This page covers fraud, money laundering, embezzlement, corporate accounting scandals and insider trading. Reporting spans the oversight of financial systems across California.
A federal grand jury in California charged Marisela Nuno with wire fraud and money laundering tied to alleged pandemic relief loan applications.
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November 3, 2026
Court Tosses Crypto Fraud Suit Against BanksA federal judge in Northern California dismissed claims that Stanford Federal Credit Union and other institutions aided a roughly $570,000 cryptocurrency investment scam.
November 3, 2026
California Opposes SEC Crypto Asset RuleState regulators say the proposed Regulation Crypto Assets would weaken oversight of digital asset offerings and fraud enforcement.
November 2, 2026
Executive Assistant Pleads Guilty in $18M TheftLizbeth Guadalupe Sherman admitted to wire fraud after stealing nearly $18 million from her employer over a decade.
October 30, 2026
California Attorney General Issues Warning on Online ScamsOfficials cite rising cryptocurrency fraud and sextortion threats as major risks to residents.
October 28, 2026
California Officials Warn of Apple Pay Scam TextsResidents are being warned about fraudulent text messages designed to steal banking and personal identification information.
October 28, 2026
Jason Galanis Faced Massive Debt in 2018 DivorceCourt records from 2018 detail over $100 million in financial liabilities held by Jason Galanis.
October 23, 2026
InComm Launches Settlement Fund for Vanilla Gift CardsCalifornia residents can now apply for reimbursement after gift card balances were drained by barcode tampering.
October 23, 2026
Newsom Authorizes Rewards for Six Unsolved Murder CasesThe governor is offering $50,000 for information leading to convictions in cold cases across California.
October 23, 2026
California Fugitive Extradited From Kenya After 13 YearsA man convicted of vehicular manslaughter returns to the U.S. following his arrest in Nairobi.
October 22, 2026
California Charges Over 100 in Medical Fraud SchemeState officials have filed criminal charges against providers linked to a multi-million dollar in-home medical care fraud case.
Day to day, that means investigations into accounting fraud, money laundering operations, Ponzi schemes and wire fraud convictions. Coverage runs from the capital to the rural counties where financial activities intersect with regional commerce. State regulatory actions and federal prosecutions often overlap in complex cases involving institutions with a significant footprint. The complexity of digital asset transactions and legacy banking oversight remain the most frequent drivers of recent developments.
