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Texas Couple Extracts $25,000,000 From Investors of Pyramid Scheme That Promised Guaranteed 800% Returns in Just a Few Weeks
A married couple from Texas has been convicted of masterminding a multimillion-dollar pyramid scheme that promised massi...

Scammer Takes $2,000,000 From Crypto Traders After Posing As Coinbase Support, Blows Money on Bottle Service and Gambling: ZachXBT
A fraudster has now taken more than $2 million from crypto traders by posing as a Coinbase support agent, according to o...

Scammers Drain $20,000 Life Savings From Wells Fargo Customer After Posing as Bank and Federal Agents: Report
A scammer posing as an FBI official has successfully taken a Wells Fargo customer’s entire life savings. Diane Fendley of Houston received what she believed was an urgent fraud alert text purportedl...

537,877 Americans Warned After Hackers Hit Payments Firm – Names, Transaction Histories and More at Risk
A cybersecurity breakdown at a digital payments firm is affecting hundreds of thousands of Americans. GSPlatformCo Inc., which manages payment processing, tax compliance and customer billing for onlin...

Bank of America Says One Stock Sector Could Outperform ‘Quite Aggressively’ if Fed Continues To Cut Rates
Bank of America (BofA) says one sector of the stock market could wildly outperform the rest if the Federal Reserve continues to cut interest rates. In a new 2026 outlook meeting, BofA head of US Equit...

JPMorgan Chase, Bank of America and Wells Fargo Warn Zelle Transactions May Be Blocked in New Crackdown on Scams
US banks are taking new steps to stop illicit transactions on Zelle. JPMorgan Chase, Citibank, Bank of America, Wells Fargo and other US banks are implementing new measures to protect its customers fr...

Up to $5,000 per Person To Be Handed Out Over Massive Data Breach That Exposed Info of 2,501,324 People
A $10 million class action settlement is on the table after one of the biggest student loan servicing pipelines in the United States suffered a data security incident. The case stems from an August 20...

Massachusetts Woman Accused of Stealing $111,853 in Social Security and Pension Benefits From US Government
A Massachusetts woman has been charged in federal court for allegedly siphoning government and pension funds tied to a person who died in 2019. The Office of the Inspector General says 60-year-old Gin...

Billion-Dollar Bank Standard Chartered Prepares New Crypto Prime Brokerage: Report
The British multinational bank Standard Chartered is reportedly planning to set up a prime brokerage for crypto trading. Citing people familiar with the matter, Bloomberg reports that the banking gian...

Billionaire George Soros Pours $644,823,000 Into Apple, Amazon and One Stock That Warren Buffett Recently Jumped Into
Billionaire investor George Soros has opened hundreds of millions of dollars in new positions in mega-cap stocks, including Apple (AAPL) and Amazon (AMZN). A new 13F filing with the Securities and Exc...

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