[ad_1] Sinemia says this is part of its stance against fraud. “This kind of vigilance helps us combat misuse, ensuring all our customers continue to enjoy movies at affordable and sustainable prices,” the company said in a press release. Supposedly, the company only terminated “a small number” of accounts, about three percent. The explanation probably […]
Category: fraud
VW and its former CEO charged with defrauding investors in diesel scandal
[ad_1] According to the SEC, Winterkorn and others in the company intentionally deceived investors and underwriters about the quality and environmental compliance of Volkswagen vehicles. While Volkswagen raised money, the company was participating in a scheme to cheat on emissions tests. By using a piece of software that activated during tests, Volkswagen was able to […]
US arrests cryptocurrency exec over ‘multibillion-dollar’ fraud
[ad_1] OneCoin is still running, and has apparently been very lucrative. The firm made about €2.2 billion ($2.5 billion) in profit just between 2014 and 2016, according to the US Justice Department. A third defendant already charged in the scheme, Mark Scott, was said to have laundered over $400 million through banks in places like […]