US Representative George Santos vowed to fight charges of fraud ...
Synopsis by Reuters May 11 23
US Representative George Santos vowed to fight charges of fraud, money laundering and theft of public funds in the latest hit to the newly elected Republican ...Read full articleReuters: US Representative George Santos vowed to fight charges of fraud ...
Story Details
| Last Updated | May 11 23 |
| Total Articles | 1 |
Main Topics
process of transforming profits of crime and corruption into ostensibly legitimate assets
politician and former member of the U.S. Congress representing New York's 3rd district
intentional deception made for unfair or unlawful gain or damaging or depriving a victim
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Santos taunts Kimmel ahead of court: ‘This is your dream coming true’: Former Rep. George Santos (R-N.Y.) is calling out comedian Jimmy Kimmel ahead of his case ...
thehill.com/blogs/in-the-know/4602893-santos-kimmel-court-cameo/
Former KPMG employee Fidelis Moema granted R50,000 bail after bursary fraud worth R16.5 million
iol.co.za/news/crime-and-courts/former-kpmg-employee-fidelis-moema-granted-r50000-bail-after-bursary-fraud-worth-r165-million-6768d59c-1891-4773-bc3f-78179a926f16
EFCC Declares Yahaya Bello Wanted Over N80b Fraud: Bello's running battle with the agency became public on Wednesday, when dozens of EFCC operatives laid ...
fij.ng/article/efcc-declares-yahaya-bello-wanted-over-n80b-fraud/
Alleged cryptojacker arrested for money laundering, $3.5 million in cloud service fraud — ultimately mined less than $1 million in crypto
tomshardware.com/tech-industry/cyber-security/alleged-cryptojacker-cp30-arrested-for-money-laundering-dollar35-million-in-cloud-service-fraud-ultimately-mined-less-than-dollar1-million-in-crypto
US prosecutors push to seize apartment tied to Congolese president in luxury Trump complex - ICIJ
icij.org/investigations/pandora-papers/us-prosecutors-push-to-seize-apartment-tied-to-congolese-president-in-luxury-trump-complex/
Quick Glance: US Prosecutors Seek to Seize Congolese President's Apartment in Luxury Trump Complex
- U.S. authorities are moving to seize a $7.1 million Manhattan apartment in a corruption probe involving the Republic of Congo's first family.
- Allegations suggest embezzled state funds were used to purchase the apartment at Trump International Hotel & Tower for the daughter of the scandal-plagued president of the Central African country.
- A complex network of shell companies, ultimately owned by Sassou Nguesso, funneled millions of dollars out of Congo, with a portion allegedly used to acquire the apartment.
- The FACT Coalition advocates for stricter oversight in real estate transactions to combat illicit financial flows and supports a proposal by the Treasury Department for reporting suspicious activities in the real estate sector.
‘You’re Never Too Busy For Your Banker’: How Italy’s ’Ndrangheta Mafia Allegedly Infiltrated Canadian Banks - OCCRP
occrp.org/en/investigations/youre-never-too-busy-for-your-banker-how-italys-ndrangheta-mafia-allegedly-infiltrated-canadian-banks
Quick Glance: How Italy’s 'Ndrangheta Mafia Allegedly Infiltrated Canadian Banks
- A Canadian faction of the 'Ndrangheta allegedly had close relationships with employees at two major Canadian banks to facilitate their financial activities.
- Angelo Figliomeni, the suspected mob boss, was at the center of the investigation, indicating that bankers were involved in the money laundering process of the group.
- The investigation revealed that the 'Ndrangheta organization generated income through illegal activities such as gambling and loan sharking, which were used for money laundering by bankers like Martino.
- Police seized assets worth millions of dollars and closed around 500 accounts at the implicated banks. Charges against Figliomeni and his co-defendants were dropped due to procedural errors.
Panama Papers trial begins with denials eight years after historic tax evasion exposé - ICIJ
icij.org/investigations/panama-papers/panama-papers-trial-begins-with-denials-eight-years-after-historic-tax-evasion-expose/
Quick Glance: Historic Trial on Panama Papers Revealed Misconduct
- More than eight years since the initial Panama Papers disclosures by the International Consortium of Investigative Journalists and over 100 media partners worldwide, a significant money laundering trial has started in a Panamanian criminal court.
- Facing trial are 27 individuals, including Jürgen Mossack and Ramón Fonseca Mora, the founders of the now-defunct local law firm central to the scandal.
- The 2016 Panama Papers investigation stands out as one of the most extensive international collaborations in journalism, representing financial irregularities and political corruption in public perception.
- Scheduled to continue until April 26 and streamed live on YouTube, the trial will address Mossack Fonseca's alleged involvement in a bribery scandal with the German company Siemens and the establishment of dummy corporations for money laundering.
NY AG asks Trump civil fraud judge to declare $175M bond ‘without effect’: The New York attorney general’s office has asked a judge to void the $175 million bond ...
thehill.com/regulation/court-battles/4606053-ny-ag-trump-civil-fraud-judge-declare-175m-bond-without-effect/
Quick Glance: New York Attorney-General Calls for Invalidation of Donald Trump's $175mn Bond
- Letitia James' office argues that Donald Trump's bond is not backed by sufficient collateral or supported by an appropriately licensed firm.
- The attorney-general's office suggests that the $175mn bond, underwritten by Knight Specialty Insurance Company, should be deemed ineffective, and Trump should be given another week to secure an alternative backer.
- The attorney-general's office contends that the bond is invalid as it is supported by a company that does not possess the required qualification certificate for a valid surety in New York and that insufficient information regarding the collateral was provided.
- Trump's lawyers claimed securing a bond for the full judgment amount was 'impossible', leading the court to reduce it to $175mn. Knight underwrote the bond, yet lacks the necessary certification for a valid surety in New York.
Santos campaign committee raised nothing in March : A new campaign committee for former Rep. George Santos (R-N.Y.) raised nothing last month for the ousted ...
thehill.com/homenews/campaign/4595520-santos-campaign-committee-march/
Bavaria: New investigations against AfD politician Daniel Halemba: The AfD state politician Daniel Halemba is confronted with new allegations: money laundering ...
zdf.de/nachrichten/politik/deutschland/daniel-halemba-afd-geldwaesche-sachbeschaedigung-volksverhetzung-100.html
Quick Glance: New Allegations Against AfD MP Halemba
- The Würzburg Public Prosecutor's Office requests the lifting of Daniel Halemba's immunity due to money laundering and other allegations.
- The investigations stem from discoveries during a search at the Teutonia Prag fraternity house.
- Halemba denies the accusations and hopes for dismissal or acquittal.
- The Prosecutor's Office intends to press charges based on suspicion of money laundering and other criminal acts.
GOP push emerges to keep George Santos away from the Capitol: The measure would keep Santos out of the House floor and the members-only dining room and gym.
axios.com/2024/04/14/george-santos-house-floor-republicans
Trump trial live updates: Two seated jurors removed from Trump's hush money trial after issues raised
nbcnews.com/politics/donald-trump/live-blog/trump-hush-money-trial-day-3-live-updates-rcna145936
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
A woman who accused Trevor Bauer of sex assault is now charged with defrauding ex-MLB player
apnews.com/article/mlb-trevor-bauer-accuser-fraud-charges-6d3f2767d51edcd40271d1c0fa17061f
Quick Glance: Trevor Bauer accuser charged with felony fraud after false claims
- For the first time in a case involving baseball player Trevor Bauer, an accusation has been made against one of his accusers for allegedly defrauding him.
- The woman, Darcy Adanna Esemonu, was charged with defrauding Bauer by making false claims about a pregnancy.
- A grand jury in Maricopa County, Arizona, filed an indictment against Esemonu in March for felony fraud against Bauer and another man.
- Bauer emphasized that the accusations against him were false and that the justice system had affirmed his innocence, leading to charges against one of his accusers.
Zambia uncovers 'sophisticated' Chinese cybercrime syndicate: Young people were recruited as call-centre agents in a "sophisticated internet fraud syndicate".
bbc.com/news/world-africa-68777137
Allen Weisselberg sentenced to 5 months jail in Trump civil fraud case: Retired Trump Organization executive Allen Weisselberg has received a five-month jail ...
apnews.com/article/weisselberg-trump-perjury-new-york-b76cde56c6cb983ab8789f95d5a0c6c0
Quick Glance: Weisselberg sentenced to 5 months jail in Trump civil fraud case
- Retired Trump executive Allen Weisselberg was sentenced to five months in jail for admitting to lying under oath in a civil fraud lawsuit against the former president by New York’s attorney general.
- Weisselberg pleaded guilty to perjury related to the valuation of Trump's Manhattan penthouse, despite his deep loyalty to Trump and previous jail time for tax evasion.
- Important aspects include Weisselberg's testimonies in unfavorable trials for Trump and his decision not to testify in Trump's upcoming hush money criminal trial.
- Weisselberg's willingness to admit wrongdoing, age, and his role in Trump's organization were considered in his sentence, mirroring a previous case where he served a reduced jail term. He is likely to be involved in Trump's hush money trial, even if not as a witness.
The world is failing to take financial measures against Iran’s terror threat: The Financial Action Task Force’s current trajectory suggests a regrettable descent ...
thehill.com/opinion/national-security/4595188-the-world-is-failing-to-take-financial-measures-against-irans-terror-threat/
Vietnam sentences real estate tycoon Truong My Lan to death in its largest ever fraud case
apnews.com/article/vietnam-truong-my-lan-sentence-fraud-trial-f0b97cf206f5656e09eb9c410861a153
Quick Glance: Death Sentence for Real Estate Tycoon in Vietnam's Largest Fraud Case
- Truong My Lan, a prominent businesswoman and real estate tycoon, was sentenced to death in Vietnam's largest financial fraud case, marking a shocking development in the country's escalating anti-corruption campaign.
- Born in 1956, Lan founded the Van Thinh Phat company with her family in 1992, which grew to become one of Vietnam's richest real estate firms linked to some of Ho Chi Minh's most valuable properties.
- She was accused of using the bank as her cash cow, illegally controlling it between 2012 and 2022, and using thousands of 'ghost companies' in Vietnam and abroad to give loans to herself and her allies.
- Her arrest in October 2022 falls within a period of increased anti-corruption efforts in Vietnam ramping up since 2022, impacting the country's economic outlook and unsettling foreign investors.
To make sure grandmas like his don't get conned, he scams the scammers: Livestreamers who bait scammers find creative ways to waste their time ...
npr.org/2024/04/15/1243189142/scam-baiter-kitboga
Panama Papers: Money laundering trial of 27 defendants begins: The defendants include the founders of law firm Mossack Fonseca which was shut down in 2018.
bbc.com/news/articles/cnek443n8zvo
Money laundering and coercion: Investigators are targeting AfD MP Halemba again: He himself expects an acquittal. But the new allegations against the Bavarian ...
n-tv.de/politik/Ermittler-nehmen-AfD-Abgeordneten-Halemba-erneut-ins-Visier-article24887238.html
Prosecutors on Donald Trump's criminal hush money trial want to ask the former US president about civil cases in which he was found liable for sexual abuse and ...
reut.rs/49Jaef3
Trump says $175 million bond is financially secure, asks judge to reject New York attorney general’s challenge
cnn.com/2024/04/15/politics/trump-civil-fraud-case-bond-financially-secure/
Woman arrested after apparent attempt to use dead body to secure loan: The woman insists that the man, who she said was her uncle, was still alive when they ...
businessinsider.com/woman-brazil-arrested-fraud-involving-corpse-bank-loan-2024-4
Former interpreter for baseball star Shohei Ohtani faces bank fraud charges in sports betting case
apnews.com/article/dodgers-ohtani-interpreter-gambling-investigation-ce1d0c55526715afdb1b345590ece4f0
Quick Glance: Ippei Mizuhara Remains Free Despite Bank Fraud Charges on $25,000 Bond
- Former interpreter for baseball star Shohei Ohtani from the Los Angeles Dodgers surrendered to authorities and later appeared before the U.S. District Court.
- Ippei Mizuhara turned himself in on Friday and was subsequently released on an unsecured $25,000 bond, commonly referred to as a signature bond. This arrangement allowed Mizuhara to secure his release without needing to provide any cash or collateral.
- United States Magistrate Judge Maria A. Audero also stipulated that Mizuhara must undergo treatment for his gambling addiction related to the sports betting scandal. Prosecutors alleged that he exploited his personal and professional connection with Ohtani to steal over $16 million from the player's bank account by occasionally posing as Ohtani to bankers to cover his gambling expenses.
- On Friday, Mizuhara only responded to the judge's inquiries by answering 'yes' when Audero asked him if he comprehended various aspects of the case and his bond conditions.
What to know about Manhattan DA Alvin Bragg, prosecutor in Trump's first criminal trial
axios.com/2024/04/15/alvin-bragg-trump-hush-money-trial
Trump fraud trial bond drawn into question by New York AG: The $175 million bond in former President Trump’s civil fraud trial is at risk after the New York ...
thehill.com/regulation/court-battles/4575447-trump-fraud-trial-bond-questioned-ny-ag/
Quick Glance: New York Demands Further Details on Trump's $175 Million Appeal Bond in Civil Fraud Case
- Following former President Donald Trump's posting of a $175 million bond, state attorneys are requesting more information about the bond's legitimacy.
- State Attorney General Letitia James' office has given Trump's lawyers or the bond underwriter a 10-day period to justify the bond, potentially requiring more disclosure about the collateral provided by Trump.
- A hearing has been scheduled for April 22 after an appeals court significantly reduced the bond amount needed, leading to calls from Trump's lawyer for a baseless public quarrel.
- The underwriter, Knight Specialty Insurance Co., has been contacted for comment, but there has been no response so far.
More arrests to follow over KPMG R16m bursary money fraud case: The Hawks are confident KPMG employee Fidelis Moema, accused of stealing R16 ...
timeslive.co.za/news/south-africa/2024-04-05-more-arrests-to-follow-over-kpmg-r16m-bursary-money-fraud-case/
What you need to know about the latest outbreak of dengue fever: Heavy precipitation from El Nino and the ongoing effects of human-driven climate change have ...
pbs.org/newshour/health/what-you-need-to-know-about-the-latest-outbreak-of-dengue-fever
US: Crypto Traders Charged With Helping Criminals Launder Billions: Organized Crime and Corruption Reporting Project
occrp.org/en/daily/18609-us-crypto-traders-charged-with-helping-criminals-launder-billions
White House, Senate Democrats unveil bill to battle pandemic aid fraud: The measure, which delivers on an earlier request from President Biden ...
washingtonpost.com/business/2024/04/09/covid-aid-fraud-congress/
Exclusive: Vietnam mounts ‘unprecedented’ $24 billion rescue for bank engulfed in giant fraud, documents show
reut.rs/3UkLvJD
Universal Credit: Gang guilty of large £53.9m benefit fraud: Prosecutors describe the case as the biggest ever case of benefit fraud in England and Wales.
bbc.com/news/uk-england-london-68774242
Fact check: Trump falsely claims, again, that he had to post bond to appeal civil fraud decision
cnn.com/2024/04/02/politics/fact-check-donald-trump-post-bond-appeal-civil-fraud/
Quick Glance: Trump Secures $175 Million Bond in New York Civil Fraud Case
- Donald Trump and his co-defendants have successfully secured a $175 million bond in their civil fraud case in New York, as indicated in a court filing.
- The bond was provided by Knight Specialty Insurance Company, owned by the privately-held Hankey Group. The chairman stated to ABC News that he considers himself a supporter of Donald Trump.
- Hankey mentioned that his company was initially engaged in discussions to take over the original $464 million bond in the case. Following a reduction by a New York appellate court last week to $175 million, Hankey renewed efforts to take on the bond.
- Trump has denied any wrongdoing, and his lawyers have appealed the ruling in the case, claiming that the disgorgement amount was unconstitutional, disproportionate, and flawed.
Welcome R10bn bonus as Sars takes in net revenue of R1.74-trillion: The South African Revenue Service (Sars) on Tuesday said it had exceeded its provisional ...
timeslive.co.za/news/south-africa/2024-04-02-welcome-r10bn-bonus-as-sars-takes-in-net-revenue-of-r174-trillion/
A Trump raising money off election lies? Now we’ve seen everything.: A phone call on behalf of the overhauled Republican National Committee again turns false ...
washingtonpost.com/politics/2024/04/11/trump-election-fraud-fundraising/
Senior Hezbollah money changer found shot to death near Beirut : The security source identified the victim as Mohammad Surur who worked in currency exchanges and ...
jpost.com/middle-east/senior-hezbollah-money-changer-found-shot-to-death-near-beirut-796335
Trump’s $175M bond keeps prized properties from being seized — for now: Former President Trump has secured a $175 million bond in his civil fraud case ...
thehill.com/regulation/court-battles/4570603-trump-175m-bond-properties-seized/
Quick Glance: Trump's $175M Bond and Property Seizure Case Overview
- Former President Trump has secured a $175 million bond in his civil fraud case, keeping his most prized properties from being seized - at least temporarily.
- Judge Arthur Engoron found Trump, his company, and top executives liable for fraud, ordering them to pay a penalty of $464 million plus interest, with Trump alone owing $454 million.
- Despite the temporary halt, Trump still owes the state $454 million from the judgment, which increases daily, potentially leading him back into financial jeopardy.
- An appeal could result in a significant financial setback for Trump, challenging the monumental fine and other penalties imposed in the case.
Donald Trump has cheated his way through life. Will this election be any different? | Editorial
inquirer.com/opinion/editorials/inq2/trump-threat-cheating-deception-fraud-gold-stormy-daniels-20240414.html
NY state is demanding more information on Trump's $175 million appeal bond in civil fraud case
apnews.com/article/trump-civil-fraud-trial-appeal-bond-e72da14328ebd4bd81ab7d96f5b962a8
Trump rips New York fraud case after posting $175M bond: Former President Trump railed against his New York civil fraud case and those involved Monday ...
trib.al/LGAcpYk
Meet the ‘subprime auto king’ who arranged Trump’s $175 million bond: After weeks of uncertainty, former President Trump posted a $175 million bond in his New ...
thehill.com/business/4572565-meet-the-subprime-auto-king-who-arranged-trumps-175-million-bond/
Quick Glance: Understanding Don Hankey: The Billionaire Who Bailed Out Trump with $175 Million
- California billionaire Don Hankey stepped in to pay Donald Trump's $175 million bond, preventing the former president from facing potential bankruptcy.
- Hankey, known as the 'little-known king of subprime car loans,' boasts assets exceeding $22.5 billion and operates an auto services empire in Los Angeles.
- At 80 years old, Hankey emphasized that his decision to cover Trump's bond was a business move rather than a political statement, highlighting his neutral stance on political matters.
- Paying Trump's bond was influenced by the former president's legal defense strategy in a New York civil case centered around asset overvaluation, where Hankey found parallels in his own business practices.
Nigeria Binance dispute: Cryptocurrency official denies money laundering: Tigran Gambaryan's wife says she is "beyond heartbroken" at his transfer to a prison in ...
bbc.com/news/world-africa-68762553
Seized Sentosa plot in $3 billion money laundering probe goes on sale as OCBC seeks loan recovery
straitstimes.com/singapore/seized-land-in-3-billion-money-laundering-probe-goes-on-sale-ocbc-seeks-loan-recovery
Shohei Ohtani’s interpreter allegedly stole $16 million from his bank account. Here’s how to protect your own
cnn.com/2024/04/13/business/cybersecurity-password-protection/
Santos’s independent bid echoes case of last expelled member of Congress: Former Rep. George Santos’s (R-N.Y.) decision to run for reelection as an independent ...
thehill.com/homenews/campaign/4568048-george-santos-james-traficant-congress-expulsion-independent-reelection/
What you need to know about the latest outbreak of dengue fever: Heavy precipitation from El Nino and the ongoing effects of human-driven climate change have ...
pbs.org/newshour/health/what-you-need-to-know-about-the-latest-outbreak-of-dengue-fever
Randeep Hooda complains ‘nobody’ from Bollywood supported him when he did Extraction, says it feels unnatural to approach Karan Johar for work
indianexpress.com/article/entertainment/bollywood/randeep-hooda-approach-karan-johar-for-work-no-support-for-extraction-9248556/
Owners of Funeral Home With Decaying Bodies Are Charged With Covid Relief Fraud: Originally charged after 190 decomposing bodies were found at their Colorado ...
nytimes.com/2024/04/15/us/colorado-funeral-home-fraud-owners-arrested.html
Businessman behind Trump's NY bond says he charged him a 'low fee': Don Hankey, the billionaire businessman whose company Knight Specialty Insurance provided the ...
reut.rs/3J6gCC7
Tycoon’s death penalty in $12.5 billion fraud case highlights Vietnam’s corruption crisis
cnn.com/2024/04/12/business/truong-my-lan-vietnam-corruption-crisis-hnk-intl/
Vietnamese court sentences tycoon to death in multibillion-dollar fraud case: Vietnam’s death penalty is used as punishment for white-collar crimes ...
washingtonpost.com/world/2024/04/11/vietnam-truong-my-lan-death-sentence/
Crypto executives put money behind longshot bid to oust Elizabeth Warren: More than half a dozen cryptocurrency executives and prominent enthusiasts have donated ...
politico.com/news/2024/04/12/crypto-executives-put-money-behind-longshot-bid-to-oust-elizabeth-warren-00151882
Letitia James Nears Green Light to Start Taking Donald Trump's Assets: Trump has until Monday to post a $175 million bond.
newsweek.com/donald-trump-judge-arthur-engoron-fraud-case-bond-manhattan-new-york-letitia-james-1888535
The $2bn dirty-money case that rocked Singapore: The sensational case saw 10 Chinese nationals charged for laundering profits from illegal businesses.
bbc.com/news/world-asia-66840450
Donald Trump's $175M Bond May Be About to 'Implode,' Legal Analyst Suggests: Glenn Kirschner broke down the questionable background of the surety that backed ...
newsweek.com/donald-trumps-175m-bond-may-about-implode-legal-analyst-suggests-1887712
Watches, cars and villas seized in cross-border fraud raids: A criminal network is suspected of embezzling millions from an EU post-Covid recovery scheme.
bbc.com/news/world-europe-68742209
George Santos’ New Run for Congress Is Targeting Nemesis Nick LaLota in New York: In his new bid for Congress, George Santos has left behind his old turf and ...
thedailybeast.com/george-santos-new-run-for-congress-is-targeting-nemesis-nick-lalota-in-new-york
Audit At Sonali Life Insurance: Ex-chairman, family pocketed Tk 187cr: Sonali Life Insurance Company's former chairman Mostafa Golam Quddus and his six family ...
thedailystar.net/news/bangladesh/news/audit-sonali-life-insurance-ex-chairman-family-pocketed-tk-187cr-3583671
Jail terms sought for accused in US$1.8 billion 1MDB fund fraud: PetroSaudi chief executive Tarek Obaid and his right-hand man are accused of squandering the ...
channelnewsasia.com/asia/1mdb-1-8-billion-fund-fraud-switzerland-trial-petrosaudi-chief-4275456
What to know about the multimillion-dollar Easter Sunday cash heist in Los Angeles
abcnews.go.com/US/multi-million-dollar-easter-sunday-cash-heist-los/story
Cash seized as police claim suspected criminal operation laundered $1 billion: Cash, documents, a gel blaster and fireworks have been seized as police ...
9news.com.au/national/cash-seized-as-police-claim-scheme-laundered-1-billion/19d067c5-86b9-4cd1-8d02-81984c1c9f0f
What to know about the multimillion-dollar Easter Sunday cash heist in Los Angeles
abcnews.go.com/US/multi-million-dollar-easter-sunday-cash-heist-los/story
Donald Trump Petition Calls for Him to Face Fraud Investigation: The petitioners argue that Trump potentially misled investors in light of Truth Social shares ...
newsweek.com/donald-trump-petition-calls-him-face-fraud-investigation-1886222
Quick Glance: Donald Trump's Media Company Faces Financial Challenges in 2023
- Following a high-profile stock market debut, Donald Trump's social media company reported significant losses, with nearly $58.2 million lost last year, resulting in a stock price decline of over 21%.
- Revenue for Trump Media in 2023 totaled $4.1 million, showing an increase from $1.5 million in 2022.
- Trump Media began trading on the Nasdaq under the symbol DJT on March 26, experiencing volatility as the stock closed at $48.66 after Monday's sell-off.
- Analysts have drawn comparisons between the excitement surrounding Trump Media and the meme stock frenzy that boosted shares of companies like GameStop and AMC Entertainment in 2021.
Massachusetts IRS agent charged with filing false tax returns for 3 years: Ndeye Amy Thioub, 67, was charged with filing false tax returns and filing false tax ...
usatoday.com/story/news/nation/2024/04/17/massachusetts-irs-agent-charged-tax-fraud/73363438007/
Su Wenqiang, the first to be convicted in $3b money laundering case, will be deported
straitstimes.com/singapore/courts-crime/su-wenqiang-the-first-to-be-convicted-in-the-3b-money-laundering-case-will-be-deported
Owners of Colorado funeral home where 190 bodies were found charged with Covid fraud
theguardian.com/us-news/2024/apr/15/colorado-funeral-home-owners-charged-covid-fraud
Charges filed against man who allegedly threatened N.Y. AG, civil fraud case judge
nbcnews.com/politics/charges-filed-man-allegedly-threatened-ny-ag-civil-fraud-case-judge-rcna146338
CNA Explains: How were the sentences decided for duo convicted in billion-dollar money laundering case?
channelnewsasia.com/singapore/money-laundering-su-wenqiang-haijin-cna-explains-sentences-4244941
Prison means uninvited sex, diseases, drugs, violence and gangs: Mapisa-Nqakula pleads to be kept out of jail
timeslive.co.za/sunday-times-daily/news/2024-04-04-prison-means-uninvited-sex-diseases-drugs-violence-and-gangs-mapisa-nqakula-pleads-to-be-kept-out-of-jail/
Quick Glance: Recognition for Mapisa-Nqakula's Resignation
- President Cyril Ramaphosa acknowledges the decision of former parliament speaker Nosiviwe Mapisa-Nqakula to step down from her top position amid facing corruption allegations.
- On Wednesday, Mapisa-Nqakula resigned as speaker of parliament, a day before her appearance at the Pretoria magistrate's courts to confront 12 corruption charges and one of money laundering.
- Ramaphosa emphasized the significance of Mapisa-Nqakula's resignation, praising her choice which was not driven by guilt but by respect for parliament, the ANC, and the government as a whole.
- Former public protector Thuli Madonsela expressed similar sentiments, applauding Mapisa-Nqakula's voluntary departure from her role.
JPMorgan's Jamie Dimon calls bitcoin a 'fraud' and 'Ponzi scheme' : JPMorgan CEO Jamie Dimon just launched another scathing attack on the biggest crypto and said ...
businessinsider.com/jamie-dimon-bitcoin-crypto-ponzi-scheme-fraud-currency-blockchain-jpmorgan-2024-4
European police seize Lamborghinis and Rolexes over alleged $650M Covid-19 fraud: Police have arrested 22 people and seized assets worth more than €600 million ...
cnn.com/2024/04/04/europe/eu-police-covid-fraud-italy-rolex-lamborghini-intl/
Su Wenqiang, accused in $3b money laundering case, sentenced to 13 months’ jail: The Cambodian national pleaded guilty to two charges of money laundering on ...
straitstimes.com/singapore/courts-crime/su-wenqiang-accused-in-3b-money-laundering-case-pleads-guilty
A scammer pretending to be Keanu Reeves hit her up. She hit back.: In ‘Keanu Reeves Reeves Is not in Love With You,’ Becky Holmes takes readers on a guided tour ...
washingtonpost.com/books/2024/04/01/keanu-reeves-romance-scams-holmes-review/
Tories ‘didn’t report Mark Menzies fraud claim as cash came from donors’: Whistleblower tells The Times she felt she had been a ‘fool’ in trying to protect the ...
thetimes.co.uk/article/mark-menzies-fraud-claim-tories-money-donors-whistleblower-hmcv62n2c
Paid articlePaid
FTX’ Sam Bankman-Fried appeals conviction and 25-year sentence for fraud: Bankman-Fried faces steep odds in bid to overturn conviction stemming from the collapse ...
aljazeera.com/news/2024/4/12/ftx-sam-bankman-fried-appeals-conviction-and-25-year-sentence-for-fraud
Singapore convicts first suspect in record money laundering case: Su Wenqiang was one of 10 people of Chinese origin arrested in a major money laundering scandal ...
cnbc.com/2024/04/02/singapore-convicts-first-suspect-in-record-money-laundering-case.html
ED attaches Rs 98 cr worth assets of actor Shilpa Shetty, husband Raj Kundra in Bitcoin fraud case
financialexpress.com/india-news/ed-attaches-rs-98-cr-worth-assets-of-actor-shilpa-shetty-husband-raj-kundra-in-bitcoin-fraud-case/3460935/
Triangular fraud: What's behind the new scam: Goods at bargain prices? Watch out: A new form of triangular fraud is circulating on shopping platforms such as ...
zdf.de/nachrichten/ratgeber/dreiecksbetrug-neue-betrugsmasche-100.html
Giancarlo Esposito Once Considered Committing Insurance Fraud To Help Support His Family
deadline.com/2024/04/giancarlo-esposito-once-considered-committing-insurance-fraud-to-support-his-family-1235889884/
Quick Glance: Giancarlo Esposito considered orchestrating his murder during financial crisis
- Breaking Bad actor Giancarlo Esposito contemplated having himself killed to secure an insurance payout for his family when he was financially struggling.
- After facing two bankruptcies and a foreclosure, Esposito landed the iconic role of Gustavo Fring in Breaking Bad.
- Despite having worked since the 1980s, it was his role in Breaking Bad that truly brought Esposito into the spotlight.
- Esposito is open to the idea of further involvement in the Breaking Bad universe, expressing interest in a prequel series centered around Gus Fring.
NASDAQ value TMTG share: Trump Media is a "scam" according to Barry Diller - Shareholders are “idiots”
finanzen.net/nachricht/aktien/hartes-urteil-ueber-tmtg-barry-diller-trump-media-ist-ein-34-betrug-34-aktionaere-sind-34-idioten-34-13413042
Quick Glance: A Swift Tech-Stock Bubble and Burst in Three Weeks
- The value proposition of buying shares of Truth Social's parent company revolves around Donald Trump's ability to make you wealthy, a unique focus.
- Trump's history of promising financial gains extends to the realm of Truth Social stock, which currently presents a stark contrast.
- The current trajectory of Trump's stock value compared to its initial rise creates a tech-stock bubble phenomenon.
- Examining what Truth Social offers without the Trump factor reveals its foundation as a social network built on Mastodon, lacking technical uniqueness.
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