s Ask AI
A dubious “Van Gogh” has sparked a battle between technology, connoisseurs, and the high-stakes art market. What does AI, which is transforming art authentication, have to say about the verdict?Wired - Mar. 20 -
FIFA fraud trial: Blatter, Platini verdict due
Former FIFA president Sepp Blatter and France football great Michel Platini will appear before a Swiss court on Tuesday to hear whether the case that finished their careers in football will end ...ESPN - 3d -
How Do You Dress for Success? 8 Entrepreneurs on the Outfit Elements That Help Them Level Up
Power dressing looks very different from founder to founder.Inc. - Mar. 18 -
Meet Inc.’s 2025 Female Founders
The pandemic drove women out of the workforce—and then spurred an entrepreneurial explosion.Inc. - Mar. 11 -
Telegram founder allowed to leave France following arrest
The billionaire has been accused of failing to properly moderate his app to reduce criminality.BBC News - Mar. 17