#wirefraud — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #wirefraud, aggregated by home.social.
-
Another Look at the Revised Schedule of Trump’s Intel Trades
The Wall Street Journal last week reported on “Trump’s trading surges around major policy decisions,” most notably around his Liberation Day tariffs and the pause on tariffs he announced one week later. It was, essentially, a bear raid conducted across the board and under cover of US trade policy. The Intel trades I’ve been looking at work in roughly the same way, clustering around closed-door discussions with Intel and major, market-moving announcements.
The August 2025 trades called out in my last post look the most brazen, since they were made in connection with the government taking a 10 percent stake in Intel. But there’s notable activity before then, and another look at the schedule of Trump’s Intel trades can help put the August trades in context.
Up until August, 2025, and at least since Trump’s inauguration in January of 2025, four of Trump’s eight brokerage accounts (Accounts 5, 6, 7, and 8) are trading Intel, buying when the stock was in the $19-23 range and selling under $22, and usually on days when the stock closed below $20.
Most of the purchases and sales look like nothing more than well-executed brokerage trades made on public information, but even those prompt questions.
For example, does it look as if these eight accounts are making coordinated moves, or is it more likely they are managed separately? Hard to say, but worth considering. The evidence points both ways. On May 5 and June 5, for example, accounts 7 and 8 trade in opposite directions; that might indicate a manager balancing the risk of a buy with a sale. On August 7, the day Trump calls (at 8AM, before markets open) for Intel CEO Lip-Bu Tan to resign, Account 7 sells, apparently in reaction to the news; but others do not. *
The accounts could be run with different investment and tax objectives from, say, a single family office. Or are they run from different offices? “It’s given to big firms,” Trump told CNBC the other day, adding that his son Eric is the one who “gives it into these like semi-blind trusts or blind trusts where people invest.” (The softball interview didn’t probe any further; CNBC’s Joe Kernen even went out of his way to endorse the Commerce stake, asserting that it’s “better to have equity than a loan…for the country.”)
Some of the eight accounts are blinder than others. Consider Account 6, the only one of the four accounts that does not sell during this January to August period. It is long INTC. On May 6, 2025, Account 6 buys $50-100K worth of Intel; on May 28 and again on July 1, 2025, $15-50,000; and on July 23, 50-100K. So before August, Account 6 holds 130-300K of Intel. Then on August 18, as Lutnick pulls together the deal for the Intel stake, and one day before he touts it on CNBC, Account 6 makes its big move, buying $250,000-500,000 of Intel stock. Not only is that bet at least 2.5X and possibly 10X its single biggest purchase to date; the move also doubles (or nearly doubles) Account 6’s overall stake in the company.
Whoever is managing Account 6 – and that would be worth knowing – looks exceptionally confident. Other accounts are making more measured bets as the talks with Intel proceed. On August 7, the day Trump calls for Tan’s resignation, one of his eight brokerage accounts (Account 7) sells $15,001-50,000 worth of Intel stock; the sale looks like the previous sales, executed at a 22.1 on a day when INTC closed at 19. And on August 15, while the government and the Intel board are talking, another account (Account 5) makes a relatively small purchase, in the 1,001-15,000 range.
The complaint filed in the Intel shareholder lawsuit over the government’s taking of the equity stake fills out the August picture a little more. It describes a call between Intel Chief Financial Officer David Zinsner and David Shapiro, General Counsel at the US government’s CHIPS Program Office, about a week after Trump met with Intel CEO Lip Bu Tan.
Confirming that a deal had been struck in principle between the President and Tan during the August 11 meeting, on August 18, 2025, CPO general counsel, Dave Shapiro, “sent a clear message” in a call to Intel CFO Zinsner that Intel “should not make the ‘mistake of thinking that this is a negotiation[]’ and ‘the President is expecting to announce a deal on these terms on Friday’” [22 August 2025]… The “CPO acknowledged that the Board could choose not to accept the offer, but noted that rejection will have consequences that [Shapiro] cannot predict and that [the B]oard needs to consider benefits of having a friend in this administration and what the administration can do to help Intel (including with customers).”
…CPO general counsel Shapiro’s statement that the Board had no ability to negotiate against the government and that, should the Company not agree to the Administration’s demands, the consequences would be unpredictable and decidedly unfriendly, was a direct threat to Intel and to the members of its Board. [emphasis mine]
This is the sort of stuff Greg Mankiw was talking about when he told the Times back in September of 2025 that the Intel deal struck him as “kind of a shakedown. It’s like when the mob comes to visit.” It now appears that some of Trump’s buying and selling of Intel stock was coordinated with the shakedown.
“Intel came in,” Trump told CNBC. “They had a problem. I said, I can solve your problem, but I want 10% of the company.” What he failed to mention (and what Joe Kernen failed to counter with) is that Trump and his henchmen had created, or at least severely exacerbated, the problem.
On March 4, 2025, Trump calls the CHIPS Act a “horrible horrible thing” in his address to Congress and declares, “We’re not giving them any money.” (Account 8 buys INTC the next day.) Grants were essentially frozen. There was now a “significant amount of uncertainty,” in the words of Intel CFO David Zinsner, that the government would ever make good on its pledge of $8 billion in grants.
As uncertainty grew existential, Intel came to the table.
At the table, there would be no “negotiation,” as attorney Shapiro made clear. Instead, the Secretary of Commerce and his legal muscle threatened the Intel Board with “consequences” and extorted the government stake while Trump, or Trump’s investment manager, was betting on their all-but-guaranteed capitulation.
*Update 10 July 2026: The Wall Street Journal today reports that Account 7 is managed by Schwab and uses “automated strategies” like direct indexing to reduce capital gains. “UBS and JPMorgan Chase are two of the other financial firms handling investment accounts for the first family.” The Journal does not specify which if any of these firms controls Account 6, which is obviously following a different strategy.
#INTC #corporateGovernance #corruption #ethics #extortion #governance #governmentEthics #Intel #kleptocracy #PaisnerVLipBuTan #PaisnerVTan #power #securitiesFraud #threats #wireFraud -
Congressman Releases Video Detailing How America's 250th Anniversary Was Hijacked By Trump And A Private Shadow Organization For Profit and Fraud
-
Elder Data Trafficker Draws 10-Year Sentence
A massive data scam that compromised the personal info of over 7 million elderly Americans has landed its mastermind, 57-year-old Troy Murray, a 10-year prison sentence - a major victory in the fight against these heartless crimes. Murray, who went by the alias "Steve Dixon," was found guilty of running a scheme that sold sensitive data, including names,…
#DataTrafficking #ElderAbuse #WireFraud #OverseasScams #Conspiracy
-
Ex-NFL player John Leake, convicted of $8M Ponzi scheme, should have league benefits garnished, fed say https://www.rawchili.com/nfl/880443/ #CommercialRealEstate #Crime #Football #gambling #PonziSchemes #USNews #WireFraud
-
Former Hawks executive Jones sentenced for embezzling $3.7M from team https://www.rawchili.com/nba/721523/ #$37Million #Atlanta #AtlantaHawks #AtlantaHawks #Basketball #CorporateCrime #embezzlement #FinanceExecutive #Hawks #LesterJones #LuxuryApparel #NBA #PrisonSentence #WireFraud
-
US Charges Chinese Nationals in Myanmar Scam Compounds
The US has charged two Chinese nationals, Jiang Wen Jie and Huang Xingshang, with running forced-labor scam compounds in Myanmar that targeted Americans to the tune of at least $7.2 billion in 2025. Authorities have also seized over 503 domains used to perpetrate the fraud, dealing a significant blow to the scam operations.
#UschinaRelations #ForcedLabor #ScamCompounds #WireFraud #SoutheastAsia
-
Scattered Spider Member Pleads Guilty to $8 Million Crypto Heist
A 24-year-old British hacker, Tyler Robert Buchanan, has pleaded guilty to masterminding an $8 million crypto heist as part of the notorious Scattered Spider cybercrime group. His downfall began with a trail of seemingly harmless text messages that ultimately led to his guilty plea.
#ScatteredSpider #CryptoHeist #Simswapping #PhishingAttacks #WireFraud
-
British Hacker Pleads Guilty to Crypto Theft Charges
A British hacker, allegedly the mastermind behind the notorious Scattered Spider cybercrime collective, has pleaded guilty to wire fraud and aggravated identity theft charges in a US court, dealing a significant blow to the shadowy network. This guilty plea marks a major win for law enforcement and raises important questions about the future of…
#ScatteredSpider #CryptoTheft #Cybercrime #WireFraud #IdentityTheft
-
Scattered Spider Operative Pleads Guilty to US Federal Charges
In a major breakthrough, Tyler Robert Buchanan, a senior figure in the notorious Scattered Spider cybercrime group, has pleaded guilty to federal charges, bringing an end to his digital crime spree. Buchanan admitted to conspiracy to commit wire fraud and aggravated identity theft in a US federal district court.
#ScatteredSpider #Cybercrime #Conspiracy #WireFraud #IdentityTheft
-
More Virgin Islands corruption: Another appointee of Democrat governor reaps whirlwind
-
Pitching Scandal Presents Challenges for Prosecution, Defense https://www.rawchili.com/mlb/488878/ #Baseball #Bribery #BurdenOfProof #Cleveland #ClevelandGuardians #ClevelandGuardians #CriminalConspiracy #ExciseTax #Guardians #HonestServicesFraud #IndictmentAndInformation #MLB #MoneyLaundering #Sentencing #WireFraud
-
Former Atlanta Hawks executive pleads guilty to wire fraud https://www.rawchili.com/nba/480709/ #anf #Atlanta #AtlantaHawks #AtlantaHawksFraud #AtlantaNewsFirst #AtlantaHawks #Basketball #EasternConference #FormerHawksExecutivePleadsGuilty #Hawks #HawksFinancialPlanningVP #HawksFinancialPlanningVPFraud #HawksFinancialPlanningVPPleadsGuiltyToFraud #LesterJones #LesterJonesPleaDeal #NationalBasketballAssociation #NBA #NBAExecutiveWireFraud #NbaSoutheastDivision #SportsTeamEmbezzlement #wanf #WireFraud
-
Federal Grand Jury Charges Former Manager with Government Contractor Fraud https://thecyberexpress.com/government-contractor-fraud/ #JusticeDepartmentCriminalDivision #Federalagenciescybersecurity #Federalgrandjuryindictment #GovernmentContractorFraud #TheCyberExpressNews #USArmycloudplatform #Cloudsecurityfraud #FedRAMPcompliance #TheCyberExpress #FirewallDaily #Governance #CyberNews #wirefraud
-
Federal Grand Jury Charges Former Manager with Government Contractor Fraud https://thecyberexpress.com/government-contractor-fraud/ #JusticeDepartmentCriminalDivision #Federalagenciescybersecurity #Federalgrandjuryindictment #GovernmentContractorFraud #TheCyberExpressNews #USArmycloudplatform #Cloudsecurityfraud #FedRAMPcompliance #TheCyberExpress #FirewallDaily #Governance #CyberNews #wirefraud
-
Cleveland Guardians pitchers charged in game-fixing scheme 41NBC News https://www.rawchili.com/mlb/424786/ #Baseball #BettingScandal #Bribery #Cleveland #ClevelandGuardians #ClevelandGuardians #EmmanuelClase #FederalIndictment #Guardians #LuisOrtiz #MLB #NBCNews #SportsCrime #SportsIntegrity #WireFraud
-
Cleveland Guardians pitchers indicted over alleged betting scheme https://www.rawchili.com/mlb/424710/ #Baseball #BettingScandal #Cleveland #ClevelandGuardians #ClevelandGuardians #EmmanuelClase #Guardians #latest #LuisOrtiz #MLB #WireFraud
-
Ex-Hawks SVP allegedly embezzled $3.8 million to fund lavish lifestyle, even a Porsche https://www.rawchili.com/nba/387613/ #AmericanExpress #Atlanta #AtlantaHawks #AtlantaHawks #Basketball #embezzlement #Hawks #LasVegas #LesterJones #NBA #NbaCup #Porsche #SVP #WireFraud #WynnHotel
-
Who is Lester Jones? Former Atlanta Hawks executive accused of stealing $3.8 million for surprising reasons | NBA News https://www.rawchili.com/nba/387163/ #Atlanta #AtlantaHawks #AtlantaHawks #Basketball #embezzlement #FinancialPlanningAndAnalysis #Hawks #LavishLifestyle #LesterJones #NBA #U.S.Attorney'sOffice #WireFraud
-
Formerly talkative #SanLeandro city councilman goes mum in eye of #OaklandMayor #EvolutionaryHomes #TheDemocrats #KaChingDuong #Vietnam Junket Hurricane is now also charged by #FBI with #corruption : multiple charges include #conspiracy to commit #wirefraud, as well as lying to a government agency.
https://www.eastbaytimes.com/2025/10/28/federal-wire-fraud-false-statements-charges-filed-against-san-leandro-councilman-bryan-azevedo/?share=nnfamwoeebhaudnrnait #GiftLink
-
Formerly talkative #SanLeandro city councilman goes mum in eye of #OaklandMayor #EvolutionaryHomes #TheDemocrats #KaChingDuong #Vietnam Junket Hurricane is now also charged by #FBI with #corruption : multiple charges include #conspiracy to commit #wirefraud, as well as lying to a government agency.
https://www.eastbaytimes.com/2025/10/28/federal-wire-fraud-false-statements-charges-filed-against-san-leandro-councilman-bryan-azevedo/?share=nnfamwoeebhaudnrnait #GiftLink
-
NBA Miami Heat player, others charged in widespread sports betting scandal https://www.rawchili.com/nba/362667/ #Basketball #FBIInvestigation #GamblingScandal #heat #indictment #Miami #MiamiHeat #MiamiHeat #NBA #SportsBetting #TerryRozier #WireFraud
-
One indictment in the case lists 32 defendants, including the former #NBA guard #DamonJones & the #PortlandTrailBlazers coach #ChaunceyBillups, who are both charged with #WireFraud conspiracy & #MoneyLaundering conspiracy, according to the docket sheet in the case.
Many of the other defendants also face those charges, along with counts accusing them of operating an illegal #gambling enterprise & conspiracies to commit #extortion & #robbery.
-
One indictment in the case lists 32 defendants, including the former #NBA guard #DamonJones & the #PortlandTrailBlazers coach #ChaunceyBillups, who are both charged with #WireFraud conspiracy & #MoneyLaundering conspiracy, according to the docket sheet in the case.
Many of the other defendants also face those charges, along with counts accusing them of operating an illegal #gambling enterprise & conspiracies to commit #extortion & #robbery.
-
#FBI joker #KashPatel, in his opening remarks at the news conference, said that the 2 schemes enveloped both the #NBA & #OrganizedCrime, & involved charges of #WireFraud, #MoneyLaundering, #extortion & illegal #gambling.
Patel called the fraud “mind-boggling,” & said the schemes involved “tens of millions of dollars” in #theft, fraud & #robbery.
-
#FBI joker #KashPatel, in his opening remarks at the news conference, said that the 2 schemes enveloped both the #NBA & #OrganizedCrime, & involved charges of #WireFraud, #MoneyLaundering, #extortion & illegal #gambling.
Patel called the fraud “mind-boggling,” & said the schemes involved “tens of millions of dollars” in #theft, fraud & #robbery.
-
Some people participated in both schemes…. One involved illegal #poker games that were set up by #OrganizedCrime families & also involved at least one #NBA coach & fmr players in the league….
The case is expected to involve more than two dozen defendants, according to two people with knowledge of the matter, & to involve charges of #gambling, #MoneyLaundering & #WireFraud.
[guess Trump is pissed he was left out 😜]
#law #sports #TerryRozier #MiamiHeat #ChaunceyBillups #PortlandTrailBlazers
-
Some people participated in both schemes…. One involved illegal #poker games that were set up by #OrganizedCrime families & also involved at least one #NBA coach & fmr players in the league….
The case is expected to involve more than two dozen defendants, according to two people with knowledge of the matter, & to involve charges of #gambling, #MoneyLaundering & #WireFraud.
[guess Trump is pissed he was left out 😜]
#law #sports #TerryRozier #MiamiHeat #ChaunceyBillups #PortlandTrailBlazers
-
Tech Pulse: Agent AI adoption remains slow; title fraud thwarted in Ohio
-
A Houston man has pleaded guilty to stealing money from more than 100 people under the false pretense of being able to provide them with legal immigration status as an attorney.
#Court #Crime #Houston #Immigration #Local #News #ImmigrationAttorney #ImmigrationStatus #MailFraud #SouthernDistrictOfTexas #USAttorneySOffice #WireFraud
-
A Houston man has pleaded guilty to stealing money from more than 100 people under the false pretense of being able to provide them with legal immigration status as an attorney.
#Court #Crime #Houston #Immigration #Local #News #ImmigrationAttorney #ImmigrationStatus #MailFraud #SouthernDistrictOfTexas #USAttorneySOffice #WireFraud
-
A man with ties to the Houston area has been arrested and indicted by a federal grand jury on several criminal charges related to a 2023 fire in Huntsville that killed two people.
#Court #Crime #Houston #Local #News #ArsonCharges #Huntsville #SanJacintoCounty #TexasDepartmentOfPublicSafety #USSouthernDistrictCourtOfTexas #WireFraud
-
A man with ties to the Houston area has been arrested and indicted by a federal grand jury on several criminal charges related to a 2023 fire in Huntsville that killed two people.
#Court #Crime #Houston #Local #News #ArsonCharges #Huntsville #SanJacintoCounty #TexasDepartmentOfPublicSafety #USSouthernDistrictCourtOfTexas #WireFraud
-
(continuing) Starting to work my way through the Complaint. There are four counts in the complaint, one each of:
Conspiracy to Commit Computer Intrusions;
Conspiracy to Commit Wire Fraud;
Accessing a Protected Computer to Defraud and Obtain Value; and
Wire FraudThe complaint does not mention ShinyHunters at all. It mentions his group, “CyberN[------]" extensively and his and the group's activity on a forum that they do not name but is clearly Breach Forums in both its iterations.
From the complaint, it appears that at least one member of CyberN----- is being considered CC-1 (co-conspirator 1). It also appears that West's posts and sales listings on the forums would have raised more than $2 million in sales.
The complaint also details all the OpSec mistakes West made that enabled law enforcement to track his activities and identify him. Making sales to undercover agents was among his poorer decisions, but there were other errors that appear to be more significant, including giving an undercover agent a BTC wallet to make payment to when that wallet had a history that could be analyzed, and the wallet had been created by an online banking account in West's name, etc.
As is typical, the court filing does not name the victim entities, but you may be able to recognize some of them if you were on the forum a lot.
You can read the complaint at https://www.justice.gov/usao-sdny/media/1404616/dl?inline while I go take a look at the indictment.
-
Noah Urban, aka "King Bob" and a suspected member of Scattered Spider, pleaded guilty this week in a case involving wire fraud, cryptocurrency theft, phishing, and simswapping. He had cases against him in Florida and California. Other people indicted with him have yet to be tried or to make plea deals, and one young man from Scotland has been detained in Spain pending determination of extradition request (I haven't found any update on the extradition case).
or jump directly to Urban's plea agreement:
https://storage.courtlistener.com/recap/gov.uscourts.flmd.422789/gov.uscourts.flmd.422789.66.0.pdf#wirefraud, #cryptocurrency, #phishing, #simswapping, #identitytheft
-
Payment Fraud Detection and Prevention: Here’s All To Know – Source: www.techrepublic.com https://ciso2ciso.com/payment-fraud-detection-and-prevention-heres-all-to-know-source-www-techrepublic-com/ #rssfeedpostgeneratorecho #SecurityonTechRepublic #SecurityTechRepublic #CyberSecurityNews #creditcardfraud #FraudDetection #CloudSecurity #friendlyfraud #paymentfraud #0CISO2CISO #bankfraud #wirefraud #payments #Phishing #Security
-
#Trump on Friday commuted the sentence & probation of #CarlosWatson, a co-founder of the now-defunct #digital #media company Ozy Media, on the day he was set to surrender to prison.
Watson was sentenced in Dec to almost 10yrs in #prison for #fraud, #IdentityTheft, #SecuritiesFraud, & #WireFraud.
Watson & Ozy were also ordered to pay $96M in restitution & forfeiture. As part of Trump’s commutation, they will no longer have to pay.
#law #felon47 #CFPB #SEC #corruption
https://www.cnbc.com/2025/03/28/trump-commutes-sentences-of-ozy-media-founder-carlos-watson-and-company.html -
The Register: Arizona laptop farmer pleads guilty for funneling $17M to Kim Jong Un. “An Arizona woman who created a ‘laptop farm’ in her home to help fake IT workers pose as US-based employees has pleaded guilty in a scheme that generated over $17 million for herself… and North Korea. Christina Marie Chapman pleaded guilty to conspiracy to commit wire fraud, aggravated identity theft, and […]
-
Kevin Driscoll, a dpty asst AG in the #DOJ’s #criminal division, also resigned…. A longtime career ofcl, Driscoll’s portfolio included the #PublicIntegrity Section, which is responsible for investigations related to elected ofcls. John D. Keller—acting chief of the public integrity section—resigned as well….
#EricAdams was charged w/ #WireFraud, #bribery & seeking illegal campaign #donations. -
FBI Investigation Uncovers $880K Fraud Scheme by New Jersey Man Targeting Elderly Woman https://thecyberexpress.com/new-jersey-man-charged-with-wire-fraud/ #TheCyberExpressNews #AnthonyPetrosino #schemetodefraud #TheCyberExpress #FirewallDaily #creditcard #CyberNews #wirefraud
-
Nigerian Cyber Criminal Extradited to Nebraska for Multi-Million Dollar Fraud Scheme https://thecyberexpress.com/abiola-kayode-wire-fraud-charges/ #MostWantedCyberCriminalList #BusinessEmailCompromise #TheCyberExpressNews #TheCyberExpress #FirewallDaily #CyberNews #wirefraud #BEC #FBI
-
🚨 In our latest episode of the @sharedsecurity #podcast we unpack the staggering fallout from the Change Healthcare breach and share vital tips to protect yourself from mortgage wire fraud.
Tune in for insights and stay secure! 🔒
Watch on YouTube:
https://youtu.be/fAJRjP-JXe4Listen and subscribe!
https://sharedsecurity.net/subscribe -
Fake Coinbase website leads to $20M fraud, 5-year sentence - A phishing scam netted a fraudster luxury cars and foreign vacations, an... - https://cointelegraph.com/news/chirag-tomar-sentenced-coinbase-fraud-fake-websites #cryptocurrencyfraud #coinbasescam #fakewebsites #phishingscam #chiragtomar #cryptocrime #coinbasepro #usattorney #wirefraud
-
20-Year Prison Sentence Looms for Man Accused of Crypto Money Laundering Scheme - A North Carolina man has been indicted for allegedly laundering more than $380,000... - https://news.bitcoin.com/20-year-prison-sentence-looms-for-man-accused-of-crypto-money-laundering-scheme/ #stoleninformation #paymentplatforms #moneylaundering #cryptocurrency #binance.us #wirefraud #gastonia #keys‘ngo #binance #crypto #square #stripe #legal #doj
-
DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist - A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrenc... - https://news.bitcoin.com/doj-charges-21-year-old-in-37m-cyber-intrusion-and-crypto-heist/ #evanfredericklight #virtualcurrencies #moneylaundering #cryptocurrency #mixingservices #cybercriminal #cryptotheft #southdakota #cybercrime #wirefraud #crypto #legal #doj #fbi #pii
-
A former Houston Livestock and Rodeo VP has been convicted of wire fraud for allegedly using his connections through the rodeo to make false loans.
#Crime #Houston #HoustonLivestockShowAndRodeo #Local #News #Fbi #HoustonLiveStockShowAndRodeo #MichaelWayneGalvan #USSouthernDistrictCourtOfTexas #WireFraud