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Bank Fraud Financial Fraud Regulatory

Federal Charges Filed Against Ex-Bank Manager in Alleged Customer Fraud

Posted on: August 24, 2025

A federal indictment has been filed against Weixin “Tony” Chen, a former manager at Cathay Bank in Los Angeles, for allegedly stealing hundreds of thousands from customer accounts […]

Bank Fraud Banking Financial Crime

Former L.A. Bank Manager Indicted for Alleged Financial Fraud

Posted on: August 24, 2025

Weixin ‘Tony’ Chen, former manager at Cathay Bank in Los Angeles, faces federal charges for allegedly stealing from customers through fraudulent account creation and fund transfers. No connection […]

Bank Fraud Cathay Bank Financial Crime

Former Cathay Bank Manager Charged with Fraud, Faces Up to 30 Years in Prison

Posted on: August 24, 2025

A former bank manager at Cathay Bank in Los Angeles has been charged with stealing from hundreds of thousands of dollars in customer accounts through fraudulent operations. Weixin […]

Bank Fraud Cryptocurrency Financial Crime

Nevada Man Sentenced for $7.9 Million Bank Fraud Scheme

Posted on: June 1, 2025

Duncan-Carle, a Las Vegas resident, was sentenced to 72 months in prison after admitting to stealing over $7.9 million from U.S. Treasury checks between January and September 2023. […]

Bank Fraud Financial Crimes Fraud

Police Search For Woman Accused of $185K Bank Fraud

Posted on: May 25, 2025

Authorities in Louisiana are seeking Tashiuntay Miles, accused of depositing $185,000 in fraudulent checks into her account at a local bank. The alleged fraud has not impacted cryptocurrency […]

Bank Fraud Cybersecurity SIM Swap

Bank of America Reimburses $38,000 Stolen via SIM-Swap Attack

Posted on: May 3, 2025

A Bank of America customer had $38,000 stolen in a SIM-swap attack, prompting the bank to reimburse the individual after public pressure. This incident highlights the vulnerability of […]

Bank Fraud Cryptocurrency Fraud

FBI Secures $8 Million in Crypto Funds to Help Bank Fraud Victims

Posted on: April 4, 2025

In a major win for victims of bank fraud, the FBI has recovered over $8 million in cryptocurrency assets. This action was possible thanks to the cooperation of […]

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