Money, Wealth & Power—A Daily Look at the Financial World
Federal investigators say a new wave of bank fraud is moving faster than most people can keep up, draining checking and savings accounts in a matter of minutes once criminals gain access. The core of the threat is simple but devastating: scammers trick victims into handing over control of their own online banking, then quietly…
The arrest of “Real Housewives of Potomac” alum Mia Thornton on accusations she stole roughly $11,000 in furniture from a luxury rental has pushed one of Bravo’s most polarizing figures from reality TV drama into real-world legal jeopardy. The case, which centers on an Atlanta-area condo and a detailed warrant listing missing items, now sits…
President Donald Trump is signaling a new phase in his confrontation with Venezuela, promising that the United States will move from sea-based interdictions to land operations aimed at alleged traffickers tied to the country’s security apparatus. His pledge to act “very soon” against Venezuelan networks accused of moving cocaine toward the United States raises legal,…
Federal prosecutors say a Michigan health care scheme siphoned roughly $20 million from public and private insurers, turning routine lab work into a vehicle for large-scale fraud. The new criminal charges, aimed at three people tied to a suburban Detroit laboratory, underscore how aggressively the Department of Justice is now pursuing complex billing scams that…
An $11 million crypto robbery in a quiet San Francisco neighborhood has turned a long running thought experiment into a visceral fear for digital asset holders. Instead of malware or exchange exploits, the attacker used a gun, a disguise and a doorbell to strip a homeowner of Ethereum and Bitcoin in minutes. The heist has…
Criminals have quietly rolled out a new playbook for draining Americans’ checking accounts, and they are aiming straight at debit cards. Instead of crude phishing blasts, they are blending fake delivery alerts, hijacked text threads, and real-looking bank portals to intercept cards before you ever slide them into a terminal. I want to walk through…
The U.S. Coast Guard has logged a historic win in the drug war, seizing what officials describe as the largest haul of cocaine ever taken by a single cutter in service history. Packed into bales and stacked on a South Florida pier, the cache is valued at more than $362 million and represents tens of…
Criminals have found a way to turn your own front porch into a crime scene, intercepting new debit cards and draining accounts before victims even know the plastic has arrived. Instead of skimming at gas pumps or guessing PINs at ATMs, they are watching delivery routes, grabbing envelopes, and then using social engineering to squeeze…
Families of Americans killed or kidnapped in the Oct. 7 Israel attack are turning to U.S. courts with a sweeping allegation: that the world’s largest crypto exchange helped bankroll the militants who targeted their relatives. Their lawsuit argues that Binance’s systems and leadership enabled Hamas and allied groups to move money in the shadows, and…
The former head of a small Florida Realtor association is now accused of quietly siphoning more than $81,000 from the group she was hired to lead, a case that has jolted local agents who relied on the organization’s dues-funded budget. Investigators say the alleged theft did not come in a single brazen grab, but in…