Alex Jones ordered to liquidate assets to pay for Sandy Hook damages
Conspiracy theorist Alex Jones owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Fraud
Feeding Our Future audit finds Minnesota Dept. of Education's oversight "created opportunities for fraud"
The 120-page report details the ways in which the department failed to act on prior warning signs about the nonprofit and was ill-prepared to hold Feeding Our Future accountable even before the pandemic struck.
Five out of seven defendants in Feeding our Future fraud case found guilty of multiple counts
Five out of seven defendants accused of swindling more than $40 million in the Feeding our Future COVID relief fraud case have been found guilty on multiple counts. The trial hit a speed bump earlier this week when a juror reported receiving a $120,000 attempted bribe in the form of a bag of cash.
OpenAI warns of foreign propaganda campaigns
ChatGPT developer OpenAI warns that state actors worldwide use generative artificial intelligence to run covert propaganda operations. The company told The Washington Post it found groups in Russia, China, Iran and Israel using its technology to build and launch social media campaigns. Gerrit De Vynck, tech reporter for The Post, joins CBS News to discuss.
Elvis' Graceland mansion headed for a foreclosure auction
The apparent foreclosure notice is allegedly because Elvis' daughter, Lisa Marie Presley, used Graceland as collateral to secure a loan that she failed to pay off before she died last year.
Psychiatrist can't testify about Bob Menendez's cash stockpile
The New Jersey senator has a "fear of scarcity" and developed "a longstanding coping mechanism of routinely withdrawing and storing cash in his home," his lawyers said last month.
Ohtani's former interpreter to enter plea
Ippei Mizuhara, the former interpreter of Los Angeles Dodgers player Shohei Ohtani, is expected to enter a not guilty plea Tuesday to bank fraud and tax charges that he allegedly illegally transferred almost $17 million from the baseball star's bank account. However, the not guilty plea is a formality, as federal prosecutors previously announced that Mizuhara will plead guilty at a later date as part of a plea deal. CBS News' Adam Yamaguchi reports.
FTX says it plans to pay back most customers
FTX says most of its customers will receive some of their money back nearly two years after the cryptocurrency exchange collapsed. Yesha Yadav, associate dean of Vanderbilt Law School, joins CBS News to discuss how the payback will work.
New efforts to stop wire transfer scams
Americans are losing millions of dollars every year to scammers who steal money directly from their bank accounts, often through fraudulent wire transfers. U.S. senators are now pressing banks for answers about what they’re doing to stop it.
Schemes targeting seniors account for $3.4 billion in reported losses, FBI says
Reports of elder fraud crimes increased by 14% in 2023, according to a new federal report.
Are dating apps making it easier for scams?
All this week, CBS News has been investigating online romance scams. In this final installment, Jim Axelrod looks at what law enforcement and lawmakers can do -- but also why it's important for the online dating industry to police itself.
How romance scams turn victims into abettors
CBS News is investigating a growing number of fraud cases known as romance scams. Chief investigative correspondent Jim Axelrod explains how victims can unknowingly become perpetrators in the very scams they fall prey to.
Widow's death highlights romance scams danger
A growing form of fraud is posing physical, emotional, and financial threats to everyday Americans. Jim Axelrod reports on a romance scam turned tragic -- when a widow was swindled out of her life savings.
NY attorney general opposes company holding Trump bond in civil fraud case
The New York attorney general filed the state's opposition to the company providing Donald Trump's $175 million bond, posted while his appeal is pending.
Americans lose millions to wire transfer fraud. Could banks do more to stop it?
"Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?"
U.S. Army financial counselor pleads guilty to defrauding Gold Star families
A financial counselor for the U.S. Army has admitted to tricking the surviving beneficiaries of fallen soldiers out of millions while profiting himself.
Former HGTV star from Los Gatos sentenced in $10M real estate fraud case
A Los Gatos man who starred in a real estate reality show was sentenced to jail and ordered to pay back nearly $10 million to his victims after admitting to real estate fraud, prosecutors said Tuesday.
Vietnam fraud death sentence: What to know
A Vietnamese real estate tycoon has been sentenced to death in one of the country's largest financial fraud cases in history. Property developer Truong My Lan was sentenced Thursday for swindling cash from one of Vietnam's largest banks for over a decade. Lan denied the charges and blamed her subordinates. CBS News foreign correspondent Ramy Inocencio has more.
Vietnam real estate tycoon sentenced to death
Truong My Lan, a 67-year-old Vietnamese property magnate, has received a death sentence after being convicted of embezzlement, bribery and banking violations in a scheme that defrauded the Saigon Commercial Bank of more than $12 billion over a 10-year period.
Meta tests new features on Instagram designed to fight teen sextortion
The feature will be turned on by default globally for teens under 18. Adult users will get a notification encouraging them to activate it, Meta said.
Vietnam property tycoon sentenced to death in $27 billion fraud case
A Vietnam court sentenced developer Truong My Lan to death for swindling billions from a bank, saying she "eroded people's trust" in the ruling Communist Party.
Truth Social insider trading
Michael and Gerald Shvartsman pled guilty to single counts of securities fraud after making $22 million illegally before Truth Social was acquired and made public. Robin Nunn, a federal trial attorney, joins CBS News with details on the charges.
Two brothers plead guilty to insider trading tied to Trump Media
The Florida brothers admitted they made over $22 million illegally before a 2021 announcement about Trump's media firm going public.
Sam Bankman-Fried sentenced to 25 years
Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol Barnett reports.
Sam Bankman-Fried apologizes at sentencing
A judge sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison Thursday. A jury convicted the 32-year-old of fraud and conspiracy in November. CBS News national correspondent Errol Barnett reports.
Trump praises Ramaswamy ad as some GOP critics speak out
Zelenskyy accuses Russia of using cluster warheads in deadly strikes
DOJ investigating Corey Lewandowski over DHS role, sources say
Feds charge powerful Virginia Democrat in alleged drug scheme
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Hegseth bans use of nonpublic info for bets on U.S. military ops
Supreme Court rules New Hampshire can ban use of student IDs for voters
Judge says Trump must sit for deposition in BBC defamation lawsuit
