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Arizona woman in North Korean IT workers scheme sentenced to 8.5 years for helping to trick Fortune 500 companies out of millions

“The call is coming from inside the house. If this happened to these big banks, to these Fortune 500, brand name, quintessential American companies,...

24.07.2025 2

Amanda Gerut

Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes ‘crazy’

He said his ownership stake is "a major concern," noting he hoped the Tesla board addresses the issue at its annual shareholder meeting in November.

24.07.2025 3

Amanda Gerut

AI tracked down nearly 80,000 ‘ghost students’ trying to enroll in California colleges

“The only answer for a bad guy with AI is a good guy with AI,” said Kiran Kodithala, whose AI platform is front-and-center in California’s fight...

23.07.2025 7

Amanda Gerut

Tesla sales cratered in California for 7 straight quarters while rivals Toyota and Honda surge, report shows

The once-unstoppable electric-vehicle maker saw new car and truck registrations tumble 18.3% compared to the first half of last year, according to...

23.07.2025 3

Amanda Gerut

An American who helped North Korean IT workers rake in $17.1 million faces sentencing in scheme that tricked hundreds of Fortune 500 companies

Arizona woman Christina Chapman carefully oversaw at least 90 laptops at her home and shipped dozens of others to China, Russia, the UAE, and Nigeria,...

19.07.2025 10

Amanda Gerut

Campbell’s Soup gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant

A luxury shoe designer has stepped into a board role previously held by her late mother.

19.07.2025 2

Amanda Gerut

Trump’s DOJ sues to oust Hollywood movie CEO and 2 others from broadcasting board, citing medieval legal tool

The Department of Justice filed a rare action against three Corporation for Public Broadcasting board members.

16.07.2025 10

Amanda Gerut

Banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, jaunts to Kennebunkport, and put millions on his credit cards, SEC says

The sudden implosion of First Liberty Building & Loan has roiled Georgia’s conservative political network.

11.07.2025 20

Amanda Gerut

Elon Musk’s Tesla finally sets a shareholder meeting date amid doubts about his long-denied $56 billion pay package

New York City Comptroller Brad Lander told Fortune the announcement was a “welcome, if belated, recognition that the rule of law applies to...

11.07.2025 4

Amanda Gerut

Sports and entertainment mogul accused of making secret backroom deal in $338 million arena project

Tim Leiweke, co-founder of the Oak View Group, is charged with allegedly conspiring with a competitor to score a deal to develop the Moody Center at...

10.07.2025 10

Amanda Gerut

Six women thought they found love online. It was a married father of 2 scamming them out of millions

A man from Nigeria pleaded guilty in a $2.5 million romance scam that devastated six victims.

06.07.2025 10

Amanda Gerut

Microsoft suspends 3,000 Outlook and Hotmail accounts created by North Korean IT workers

The company said it discovered a repository of resumes and email accounts the workers are using to apply for jobs.

04.07.2025 10

Amanda Gerut

North Korean operative reveals the inner workings of the IT scam infiltrating the Fortune 500—‘They had no idea that we were from North Korea’

Thousands of IT workers are trapped inside a global operation that funds North Korea’s weapons program, but one managed to escape.

04.07.2025 6

Amanda Gerut

North Korean operatives and American accomplices accused in massive fraud that infiltrated the Fortune 500 and stole millions

The Justice Department, in a series of indictments, has laid out the use of front companies as a way to further the North Korean IT worker scheme.

01.07.2025 7

Amanda Gerut

Former OpenAI researcher Lucas Beyer pours cold water on $100 million Meta signing bonus

“We did not get 100M sign-on, that’s fake news,” the AI researcher posted on X.

27.06.2025 30

Amanda Gerut

A $650 Theragun massager is the crux of an alleged multimillion broken promise between two former friends — ‘Dude, my heart just sank to the floor’

A lawsuit in California is seeking damages from Therabody and a correction to two patents held by the company.

25.06.2025 10

Amanda Gerut

Former CEO sentenced to prison after first-ever prosecution for stock sales via trading plans that thousands of executives use

A lawyer for ex-Ontrak CEO and executive chairman Terren Peizer called the case a “true miscarriage of justice from the get-go.”

24.06.2025 10

Amanda Gerut

A $6 billion logistics CEO credits an ice cream flavor with helping him understand why customers need fresh innovation

An ice-cream conundrum planted the seeds for breakthrough innovation at the 92-year-old company.

24.06.2025 50

Amanda Gerut

A 1-day class early in this CEO’s career made him ‘maniacal’ about time management—and freed him up to coach baseball

“It was a game changer for me,” said Ryder System CEO and chairman Robert Sanchez.

23.06.2025 10

Amanda Gerut

Thieves accused in record $100 million jewelry heist also nabbed Apple AirTags and Samsung electronics, authorities claim

Before allegedly pulling off the largest jewel robbery in U.S. history, thieves grew emboldened after targeting trucks packed with Apple and Samsung...

21.06.2025 3

Amanda Gerut

‘Ghost’ students are hijacking millions from colleges—and locking real human students out of classes

Sophisticated criminal networks are deploying AI to create thousands of fake students to steal money. About $90 million has disappeared.

12.06.2025 20

Amanda Gerut

‘Have a nice day, DJT!’— Raging feud between Trump-Musk tanks Tesla after Trump-Xi call calmed markets

Several major developments sparked losses in stock markets today.

06.06.2025 9

Amanda Gerut

Elon Musk just had his last day with DOGE, which he says became a ‘scapegoat’ for government cuts

President Trump honored the Tesla CEO with a farewell press conference in the Oval Office on Friday.

31.05.2025 8

Amanda Gerut

‘Anthony from Staten Island’ said he developed a chat tool for Meta. His entire identity was fake.

A suspected North Korean IT worker tried to get a tech role at an identity verification firm.

30.05.2025 20

Amanda Gerut

A federal court just killed Trump’s tariff program, immediately striking them down nationwide

The Court of International trade has struck down Trump’s “unlimited emergency tariffs on global trade” in a crushing blow on Wednesday.

29.05.2025 30

Amanda Gerut

Supreme Court gives Trump unprecedented power to fire regulators—except Federal Reserve Chair Jerome Powell

President Trump has won a legal fight over his power to dismiss the heads of certain regulatory heads, but the Federal Reserve Board remains off...

23.05.2025 20

Amanda Gerut

Chipotle employees are rising through the ranks and making 6 figures after Guild suggested a simple switch that transformed the workforce

A little-known secret among corporate giants is that traditional tuition-reimbursement programs often create barriers for entry-level workers, said...

22.05.2025 3

Amanda Gerut

The CEO trap—why 70% of CHROs depart after a change at the top

There’s a survival guide for being a C-suite HR leader, and it requires thinking like an investor and leading like a CEO, says leadership...

20.05.2025 4

Amanda Gerut

‘This is the mafia’ — How North Korea structures its IT workers like an organized crime syndicate

The North Korean IT workers scheme rakes in $250 million to $600 million per year and billions in crypto, according to UN estimates.

18.05.2025 6

Amanda Gerut

Chinese companies are secretly powering North Korea’s global IT workers scheme

A host of Chinese front companies could be helping North Korean IT workers infiltrate U.S. businesses, a report reveals.

14.05.2025 10

Amanda Gerut

Democratic state treasurers rip GOP over budget bill — ‘taxing Barbies and G.I. Joes if you can even find them on store shelves’

The impact of the budget, tariff policy, and cuts to federal programs would lead to an outflow in domestic investment as wealthy investors look...

13.05.2025 10

Amanda Gerut

The North Korean IT worker scheme infiltrated an American election campaign website

Software developers from the Democratic People’s Republic of Korea continue to conceal their identities to get jobs with American firms in violation...

12.05.2025 2

Amanda Gerut

In a first, a pension fund has voted to block new investments in Tesla: ‘Musk has destroyed the brand’

“He doesn’t seem to care that when he’s out there with a chainsaw it impacts people,” said Controller Mark Pinsley.

09.05.2025 9

Amanda Gerut

Credit Suisse admits scheme to hide more than $4 billion in offshore accounts for ultra-rich Americans

Credit Suisse’s services unit agreed to pay $511 million in fines, penalties, restitution, and forfeitures, authorities said.

06.05.2025 10

Amanda Gerut

Super Micro stock plunges after surprise customer delays cost up to $1.4 billion in sales

The tech giant issued a preliminary earnings announcement reporting lower-than-expected financial results.

30.04.2025 7

Amanda Gerut

Don’t expect SEC enforcement to just disappear under new chairman Paul Atkins, warn 3 former general counsels

Accounting and disclosure fraud and insider trading are likely to be key enforcement priorities at the SEC.

28.04.2025 10

Amanda Gerut

CEOs are in distress and consumers fear job losses amid ‘stagflation shock,’ economist warns

New research from Apollo Global Management outlines the tariff impact on U.S. businesses and consumers. Signs are pointing toward recession by summer.

28.04.2025 10

Amanda Gerut

A starter home now costs $1 million in half the states in the U.S., report reveals

The spring home-buying season is suppressed due to lower consumer confidence and affordability issues.

27.04.2025 2

Amanda Gerut

Nail salon employee pleads guilty after holding 13 remote IT jobs worked by developers in China

The man had no experience in IT, but let overseas workers use his driver’s license and U.S. passport to get jobs in tech.

27.04.2025 20

Amanda Gerut

Ex-FTC commissioner accuses former chair Lina Khan of ‘procedural shenanigans’ that iced M&A activity

A former FTC official who served under Khan said the accusation was “shockingly out of touch with reality.”

27.04.2025 9

Amanda Gerut

Elon Musk was supposed to work in government as a special employee for 130 days. He just pledged to spend ‘a day or two’ per week for the remainder of Trump’s 4-year term

With roughly 36 weeks left in the year, Musk could spend between 36 and 72 more days aiding President Trump this year—on top of the roughly 90 days...

23.04.2025 9

Amanda Gerut

Elon Musk claims Tesla demonstrators are somehow being paid by the government ‘waste and fraud’ he is fighting with DOGE—they just won’t admit it

Musk offered no evidence for his claims but described the protests as “natural blowback” on Tesla from those on the receiving end of the fraud.

23.04.2025 50

Amanda Gerut

First American Financial will shell out millions in severance to its former CEO after surveillance footage allegedly captured him strangling a barefoot partygoer

The board of the $6 billion financial firm showed CEO Kenneth D. DeGiorgio the exit after he was arrested and charged with misdemeanor assault in...

22.04.2025 9

Amanda Gerut

Fake LinkedIn profiles, Webex, and Fiverr: Inside the North Korean IT worker scheme roiling the Fortune 500

The IT worker scam has impacted Fortune 500 companies that authorities say unwittingly hired thousands of North Korean engineers pretending to be...

18.04.2025 6

Amanda Gerut

United Airlines plans for two outcomes in the economic fog — weaker but stable and full-blown recession

The airline issued dual-guidance benchmarks in the face of extreme market uncertainty.

16.04.2025 10

Amanda Gerut

North Korean IT workers are spamming tech firms with fake résumés. One founder says he came up with ‘a foolproof way’ of weeding them out

Trained North Korean engineers are getting legitimate jobs in tech to fund their country’s weapons of mass destruction program.

10.04.2025 2

Amanda Gerut

Markets might be celebrating but every portfolio manager is trying to figure out how long the roller coaster will last, PM says

With China tariffs increased to 125% but other tariffs on pause, there is a treasure trove of open questions for investors and CEOs to contend with.

10.04.2025 4

Amanda Gerut

‘Permanent damage has been done,’ portfolio manager warns, as markets rejoice following Trump’s tariff freeze

Stock markets rebounded following the announcement that tariffs would ratchet down to a 10% universal levy, except for China.

09.04.2025 3

Amanda Gerut

A hedge fund is betting the $55 billion Monster energy empire will be toppled by rivals like Celsius and a ‘wellness’ brand backed by Michelle Obama

Brands like Celsius, Zoa, and Plezi are crowding out Monster, a short report claims, and its stock price is tumbling on the news.

09.04.2025 3

Amanda Gerut

Thousands of North Korean IT workers have infiltrated the Fortune 500—and they keep getting hired for more jobs

“They are wildly successful,” said Google Threat Intelligence Group expert Michael Barnhart, who has been tracking North Korea and collecting...

07.04.2025 10

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Popular

Arizona woman in North Korean IT workers scheme sentenced to 8.5 years for helping to trick Fortune 500 companies out of millions

Amanda Gerut

Elon Musk wants more control of Tesla so activist investors can’t boot him—but not so much the board can’t fire him if he goes ‘crazy’

Amanda Gerut

AI tracked down nearly 80,000 ‘ghost students’ trying to enroll in California colleges

Amanda Gerut

Tesla sales cratered in California for 7 straight quarters while rivals Toyota and Honda surge, report shows

Amanda Gerut

An American who helped North Korean IT workers rake in $17.1 million faces sentencing in scheme that tricked hundreds of Fortune 500 companies

Amanda Gerut

Campbell’s Soup gets a Gen X makeover — 42-year-old fashion exec joins her family at $9 billion canned-soup-and-snacks giant

Amanda Gerut

Trump’s DOJ sues to oust Hollywood movie CEO and 2 others from broadcasting board, citing medieval legal tool

Amanda Gerut

Banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, jaunts to Kennebunkport, and put millions on his credit cards, SEC says

Amanda Gerut

Elon Musk’s Tesla finally sets a shareholder meeting date amid doubts about his long-denied $56 billion pay package

Amanda Gerut

Sports and entertainment mogul accused of making secret backroom deal in $338 million arena project

Amanda Gerut

Six women thought they found love online. It was a married father of 2 scamming them out of millions

Amanda Gerut

Microsoft suspends 3,000 Outlook and Hotmail accounts created by North Korean IT workers

Amanda Gerut

North Korean operative reveals the inner workings of the IT scam infiltrating the Fortune 500—‘They had no idea that we were from North Korea’

Amanda Gerut

North Korean operatives and American accomplices accused in massive fraud that infiltrated the Fortune 500 and stole millions

Amanda Gerut

Former OpenAI researcher Lucas Beyer pours cold water on $100 million Meta signing bonus

Amanda Gerut

A $650 Theragun massager is the crux of an alleged multimillion broken promise between two former friends — ‘Dude, my heart just sank to the floor’

Amanda Gerut

Former CEO sentenced to prison after first-ever prosecution for stock sales via trading plans that thousands of executives use

Amanda Gerut

A $6 billion logistics CEO credits an ice cream flavor with helping him understand why customers need fresh innovation

Amanda Gerut

A 1-day class early in this CEO’s career made him ‘maniacal’ about time management—and freed him up to coach baseball

Amanda Gerut

Thieves accused in record $100 million jewelry heist also nabbed Apple AirTags and Samsung electronics, authorities claim

Amanda Gerut

‘Ghost’ students are hijacking millions from colleges—and locking real human students out of classes

Amanda Gerut

‘Have a nice day, DJT!’— Raging feud between Trump-Musk tanks Tesla after Trump-Xi call calmed markets

Amanda Gerut

Elon Musk just had his last day with DOGE, which he says became a ‘scapegoat’ for government cuts

Amanda Gerut

‘Anthony from Staten Island’ said he developed a chat tool for Meta. His entire identity was fake.

Amanda Gerut

A federal court just killed Trump’s tariff program, immediately striking them down nationwide

Amanda Gerut

Supreme Court gives Trump unprecedented power to fire regulators—except Federal Reserve Chair Jerome Powell

Amanda Gerut

Chipotle employees are rising through the ranks and making 6 figures after Guild suggested a simple switch that transformed the workforce

Amanda Gerut

The CEO trap—why 70% of CHROs depart after a change at the top

Amanda Gerut

‘This is the mafia’ — How North Korea structures its IT workers like an organized crime syndicate

Amanda Gerut

Chinese companies are secretly powering North Korea’s global IT workers scheme

Amanda Gerut

Democratic state treasurers rip GOP over budget bill — ‘taxing Barbies and G.I. Joes if you can even find them on store shelves’

Amanda Gerut

The North Korean IT worker scheme infiltrated an American election campaign website

Amanda Gerut

In a first, a pension fund has voted to block new investments in Tesla: ‘Musk has destroyed the brand’

Amanda Gerut

Credit Suisse admits scheme to hide more than $4 billion in offshore accounts for ultra-rich Americans

Amanda Gerut

Super Micro stock plunges after surprise customer delays cost up to $1.4 billion in sales

Amanda Gerut

Don’t expect SEC enforcement to just disappear under new chairman Paul Atkins, warn 3 former general counsels

Amanda Gerut

CEOs are in distress and consumers fear job losses amid ‘stagflation shock,’ economist warns

Amanda Gerut

A starter home now costs $1 million in half the states in the U.S., report reveals

Amanda Gerut

Nail salon employee pleads guilty after holding 13 remote IT jobs worked by developers in China