Wednesday, 22nd March 2023
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Fraud

4 Feb
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.
7 Jan
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.
8 Dec
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.
17 Oct
Paris St Germain and Brazil soccer star Neymar Jr. arrived in Barcelona’s High Court on Monday where he and eight others will stand trial charged with fraud and corruption over the player's transfer to Barcelona from Santos in 2013.
7 Aug 2022
The richest man in the world has claimed in court that Twitter lied to him about key parts of the business. The Tesla CEO is facing a lawsuit to force him to go through with his purchase of the social media company.
23 Apr 2022
Gbenga Agboola, Flutterwave CEO has responded to the allegations of sexual assault and fraud he is accused of by the West Africa Weekly newsletter.
22 Mar 2022
Alexei Navalny and his supporters have decried the charges as politically motivated. He faces a 13-year prison sentence.
12 Sep 2021
Once a star of Silicon Valley, biotech company founder Elizabeth Holmes is facing several counts of fraud. Prosecutors have accused her of "lying and cheating" in opening arguments.
10 Sep 2021
Germany's money laundering investigation unit is accused of covering up fraud committed by banks. The Finance Ministry has said it "fully supports" the raids.
4 Sep 2021
With a new type of simple blood test, Elizabeth Holmes wanted to revolutionize the health care industry. Her company Theranos was a Wall Street darling until it was exposed as a fraud. Now she is on trial in California.
19 Aug 2021
The alleged offences over which one of Nigeria’s well celebrated and respected police officers, Abba Kyari is wanted for by the United States Federal Bureau of Investigation (FBI) are captured in an extradition treaty between Nigeria and the US. Abba Kyari, a Deputy Commissioner of Police, is wanted in the United States of America for criminal prosecution after he was listed among suspects indicted in a $1.1 million international fraud conspiracy. And here are the legal implications for his extradition to the United States.
7 Aug 2021
Brazilian President Jair Bolsonaro has suggested he may not accept the results of next year's elections, citing flaws in the voting system. Now the country's electoral court has opened an investigation into his comments.

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