California Man Gets 6½ Years for $39M Bank Fraud Scheme
A California man has been sentenced to six and a half years in federal prison after orchestrating a nearly decade-long bank fraud scheme that defrauded…
Klarna Seeks U.S. Bank Charter to Bring Long-Term Lending Operations In-House
Why Is Klarna Applying for a U.S. Bank Charter? Klarna has applied to federal and state regulators to establish a U.S. bank subsidiary, a move…
Gemini Launches 0% Commission Stock Trading in Most US States
Why Is Gemini Moving Into Stock Trading? Gemini has launched 0% commission stock trading for users in most U.S. states, expanding beyond crypto as it…
FBI Recovers $2.27M of $3M Vermont Email-Fraud Theft
Federal authorities have recovered more than $2.27 million stolen from a Vermont public agency after a cyber fraud in which criminals redirected payments through a…