The alleged scheme involved laundering the proceeds of counterfeit checks and business email compromise scams into Bitcoin.

In one case, the man pretended to be bank employee in an email and asked a law firm to send $163,298, prosecutors said.

A Nigerian citizen was sentenced to 40 months in prison in U.S. District Court in Seattle on Monday for conspiracy to commit ...

The probe has found 8.50 lakh such accounts in 743 branches of various banks across the country that sent the alarm bells ringing about the extent of the menace.

Two Stockton brothers have been indicted by a federal grand jury on charges related to an alleged fraud scheme involving more than $1.8 million.

William Chadwick Jones was arrested for depositing over $545,000 in counterfeit checks into a Synovus Bank account using mobile banking. The funds were quickly dispersed through wire transfers ...

Michael Zidell sues Citibank for $20M, claiming the bank missed red flags in a crypto scam that drained his savings ...

The Dallas family admitted to conspiracy and wire fraud after creating fake businesses to receive federal relief funds.

He shared a fake bank statement showing a wire transfer of over $3 million. But when investigators checked, they found no such transfer had ever taken place. Lies Unraveled and Charges Filed.

Homebuyer targeted by mortgage wire fraud loses $7,500 to fake title company. Companies warn of wire scheme ... Powell tells us she rushed to her bank and wired the more than $7,500 to a bank ...

William Chadwick Jones was arrested for depositing over $545,000 in counterfeit checks into a Synovus Bank account using mobile banking. The funds were quickly dispersed through wire transfers ...