Fraud and false statements
Trump accused of possible witnesses tampering: Here are the highlights from the latest Jan. 6 committee hearing
Committee Chairman Bennie Thompson (D-MS) and Vice Chair Liz Cheney (R-WY) lead the seventh public hearing by the House Select Committee to investigate the January 6th attack on the US Capitol, in Washington, DC, U.S., July 12, 2022. Doug Mills | Reuters The House select committee investigating the Jan. 6 attack on the Capitol accused […]
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Sepp Blatter and Michel Platini: Former heads of FIFA and UEFA cleared of corruption charges by Swiss court
Sepp Blatter and Michel Platini photographed on May 29, 2015. The two were once among the most powerful figures in world football. Michael Buholzer | AFP | Getty Images Former FIFA president Sepp Blatter and former UEFA president Michel Platini were both cleared of corruption charges by a Swiss court on Friday. Blatter, who led […]
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Embattled crypto lender Celsius is a ‘fraud’ and ‘Ponzi scheme,’ lawsuit alleges
Celsius on Thursday was sued by former investment manager Jason Stone, as pressure continues to mount on the firm amid a crash in cryptocurrency prices. Stone has alleged, among other things, that Celsius CEO Alex Mashinsky (above) was “able to enrich himself considerably.” Piaras Ó Mídheach | Sportsfile for Web Summit | Getty Images Crypto […]
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Theranos ex-COO Sunny Balwani found guilty in all 12 fraud charges 6 months after founder Holmes’ conviction
SAN JOSE, Calif. – In the final chapter of the Theranos saga, Ramesh “Sunny” Balwani, the company’s former chief operating officer and ex-boyfriend of founder Elizabeth Holmes, was found guilty of all 12 criminal fraud charges. Balwani had no reaction as the verdict was read at the U.S. District Court in San Jose, California and […]
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Theranos ex-CEO Sunny Balwani found guilty in all 12 fraud charges 6 months after founder Holmes’ conviction
SAN JOSE, Calif. – In the final chapter of the Theranos saga, Ramesh “Sunny” Balwani, the company’s former chief operating officer and ex-boyfriend of founder Elizabeth Holmes, was found guilty of all 12 criminal fraud charges. Balwani had no reaction as the verdict was read at the U.S. District Court in San Jose, California and […]
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Former top Apple lawyer pleads guilty to insider trading
Gene Daniel Levoff, a former lawyer in charge of Apple Inc.’s insider trading policy, exits from federal court in Newark, New Jersey, U.S., on Wednesday, Feb. 20, 2019. Natan Dvir | Bloomberg | Getty Images The former top corporate lawyer at Apple pleaded guilty on Thursday to insider trading charges, for what prosecutors called a five-year […]
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Fraud trial against Elizabeth Holmes’ partner at Theranos nears end
SAN JOSE, Calif. — In a harshly worded closing argument, prosecutors on Tuesday said former Theranos COO Ramesh “Sunny” Balwani “wasn’t a victim, he was the perpetrator of fraud” in the company’s downfall, while his attorney blasted the government’s case calling it inconsistent. The closing statements capped a three-month-long trial where the government alleged Balwani […]
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Former Amazon employee convicted in Capital One hack
Signage is displayed on the exterior of a Capital One Financial Corp. cafe branch in Walnut Creek, California, U.S., on Tuesday, July 18, 2017. Bloomberg | Getty Images A former Amazon Web Services employee was convicted of hacking into Capital One and stealing the data of more than 100 million people nearly three years ago in […]
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As SEC charges first brokerage to run afoul of new investor protection rule, here’s how to find a good financial advisor
Finding a broker or financial advisor you can trust may, at times, seem a daunting task. That’s especially true when investors see sensational stories of brokers fleeing the police in an underwater getaway or faking their death in an airplane crash. Then there are the high-profile fraudsters such as Bernie Madoff, who masterminded the nation’s […]
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Here are the main takeaways from the Jan. 6 Capitol riot committee’s second hearing
U.S. Representative Zoe Lofgren (D-CA), Chairperson Bennie Thompson (D-MS) , Vice Chair U.S. Representative Liz Cheney (R-WY) listen during the second public hearing of the U.S. House Select Committee to Investigate the January 6 Attack on the United States Capitol, at Capitol Hill, in Washington, U.S. June 13, 2022. Joshua Roberts | Reuters The House […]
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