An entrepreneur tapped private-credit funds to finance his telecom businesses. Now the lenders say he defrauded them.

A string of alleged frauds by corporate borrowers is spurring a reckoning across Wall Street, sending bankers and investors ...

NEW YORK, NY — A massive loan fraud involving over $500 million has come to light, implicating Indian telecom executive Bankim Brahmbhatt in what experts are calling a “breathtaking” financial ...

A group of First Brands lenders have accused the auto parts supplier of “widespread fraud” and are seeking to end part of the auto parts supplier’s bankruptcy.

In a recent KeyBank survey of owners and executives of U.S. businesses, data shows seven in ten companies polled reported ...

Consequences of a sweeping investigation into Medicaid fraud in the taxi industry continue to unfold with indictments of two ...

Several individuals indicted in a housing fraud probe have links to companies enrolled in other human services programs, a ...

Federal prosecutors on Thursday charged eight people in connection with what they called a “massive” fraud scheme in Minnesota’s Medicaid-funded housing stabilization program. Acting U.S. Attorney ...

Passed as part of the UK Economic Crime & Corporate Transparency Act (ECCTA), failure to prevent fraud (FTP fraud), a new strict liability corporate offense, came into force in the UK at the beginning ...

The company’s AI coworkers help fraud and risk teams cut investigations from hours to minutes while keeping analysts in control of critical decisions. SAN FRANCISCO, CA / ACCESS Newswire / October 28, ...

Eight defendants are now facing federal fraud charges in connection with allegations of Medicaid fraud carried out by Housing Stabilization Services providers. Acting U.S. Attorney for Minnesota ...

Two public officials, 10 individuals, and 14 companies were indicted by a federal grand jury for their alleged roles in a wire fraud and bribery conspiracy ...