Donald Trump announced his 2024 run for the presidency on Nov. 15. In his address he railed against what he perceived as the “persecution” of himself and his family, but made Read more
Tag: Financial Crime
Opinion: Opinion: Why inequality is growing in the U.S. and around the world
U.S. income inequality grew in 2021 for the first time in a decade, according to data the Census Bureau released in September 2022. That’s because what’s been driving income inequality in the Read more
UBS offices in Germany raided, allegedly over ties to Russian oligarch
Officials in Germany on Tuesday searched the Munich and Frankfurt offices of Swiss banking giant UBS Group AG, a move that some media reports said was linked to ties with Read more
Former MoviePass execs charged with securities fraud as prosecutors allege duo lied to investors, knew ticket scheme was a gimmick
There really is no such thing as a free ticket. The former chairman and chief executive of MoviePass have been charged with criminal securities fraud for allegedly lying about whether Read more
What the latest Federal Reserve interest-rate increase means for your holiday spending plans and Instagram influencer Jay Mazini pleads guilty to running $8 million Ponzi scheme and crypto scam
Hi, MarketWatchers. Don’t miss these top stories. Instagram influencer Jay Mazini pleads guilty to running $8 million Ponzi scheme and crypto scam Mazini, whose real name is Jebara Igbara, amassed Read more
Instagram influencer Jay Mazini pleads guilty to running $8 million Ponzi scheme and crypto scam
He made his name by showing people the love, but made his fortune by ripping people off. An Instagram META, -3.90% influencer who used videos of himself handing out cash Read more
How the war in Ukraine helped the FBI crack a massive cybercrime case
Three weeks after Russia started dropping bombs in Ukraine in late February, a talented, young computer programmer named Mark Sokolovsky climbed into a Porsche Cayenne with his girlfriend to get Read more
Lula defeats Bolsonaro to become Brazil’s president in tight runoff
SAO PAULO — Luiz Inácio Lula da Silva has done it again: Twenty years after first winning the Brazilian presidency, the leftist defeated incumbent Jair Bolsonaro Sunday in an extremely Read more
Opinion: Elon Musk’s takeover of Twitter will destroy freedom of speech, not protect it
NEW YORK (Project Syndicate)—In 1897, the American newspaper magnate William Randolph Hearst sent illustrator Frederic Remington to cover the Cuban War of Independence. When Remington relayed that “there will be no war,” Read more
SEC set to adopt rules mandating clawbacks of executive pay
U.S. stock exchanges will soon have to adopt policies that require public companies to claw back incentive-based executive pay if it is awarded due to accounting fraud or mistakes. The Read more