Tag: FBI

Fictitious Law Firms Targeting Cryptocurrency Scam Victims Offering to Recover Funds

The Federal Bureau of Investigation (FBI) is issuing this announcement to inform the public of an emerging criminal tactic used to further defraud cryptocurrency scam victims. This PSA is an update to Alert Number I-081123-PSA, published on 08/11/2023, titled, “Increase in Companies Falsely Claiming an Ability to Recover Funds Lost in Cryptocurrency Investment Scams.” Using social media or other messaging…

Read More

FBI Guidance to Victims of Cyber Incidents on SEC Reporting Requirements — FBI

The Securities and Exchange Commission’s new requirements for companies to disclose material cybersecurity incidents take effect on December 18, 2023. The FBI, in coordination with the Department of Justice, is providing guidance on how victims can request disclosure delays for national security or public safety reasons. *** The FBI recommends all publicly traded companies establish a relationship with the cyber…

Read More

FBI Director Wray criticizes selection of new headquarters site, citing ‘potential conflict’

In his unusually pointed letter to staffers, Wray said the FBI has “concerns about fairness and transparency in the process and GSA’s failure to adhere to its own site selection plan,” adding that a senior GSA executive overruled a board decision and picked land that is owned by the executive’s previous employer, the Washington Metropolitan Area Transit Authority. A three-member…

Read More

Binance.US Hires Former FBI Agent BJ Kang as Head of Investigations – WSJ

The U.S. arm of Binance, the world’s largest cryptocurrency exchange by trading volume, has hired former FBI agent BJ Kang as its first head of investigations. In his new role, Mr. Kang will work closely with law enforcement, regulators and other crypto companies, Binance.US said. The company said it will build Binance.US’ own “investigations infrastructure” to identify and mitigate crypto-related…

Read More

Cyber Criminals Create Fraudulent Cryptocurrency Investment Applications to Defraud US Investors

The FBI is warning financial institutions and investors about cyber criminals creating fraudulent cryptocurrency investment applications (apps) to defraud cryptocurrency investors. The FBI has observed cyber criminals contacting US investors, fraudulently claiming to offer legitimate cryptocurrency investment services, and convincing investors to download fraudulent mobile apps, which the cyber criminals have used with increasing success over time to defraud the…

Read More

FBI Offers $100,000 Reward for Capture of Ten Most Wanted Fugitive ‘Cryptoqueen’ — FBI

Investigators say Ignatova allegedly took part in a large-scale fraud scheme. Beginning in approximately 2014, Ignatova and others are alleged to have defrauded billions of dollars from investors all over the world. Ignatova was the founder of OneCoin Ltd., a Bulgaria-based company that marketed a purported cryptocurrency. In order to execute the scheme, Ignatova allegedly made false statements and representations…

Read More

The FBI Should Retire its Form 302 | LinkedIn

Finally, and perhaps most importantly, Form 302 of the U.S. Federal Bureau of Investigation (“302”), the memorandum used by FBI agents to memorialize their notes taken during a witness interview, can unintentionally create a materially misguided, mistaken, incomplete and wholly unreliable evidentiary record. Innocently characterized as an “interview memo,” the 302, with its “official” look and feel (including an agent’s…

Read More

Former FBI Chief of Staff Zack Harmon Returns to King & Spalding – King & Spalding

King & Spalding today announced that Zack Harmon has returned as a partner in the firm’s Special Matters and Government Investigations team, following his most recent role as Chief of Staff of the Federal Bureau of Investigation (FBI). Harmon will be based in the firm’s office in Washington, D.C. via Former FBI Chief of Staff Zack Harmon Returns to King…

Read More

FBI says conducting 30 undisclosed insider trading probes — Reuters

The FBI in New York City has undisclosed probes into about 30 suspected insider trading schemes, the agency said, in a sign investigators remains focused on building cases despite a court ruling that could curtail such prosecutions. The number of probes, which has not been previously reported, comes amid a resurgence of insider trading cases, with prosecutors in Manhattan charging…

Read More