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Two founders of Tornado Cash, the widely known Russian cryptocurrency mixer, have been charged with laundering more than $1 billion in criminal proceeds. Charges in the indictment include conspiring to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money transmitting business. The third co-founder, Alexey Pertsev, who is not mentioned in this action, faces trial in Amsterdam over his involvement with Tornado Cash. Tornado Cash is used by some people as a legitimate way to protect their privacy in the still-nascent crypto market. Using a crypto mixing service like Tornado Cash masks those details by anonymizing the funds and concealing the identity of the buyer.
Persons: Roman, Semenov, Storm, James Smith, Alexey Pertsev, Roman Semenov, Damian Williams, Brian Klein, Waymaker, Klein, Lazarus Organizations: Tornado, Lazarus, Justice Department, CNBC, Tornado Cash, Storm, Federal Bureau of Investigation, Foreign Assets, Lazarus Group, U.S . Treasury, Treasury Department Locations: Russian, Korean, Washington, York, Amsterdam, U.S, Harmony
REUTERS/Mike Segar/File Photo Acquire Licensing RightsNEW YORK, Aug 18 (Reuters) - Lawyers for Sam Bankman-Fried on Friday rejected as "entirely inadequate" the U.S. government's plan for letting the jailed founder of the collapsed FTX cryptocurrency exchange prepare for his October fraud trial. Bankman-Fried's lawyers asked that he be allowed to meet with them five days a week at the Manhattan federal courthouse in preparation for the Oct. 2 trial. The Brooklyn jail, with about 1,549 inmates, has been plagued by conditions that public defenders have called "inhumane." A federal judge suggested in 2021 that the jail and a now-closed federal jail in Manhattan were "run by morons." Bankman-Fried's lawyers previously represented Ghislaine Maxwell, the former girlfriend of disgraced financier Jeffrey Epstein, who complained for months that she could not prepare effectively in the Brooklyn jail for her sex trafficking trial.
Persons: Sam Bankman, Mike Segar, District Judge Lewis Kaplan, Fried, Damian Williams, Prosecutors, Kaplan, Bankman, Ghislaine Maxwell, Jeffrey Epstein, Jonathan Stempel, Rosalba O'Brien Organizations: Court, REUTERS, District, Google, Metropolitan Detention, morons, Thomson Locations: New York City , New York, U.S, Manhattan, Brooklyn , New York, Brooklyn, Palo Alto , California, New York
Damian Simon set up London Blitz Clean in 2015 to help hoarders clear their homes. At first, it was just myself and another former care worker who would do odd cleaning jobs. Then I got a call from a local London council asking for help with a big cleaning job for a hoarder. Some people may hoard cardboard boxes, comic books, and other items, while others hoard trash. Some have told me that keeping their homes clean was difficult as it "just got on top of me."
Persons: Damian Simon, he'd, Simon, I've, we've Organizations: London, Service, National Health Service Locations: Wall, Silicon, London
Braves bid for sweep of free-falling Yankees
  + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com   time to read: +3 min
August 16 - The Atlanta Braves will send veteran right-hander Charlie Morton to the mound in search of the team's 11th series sweep on Wednesday night when they host the New York Yankees in the finale of their three-game set. The Braves recorded an 11-3 win in the series opener Monday and took the second game 5-0 Tuesday to guarantee their first series win over the Yankees since 2001. While Atlanta has won five of its last six games, the Yankees have lost four consecutive contests to drop to .500 for the season. In his last outing on Friday against the New York Mets, Morton pitched five shutout innings, allowing three hits, a career-high seven walks and four strikeouts in the Braves' 7-0 win. The Braves placed Ozzie Albies on the 10-day injured list with a strained hamstring and optioned outfielder Forrest Wall to Triple-A Gwinnett.
Persons: Charlie Morton, Morton, Jack Flaherty, Dylan, Damian Moss, Brian Snitker, Randy Vasquez, We're, Aaron Boone, We've, we've, Aaron Judge, Judge, Boone, He's, That's, I'm, Vaughn Grissom, Luke Williams, Ozzie Albies, Forrest Wall, Williams Organizations: Atlanta Braves, New York Yankees, Braves, Yankees, Atlanta, New York Mets, Miami Marlins, Miami, New, Dodger, Triple, Gwinnett, Los Angeles Dodgers, Thomson Locations: New York, Atlanta, Sunday's
The fraud ground to a halt, prosecutors alleged, after Brackett was unable to attract further investors and simply ran out of funds. It shopped documents claiming $3.7 million in annual revenue around to investors and various short-term lenders, prosecutors allege. Brackett allegedly "transferred Firm-1's funds out of the account," and the company soon collapsed. Centricity's tale echoes the fraud allegedly perpetrated by Charlie Javice, the troubled startup founder of the fintech Frank. Similar to the allegations against Brackett, Javice allegedly manipulated her metrics to convince JPMorgan to acquire her startup.
Persons: Damian Williams, Martin Luther King Jr, Michael Brackett, Brackett, Centricity, Charlie Javice, Frank, Javice Organizations: Attorney, Southern, of, National Action Network House, Justice, Wall Street, JPMorgan, Vision Fund Locations: Manhattan, U.S, Switzerland, Maine
A scene from ‘Boogie Nights’ Photo: New Line CinemaFilm• “Blue Beetle” (Aug. 18): Marvel might be queen bee when it comes to bug-based heroes (Spider-Man, Black Widow, Ant-Man and the Wasp), but DC also has its own stable of creepy-crawly characters. See Jaime Reyes (played by Xolo Maridueña ), who becomes host to the Scarab, a piece of alien biotech that turns him into the Blue Beetle. Susan Sarandon and George Lopez are the bigger names in a cast that also includes Raoul Max Trujillo , Bruna Marquezine , Damián Alcázar , Harvey Guillén and Adriana Barraza .
Persons: Jaime Reyes, Xolo Maridueña, Susan Sarandon, George Lopez, Raoul Max Trujillo, Bruna, Damián Alcázar, Harvey Guillén, Adriana Barraza Organizations: Marvel, DC
He actually hasn’t existed for, like, over 20 years.” These men are serving life sentences at Angola prison in Louisiana. “I’m serving a life sentence for second-degree murder.” “First-degree murder.” “Second-degree murder and armed robbery.” “I’m serving a life sentence.” “A life sentence without parole.” “I was 18 when this crime happened.” “I was 17 years old.” “I was 18 at the time.” “I come here when I’m 17. It shouldn’t have happened.” In the U.S., there are more than 50,000 people serving life without parole, 70 percent of whom are Black. It’s just a life sentence.” A few states have implemented changes in the criminal justice system, including second-look reforms. But they are only a small fraction of those serving life without parole.
Persons: It’s, I’ve, , “ I’m, ” “, , that’s, Damian, aren’t, who’ve, I’d, Don’t, I’m, ” “ I’ve Organizations: I’m, Culinary Arts School, Baton Rouge Community College, National Center for Construction Education, Research, Bury Locations: Angola, Louisiana, U.S
JOHANNESBURG, Aug 8 (Reuters) - South Africa captain Siya Kolisi was included in the squad for next month’s Rugby World Cup but other key players left out because of injury, including influential flyhalf Handre Pollard and World Cup-winning centre Lukhanyo Am. There are 12 World Cup debutants but the Boks kept the bulk of the side that won the tournament in Japan four years ago. Also out is Lood de Jager, the giant lock who was also part of team four years ago. He heads a list of players who compete at a third World Cup tournament. South Africa play in Pool B at the World Cup where they also meet Romania, Ireland and Tonga.
Persons: Siya Kolisi, flyhalf Handre Pollard, Kolisi, Pollard, de Jager, Jacques Nienaber, De Jager, Nienaber, Frans Malherbe, Trevor Nyakane, Eben Etzebeth, Steph du Toit, Duane Vermeulen, Damian de Allende, Jesse Kriel, Kurt, Lee Arendse, Faf de Klerk, Andre Esterhuizen, Jaden Hendrikse, Cheslin Kolbe, Willie le Roux, Manie, Makazole Mapimpi, Canan Moodie, Cobus Reinach, Damian Willemse, Grant Williams, Pieter, Deon Fourie, Steven Kitshoff, Jean Kleyn, Vincent Koch, Malcolm Marx, Kubota Spears, Bongi Mbonambi, Franco Mostert, Nche, Marvin Orie, Kwagga Smith, Marco van Staden, Jasper Wiese, Christian Radnedge Organizations: Rugby, Lukhanyo, Scotland, Argentina, SA Rugby, Wales, New Zealand, Twickenham, Romania, Tonga, Squad, Panasonic, Knights, Canon Eagles, Harlequins, Suntory, Eagles, Toyota, Honda, Snyman, Leicester Tigers, Thomson Locations: JOHANNESBURG, South Africa, Marseille, Japan, Cardiff, New, Ireland, Montpellier, Ulster, Munster, Stormers
Moody misses out on NZ squad for World Cup, Retallick included
  + stars: | 2023-08-07 | by ( ) www.reuters.com   time to read: +3 min
Rugby Union - 2018 Bledisloe Cup Rugby Championship - Australia v New Zealand - Eden Park, Auckland, New Zealand - August 25, 2018 - New Zealand's Joe Moody celebrates with teammates after scoring a try. "But with the compilation of his time off and our programme, having to go into the first part of this World Cup fully loaded, we just want him to go and get some game time. "So whether it'll be round one, round two of the World Cup, we're not sure. Retallick's frequent second-row partner Sam Whitelock was selected for his fourth World Cup. The All Blacks will play the Springboks at Twickenham in London on Aug. 25 and start their World Cup campaign against hosts France in Paris on Sept. 8.
Persons: Joe Moody, Ross Setford, Brodie Retallick, Sam Cane, Loosehead Moody, Ian Foster, We've, he's, Retallick, Josh Lord, Foster, we're, Sam Whitelock, Braydon Ennor, David Havili, Finau, scrumhalf Brad Weber, George Bell, Codie Taylor, Dane Coles, Samisoni Taukei'aho, Ethan de Groot, Fletcher Newell, Nepo, Ofa, Tamaiti Williams, Tyrel Lomax, Scott Barrett, Tupou Vaa'i, Ardie Savea, Dalton Papalii, Luke Jacobson, Shannon Frizell, Aaron Smith, Finlay Christie, Cam Roigard, Beauden Barrett, Damian McKenzie, Richie Mo'unga, Anton Lienert, Jordie Barrett, Rieko Ioane, Caleb Clarke, Emoni Narawa, Leicester Fainga'anuku, Mark Telea, Will Jordan, Nick Mulvenney, Jamie Freed Organizations: Rugby Union, Rugby, REUTERS, All Blacks, Australia, Braydon, Wallabies, last, South, Blacks, Springboks, Twickenham, France, Thomson Locations: New Zealand, Eden, Auckland , New Zealand, France, Hawkes Bay, New, Dunedin, Europe, South Africa, London, Paris, Lincoln
Coca-Cola bottler bulks up challenged empire
  + stars: | 2023-08-02 | by ( ) www.reuters.com   time to read: +2 min
MILAN, Aug 2 (Reuters Breakingviews) - The world’s largest maker of Coca-Cola bottles is growing bigger. Pouncing on Coca-Cola Beverages Philippines, which Coca-Cola (KO.N) itself is selling, is a no-brainer. The $267 billion U.S. drink maker run by James Quincey is offloading its bottling manufacturing around the world to concentrate on its ubiquitous products. At just over 1 times 2022 sales, the price tag looks cheap compared to CCEP’s own nearly 2 times multiple. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: James Quincey, CCEP, Damian Gammell, Lisa Jucca, Aston Martin, Neil Unmack, Oliver Taslic Organizations: MILAN, Reuters, Cola Europacific Partners, Aboitiz Equity Ventures, Cola Beverages Philippines, Twitter, Thomson Locations: Philippines, Japan, India
Springboks change 14 for Argentina rematch in Buenos Aires
  + stars: | 2023-08-01 | by ( ) www.reuters.com   time to read: +3 min
He has continued to cast his net wide and manage the minutes of the players with a further 14 changes for Saturday’s test. The only one to retain their place is flyhalf Manie Libbok, with regular starter Handre Pollard still working his way back from injury. Jasper Wiese is in at number eight, with versatile loose-forwards Franco Mostert and Deon Fourie on the side of the scrum. "There is not a player in our enlarged squad who is fully confident that he will be in the World Cup squad, so the competition for places is intense." The Boks scraped a barely deserved win at Ellis Park on Saturday as they withstood intense pressure from Argentina, and will expect a backlash from the home side.
Persons: Manie Libbok, Andrew Boyers, Hooker Bongi Mbonambi, Gerhard Steenekamp, Jacques Nienaber, Handre Pollard, Fullback Damian Willemse, Canan Moodie, Makazole Mapimpi, Lukhanyo, Andre Esterhuizen, Cobus Reinach, Thomas du Toit, Trevor Nyakane, Marvin Orie, Jean Kleyn, Jasper Wiese, Franco Mostert, Deon Fourie, Nche, Nienaber, Damian Willemse, – Jasper Wiese, – Deon Fourie, Mbonambi, Joseph Dweba, – Vincent Koch, Jean, Luc du Preez, Evan Roos, Herschel Jantjies, Jesse Kriel, Kurt, Lee Arendse, Nick Said, Christian Radnedge Organizations: Rugby Union, International, England, South Africa, Twickenham, Rugby World, Argentina, Springbok, Rugby, Fullback, Ireland, South African Rugby, World, Ellis, Thomson Locations: South, London, Britain, Africa, Buenos Aires, New Zealand, Johannesburg, Mbonambi, France, Argentina
[1/2] Rob Olan (C), employee of the healthcare investment fund Deerfield Management, departs Federal Court in Manhattan in New York, U.S., May 24, 2017. FollowNEW YORK, Aug 1 (Reuters) - A long-running federal insider trading case based on leaks about planned changes to Medicare reimbursement rates will likely end with no convictions, after the remaining defendants agreed to enter deferred prosecution agreements. In the healthcare case, the Manhattan appeals court said the leaked CMS information did not support fraud and theft charges against Huber, Olan and Blaszczak, though prosecutors could retry them on one or two counts each. In their deferred prosecution agreements, Huber and Olan acknowledged trading on and Blaszczak acknowledged passing advance information about a proposed CMS rule change. The case is U.S. v. Blaszczak et al, U.S. District Court, Southern District of New York, No.
Persons: Rob Olan, Lucas Jackson, Theodore Huber, Robert Olan, David Blaszczak, Prosecutors, Huber, Olan, George Washington, Chris Christie's, Christopher Worrall, Blaszczak, District Judge Lewis Kaplan, Blaszczak's, David Patton, Barry Berke, Dani James, Damian Williams, Jonathan Stempel, Conor Humphries, David Gregorio Our Organizations: Deerfield Management, REUTERS, Aetna Inc, Centers, Medicare, Services, Democratic, New, New Jersey Republican, District, Court, Southern District of, Thomson Locations: Manhattan, New York, U.S, Deerfield, New Jersey, Southern District, Southern District of New York
SYDNEY, Aug 1 (Reuters) - Australia's largest pension fund, AustralianSuper, has appointed senior executives to its London office as part of the rapidly growing fund's push to expand its presence overseas. The A$300 billion ($201.39 billion) fund on Tuesday appointed six executives to investment, risk and corporate affairs roles, including Carl Astorri to Head of Investments, Europe; and John Normand, formerly head of cross-asset strategy at J.P. Morgan, to Head of Investment Strategy. Deputy chief investment officer Damian Moloney, who is based in London, said the office was an "important investment engine" for AustralianSuper. AustralianSuper expects to grow to A$500 billion in member assets within five years and will deploy roughly 70% of its inflows to global markets. The fund plans to triple its global team to 300 within three years, spread across its London and New York offices plus a small contingent in Beijing.
Persons: Carl Astorri, John Normand, Morgan, Damian Moloney, Lewis Jackson, Gerry Doyle Organizations: SYDNEY, Investments, Investment Strategy, Thomson Locations: Europe, London, Australia, New York, Beijing
Russian fighter jets have harassed US military drones on numerous occasions throughout July. That incident is just one of several demonstrations of Russian aggression around US military drones this month. Russian military Su-34 and Su-35 aircraft employ flares in the flight path of a US MQ-9 aircraft on July 6, 2023 over Syria. A press officer who goes by callsign Damian looks at a destroyed Russian military vehicle in Novodarivka village, Zaporizhzhia Region, southeastern Ukraine. "These maneuvers, they are to some extent intended to demonstrate Russian military strength," which could appease the country's domestic audience.
Persons: Nicholas Lokker, Alexus Grynkewich, Sabrina Singh, Su, Wagner, Yevgeny Prigozhin, Vladimir Putin, Damian, Putin, Lokker, Assad, Äzzeddin Kasim, Paul Lushenko, Lushenko, Christopher Sommers, AFCENT Organizations: Kremlin, Service, Center, New, New American Security, Islamic, US Air Force, ISIS, US Air Forces Central Command, Pentagon, Donetsk Regions, US, Anadolu Agency, Getty, US Army, Islamic Revolutionary Guard Corps, Quds Force, 421st Expeditionary Fighter Squadron, U.S . Central Command Locations: Wall, Silicon, Syria, Russia, Russian, Ukraine, New American, Moscow, Syria . Washington, Islamic State, Washington, CNAS, Belarus, Novodarivka, Zaporizhzhia Region, Zaporizhzhia, Ukrainian, Iran, Idlib, United States, Western
Helicopter crash puts key Australia-US war games on hold
  + stars: | 2023-07-28 | by ( ) www.reuters.com   time to read: +1 min
SYDNEY, July 29 (Reuters) - Joint military exercises between Australia and the United States were paused on Saturday after an Australian Defence Force (ADF) helicopter involved in the war games crashed into the ocean off the coast of Queensland state. Director of the Talisman Sabre military exercises, Brigadier Damian Hill, said they had been put on hold following the crash. Talisman Sabre comprises two weeks of war games involving more than 30,000 troops and participants from 11 other countries, in a show of force and unity amid China's military build-up in the region. The exercises are taking place in various locations across Australia and include mock land and air combat, as well as amphibious landings. Reporting by Praveen Menon and Sam McKeith; Editing by Sandra Maler and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.
Persons: Richard Marles, Damian Hill, I've, Talisman, Hill, Praveen Menon, Sam McKeith, Sandra Maler Organizations: SYDNEY, Australian Defence Force, ADF, Defence, Talisman Sabre, Sabre, Thomson Locations: Australia, United States, Queensland, Hamilton, Brisbane, Lincoln
NEW YORK, July 27 (Reuters) - Bill Hwang, the founder of Archegos Capital Management, on Thursday asked a judge to let him subpoena documents from 10 banks, in an effort to shift blame as he defends against criminal fraud charges that the firm's collapse was his fault. The office of U.S. Attorney Damian Williams, which is prosecuting Hwang, did not immediately respond to a request for comment. Other banks also lost money when Archegos collapsed, but less than Credit Suisse. That caused it to miss margin calls, and banks to dump stocks that had backed the swaps and which they had bought as hedges. The case is U.S. v. Hwang et al, U.S. District Court, Southern District of New York, No.
Persons: Bill Hwang, Hwang, Damian Williams, Archegos, Goldman Sachs, Jefferies, Mitsubishi UFJ, Morgan Stanley, Nomura, Alvin Hellerstein, Hwang et, Jonathan Stempel, Daniel Wallis Organizations: YORK, Archegos Capital Management, UBS, Credit Suisse, Prosecutors, Bank of Montreal, Deutsche Bank, Mitsubishi, Court, Southern District of, Thomson Locations: Manhattan, Macquarie, Mizuho, U.S, Southern District, Southern District of New York, New York
NEW YORK, July 26 (Reuters) - British billionaire Joe Lewis has surrendered to U.S. authorities in Manhattan and is expected to appear in court later on Wednesday to face insider trading charges, a spokesperson for the U.S. Attorney's office in Manhattan said. Two of Lewis' pilots, Patrick O'Connor and Bryan Waugh, were also charged with insider trading securities fraud. Joe Lewis is a wealthy man," Damian Williams, the U.S. Attorney in Manhattan, said in a statement. Insider trading has long been a focus of Williams' office, dating to 2009 when a crackdown began under one of his predecessors, Preet Bharara. Separately on Wednesday, the U.S. Securities and Exchange Commission filed a civil insider trading case against Lewis, O'Connor, Waugh and Lewis' then-girlfriend Carolyn Carter.
Persons: Joe Lewis, Lewis, Patrick O'Connor, Bryan Waugh, David Zornow, O'Connor, Waugh, O'Connor texted, Mirati, Daniel Levy, Dylan Martinez, Damian Williams, Williams, Preet Bharara, Carolyn Carter, Carter, Gurbir Grewal, Luc Cohen, Jonathan Stempel, Chris Prentice, Chizu Nomiyama, Daniel Wallis Organizations: YORK, U.S, Tottenham Hotspur, Tottenham, Prosecutors, Mirati Therapeutics, Southampton Premier League, Reuters, Tavistock Group, Forbes, Attorney, U.S . Securities, Exchange Commission, SEC, Thomson Locations: British, U.S, Manhattan, United States, New York, Virginia
NEW YORK, July 25 (Reuters) - Joe Lewis, the British billionaire and owner of the Tottenham Hotspur soccer team, has been criminally charged in New York for orchestrating a "brazen" insider trading scheme. Joe Lewis is a wealthy man," U.S. Attorney Damian Williams said in a video on the X social media platform, formerly known as Twitter. Insider trading has long been a focus of Williams' office, dating to 2009 when a crackdown began under one of his predecessors, Preet Bharara. Prosecutors said that in some insider trading cases, Lewis lent money to recipients of his tips, including in Oct. 2019 when he wired $1 million to two pilots so they could buy more Mirati shares. Reporting by Jonathan Stempel and Luc Cohen in New York; Editing by Chris Reese and Lincoln Feast.
Persons: Joe Lewis, Lewis, Damian Williams, " Williams, Williams, Preet Bharara, Mirati, Boss, Marty, JPMorgan Chase, Jonathan Stempel, Luc Cohen, Chris Reese, Lincoln Organizations: YORK, Tottenham Hotspur, Prosecutors, U.S, Tavistock Group, Forbes, Therapeutics, Biosciences, Australian Agricultural, U.S . Securities, Exchange Commission, JPMorgan, Thomson Locations: New York, Tavistock, Bear Stearns
Companies Mirati Therapeutics Inc FollowNEW YORK, July 26 (Reuters) - The British billionaire Joe Lewis pleaded not guilty on Wednesday to orchestrating what prosecutors called a "brazen" insider trading scheme by passing tips about companies in which he invested to friends, private pilots and a former girlfriend. Two of Lewis' pilots, Patrick O'Connor and Bryan Waugh, also pleaded not guilty to related insider trading charges, after being accused of making millions of dollars in illegal profit from Lewis' tips. British billionaire and Tottenham Hotspur owner Joe Lewis exits the United States Courthouse in Manhattan, following his appearance on insider trading charges, in New York City, U.S., July 26, 2023. Insider trading has long been a focus of Williams' office, dating to 2009 when a crackdown began under one of his predecessors, Preet Bharara. Separately on Wednesday, the U.S. Securities and Exchange Commission filed a civil insider trading case against Lewis, O'Connor, Waugh and Lewis' former girlfriend Carolyn Carter.
Persons: Joe Lewis, Lewis, Valerie Figueredo, Nicolas Roos, Patrick O'Connor, Bryan Waugh, David Zornow, O'Connor, Waugh, O'Connor texted, Mirati, Amr Alfiky Mirati, Prosecutors, Damian Williams, Williams, Preet Bharara, Carolyn Carter, Carter, Gurbir Grewal, Luc Cohen, Jonathan Stempel, Jody Godoy, Chris Prentice, Chizu Nomiyama, Daniel Wallis Organizations: Mirati Therapeutics, Tottenham Hotspur, Aviva, Tavistock Group, Forbes, Tottenham, Prosecutors, United, REUTERS, U.S, Attorney, U.S . Securities, Exchange Commission, SEC, Thomson Locations: British, Manhattan, United States, New York City, U.S, New York, Virginia, South Korea
Federal prosecutors charged Joseph C. Lewis, the British billionaire who owns the Tottenham Hotspur English soccer club, with insider trading on Tuesday, accusing him of illegally funneling nonpublic information to associates to trade on. In a 29-page indictment, prosecutors in Manhattan accused the 86-year-old financier of doling out tips to friends and associates, including his pilots, personal assistants and romantic partners from 2019 to 2021. “He used inside information as a way to compensate employees and shower gifts on friends and lovers,” Damian Williams, the United States Attorney for the Southern District of New York, said in a statement. “It’s cheating and against the law.”Prosecutors also accused Mr. Lewis of conspiring to hide a roughly 20 percent stake in Mirati Therapeutics, a pharmaceutical company, through a series of shell companies and false statements to the Securities and Exchange Commission.
Persons: Joseph C, Lewis, ” Damian Williams, “ It’s, ” Prosecutors Organizations: Tottenham Hotspur English, United States, Southern, of, , Mirati Therapeutics, Securities and Exchange Commission Locations: Manhattan, of New York
Tottenham Hotspur owner Joe Lewis has been charged by federal prosecutors with insider trading. The British billionaire passed information to his pilots, assistants, and romantic partners, an indictment says. In one case cited, Lewis is said to have lent his pilots $500,000 each to buy stock before insider information became public. British billionaire Joe Lewis has been charged by federal prosecutors with insider trading, with prosecutors saying that he passed information to personal pilots, assistants, romantic partners, and a friend he played poker with. According to the indictment, Lewis even gave his pilots $500,000 each in short-term loans so that they could buy stock before the news became public.
Persons: Joe Lewis, Lewis, Damian Williams, Williams, David M, Zornow, Mr, Mirati, couldn't Organizations: Tottenham Hotspur, Morning, Court, Southern, of, US, Bloomberg, Tavistock Group, English, Solid Biosciences, Australian Agricultural Company Locations: of New York, Bahamas, Argentina, Queensland, Tavistock, Mirati
It’s a proposed deal which reportedly includes a staggering $775 million salary packet for the 24-year-old Mbappé. News of the offer spread through social media on Monday and caught the attention of the NBA’s biggest stars. Milwaukee Bucks star Giannis Antetokounmpo posted a picture of himself to Twitter, with the caption: “Al Hilal you can take me. It’s a figure dwarfed by the earnings that Mbappé would reportedly receive for one season at Al Hilal. CNN has reached out to PSG, Al Hilal and Mbappé’s representatives for comment.
Persons: Saint Germain, Al Hilal, It’s, Giannis Antetokounmpo, “ Al Hilal, ” Al Hilal, e nch ca, Organizations: CNN, PSG, Saudi, Milwaukee Bucks, Twitter Locations: Paris, Saudi Arabian, Al
Last week, the Manhattan U.S. attorney, Damian Williams, called for an outside authority to take control of the jails, saying that “after eight years of trying every tool in the tool kit we cannot wait any longer for substantial progress to materialize.” And the federal judge who appointed the monitor as part of a civil rights case against the jails, Laura Taylor Swain, has recently signaled a deep frustration with the city’s Correction Department. For his part, Mr. Molina and his staff members have touted progress, pointing to department statistics that show a decrease in deaths, as well as in slashings and stabbings. But the creation of the new, tight-lipped investigative group — known as the special investigations unit — and other moves emanating from the commissioner’s office have called into question whether such statements can be trusted, records and interviews show. While there is nothing inherently wrong with a commissioner changing the structure of the units within the department, former correction officials say, the new unit’s refusal to divulge details of one violent incident has hampered the work of the monitor and other watchdog groups. The unit that is now being criticized was created on the same day in April that the federal monitor, Steve J. Martin, filed a report with the court praising the department’s willingness to take steps toward reform.
Persons: Damian Williams, Laura Taylor Swain, Molina, Steve J, Martin Organizations: Manhattan U.S, city’s, Department Locations: slashings
The “heat hell” searing parts of the United States and southern Europe would have been “virtually impossible” without climate change, while climate change made China’s heat wave at least 50 times more likely, according to a rapid attribution analysis from the World Weather Attribution initiative. They found that “the role of climate change is absolutely overwhelming,” said Friederike Otto, a senior lecturer in climate science at the Grantham Institute for Climate Change and the Environment at Imperial College London. The scientists found that climate change not only drastically increased the likelihood of these heat waves happening, but it is also making them hotter. Planet-heating pollution made Europe’s heat wave 2.5 degrees Celsius hotter, the North American heat wave 2 degrees Celsius hotter and China’s heatwave 1 degree Celsius hotter, according to the report. More than 61,000 people died of heat-related deaths during Europe’s record-breaking heat wave last year, according to a recent study.
Persons: Greg Baker, , Friederike Otto, Otto, Lefty Damian, ” Otto, Richard Allan Organizations: CNN, Northern Hemisphere, WWA, Getty, Grantham Institute, Climate, Environment, Imperial College London, Anadolu Agency, University of Reading Locations: United States, Europe, Death, Phoenix, China, Spain, Italy, Beijing, AFP, Mexico, Southern Europe, Greece's Rhodes, Greece
CNN —British billionaire and owner of the Tottenham Hotspur football club Joe Lewis was indicted on insider trading charges by the United States Attorney’s Office for the Southern District of New York, the office announced Tuesday. In a video posted to social media, US Attorney Damian Williams accused Lewis of orchestrating a “brazen insider trading scheme” between 2013 and 2021, passing confidential trading tips to his “romantic partners, his personal assistants, his private pilots, and his friends,” helping them make millions of dollars. On other occasions, Lewis allegedly pressed his personal assistants and romantic partners to trade on the information he provided as soon as possible. Lewis is the majority owner of the Premier League football team, Tottenham Hotspur, and the founder of private equity company Tavistock Group, which invests in more than 200 companies across 13 countries, according to its website. Mr. Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court.”Neither Tottenham Hotspur nor Tavistock Group immediately responded to a request for comment.
Persons: Joe Lewis, Damian Williams, Lewis, , David M, Zornow, Tottenham Organizations: CNN, Tottenham Hotspur, United States Attorney’s Office, Southern, of, Bloomberg, Premier League football, Tavistock Group, Tavistock Locations: British, of New York
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