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☆ A 92-year-old lottery winner tried to sue his daughter, saying she bullied him into giving her almost a third of his winnings
▼ + stars: | 2024-01-18 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Read previewA 92-year-old Australian man unsuccessfully attempted to sue his daughter, alleging in a lawsuit that she bullied him into transferring nearly a third of his lottery winnings to her. This story is available exclusively to Business Insider subscribers. A few months later he paid roughly $195,051 in US currency to his daughter Suzanne Vourlides, a little less than a third of his total winnings. Legal representation for Bampton and Vourlides did not immediately respond to Business Insider's requests for comments, which were sent outside of business hours. A Wells Fargo lottery advisor told Business Insider last year that winners frequently struggle to know how to say "no" to family members.

Persons: —, William John Bampton, Suzanne Vourlides, Bampton, Vourlides, Larry Bampton, didn't, Suzanne Sheridan, Sheridan, Emily Irwin, Wells Organizations: Service, Business, Court, Bampton, Wells Locations: Queensland, Australia, Brisbane, Wells Fargo's

Emily Irwin, who works for Wells Fargo Bank, advises lottery winners on how to invest their money. Without any guidance, it can be easy to make bad decisions and blow it all, she told Insider. These are her tips for what lottery winners should do to protect their winnings. We want to make sure that lottery winners protect themselves from having to start all over again and avoid that feeling of going through the process of losing everything. I think having a diversified portfolio and reviewing it with your financial and investment advisors is very important.

Persons: Emily Irwin, Wells, you've, it's, they're Organizations: Wells, Wells Fargo Bank, Wells Fargo Bank's Southern Division Locations: Wells Fargo, Wells Fargo Bank's

Emily Irwin, who works for Wells Fargo Bank, advises lottery winners on how to spend their money. She told Insider that people don't realize that winners are given very little support or guidance. First off, the lottery won't tell you whether to take the money as a lump sum or an annuity. To do this, start by assembling a trusted team of advisors, as the lottery won't provide one for you. Similarly, lottery winners shouldn't suddenly find themselves in the Olympics without proper training.

Persons: Emily Irwin, Wells, I've, overspend, you've, shouldn't, We've Organizations: Wells, Wells Fargo Bank, Wells Fargo Bank's Southern Division, Lottery Locations: Wells Fargo, Wells Fargo Bank's, United States

☆ CreditNinja, which has charged loan customers an interest rate of 447%, is complaining that their $1 million PPP loan forgiveness request was rejected
▼ + stars: | 2023-09-23 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

Short-term lending company CreditNinja is mad about the SBA denying them loan forgiveness. The company charges interest rates as high as 447% in Texas, per KHOU. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. According to Forbes, Kanye West's fashion company Yeezy received over $2 million in PPP loans. Artist Jeff Koons, also notably rich, received a $1.1 million PPP loan in April 2020, according to ProPublica.

Persons: Seamus Hughes's CourtWatch, CreditNinja, CreditNinja wasn't, —, Kanye, Yeezy, Jeff Koons Organizations: SBA, Service, Court, Southern Division, Small Business Association, Relief, Economic, Forbes Locations: Texas, Wall, Silicon, Illinois

☆ Top Ukrainian commander, famed for fighting alongside his troops, killed in action near Bakhmut
▼ + stars: | 2023-09-02 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

Colnel Serhii Ilnytskyi, a commander who fought alongside his soldiers, has died in battle. Colonel Serhii Ilnytskyi was killed in combat for Kurdiumivka, a Donetsk town seven miles south of Bakhmut. The 53-year-old, whose call sign was "Sokil" ("falcon" in English), was the deputy commander of the Ukrainian Volunteer Army and oversaw its operations in the Bakhmut area. The Ukrainian Volunteer Army wrote on X (formerly Twitter): "RIP to our beloved Serhii Ilnytskyi "Sokil" that was such an outstanding commander of the South Detachment." A member of the honor guard carries a portrait of Colonel of the Armed Forces of Ukraine, Serhii Ilnytskyi, during his funeral on August 28, 2023 in Kyiv, Ukraine.

Persons: Colnel Serhii, Serhii Ilnytskyi, Ilnytskyi, Serhii Bratchuk, hasn't, Ilyntskyi, Oleksii, Michael's, Ilnytskyi's Organizations: Service, Ukraine, Kyiv Independent, Ukrainian Volunteer Army, army's Southern Division, Kyiv, Detachment, Kyiv City Council, European Solidarity, Armed Forces of, Getty Locations: Kyiv, Wall, Silicon, Donetsk, Bakhmut, Ukraine, Ukrainian, Armed Forces of Ukraine, Russia, Sydney, Australia, St

☆ Chipotle is suing Sweetgreen over its use of the word 'chipotle' while promoting a new burrito bowl
▼ + stars: | 2023-04-05 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Sweetgreen's chipotle chicken burrito bowl is the subject of a lawsuit filed Tuesday by Chipotle. The Mexican chain's complaint centers on the "chipotle-chicken burrito bowl," which Sweetgreen added to its menu last month. Chipotle's issue isn't that Sweetgreen used the word "chipotle" alone, the company said in a complaint filed Tuesday in U.S. District Court in Southern California. One example cited in the complaint shows a sign that Sweetgreen uses to promote the burrito bowl. A portion of Chipotle's complaint against Sweetgreen shows a Sweetgreen sign promoting the chipotle-chicken burrito bowl, with the word "chipotle" in all-caps and against a red background.

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