Thursday, December 26

Tag: Fraud

Trump Changes Mind, Won’t Testify Again as New York Fraud Trial Nears End
10Dec By adminNo Comments
World

Trump Changes Mind, Won’t Testify Again as New York Fraud Trial Nears End

Donald Trump changed course on Sunday and said he wouldn’t testify again in his civil-fraud trial, an unexpected pivot in his defense against allegations that threaten the Republican presidential front-runner’s business empire.Trump had been scheduled to take the stand Monday as his lawyers near the conclusion of their defense presentation. The trial began in October and is being decided without a jury, over allegations that the former president lied about his wealth for financial gain.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Hunter Biden’s Taxes and the Law
9Dec By adminNo Comments
Business

Hunter Biden’s Taxes and the Law

The U.S. legal system is premised on equal justice under the law, and that’s the lens through which to view the latest indictment against Hunter Biden. The President’s son faces legal peril from his own conduct, not because of his last name.Special Counsel David Weiss on Thursday indicted Hunter in California on nine charges for evading $1.4 million in federal taxes from 2016 through 2019. They include three felony and six misdemeanor charges related to tax evasion, failure to file and pay taxes, and filing false or fraudulent returns. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Hunter Biden Indictment Alleges Post-Addiction Fraud
8Dec By adminNo Comments
World

Hunter Biden Indictment Alleges Post-Addiction Fraud

WASHINGTON—In early 2020, while his father was on the cusp of a political turnaround that would propel him to the Democratic presidential nomination, Hunter Biden went to his accountants to clean up a lingering personal issue: his failure to have filed taxes for 2017 and 2018.By his own account, the younger Biden had been sober since June 2019. But during that attempt to resolve his tax mess, he created a far more serious one for himself, according to federal prosecutors, who charged him Thursday with nine tax offenses, including three felonies.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Hunter Biden Indicted on Tax Charges
8Dec By adminNo Comments
World

Hunter Biden Indicted on Tax Charges

Updated Dec. 7, 2023 8:38 pm ETHunter Biden has been charged with nine tax-related charges, according to an indictment filed Thursday, in a case that adds a new layer of legal peril for President Biden’s son as he faces continued congressional scrutiny and a separate prosecution on felony gun charges.The indictment from a grand jury seated in Los Angeles sets up another case with the potential for a trial coinciding with the president’s re-election campaign. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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California’s EDD will now issue debit cards through Money Network
5Dec By adminNo Comments
Money

California’s EDD will now issue debit cards through Money Network

Starting Monday, unemployed Californians will start getting benefits on a new debit card.The state Employment Development Department (EDD) is changing from the previous contractor, Bank of America, to Money Network — a company owned by Fiserv.The EDD debit cards were targeted heavily by fraudsters who hit the California unemployment system harder than any other system in the U.S. The Bank of America cards, at the time, did not have fraud-preventing chip technology in them. At the worst of the fraud, Bank of America had to stop making new credit cards for their own customers due to the high volume of EDD cards — a large number of those fraudulent accounts — being sent out.At the time, EDD paid out, according to experts KCRA 3 Investigates spoke with, more than $32 billion to frauds...
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Trump Gag Order Reinstated in New York Fraud Case
30Nov By adminNo Comments
World

Trump Gag Order Reinstated in New York Fraud Case

Nov. 30, 2023 12:42 pm ETA New York appeals court Thursday reimposed a gag order forbidding Donald Trump from making public comments about the law clerk advising the judge in the former president’s civil fraud trial.State Supreme Court Justice Arthur Engoron in October first commanded Trump to stop speaking publicly about the judge’s staff after the former president posted a disparaging social-media post about his clerk, Allison Greenfield, a Democrat who has sat directly next to Engoron throughout Trump’s trial.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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SEC Charges Phoenix Real Estate Investor With Stock Manipulation Over Fake WeWork Offer
29Nov By adminNo Comments
World

SEC Charges Phoenix Real Estate Investor With Stock Manipulation Over Fake WeWork Offer

The Securities and Exchange Commission on Wednesday charged Jonathan Larmore, a Phoenix-based real-estate investor, with stock manipulation tied to a false tender offer for now-bankrupt WeWork.The SEC charges also allege that ArciTerra Companies, a real-estate investment company, and Larmore, who is the company’s chief executive, misappropriated more than $35 million in managed funds over a number of years.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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