Laws
Yakuza leader pleads guilty to nuclear materials trafficking, narcotics in New York
The DOJ alleges that a high-ranking member of the Yakuza, Takeshi Ebisawa, was the central figure in a plot to funnel American weapons to ethnic militias in Myanmar in exchange for heroin and meth. Ebisawa is charged with narcotics importation, money laundering and conspiracy to acquire surface to air missiles. NBC News A Japanese Yakuza […]
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Trump loses appeals court bid to halt Friday sentencing in hush money case
Former President Donald Trump arrives at Manhattan Criminal Court, Thursday, May 30, 2024, in New York. Seth Wenig | Via Reuters A New York appeals court judge on Tuesday rejected a request by President-elect Donald Trump to delay his criminal sentencing Friday for his conviction in a case related to paying hush money to a […]
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Trump lawyers seek to block sentencing in New York hush money case with appeal
Former U.S. President Donald Trump sits in the courtroom during his hush money trial at Manhattan criminal court on April 26, 2024 in New York City. Michael M. Santiago | Getty Images Attorneys for President-elect Donald Trump sought to block his scheduled sentencing later this week in a New York criminal hush money case, according […]
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Trump sentencing set for Jan. 10, judge leans toward no jail, no probation, no fine
Former U.S. President Donald Trump leaves the courthouse after a jury found him guilty of all 34 felony counts in his criminal trial at New York State Supreme Court in New York on May 30, 2024. Justin Lane | Via Reuters A judge on Friday rejected a request that he dismiss the New York criminal […]
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U.S. files complaint against fintech app Dave and its CEO
Jason Wilk, chief executive officer of Dave, during TechCrunch Disrupt in San Francisco, California, US, on Monday, Oct. 28, 2024. David Paul Morris | Bloomberg | Getty Images The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave Inc and its CEO Jason Wilk for […]
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Last Madoff victim fund payout brings recovery to nearly 94% of Ponzi scheme losses, DOJ says
Financier Bernard Madoff leaves Manhattan Federal court March 10, 2009 in New York City. Madoff attended a hearing regarding the conflicting status of his legal representation in his multi-billion dollar fraud allegations. Chris Hondros | Getty Images The 10th and final distribution from a fund for victims of the late Ponzi scheme king Bernie Madoff […]
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Treasury small business ownership rule on hold as court eyes constitutionality
Key Points Small businesses had been required to report “beneficial ownership information” to the Treasury Department by Jan. 13, 2025, or risk financial penalties. The 5th U.S. Circuit Court of Appeals issued an order late on Dec. 26 that halted enforcement. It comes just days after a previous delay, from Jan. 1. Businesses aren’t required […]
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Trump loses appeal of E. Jean Carroll $5 million defamation verdict
Writer E. Jean Carroll arrives at the 2nd U.S. Circuit Court of Appeals, where former U.S. President Donald Trump will arrive to ask a federal appeals court to overturn a $5 million jury verdict finding him liable for sexually assaulting and defaming her, who accused Trump of raping her nearly three decades ago, in Manhattan, […]
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Treasury delays deadline for small businesses to file new form to avoid risk of fines for noncompliance
Key Points The U.S. Treasury Department delayed a Jan. 1, 2025, deadline to file a new “beneficial ownership information” report by about two weeks, to Jan. 13. It delayed the BOI reporting requirement following recent federal court rulings. The requirement was created by the Corporate Transparency Act, which aims to curb illicit finance. Source
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Singapore Post fires chief executive over handling of whistleblower report
The Singapore Post sign at a post office in Singapore November 2, 2015. Thomas White | Reuters Singapore Post said on Sunday it had dismissed its chief executive and two other senior managers after an internal investigation found they had mishandled whistleblower allegations about misconduct by company employees. The firm’s shares slumped by the most in over […]
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