Former Bloomberg LP exec among dozens indicted in fraud scheme

More than a dozen executives, including Bloomberg L.P.’s head of global facilities, were busted in a multimillion-dollar bribery and fraud scheme tied to construction projects, sources told The Post. Since-axed Anthony Guzzone and fellow former staffers at Turner Construction, which oversaw the building of interior office space at Bloomberg L.P., are accused of conspiring to…
Media | New York Post


The Bitcoin ‘pyramid scheme’ continues to collapse

The ancient Egyptians made pyramids to last forever. Wall Street’s pyramid schemes aren’t nearly as durable. Bitcoin, while not officially a product of traditional Wall Street, is a pyramid scheme. A fraud. But it is best described as a “confidence game.” I’ve been calling it a “bitcon” for a long time. And now the pyramid…
Business | New York Post


In alleged scheme, couple, homeless man accused of raising $400,000 ‘on a lie’

ABC News

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Google retreats on controversial ‘fake’ price comparison scheme

Google has diluted a controversial scheme which critics say encourages the creation of “fake” price comparison sites – prompting one ad agency to say Google’s “screwed everyone over”.
Tech News – Latest Technology and Gadget News | Sky News


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DA details ex-Newsweek officials’ alleged $10M money-laundering scheme

After a two-year grand jury investigation, five defendants — including the former parent company of Newsweek and one of its top executives — have been charged in a $ 10 million money-laundering scheme to keep the foundering publication afloat, according to an indictment handed up by the Manhattan district attorney’s office Wednesday. The indictment charges Etienne…
Media | New York Post