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Elizabeth Holmes is going to prison. Will she ever pay victims too?

Experts say victims often never get their money back from those who defrauded them......»»

Category: hdrSource:  bbcMay 30th, 2023

New Study Estimates as Much as $75 Billion in Global Victims’ Losses to Pig-Butchering Scam

“These are large criminal organized networks, and they’re operating largely unscathed,” said the lead author of the study, which tracked the flow of funds through crypto exchanges. Pig-butchering scammers have likely stolen mo.....»»

Category: topSource:  timeRelated NewsMar 2nd, 2024

SBF asks for 5-year prison sentence, calls 100-year recommendation “grotesque”

Bankman-Fried argues for 63 to 78 months, says he "is already being punished." Enlarge / Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at US District Court on August 11, 2023, in New York City. (credit: Getty Images.....»»

Category: topSource:  arstechnicaRelated NewsFeb 28th, 2024

LockBit leak site is back online

LockBitSupp, the individual running the LockBit ransomware-as-a-service operation, has made good on one promise: the LockBit leak site is back online on backup domains, with lists of victims expected to be unveiled in the coming days. Law enforcement.....»»

Category: securitySource:  netsecurityRelated NewsFeb 26th, 2024

Unsurprisingly, LockBit ransomware crew has returned

It took it less than a week to come back online and even list new victims......»»

Category: topSource:  theglobeandmailRelated NewsFeb 26th, 2024

Cloud TV Service Boss Sentenced to 3 Years Prison Plus $505,000 Damages

Launched in 2007, TVkaista allowed users to record live TV broadcasts and store them in the cloud to enjoy later. Rightsholders insisted that, without a license, TVkaista was an illegal service. In subsequent legal action, the operators of the servic.....»»

Category: internetSource:  torrentfreakRelated NewsFeb 21st, 2024

Alleged Raccoon Infostealer operator extradited, verification site set up for victims

A Ukrainian national was extradited to the United States from the Netherlands after being indicted for crimes related to fraud, money laundering, and aggravated identity theft. According to court documents, Mark Sokolovsky conspired to operate the Ra.....»»

Category: securitySource:  netsecurityRelated NewsFeb 21st, 2024

The 400-year-old story of oaks: From cultural icons to invaders and victims

The nearly 400-year-old history of oaks in South Africa may be coming to an end, forever changing the treescape of towns and cities such as Cape Town, George, Paarl, Stellenbosch, and Swellendam......»»

Category: topSource:  physorgRelated NewsFeb 20th, 2024

Here’s how to protect against ‘GoldPickaxe’, the first iPhone trojan

An Android trojan called GoldDigger surfaced last year that can steal biometric data and more from victims to compromise their bank accounts. Now the threat has evolved into the GoldPickaxe trojan that can infect iOS and Android. Fortunately, there a.....»»

Category: topSource:  theglobeandmailRelated NewsFeb 16th, 2024

Piracy Shield’s First Targets Blocked, Pirate Boxes Discovered in Italian Prison

Piracy Shield’s First Targets Blocked, Pirate Boxes Discovered in Italian Prison.....»»

Category: internetSource:  torrentfreakRelated NewsFeb 15th, 2024

Prison for ‘Mr. X’: Headteacher By Day, Pirate IPTV Maverick By Night

A UK man described as a leading reseller for pirate IPTV service Flawless TV, has been sentenced to a year in prison at Birmingham Crown Court. Documents in the Flawless case referred to a mysterious 'Mr. X', now revealed as 42-year-old Paul Merrell;.....»»

Category: internetSource:  torrentfreakRelated NewsFeb 15th, 2024

AI deepfakes bring back the voices of gun violence victims. They"re still begging Congress for change.

The Shotline, a website created by gun reform groups March For Our Lives and Change the Ref, lets supporters send AI-generated voicemails from gun violence victims right to Congress. The fight for national gun reform — a cause that has ga.....»»

Category: topSource:  mashableRelated NewsFeb 15th, 2024

Former Apple engineer who stole Project Titan trade secrets sentenced to prison

For the last six years, we’ve been following the case of Xiaolang Zhang, a former Apple engineer who pled guilty to stealing Project Titan trade secrets. This week, Zhang has officially been handed his sentencing: 120 days of imprisonment and 3.....»»

Category: topSource:  informationweekRelated NewsFeb 12th, 2024

Security Bite: Ransomware payments hit record $1.1 billion in 2023 despite previous year’s decline

It was a landmark year for ransomware in 2023 and a well-publicized one following the MOVEit and MGM Resorts beaches that shook the security industry. Not only did threat actors collectively pocket a record-breaking $1.1 billion from victims, but a n.....»»

Category: topSource:  informationweekRelated NewsFeb 12th, 2024

Nikola rejects board nominees from disgraced founder Milton

Nikola Corp. said it rejected several director nominees proposed by an entity controlled by founder and former Chief Executive Officer Trevor Milton, who was recently sentenced to prison for fraud......»»

Category: topSource:  autonewsRelated NewsFeb 9th, 2024

Stealing Apple trade secrets can get you 120 days in prison and a boatload of debt

A former Apple engineer who pled guilty to stealing trade secrets related to Apple Car has finally been sentenced to 120 days in prison, three years probation, and $146,984 in restitution.Apple's Project Titan could lead to an Apple CarXiaolang Zhang.....»»

Category: topSource:  marketingvoxRelated NewsFeb 9th, 2024

After prison, perpetrators of genocide say they"ve changed

After serving decades in prison, Rwandans convicted of crimes of genocide returned to their communities, articulating a "narrative of redemption," saying they were good people, despite their past crimes......»»

Category: topSource:  physorgRelated NewsFeb 8th, 2024

Chile mourns 122 killed in wildfire inferno, searches for missing

Chile began two days of national mourning Monday for at least 122 victims of a raging wildfire, as the search continued for the missing and survivors picked through the scorched remains of their lives......»»

Category: topSource:  physorgRelated NewsFeb 5th, 2024

Convicted console hacker says he paid Nintendo $25 a month from prison

As Gary Bowser rebuilds his life, fellow Team Xecuter indictees have yet to face trial. Enlarge / It's-a me, the long arm of the law. (credit: Aurich Lawson / Nintendo / Getty Images) When 54-year-old Gary Bowser pleaded.....»»

Category: topSource:  arstechnicaRelated NewsFeb 2nd, 2024

How the social structures of Nazi Germany created a bystander society

In the initial post-war judicial proceedings to establish what had happened under Nazism, and to punish the perpetrators of crimes, victims' accounts were often discredited. Only in 1961, with the high-profile trial of Nazi war criminal Adolf Eichman.....»»

Category: topSource:  theglobeandmailRelated NewsFeb 1st, 2024

Most prisoners never receive visitors, and this may put them at a higher risk of re-offending

"It was like walking through the gates of hell." That's what one visitor to a prison told us about their experience. It can be a traumatic and stressful event. Family members of first-time prisoners are most often left in a state of uncertainty about.....»»

Category: topSource:  physorgRelated NewsFeb 1st, 2024