Man Drains $45,000,000 From Banks and Financial Institutions in Historic Heist, Triggering Massive Push for Restitution

A man at the center of one of the largest bank fraud escapades in US history has been ordered to pay more than $37,000,000 in restitution to dozens of banks…

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Bank Insider Accused of Withdrawing $27,000 From Customer Accounts for ‘Personal Benefit’: Federal Reserve

The Federal Reserve is taking action against a former US bank employee over the alleged theft of customer funds. The Federal Reserve says it is taking various disciplinary actions against…

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Crypto Holders Lost $17,000,000,000 to Fraudsters in 2025 As Impersonation Scams Explode: Chainalysis

Cryptocurrency holders lost an estimated $17 billion to scams and fraud in 2025 as impersonation schemes and AI-enabled attacks explode, according to a new report. Researchers at Chainalysis say on-chain inflows to…

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