U.S. to crack down on organic food fraud
The USDA has released new guidelines for organic food labels in order to crack down on fraud and boost oversight amid a surge of popularity in the organic food market. Nikki Battiste has the details.
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The USDA has released new guidelines for organic food labels in order to crack down on fraud and boost oversight amid a surge of popularity in the organic food market. Nikki Battiste has the details.
The stricter guidelines will give consumers confidence that their products are certified organic, the CEO of the Organic Trade Association said.
Regulators claim the former drug executive, who served four years in prison for fraud, is violating lifetime industry ban.
Lawyers say an investment account belonging to the former sprinting star that held millions has been nearly completely drained.
Elon Musk and other Tesla directors are facing a shareholder lawsuit over a 2018 tweet, in which said he was considering taking Tesla private. Investors said the tweet cost them billions. The trial in the lawsuit got underway this week. Jill Fisch, a professor of business law at the University of Pennsylvania, joined CBS News to discuss the trial.
Prosecutors said the campaign at the time was the largest fraud perpetrated through the crowdfunding platform.
Disgraced crypto king Sam Bankman-Fried pleaded not guilty to a slew of charges related to his defunct cryptocurrency exchange in federal court in Manhattan. Michael Parker, head of the anti-money-laundering and sanctions practice at Ferrari and Associates, joins CBS News' Elaine Quijano to discuss the details of SBF's case.
More than 1 in 4 retirees say they spend more than they can afford. These part-time jobs can help make ends meet.
New York Republican Rep.-elect George Santos hasn't even been sworn into office yet, but there are calls for him to resign after he confessed to lying about his education, work history and family. Caitlin Huey-Burns takes a look.
Congressman-elect George Santos said he will respond to claims that he allegedly lied about his background and resume. Caitlin Huey-Burns reports.
FTX co-founder Sam Bankman-Fried was released on $250 million bond. The disgraced 30-year-old was extradited from the Bahamas to the U.S. as FTX co-founder Gary Wang and the former CEO at Alameda Research Caroline Ellison pleaded guilty to fraud. Bankman-Fried is facing allegations that he defrauded investors and customers out of billions of dollars through his now bankrupt crypto currency exchange FTX. Lilia Luciano reports.
The New York Attorney General's Office is launching a probe into allegations that Republican Rep.-elect George Santos fabricated his resume. New reports reveal inconsistencies with claims that Santos made on the campaign trail about his employment, education and financial background.
The FTX founder was ordered to home confinement at his parents' home in Palo Alto, California.
Disgraced FTX founder Sam Bankman-Fried left a Bahamian courthouse late Wednesday after agreeing to be extradited to the U.S. to face criminal charges. He has spent more than a week in jail after being arrested at the request of U.S. federal prosecutors. Lilia Luciano has the details.
Bankman-Fried is in Bahamas courthouse, where he is expected to tell judge he will not fight extradition to U.S.
Federal prosecutors charged FTX Trading founder Sam Bankman-Fried with eight counts including fraud, money laundering and other financial crimes. Scott MacFarlane reports.
FTX founder Sam Bankman-Fried is facing a slew of federal fraud and money laundering charges following the collapse of his crypto exchange. CBS congressional correspondent Scott MacFarlane breaks down the latest in the investigation from Capitol Hill.
FTX founder Sam Bankman-Fried was arrested in the Bahamas and is facing U.S. charges in what a federal prosecutor calls "one of the biggest financial frauds in American history." He was scheduled to testify on Capitol Hill. Scott MacFarlane reports.
Federal prosecutors have charged Sam Bankman-Fried, founder of the now-bankrupt cryptocurrency firm FTX, with fraud. He was arrested Monday in the Bahamas. Michael Parker, head of anti-money laundering and sanctions practice at Ferrari and Associates, joins CBS News' Elaine Quijano and Lana Zak on what happens next in the criminal case against Bankman-Fried.
CBS News congressional correspondent Scott MacFarlane joined CBS News' Vladimir Duthiers and Anne-Marie Green with more on the criminal fraud charges filed in the U.S. against Sam Bankman-Fried, the founder of FTX who was arrested in the Bahamas after the cryptocurrency exchange's collapse.
Samantha Stevens gained the victim's trust and convinced her that a curse had been placed on her and her family, prosecutors said.
Cy Vance, the former Manhattan district attorney who launched the criminal investigation into the Trump Organization, joined CBS News to discuss the guilty verdict against the company on charges of criminal tax fraud and falsifying business records.
The Trump Organization has been found guilty of fraud and other charges by a jury in New York. Harry Litman, a former U.S. attorney and deputy assistant attorney general, joins John Dickerson to discuss the verdict, what we've learned form the trial, and the potential ramifications for former President Donald Trump.
Ramesh "Sunny" Balwani could face more than a decade behind bars after being convicted of fraud and conspiracy.
Former New York Lt. Gov. Brian Benjamin now only faces records falsification charges.