Oct 31, 2024
A graphic representation of a credit card with a ladder and coins, symbolizing financial schemes or fraud.
Fraudster Pleads Guilty to $7 Million Covid Relief Fraud Scheme

A 24-year-old Taiwanese native has been arrested and charged with several counts of fraud after he applied for over $7 million in relief aid that was intended for businesses and individuals impacted by the pandemic. Sheng-Wen Cheng, who also goes by the names Justin Cheng and Justin Jung, was a... Read More »

A close-up of hands typing on a laptop keyboard.
NYC Settles Suit to Give Free Internet to School Kids

When coronavirus forced most schools across the country to shut down, nearly all of them made rapid plans to convert from in-person learning to virtual. Kids with internet access still missed out on many important schoolroom features, but kids without internet access missed out on everything. A new settlement with... Read More »

Signage of Charles Schwab building with two people on the rooftop.
$1.2 Million Deposit By Accident — What Would You Do?

A 911 dispatcher got a surprise in her brokerage account in February: a deposit of $1,205,619.56. The next day, Charles Schwab tried to recover the money it had put into her account by accident, but the money was already gone. Kelyn Spadoni, who worked for the Jefferson Parish, Louisiana, Sheriff’s... Read More »