fraud

Trump’s pardons have shortchanged fraud victims of millions of dollars in restitution, lawyers say

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Trump’s pardons have shortchanged fraud victims of millions of dollars in restitution, lawyers say

In April, fresh off a presidential pardon that sprung him from prison, convicted fraudster Jason Galanis embarked on a new and audacious legal fight: an attempt to recover money that he had already paid back his victims. As part of his 2017 sentence, a federal judge ordered Galanis to pay more than $80 million in … Read more

FTC chair Lina Khan warns AI could ‘turbocharge’ fraud and scams

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FTC chair Lina Khan warns AI could ‘turbocharge’ fraud and scams

Washington CNN  —  Artificial intelligence tools such as ChatGPT could lead to a “turbocharging” of consumer harms including fraud and scams, and the US government has substantial authority to crack down on AI-driven consumer harms under existing law, members of the Federal Trade Commission said Tuesday. Addressing House lawmakers, FTC chair Lina Khan said the … Read more