Business

Crypto, NFTs are rife with 'mountains' of fraud, IRS says

IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, including money laundering, market manipulation and tax evasion—and even celebrities could get caught up in the agency's probes.

Business

Samsung announces $205 billion investment plan

Samsung Group unveiled a $205 billion investment blueprint on Tuesday aimed at making the company a leader in a range of technologies from semiconductors to robotics and creating 40,000 new jobs.

Business

Samsung boss goes on trial on drugs charges

The de-facto leader of South Korea's sprawling Samsung group Lee Jae-yong went on trial Tuesday on charges of illegally using the anaesthetic propofol, the latest legal travail to beset the multi-billionaire.

Business

McAfee founder found dead by suicide in Spanish jail

Antivirus software pioneer John McAfee was found dead in his jail cell in Spain on Wednesday, officials said, shortly after a court approved his extradition to the United States where he was wanted for tax evasion.

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