Covid-related scams have bilked Americans out of $586 million

boonchai wedmakawand | Moment | Getty Images Consumers have lost $586 million to fraud linked to the Covid-19 pandemic, according to data from the Federal Trade Commission. Americans filed more than 269,000 fraud complaints from the beginning of 2020 to Oct. 14, 2021, according to most recent federal data. (Consumers cited Covid, stimulus or related … Read more

New York real estate heir Robert Durst is hospitalized with Covid days after life sentence, his attorney says

Robert Durst looks at jurors as he appears in an Inglewood courtroom with his attorneys for the first closing arguments presented by the prosecution in the murder trial of the New York real estate scion who is charged with the longtime friend Susan Bermans killing in Benedict Canyon just before Christmas Eve 2000. Inglewood Courthouse … Read more

Stock hijacker Mark Miller pleads guilty in over-the-counter market shell company pump-and-dump scheme

A pedestrian wearing a face mask looks at a smartphone while passing in front of the New York Stock Exchange (NYSE) in New York, on Monday, July 20, 2020. Michael Nagle | Bloomberg | Getty Images A Minnesota general contractor pleaded guilty Thursday to a scheme to hijack dormant shell companies and then pump-and-dump their … Read more

Former Safeway CEO says Theranos delays raised red flags as emotional juror is dismissed from case

Former Theranos CEO Elizabeth Holmes arrives for a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters SAN JOSE, CALIF. — Former Safeway CEO Steve Burd on Wednesday testified in the Elizabeth Holmes criminal fraud trial, saying repeated delays with Theranos’ blood-testing machine raised red flags about his … Read more

Former Theranos lab director says he was under ‘tremendous pressure’ to show technology worked

A former lab director at Theranos testified on Tuesday he quit the company for one simple reason: The blood-testing technology just didn’t work. Adam Rosendorff, a key witness for the government, took the stand for the fifth day in the criminal fraud trial of ex-CEO Elizabeth Holmes. “There was tremendous pressure at the company to … Read more

Warren urges SEC to open insider trading probe into Fed Vice Chair Clarida, others

U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing titled The IRS Fiscal Year 2022 Budget, in Dirksen Senate Office Building in Washington, D.C., June 8, 2021. Tom Williams | Pool | Reuters Sen. Elizabeth Warren on Monday urged the Securities and Exchange … Read more

Elizabeth Holmes knew machines weren’t working, former Theranos lab director testifies

Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, U.S., on Wednesday, Sept. 22, 2021. Davie Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A former lab director at Theranos acknowledged on Friday that he had plenty of opportunities to address his concerns about the company’s … Read more

Huawei CFO Meng Wanzhou to be released after agreement with U.S. in wire fraud case

Huawei chief financial officer Meng Wanzhou arrives at British Columbia Supreme Court with her security detail for the afternoon session of her extradition hearing, August 4, 2021 in Vancouver, Canada. Don MacKinnon | AFP | Getty Images The chief financial officer of Chinese tech firm Huawei will be released and allowed to return to China … Read more

Former Theranos scientist says Elizabeth Holmes pushed her to validate tests for Walgreens rollout

Elizabeth Holmes, CEO of Theranos, attends a panel discussion during the Clinton Global Initiative’s annual meeting in New York, September 29, 2015. Brendan McDermid | Reuters SAN JOSE, CALIF. – A former Theranos scientist testified Friday that Elizabeth Holmes pressured her to validate blood test results from the company’s Edison machine to speed up a … Read more

From China, through Telegram: Fake Covid vaccination card market booms

A photo of a hand using a magnifying glass to check the authenticity of s Covid-19 vaccine card, taken on August 15, 2021. A card that is real will have the CDC logo. Raychel Brightman | Newsday | Getty Images The online market for fake Covid-19 vaccination cards is booming. Thousands of online sellers are … Read more