A Rusk County retiree clicked a pop-up and lost $47,000 in cash handed to a stranger at the door. The stranger drove up from Illinois. He was twenty-four. He came back a second time because the script told him to.
For seven years, prosecutors say, a Danbury software company's chief financial officer moved money from the company's accounts into her own and sent her CEO a weekly report that made the numbers behave. On June 4, 2026, she pleaded guilty.
Utah's Division of Securities issued an emergency cease-and-desist on June 1 against BG Wealth Sharing, a crypto pyramid that promised 60% monthly returns and ran on an AI-generated founder. The machine collapsed the same week. The fees to "release" the money kept coming.
Daiwor Woah-Tee ran a tax preparation business in Belcamp, Maryland for nearly seven years. Federal prosecutors say what he actually ran was a pipeline that turned other people's identities into refund checks and pandemic unemployment benefits, $4 million worth, before the pipeline finally showed.
For six years, Shivananda Neelannavar paid 3% a month like clockwork to investors across Karnataka and Maharashtra. The CID now says the clockwork was the trap.
Federal prosecutors say John Sterling Myers raised $4 million from 28 people and lost most of it before anyone knew the statements were fake. The arraignment is Friday.
For three years a Victoria mortgage broker promised short-term real estate bridge loans paying returns no honest loan could carry. PricewaterhouseCoopers later found the loans were never there. On Friday, Greg Martel was arrested in the country of Georgia.
The SEC says Stephen Leech ran more than $600 million of losing trades into the conservative bond funds where ordinary Americans parked their retirement money. Western Asset agreed this week to pay $100 million. The trades were placed at dawn. The names were filled in after the prices moved.
David Merino Quintana was arrested in Dubai on June 1 as the alleged mastermind of FX Winning, a forex and crypto operation Spanish regulators had warned about since 2021. Around 15,000 investors across more than 30 countries are now waiting to see whether the extradition paperwork moves before the clock runs out.
Four Detroit defendants, including two former mail processing clerks, were sentenced in a scheme that moved more than 10,000 stolen checks with a combined face value above $63 million. The marketplace was a Telegram channel. The fuel was the trust people still place in a blue mailbox.
John Bolden wore a shield by day and ran a tax prep franchise on the side. Federal prosecutors say he used the second job to feed the first one's friends, family, and clients into a pandemic relief program he knew nobody was watching.
For more than two decades, Barry Kloogh sat across from Dunedin retirees and told them their money was working. It wasn't. The Serious Fraud Office put the loss at $15.7 million. The liquidator now says recovery will be roughly two cents per dollar invested.
Joseph Sanberg sold the world a bank that planted trees. The trees were real. The customers paying for them, prosecutors say, were him. On June 1, a federal judge sentenced him to 14 years.
Cheungkin Lam was the polite young man behind the counter at a Fresh Meadows TD Bank. Federal prosecutors say he was also the door the thieves walked through.
In the spring of 2020, a Montreal company wired $8.2 million to a purported escrow account for face masks Quebec and Alberta were desperate to receive. Six years later, an Orchard Park business owner has admitted the escrow account was the door the money walked through, not the lock that held it.
An Edmonton police investigation alleges Curtis Quigley and Kathleen Treadgold sold promissory notes tied to real estate flips for twelve years. The houses were the story. The seniors who lost their money were the inventory.
In the summer of 2020, a Minnesota electronics plant invented work that was never done to make a quarter look like growth. Five years later, the SEC named the men who let the number go out.
Carl Channing Spence ran AEI Financial from his Mont Belvieu home, promising friends and neighbors 10 to 12 percent on meme stock trades. The statements showed growth. The account showed something else.
Terry Chen got six years for a $3.5 million pandemic unemployment fraud. The piece nobody talks about is the contractor who sat at a state laptop and turned the locks off from the inside.
A disbarred South Carolina attorney funneled client settlement money through a bank account that mimicked the name of a legitimate firm. The properties came down this month. The machine is older than the headlines.