VW and its former CEO charged with defrauding investors in diesel scandal

The US Securities and Exchange Commission (SEC) announced that it is charging Volkswagen and its former CEO Martin Winterkorn for defrauding US investors during the company's "Dieselgate" scandal. The agency accused the company and its top executive...

US arrests cryptocurrency exec over ‘multibillion-dollar’ fraud

Cryptocurrency scams are nothing new, but they're rarely as large as this. US law enforcement has arrested Konstantin Ignatov over a fraud charge relating to OneCoin, the cryptocurrency he helped found. Ignatov, his sister Ruja Ignatova (also charg...

Man sentenced to 65 months in prison over phone ‘cloning’ scheme

The US is tying loose ends on an elaborate cellphone crime spree. A Florida judge has sentenced Braulio De la Cruz Vasquez to 65 months in prison after he pleaded guilty to charges he worked with four co-conspirators (who've already pleaded guilty)...

Hulu beats Netflix with its own Fyre Festival documentary debut

Both Hulu and Netflix have been working on documentaries about the disastrous Fyre Festival, and Hulu has now released its version just a few days ahead of Netflix. Fyre Fraud, as its name suggests, gives a look into how those behind Fyre Festival de...