The ex-girlfriend of disgraced crypto mogul Sam Bankman-Fried and a co-founder of FTX pleaded guilty to fraud charges in the collapse of the cryptocurrency exchange and are both cooperating with federal prosecutors, officials announced Wednesday night. Caroline Ellison, the former CEO of Bankman-Fried’s crypto hedge fund company Alameda Research, and Gary Wang, a co-founder of…
DetailsSam Bankman-Fried, former boss of failed cryptocurrency exchange FTX, has arrived by plane in New York from the Bahamas to face fraud charges. The 30-year-old was extradited on suspicion of committing “one of the biggest financial frauds in US history”, US authorities have said. Mr Bankman-Fried, who denies the allegations, may appear in court later…
DetailsA former U.S. law firm partner who was convicted in a fraud scheme with pharmaceuticals industry executive Martin Shkreli has asked the U.S. Supreme Court to limit prosecutors from tapping his retirement accounts to enforce a $10.4 million restitution order. Lawyers for Evan Greebel on Wednesday filed a petition at the high court that challenges…
DetailsDisgraced FTX crypto mogul Sam Bankman-Fried’s ex-girlfriend Caroline Ellison was facing up to 110 years in prison before she agreed to cooperate with the federal government, her plea agreement shows. The former Alameda hedge fund CEO, 28, pleaded guilty to federal fraud charges in an agreement signed on Monday. “The total maximum sentence of incarceration…
DetailsA nationwide shoplifting epidemic is crippling the finances of brick-and-mortar retailers, which warn that they may be forced to raise prices or even shutter stores in order to offset tens of billions of dollars in lost inventory. The National Retail Foundation is estimating that it lost $94.5 billion last year due to “shrink” — an…
DetailsMichael James Pratt, the man responsible for organizing the elaborate sex trafficking scheme and website Girls Do Porn, which forced and coerced potentially hundreds of women into having sex on camera, was arrested in Spain on Friday. The tweet doesn’t name Pratt, but says that the man in the video is a New Zealander on…
DetailsATHENS – Greek Member of the European Parliament Eva Kaili, who remains jailed in Brussels until a trial on charges of taking bribes from Qatar – as does her partner – now has seen land they own on the island of Paros confiscated by Greece’s anti-money laundering agency. That came as one of her lawyers,…
DetailsMARINA DEL REY, Calif. — A Marina Del Rey couple is breathing a sigh of relief heading into Christmas with a refund from Wells Fargo after they had their life savings wiped out of their bank accounts last week. Even though their money has been returned, they want to raise awareness on hidden fraudulent accounts that…
DetailsA pediatrician found with his throat slashed in a Manhattan park was seen driving his car out of his Bronx apartment building garage just hours before his gruesome demise, a “shocked” longtime resident said. The body of doomed doctor Bruce Maurice Henry, 60, was found early Friday, on a stairway near 120th Street in Marcus…
DetailsStrip club is owned by organized crime Gangsters, gangs, and organized crime have a long history dating back before Hollywood and somehow tied to glamour. However, what also has a long history is the cabaret. And we do not mean THE Cabaret, the musical inspired by Christopher Isherwood’s novel “Goodbye to Berlin.” There seems to…
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