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Malden Woman Sentenced for Embezzling Nearly $800,000 from Employer

DOJ Press0

BOSTON – A Malden woman was sentenced today in federal court in Boston on fraud and identity theft charges in connection with her embezzlement of more than $795,000 from her employer.  Kayla Figelski, 34, was sentenced by U.S. District Court Chief Judge F. Dennis Saylor IV to three years in prison and two years of supervised release. Figelski was also ordered to pay restitution in the amount of $796,747. In May 2021, Figelski pleaded guilty to seven counts of bank fraud and one count of aggravated identity theft. From in or about April 2017 through June 2019, Figelski stole at

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Postal Service Mail Carrier Arrested on Federal Complaint Alleging Scheme to Fraudulently Obtain Nearly $800,000 in Jobless Benefits

DOJ Press0

          LOS ANGELES – Federal authorities this morning arrested a United States Postal Service (USPS) mail carrier and a Santa Clarita Valley man for allegedly scheming to steal approximately $800,000 in unemployment insurance (UI) funds by using false claims of COVID-related job losses and stealing UI debit cards from the U.S. mail.           Stephen Glover, 32, of Palmdale, who worked at the Valencia post office, and Travis McKenzie, 26, of Valencia, who lived on Glover’s mail delivery route, are expected to make their initial court appearances this afternoon in United States District Court in downtown Los Angeles. A criminal complaint

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FirstEnergy Commences Cash Tender Offer for up to $800 Million Aggregate Purchase Price of Certain of Its Outstanding Notes

Your News0

AKRON, Ohio, May 25, 2022 — FirstEnergy Corp. (“FirstEnergy”) (NYSE: FE) announced today that it has commenced an offer to purchase for cash (the “Tender Offer”) up to the maximum combined aggregate purchase price of $800 million, including principal and premium but excluding accrued and unpaid interest (the “Maximum Tender Amount”), of its 7.375% Notes, Series C, due 2031 (the “2031 Notes”) and 4.85% Notes, Series C, due 2047 (which, pursuant to their terms, accrue interest at a rate of 5.35% per annum as of the date of this news release) (the “2047 Notes” and, together with the 2031 Notes,

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BlackRock says it has more than $800 million for new impact fund

Reuters0

By Ross Kerber (Reuters) – Top asset manager BlackRock Inc said on Wednesday it has more than $800 million in commitments for a new impact fund, part of a growing investor focus on diversity and equity themes. The New York-based firm said its BlackRock Impact Opportunities Fund is meant to back businesses or projects run by or serving Black, Latino and Native Americans communities. It is among a number of steps BlackRock outlined in June 2020 to advance racial equity after the murder of George Floyd at the hands of Minneapolis police. Pam Chan, global head of BlackRock’s alternative solutions

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Virginia Company Agrees to Pay $800,000 to Resolve False Claims Act Allegations

DOJ Press0

NEWARK, N.J. – An information technology service provider to the United States military has agreed to pay $800,000 to resolve allegations that it violated the False Claims Act by purchasing items for the personal use of their employees and billing those items against its government contracts, U.S. Attorney Philip R. Sellinger announced today. The settlement resolves allegations that from Jan. 1, 2012, to Jan. 31, 2017, employees of Subsystems Technologies Inc. (STI), of Arlington, Virginia, purchased various electronic and luxury items for personal use, and then provided those items, along with sporting event tickets and other things of value, to

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Biden, citing “critical window,” announces $800 million more military aid for Ukraine

Reuters0

WASHINGTON – U.S. President Joe Biden said on Thursday he had authorized another $800 million in military aid for Ukraine, citing a “critical window” in the conflict as Russia sets the stage for the next phase in the war. He said the new package will include heavy artillery, 144,000 rounds of ammunition and tactical drones. (Reporting by Patricia Zengerle; Editing by Chizu Nomiyama)

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Medical Doctor To Pay $40,800 To Resolve Civil Liability For Alleged Violations Of The False Claims Act

DOJ Press0

HARRISBURG, PA —The United States Attorney’s Office for the Middle District of Pennsylvania announced that Dr. Ahmed Khan has agreed to pay the United States $40,800 to resolve civil liability for alleged violations of the False Claims Act. According to United States Attorney, John C. Gurganus, between 2019 and 2020, Dr. Khan accepted consultation fees for ordering Durable Medical Equipment (DME) and topical pain creams for patients with whom he did not have an established provider-patient relationship.  He authorized orders for pre-selected products without any physical examination of the patients.  In many instances, Dr. Khan had no interaction at all

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U.S. Marshals Fugitive Task Force Captures Over 800 Fugitives in East Texas During 2020, Recover Missing Children

DOJ Press0

Tyler, TX – The U.S. Marshals Joint East Texas Fugitive Task Force (JETFTF) brought 813 felony fugitives to justice during 2020, bringing the arrest total to 20,305 since its inception back in 2004. These arrests resulted in 1,204 felony warrants being cleared in 2020, adding to the total of 26,774 warrants closed since the JETFTF was formed. Many of the fugitives the JETFTF apprehends are wanted on more than one state and/or federal arrest warrant. Included in the 2020 arrests are 47 homicide warrants, 70 armed or aggravated robberies, 182 sex crimes, 383 narcotics, and 4 kidnappings that JETFTF spearheaded

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NextEra takes $800 million charge for WV-VA Mountain Valley natgas pipe

Reuters0

– NextEra Energy Inc said one of its units recorded an $800 million impairment charge in the first quarter as the U.S. renewable energy company re-evaluates its investment in the long-delayed Mountain Valley natural gas pipeline from West Virginia to Virginia. NextEra said in a U.S. Securities and Exchange Commission filing on Friday that its NextEra Energy Resources unit and other Mountain Valley joint venture partners continue to evaluate options and next steps for the project. The U.S. Court of Appeals for the Fourth Circuit over the last month has invalidated key permits for the project issued by the U.S.

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Credit Suisse sweetens deal for senior bankers with 800 million Sfr in upfront cash

Reuters0

By Brenna Hughes Neghaiwi ZURICH – Credit Suisse’s bonus pool fell 32% in 2021, the bank said on Thursday, as the bank slashed regular deferred awards following a string of scandals, but senior bankers’ pay was sweetened by a surge in upfront cash and a one-off bonus. Switzerland’s second-biggest bank said it had cut its overall variable compensation pool to 2 billion Swiss francs in 2021, as the bank reported a 1.6 billion franc loss for the year. That reflected the collapse of $10 billion in supply chain finance funds linked to insolvent British finance firm Greensill and a $5.5

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Twitter Offers $800 Million To Settle Class Action Lawsuit Over Claims It Misled Investors

The Daily Caller0

Twitter proposed an $800 million dollar settlement agreement to resolve all claims the company misled investors regarding its user and engagement data, the company announced Monday. Twitter submitted the agreement to the Northern California District Court to settle a class action lawsuit filed by shareholders in 2016, the social media platform announced in an 8-K filing with the Securities and Exchange Commission (SEC) on Monday. If the settlement is approved by the court, Twitter will pay shareholders $809.5 million. Twitter declined the Daily Caller News Foundation’s request for additional comment. The lawsuit alleged that Twitter executives, including CEO Jack Dorsey, issued

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