The Internal Revenue Service headquarters building in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images WASHINGTON — A former Swiss finance executive pled guilty in New York federal court on Thursday to conspiring to defraud the United States in a tax evasion scheme known as the “Singapore Solution” that hid $60 million … Read more
Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, arrives to the E. Barrett Prettyman U.S. District Courthouse on December 15, 2023 in Washington, DC. Anna Moneymaker | Getty Images Rudy Giuliani filed for Chapter 11 bankruptcy protection in New York on Thursday, citing debts that include a nearly $150 million recent … Read more
FILE – In this Aug. 7, 2015 file photo, Philip Esformes arrives at the 15th Annual Harold and Carole Pump Foundation Gala held at the Hyatt Regency Century Plaza, in Los Angeles. Rob Latour | Invision | AP The Supreme Court has refused to hear an appeal from Florida nursing home owner Philip Esformes, whose … Read more
Your Hometown Deli in Paulsboro, N.J. Google Earth A North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company that once had a market capitalization of as high as $100 million despite owning just one, small money-losing deli in southern New Jersey. The man, disgraced former … Read more
Rudy Giuliani at 60 Centre Street in Manhattan on Sept. 8, 2022. Theodore Parisienne | Tribune News Service | Getty Images A federal jury on Friday ordered Rudy Giuliani to pay over $148 million to two Georgia election workers for falsely claiming they committed ballot fraud in the 2020 presidential election. The jaw-dropping figure includes … Read more
Las Vegas Review-journal | Tribune News Service | Getty Images Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of Justice announced Thursday. Four men have been indicted and two arrests have been made in one of the most sweeping enforcement actions yet on a type … Read more
U.S. President Joe Biden pauses as he announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasoline prices, during remarks in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, … Read more
The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Laura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making “false and misleading” statements about one of … Read more
WASHINGTON — The Consumer Financial Protection Bureau on Tuesday announced it has fined U.S. Bank nearly $21 million for cutting off access to unemployment insurance benefits during the height of the Covid-19 pandemic. The Office of the Comptroller of the Currency imposed an additional $15 million penalty on the bank over the same practices. “U.S. … Read more
Rudy Giuliani, the former personal lawyer for former U.S. President Donald Trump, departs the E. Barrett Prettyman U.S. District Courthouse on December 11, 2023 in Washington, DC. Drew Angerer | Getty Images Rudy Giuliani was sued again Monday by two former Georgia election workers who last week won a nearly $150 million defamation verdict against … Read more
