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☆ Fraud like nobody's watching: Trump was probed for 5 years, and still wouldn't clean up his act
▼ + stars: | 2024-02-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

Donald Trump's fraud verdict targets three things he values dearly: his cash, his New York business address, and the Trump Organization steering wheel. Otherwise, as Engoron noted in his verdict, Trump, his company, and his sons, Donald Trump Jr. and Eric Trump, "are likely to continue their fraudulent ways." In previous years, Trump has settled allegations of fraud involving the Trump Foundation, Trump University, and the 2017 Inaugural Committee, Amer pointed out in closings. The same day James concluded her initial investigation and filed her massive Trump fraud lawsuit, on September 21, 2022, Trump incorporated "Trump Organization II" in what her office worried was an attempt to shift and protect assets. Advertisement"In short," they added, Trump and Trump Organization leadership "have proven themselves incapable, time and again, of following the law."

Persons: Trump, Donald Trump's, —, he's, Letitia James, Arthur Engoron, James, he'll, Barbara Jones —, Judge Jones, Jones, Engoron, Donald Trump Jr, Eric Trump, Cushman, Trump's, Allen Weisselberg, Patrick Birney, Birney, Weisselberg, Donald, — Trump, Andrew Amer, Amer, — Jones, Jean Carroll, Kevin Wallace, Christopher Kise, Kise, She's Organizations: NY, Trump Organization, Trump, GOP, New York, Deutsche Bank, Mazars, Trump Org, Trump Foundation, Trump University, New, Independent Monitor Locations: New York, Mazars USA, Wakefield, Trump

☆ Wells Fargo repays clients $40 million for excessive investment advice fees
▼ + stars: | 2023-08-25 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Wells Fargo paid back $40 million to almost 11,000 customers who for years were overcharged on fees for investment advice, the Securities and Exchange Commission said Friday. Wells Fargo neither admitted nor denied the allegations, the agency said. However, internal systems failed to account for those reduced advisory fees in some cases, the SEC said. (AG Edwards and Wachovia merged in 2007; Wells Fargo and Wachovia then did so in 2008.) Caroline Szyperski, a spokesperson for Wells Fargo, said the firm is "pleased to resolve this matter."

Persons: Wells Fargo, Wells, There's, — AG, Gurbir Grewal, Caroline Szyperski Organizations: Securities and Exchange Commission, SEC, Finance, —, — AG Edwards, Wachovia —, Edwards, Wachovia Locations: Wells Fargo

☆ Trump indictment reveals new details of Jan. 6, pressure campaign to subvert election
▼ + stars: | 2023-08-02 | by ( Dan Mangan | ) www.cnbc.com time to read: +7 min

Clark floats Insurrection Act ideaOn the same day he accepted Trump's job offer, Clark spoke with a deputy White House counsel. "The previous month, the Deputy White House Counsel had informed [Trump] that 'there is no world, there is no option in which you do not leave the White House [o]n January 20th,'" the indictment notes. On Jan. 3, 2021, the counsel tried to dissuade Clark from taking the job as acting AG, the indictment says. Clark responded, "Well, [Deputy White House Counsel], that's why there's an Insurrection Act." President Donald Trump listens as Vice President Mike Pence speaks during a daily briefing of the White House Coronavirus Task Force in the Rose Garden at the White House, April 15, 2020.

Persons: Donald Trump, Joed Viera, Joe Biden, Jeffrey Clark, Trump, Clark, Mike Pence, Biden, Matt Gaetz's Jan, Bill Clark, —, Rudy Giuliani, Giuliani, Donald Trump's, Jim Bourg, Reuters Giuliani, Mark Milley, Mark Wilson, Milley, it's, Pence, Alex Wong Organizations: Afp, Getty, Justice, Republican, Electoral, Trump, Capitol, Cq, Inc, White, DOJ, National Guard, New York, U.S . Capitol, U.S, Congress, Reuters, United States, Joint Chiefs, Staff, Chiefs, Electoral College, Coronavirus, Force Locations: Erie , Pennsylvania, United States, Washington, —, Jan

☆ Credit Suisse whistleblowers say Swiss bank has been helping wealthy Americans dodge U.S. taxes for years
▼ + stars: | 2023-03-29 | by ( Eamon Javers | ) www.cnbc.com time to read: +14 min

In this article CSCSG.N-CH Follow your favorite stocks CREATE FREE ACCOUNTA sign of Credit Suisse bank is seen at their headquarters in Zurich on March 20, 2023. "To date, no Credit Suisse employees involved in the scheme have faced any consequences from the United States government for their participation." "It's not a question of whether Swiss banks continue to do this, it's a question of which Swiss banks still do this." In a statement to CNBC, a Credit Suisse spokeswoman said it does not tolerate tax evasion. "DOJ must correct its lax oversight of Credit Suisse and hold Credit Suisse accountable for any violations of its plea agreement," he said.

☆ New York wants Trump sanctioned over his 'meritless' claims, including that Trump Org doesn't really exist
▼ + stars: | 2023-01-31 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Trump, his family, and Trump Org made 'meritless' responses to NY's 2022 fraud lawsuit, the AG says. Trump claimed Trump Org can't be named in the AG's suit because it does not exist as a legal entity. On Thursday, Trump objected to the attorney general's use of the words "Trump Organization," and then blanket-denied everything else in the 29th paragraph. The attorney general's demand for sanctions will be heard Wednesday in Engoron's Manhattan courtroom. The second — for allegedly making "frivolous" claims against the attorney general's office — was ultimately rejected by Engoron.

☆ Trump calls the NY attorney general 'Letitia 'Peekaboo' James' and revives claims that she's 'racist' after she sued him for fraud
▼ + stars: | 2022-09-21 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +2 min

Donald Trump lashed out at NY AG Letitia James on Truth Social after she filed a lawsuit against him. The lawsuit alleges fraud and names Trump, his business and his three eldest children. Trump nicknamed her "Peekaboo" and accused her — again — of being "racist." "Another Witch Hunt by a racist Attorney General, Letitia James, who failed in her run for Governor, getting almost zero support from the public, and now is doing poorly against Law & Order A.G. candidate, highly respected Michael Henry," he wrote. Trump has repeatedly called James "racist" in his long-running battle with her.

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