Laws
Health care fraudster Philip Esformes is latest Trump clemency recipient to be arrested
Philip Esformes booking photo by Miami-Dade County Corrections and Rehabilitation Source: Miami-Dade County Corrections and Rehabilitation Philip Esformes, whose 20-year prison sentence for a massive, $1.3 billion Medicare fraud scheme was commuted in 2020 by then-President Donald Trump, was arrested over the weekend in Florida on domestic-violence related charges. Esformes is at least the seventh […]
Read More
Election betting: Appeals court fast-tracks CFTC challenge to Kalshi political bets
People vote on the first day of Virginia’s in-person early voting at Long Bridge Park Aquatics and Fitness Center on September 20, 2024 in Arlington, Virginia. Andrew Harnik | Getty Images A federal appeals court has fast-tracked the Commodity Futures Trading Commission’s case challenging the right of the event exchange Kalshi to offer U.S. political […]
Read More
Prosecutors seek years in prison for Trump Media insider trading Shvartsman brothers
Michael Shvartsman walks following a hearing at the Manhattan Federal Court, in New York City, U.S. July 20, 2023. Amr Alfiky | Reuters Prosecutors are asking a New York federal court judge to sentence two brothers to years in prison for their admitted insider trading in a blank-check company’s securities before it announced a planned […]
Read More
Horst Jicha skips bail in $150 million USI Tech crypto fraud case in New York
Horst Jicha discussing cryptocurrency. Source: Team Business Global | YouTube A German national who was under home detention in New York City on a $5 million bond guaranteed by his domestic partner and children in a case in which he was charged with overseeing a $150 million cryptocurrency fraud is now a fugitive. “There’s a […]
Read More
TD Bank expected to pay $3 billion in fines and limit growth in DOJ settlement: Report
A TD bank stands in Brooklyn on June 04, 2024 in New York City. Spencer Platt | Getty Images TD Bank is reportedly expected to pay a whopping $3 billion in fines to the Department of Justice and financial crimes regulators to settle a federal probe over its alleged failure to monitor money laundering by […]
Read More
Kalshi expands Trump, Harris election bet options, adds Senate races, CFTC complains
The Commodity Futures Trading Commission headquarters in Washington, DC, U.S. Ting Shen | Bloomberg | Getty Images KalshiEx has listed more than two dozen new options in recent days for the exchange’s customers to bet on political outcomes, including the presidential race, the popular vote and Electoral College margins of that race, and individual Senate […]
Read More
TikTok sued over ‘addictive’ features that cause physical and mental harm to kids
A bipartisan group of more than a dozen state attorneys general is filing lawsuits on Tuesday against social media giant TikTok, with one complaint accusing the company of deceiving users by claiming that its app is safe for children, despite its addictive features, and for allegedly operating an unlicensed money transmission business. “Our lawsuit is […]
Read More
Supreme Court rejects Martin Shkreli fine appeal
Former drug company executive Martin Shkreli and his lead attorney Benjamin Brafman arrive at U.S. District Court for the fourth day of jury deliberations in his securities fraud trial in the Brooklyn borough of New York City, U.S., August 3, 2017. Amr Alfiky | Reuters The Supreme Court on Monday rejected a bid by notorious […]
Read More
Singapore court charges property billionaire Ong Beng Seng over scandal involving former minister
Billionaire hotelier Ong Beng Seng attends a news conference in Singapore May 11, 2007. SINGAPORE — Singapore on Friday charged property billionaire Ong Beng Seng on two counts relating to the obstruction of justice and abetment, according to local media, in a case involving a former government minister. Ong, a Singapore-based Malaysian businessman, is the […]
Read More
Trump election conspiracist Tina Peters sentenced to 9 years in prison by Colorado judge
Mesa County Clerk and Colorado Republican candidate for secretary of state Tina Peters reacts to early election returns during a primary night watch party at the Wide Open Saloon on June 28, 2022 in Sedalia, Colorado. Marc Piscotty | Getty Images Tina Peters, a former Colorado county clerk who espoused the false conspiracy theory that […]
Read More