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☆ Personal pilot for billionaire Joe Lewis pleads guilty to insider trading scheme
▼ + stars: | 2024-02-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Damian Williams, U.S. Attorney for the Southern District of New York, speaks during a press conference in New York City, Sept. 22, 2023. A personal pilot for British billionaire investor Joe Lewis pleaded guilty Monday to securities fraud related to the same insider trading scheme that Lewis admitted guilt in a month ago, federal prosecutors in New York said. The pilot, Patrick O'Connor, on multiple occasions, received material, nonpublic information about companies from Lewis that O'Connor then used to trade in shares of those firms, prosecutors said. Lewis is the principal owner of the Tavistock Group, a private investment firm, and controlled one or more board of director seats at companies in which he shared nonpublic information with O'Connor that the pilot then traded on, prosecutors said. Lewis, through a family trust, formerly controlled a majority ownership stake in the English Premier League soccer team Tottenham Hotspur.

Persons: Damian Williams, Joe Lewis, Lewis, Patrick O'Connor, O'Connor, Mirati Organizations: Attorney, Southern, of, Tavistock Group, English Premier League soccer, Tottenham Hotspur, Mirati Therapeutics, Manhattan U.S, Attorney's Locations: U.S, of New York, New York City, New York

☆ US agents fooled a yakuza boss into giving them weapons-grade plutonium he thought would be sold to Iran: court docs
▼ + stars: | 2024-02-22 | by ( Mikhaila Friel | Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +4 min

US officials say they arrested a Japanese crime boss trying to sell nuclear fuel. The documents said Takeshi Ebisawa thought the fuel would go to an Iranian nuclear-weapons program. AdvertisementUS agents say they tricked a Japanese crime lord into handing over nuclear fuel to them in an audacious sting operation. They said the DEA fooled Ebisawa into believing he was selling them a shipment of plutonium and uranium to help Iran to build nuclear weapons. AdvertisementThey say Ebisawa was invited onto a video call with somebody posing as an Iranian general as part of the ruse.

Persons: Takeshi Ebisawa, —, Ebisawa, Damian Williams, Somphop Singhasiri Organizations: Service, Business, Department of Justice Locations: Iranian, Iran, Brooklyn, Myanmar, Thailand, Burma

☆ Japanese Crime Boss Trafficked Nuclear Material From Myanmar, U.S. Says
▼ + stars: | 2024-02-21 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

A man identified by federal prosecutors as a leader of Japan’s Yakuza organized crime syndicate was charged on Wednesday with trafficking uranium and plutonium from Myanmar with the expectation that Iran would use the material to make nuclear weapons. The man, Takeshi Ebisawa, is accused of conspiring with a network of associates to sell the weapons-grade material and illegal narcotics and to buy surface-to-air missiles on behalf of an ethnic insurgent group in Myanmar, the country formerly known as Burma. “It is impossible to overstate the seriousness of the conduct alleged in today’s indictment,” Damian Williams, the U.S. attorney in Manhattan, said in announcing the charges. Mr. Ebisawa, 60, is being held in a federal jail in Brooklyn after being charged, along with three co-defendants, with international drug and weapons trafficking crimes in 2022. A lawyer representing him in connection with that indictment did not immediately respond to a request for comment on Wednesday.

Persons: Japan’s, Takeshi Ebisawa, ” Damian Williams, Ebisawa Locations: Myanmar, Iran, Burma, U.S, Manhattan, Brooklyn

☆ Feds charge Japanese Yakuza leader with nuclear materials trafficking
▼ + stars: | 2024-02-21 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

The DOJ alleges that a high-ranking member of the Yakuza, Takeshi Ebisawa, was the central figure in a plot to funnel American weapons to ethnic militias in Myanmar in exchange for heroin and meth. Federal prosecutors in New York on Wednesday said they charged a Japanese Yakuza leader with conspiring to traffic nuclear materials from Burma to other countries in the belief that they would be used by Iran to make a nuclear weapon. "A U.S. nuclear forensic laboratory later analyzed the samples and confirmed that the samples contain uranium and weapons-grade plutonium," the statement said. Williams said Ebisawa "brazenly trafficked" the nuclear material while believing it would be used to develop a nuclear weapons program." The top prosecutor also said that even as he tried to sell the nuclear materials, the Yakuza leader "also negotiated for the purchase of deadly weapons, including surface-to-air missiles," M60 machine guns, AK-47s and armor-piercing ammunition.

Persons: Takeshi Ebisawa, Ebisawa, Damian Williams, Williams Organizations: DOJ, U.S . Drug, Administration, Attorney's, U.S, AK Locations: Myanmar, New York, Japanese, Burma, Iran, Thailand, Iranian, Manhattan, U.S

NEW YORK (AP) — In announcing 70 arrests, a federal prosecutor said Tuesday that the largest public housing authority in the nation was infested by a “classic pay-to-play” culture of corruption that dispensed repair jobs valued at under $10,000 to contractors willing to pay bribes. Bribery and extortion charges led to a roundup of current and former employees of the New York City Housing Authority that represented the largest single-day bribery takedown in the history of the U.S. Justice Department, Williams said. Photos You Should See View All 45 Images“If the contactors didn’t pay up, the defendants wouldn’t give them the work. The city's public housing authority receives over $1.5 billion in federal funding from the U.S. Department of Housing and Urban Development each year. Some defendants, authorities said, demanded even greater amounts of money in return for using their discretion to favor one contractor over another.

Persons: —, Damian Williams, Williams, ” Organizations: Yorkers, New, New York City Housing Authority, U.S . Justice Department, U.S . Department of Housing, Urban Development Locations: New York City, ”, New York , New Jersey , Connecticut, North Carolina

☆ Former CIA employee sentenced to 40 years in prison after carrying out largest data leak in agency’s history
▼ + stars: | 2024-02-01 | by ( Rob Frehse | Mark Morales | ) edition.cnn.com time to read: +3 min

CNN —A former CIA employee was sentenced to 40 years in prison after carrying out the largest data leak in the agency’s history, the US Attorney’s Office of the Southern District of New York announced Thursday. He was also found guilty in 2023 of receiving, possessing and transporting child pornography, according to the US Attorney’s Office. He had worked as a computer engineer within the CIA’s Center for Cyber Intelligence, and created cyber tools that could grab data undetected from computers. A year later, investigators said Schulte stole cyber tools and source code and transferred them to WikiLeaks, according to court records. Schulte, who also allegedly lied to CIA and FBI investigators to cover his tracks, was arrested in August 2017 on child pornography charges.

Persons: CNN —, Joshua Schulte –, –, Schulte, “ Joshua Schulte, Damian Williams, ” Williams, Joshua Schulte, Elizabeth Williams, James Smith Organizations: CNN, CIA, US, Office, Southern, of New York, WikiLeaks, CIA’s, Cyber Intelligence, FBI, AP “, Investigators Locations: New York

☆ British billionaire Joe Lewis pleads guilty to U.S. insider trading charges
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: +3 min

British billionaire Joe Lewis pleaded guilty to U.S. insider trading charges on Wednesday, and apologized to a judge for his conduct. Lewis, 86, pleaded guilty to one count of conspiracy to commit securities fraud and two counts of securities fraud, as part of an agreement with the U.S. Attorney's office in Manhattan. Addressing U.S. District Judge Jessica Clarke, Lewis said he knew at the time that what he was doing was wrong. Lewis was charged by federal prosecutors with 16 counts of securities fraud and three counts of conspiracy, for alleged crimes spanning from 2013 to 2021. While Lewis will not plead guilty to the other counts under the terms of his deal, Clarke said she may consider them for sentencing purposes.

Persons: Joe Lewis, David Zorno, Valerie Figueredo, Lewis, David Zornow, Jessica Clarke, Patrick O'Connor, Bryan Waugh, Clarke, Damian Williams Organizations: U.S, Tottenham Hotspur, Tavistock Group, Forbes, Aviva, Prosecutors, Mirati Therapeutics, BCTG, Tango Therapeutics, Manhattan U.S Locations: Manhattan, New York City, United States, New York , Florida, Georgia, Mirati

☆ British billionaire Joe Lewis pleads guilty to insider trading, securities fraud
▼ + stars: | 2024-01-24 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

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. British billionaire Joseph Lewis pleaded guilty Wednesday in New York federal court to securities fraud related to insider trading. Lewis' company, Broad Bay Ltd., also pleaded guilty in the same proceeding to participating in a scheme to hide his ownership of shares of a pharmaceutical company by making false filings and misleading financial statements. "Now, he will pay the price with a federal conviction, the prospect of time in prison, and the largest financial penalty for insider trading in a decade." Lewis, 86, faces a maximum possible sentence of 20 years in prison on the charges he pleaded guilty to in U.S. District Court in Manhattan: one count of conspiracy to commit securities fraud, and two counts of securities fraud.

Persons: Joe Lewis, Joseph Lewis, Lewis, Broad, Damian Williams Organizations: Tottenham Hotspur, United, Broad, Broad Bay Ltd, Manhattan U.S Locations: Manhattan, New York City, U.S, New York, Broad Bay

NEW YORK (AP) — British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York. The 86-year-old businessman entered the plea in Manhattan federal court six months after he was charged in the case. U.S. Attorney Damian Williams said the plea deal includes the largest financial penalty for insider trading in a decade. Broad Bay Limited, which Lewis owns, will pay more than $50 million in financial penalties, the prosecutor said in a release. Federal sentencing guidelines call for a prison sentence of between 18 and 24 months, though Lewis can seek less than that.

Persons: Joe Lewis, Lewis, Damian Williams, —, Joseph Lewis, Williams, Forbes, Lewis ’, Picasso, Matisse, Degas, Woods, Ernie Els, Justin Timberlake, Prosecutors, Jennifer Peltz Organizations: Tottenham Hotspur, Broad, U.S, Premier League, Lewis ’ Tavistock Group, Associated Locations: British, New York, Manhattan, United States, oceanside

☆ Lawyer and Son Ensnared Hundreds of Immigrants in Fraud Scheme, U.S. Says
▼ + stars: | 2024-01-22 | by ( Claire Fahy | More About Claire Fahy | ) www.nytimes.com time to read: +1 min

A Bronx lawyer and his son were arrested on Monday and charged with orchestrating a seven-year immigration scheme that defrauded hundreds of immigrants and caused some of them to be deported, federal prosecutors said. The lawyer, Kofi Amankwaa, 69, and his son, Kofi Amankwaa Jr., 37, advised clients seeking green cards to sign petitions under the Violence Against Women Act, which enables undocumented immigrants who are victims of abuse to gain lawful permanent residence in the United States, prosecutors said. The petitions falsely claimed that the clients were being abused by their children, who were American citizens. The applications for legal residency were often found to be fraudulent and denied, and some of the Amankwaas’ clients were deported. Their services cost as much as $6,000, plus administrative fees, the complaint said.

Persons: Kofi Amankwaa, Kofi Amankwaa Jr, Damian Williams Organizations: U.S, Southern, of Locations: United States, of New York, U.S

Here's the state of play globally for crypto regulation and enforcement in 2023 — and a look at what to expect in 2024. "However, much of their work has involved providing guidance to the industry through enforcement actions," continued Levin. Crypto market participants nevertheless hope that the spate of legal challenges brought to crypto companies in 2023 will bring clarity in the form of new regulations. The U.S.'s dominant role in global finance and its focus on consumer protection plays a crucial role in its leading position in crypto regulation enforcement. The region has been increasingly warming to crypto assets, despite a broader anti-crypto push from China, which banned bitcoin trading and mining in 2021.

Persons: Al Drago, Binance, Sam Bankman, Renato Mariotti, Mariotti, Richard Levin, Nelson Mullins Riley, Levin, ada, Changpeng Zhao, Damian Williams, Brian Armstrong, Armstrong, Alyse Killeen, Scarborough's Levin, FinCEN, Killeen, Diem, USDC, Braden Perry, it's, Kennyhertz Perry, Perry, Bafin Organizations: U.S . Securities, Exchange Commission, Bloomberg, Getty, Regulators, Securities and Exchange Commission, U.S, Alameda Research, U.S . Justice Department's Securities, Commodities, CNBC, Capitol, SEC, Futures Trading Commission, Department of Justice, Scarborough, CFTC, Protocol Labs, Southern, of, Stillmark, Meta, Visa, Mastercard, U.S ., European, IRS, European Union, EU, France's Financial Markets Authority, AMF, Treasury, Monetary Authority of, Three Arrows, Terra Labs, Terra, Hong Kong Securities, Futures Commission, SFC, OSL Locations: Washington, Europe, Asia, U.S, Alameda, of New York, European, Crypto, Ireland, Germany, France, Italy, Netherlands, Singapore, Dubai, Hong Kong, Monetary Authority of Singapore, China, East, Africa

☆ Swiss bank Banque Pictet admits hiding $5.6 billion of Americans’ money from IRS
▼ + stars: | 2023-12-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Banque Pictet, the private banking division of the 218-year-old Pictet Group, will pay about $122.9 million in restitution and penalties as part of an agreement with prosecutors. As part of the deal, the bank also agreed to cooperate with ongoing investigations into hidden bank accounts. The Pictet Group said in a statement that the deal follows its "extensive cooperation with the US authorities, in full compliance with Swiss law." The Pictet Group helped clients evade U.S. taxes by opening, maintaining and concealing undeclared accounts for them, prosecutors charged. The Pictet Group maintained about 529 offshore entities for the U.S. accounts in question during the relevant timeframe.

Persons: Damian Williams Organizations: Internal Revenue Service, Department of Justice, Banque Pictet, DOJ, Justice Department, Attorney, Southern, of, Pictet, Swiss, U.S Locations: Swiss, U.S, of New York, United States

Prosecutors did not name the Indian official or the target, although they did describe the latter as a U.S. citizen of Indian origin. The Indian official is described in the related indictment as a "senior field officer" with responsibilities in "security management" and "intelligence" employed by the Indian government who "directed the plot from India." It was a "matter of concern" that an Indian government official was linked to the plot, foreign ministry spokesperson Arindam Bagchi said on Thursday, adding, "This is also contrary to government policy." 'WE HAVE SO MANY TARGETS'According to U.S. prosecutors, the Indian official recruited Gupta in May 2023 to orchestrate the assassination. The groups have kept alive the movement for Khalistan, or the demand for an independent Sikh state to be carved out of India.

Persons: Nikhil Gupta, Gurpatwant Singh Pannun, Gupta, Hardeep Singh Nijjar, Damian Williams, Biden, Bill Burns, Narendra Modi, Jake Sullivan, Antony Blinken, National Intelligence Avril Haines, Arindam Bagchi, Bagchi, Adrienne Watson, credibly, Pannun, Nijjar, Luc Cohen, Krishn Kaushik, Shivam Patel, Jeff Mason, David Brunnstrom, Heather Timmons, Clarence Fernandez Organizations: U.S . Department of Justice, Indian, U.S . Justice, New, New York City, Prosecutors, Biden, National, National Intelligence, White House National Security Council, Reuters, Administration, Air, Air India Boeing, Thomson Locations: Manhattan, New York City, U.S, New York, India, United States, Canada, Czech, Vancouver, New Delhi, China, Air India, Washington

☆ Indian gov't official directed Sikh separatist's assassination plot in US, DOJ says
▼ + stars: | 2023-11-29 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +3 min

NEW YORK, Nov 29 (Reuters) - An Indian government official directed an unsuccessful plot to assassinate a Sikh separatist on U.S. soil, the U.S. Justice Department said on Wednesday, in announcing charges against a man accused of orchestrating the attempted murder. Prosecutors did not name the Indian official or the target. According to prosecutors, the official recruited Gupta in May 2023 to orchestrate the assassination. The Indian government has complained about the presence of Sikh separatist groups outside India, including in Canada and the United States. The groups have kept alive the movement for Khalistan, or the demand for an independent Sikh state to be carved out of India.

Persons: Nikhil Gupta, Gupta, Damian Williams, Gurpatwant Singh Pannun, Hardeep Singh Nijjar, Nijjar, Luc Cohen, Doina Chiacu, Susan Heavey, Chizu Nomiyama, Mark Porter, Daniel Wallis Organizations: Indian, U.S . Justice, New York City, Prosecutors, Biden, Administration, Air, Air India Boeing, Thomson Locations: U.S, Manhattan, New York, India, Czech, New York City, Washington, United States, New Delhi, Canada, India's Punjab, Vancouver, Air India

☆ Manhattan counterfeit goods: Two arrested in largest seizure in US history, retailing at more than $1 billion
▼ + stars: | 2023-11-16 | by ( Sara Smart | ) edition.cnn.com time to read: +1 min

CNN —Two people have been arrested in the largest seizure of counterfeit goods in US history, including knock-off designer goods with an estimated retail value of more than a billion dollars, officials in New York said. Sow and Jalloh ran the trafficking operation out of a Manhattan storage facility from January to October, the news release from the attorney’s office said. Counterfeit goods were also found during searches of separate locations controlled by Sow and Jalloh, according to prosecutors. NY/ Two arrested in largest counterfeit goods seizure in Manhattan, retailing at more than $1B U.S. Attorney's OfficeApproximately 219,000 counterfeit items with an estimated retail value of $1.03 billion were found during the seizure, including bags, clothes, shoes and other products, prosecutors said. The trafficking charge carries a maximum sentence of 10 years in prison, the attorney’s office said.

Persons: Adama Sow, Abdulai Jalloh, Jalloh, Damian Williams Organizations: CNN, US, Office, Southern, of, Attorney's Locations: New York, of New York, Sow, Manhattan, New York City

☆ Two former NBA players are convicted over roles in health care fraud
▼ + stars: | 2023-11-15 | by ( Jonathan Stempel | Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | ) www.reuters.com time to read: +2 min

Aug 17, 2019; Dallas, TX, USA; Power power forward Glen Davis (0) during the game at the American Airlines Center. Glen Davis, 37, who played for three NBA teams and won a championship in 2008 with the Boston Celtics, was convicted on four counts including wire fraud, health care fraud, conspiring to commit fraud, and conspiring to make false statements. Will Bynum, 40, who played for three teams including the Detroit Pistons, was found guilty of conspiring to make false statements, but acquitted on a fraud conspiracy charge. At least two dozen people including 19 former NBA players, a dentist, a doctor and a chiropractor were implicated in the fraud scheme, with charges first announced in October 2021. Williams, who played with the New Jersey Nets and three other teams, pleaded guilty over his role last year.

Persons: Glen Davis, Jerome Miron, Will Bynum, Damian Williams, Sabrina Shroff, Davis, Victor Henderson, Mr, Bynum, Terrence Williams, Williams, Jonathan Stempel, Stephen Coates Organizations: American Airlines Center, National Basketball Association, NBA, Boston Celtics, Detroit Pistons, U.S, Attorney, Prosecutors, New Jersey Nets, Thomson Locations: Dallas , TX, USA, Manhattan, Beverly Hills, Nevada, Encino , California, New York

☆ Three hours to guilty: How the government nailed Sam Bankman-Fried
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +9 min

David Dee Delgado | ReutersIn Sam Bankman-Fried's fraud trial, prosecutors won quickly by keeping it simple. "While the cryptocurrency industry might be new and the players like Sam Bankman-Fried might be new, this kind of corruption is as old as time," Williams said. Sam Bankman-Fried's parents, seated to the left, react to the verdict. "Sam Bankman-Fried will be remembered as one of the biggest fraudsters of our lifetimes," Mariotti said. WATCH: Sam Bankman-Fried found guilty on all seven counts

Persons: Sam Bankman, David Dee Delgado, CNBC they'd, Yesha Yadav, Fried, Nicolas Roos, Danielle Sassoon, Crypto, Roos, Sassoon, Marc, Antoine Julliard, Renato Mariotti, who's, Bryan Cave Leighton Paisner, Damian Williams, Williams, Andrew Ross Sorkin, Sorkin, that's, It's, SBF, Mariotti, Paul Tuchmann, Wiggin, Dana, Tuchmann, Elizabeth Williams, Caroline Ellison, Bankman, Ellison, James Koutoulas, Koutoulas, Gary Wang, Nishad Singh, FTX coder Adam Yedidia, FTX's, Sun, Kevin J, O'Brien, Mark Cohen Organizations: FTX, Manhattan, Reuters, CNBC, Vanderbilt University ., U.S . Justice Department's Securities, Commodities, Southern, of, Prosecutors, Stanford, Alameda Research, New York Times DealBook, Washington , D.C, U.S, Justice Department, Trading Commission, Securities and Exchange Commission Locations: New York City, London, Chicago, U.S, of New York, Alameda, Washington ,, Bankman, New York

☆ Starbursts, smuggled coffee and Martin Shkreli: How CNBC reported the Sam Bankman-Fried trial
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +13 min

Artist: Elizabeth WilliamsJust before 8 p.m. on Thursday, 12 jurors found Sam Bankman-Fried guilty of all seven counts against him. (CNBC put out a note requesting access ahead of the trial — an email which was ultimately ignored.) Every exit to file a report included another breakneck trip through security, in a sort of run, rinse, repeat cycle — security, courtroom, exit, photographer's car to file, back up through security, over and over again. CNBC correspondent MacKenzie Sigalos reporting on the Sam Bankman-Fried trial from outside the SDNY courthouse at 500 Pearl Street in downtown Manhattan. Around 8:02 p.m., Bankman-Fried, speechless, began to walk to a room just adjacent to the main court.

Persons: Sam Bankman, Elizabeth Williams, Fried, MacKenzie Sigalos, Dan Mangan, Martin Shkreli, Andrew Ross Sorkin, Michael Lewis, Lewis, Indiana Jones, Ben McKenzie, McKenzie, Damian Williams, They'd, Danielle Sassoon, Jane Rosenberg, Joe Bankman, Barbara Fried, Joseph Bankman, Brendan Mcdermid, gaunt, Kaplan, Bankman, Mark Cohen, Judge Kaplan, blankly, Christian Everdell, Cohen Organizations: Alameda Research, Southern, of, CNBC, Auburn University totebag, Capitalism, U.S, Federal Court Locations: of New York, San Francisco, Vegas, Georgia, Manhattan, Indiana, New York City, U.S

After Kaplan left the courtroom, Cohen put his arm around Bankman-Fried as they spoke at the defense table. He testified that while he made mistakes running FTX, such as not formulating a risk-management team, he did not steal customer funds. "We thought that we might be able to build the best product on the market," Bankman-Fried testified. The defense argued the three, who have not yet been sentenced, falsely implicated Bankman-Fried in a bid to win leniency at sentencing. Bankman-Fried has been jailed since August after Kaplan revoked his bail, having concluded he likely tampered with witnesses.

Persons: Sam Bankman, Fried, Bankman, FTX, Damian Williams, Williams, Bernie Madoff, Jordan Belfort, District Judge Lewis Kaplan, Mark Cohen, Kaplan, Cohen, nodded, Joseph Bankman, Barbara Fried, Fried's, Danielle Sassoon, Caroline Ellison, Gary Wang, Nishad Singh, Luc Cohen, Jody Godoy, Will Dunham, Daniel Wallis Organizations: U.S . Justice, U.S, District, Massachusetts Institute of Technology, Marshals, Stanford Law, Prosecutors, Alameda Research, Former Alameda, Thomson Locations: Manhattan, Bankman, New York City, U.S, FTX, Alameda, New York, Lincoln

☆ The US wants a Russian oligarch's seized $300 million superyacht that features an infinity pool, a movie theater, and a helicopter landing pad
▼ + stars: | 2023-10-24 | by ( Paul Squire | Hannah Getahun | ) www.businessinsider.com time to read: +3 min

The US has filed a civil forfeiture case against a $300 million superyacht it alleges is owned by a Russian oligarch. The superyacht was seized in Fiji in 2022 and features an infinity pool and a helicopter landing pad. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe ship was then seized by the US Department of Justice and moved to California where it remains docked. Khudainatov's lawyers told Reuters that they've filed a lawsuit in the US as well seeking to get the superyacht back.

Persons: Suleiman Kerimov, —, Damian Williams, Kerimov, Vladimir Putin, Williams, Andrew Adams, Adams, Eduard Khudainatov, hasn't, they've Organizations: US, Service, BBC, US Department of Justice, Reuters Locations: Russian, Fiji, Ukraine, Vladivostok, North Korea, California

☆ 10 Charged in $20 Million Scheme to Sell Black-Market H.I.V. Drugs
▼ + stars: | 2023-10-20 | by ( Erin Nolan | More About Erin Nolan | ) www.nytimes.com time to read: +1 min

Federal prosecutors have accused 10 people of orchestrating a $20 million scheme to “get rich” by buying and selling black-market H.I.V. medications that in some cases had been purchased from low-income patients who risked their lives by selling it. Some of those accused in the case then used the proceeds to buy luxury cars, waterfront real estate in New York City, designer clothes, jewelry and gold, according to a statement released Friday by Damian Williams, the U.S. attorney for the Southern District of New York. According to a 24-page indictment filed in Federal District Court in Manhattan, the scheme also involved bribing patients to use specific local pharmacies that were involved in the plot and defrauding Medicare, Medicaid and private insurance companies of millions of dollars since 2017. Mr. Williams said those accused in the case had been “preying on vulnerable members of society.” Several of the defendants are facing decades in prison on various charges, including conspiracy to commit wire fraud and health care fraud and money laundering.

Persons: Damian Williams, Williams Organizations: Southern, of, Court Locations: New York City, U.S, of New York, Manhattan

☆ Crypto Influencers and ‘Degenerates’ Flock to Sam Bankman-Fried’s Trial
▼ + stars: | 2023-10-20 | by ( David Yaffe-Bellany | More About David Yaffe-Bellany | ) www.nytimes.com time to read: +1 min

A parade of powerful legal minds has gathered over the last three weeks at the criminal trial of Sam Bankman-Fried, the disgraced cryptocurrency mogul. A prolific YouTuber with a channel devoted to crypto, Taco, 39, has become an unlikely staple in the crowd of lawyers, reporters and curious observers who line up every morning before sunrise to get a seat at Mr. Bankman-Fried’s trial in downtown Manhattan. “Everyone talks about how important crypto is to them,” Taco said. “But then they don’t go to any events.”Taco declined to reveal his real name, citing privacy concerns. But he said he felt compelled to show up for “technically sort of like the trial of the century.”

Persons: Sam Bankman, Damian Williams, Robert Mueller III, Donald J, Taco, Bankman, regaling, ” Taco, I’m, ” Organizations: Trump, Mr Locations: Manhattan

☆ Read the secret Signal messages that could help put Sam Bankman-Fried behind bars
▼ + stars: | 2023-10-19 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Sam Bankman-Fried appears at federal court in New York on Oct. 4, 2023, in this courtroom sketch. Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. In a direct appeal to Bankman-Fried, Singh wrote on Nov. 6, 2022, "one thing that'd seriously help me is if I didn't have debts." Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Prosecutors are relying heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried.

Persons: Sam Bankman, Fried, Claudia Johnson, Caroline Ellison, Gary Wang, Nishad Singh, Ryan Salame, Damian Williams, Yuki Iwamura, Ellison, Bankman, Joe Bankman, Ramnik Arora, Ryne Miller, Constance Wang, Singh, Wang, reassurances, FTX, Changpeng Zhao, he'd, Um, Sam, Binance, Zhao, it's, Sam Trabucco, Ben Xie, Michael Lewis, Lewis, Adam Yedidia, Yedidia, chares, SDNY Singh, Gabe, Salame, Michael Sadowsky, Sadowsky, FTX's, Dawn Giel Organizations: Alameda Research, Stanford, Bloomberg, Getty, Massachusetts Institute of Technology, alameda, Prime Trust Bank Locations: New York, Alameda, Manhattan, U.S, FTX, Sequoia, Alameda's, Bahamas

☆ Charlie Javice, who faces charges after JP Morgan said she defrauded them out of $175 million, says US prosecutors are using 'cherry-picked' evidence to help their case
▼ + stars: | 2023-10-15 | by ( Katie Hawkinson | Jack Newsham | ) www.businessinsider.com time to read: +3 min

Charlie Javice says JP Morgan is withholding thousands of documents that could help her case. Javice is facing federal charges after JP Morgan claimed she defrauded them out of $175 million. Now, the 31-year-old claims JP Morgan has failed to produce "likely thousands" of documents that could help her defense. In April, the federal prosecutors charged Javice with making false claims and submitting false data to JP Morgan after the bank acquired Frank for $175 million. AdvertisementAdvertisementProsecutors said Javice lied to JP Morgan about the number of people relying on her company.

Persons: Charlie Javice, Morgan, Javice, JP Morgan, —, Frank, Slack, Damian Williams, Prosecutors, Mark Kantrowitz, Kantrowitz Organizations: Service, Department of Justice, JP, Federal Student Aid, Justice

WASHINGTON, Oct 12 (Reuters) - U.S. prosecutors say an Israeli private investigator used hackers to steal emails from climate activists who were campaigning against American energy giant Exxon Mobil Corp (XOM.N). Prosecutors stopped short of stating a connection between the Israeli private eye – former policeman Aviram Azari – and Exxon, and the memo did not identify any of his clients. Victims say that leaves a key question unanswered. Exxon pushed back, filing lawsuits that cited press articles, which suggested the activists were using underhanded tactics. “Azari facilitated the hacking scheme by directing groups of hackers, including a particular group of individuals based in India, to target specific victims,’” prosecutors wrote.

Persons: Damian Williams, parry, Prosecutors, Aviram Azari, Kert Davies, Paul Weiss, Bradley Campbell, Williams, Azari, Barry, “ Azari, ’, Raphael Satter, Christopher Bing, Leslie Adler, Richard Chang Organizations: U.S, Exxon Mobil Corp, Southern, of, Exxon, Climate Integrity, Natural Resources, Conservation Law Foundation, Exxon Mobil, Reuters, Thomson Locations: of New York, New York, Massachusetts, India, United States

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