Texas man made $1.76 million from insider trading by eavesdropping on wife’s business calls, Justice Department says
A man from Houston overheard his work-from-home spouse talking business, and used that information to make over $1.7 million in an insider trading scheme, federal authorities said. Tyler Loudon, 42,…
Read More » Beverage company fined $14 million for alleged fraud
Three women who ran a Lancaster-based beverage company were ordered to pay more than $14 million in combined penalties for allegedly defrauding and misleading investors over a three-year period, according…
Read More » Trump $354 million fraud verdict includes New York business ban for 3 years. Here’s what to know.
A judge’s ruling on Friday in Donald Trump’s civil fraud trial deals a severe blow to the former president, who is now barred from running the New York-based company that for decades…
Read More » Judge orders Trump and his company to pay $354 million in New York civil fraud case
Former President Donald Trump and the Trump Organization must pay $354 million in fines, a judge ruled Friday, issuing his long-awaited judgment in the state’s civil fraud case. The decision…
Read More » Hiltzik: The climate scientist who won $1 million from global warming deniers
One of the major issues confronting scientists today — especially those working in the heavily politicized fields of global warming, vaccines and the origin of COVID-19 — is how to…
Read More » Tesla settles for $1.5 million after allegations of illegally disposing hazardous waste
An environmental investigation by the San Francisco district attorney’s office that began in 2018 and spurred similar inquiries throughout the state concluded Thursday, when a San Joaquin County judge ordered…
Read More » City National Bank is fined $65 million for risk control lapses
City National Bank was fined $65 million on Wednesday by federal regulators for failing to maintain proper risk management and internal controls, including those related to money laundering. Long known…
Read More » Palm Springs midcentury home built into the mountain seeks $8.8 million – Press Enterprise
A Palm Springs midcentury-modern home, originally designed by architect John Kaptur and built into the base of the San Jacinto Mountains, is on the market for $8.75 million. Cascading rock…
Read More » Netflix adds 13 million subscribers, extending streaming lead
Netflix added more than 13 million subscribers during the fourth quarter, the company said Tuesday, extending its lead in the streaming video business. The Los Gatos, Calif.-based streamer’s subscriber growth…
Read More » Pastor of online church faces fraud charges for selling $3.2 million in “worthless” cryptocurrency
A Colorado pastor of an online church is challenging allegations that he and his wife defrauded parishioners out of millions dollars through the sale of cryptocurrency deemed “essentially worthless” by…
Read More » $35 million verdict reached in 1990s sex assault lawsuit against Pomona High School coaches – Orange County Register
The Pomona Unified School District must pay $35 million to a woman who sued the district and accused a Pomona High School coach of raping her in the 1990s, a…
Read More » This heiress is going to allow 50 strangers to advise her on how to spend $27 million
A woman who comes from a European business dynasty is taking part of her inheritance and allowing 50 strangers to determine what she does with more than $27 million. Why?…
Read More » Biden administration to provide summer grocery money to 21 million kids. Here’s who qualifies.
A new federal program will provide summer grocery money to 21 million children across 35 states, part of the Biden administration’s goal of making sure students get enough food when…
Read More » Trump should be barred from New York real estate industry, fined $370 million, New York Attorney General Letitia James says
Donald Trump made his name in New York real estate, and he plastered it on towers, plazas and skating rinks for half a century. Now, the state’s attorney general wants…
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