Billionaire investor Ray Dalio is warning that wealth taxes could force the ultra-rich to sell off big chunks of their holdings and help pop what he sees as an AI-fueled stock bubble. The Bridgewater Associates […]
A former senior CIA official has pleaded guilty to defrauding the federal government of about $194 million, a scheme prosecutors say he used to buy gold bars, Florida luxury homes and other personal assets. David […]
A Michigan caregiver has been arrested after an 86-year-old Livonia woman and her family say the aide stole nearly $24,000 through repeated ATM withdrawals and unauthorized credit card charges. Livonia police took the woman into […]
Federal prosecutors have secured an eight-year prison sentence for the leader of a scheme that stole thousands of checks from U.S. Postal Service collection boxes and deposited millions in altered funds. Michael Edwards, 31, of […]
A disgruntled former core infrastructure engineer at a New Jersey industrial company sabotaged the firm’s computer network and extorted employees with a large Bitcoin (BTC) ransom demand. The U.S. Department of Justice says 59-year-old Missouri […]
Federal prosecutors have secured an 18-month prison sentence against a North Carolina resident who used super intelligence to generate fake songs and automate billions of streams on major platforms. Michael Smith, 54, of Cornelius, North […]
Federal prosecutors have secured a guilty plea from a former bank employee accused of taking bribes to help launder millions of dollars in illicit funds to Colombia. Gerardo Aquino, 40, of Hollywood, Florida, pleaded guilty […]
A cross-border payments company is accusing Tether of seizing millions from its digital wallet without justification or notice. Conduit alleges Tether froze the entire $2.76 million balance in its Fireblocks USDT wallet on its own […]
Federal prosecutors have secured a guilty plea from a Chinese national accused of laundering proceeds taken from victims through a government impersonation scam. Binghui Liu, 33, a citizen of China formerly residing in San Jose […]
McDonald’s is facing a proposed class action lawsuit that claims a shared AI pricing engine pooled nonpublic franchise sales data and helped push menu prices higher. The complaint, filed October 2nd in the US District […]
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