fraud trial

Engineering Student Arrested for Rs 20 Lakh Amazon Fraud Scheme Using Fake Returns

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Amazon

An engineering student named Chirag Gupta, 22, hailing from Indore, Madhya Pradesh, has been apprehended for orchestrating a fraudulent scheme on Amazon. Gupta, along with 12 accomplices, ordered high-value electronic products such as Apple iPhones from Amazon, selected the “return product” option, and then failed to return the items after receiving refunds. This cunning operation … Read more

Bankman-Fried assets of almost $700 million seized ahead of fraud trial

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Bankman-Fried assets of almost $700 million seized ahead of fraud trial

Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a Friday court filing. Bankman-Fried, who has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, has pleaded not guilty … Read more