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Five people have been charged in Texas, accused of organizing and participating in an illegal cheating scheme that certified more than 200 unqualified teachers and saw the plot’s “kingpin” rake in more than $1 million, prosecutors announced. Investigators noticed a pattern: Numerous teacher certification candidates who previously failed certification exams would drive from faraway Texas cities to the Houston area to take an exam. Then a tip came in that exposed the cheating scheme. He'd pay her about 20% of the $2,500 to allow the cheating, Levine said. “They are going to go over every teacher, I’m sure, and take whatever action they see fit if they believe someone fraudulently obtained a certification,” Levine said.
Persons: proctor, Kim Ogg, Vincent Grayson, Booker T, Tywana Gilford Mason, Nicholas Newton, Nikole, LaShonda Roberts, Ken Paxton, Mike Levine, Texas “, , Ogg, , Levine, proctors, ” Levine, Grayson, Gilford Mason, He'd, Nicolas Newton, Newton, , Roberts, HTEC, It's, Brandon G, Leonard, I’m, — Grayson, Alexandra Elizondo Organizations: Washington High School, Houston Independent School District, Texas Education Agency, Training, Education Center, DA, Public, Houston Training, Booker, Yates High School, NBC News, TEA, Houston ISD, HISD, Public Affairs, Communications Locations: Texas, Houston, Harris County, Newton, Houston ISD, TACTIX
Companies must consider customers' desire for local payment methods, frictionless transactions, and evolving government regulations. For both enterprises, a payment platform must do more than simply accept transactions: It must easily adapt to different markets, audiences, and regulatory environments. That's why they have chosen a single-source payment platform to help them innovate and grow. This included payment methods like Momo in Vietnam, Bank Transfer in Indonesia, Pix in Brazil, and UPI in India. Seamless payment processes drive businessEnterprises looking to grow need a payment partner that meets business requirements as well as consumer preferences.
Persons: Dave Wolf, Fubo, Erik Gerson, Adyen, Momo, we've, Wolf, tokenization, Gerson Organizations: Companies, Meta, Reality Labs, Fubo, UPI, tokenization, Insider Studios Locations: Vietnam, Indonesia, Pix, Brazil, India, Adyen
Lewis, who has 1.4 million followers on TikTok, told Business Insider he enjoys having the "opportunity to positively impact how someone feels about themselves." Lewis said in the video they kept the length the same, rather than putting in extensions and suggested that was what Madison wanted. But things soured when Lewis responded to some comments under the video, saying they were "disappointed" and "underwhelming." Lewis told BI this was the first time he heard Madison wasn't entirely happy with her hair. In a follow-up video, Madison said she felt "used" by Lewis because he would make so much money from the TikToks she featured in.
Persons: , Alfredo Lewis, influencer, Lewis, TikTok, Philip Wolff —, Samantha Zink, Zink, Taylor Madison, Madison's TikTok, Madison, Lewis couldn't, I've, Madison wasn't, it's, @taylormadisonofficial, Taylor 💜, orth, ake, ike, rama, ines, etween, ove Organizations: Service, Business, LA —, Zink Talent, Madison, ust Locations: LA, Madison's, Minnesota
Using Bespoke Investment Group data, CNBC Pro screened for stocks set to release their quarterly results that meet the following criteria: Average earnings per share beat rate of 75% or higher. The firm expects Nvidia to report quarterly revenue of $22.95 billion, far above Wall Street's expectations of $20.23 billion. The company will report quarterly results on Thursday. Still, the firm reiterated its buy rating and $3,960 target price. Analysts' average price target indicates Block could gain 15.1 % over the next 12 months, per FactSet.
Persons: Lee Horowitz Organizations: Nvidia, CNBC Pro, Google, U.S ., UBS, Booking Holdings, Deutsche Bank, Palo Alto Networks Locations:
‘I’m not on trial,’ Willis saysWillis seized several opportunities to defend herself. She said at the beginning of her testimony that she was “very anxious” to defend herself, “so I ran to the courtroom.”“You think I’m on trial,” Willis said, in her sharpest pushback of the day. Video Ad Feedback Hear what legal expert thinks about Fani Willis' testimony 03:39 - Source: CNNWhen did the relationship start? Bryant-Yeartie said she observed “hugging, kissing, close affection” between Willis and Wade prior to 2022, when they claimed their romantic relationship began. Trump lawyer Steven Sadow asked Willis about the breakup, eliciting an answer that revealed sexist remarks that Wade allegedly made to Willis in the past.
Persons: Donald Trump, Fani Willis, Scott McAfee, Trump’s, Willis, Nathan Wade, Trump, Willis ’, Wade, Willis didn’t, McAfee, ” Willis, “ You’ve, Ashleigh Merchant, ‘ I’m, ’ Willis, , “ I’m, , Michael Roman, Robin Bryant, Bryant, Yeartie, Clinton, salaciously, ” Wade, reimbursements Wade, there’s, smirking, Craig Gillen, ” Gillen, Gillen, Steven Sadow, ’ ” Willis, Sadow, Rudy Giuliani, Mark Meadows, CNN’s Zachary Cohen, Jason Morris, Nick Valencia, Hannah Rabinowitz, Maxime Tamsett, Shirin Faqiri, Jim Rogers, Sarah Davis, Eva Roytburg, Fabiana Chaparro Organizations: CNN, Trump, Electoral College, Trump –, GOP Locations: Georgia, Fulton County, San Francisco, Miami, Belize, Bahamas, New York, Atlanta, York
However, a 2023 Bankrate survey of over 2,000 adults in the US found that 64% of those already working prefer full remote work, instead of fully working in-person. Related storiesEvidently, remote work remains popular despite the pushback from companies. Companies that made the full list included cyrpto exchanges like Binance and Kraken, mobile payments firm CashApp, and Wikipedia's parent company, the Wikimedia Foundation. A director of engineering role with the Wikimedia Foundation pays between $167,046 and $260,066. Another Wikimedia Foundation role as a senior global movement communications specialist offers between $87,130 and $134,270.
Persons: , Goldman Sachs, X, FlexJobs Organizations: Service, Business, Google, Meta, Twitter, Deloitte, Wikimedia Foundation, Media, Chainlink, Invisible Technologies, Foundation
NCRI, a nonprofit, found cybercriminals used the social apps Instagram, Snapchat and Wizz to find and connect with their marks. And social media platforms should include a distinct category to report sextortion — as Snapchat did in early 2023. Parents and educators should "combat the belief that photos sent on Snapchat disappear, which can create a false sense of security," the NCRI study recommends. The NCRI study also strongly criticized Wizz, concluding: "Sextortion on Wizz is pervasive and dangerous. Apple's App Store and Google Play can also help, the NCRI study suggested, by carefully monitoring complaints about sextortion associated with social media apps, and enforcing their existing policies.
Persons: cybercriminals, Wizz, Paul Raffile, Alex Goldenberg, TikTok, Scribd, sextortion, Snapchat, Goldenberg, screenshotted, General Raúl Torrez, Mark Zuckerberg, Meta, — Kevin Collier, Ben Goggin Organizations: Yahoo, Network, Research, FBI, Yahoo Boys, NBC News, CNBC, NBC, Secret Service, Facebook, YouTube, Meta, gov, National Center for Locations: North America, Australia, West Africa, Michigan, Wizz, New Mexico, U.S
21-year-old college senior Abby Rosilier made several TikToks at a "Shark Tank" casting call in Vegas. But while many viewers criticized her invention — a sheet of acrylic adorned with custom hooks where customers can store and display their smartphone cases — Rosilier is doubling down. Advertisement"We were pitching the Rack, but selling part of Abby Rose too with it," Rosilier told BI of the "Shark Tank" pitch. Nevertheless, Rosilier told BI she and her brother "did so good" when it came time to present. Advertisement"I have never had that level of hate on my business account ever," Rosilier told BI.
Persons: Abby Rosilier, Rosilier, , she's, Abby Rose, it's, Zach Organizations: Service, Las Locations: Vegas, Las Vegas, San Antonio , Texas
CNN —Venmo, Cash App, PayPal, Zelle and other payment apps may be convenient ways to send cash with a few taps of your smartphone, but they’re a breeding grounds for theft, Manhattan District Attorney Alvin Bragg tells CNN. Bragg says he’s seen so many instances of criminals using payment apps as a crime of opportunity. The passenger would ask to put in a new address into the Lyft driver’s phone and once inside, they would transfer the in-app earnings to their own bank accounts using Cash App, the records show. Once in custody, investigators found that the pair has sent themselves $1,749 using Cash App, the records show. Bragg said his team has been trying to get the word out in recent years and have heard from victims who never came forward during outreach campaigns about cash app thefts.
Persons: CNN —, Attorney Alvin Bragg, swindlers, Bragg, Sen, Elizabeth Warren’s, , ” Bragg, Zelle, he’s, It’s, Organizations: CNN, PayPal, Attorney, Consumer Financial Locations: Manhattan, New York, Zelle, Los Angeles, Boston
The change might have resulted in 44 million more 1099-K forms being sent in January to such filers, including small business owners, freelancers, those with side hustles and gig workers. Regardless of delay or rule change, your tax obligations remain the sameNeither the delay of the rule change nor the eventual implementation of it will change your tax burden in any way. That’s because you have always been obligated as a taxpayer to report the money you make from your business activities to the IRS. The difference once the rule change goes into effect is that the IRS will be learning about your business income from a third party payment platform. And the change will effectively pull back the curtain on just how much business income is being generated on third-party payment platforms.
Persons: , , Danny Werfel, , Sherrod Brown of, Bill Cassidy, Biden, Arshi Siddiqui, Akin Gump, they’re Organizations: New, New York CNN, IRS, American, The Coalition, Electronic Transactions, Airbnb, PayPal, Democratic, Ks Locations: New York, Poshmark, Sherrod Brown of Ohio, Louisiana
“We do not prohibit people in this industry from having personal bank accounts with us,” she added. One of the risks associated with sex work is money laundering and human trafficking, where victims, mostly women, are forced or coerced to engage in commercial sex acts. Many banks and other financial platforms avoid doing business with these industries altogether. “That is the problem we have — trying to recognize potential human trafficking that we would have to report.”Beyond banks, many financial services apps have blanket bans, which state they won’t process any transactions related to adult content or services. CashApp — which, like Square, is owned by Block — lists “selling adult content and services” on its “not allowed” list.
Persons: Trish Wexler, Chase, , Organizations: Treasury, PayPal, Block Locations: OnlyFans
U.S. oversight of Big Tech financial services is fragmented. The CFPB rule would toughen up supervision, requiring Big Tech to comply with its rules on privacy protections, executives' conduct and unfair and deceptive practices. Without regulatory scrutiny, they could leverage their growing dominance of consumer payments to capture other services like lending and card issuing, analysts said. 'LEG UP'Representatives for Big Tech have accused the CFPB of trying to protect traditional lenders. While Big Tech companies have deep pockets and plenty of resources to handle the new scrutiny, the rule could limit how they use and protect consumer data.
Persons: Dado Ruvic, Rohit Chopra, Todd Phillips, Dodd, Frank, It's, Paige Pidano Paridon, Chopra, John Coleman, Hannah Lang, Stephen Nellis, Michelle Price, Richard Chang Organizations: Apple, REUTERS, Wall, Big Tech, Consumer Financial Protection Bureau, Google, Georgia State University, PayPal, Federal, McKinsey, Bank, BPI, Banks, Representatives, Big, Herrington, Thomson Locations: U.S, Washington
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants' digital payments and smartphone wallet services, saying they rival traditional payment methods in scale and scope but lack consumer safeguards. In a statement on Tuesday, Chopra said the tech sector had expanded into financial services traditionally provided by the closely regulated banking sector. "Today's rule would crack down on one avenue for regulatory arbitrage by ensuring large technology firms and other nonbank payments companies are subjected to appropriate oversight," he said. Representatives of Big Tech companies have previously highlighted their efforts to protect consumer data. The agency said the rule would also foster competition by ensuring that both traditional financial players and the tech sector were equally subject to the same oversight.
Persons: Dado Ruvic, Block's, CashApp, Rohit Chopra, Chopra, CFPB, Lindsey Johnson, Douglas Gillison, Hannah Lang, Chris Prentice, Matthew Lewis, Mark Potter, David Gregorio Our Organizations: PayPal, REUTERS, Rights, Consumer, Apple, Big Tech, Consumer Bankers Association, Electronic Transactions Association, Thomson Locations: Washington, New York
Expedia — Shares surged 17% during midday trading Friday, a day after the vacation booking platform delivered a stronger-than-expected earnings report for the third quarter. Analysts polled by LSEG forecasted earnings of $4.93 per share and $3.86 billion in revenue. Paramount Global — The media conglomerate stock climbed 12% after reporting a third-quarter earning s beat on the top and bottom line. On Thursday, the company reported an adjusted 30 cents per share on $7.13 billion in revenue, while analysts polled by LSEG forecast 10 cents and $7.10 billion. The company reported revenue of $285.9 million against estimates from analysts polled by FactSet of $275 million.
Persons: Expedia, Bill Holdings, KeyBanc, DraftKings, Carl Icahn, Insulet, Gartner, FactSet, , Jesse Pound, Hakyung Kim, Alex Harring, Darla Mercado Organizations: LSEG, Apple, Paramount Global, Wall, FactSet, Revenue, Bank of America, Citi, JPMorgan Chase —, JPMorgan, Gartner, Lionsgate Entertainment, CNBC, Starz, Lionsgate Locations: CashApp
Hope Vicious is a financial dominatrix whose "owned subs" send her money. Many were time wasters who didn't end up sending money, but within my first month, I was making money. But then they get all this free attention with no real intention of sending money. AdvertisementAdvertisementHow my findomme business worksSome people send money because they want to be humiliated or ignored, or I'll do a session with them. I have up to seven owned subs at a time.
Persons: Hope Vicious, , It's, wasters, doesn't, There's, I've, I'm Organizations: Service, Twitter, Rolex, BMW Locations: Maryland
Its share price, which was below $1 since early this year, dropped to $0.05 in premarket trading. Lyft — Shares lost almost 6% premarket after the ride-hailing company announced its second-quarter earnings. Meanwhile, adjusted per share earnings came in at 16 cents, beating estimates of a loss of 1 cent per share. Bumble — Dating platform Bumble slid 2.8% even after the company beat expectations for its second quarter on both lines. Analysts surveyed by Refinitiv were expecting a loss of 9 cents per share on $219 million of revenue.
Persons: WeWork, , Lyft, Bumble, DraftKings, Marqeta, Refinitiv, — CNBC's Hakyung Kim, Yun Li, Alex Harring, Jesse Pound Organizations: SEC, Penn Entertainment, Disney's ESPN, Penn, ESPN Bet, ESPN, Revenue, JPMorgan, Disney, Technologies Locations: StreetAccount
Roblox reported a loss of 46 cents per share, versus the 45 cent loss expected by analysts polled by Refinitiv. Upstart, a consumer lending platform, said it expects third-quarter adjusted EBITDA and revenue to come in around $5 million and $140 million, respectively. The company's adjusted earnings came in at 16 cents per share, beating estimates of a loss of 1 cent per share. Rivian posted an adjusted loss per share of $1.08 in the second quarter, while the Street anticipated a loss of $1.41 per share, per Refinitiv. On Tuesday, Super Micro Computer reported adjusted earnings of $3.51 per share on revenue of $2.18 billion.
Persons: Roblox, DraftKings, Lyft, Uber, Rivian, Carvana, FactSet, Refinitiv, Bumble, Marqeta, CNBC's Hakyung Kim, Pia Singh, Brian Evans, Jesse Pound, Alex Harring, Yun Li, Sarah Min Organizations: Refinitiv . Revenue, Roblox, Penn Entertainment, Disney, ESPN, ESPN Bet, Penn, , Micro, Akamai Technologies, Enterprise, IAC —, IAC, Revenue, CashApp Locations: Refinitiv
The ex-manager of a Pennsylvania Wendy's made up a fake employee to pocket extra wages, police say. She manually clocked the "ghost employee" in and out for 128 shifts, police said. The woman was charged with theft by deception and an arrest warrant issued. In April, Johnson admitted to a police officer that she added Bright as an employee and created shifts he didn't work, police said. Wendy's didn't immediately respond to a request for comment from Insider, made outside normal working hours.
Persons: Linda Johnson, William Bright, Johnson, Wendy's didn't Organizations: Service, Police Department, Police, Lancaster Locations: Pennsylvania, Wall, Silicon, Lancaster, Manheim
CNN —The suspect in the stabbing death of CashApp founder Bob Lee was also accused of stabbing two teenagers in 2005, according to documents uncovered by the San Francisco Chronicle. Nima Momeni, 38, is accused of fatally stabbing Lee in April in San Francisco’s Rincon Hill neighborhood. Momeni was also cited but not charged in a 2022 domestic battery incident, according to an April report from the San Francisco Chronicle. An autopsy report showed Lee, the 43-year-old mobile payment app founder, sustained knife wounds that pierced his heart and lung. According to San Francisco District Attorney Brooke Jenkins, Lee and Momeni knew each other and were together throughout the evening leading up to the killing.
Persons: Bob Lee, Nima Momeni, Lee, Momeni, Brooke Jenkins, ” Jenkins Organizations: CNN, San Francisco Chronicle, Chronicle, San Francisco, Prosecutors Locations: San Francisco’s Rincon Hill, Albany , California, Lee’s
Nima Momeni, who has pleaded not guilty in the murder of Bob Lee, has parted ways with his lawyer. Attorneys Saam Zangeneh and Bradford Cohen confirmed to Insider that they're now representing Momeni. Momeni's now-former attorney, Paula Canny, pulled out of the case at a hearing on Tuesday in San Francisco, according to multiple news reports, including by the San Francisco Chronicle. Momeni also has new lawyers now representing him: Saam Zangeneh, a criminal defense attorney in Miami, confirmed to Insider that he is representing Momeni along with Bradford Cohen, a criminal defense attorney in Fort Lauderdale, Florida. Representatives for the San Francisco District Attorney's office did not immediately respond to Insider's emailed inquiries on Tuesday.
Persons: Nima Momeni, Bob Lee, Paula Canny, who'd, Saam Zangeneh, Bradford Cohen, Momeni's, Canny, Momeni, Saam, Cohen, Brooke Jenkins Organizations: Morning, San Francisco Chronicle, San Locations: Momeni, San Francisco, Miami, Fort Lauderdale , Florida, San Francisco District
The company reported earnings of $1.52 per share on revenue of $94.84 billion for the second fiscal quarter. Carvana posted a loss of $1.51 per share for the first quarter, coming in below estimates for a loss of $2 per share, according to Refinitiv. Expedia posted a loss of 20 cents per share, wider than analysts' expectations of 4 cents per share, according to Refinitiv. Booking reported adjusted earnings of $11.60 per share against consensus expectations of $10.61 per share, according to Refinitiv. The company reported a loss of 41 cents per share, narrower than the loss of 58 cents per share forecasted by analysts, according to Refinitiv.
CNN —The suspect accused of killing CashApp founder Bob Lee was cited last year by police for misdemeanor battery, the San Francisco Chronicle reported exclusively Thursday. Lee, who cofounded the mobile payment service provider Cash App, was stabbed to death in the Rincon Hill neighborhood of San Francisco early in the morning of April 4. Momeni was taken to the San Francisco County jail last week, where he was booked on one charge of murder. Dispatch records show she told police Momeni “grabbed her arm & pulled it, pushed her physically,” the paper reported. Police officers “indicated they cited and released Momeni on suspicion of battery almost an hour after the call came in,” the Chronicle said.
New York CNN —It’s April 18, the official deadline to file your federal and state income tax returns for 2022. Whether you have already filed your tax return or still need to, the good news is this tax filing season has gone much more smoothly than the past three, which were hurt by the pandemic. But you may want to anyway if you think you are eligible for a refund thanks to, for instance, refundable tax credits such as the Earned Income Tax Credit. If you’ve already filed your return, you’re probably glad to have it in the rear view mirror. But one thing is common for the vast majority of US tax filers: Audit rates are exceedingly low.
The man accused of killing Bob Lee planned the attack, prosecutors said in court papers. Momeni appeared in a San Francisco court Friday and is due to be arraigned on April 25. The man accused of killing CashApp founder Bob Lee planned the attack, prosecutors said in court documents released Friday. The San Francisco Police Department, which recovered a four-inch knife at the scene, arrested Momeni on Thursday. He appeared in a San Francisco court Friday and was scheduled to be arraigned on a murder charge, but did not enter a plea after the hearing was postponed until April 25.
Last-minute tax-filing tips
  + stars: | 2023-04-13 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +7 min
New York CNN —So far this tax season, the IRS has received more than 90 million income tax returns for 2022. If yours is among them, here are some last-minute tax-filing tips to keep in mind as the Tuesday, April 18 deadline approaches. But you may want to anyway if you think you are eligible for a refund thanks to, for instance, refundable tax credits such as the Earned Income Tax Credit. Proofread your return before submitting it: Do this whether you’re using tax software or working with a professional tax preparer. Note, however, that an extension to file is not an extension to pay.
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