Alleged N400m fraud: I can’t be convicted, Metuh finally breaks silence

Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a “lot of mistakes” in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently.

Ramesh "Sunny" Balwani, the right-hand man and ex-boyfriend of company founder Elizabeth Holmes, is planning to appeal an almost 13-year prison sentence for fraud. Prosecutors argued he played an essential role in defrauding investors of $900 million. Theranos falsely claimed it could run blood tests with a single prick of a finger.

Lai, who is also facing a national security trial, has been found guilty of concealing the operation of a consultancy firm at Apple Daily's headquarters.

Interview: European Parliament has 'subpar anti-fraud rules'

The judge has tentatively set the trial for the founder of the now-bankrupt FTX crypto exchange for October 2. Bankman-Fried was also barred from accessing FTX or Alameda Limited assets, as a new bail condition.

Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, on Tuesday pleaded not guilty to charges that he defrauded customers out of millions of dollars worth of digital assets.

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A damning report from US-based short-seller Hindenburg Research alleging widespread fraud at Adani Group has shaved off at least $70 billion in market capital from the giant Indian industrial conglomerate.

French and German prosecutors and investigators conducted searches in and around the French capital. Financial prosecutors say the raid focused on dividend stripping.

French financial prosecutors on Tuesday raided several of France's biggest banks, including Société Générale and BNP Paribas, as part of a multicountry investigation into what authorities say is one of Europe's biggest tax thefts.

Kanye West's campaign treasurer Patrick Krason has resigned amid fraud allegations aimed at the rapper's campaign adviser.

In 2022, former Brazilian President Jair Bolsonaro held a meeting with foreign diplomats in which he claimed voting machines were susceptible to electoral fraud, which prosecutors argue constituted an abuse of office.