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☆ Drunk driver was going 78 mph when he crashed into nail salon and killed 4, prosecutors say
▼ + stars: | 2024-08-02 | by ( Nbc New York | ) www.nbcnews.com time to read: +2 min

A drunk driver who killed four people and injured nine more when he crashed his SUV into a Long Island nail salon was driving 78 mph at the time of the crash, prosecutors said Thursday as the driver pleaded not guilty to a multitude of charges that include murder and vehicular manslaughter. Steven Schwally, 64, entered the pleas to a 38-count indictment for the deadly June 28 crash at the Hawaii Nail & Spa store in Deer Park. Prosecutors said in court papers that Schwally purchased two 375-milliliter bottles of Montebello Long Island Iced Tea at 11 a.m. on the day of the crash. Investigators determined that he was driving 78 mph (125 kph) one second before the crash, prosecutors said. Prosecutors said Schwally had no regular address and had been living in hotels for more than a year.

Persons: Steven Schwally, Schwally, Richard Ambro, Prosecutors, Schwally “, Ray Tierney Organizations: Hawaii, Legal Aid Society of, New York Police Department, Newsday, Traverse, Marine, Prosecutors Locations: Deer Park, Legal Aid Society of Suffolk County, Schwally, Montebello, Deer, ” Suffolk County, Suffolk County

☆ Man accused of decapitating father and posting video of his head is competent to stand trial, judge rules
▼ + stars: | 2024-08-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

DOYLESTOWN, Pa. — The man accused of beheading his father in their suburban Philadelphia home early this year and posting a video of the severed head online is competent to stand trial, a judge ruled Thursday. Corr also granted Mohn’s wish to dismiss his public defender and appoint a different attorney to handle the case. Justin Mohn, 33, of Middletown, Pa., in a video posted to YouTube in which he is also seen holding a decapitated head. “It’s all delusional,” Markey said. According to prosecutors, Mohn fatally shot his father with a pistol and then used a kitchen knife and machete to decapitate Michael Mohn at the Levittown house where they both lived.

Persons: Judge Stephen Corr, Justin Mohn, ”, Corr, Mohn’s, he’d, Mohn, Kelly Chamberlain, Chamberlain, John Markey, King David, Markey, Vladimir Putin, “, ” Markey, didn’t, Ralph Taylor, Michael Mohn, Biden Organizations: National Guard, Levittown, YouTube, WCAU, Prosecutors Locations: DOYLESTOWN, Pa, Philadelphia, Middletown, United States, Russia, Levittown, Ukraine

☆ Justin Mohn: Man accused of beheading father in their home is competent to stand trial, judge rules
▼ + stars: | 2024-08-02 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Doylestown, Pennsylvania CNN —The man accused of beheading his father in their suburban Philadelphia home early this year and posting a video of the severed head online is competent to stand trial, a judge ruled Thursday. Corr also granted Mohn’s wish to dismiss his public defender and appoint a different attorney to handle the case. “It’s all delusional,” Markey said. According to prosecutors, Mohn fatally shot his father with a pistol and then used a kitchen knife and machete to decapitate Michael Mohn at the Levittown house where they both lived. Justin Mohn faces charges of first-degree murder, abusing a corpse and possession of instruments of crime.

Persons: Judge Stephen Corr, Justin Mohn, ”, Corr, Mohn’s, he’d, Mohn, Kelly Chamberlain, Chamberlain, John Markey, King David, Markey, Vladimir Putin, “, ” Markey, didn’t, Ralph Taylor, Michael Mohn, Biden Organizations: Pennsylvania CNN, National Guard, Levittown, Prosecutors, YouTube Locations: Doylestown, Pennsylvania, Philadelphia, United States, Russia, Levittown, Ukraine

☆ Andrew Tate’s defamation lawsuit against human trafficking accuser can proceed, judge says
▼ + stars: | 2024-07-25 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

Fort Lauderdale, Florida (AP) — A judge says controversial social media personality Andrew Tate’s defamation lawsuit against a Florida woman who accused him of imprisoning her in Romania can move forward, but he threw out Tate’s allegations against her parents and some allegations against the woman. Romanian officials indicted the Tates last year, saying the brothers forced seven victims into pornography and subjected them to physical violence. Her attorneys say the lawsuit is in retribution for her reporting him to authorities. Curley dismissed the Tates’ accusations that the woman’s parents defamed them when they told American diplomatic officials about their daughter’s allegations. Attorneys for the Tates and the woman each said Curley’s decision was a win for their side.

Persons: —, Andrew Tate’s, Joseph Curley, Tristan, Curley, ” Curley, Joseph McBride, Judge Curley’s, Andrew, Tristan Tate’s, ”, Dani Pinter, Andrew Tate Organizations: Circuit, Associated Press, Tate, National Center, Sexual, Britain, Prosecutors, YouTube, Facebook, BBC Locations: Fort Lauderdale , Florida, Florida, Romania, Palm Beach, American, Moldovan, Great Britain, United States, Britain

☆ Ex-Military Police Officer Sentenced to Prison for Role in Capitol Riot
▼ + stars: | 2024-07-23 | by ( Ed Shanahan | ) www.nytimes.com time to read: +1 min

A former Army National Guard police officer was sentenced to two and a half years in prison on Tuesday after admitting that he pepper-sprayed law enforcement officers, while a mob of former President Donald J. Trump’s supporters stormed the U.S. Capitol on Jan. 6, 2021. He surrendered two days later, and in April he pleaded guilty to assaulting, resisting or impeding officers during the Capitol riot, federal prosecutors said. Judge James E. Boasberg of Federal District Court in Washington, D.C., also sentenced Mr. Yetman to 18 months of supervised release and ordered him to pay $2,000 in restitution. Prosecutors had sought a 45-month prison term; Mr. Yetman’s lawyer, Nicholas D. Smith, had asked for 17 months. Mr. Smith declined to comment on the sentence.

Persons: Donald J, Trump’s, Gregory C, James E, Yetman, Prosecutors, Yetman’s, Nicholas D, Smith Organizations: Army National Guard, U.S, Capitol, Guard, Court, Washington , D.C Locations: Helmetta, N.J, New Jersey, Federal, Washington ,

The billionaire founder of South Korean technology giant Kakao, Kim Beom-Su, was arrested on Tuesday on allegations of stock manipulation related to the company’s investment in one of the country’s largest K-pop agencies. A high-profile bidding war broke out over the agency, SM Entertainment, early last year. Prosecutors allege, Kakao manipulated SM Entertainment’s stock price to hinder Hybe, the company behind BTS, from acquiring the agency, whose roster of artists includes Girls’ Generation. Last year, prosecutors indicted Kakao’s chief investment officer and the company itself on stock manipulation charges. The Seoul Southern District Court confirmed that Mr. Kim had been arrested on Tuesday morning.

Persons: Kim Beom, Kakao, Mr, Kim Organizations: SM Entertainment, Prosecutors, Seoul Southern, Court Locations: Korean, Hybe, Seoul

☆ Rapper Sean Kingston and his mother face federal wire fraud charges
▼ + stars: | 2024-07-19 | by ( Denise Royal | Sara Smart | ) edition.cnn.com time to read: +2 min

CNN —A federal grand jury in Miami charged rapper Sean Kingston and his mother each with one count of conspiracy to commit wire fraud and five counts of wire fraud, according to an indictment filed last week and announced Friday in a news release from the US Attorney’s Office, Southern District of Florida. Kingston, 34, whose real name is Kisean Anderson, and his mother, Janice Turner, 61, were arrested in May on fraud and theft-related charges after a SWAT team raided Kingston’s home. “We look forward to litigating this case and defending Sean in federal court,” Kingston’s attorney Robert Rosenblatt told CNN. According to the indictment, Kingston and his mother obtained more than $1 million in property through their alleged scheme. The wire fraud incidents took place between April 11, 2023 and March 29, 2024, the indictment alleges.

Persons: Sean Kingston, Kisean Anderson, Janice Turner, Kingston’s, Sean, ”, Robert Rosenblatt, Kingston, Turner, James Stark Organizations: CNN, US, Office, Southern District of, SWAT, Prosecutors Locations: Miami, Southern District, Southern District of Florida, Kingston

U.S. Sen. Bob Menendez (D-NJ) speaks to the media as he exits Manhattan federal court on July 16, 2024 in New York City. WASHINGTON — Sen. Bob Menendez, D-N.J., has told allies that he will resign from Congress after being convicted on federal corruption charges, two people directly familiar with those conversations tell NBC News. Among those who urged him to resign were Senate Majority Leader Chuck Schumer, D-N.Y.; Senate Majority Whip Dick Durbin, D-Ill.; and Menendez's friend and fellow New Jersey Democratic senator, Cory Booker. He had two stints as chairman of the Senate Foreign Relations Committee, a post he relinquished last year after his indictment. Menendez "provided sensitive U.S. Government information and took other steps that secretly aided the Government of Egypt," the indictment alleged.

Persons: Sen, Bob Menendez, New York City . WASHINGTON — Sen, Menendez, Chuck Schumer, Dick Durbin, Cory Booker, Schumer, Phil Murphy, Andy Kim, Curtis Bashaw, Nadine, Weeks, he'd, retry Menendez Organizations: NBC, New, New Jersey Democratic, Senate, New Jersey Gov, Democratic, Senate Foreign Relations, Government, of, Prosecutors, Office Locations: Manhattan, New York City . WASHINGTON, New Jersey, Jersey, Union City, of Egypt, Florida

CNN —The jury has begun deliberating in the federal corruption trial against Sen. Bob Menendez and his co-defendants. Menendez and his co-defendants, New Jersey businessmen Wael Hana and Fred Daibes, are accused of participating in a yearslong bribery scheme. Prosecutors spent nearly seven weeks untangling the multiple corruption schemes that they allege Bob and Nadine Menendez and the co-defendants were involved in. Federal prosecutors structured their case by chapters, calling witnesses to testify about separate schemes allegedly brokered by the senator in tandem with his wife. During the trial, the senator’s lawyers called five witnesses, including his sister, sister-in-law and the attorney for a friend of Uribe.

Persons: Sen, Bob Menendez, Menendez, Wael Hana, Fred Daibes, Mercedes, Nadine Menendez, –, Bob, Hana, Jose Uribe, Uribe, Bob Menendez’s, Fidel Castro, Donald Trump’s, Joe, Andy Kim, Kim, Curtis Bashaw Organizations: CNN, New, New Jersey Democrat, Prosecutors, Mercedes Benz, Democratic, Republican Locations: New Jersey, Cuban, New York City, Cuba, Manhattan, Jersey, South Jersey

☆ Archegos founder Bill Hwang convicted at criminal trial over fund's collapse
▼ + stars: | 2024-07-10 | by ( ) www.cnbc.com time to read: +4 min

Sung Kook (Bill) Hwang, the founder and head of the private investment firm Archegos, arrives at the Manhattan Federal Courthouse in New York City, U.S., July 9, 2024. The jury, which began deliberations on Tuesday, found Hwang guilty on 10 of 11 criminal counts and Patrick Halligan, his Archegos deputy and co-defendant, guilty on all three counts he faced. Hwang and Halligan sat flanked by their lawyers as the verdict was read by a soft-spoken foreperson. Hwang, 60, had pleaded not guilty to one count of racketeering conspiracy, three counts of fraud and seven counts of market manipulation. At its peak, prosecutors said Archegos had $36 billion in assets and $160 billion of exposure to equities.

Persons: Sung Kook, Bill, Hwang, Patrick Halligan, Halligan, Prosecutors, Andrew Thomas, Barry Berke, William Tomita, Scott Becker, Archegos Organizations: Archegos Capital Management, Prosecutors, U.S . Justice Department, U.S, Attorney's, Southern, of, Credit Suisse, UBS, Nomura Holdings Locations: Manhattan, New York City, U.S, of New York

☆ Gypsy Rose Blanchard is pregnant
▼ + stars: | 2024-07-09 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Gypsy Rose Blanchard, who served eight and a half years for helping to kill her abusive mother, announced Tuesday that she is set to become a mother herself. Blanchard shared the news on social media that and her ex-fiancé, Ken Urker, are expecting their first child. “It’s not about anything other than the tiny little life that’s inside you that you are now in charge of protecting.”“And that little tiny life is a baby, a little tiny human that’s yours,” she added as she got emotional. Gypsy Rose Blanchard pleaded guilty to second-degree murder in 2016. Soon after their breakup, Blanchard married Louisiana teacher Ryan Anderson in a prison wedding ceremony in July 2022 before parting ways in March.

Persons: Rose Blanchard, Blanchard, Ken Urker, “, ”, ” Blachard, it’s, “ It’s, ” Blanchard, Dee Dee Blanchard, Nicholas Godejohn, Urker, Ryan Anderson, CNN’s Elizabeth Wagmeister, Harmeet Kaur Organizations: CNN, Prosecutors Locations: Springfield , Missouri, Louisiana

☆ New AI tools are helping workers bluff their way through interviews
▼ + stars: | 2024-07-09 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +9 min

In today's big story, we're looking at how new AI tools are helping workers bluff their way through interviews . Some people have built homemade AI tools to help interviewees, releasing them online for free. A startup developing AI-powered tools for job seekers, Final Round AI offers an AI résumé builder, a cover letter writing service, and a mock interview tool. He's not the only one looking to AI to change the interview process. Others say banning AI chatbots in interviews is like prohibiting calculators during math tests — if workers can use the tech in their jobs, why not in the interview process, too?

Persons: —, I'm Jordan Parker Erb, Dan DeFrancesco, Alo, They're, Jenny Chang, Rodriguez, Rob Price, Michael Guan, He's, Rebecca Zisser, Rob, BI's Melia Russell, Melia, Guan, Jerome Powell, William McChesney Martin, Powell, Chip Somodevilla, Joe Biden's, Howard, Alan Howard's, Brevan Howard, Tyler Le, Francisco's, Leonid Shteyn, execs, Joe Arden, Joe Biden, Harvey Weinstein, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen, Lisa Ryan Organizations: Service, Business, Reserve Bank, Markets, Getty, Taiwan Semiconductor Manufacturing Company, Apple, of America, Paramount, NATO, Prosecutors Locations: Silicon Valley, Washington , DC, U.S, New York, London

☆ Harvey Weinstein has 'fluid on his heart, fluid in his lungs,' his lawyer warns as new sex abuse accusations delay NYC retrial
▼ + stars: | 2024-07-09 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

Read previewAt least one woman has come forward with new, "violent sexual assault" accusations against Harvey Weinstein, prosecutors said as both sides gathered in court Tuesday to discuss next steps for his Manhattan retrial. defense lawyer Arthur Aidala demanded impatiently at one point, referring to the retrial. Weinstein calls his attorneys "in excruciating pain," Aidala told New York Supreme Court Justice Curtis Farber, who will preside over the retrial. "Mr. Weinstein has fluid in his lungs," he added, giving the most detailed description of Weinstein's condition to date. Asked after court whether Weinstein's life is in danger due to his health issues, Aidala answered, "This isn't a hangnail."

Persons: —, Harvey Weinstein, Weinstein's, Jessica Mann, Nicole Blumberg, Arthur Aidala, impatiently, HARVEY, Aidala, Weinstein, Justice Curtis Farber, Mr, Donald Trump's, Allen Weisselberg, Weisselberg Organizations: Service, Business, Prosecutors, New, Facility Locations: Manhattan, Rikers, York, New York, Los Angeles

☆ Jury Near Boston Deadlocks in Murder Case Against Karen Read
▼ + stars: | 2024-07-01 | by ( Jenna Russell | ) www.nytimes.com time to read: +1 min

A judge in Massachusetts declared a mistrial on Monday in the high-profile murder case against Karen Read, the suburban woman who was accused of killing her boyfriend, a Boston police officer, after a night out drinking. The jurors began deliberating early last week, and twice signaled to the court that they were having trouble reaching a unanimous verdict. In a note to Judge Beverly J. Cannone of Norfolk Superior Court on Monday morning, they wrote that they had “fundamental differences in our opinions,” and that “consensus is unattainable.”The judge then read them last-ditch instructions about the importance of reaching a verdict. But hours later, the 12 jurors declared themselves deadlocked, and Judge Cannone declared a mistrial. Prosecutors said in a statement that they intended to try the case again.

Persons: Karen Read, John O’Keefe, Read, Beverly J, Cannone, Judge Cannone, Prosecutors Organizations: Norfolk Superior Court Locations: Massachusetts, Boston, Norfolk

☆ CNBC Daily Open: U.S. seeks Boeing guilty plea
▼ + stars: | 2024-07-01 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. On Friday, the S&P 500 and Nasdaq hit record highs before pulling back. Boeing 'guilty plea'U.S. prosecutors plan to seek a guilty plea from Boeing over a charge related to two fatal 737 Max crashes in 2018 and 2019, attorneys for the victims' family members said. [PRO] Rally will broadenThe tech sector has driven market performance in 2024, with the S&P 500 tech group up 28% and Nvidia soaring 149%, while small-caps have lagged.

Persons: Max, John Donahoe, Morgan Stanley, Stifel, Gregory Greene, Mary Daly, CNBC's Andrew Ross Sorkin, John Stoltzfus, Lisa Kailai Han Organizations: Dow Jones, Nasdaq, CNBC, Hezbollah, Boeing, U.S, The Justice, DOJ, Nike, Federal Reserve, San Francisco Fed, Nvidia Locations: Israel, Iran, Gox, Japanese

☆ U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes
▼ + stars: | 2024-06-30 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

U.S. prosecutors plan to seek a guilty plea from Boeing over a charge tied to two fatal crashes of 737 Max planes, attorneys for the victims' family members said Sunday, blasting a potential agreement as a "sweetheart deal." Boeing declined to comment, and it wasn't immediately clear if it would accept a plea deal. The DOJ said in May that it was reviewing whether Boeing violated a 2021 settlement that protected Boeing from federal charges. The company agreed to pay a $2.5 billion penalty for a conspiracy charge tied to the 2018 and 2019 crashes of its best-selling 737 Max planes, which killed all 346 people on the two flights. That system was later implicated in the two crashes, the DOJ said in 2021.

Persons: wasn't, Department didn't Organizations: Alaska Airlines Flight, Boeing, National Transportation Safety Board, U.S, Department, DOJ, Alaska Airlines, Federal Aviation Administration Locations: Alaska, Portland , Oregon, U.S

☆ Here’s what it means when a company like Boeing faces criminal charges
▼ + stars: | 2024-06-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

While criminal charges against corporations are fairly common, the overwhelming majority are against small, closely-held companies. Earlier criminal settlement now at riskThe potential charges hanging over Boeing currently revolve around that January 2021 deferred prosecution agreement. They have argued Boeing should face new criminal charges and pay a fine as great as $24.9 billion. In May, the Justice Department said it was looking into bringing criminal charges against Boeing once again due to a potential violation of that January 2021 agreement. Arlen said it is common for smaller companies to be forced out of business by criminal charges and the penalties that follow.

Persons: ”, Jennifer Arlen, Arlen, Lindsey Wasson, ” Arlen, “, Max, David Burns, Mark Forkner, Eduardo Soteras, Arthur Andersen Organizations: New, New York CNN, Justice Department, Boeing, Dow Jones, New York University, Control, Max, Federal Aviation Administration, FAA, Alaska Airlines Flight, NTSB, Getty, Alaska Airlines, Prosecutors, CNN, Oil, BP, US Environmental Protection Agency, Ethiopian Airlines Locations: New York, China, Renton , Washington, Alaska, AFP

☆ Supreme Court rules for Jan. 6 rioter challenging obstruction charge
▼ + stars: | 2024-06-28 | by ( Lawrence Hurley | Ryan J. Reilly | ) www.cnbc.com time to read: +2 min

WASHINGTON — The Supreme Court on Friday ruled in favor of a former police officer who is seeking to throw out an obstruction charge for joining the Capitol riot on Jan. 6, 2021, in a ruling that could benefit former President Donald Trump. Prosecutors in Trump's case said that even if Fischer wins, Trump's conduct would still be covered by a narrower interpretation of the statute. Fischer faces seven criminal charges, only one of which was the focus of the Supreme Court case. Even if the obstruction charge is ultimately dismissed, the other charges, including assaulting a police officer and entering a restricted building, will remain in place. In his election interference case, Trump faces four charges, including one count of obstructing an official proceeding and another of conspiracy to do so.

Persons: Micki Witthoeft, Ashli Babbitt, WASHINGTON —, Donald Trump, Joseph Fischer, Joe Biden's, Fischer, Trump, Trump's Organizations: WASHINGTON, Capitol, Trump, Sarbanes, Oxley, Justice Department, ., Prosecutors Locations: Washington , DC

☆ The man who dismembered tech CEO Fahim Saleh said he was so in love he was disturbed. Prosecutors say he was on Bumble.
▼ + stars: | 2024-06-21 | by ( Katie Balevic | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Manhattan jury is about to decide the fate of Tyrese Haspil, the 25-year-old former personal assistant on trial for the brutal murder of his boss, tech CEO Fahim Saleh. That's the only major question," Roberts told the jury, arguing that his client was suffering from extreme emotional disturbance, or EED. Those thefts spiked when he got into the relationship, Roberts told the jury, referencing a graph of the embezzlements over time. When it was the government's turn to make closing arguments, prosecutor Linda Ford popped the love bubble.

Persons: —, Tyrese Haspil, Fahim Saleh, Saleh, Haspil, Sam Roberts, Roberts, Chauveau, Marine, Linda Ford, Ford, Bumble, April Newbauer Organizations: Service, Haspil, Business Locations: New York, Nigeria, Manhattan, France

☆ Fahim Saleh murder jury must decide if Tyrese Haspil believed stabbing and dismembering tech CEO was 'reasonable'
▼ + stars: | 2024-06-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +16 min

Days before admittedly stabbing and dismembering tech CEO Fahim Saleh, ex-personal assistant Tyrese Haspil admittedly used $750 of his victim's money to buy this 6-by-6-inch cake for his girlfriend. Anything less than unanimity — say if one juror accepts Haspil's EED defense and 11 do not — will cause a mistrial. Killer Tyrese Haspil, left, and Fahim Saleh in the lobby of Saleh's Lower Manhattan condo complex, one minute before the attack. Tyrese Haspil, accused of the 2020 murder-dismemberment of tech CEO Fahim Saleh, in state Supreme Court in Manhattan. Fahim Saleh is facing his killer, Tyrese Haspil, as the elevator doors close on the victim's apartment.

Persons: —, They'll, Tyrese, Fahim Saleh, Haspil, Saleh, Tyrese Haspil, Louis Vuitton, Chauveau, Alan Chin, who'd, Barry Rosenfeld, he'd, Linda Ford, He'd, Exed, Tasers, Fahim Saleh's, Joseph Goldstein, Sam Roberts —, Society — Organizations: Service, Business, Attorney, Louis, Manhattan, Home Depot, York Penal Law, Amazon, Buy.Taser.com, New York, Society Locations: Manhattan, France, Lower Manhattan, American, Gokada, Nigeria, Brooklyn, Lagos, New York, balaclava, New

While she is not a member of the LGBTQ+ community, Gamblin said, she is an ally. Aldrich had expressed an open hatred for the LGBTQ+ community and had indicated an interest in mass shootings before, the document said. Some patrons hid or played dead as Aldrich moved though the club, shooting indiscriminately. Anderson Lee Aldrich, center, sits during a court appearance in Colorado Springs in November 2022. The shooter agreed in January to plead guilty to federal charges stemming from the Club Q shooting.

Persons: Anderson Lee, Aldrich, Charlotte Sweeney, Sweeney, ”, “, ” Ashtin Gamblin, Gamblin, Daniel Aston, Derrick Rump, Ashley Paugh, Kelly Loving, Raymond Green Vance, Aldrich –, Stephanie Clark, Paugh’s, ” Clark, ” Wyatt Kent, ” Kent, ” Aldrich, Anderson Lee Aldrich, Anderson Lee Aldrich’s Organizations: Denver CNN, Prosecutors, US Department of Justice, Pride, Q, Justice Department, Court, Colorado Springs, CNN Locations: Colorado, Wyoming, Colorado Springs, El Paso County, Orlando , Florida, Aurora

☆ From $40 billion fraud to $4.5 billion settlement: Inside the latest crypto firm paying big bucks to end legal trouble
▼ + stars: | 2024-06-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +14 min

This week, a judge signed off on Do Kwon and his bankrupt Terraform Labs settling with the U.S. Securities and Exchange Commission for $4.5 billion. This comes after a jury unanimously found Kwon and his company liable for securities fraud following less than two hours of deliberation. But investors piled in anyway, giving luna and UST a combined market value of almost $40 billion at one point. Terraform and Kwon fought our efforts to investigate – taking a fight over investigative subpoenas all the way to the Supreme Court. They are Caroline Ellison, the Alameda Research CEO who at one time dated Bankman-Fried; FTX engineering chief Nishad Singh; and Gary Wang, the co-founder and chief technology officer of FTX.

Persons: Kwon, Woohae Cho, Sam Bankman, Changpeng Zhao, Luna, atoning, Alex Mashinsky, Wall, Stevo Vasiljevic, Reuters Kwon, He's, Satoshi Nakamoto, Elon Musk, Mike Novogratz, Gary Gensler, –, Fried, Fatih Aktas, Lewis Kaplan, Kaplan, Bankman, convicting, Prosecutors, Ryan Salame, Caroline Ellison, Nishad Singh, Gary Wang, FTX, Jason Redmond, Zhao, Richard Jones, …, Binance, Justin Sullivan Organizations: Terraform Labs, Bloomberg, Getty, U.S, Forbes, Arrows Capital, Voyager, U.S . Securities, Exchange Commission, Labs, U.S . Justice Department, Futures Trading Commission, Treasury Department, bitcoin, BlackRock, Fidelity, Reuters, terraUSD, UST, Traders, Twitter, SEC, Supreme, Anadolu Agency, Alameda Research, ., Republicans, Bankman, AFP, of Prisons, District, Bank, DOJ, CFTC, Treasury, Binance, New, Commercial Bank Locations: U.S, Balkans, Podgorica, Montenegro, Singapore, Dubai, Serbia, Balkan, South Korea, United States, lockstep, New York, Manhattan, Seattle, Lompoc , California, Binance

Reached by phone, Lisa’s live-in partner Maria Tazbaz said she sold the Easter baskets at her hardware store. By 2009 Lisa was on supervised parole, but couldn’t stop committing crimes, according to her parole officer, who asked a judge to consider putting her back in prison. In a letter to the judge, the parole officer outlined Lisa’s infractions: She faked cancer to get sympathy from a court on a charge for bogus checks. After spending much of 2010 and 2011 imprisoned in Oklahoma, Lisa was released. At a hearing for the revocation of her release, the parole officer testified she had “noticed, and attempted to stop, a pattern by the defendant of defrauding her boyfriends.” A judge locked her back up.

Persons: Carloyn Naussany, Lisa, Maria Tazbaz, Carolyn, ” Tazbaz, Girl’s, Tazbaz, Linda, It’s, ” Lisa’s, Steven Sullins, Leonardo DiCaprio, “ That’s, ” Sullins, Sullins, Lisa Sullins, ’ ” Lisa, Steve, Lisa wasn’t, Dodge, Kurt Naussany, ”, Kurt Howell, “ I’ve, I’ve, ” Steve, Howell, “, ” Lisa, Lisa’s, couldn’t Organizations: Facebook, King Food Saver, Branson Buzz, Google, Oakley Auto, Chrysler, Kimberling City, NBC, Oklahoma State Department of Health, South Pointe Chrysler, Dodge Ram, Prosecutors, KMart, Ramada Oasis Convention Center Locations: Branson West, Kimberling City, Kimberling, Rock, South, Tulsa, Las Vegas, Nevada, Clark County, California, Cleveland , Oklahoma, Vietnam, Osage County, Sapulpa , Oklahoma, Springfield , Missouri, Oklahoma

☆ CEO arrested and accused of running an Adderall drug ring
▼ + stars: | 2024-06-14 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTwo executives of a California-based telehealth company have been arrested and accused of running an illegal Adderall drug scheme to the tune of $100 million. Related storiesThe DOJ accuses the defendants of luring drug seekers to the subscription-based healthcare service through millions of dollars of deceptive social media advertisements. In addition to the drug conspiracy charges, He and Brody were also charged with conspiracy to obstruct justice. AdvertisementThis is the first time that anyone has been charged for operating an illegal drug distribution scheme through a telemedicine company, according to the DOJ.

Persons: —, David Brody, overdosed, Alejandro, Mayorkas, Brody didn't, Brody Organizations: Service, Department of Justice, Inc, Business, DOJ, of Homeland, Prosecutors Locations: California

☆ Biden family’s most intimate personal struggles put on display in court
▼ + stars: | 2024-06-10 | by ( Arit John | ) edition.cnn.com time to read: +8 min

Buhle, who was ordered to testify under a subpoena, told the court that she learned of Hunter Biden’s drug use in 2015. Hallie Biden, who was dating Hunter Biden at the time he bought the gun, was another key witness for the prosecution. Hallie Biden took the gun Hunter Biden is accused of illegally possessing out of his car and tossed it in a dumpster near a Wilmington, Delaware, grocery store. If Hallie Biden was the prosecution’s star witness, the defense hoped that Naomi Biden, Hunter Biden’s daughter, would help blunt the impact of her testimony. President Biden wasn’t in the courtroom, but made clear where he stood as the trial began.

Persons: Joe Biden, Hunter Biden’s, Beau Biden, Hunter Biden, Beau, Hunter, Beau Biden’s, Derek Hines, “, Biden, Trump’s, –, Naomi, Hallie Biden, Kathleen Buhle, Hallie, ”, “ I’m, Abbe Lowell, Lowell, Naomi Biden, ” Naomi Biden, Hunter’s, Jill Biden, Ashley Biden, Melissa Cohen Biden, Valerie Biden, Biden wasn’t, ” Biden, Jill, CNN’s Marshall Cohen, Holmes Lybrand, Paula Reid, MJ Lee Organizations: CNN, Biden, Prosecutors, GOP, Republicans Locations: Delaware, Los Angeles, Wilmington , Delaware

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