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Federal Fraud

All articles tagged with #federal fraud

Phoebe Gates Linked to Cookie-Stuffing Allegations Behind Phia Startup
business22 days ago

Phoebe Gates Linked to Cookie-Stuffing Allegations Behind Phia Startup

Phoebe Gates, co-founder of the Phia shopping‑assist startup, is accused of “cookie stuffing” to inflate affiliate credits, a practice Bloomberg says was known for months and was disabled in July. If treated as federal wire fraud, the conduct could carry up to 20 years in prison. Phia says misattribution features were removed, is issuing reversals, and tightening compliance, while backers and Gates emphasize efforts to fix the issue and continue offering services.

U.S. Targets Kenyan Properties in Multi-Billion Dollar Fraud Scandal
corruption8 months ago

U.S. Targets Kenyan Properties in Multi-Billion Dollar Fraud Scandal

Federal prosecutors allege that Gandi Abdi Kediye used a company to launder nearly $1 million in federal child nutrition funds and owns properties that operate as taxpayer-funded group homes in the Twin Cities, with his family involved in managing some of these homes. Despite his indictment for involvement in a large-scale food fraud scheme, the group homes continue to operate and receive millions in state funding, raising concerns about oversight and potential connections to the fraud scheme.