financial fraud

Business

Korean-Run Hedge Fund Mars FX Collapses as $600 Million Goes Missing

May 10, 2026 7:22 PM PDT

A Los Angeles-area hedge fund operated by Korean American managers has filed for bankruptcy, raising growing concerns as roughly $600 million in investor funds...

Business

Digital scam diversifies as wire transfer become more common, number grows tenfold

Nov 15, 2024 10:55 AM PST

A Torrance resident, Kim, received a text about a class action lawsuit against his vehicle. The text said the model was defective and he could...

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