Albany Man Sentenced to 20 Months for $1.6 Million Unemployment Fraud Scheme
ALBANY, NEW YORK — Carl J. DiVeglia III, 36, of Albany, was sentenced on Tuesday to 20 months in federal prison for orchestrating a fraudulent scheme that defrauded the New York State…
Florida Man Charged with $1.6 Million Cares Act Loan Fraud Scheme
NEWARK, N.J. – A Florida man will make his initial court appearance today on charges related to his role in a scheme to fraudulently obtain over $1.6 million in federal Paycheck Protection…
Eight Defendants Facing Federal Charges Relating to Over $1.6 Million Dollars in Cares Act Covid-19 Fraud, including Identity Theft and Unemployment Insurance Fraud
Baltimore, Maryland – A federal grand jury has returned an indictment charging nine defendants in relation to a Maryland and California CARES Act COVID-19 unemployment insurance scheme. The indictment charges the defendants…
Chile sharply raises estimates for inflation in 2022; GDP seen up 1.6%
By Fabian Cambero SANTIAGO – Chile’s government on Tuesday sharply increased its estimates for the country’s inflation in 2022, saying it now expects an 11.1% rise, against an 8.9% rise seen in…
Lessor SMBC takes $1.6 billion impairment on aircraft in Russia
DUBLIN – Aircraft lessor SMBC Aviation Capital on Friday recorded an impairment of $1.6 billion to cover the full financial impact of having 34 jets stuck in Russia after European Union sanctions…
New study estimates 1.6 million in U.S. identify as transgender
By Jonathan Allen (Reuters) – A study published on Friday estimates that nearly 1.64 million people over the age of 13 in the United States identify themselves as transgender, based on an…
Spring Valley Man Charged In White Plains Federal Court With $1.6 Million Covid-19 Fraud Scheme
Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”),…
European green, social, sustainable bond sales could reach 1.6 trln euros in 2026 – study
By Federica Urso (Reuters) – Sales of Green, Social and Sustainability (GSS) bonds in Europe could total 1.6 trillion euros ($1.68 trillion) by 2026, making up almost half of all new bond…
Google urges court to scrap $1.6 billion EU antitrust fine
By Foo Yun Chee BRUSSELS – Alphabet unit Google on Monday urged Europe’s second-highest court to dismiss a 1.49-billion-euro ($1.6 billion) fine imposed by EU antitrust regulators three years ago for hindering…
Brazil’s Itau Unibanco buys stake in XP Inc for $1.6 billion
(Reuters) – Brazilian lender Itau Unibanco said on Friday it has acquired an 11.36% stake in brokerage XP Inc for around 8 billion reais ($1.61 billion). The deal does not change XP’s…
Hitachi to sell $1.6 billion Hitachi Transport stake to KKR, Nikkei says
TOKYO – Hitachi Ltd is planning to sell most of its 40% stake in Hitachi Transport System Ltd to U.S. private equity firm Kohlberg Kravis Roberts (KKR) for $1.56 billion, the Nikkei…
New York’s Online Sportsbooks Just Miss Record in March with $1.6 Billion in Wagers
New York’s online sports betting industry takes just three months to break U.S. record for annual tax revenue, according to PlayNY LAS VEGAS, April 11, 2022 — New York’s online sportsbooks fell…
SK Hynix CEO says top shareholder to secure $1.6 billion for M&A in chips, blockchain
SEOUL – The CEO of South Korean chipmaker SK Hynix said on Monday that its largest shareholder, SK Square, is considering merger and acquisition deals involving chip companies. “We are considering investment…
New Jersey defrauded Paycheck Protection Program out of $1.6 million, feds
EDISON, NJ – An Edison man has admitted to scamming the U.S. Government out of $1.6 million in COVID-19 relief funds, according to the U.S. Department of Justice, The DOJ said Jordan…
Middlesex County Man Admits $1.6 Million Paycheck Protection Program and Economic Injury Disaster Loan Fraud Scheme
NEWARK, N.J. – A Middlesex County, New Jersey, man today admitted his role in a scheme to defraud lenders and the Small Business Administration (SBA) by fraudulently obtaining approximately $1.6 million in…
Madison County Woman Sentenced to 12 Years for $1.6 Million Frauds
CHARLOTESVILLE, Va. – A Madison County woman was sentenced today to 12 years in prison for perpetrating a scheme in which she stole more than $1.6 million from victims while purporting to…
Texas Man Sentenced for $1.6 Million Investment Fraud Scheme
KANSAS CITY, Mo. – A Houston, Texas, man was sentenced in federal court today for defrauding two Kansas City-area brothers who have also been convicted in the investment fraud scheme. Duc Nguyen,…
German storms cause insurers losses of $1.6 billion
BERLIN – German insurers will have to pay around 1.4 billion euros ($1.57 billion) for nearly a million property units damaged in winter storms that swept across large parts of the country…
Quantum computing company D-Wave to go public via $1.6 billion SPAC deal
– Quantum computing firm D-Wave Systems Inc said on Tuesday it had agreed to go public by merging with blank-check company DPCM Capital in a deal that values the combined company at…
Cash 5 with Quick Cash Tickets sold in Cambria and Erie Counties will split $1.6 Million
MIDDLETOWN, PENNSYLVANIA – Two jackpot-winning Pennsylvania Lottery Cash 5 with Quick Cash tickets sold for the Wednesday, January 12 drawing will split a jackpot prize of $1,601,089. The winning tickets were sold…
Baltimore Woman Facing Federal Indictment for Allegedly Obtaining More Than $1.6 Million in Federal Funds Intended to Relieve Financial Distress Caused by the Covid-19 Pandemic
Baltimore, Maryland – A federal grand jury has returned an indictment charging Nichelle Henson, age 35, of Baltimore, Maryland, for false statements and bank fraud in connection with fraudulent applications Henson allegedly…
Disbarred Columbus Lawyer Sentenced to Prison, Ordered to Pay $1.6 Million in Restitution in Fraud Case
COLUMBUS, Ga. – A former Columbus-based attorney was sentenced to federal prison and was ordered to pay $1.6 million in restitution for mail fraud after a U.S. Secret Service investigation revealed he…
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