Trump-Linked Crypto Firm Keeps Auditor with Troubled Past
A crypto venture linked to Donald Trump has retained an auditor with a controversial history, raising concerns about transparency and regulatory compliance in the project.
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Financial Misconduct
All articles tagged with #financial misconduct
Exonerated Trader Tom Hayes Sues UBS for $400 Million Over Libor Rigging
Tom Hayes, a former trader involved in the Libor-rigging scandal, has sued UBS for over $400 million, claiming the bank falsely portrayed him as the mastermind to shield itself from legal repercussions. Hayes's conviction was overturned in 2025 due to judicial errors, and he now seeks damages for the harm to his reputation and career, alleging malicious prosecution by UBS.
Tom Hayes Sues UBS for $400 Million Over Libor Scandal
Tom Hayes is suing his former employer UBS for $400 million, though the article primarily discusses subscription offers for Financial Times and does not provide further details on the lawsuit.
Jefferies CEO Claims First Brands Defrauded Bank Amid Stock Drop
Jefferies' CEO claims the company was defrauded by First Brands, highlighting a significant corporate misconduct issue.
Josh Wander of 777 Partners Faces $500 Million Fraud Charges
The founder and CFO of investment firm 777 Partners, Joshua Wander and Damien Alfalla, have been charged with a $500 million fraud scheme involving misrepresentations, asset pledging, and misuse of funds to deceive lenders and investors, leading to criminal charges and ongoing investigations.
Biographer Claims Queen Was Aware of Prince Andrew's Past and Future
Prince Andrew's biographer, Andrew Lownie, reveals damaging details about the prince's personal life, finances, and alleged collusion by the Queen, based on leaked documents and sources, portraying a scandalous and unflattering picture of the royal.
NFLPA Warns Financial Actions Could Be Criminal
The NFL Players Association is under a federal criminal investigation for potential misuse of funds and self-enrichment by union officials, following a confidential memo that highlights immediate threats and a leadership vacuum amid resignations and ongoing scrutiny of financial dealings, including a government investigation into related entities.
Tomb Raider Composer Jailed for COVID Loan Fraud
Peter Connelly, a composer known for his work on Tomb Raider video games, was jailed for 16 months after fraudulently applying for a second Covid Bounce Back loan by overstating his company's turnover, leading to liquidation and a six-year disqualification from being a company director.
Baker Mayfield's $12M Legal Battle Against Father's Company Intensifies
Tampa Bay Buccaneers quarterback Baker Mayfield and his wife, Emily, have filed a lawsuit against companies linked to Baker's father and brother, alleging a breach of contract and the unlawful transfer of $12 million from their accounts. The lawsuit claims that Camwood Capital Management Group, involving James and Matt Mayfield, misappropriated funds without proper authorization or documentation. Despite a settlement agreement in January requiring repayment, the Mayfields assert that no payments have been made. Baker Mayfield recently signed a $100 million contract with the Buccaneers.
Brooklyn Priest Resigns Amid Financial Misconduct and Music Video Controversy
A Brooklyn priest, Monsignor Jamie Gigantiello, was demoted after allowing Sabrina Carpenter to film a music video in his church, which led to an investigation uncovering his mishandling of nearly $2 million in parish funds. The investigation revealed unauthorized financial transfers to entities linked to a former aide of Mayor Eric Adams, who is under federal investigation. Gigantiello has been stripped of his duties, and the church is cooperating with law enforcement.
Brooklyn Priest Demoted for Church Video Shoot and Financial Misconduct
Monsignor Jamie Gigantiello of the Blessed Virgin Mary Catholic Church in Williamsburg, NYC, was stripped of his duties after allowing Sabrina Carpenter to film a music video on church property without following diocesan protocols. An investigation revealed further misconduct, including unauthorized financial transfers to Frank Carone, a former aide to NYC Mayor Eric Adams, who is under federal investigation. Gigantiello also misused church funds for personal expenses, leading to his removal by the Roman Catholic Diocese of Brooklyn.
Whistleblower Claims Standard Chartered Aided Terrorist Funding
New whistleblower claims have emerged regarding Standard Chartered's transactions involving Iran, raising concerns about potential financial misconduct.
"Netflix Docuseries Exposes TikTok Dance Cult and Its Impact on Miranda Derrick"
Netflix's docuseries "Dancing for the Devil: The 7M TikTok Cult" explores allegations against Robert Shinn, founder of Shekinah Church and 7M Films, involving brainwashing, manipulation, sexual abuse, and financial misconduct. Despite public scrutiny and ongoing civil lawsuits, no criminal charges have been filed, and Shinn denies the allegations. The case is set for trial in 2025.
"Netflix's 'Dancing for the Devil' Exposes Shocking TikTok Cult"
Netflix's new docuseries "Dancing for the Devil: The 7M TikTok Cult" exposes alleged sexual and financial abuses by Robert Shinn, CEO of 7M Films and founder of Shekinah Church. The series features testimonies from former church members and relatives of 7M Films dancers, revealing Shinn's emotional manipulation and exploitation. Despite the serious allegations, Shinn has not faced criminal charges, leaving viewers shocked and appalled.
"NRA's Wayne LaPierre Liable for Financial Misconduct, Ordered to Repay Millions"
A Manhattan jury found the National Rifle Association's former leader, Wayne LaPierre, liable for using the organization's funds for personal expenses, including vacations and luxury flights. The jury also ruled that two other top executives failed in their fiduciary duties. The case, brought by New York's attorney general, Letitia James, marks a significant blow to the influential gun rights group, which had already been facing internal strife and setbacks.