fraud

The defendants allegedly took part in a scam that sold more than 7,600 fraudulent nursing degree diplomas from three Florida-based nursing schools, according to recently unsealed federal indictments.

Shah was also ordered to pay more than $6 million in restitution.

The co-founder and former CEO of FTX pleaded not guilty to eight criminal counts related to the spectacular collapse of his crypto exchange.

Sam Bankman-Fried was arrested in the Bahamas, based on a criminal indictment that was unsealed Tuesday. Authorities say he improperly diverted billions of dollars.

A jury found Elizabeth Holmes' former business and romantic partner guilty in July on all 12 felony counts of defrauding Theranos investors and the patients that used the company's faulty blood tests.

Holmes was convicted on charges related to defrauding investors who poured hundreds of millions of dollars into her blood-testing company, believing it would revolutionize health care.

In an alleged scheme that temporarily inflated the market value of a tiny New Jersey deli to more than $100 million, three men have been charged with securities fraud and market manipulation.

Mississippi spent millions in welfare money on Brett Favre's pet project, a university volleyball arena. The retired NFL quarterback then tried to get additional money for another sports facility.

More details are coming to light about a welfare fraud scandal that funneled money to former NFL player Brett Favre and others.

AG Letitia James is seeking $250 million in damages and to bar Trump and his children from conducting business in New York state, where they built their fortune.