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WASHINGTON, June 27 (Reuters) - Over $200 billion from the U.S. government's COVID-19 relief programs were likely stolen, a federal watchdog said on Tuesday, adding that the U.S. Small Business Administration (SBA) had weakened its controls in a rush to disburse the funds. The SBA disputed the more than $200 billion figure put forward by the watchdog and said the inspector general's approach had significantly overestimated fraud. The agency said its experts put the likely fraud estimate at $36 billion and added that over 86% of that likely fraud took place in 2020, when the administration for former President Donald Trump was in office. The fraud estimate put forward by the inspector general for the EIDL program stood at more than $136 billion while the PPP fraud estimate was $64 billion. Earlier this year, a separate watchdog report said the U.S. government likely awarded about $5.4 billion in COVID-19 aid to people with questionable Social Security numbers.
Persons: government's, Donald Trump, Joe Biden, General Merrick Garland, Kevin Chambers, fraudsters, Kanishka Singh, Aurora Ellis Organizations: U.S . Small Business Administration, SBA, Force, U.S . Justice Department, U.S . Labor Department, Social, Thomson Locations: United States, U.S, COVID, Washington
Fraudsters potentially stole more than $200 billion in federal loans intended to help small businesses struggling during the Covid pandemic, a government watchdog said on Tuesday. More than $136 billion from Economic Injury Disaster Loan program and $64 billion from the Paycheck Protection Program loans was potentially stolen, the inspector general found. In total, SBA disbursed $400 billion in EIDL funds and $800 billion in Paycheck Protection Program loans during the life of the programs. These investigations have led to nearly $30 billion in stolen loans being seized or returned by federal law enforcement agencies. The Economic Injury Disaster Loan program provided low-interest, fixed-rate loans to help small businesses nd other organizations to help cover their operating expenses.
Persons: Kevin Chambers, Hannibal, Mike, Ware, Michael Horowitz, Roy D, Dotson Jr, Bailey DeVries, DeVries, Trump, nonpayment Organizations: Department of Justice, Small Business Administration, United States Secret, Small, Administration, Injury, SBA Locations: Rayburn, Washington ,
A law firm was fined $5,000 after one of its lawyers used ChatGPT to write a court brief. Schwartz included references to a number of fake cases and opinions ChatGPT generated in an affirmation in opposition filed on March 1 this year, the court documents show. Although fellow Levidow, Levidow & Oberman attorney Peter LoDuca had signed and filed the affirmation in opposition, Schwartz said that he had been the one to research and write the brief. Castel, the judge, criticized Levidow, Levidow & Oberman for not "coming clean about their actions" quickly enough. Castel fined Levidow, Levidow & Oberman $5,000, and ordered the law firm to send letters to each judge falsely identified as an author of one of the fake opinions.
Persons: , Steven Schwartz, Levidow, Schwartz, Peter LoDuca, Kevin Castel, ChatGPT, OpenAI, Castel, Oberman, Avianca Organizations: Service, New, Southern, of, LoDuca, & $ Locations: New York, of New York
SINGAPORE, June 22 (Reuters) - Asian shares made a tentative start to Thursday after Federal Reserve chair Jerome Powell stuck to his recent hawkish tone as investors assess the future rate policy path from the Fed. Atlanta Federal Reserve President Raphael Bostic said on Wednesday the Fed should not raise rates further or it would risk "needlessly" sapping the strength of the U.S. economy. The comments highlight the growing debate at the central bank over when and if the central bank should hike further. "The BoE's conditional guidance put the burden of proof on the data showing more persistent inflation pressures to continue hiking bank rate. Markets will also be awaiting policy decision from Turkey's central bank, with a policy pivot and a sharp rate increase widely expected.
Persons: Jerome Powell, Australia's, Powell, Kevin Cummins, Raphael Bostic, BoE, Taylor Nugent, Sterling, Brent, Lincoln Organizations: Federal, Japan's Nikkei, Fed, NatWest Markets, Atlanta Federal Reserve, Bank of England, Reuters, National Australia Bank, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, China, Hong Kong, Washington, Atlanta, U.S, Turkey's
NEW YORK, June 22 (Reuters) - A U.S. judge on Thursday imposed sanctions on two New York lawyers who submitted a legal brief that included six fictitious case citations generated by an artificial intelligence chatbot, ChatGPT. U.S. District Judge P. Kevin Castel in Manhattan ordered lawyers Steven Schwartz, Peter LoDuca and their law firm Levidow, Levidow & Oberman to pay a $5,000 fine in total. Levidow, Levidow & Oberman said in a statement on Thursday that its lawyers "respectfully" disagreed with the court that they acted in bad faith. Lawyers for Avianca first alerted the court in March that they could not locate some cases cited in the brief. His order also said the lawyers must notify the judges, all of them real, who were identified as authors of the fake cases of the sanction.
Persons: District Judge P, Kevin Castel, Steven Schwartz, Peter LoDuca, Levidow, Oberman, Schwartz, LoDuca, Avianca, Bart Banino, Sara Merken, Leigh Jones, Jamie Freed Organizations: YORK, District Judge, Colombian, Avianca, Thomson, & $ Locations: U.S, York, ChatGPT . U.S, Manhattan
Steven Schwartz, who used ChatGPT to write a legal brief, is pictured outside federal court in Manhattan on Thursday, June 8, 2023, in New York. A New York federal judge on Thursday sanctioned lawyers who submitted a legal brief written by the artificial intelligence tool ChatGPT, which included citations of non-existent court opinions and fake quotes. But Castel said the lawyers exhibited "bad faith" by making false and misleading statements about the brief and its contents after Avianca's lawyers raised concerns that the legal citations in the brief were from court cases did not exist. "In researching and drafting court submissions, good lawyers appropriately obtain assistance from junior lawyers, law students, contract lawyers, legal encyclopedias and databases such as Westlaw and LexisNexis," Castel wrote in his order. "Technological advances are commonplace and there is nothing inherently improper about using a reliable artificial intelligence tool for assistance," Castel wrote.
Persons: Steven Schwartz, Judge P, Kevin Castel, Peter LoDuca, Castel, Schwartz, Levidow, Roberto Mata, Mata's Organizations: New, Montreal Convention, LexisNexis Locations: Manhattan, New York, U.S, El Salvador, Montreal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndia is going to play the 'biggest part' in the third internet wave, CIO saysKevin Carter, founder and CIO of EMQQ, explains why he thinks India is "incredibly compelling."
Persons: Kevin Carter Organizations: India, EMQQ Locations: India
Exact Sciences' shares pop on positive Cologuard trial results
  + stars: | 2023-06-20 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExact Sciences' shares pop on positive Cologuard trial resultsKevin Conroy, Exact Sciences CEO, joins 'Fast Money' to discuss Exact Sciences latest trial results for its colo-rectal cancer tests, Cologuard.
Persons: Kevin Conroy Organizations: Sciences
Less conservative HOUSE MORE conservative Kevin Calvert Calif. 41st George Santos N.Y. 3rd Less conservative SENATE MORE conservative Roger Wicker Miss. Less conservative HOUSE MORE conservative Kevin Calvert Calif. 41st George Santos N.Y. 3rd Less conservative SENATE MORE conservative Roger Wicker Miss. Less conservative HOUSE MORE conservative Paul Gosar Ariz. 9th Less conservative SENATE MORE conservative Josh Hawley Mo. Less conservative HOUSE MORE conservative Paul Gosar Ariz. 9th Less conservative SENATE MORE conservative Josh Hawley Mo. SEN. HOUSE MORE conservative Less conservative HOUSE MORE conservative Less conservative SENATE MORE conservative Less conservative HOUSE MORE conservative Less conservative SENATE MORE conservative Less conservative HOUSE MORE conservative Less conservative SENATE MORE conservative SEN. HOUSE MORE conservative According to an analysis by The New York Times, a small number of Republicans have made statements about the indictment that did not immediately dismiss the investigation.
Persons: Donald J, Biden, Trump, Brian Fitzpatrick Pa, Ken Buck Colo, Romney, Romney Utah SEN, Doug LaMalfa Calif, Mike Kelly Pa, Ted Budd N.C, Kevin Calvert Calif, George Santos N.Y, Roger Wicker Miss, SEN, Lauren Boebert Colo, Tom Emmer Minn, Ted Cruz Texas, Ted Cruz Texas SEN, HOUSE Lauren Boebert Colo, Byron Donalds, Eli Crane Ariz ., Ron Johnson Wis, HOUSE, HOUSE Byron Donalds, Paul Gosar Ariz, Josh Hawley Mo, , , Don Bacon of Nebraska, Hillary Clinton, Joe Biden, Kevin McCarthy, , Daniel Webster, Donald Trump, Steve Scalise, Diana Harshbarger, Mike Lee, Jack Smith, General Merrick Garland, Garland, Biden’s, Hunter, Trump’s Organizations: Senate, MORE, SEN, HOUSE Byron, The New York Times, , Justice Department, Biden’s Department of Justice, DOJ, Twitter, The, Department, White Locations: United States, Ken Buck Colo ., Romney Utah, Byron Donalds Fla, SEN, HOUSE Byron Donalds Fla, Florida, Tennessee, Venezuela, Bolivia, Nicaragua, America, Utah
Opinion What a Motherless Son Knows About FatherhoodWhen I was 8, maybe 9 years old, there was a day when students in my class could bring their parents to school. I’ve no memory of this proclamation of my paternal dreams, but I know I’ve long perceived fatherhood as a noble pursuit. My father-figure admiration likely originated from watching my dad, flummoxed by grief, in the years after the plane crash in which my mother died at age 37. My older brother, Brandon, age 6, and my identical twin, Spencer, were on the same plane sitting right beside her. The film fastidiously re-enacts the events of the plane crash and its immediate aftermath.
Persons: I’d, Frances Lockwood Bailey, Francie, Brandon, Spencer, Charlton Heston, Al Haynes, fastidiously, Kevin Costner, I’ve, it's Organizations: United Airlines Flight, Sioux Gateway, Nikon, “ FIRE, Sioux Gateway Airport Locations: Sioux City , Iowa, Iowa, Denver, Chicago
Cybersecurity and Infrastructure Security Agency (CISA) Director Jen Easterly testifies before a House Homeland Security Subcommittee, at the Rayburn House Office Building on April 28, 2022 in Washington, DC. Several U.S. agencies have been hacked as part of a broader cyberattack that has hit dozens of companies and organizations in recent weeks through a previously unknown vulnerability in popular file sharing software. "CISA is providing support to several federal agencies that have experienced intrusions," he said. Charles Carmakal, chief technology officer of Mandiant, a cybersecurity company owned by Google whose clients include government agencies, said that he was aware of some data theft from federal agencies through the MOVEIt hacks. Wendi Whitmore, who leads threat analysis for the cybersecurity company Palo Alto Networks, said that CL0P's campaign of hacking victims through MOVEIt was incredibly widespread.
Persons: Jen, Eric Goldstein, Charles Carmakal, Andrea Mitchell, Brett Callow, Wendi Whitmore, MOVEIt Organizations: Infrastructure Security Agency, Homeland Security, U.S, Google, NBC News, FBI, National Intelligence, National Security Council, Palo Alto Networks Locations: Rayburn, Washington ,, MOVEIt
U.S. health insurance firm Humana is the only major stock from around the world to have risen by more than 10% every year for the past decade. Here's what some are saying: Deutsche Bank Equity analyst George Hill bumped up the bank's price target to $568 (10% upside) on April 26. RBC Capital Markets Ben Hendrix retired the bank's outperform rating and price target of $637 on April 27. The investment bank maintains an "in-line" or hold rating on the stock with a price target of $637. Jefferies' analysts raised their price target to $614 with a buy-rating on April 27.
Persons: , Humana's, George Hill, JP Morgan Lisa Gill, HUM, UBS Kevin Caliendo, Ben Hendrix, Morgan Stanley's, Jefferies Organizations: Humana, CNBC Pro, Affordable, NYSE, Deutsche Bank Equity, MLR, UBS, Swiss, Medicare, RBC Locations: Kentucky, U.S
The ChatGPT Lawyer Explains Himself
  + stars: | 2023-06-08 | by ( Benjamin Weiser | Nate Schweber | ) www.nytimes.com   time to read: +1 min
As the court hearing in Manhattan began, the lawyer, Steven A. Schwartz, appeared nervously upbeat, grinning while talking with his legal team. Nearly two hours later, Mr. Schwartz sat slumped, his shoulders drooping and his head rising barely above the back of his chair. At times during the hearing, Mr. Schwartz squeezed his eyes shut and rubbed his forehead with his left hand. He repeatedly tried to explain why he did not conduct further research into the cases that ChatGPT had provided to him. “God, I wish I did that, and I didn’t do it,” Mr. Schwartz said, adding that he felt embarrassed, humiliated and deeply remorseful.
Persons: Steven A, Schwartz, Kevin Castel, Peter LoDuca, stammered, ChatGPT, , ” Mr Organizations: Federal, Court Locations: Manhattan
A lawyer used ChatGPT to help search for legal cases to write an affidavit backing his lawsuit. The AI hallucinated six fake cases, per a federal judge, which the lawyer included in the filing. US District Court Judge P. Kevin Castel asked lawyer Steven Schwartz of personal injury law firm Levidow, Levidow & Oberman, according to Inner City Press. The court filing included six court cases that were "bogus judicial decisions with bogus quotes and bogus internal citations," Castel wrote in a previous court order. "I have worked with Mr. Schwartz for 27 years," LoDuca said in court, Inner City Press reported.
Persons: , didn't, Matthew Russell Lee, P, Kevin Castel, Steven Schwartz, Levidow, Schwartz, Peter LoDuca, Castel, Varghese, LoDuca Organizations: Service, Inner City Press, Google, City Press, Mr Locations: New York
Kevin Costner is putting his money where his mouth is. The property is a sprawling 10-acre plot of undeveloped coastline Costner purchased in 2006 for $28.5 million with plans to build his last family home. But it's my life, and I believe in the idea and the story," he told Deadline. Costner has been working on variations of "Horizon" on and off since 1988 but couldn't find "anybody to make it" with him and agree to finance the $100-million plus production. "I'm not a very good businessman, so, scratch your head, if you will.
Persons: Kevin Costner, Costner, I'm Organizations: Costner Locations: California, American
The work is lucrative, Ms. Tan said, and she isn’t planning to stop anytime soon. Besides saving for her later years, Ms. Tan said, she is paying a mortgage and college tuition for a younger child. As of mid-April, the listing had only about 2,700 entries for people 60 or older, he said, and just 174 of those had a TikTok account. Creators who are paid can make anything from a few hundred dollars to tens of thousands to produce content advertising a brand. The money Ms. Krupa has earned for her handful of sponsored videos covers only “fun” items like plants, lottery tickets and clothes, according to her grandson, who manages her TikTok account.
Persons: Tan, , , Kevin Creusy, Creusy, Krupa Organizations:
'Succession' is over, so now what?
  + stars: | 2023-06-03 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +4 min
Viewers of “Succession” are mourning as the series came to a dramatic close after four seasons, leaving Sunday nights with an empty space to fill. If you loved “Succession,” here are just a few other shows you might enjoy. HBO Max“The Righteous Gemstones”(From left) Edi Patterson, Danny McBride and Adam Devine in "The Righteous Gemstones." “The Righteous Gemstones” is streaming on Max, which is owned on CNN’s parent company. Jeff Neumann/ShowtimeAnother drama similar to “Succession,” “Billions” will also give you your rich-people-behaving-badly fix.
Persons: Roy, HBO Max “, Patterson, Danny McBride, Adam Devine, Ryan Green, it’s, , Paul Giamatti, Chuck Rhoades, Corey Stoll, Michael, Mike, Prince, Jeff Neumann, , Damian Lewis, Bobby Axelrod, Kevin Costner, Kevin Lynch, Dutton, … Sia, Christopher Polk, Sia, I’ve, ’ ”, Count, Maddie Ziegler, Marcelo Hernandez, Taylor Hawkins, Can’t, … Wanda Sykes, Wanda Sykes, I’m Organizations: CNN, HBO, Showtime, Justice Department, Paramount, Yellowstone, Paramount Network, Dolby Theatre, NBC, NBCU, Bank, Getty, Singer, , Foo, Lollapalooza, Parque Bicentenario Cerrillos, Foo Fighters, Netflix Locations: Yellowstone, , , Montana, Los Angeles , California, Lollapalooza Chile, Santiago , Chile, America
Roberto Mata's lawsuit against Avianca Airlines wasn't so different from many other personal-injury suits filed in New York federal court. Mata's lawyers predictably opposed the motion and cited a variety of legal decisions, as is typical in courtroom spats. Avianca's attorneys told the court that it couldn't find numerous legal cases that LoDuca had cited in his response. Federal Judge P. Kevin Castel demanded that LoDuca provide copies of nine judicial decisions that were apparently used. In response, LoDuca filed the full text of eight cases in federal court.
We've been covering the Memorial Day sales highlights in detail today, but this might just be the pick of the bunch as it bring the AirPods Pro 2 down to their lowest price at $199.99. Today's best AirPods Pro 2 dealNo iPhone? If you do want to be aware of your surroundings, when running outdoors perhaps, the transparency mode is excellent at feeding outside noise in. Mic quality is good in quiet rooms and does a good job of blocking out outside noise in busier environments. Be sure to take a look at Antonio's AirPods Pro 2 review.
A lawyer used ChatGPT to write an affidavit in a personal injury lawsuit against an airline. However, the tool is at the heart of a case to discipline a New York lawyer. Steven Schwartz, a personal injury lawyer with Levidow, Levidow & Oberman, faces a sanctions hearing on June 8, after it was revealed that he used ChatGPT to write up an affidavit. The affidavit that used ChatGPT was for a lawsuit involving a man who alleged he was injured by a serving cart aboard an Avianca flight, and featured several made up court decisions. "Six of the submitted cases appear to be bogus judicial decisions with bogus quotes and bogus internal citations," Castel wrote.
New York CNN —The meteoric rise of ChatGPT is shaking up multiple industries – including law, as one attorney recently found out. Steven Schwartz, an attorney with Levidow, Levidow & Oberman and licensed in New York for over three decades, handled Mata’s representation. Schwart’s affidavit Wednesday contained screenshots of the attorney appearing to confirm the authenticity of the case with ChatGPT. “is varghese a real case,” Schwartz asked the chatbot. 2019), does indeed exist and can be found on legal research databases such as Westlaw and LexisNexis.
CNN —It’s been a Block party all week at the PGA Championship, and the man at the heart of festivities is not done partying just yet. Michael Block, the 46-year-old club pro who teaches golf lessons at a public course in California, is schooling many of the game’s biggest stars on New York’s notoriously challenging Oak Hill East Course. In the 105 years of the PGA Championship, no PGA Professional has ever finished inside the top 10. Not since Steve Schneiter in 2005 has a PGA pro finished inside the top-40. Should he remain eighth at the end of play, Block will earn $545,000, according to CBS Golf – even 30th place would see him take home $110,000.
Rob Schumacher/USA Today Network Tiger Woods walks the 18th green during the second round on Saturday, April 8. David J. Phillip/AP Fred Couples waves to patrons after finishing his second round on Saturday. Patrick Smith/Getty Images Patrick Cantlay plays a shot from a bunker on the 18th hole on Saturday. Rob Schumacher/USA Today Network Adam Scott plays a bunker shot on the second hole Thursday. Rob Schumacher/USA Today Network Hideki Matsuyama, who won the tournament two years ago, looks over a putt on the second hole.
WASHINGTON (Reuters) -The FBI lacked “actual evidence” to investigate Donald Trump’s 2016 presidential campaign and relied too heavily on tips provided by Trump’s political opponents to fuel the probe, U.S. Special Counsel John Durham concluded in a report released on Monday. FILE PHOTO: U.S. Republican presidential nominee Donald Trump speaks at his final campaign event at the Devos Place in Grand Rapids, Michigan, U.S. November 8, 2016. That Crossfire Hurricane investigation would later be handed over to Special Counsel Robert Mueller, who in March 2019 concluded there was no evidence of a criminal conspiracy between Trump’s 2016 campaign and Russia. In his new 306-page report, Durham concluded that U.S. intelligence and law enforcement did not possess any “actual evidence” of collusion between Trump’s campaign and Russia prior to launching Crossfire Hurricane. He also accused the bureau of treating the 2016 Trump probe differently from other politically sensitive investigations, including several involving Trump’s Democratic rival Hillary Clinton.
The special counsel who spent four years investigating the Trump-Russia probe accused the FBI of acting negligently by opening the investigation based on vague and insufficient information in a sweeping 300-page report made public Monday. The FBI responded to the report, indicating that the missteps identified by Durham have already been addressed. Durham's report examines in painstaking detail various aspects of the now infamous FBI investigation code-named "Crossfire Hurricane," which led to the appointment of Special Counsel Robert Mueller. Durham's investigation found that at the time, neither the FBI nor CIA had any intelligence suggesting an improper relationship between Trump and Russia. Durham appears to suggest that the intelligence information should have given the FBI pause in its pursuit of allegations involving the Trump campaign.
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