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Amanda Gerut

Amanda Gerut

Fortune

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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.

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Fortune

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.

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Fortune

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.

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Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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 20

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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 8

Fortune

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

Fortune

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

Fortune

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

Fortune

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

Fortune

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 2

Fortune

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

Fortune

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

Fortune

Amanda Gerut

CEO accused of choking a fellow cruise passenger after the man allegedly danced barefoot at a bar aboard the ship and insulted the CEO’s wife

Kenneth D. DeGiorgio, CEO of First American Financial, was charged with assault after the confrontation, which took place on the Resilient Lady cruise...

04.04.2025 20

Fortune

Amanda Gerut

Volkswagen working to ‘quantify the impact’ of Trump tariffs on U.S. sales

Volkswagen was already struggling with the shift to electric vehicles as well as fierce Chinese competition.

04.04.2025 10

Fortune

Amanda Gerut

Bill Gross warns investors away from trying to ‘catch a falling knife’ amid global market carnage

The Pimco cofounder said he is focused on certain domestic companies—and cash.

04.04.2025 30

Fortune

Amanda Gerut

Trump claims his tariffs are ‘kind’ to other countries. In America, consumers will ‘feel the pinch quite quickly,’ top economist says

President Trump announced a 10% baseline tariff and “discount” reciprocal tariffs on Wednesday during a widely anticipated Rose Garden address.

03.04.2025 3

Fortune

Amanda Gerut

South Korea’s president could lose his job on April 4, four months after he tried and failed to impose martial law

The court has held weeks of impeachment hearings to determine whether to officially remove Yoon from office, and then took weeks to deliberate on the...

01.04.2025 8

Fortune

Amanda Gerut

Super Micro, which has had a bumpy ride since its auditor quit, finally hired a general counsel

The server manufacturer also recruited an audit and accounting veteran as its latest independent director to join the corporate board.

01.04.2025 10

Fortune

Amanda Gerut

Police arrested a 36-year-old Nevada man for allegedly firebombing five Teslas with molotov cocktails

Authorities said the suspect used a rifle to shoot out surveillance cams before spray painting the word “Resist” on the doors of a Las Vegas Tesla...

28.03.2025 10

Fortune

Amanda Gerut

Trump sets auto tariffs at 25%, drawing swift backlash. ‘The tariffs announced today will harm—not help,’ says world’s largest business association.

The auto industry saw a “front running” on orders before the tariffs took effect, wrote KPMG senior economist Ken Kim in a note on Wednesday.

27.03.2025 7

Fortune

Amanda Gerut

Wall Street bonus pot surges to record-high $47.5 billion, but the outlook is dim 

Average bonuses paid to New York City executives were up 31.5% over last year, according to a report from Comptroller Thomas P. DiNapoli.

26.03.2025 10

Fortune

Amanda Gerut

As Nike lags, CEO Elliott Hill said Ohio Buckeyes coach Ryan Day revealed the key to a strong offense

Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.

21.03.2025 40

Fortune

Amanda Gerut