Bitcoin Miner Marathon Receives Another Subpoena from SEC
Bitcoin miner Marathon Digital Holdings said it received another subpoena from the US Securities and Exchange Commission related
2023-05-11 06:21
What to know about the charges against George Santos and what happens next
Rep. George Santos has been charged in a federal criminal probe that -- from a legal standpoint -- won't affect his status as a member of Congress but will ensnare him in a potentially yearslong court process that could result in a sentence of several years in prison.
2023-05-11 04:16
George Santos calls federal charges a ‘witch hunt’ and refuses to resign following arrest
George Santos described criminal charges against him as a “witch hunt” in a defiant press conference following his arrest on Wednesday. The New York congressman spoke outside a federal courthouse after being arraigned on charges of fraud, theft of public funds and money laundering. “It’s a witch hunt,” he told a crowd of reporters. “I’m gonna fight my battle, I’m gonna deliver, I’m gonna fight the witch hunt, I’m gonna take care of clearing my name,” he said, adding that he was planning to run for reelection. The 34-year-old congressman for New York’s third district, who won his election after a campaign that was littered with lies about his past, was arrested shortly after 9am after turning himself in to authorities. In the 13-count indictment, federal prosecutors accused Mr Santos of lying on financial disclosure forms he filed to the House when he became a candidate, first by overstating his income from one job and failing to disclose income from another, and secondly by lying about his earnings from his company, the Devolder Organization. Prosecutors also allege that Mr Santos fraudulently used donations to his political campaign for his own benefit, spending “thousands of dollars of the solicited funds on personal expenses, including luxury designer clothing and credit card payments.” The indictment alleges that Mr Santos’s fraud began before his successful run for Congress, accusing him of running an unemployment insurance fraud scheme in which he applied for government assistance in New York while still employed by a Florida-based investment firm. “Taken together, the allegations in the indictment charge Santos with relying on repeated dishonesty and deception to ascend to the halls of Congress and enrich himself,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement. Mr Santos pleaded not guilty to the charges and was released on a $500,000 bond following his arraignment, which lasted for around 15 minutes. His lawyer said that the congressman surrendered his passport to the court. Mr Santos could face up to 20 years in prison if convicted. Read More Here are the 13 counts New York Rep. George Santos faces George Santos pleads not guilty to duping donors, stealing campaign cash to burnish wealthy image George Santos pleads not guilty to 13 charges – live
2023-05-11 03:49
Writers strike: Studios want writers to trust them on streaming. Here's why they don't
When Indiana Jones tells Marion Ravenwood "Trust me" in "Raiders of the Lost Ark," she tries to punch him in the face (again). Writers striking against the major studios have a pretty good idea how she felt. Because when studios say, "Trust us," Hollywood's talent has a long history that explains why they don't.
2023-05-11 03:29
3 companies to pay $615,000 in NY attorney general investigation over faked net neutrality comments
New York’s attorney general says three companies accused of falsifying millions of public comments to support the contentious 2017 federal repeal of net neutrality rules have agreed to pay $615,000 in penalties to New York and other states
2023-05-11 02:59
George Santos: Congressman pleads not guilty to fraud charges
He is accused of laundering funds, lying to Congress and illegally receiving unemployment benefits.
2023-05-11 02:49
What is George Santos accused of?
The Republican lawmaker from New York faces 13 charges including fraud and theft of public funds.
2023-05-11 02:25
Audits of Chinese companies by KPMG and PwC full of holes, US watchdog finds
US inspectors, after receiving access to auditors' books for the first time, discovered significant shortcomings in audits of companies based in China and Hong Kong that are listed on US stock exchanges.
2023-05-11 01:59
White House Assembles Secret Team to Tackle Drug Shortages, Quality Woes
As US drug shortages hit a five-year high and concerns mount about the safety of medicines, the Biden
2023-05-11 01:57
Dominion CEO describes deliberation around $787.5 million settlement with Fox
By Helen Coster When deliberating whether to settle its defamation lawsuit against Fox for $787.5 million in April,
2023-05-11 01:17
White House backs faster energy project permits, joining Republicans
By Jarrett Renshaw and Timothy Gardner WASHINGTON (Reuters) -The White House on Wednesday called on Congress to pass permitting legislation
2023-05-11 00:58
Atlantic City casino-hotels accused in scheme to boost room rates
By Mike Scarcella Caesars Entertainment Inc, MGM Resorts International and other casino-hotel operators in Atlantic City, New Jersey,
2023-05-11 00:51