Federal Bureau of Investigation
Maybe it WAS illegal: Mango Markets exploiter arrested on fraud charges
The crypto trader behind the $110 million exploit of decentralized exchange Mango Markets has been arrested in Puerto Rico — and charged with market manipulation and fraud. According to a previously sealed complaint filed with the Southern District of New York and made public on Dec. 27, the Federal Bureau of Investigation (FBI) pinned Avraham Eisenberg with one count commodities fraud and one count of commodities manipulation in relation to his exploit of Mango Markets. Eisenberg’s Oct. 11 exploit of Mango Markets worked by manipulating the value of the platform’s native token, MNGO, artificially inflating its price relative to USD Coin (USDC). Eisenberg and his team then took out “massive loans” against its inflated collateral, which drained Mango’s treasury of around $110 million worth ...
U.S. blocks websites linked to Iranian disinformation
The U.S. Justice Department on Tuesday blocked some three dozen websites, many of them associated with Iranian disinformation activities, a U.S. government source said, adding an official announcement was expected. The source in Washington spoke after notices appeared earlier on Tuesday on a number of Iran-affiliated websites saying they had been seized by the United States government as part of law enforcement action. Iranian news agencies said that the U.S. government had seized several Iranian media websites and sites belonging to groups affiliated with Iran such as Yemen’s Houthi movement. Some sites later started to display as normal. The website of the Arabic-language Masirah TV, which is run by the Houthis, read: “The domain almasirah.net has been seized by the United States Governm...
EFCC: Top government officials involved in illicit financial flows
The Economic and Financial Crimes Commission (EFCC), has accused Nigerian leaders and top government officials of aiding the Illicit Financial Flows (IFF) activities in the country. The EFCC also revealed that corrupt government officials and their private sector collaborators used fronts and ownership structures that do not provide sufficient information about the true identities of the natural persons behind the title to hide illicit money and transferred same to safe havens abroad. The Executive Chairman of the EFCC, Mr. Abduralsheed Bawa, disclosed this during a one-day conference that was organised by the Civil Society Legislative Advocacy Centre (CSLAC) on IFF on Corruption in Arbitration in Abuja Bawa, who was represented by the Head of Research Unit, Department of Policy Research a...
FBI probing threat to crash airplane into U.S. Capitol to avenge Iranian general’s assassination – reports
The Federal Bureau of Investigation (FBI) is investigating the crashing by unknown persons, of radio frequencies used by U.S. air traffic controllers, to broadcast a threat to fly an airplane into U.S. Capitol in revenge for the assassination of prominent Iranian General Qasem Soleimani. U.S. broadcaster CBS news reported this on Wednesday. Congress is due to convene for a meeting later in the day to certify Joe Biden’s victory in the presidential election. “We are flying a plane into the Capitol Wednesday. “Soleimani will be avenged,” what sounded like an electronically generated male voice said on the audio recording, published by CBS. According to the broadcaster, citing sources, while the threat is not treated as credible by the U.S. government, it is being investigated as a breach of ...
US election: FBI probes robocalls urging voters to ‘stay home’
The Federal Bureau of Investigation (FBI) is investigating calls that seek to discourage people from voting, a senior official at the Department of Homeland Security told reporters on Tuesday. Authorities would not offer details. US state and local officials have been raising the alarm over at least two separate automated call campaigns as millions of people cast their votes on Tuesday to decide between President Donald Trump and challenger Joe Biden. Janaka Stucky, 42, a Democratic voter who lives in Medford, Massachusetts, was one of the many who received the robocall on Tuesday. “My first thought was that actually, it was a municipal test call for a COVID lockdown thing,” he told the Reuters news agency. “The more I thought about it I was like, oh this actually feels really off and weir...
Grand jury indicts Woodberry for ‘wire fraud’
Olalekan Ponle, a Nigerian held in the United States for alleged multi-million-dollar fraud, has been indicted by the grand jury, a group of lawyers empowered to conduct legal proceedings and investigate potential criminal conduct. Ponle, popularly known as Woodberry, alongside Ramoni Abbas, also known as Hushpuppi, was arrested in the United Arab Emirate on June 10 for multiple fraud charges after a raid by operatives of the Dubai crime unit. According to the complaint, an unnamed Chicago company was defrauded into sending wire transfers totalling $15.2 million. Companies based in Iowa, Kansas, Michigan, New York and California also were victims of the fraud, prosecutors say. Newsmen reported how the Federal Bureau of Investigation (FBI) nabbed Ponle through details accessed from his What...
FBI: Hushpuppi attempted to dupe Premier League club of £100 million
Alleged international fraudster, Ramon Abbas aka Ray Hushpuppi, on Friday made his first court appearance in an American court where the Federal Bureau of Investigation alleged that he attempted to dupe an English Premier League football club of £100m (N48.4bn). The allegation is contained in an affidavit deposed to by FBI Special Agent, Andre Innocenti, who is assigned to the Los Angeles Filed Office High-tech Organise Crime Squad. According to the FBI, the suspect is facing charges of conspiracy to commit money laundering among others. The affidavit read in part, “Abbas and others further conspired to launder hundreds of millions of dollars from other fraudulent schemes and computer intrusions, including one scheme to steal £100 million (approximately $124 million) from an English Premie...
George Floyd: We’ll evaluate evidence – US
The United States says it will compile and evaluate information obtained from witnesses in the killing of a black man, George Floyd. In a joint statement on Thursday, the US Attorney’s Office for the District of Minnesota, the Department of Justice Civil Rights Division and the Federal Bureau of Investigation’s Minneapolis Field Office said they were conducting a “robust criminal investigation” into the circumstances surrounding Floyd’s killing on May 25. “The Department of Justice asks for cooperation from all witnesses who believe they have relevant information and urges calm as investigators methodically continue to gather facts. “The Department of Justice and FBI’s comprehensive investigation will compile all available information and thoroughly evaluate evidence and information obtain...
FBI chief orders internal review of Michael Flynn investigation
European Photopress Agency Christopher Wray, director of the Federal Bureau of Investigation (FBI), said on Friday he has ordered an internal review of the investigation into President Donald Trump’s former national security adviser Michael Flynn. In a statement, Wray said he ordered the FBI’s inspection division to conduct an after-action review of the Flynn investigation to “evaluate the relevant facts related to the FBI’s role in the Flynn investigation and determine whether any current employees engaged in misconduct.” The review is also aimed to “evaluate any FBI policies, procedures, or controls implicated by the Flynn investigation and identify any improvements that might be warranted,” said the statement. “The after-action review will complement the already substantial assistance t...
