The advisor took the funds to give $200,000 to his love interest and renovate his home and backyard pool.

Jaipur: Three employees of a private life insurance company were arrested Friday for allegedly siphoning off Rs 58 lakh by tampering with 18 life insu.

While fraud doesn't pose a systemic threat to India's banking system, there are significant and ever-present risks at the customer level, as the ₹590-crore fraud at IDFC First Bank shows.

A federal jury in Manhattan on Tuesday convicted a former Morgan Stanley financial advisor on two counts of fraud related to ...

When 76% of insurers have deployed AI but half the workforce is looking to leave, the technology strategy and the talent ...

Ellen Rudolph, 71, has suffered incredible loss in the past year. She was displaced by the Pacific Palisades wildfire. She ...

A Manhattan federal jury on Tuesday found former Morgan Stanley financial adviser Darryl Cohen guilty of cheating three professional basketball players out of more than $5 million. After a five-week ...

You need life insurance, but you also need to be able to afford it. Though there’s a common misconception that life insurance is expensive, the average monthly cost of a 30-year term life policy is ...

Kouri Richins, 35, is charged with aggravated murder, attempted criminal homicide, two counts of fraudulent insurance claims, and forgery. She is accused of poisoning her husband, Eric, with fentanyl ...

Sri Lanka’s insurance regulator has moved to overhaul how risk is priced and fraud is tracked across the industry, with the launch of the country’s first Centralised Insurance Data Repository, in ...

Evil Lives Here revisits the chilling case of Myrle Miller, the Pennsylvania woman convicted of poisoning husband John Nichols for financial gain, sentenced to life in 2023 and who died in prison in ...

This excerpt is part of TPM Cafe, TPM’s home for opinion and news analysis. A question at the center ...