A jury took less than five hours to convict former FTX CEO Sam Bankman-Fried of fraud and money laundering. Michael M. Santiago/Getty Images hide caption
financial fraud
Sam Bankman-Fried leaves a Manhattan federal court in New York City on Jan. 3, 2023. Ed Jones/AFP via Getty Images hide caption
Sam Bankman-Fried is accused of defrauding the company's customers, investors and lenders. He's set to take the stand on his own defense starting as early as Thursday. Michael M. Santiago/Getty Images hide caption
FTX founder Sam Bankman-Fried leaves the courthouse following his arraignment in New York City on Dec. 22, 2022. Bankman-Fried's trial just concluded its second week, with explosive testimony from former girlfriend Caroline Ellison. Ed Jones/AFP via Getty Images hide caption
Criminal mastermind or hapless dude? A look into Sam Bankman-Fried's trial so far
Caroline Ellison leaves federal court in Manhattan after testifying during the trial of former FTX CEO Sam Bankman-Fried on Oct. 10. Ellison said Bankman-Fried was the main decision-maker and steered her to transfer funds from cryptocurrency exchange FTX to Alameda Research, a financial firm she headed. Michael M. Santiago/Getty Images hide caption
A judge's ruling that Donald Trump committed fraud as he built his real-estate empire could strip the former president of his authority to make major decisions about the future of his marquee properties in New York. Artie Walker Jr./AP hide caption
Former FTX chief Sam Bankman-Fried leaves the Federal Courthouse following a bail hearing in New York City on July 26, 2023. Angela Weiss/AFP via Getty Images hide caption
FTX founder Sam Bankman-Fried arrives at the U.S. Federal Court in New York for a hearing on Feb. 16, 2023. As he awaits trial, the disgraced former CEO is defending himself in the court of public opinion. Timothy A. Clary/AFP via Getty Images hide caption
Disgraced FTX founder Sam Bankman-Fried has another big problem: He won't shut up
Two students in Oregon allegedly defrauded Apple out of nearly $900,000, according to a criminal complaint. Mary Altaffer/AP hide caption
Federal prosecutors with the Department of Justice have charged William and Robert Tierney with pilfering nearly $4 million from conservative political donors by setting up sham political action committees. Patrick Semansky/AP hide caption
Investors in Zhongjin, a wealth-management company that collapsed this month, demonstrate outside a police office in Shanghai's Hongkou district, demanding repayment of their funds. Police later detained one of the demonstrators for distributing protest T-shirts. Frank Langfitt/NPR hide caption
Chinese Investors Reeling After Wealth Management Firm's Collapse
To protect against fraud, U.S. banks will be issuing credit cards with small computer chips. But some experts say using a PIN to complete a transaction is more secure than a signature. iStockphoto hide caption
U.S. Credit Cards Tackle Fraud With Embedded Chips, But No PINs
A directory board of Hong Kong Monetary Authority in Hong Kong. The territory's de facto central bank said evidence shows UBS tried to manipulate the interbank lending rate. Tyrone Siu/Reuters/Landov hide caption
Michael Steinberg (left) departs federal court in Manhattan on Wednesday after being found guilty on charges that he traded on insider information. Lucas Jackson/Reuters/Landov hide caption