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UK watchdog fines Bastion Capital $3.2 million over 'cum-ex' trading

Bastion Capital London, a now-defunct broker that traded over 70 billion pounds ($90 billion) worth of Danish and Belgian stocks for hedge fund Solo Group clients, has been fined for serious crime control failings in the latest London "cum-ex" crackdown.

London , City-of , United-kingdom , Belgium , Germany , Denmark , Britain , Jason-neely , Huw-jones , Bastion-capital-london-ltd , Thomson-reuters-trust-principles , Reuters

Founder of crypto lender Celsius Network arrested, charged with fraud

Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a U.S. prosecutor in New York said Thursday, while three federal regulatory agencies sued him and his company.

Manhattan , New-york , United-states , London , City-of , United-kingdom , Washington , Hoboken , Bengaluru , Karnataka , India , Singapore

Exclusive: Panama expects to be struck off financial crime watch list in October

Panama expects international financial-crime watchdog FATF to remove it this October from a watch list for nations deemed to be doing too little to fight money laundering, the country's deputy finance minister said, adding that other intergovernmental groups might follow suit.

Panama , Mexico-city , Distrito-federal , Mexico , United-states , Panamanian , American , Josep-borrell , Laurentino-cortizo , Sarah-morland , Valentine-hilaire , Matthew-lewis

U.S. to announce action in $2.6 billion health care fraud

The U.S. Justice Department will on Wednesday announce results of a nationwide health care fraud and opioid enforcement action against 87 people in 14 districts involving more than $2.6 billion in fraud, the department said in a statement.

Washington , United-states , Doina-chiacu , Federal-bureau-of-investigation , Human-services , Thomson-reuters-trust-principles , Justice-department , Bureau-of-investigation , Us-justice-department , Department-of-health , Reuters , Federal-bureau

Nursing home stole $83 mln while neglecting residents, NY lawsuit says

New York's attorney general on Wednesday accused nursing home operator Centers Health Care and its owners of stealing $83 million in government funds while understaffing its facilities, resulting in widespread neglect, illness and death among residents.

New-york , United-states , New-jersey , Kansas , Rhode-island , Kenneth-rozenberg , Letitia-james , Brendan-pierson , Alexia-garamfalvi , Aurora-ellis , Daryl-hagler , Reuters

Vietnam on financial grey list over weapons-proliferation risks

Vietnam was added to the watch list of the FATF international financial crime watchdog, which said the nation has nonetheless committed to proving it effectively prevents the financing of the proliferation of weapons of mass destruction.

Hanoi , Han-i , Vietnam , Republic-of , Cayman-islands , United-arab-emirates , Iran , Panama , Syria , Uganda , North-korea , Mozambique

Ex-Goldman banker convicted of insider trading

A former Goldman Sachs banker was convicted of insider trading by a New York jury on Wednesday, after prosecutors said he passed tips about potential mergers to a friend.

New-york , United-states , Akshay-niranjan , Jody-godoy , Brijesh-goel , Damien-williams , Reuters , Spirit-airlines , Thomson-reuters-trust-principles , Goldman-sachs , Us-district-court , Southern-district

Prosecutor fights Trump bid to oust judge in New York hush-money case

Donald Trump's bid to oust the judge overseeing the criminal case against him over a hush-money payment to a porn star should be rejected, the Manhattan District Attorney's office said in a filing on Tuesday.

New-york , United-states , Manhattan , Stormy-daniels , Donald-trump , Joe-biden , Allen-weisselberg , Cynthia-osterman , Karen-freifeld , Advisory-committee-on-judicial-ethics , Thomson-reuters-trust-principles , Trump-organization

Binance issues cease and desist notice to "Binance Nigeria Limited"

Binance has issued a cease and desist order to "Binance Nigeria Limited", Binance CEO Changpeng Zhao said in a tweet on Sunday, calling the Nigerian company a "scammer entity".

Nigeria , Australia , Netherlands , Cyprus , Canada , Bengaluru , Karnataka , India , Nigerian , Changpeng-zhao , Gursimran-kaur , Kirsten-donovan

Firm owned by tycoons Reuben Brothers sues Trafigura in nickel fraud

Hyphen Trading Ltd, owned by property and metals tycoons the Reuben brothers, has filed a legal claim against commodity trader Trafigura which a source close to the situation said was linked to an ongoing alleged nickel fraud case.

United-kingdom , London , City-of , Britain , Prateek-gupta , Eric-onstad , Jan-harvey , London-high-court , Reuben-brothers-group , Trafigura , Hyphen-trading-ltd , United-kingdom-companies-house