Americans lose millions to wire transfer fraud. Could banks do more to stop it?
"Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?"
Fraud
U.S. Army financial counselor pleads guilty to defrauding Gold Star families
A financial counselor for the U.S. Army has admitted to tricking the surviving beneficiaries of fallen soldiers out of millions while profiting himself.
Former HGTV star from Los Gatos sentenced in $10M real estate fraud case
A Los Gatos man who starred in a real estate reality show was sentenced to jail and ordered to pay back nearly $10 million to his victims after admitting to real estate fraud, prosecutors said Tuesday.
Vietnam fraud death sentence: What to know
A Vietnamese real estate tycoon has been sentenced to death in one of the country's largest financial fraud cases in history. Property developer Truong My Lan was sentenced Thursday for swindling cash from one of Vietnam's largest banks for over a decade. Lan denied the charges and blamed her subordinates. CBS News foreign correspondent Ramy Inocencio has more.
Vietnam real estate tycoon sentenced to death
Truong My Lan, a 67-year-old Vietnamese property magnate, has received a death sentence after being convicted of embezzlement, bribery and banking violations in a scheme that defrauded the Saigon Commercial Bank of more than $12 billion over a 10-year period.
Meta tests new features on Instagram designed to fight teen sextortion
The feature will be turned on by default globally for teens under 18. Adult users will get a notification encouraging them to activate it, Meta said.
Vietnam property tycoon sentenced to death in $27 billion fraud case
A Vietnam court sentenced developer Truong My Lan to death for swindling billions from a bank, saying she "eroded people's trust" in the ruling Communist Party.
Truth Social insider trading
Michael and Gerald Shvartsman pled guilty to single counts of securities fraud after making $22 million illegally before Truth Social was acquired and made public. Robin Nunn, a federal trial attorney, joins CBS News with details on the charges.
Two brothers plead guilty to insider trading tied to Trump Media
The Florida brothers admitted they made over $22 million illegally before a 2021 announcement about Trump's media firm going public.
Sam Bankman-Fried sentenced to 25 years
Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol Barnett reports.
Sam Bankman-Fried apologizes at sentencing
A judge sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison Thursday. A jury convicted the 32-year-old of fraud and conspiracy in November. CBS News national correspondent Errol Barnett reports.
Sam Bankman-Fried sentenced to 25 years
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for his role in the cryptocurrency fraud scheme that brought down his company and lost investors billions. CBS News' Errol Barnett reports.
Kids' author Kouri Richins tried before to kill husband, new counts allege
Earlier this week, another attempted murder charge was added by prosecutors to the list of counts against children's author Kouri Richins.
3/25: America Decides
Judge in Trump "hush money" case sets April 15 trial date; Should House Speaker Johnson be worried about ouster threat?
Where Trump's New York court cases stand
Former President Donald Trump saw significant developments in two of his New York legal cases on Monday, with a reduction in his bond amount in one case and a rejection of his delay attempt in another. CBS News political correspondent Caitlin Huey-Burns anchors coverage breaking it all down on "America Decides."
What a reduced bond means for Trump's assets
An appeals court on Monday reduced the amount of money former President Donald Trump needs to put forward if he wants to fight the ruling in his New York civil fraud trial. CBS News legal contributor Jessica Levinson explains the significance of the decision.
Latest developments in Trump's New York cases
On Monday, a New York judge set a trial date of April 15 for former President Donald Trump's "hush money" case. In his civil fraud case, a panel of judges lowered Trump's bond to $175 million. CBS News chief election and campaign correspondent Robert Costa has the latest.
Trump fraud trial bond reduced to $175 million
Former President Trump's bond in his New York fraud trial has been reduced to $175 million, down from nearly half a billion dollars. Trump's "hush money" trial, meanwhile, is set to begin April 15. Robert Costa reports.
Trump "hush money" trial set for April 15
On Monday, a New York appeals court slashed the bond in former President Donald Trump's civil fraud case to $175 million. In his "hush money" case, a judge scheduled an April 15 trial date, rejecting Trump's attempt for a further delay. CBS News' Robert Costa and Major Garrett join to unpack the latest developments.
Deadline for Trump's bond approaching
Former President Trump must post nearly half a billion dollars by Monday if he wants to appeal the outcome of his New York civil fraud trial. Trump insists he has the money, but is using a "substantial amount" for his presidential campaign. Shanelle Kaul reports.
Growth of job scams in U.S.
With over 100,000 reported cases last year, job scams are escalating rapidly, according to the Federal Trade Commission, doubling in frequency over the past four years. Americans faced nearly $500 million in losses due to these scams. LinkedIn’s career expert, Catherine Fisher, sheds light on this alarming trend.
Biden kicks off Western campaign swing
President Biden went West on Tuesday, taking a campaign swing through Nevada and Arizona. Meanwhile, former President Donald Trump cast his ballot in the Florida Republican presidential primary. CBS News' Ed O'Keefe and Robert Costa are following both campaigns.
Trump struggling to secure bond in fraud case
Lawyers for former President Donald Trump say it's a "practical impossibility" he will be able to post the $464 million bond needed to pause the ruling in his New York civil fraud case. CBS News chief election and campaign correspondent Robert Costa has more on Trump's money woes.
Trump's lawyers say it's "a practical impossibility" to secure bond in time
Former President Donald Trump has until March 25 to obtain a bond to secure $464 million judgment against him as he appeals his New York civil fraud case.
Trump struggles to secure $464 million bond
Former President Trump's lawyers said in a court filing Monday that he is unlikely to secure a nearly half-billion dollar bond needed to pause a judge's February ruling in his New York civil fraud case. On the campaign trail, Trump is on the defensive after warning of a "bloodbath" if he loses in November while discussing the auto industry. Robert Costa has details.
Brown shooting investigators release new image of person of interest
More images or videos are expected to be released later today, the Providence Police Department said.
Video shows couple trying to stop Bondi attackers: "Bravery and selflessness"
Newly revealed video footage shows a couple in their 60s trying to stop the gunmen right before the attack on a Hanukkah celebration at Australia's Bondi Beach.
Nick Reiner will not be in court today due to medical reasons, attorney says
Nick Reiner, who is being held in connection with the murder of his parents Rob Reiner and Michele Singer Reiner, will not be in court on Tuesday due to medical reasons, his attorney said.
Epstein offered advice to billionaire facing sex abuse accusation
Recently released emails document Jeffrey Epstein's involvement in Leon Black's personal affairs.
Obamas were supposed to see the Reiners the day they died, Michelle Obama says
Rob Reiner and his wife, Michele, had plans to see former President Barrack Obama and Michelle Obama on Sunday, the former first lady said.
Trump and his allies defend Susie Wiles over blunt quotes in Vanity Fair
President Trump defended White House chief of staff Susie Wiles after she was quoted offering blunt assessments of his inner circle in Vanity Fair.
Trump says he'll deliver prime-time address to the nation on Wednesday
President Trump said he will deliver an address live to the nation Wednesday at 9 p.m.
How the Coast Guard uses "disabling fire" to stop alleged drug boats
A Coast Guard crew offloaded over 27,000 pounds of drugs in California on Monday.
7 highlights from Erika Kirk's CBS News town hall
Erika Kirk recalls the emotional fog of Charlie Kirk's assassination, addresses conspiracy theories and takes questions during a CBS News town hall hosted by Bari Weiss.