Lakewood Bloc Vote Founder Passes Away After Longtime Illness
LAKEWOOD, NJ – Lakewood has lost a major figure this week with the passing of Rabbi Israel Schenkolewski, a key force in Ocean County politics. Schenkolewski, who passed away at 80 after…
Zara founder Ortega buys US warehouse for $109 million
MADRID (Reuters) – Amancio Ortega, the founder of Zara-owner Inditex, has bought a warehouse in Los Angeles for $109 million as part of a continued drive to invest in logistics real estate…
TSMC founder: Globalisation in technology takes backseat to national priorities
By Sarah Wu TAIPEI (Reuters) – Globalisation is taking a backseat to priorities such as national security and technological leadership, with U.S.-China relations consisting more of competition than cooperation, the retired founder…
Sex Club Founder Banned After Exposing Hunter Biden’s Membership
Sex Club Founder Banned After Exposing Hunter Biden’s Membership Aaron Life on June 22, 2023 The founder of a high-end Los Angeles sex club was permanently banned from the group after he…
Founder of US ‘orgasmic meditation’ group to challenge forced labor charge
By Luc Cohen NEW YORK (Reuters) – The founder of OneTaste, a sexual wellness company that claims to teach “orgasmic meditation,” plans to challenge a federal criminal charge that she surveilled group…
Nikola founder urges vote against critical share proposal
By Abhirup Roy SAN FRANCISCO (Reuters) – Nikola’s top shareholder and founder, Trevor Milton, on Thursday urged investors to vote against the electric truck maker’s proposal to increase the number of shares…
Founder of Brazil’s CVC to invest $15 million, new CEO picked
SAO PAULO (Reuters) – Brazilian travel operator CVC said on Friday it has reached an agreement with its founder for a 75 million reais ($15.13 million) investment in the company, as well…
U.S. judge sentences Oath Keepers founder to 18 years in prison for seditious conspiracy
By Sarah N. Lynch WASHINGTON (Reuters) – A federal judge sentenced the founder of the far-right militant Oath Keepers Stewart Rhodes to 18 years in prison on Thursday for seditious conspiracy and…
Theranos founder Elizabeth Holmes to report to prison in two weeks
By Jody Godoy (Reuters) – Theranos founder Elizabeth Holmes will begin serving her prison sentence on May 30 for defrauding investors in the failed blood-testing startup once valued at $9 billion. U.S.…
Founder of Taiwan’s Foxconn says China won’t attack if he’s president
TAIPEI (Reuters) – The billionaire founder of Taiwan’s Foxconn and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become…
California prosecutors suggest Cash App founder was slain in dispute over suspect’s sister
By Dan Whitcomb (Reuters) – The tech executive charged with stabbing Cash App founder Bob Lee to death in San Francisco confronted him earlier in the evening about his ties to the…
Citadel founder Ken Griffin donates $300 million more to alma mater Harvard
By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire investor Kenneth Griffin, who started his hedge fund in his dormitory at Harvard University, is donating $300 million to his alma mater, raising the…
Infinity Q founder sentenced to 15 years for lying about asset values
By Jody Godoy (Reuters) – The founder of Infinity Q Management, which once claimed to manage $3 billion, was sentenced to 15 years in prison for misleading investors about the value of…
Cryptocurrency Founder “Bruno Block” Pleads Guilty to Tax Crimes
NEW YORK, N.Y. – Amir Bruno Elmaani, the founder of the cryptocurrency “Oyster Pearl,” pled guilty to tax offenses on Wednesday. Elmaani admitted that he had secretly minted and sold approximately 3…
Cash App founder Bob Lee stabbed to death in San Francisco, says father
(Reuters) – Block Inc-owned Cash App’s founder Bob Lee was stabbed to death in San Francisco on Tuesday, according to a Facebook post shared by his father. “I just lost my best…
New Jersey hedge fund, founder settle SEC charges over improper trades
By Chris Prentice NEW YORK (Reuters) – A New Jersey hedge fund and its founder have agreed to pay $19.3 million to settle charges by the U.S. Securities and Exchange Commission (SEC)…
Exclusive-Takeover target of Nintendo founder family office asks for Japan government probe
By Makiko Yamazaki, Mariko Katsumura and Ritsuko Shimizu TOKYO (Reuters) – The Japanese construction company targeted for takeover by the family office linked to Nintendo Co’s founder is pushing back against the…
Portugal’s Delta Cafes founder Rui Nabeiro dies at 91
LISBON (Reuters) – Rui Nabeiro, the founder of Portugal’s largest roasted coffee retailer Delta Cafes and one of the country’s top entrepreneurs, has died at the age of 91, the company said…
Autonomy founder Lynch fights extradition to US on fraud charges
By Sam Tobin LONDON (Reuters) – Tech entrepreneur Mike Lynch asked a London court to block his extradition to the United States to face criminal charges over Hewlett Packard’s $11 billion acquisition…
Medical device company founder arrested for selling fake pain implants
By Brendan Pierson (Reuters) – The founder of a medical device company has been charged with leading a scheme to create and sell a completely non-functional plastic implant purporting to treat chronic…
Ozy Media and Its Founder Carlos Watson Indicted in a Years-Long Multi-Million Dollar Fraud Scheme
An indictment was unsealed this morning in federal court in Brooklyn charging OZY Media Inc. (Ozy), a media and entertainment company headquartered in Mountain View, California, and its founder and Chief Executive…
Former Bond Trader And Hedge Fund Founder Jeffrey Soberman Parket Pleads Guilty To $65 Million Ponzi Lending Scheme
Damian Williams, the United States Attorney for the Southern District of New York, and Daniel B. Brubaker, Inspector in Charge of the New York Division of the U.S. Postal Inspection Service (“USPIS”),…
FTX gets court approval to subpoena founder Bankman-Fried, other insiders
By Dietrich Knauth (Reuters) – Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members of his family as part of the company’s…
Founder and Majority Owner of Bitzlato, a Cryptocurrency Exchange, Charged with Unlicensed Money Transmitting
Defendant Wrote on Bitzlato’s Internal Chat Room That its Users Were “Known to be Crooks” BROOKLYN, NY – A complaint was unsealed this morning in federal court in Brooklyn charging Anatoly Legkodymov,…
Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Over $700 Million of Illicit Funds
The founder and majority owner of a cryptocurrency exchange, Bitzlato Ltd. (Bitzlato), was arrested last night in Miami for his alleged operation of a money transmitting business that transported and transmitted illicit…
United States Attorney Announces Extradition Of FTX Founder Samuel Bankman-Fried To The United States And Guilty Pleas Of Former CEO Of Alameda Research And Former Chief Technology Officer Of FTX
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 Field Office of the Federal Bureau…
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