FBI | FinTelegram News

Category: FBI

July 3, 2024

An Open Letter to the FBI: Addressing the Persistent Threat of the PayBack Scheme

As a concerned entity dedicated to the fight against financial fraud, we at FinTelegram commend your recent efforts in seizing one of the websites associated with the notorious Israeli money collection scheme, PayBack, also known as MoneyBack. This operation, led by Israelis Amir Geva and Daniel Poleb, has been masquerading as a legitimate fund recovery service while allegedly defrauding countless victims. However, this recent seizure is just one step in dismantling an extensive and multifaceted fraudulent network.

April 26, 2024

Attention: FBI Issues Warning on Unregistered Crypto Money Transmitting Services!

High-risk segment merchants increasingly use crypto payment processors to process payments. On Thursday, the U.S. Federal Bureau of Investigation (FBI) cautioned Americans about the risks of using crypto services from companies not registered as Money Services Businesses (MSBs) under federal law. This warning highlights a crucial aspect of the regulatory framework governing financial transactions in crypto.

March 9, 2024

FBI Report Unveils Alarming $12.5 Billion Lost to Internet Crimes in 2023

Cybercrime and cyber-based money laundering are the future of the global fraud industry. The latest findings from the FBI have cast a stark light on the escalating threat of cybercrimes in the United States, revealing that consumers and businesses were bilked out of a record-breaking $12.5 billion last year. This alarming figure represents a 22% surge from 2022, underscoring a growing epidemic of online fraud that shows no signs of abating.

February 23, 2024

Sanction FBI Offers $1 Million Reward for Information Leading to the Capture of Swiss-Russian Dual Citizen

The FBI has launched a high-stakes manhunt for Vladislav Osipov, a Swiss-Russian dual citizen, offering a whopping $1 million reward for information that leads to his arrest. Osipov, 52, is accused of orchestrating a complex web of shell companies to circumvent U.S. sanctions against Russian oligarch Viktor Vekselberg, the alleged owner of the luxury yacht "Tango," the U.S. Department of Justice announced.

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February 20, 2022

U.S. law enforcement will prioritize thwarting cybercrime to arrests!

In fighting cybercrime, the U.S. Justice Department will focus more on preventing further harm to victims, even if it means tipping off suspects and jeopardizing arrests, U.S. Deputy Attorney General Lisa Monaco explained. Law enforcement must keep pace with the cybercriminals who exploit innovations as fast as the marketplace produces them. The FBI is investigating more than 100 different ransomware variants.

A Dutch Case: Money Laundering Charges Against Former Jumbo CEO Frits van Eerd!

Frits van Eerd, the former CEO of Dutch supermarket chain Jumbo, is facing serious legal troubles. He is being prosecuted for corruption, forgery, and potentially money laundering charges. The case stems from a 2022 investigation that led to raids on Van Eerd's properties, where authorities discovered €448,000 in cash stashed in various locations, including a refrigerator. Van Eerd stepped down as Jumbo's CEO in September 2022.

Yacht Analyst Report: The Infamous “History Supreme” Superyacht – A PR Hoax Unveiled!

The tale of the superyacht History Supreme is another lesson of how easily the public can be misled by flashy, outlandish claims, especially in the context of wealth and luxury. Allegedly owned by the Malaysian businessman Robert Kuok, the History Supreme is a cautionary example of the dangers of unchecked sensationalism and remains a prime candidate for the title of "the biggest PR hoax in boating history."

Impressive: Bezos’ $25M-A-Year Superyacht Maintenance Costs!

The $25M annual cost of maintaining Jeff Bezos' superyacht Koru underscores the extreme expenses tied to the world’s most luxurious vessels, even as sustainable technology becomes a factor. Koru is a 127-meter (417-foot) long sailing yacht, making it the largest sailing yacht in the world. It was built by Dutch shipyard Oceanco and delivered in 2023. It is estimated to have cost around $500 million to build.

CyberFinance: MicroStrategy’s Bold $14.6 Billion Bitcoin Bet: Visionary or Risky Gamble?

MicroStrategy’s Bitcoin-focused strategy may be a daring leap into the future of finance, but it’s also fraught with risks. With $14.6 billion in Bitcoin holdings, the company is now almost entirely dependent on the world’s largest cryptocurrency. Chairman Michael Saylor’s vision of Bitcoin as digital gold could reshape corporate investing, but will it pay off? Only time—and Bitcoin’s volatile market—will tell.

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Legal Farce or Political Strategy? The Contradiction of Sanctions Against Russian Oligarch Mikhail Fridman!

The EU’s contradictory stance on the Russian oligarch Mikhail Fridman reveals a troubling inconsistency between political actions and legal orders. Despite the annulment of his sanctions by the EU’s own courts, Fridman remains sanctioned, and his assets frozen. This is more than a legal anomaly—it is a reflection of the deeper politicization of the sanctions process. Fridman filed a $16B lawsuit against Luxemburg.