Wells Fargo Will Pay $480 Million To Settle Securities Fraud LawsuitWells Fargo will pay $480 million to put to rest claims that the bank misled shareholders about its fake-accounts scandal.
Former Netflix VP Charged With Fraud, Money LaunderingA lawyer for a former Netflix executive indicted in federal court in San Jose on charges of taking an alleged $690,000 in kickbacks said Wednesday his client “vigorously disputes the allegations of the indictment.”
East Bay Tech Company Fined For H1-B Visa ViolationsThe Labor Department said information technology provider Cloudwick Technologies Inc. underpaid the employees hired from India who obtained special highly skilled worker visas.
5 Indicted in Alleged $80 Million California Recycling FraudThe owner and four employees of Recycling Services Alliance Corporation are charged with swindling the state's beverage container recycling program out of $80.3 million over several years.
DeVos Won't Fully Forgive Loans Of Students Defrauded By For-Profit CollegeThe Department of Education tells defrauded Corinthian Colleges students that it will forgive only one-half or less of their federal student loans.
Berkeley Man Pleads Guilty In Chili Peppers Concert Fraud SchemeA Berkeley entertainment agent pleaded guilty to fraud and admitted bilking two Eastern European concert promoters of $450,000 by promising to arrange performances of the Red Hot Chili Peppers.
$25M Deal Over Trump University Fraud Lawsuits Moves ForwardA federal appeals court on Tuesday upheld an agreement requiring President Donald Trump to pay $25 million to settle lawsuits accusing his now-defunct Trump University of fraud.
Federal Reserve Imposes New Penalties on Wells FargoThe Federal Reserve is imposing more penalties on Wells Fargo, freezing the bank's growth until it can prove it has improved its internal controls.
DA Clears Up Confusion About Napa County Fire Debris Lien NoticesSome property owners affected by the Napa County wildfires contacted the FBI about what they believed to be fraudulent debris removal bills.
Change-Of-Address Fraud: Easy For Crooks, Hard For Consumers To FixKPIX has learned the problem of mail change-of-address fraud may be much bigger than the U.S. Postal Service has been willing to admit.
Airbnb Hosts Found With Felony Records Despite Background ChecksMillions of people use Airbnb when they travel, trusting the property rental service will be safe. But that’s not always the case.
Wildfire Victims Warned Of Fake Aid Offers, Home Inspection Scams State and federal officials are warning victims of the wildfires in the North Bay to be cautious of scams and fraudulent phone calls as they begin to recover from the fires.