NYPD rookie accused of stealing $87K from Wells Fargo clients for Aruba trip, BMW payments, and glute workouts
WHITE PLAINS, N.Y. — A New York City police officer has been charged with stealing more than $87,000 from Wells Fargo customer accounts in an alleged scheme that funded luxury car payments,…
Crypto lender Genesis tells clients it is working to preserve their assets
LONDON (Reuters) – U.S. crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, adding that it would take “weeks rather…
Lawyer Michael Avenatti Sentenced to 14 Years in Federal Prison for Stealing Millions of Dollars from Clients and Tax Fraud
SANTA ANA, California – Suspended plaintiffs’ lawyer Michael John Avenatti was sentenced today to 168 months in federal prison for stealing millions of dollars from his clients – one of whom…
Few Credit Suisse clients have closed accounts – CEO of the bank’s Swiss unit
ZURICH (Reuters) – The head of Credit Suisse’s Swiss unit said “some customers have withdrawn some of their money, but very few have actually closed their accounts.” Last week, Switzerland’s second-largest bank…
Former Stamford Attorney Admits Defrauding Clients of More Than $700K
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, today announced that WILLIAM McCULLOUGH, 62, of Westerly, Rhode Island, waived his right to be indicted and pleaded guilty yesterday before…
Fayette County Attorney Sentenced To Probation With Home Detention For Defrauding Clients
HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that on November 16, 2022, John William “JW” Eddy, age 40, of Fayette County, Pennsylvania was sentenced by…
Law firm Sidley warns clients about rules that may hinder activists
By Svea Herbst-Bayliss NEW YORK (Reuters) – Law firm Sidley on Friday stepped into the debate over how aggressively corporations should defend themselves against activist investors by warning clients against making it…
Billionaire Dem Donor And Crypto CEO Allegedly Used Clients’ Money To Fund His Other Company: REPORT
Billionaire Dem Donor And Crypto CEO Allegedly Used Clients’ Money To Fund His Other Company: REPORT John Hugh DeMastri on November 10, 2022 CEO Sam Bankman-Fried of cryptocurrency exchange FTX lent roughly…
BlackRock expands corporate voting choice to more clients
By Simon Jessop and Ross Kerber LONDON/NEW YORK (Reuters) – BlackRock, the world’s biggest asset manager, said on Thursday it would expand the number of clients eligible to choose how to vote…
Tattle Announces Six New Hospitality Clients
Company Continues Growth Trajectory as a Customer Experience Improvement (CXI) Leader Across Various Industries New York, NY (-) Tattle, an innovator in the customer experience improvement (CXI) category, continues its growth by…
London Restaurant Marketing Agency’s Expanded Digital Services Help Drive 100,000 Bookings for Hospitality Clients
(-) After 5 years of managing successful Search Marketing projects for restaurants, hotels, and bars in London, one of the UK’s leading restaurant marketing agencies’ expanded digital services have now helped deliver…
Buffett-backed Nubank reaches 70 million clients
SAO PAULO (Reuters) – Brazil’s Nubank has reached 70 million clients across its three operating countries, Latin America’s largest financial technology company said on Monday. The digital bank, backed by investors including…
Marsh allows U.S. clients to pay broking fees with carbon credits
LONDON (Reuters) – Marsh’s U.S. clients will from Thursday be able to pay their fees in voluntary carbon offset credits or renewable energy certificates (RECs), the insurance broker said, part of a…
Court Of Appeals Upholds Conviction And 17½-Year Sentence For East Stroudsburg Financial Planner Who Defrauded Clients
SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that on September 19, 2022, the United States Court of Appeals for the Third Circuit affirmed both the…
JPMorgan reduces credit to China’s Tsingshan and metal clients globally
By Eric Onstad, Pratima Desai and Peter Hobson LONDON (Reuters) – JPMorgan Chase & Co has reduced lending to China’s Tsingshan, one of the world’s top nickel producers, while also paring back…
Brazil broker Avenue aims for 1 million clients after Itau deal
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian brokerage Avenue Holdings Inc expects to reach the 1 million customer mark soon, an executive said, after Brazil’s largest private lender Itau Unibanco agreed…
Consultant Pleads Guilty to Providing Bribes to Public Officials to Benefit Clients
CHICAGO — A consultant pleaded guilty in federal court today to offering and providing bribes to public officials in an effort to benefit his clients. ROBERTO CALDERO, 69, of Chicago, pleaded guilty…
Maine Tax Preparer Pleads Guilty to Defrauding Clients
ALBANY, NEW YORK – Sean O’Hare, age 54, of South Portland, Maine, pled guilty today to committing wire fraud in connection with a scheme to defraud his tax preparation clients. The announcement…
Top Biden Adviser’s Consulting Clients Stand To Benefit From New Gov’t Spending
Top Biden Adviser’s Consulting Clients Stand To Benefit From New Gov’t Spending Gabe Kaminsky on August 16, 2022 A financial disclosure shows White House Senior adviser Anita Dunn has consulted for companies…
Binance says it is winning crypto clients thanks to inflation
By Marcelo Rochabrun LIMA – Binance, the world’s largest cryptocurrency exchange, is seeing a surge in clients due to rising inflation and a historically strong dollar that has depressed emerging market currencies,…
Travel Agent Sentenced To Prison For Fraud On Clients, Cruise Lines And Payment Processors
Tampa, Florida – U.S. District Judge Susan C. Bucklew today sentenced Diana M. Hopkins (48, Wimauma) to 37 months in federal prison for wire fraud, access device fraud, and money laundering. As…
Russia’s VTB brokerage head leaves amid clients’ dismay
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – VTB will replace the head of its brokerage unit, Russia’s second-largest lender said…
Brazilian Woman Charged With Defrauding Clients And Misappropriating Their Money
Damian Williams, the United States Attorney for the Southern District of New York, and Daniel R. Brubaker, Inspector-in-Charge of the New York Office of the U.S. Postal Inspection Service (“USPIS”), announced today…
Jersey Shore Lawyer Charged for Stealing Money from Dead Client’s Estate
WEST LONG BRANCH, NJ – The Monmouth County Prosecutor’s Office has arrested 52-year-old West Long Branch Michael Botton, accusing him of stealing $58,000 from his deceased client’s estate. According to Acting Monmouth…
Norwalk Attorney Arrested for Stealing $1,000,000 from Clients
NORWALK, CT – A Norwalk attorney, Carl Ferraro, 57, was taken into custody by Norwalk Police Detectives for stealing money from his clients, according to a statement released by the department today.…
Former Financial Advisor Sentenced to Prison for Defrauding Close to $6 Million Dollars from Clients and Spending it on Extramarital Affairs
Miami, Florida – Yesterday, a federal district judge in Miami sentenced German Nino, a former UBS Financial Advisor, to 78 months in federal prison for stealing millions of dollars from client accounts…
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