‘Financial sextortion’ of kids is escalating. What parents can do

‘Financial sextortion’ of kids is escalating. What parents can do

Cavan Images | Cavan | Getty Images “Financial sextortion,” a type of cybercrime that targets teens and tweens, is on the rise. Reports of financially motivated sextortion involving minors increased at least 20% from October 2022 to March 2023 relative to the same six-month period the prior year, the FBI said in January.  “Sextortion is … Read more

SAP to pay more than $220 million to settle bribery charges: DOJ & SEC

SAP to pay more than 0 million to settle bribery charges: DOJ & SEC

Christian Klein, CEO of the software company SAP, stands on the podium looking at his cell phone before the start of the company’s Annual General Meeting. Uwe Anspach | Picture Alliance | Getty Images SAP, the $192 billion German enterprise tech company, will pay more than $220 million to settle investigations into worldwide “recidivist” foreign … Read more

Big Pharma takes on counterfeit drugs

Big Pharma takes on counterfeit drugs

In Las Vegas, Lazaro Hernandez was a flamboyant, jet-setting poker player shown in televised tournaments with stacks of colorful chips. But the casually dressed gambler spotted on security cameras with wads of cash at the casino cage was hiding a secret life. And federal investigators say he was gambling with people’s lives. Hernandez, they say, … Read more

Pig butchering scam results in four indictments, two arrests: DOJ

Pig butchering scam results in four indictments, two arrests: DOJ

Las Vegas Review-journal | Tribune News Service | Getty Images Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of Justice announced Thursday. Four men have been indicted and two arrests have been made in one of the most sweeping enforcement actions yet on a type … Read more