Browsing: Fraud

Published July 02, 2026, 11:39 p.m. EDT 5 Min Read Red flag returns; dubious dental surgeries; high percentage of refunds; and other highlights of recent tax cases. Processing Content Chicago: The Chicago rapper known as Twista has pleaded guilty to five counts of willfully failing to pay his income…

Published July 01, 2026, 4:58 p.m. EDT | Updated July 01, 2026, 5:06 p.m. EDT 4 Min Read Alex/Getty Images/iStockphoto A business owner I know recently watched his company fall apart. It wasn't from losing clients or a bad market. His CFO had been creating fictitious vendors, opening a separate…

Published June 26, 2026, 1:22 p.m. EDT 8 Min Read Lulling tactics; up to 152 years in prison; big-ticket items; and other highlights of recent tax cases. Processing Content Philadelphia: Gregory J. Stefan Jr., 56, of Upper Merion, Pennsylvania, entered a plea of guilty to seven counts of wire fraud …

American consumers reported $15.9 billion in fraud losses in 2025—up from $12 billion the year before and nearly five times the level recorded in 2020, according to the Federal Trade Commission.1 For merchants operating in e-commerce, those numbers represent both direct exposure and a growing set…