Short seller sues Tesla, Elon Musk, claiming buyout tweets were fraudulent

Enlarge / Elon Musk in 2016. (credit: PHILIPPE LOPEZ/AFP/Getty Images) Three days after Elon Musk tweeted that he had “funding secured” to take Tesla private, we still don’t know who, if anyone, has agreed to provide the billions of dollars needed to buy out the company. But plaintiffs’ lawyers aren’t waiting any longer for Musk […]

The Big, Emotional Ending of ‘Avengers: Infinity War’ is Fraudulent Bullshit

As “Avengers: Infinity War” grossed something like 400 bajillion dollars over the weekend, it seems like there’s a pretty good chance you’ve seen it, and thus we can talk a bit about its ending. But if you haven’t, and still plan to, bookmark and click away and come back after you have. Seriously. This is […]

Judge signs off on $25 million settlement in lawsuit against ‘fraudulent’ Trump University

Bebeto Matthews/AP Photo A federal judge on Monday signed off on a $ 25 million agreement to settle fraud claims arising from Trump University, the now-defunct education venture of US President Donald Trump. A US judge declared the settlement final after a former student agreed to drop further appeals. New York Attorney General Eric Schneiderman, […]

WhatsApp SCAM ALERT: Future update could HALT spread of fraudulent 99p charge messages

WHATSAPP • GETTY WhatsApp’s new scam alert tool could stop the spread of fraudulent messages WhatsApp is purportedly hard at work on a new scam alert system to halt the spread of spam messages. The system is designed to cut-down on chain-letter style messages by warning users when a message or link has been  forwarded […]

Uber sued over non-payment of ‘fraudulent’ mobile ads

(Reuters) — A British mobile advertising agency has sued Uber to force the ride-hailing company to pay millions of dollars of bills that Uber had refused to pay after claiming that ads being generated were fraudulent. Fetch Media filed its lawsuit on Tuesday in the same California federal court where Uber had sued Fetch in […]

Lawsuit based on a surreptitiously recorded phone call claims Google doesn’t refund advertisers who spend money on fraudulent clicks (GOOG)

Justin Sullivan / Getty Staff Google is being sued by an ad management company, AdTrader, that claims it does not refund advertisers whose money is spent on invalid or fraudulent clicks. The lawsuit is based in part on a surreptitiously taped phone call, in which a Google employee explains why AdTrader is being kicked off […]

Feds shut down allegedly fraudulent cryptocurrency offering

Enlarge / A diagram on the PlexCoin website illustrates the cryptocurrency’s revolutionary architecture. (credit: PlexCoin) The Securities and Exchange Commission on Monday announced that it was taking action against an initial coin offering (ICO) that the SEC alleges is fraudulent. The announcement represents the first enforcement action by the SEC’s recently created cyber fraud unit. […]

MalwareTech’s legal defense fund bombarded with fraudulent donations

Enlarge / Marcus Hutchins. (credit: Bloomberg via Getty Images) Marcus Hutchins, the popular British security researcher, has a new legal headache beyond the criminal charges against him. Hutchins, AKA “MalwareTech,” pleaded not guilty two weeks ago to criminal charges in Wisconsin that accuse him of creating and distributing the Kronos malware that steals banking credentials. […]

‘Identity theft’: Net neutrality group demands FCC action over ‘fraudulent’ comments

Hundreds of thousands of comments sent to the Federal Communications Commission (FCC) in favor of reversing Obama-era regulations used stolen identities and in some cases even dead people, a group that favors “net neutrality” rules said in a letter. Over 450,000 of the comments on the FCC’s plans to reverse the 2015 decision to regulate […]