Amid the economic crisis in Venezuela, at least $1.2 billion was stolen from the state-owned oil and gas company with the help of an international network of professional money launderers, according to U.S. Department of Justice officials in Miami.
The alleged network includes Venezuelan supporters of the socialist revolution, money managers, brokerage firms, banks and real estate investment firms. Prosecutors said that a currency exchange scheme was used to embezzle the money obtained through...
Hyas, a cybersecurity startup that’s setting out to help companies, researchers, and law enforcement identify the perpetrators behind a cyber attack, has raised $6.2 million in a series A round of funding led by Microsoft’s M12 venture fund, with participation from Startup Capital Ventures, 205 Capital, Wesley Clover, and cybersecurity experts Tim Eades and Tom Noonan. […]
Amazon's backlog revenue has grown to $16 billion last quarter, up from the previous quarter's $12.4 billion.