Nude beachgoers in New Jersey raise funds for body positivity causes
SANDY HOOK, NJ – Under clear skies and summer heat, visitors to Gunnison Beach shed more than just their clothes on July 12, joining International Skinny Dip Day to raise money for…
U.S. recovery extends Social Security, Medicare funds slightly -trustees
By David Lawder WASHINGTON – A stronger-than-expected recovery from the COVID-19 pandemic will slightly delay the dates when Social Security and Medicare funds are depleted, trustees for the federal benefit programs said…
Wirths Blasts Phil Murphy for Raiding $10 Million in COVID Relief Funds for Illegal Immigrants
TRENTON, N.J. – New Jersey GOP Assemblyman Hal Wirths blasted Governor Phil Murphy after the administration raided $10 million in federal COVID-19 relief funds in order to pay illegal immigrants up to…
Phil Murphy to Pay Illegal Immigrants in New Jersey Sanctuary State $4,000 Per Household Using COVID Funds
TRENTON, NJ – New Jersey Governor Phil Murphy is going to be giving $2,000 checks to illegal immigrants hiding under the state’s sanctuary protection blanket, with a household maximum of $4,000 soon.…
TSA Labor Union President Pleads Guilty to Fraud Scheme to Misappropriate Union Funds
BOSTON – The president of a local union representing Transportation Security Administration (TSA) employees pleaded guilty yesterday in federal court in Boston to engaging in a fraud scheme to defraud the union…
Sri Lanka seeks to secure $5 billion in funds for import payments
By Uditha Jayasinghe COLOMBO – Sri Lanka seeks to secure around $5 billion in funding this year to cover repayments for fuel imports and other items bought through credit lines, and another…
China banks appeal for relaxation of documentation rules to ease funds flow-sources
By Engen Tham and Winni Zhou SHANGHAI – Banks in China are urging regulators to relax rigid documentation rules as companies there have not been able to fulfill them due to COVID-19…
Orleans Parish Woman Pleads Guilty to Theft of More than $61,000 in Social Security Funds
NEW ORLEANS, LA – U.S. Attorney Duane A. Evans announced that CATHERINE CAMPBELL WILLIAMS, age 69, of New Orleans, Louisiana, pled guilty on May 31, 2022 to Theft of Government Funds, in…
Paralegal Pleads Guilty to Embezzlement of Funds from Law Firm Trust Account
RICHMOND, Va. – A Midlothian woman pleaded guilty today to conspiring to embezzle funds from the trust account of the law firm where she worked. According to court documents, from at least…
Highlands Ranch Man Sentenced to Federal Prison for Using COVID Relief Funds for Plastic Surgery, Weight Loss and Jewelry
DENVER – The U.S. Attorney’s Office for the District of Colorado announces that Daniel Stonebarger, age 50, of Highlands Ranch, was sentenced to 41 months in federal prison for fraudulently obtaining funds…
HOT SPRINGS MAN SENTENCED TO 27 MONTHS FOR PANDEMIC FUNDS FRAUD
Hot Springs, Arkansas – David Clay Fowlkes, United States Attorney for the Western District of Arkansas, announced that on May 26, 2022, James Heritage, 39 of Hot Springs, Arkansas, was sentenced…
U.S. equity funds pull first weekly inflow in seven weeks
(Reuters) – U.S. equity funds attracted net inflows in the week to May 25 as shares rallied, with stock markets breaking the longest streak of weekly declines since the dotcom bubble burst.…
Global equity funds see first weekly inflows in seven weeks
(Reuters) – Global equity funds saw money inflows in the week to May 25 as some investors took heart from a rebound in markets this week, after sharp declines in stock markets…
Covington Woman Sentenced for Theft of Social Security Funds
NEW ORLEANS – United States Attorney Duane A. Evans announced that HAYDEE ARMAS SANTANA (“SANTANA”), age 58, of Covington, Louisiana, was sentenced today for Theft of Government Funds, in violation of Title…
California Real Estate Developer Faces Federal Charges for Using Stolen Identities to Obtain COVID-Relief Program Funds
PORTLAND, Ore.—A federal indictment was unsealed today charging a California real estate developer with using stolen identities to fraudulently obtain more than $1.5 million in loans intended to help small businesses during…
Westpac to sell one financial advisory business, merge unit’s funds with Mercer Super Trust
(Reuters) – Westpac Banking Corp said on Thursday it would sell one of its financial advisory businesses, Advance Asset Management, to pension fund Mercer Australia, as part of the bank’s ongoing push…
Former Philadelphia VA Hospital Employee Pleads Guilty to Stealing Almost $500,000 in Government Funds
PHILADELPHIA – United States Attorney Jennifer Arbittier Williams announced that Bruce Minor, 46, of Philadelphia, PA, entered a plea of guilty today before United States District Court Judge Chad F. Kenney in…
Global mutual funds investors could sell $350 billion worth equities this year -Barclays
(Reuters) – Barclays said on Wednesday global mutual funds investors could sell equities worth a further $350 billion this year, unless fears of recession diminish, due to an uncertain macro backdrop and…
Slidell Woman Charged with Misappropriating Veteran’s Funds
NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that SLOANE SIGNAL-DEBOSE, age 51, a resident of Slidell, was charged on May 23, 2022 with misappropriating funds from a veteran while…
Former Treasurer of the Detroit Fire Fighters Union Sentenced to Prison for Stealing Over $200,000 in Union Funds
DETROIT – Verdine Day, the former Treasurer of the Detroit Fire Fighters Union (DFFA), was sentenced to one year in federal prison for embezzling over $200,000 in union funds, announced U.S. Attorney…
Fed funds rate above 1.75% ‘too restrictive’ as financial conditions deteriorate – Guggenheim’s Minerd
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland – The U.S. Federal Reserve may be forced to rethink its hawkish stance as it hikes interest rates in the face of a…
Saudi finance minister says no immediate plans to transfer more funds to PIF
By Yousef Saba and Saeed Azhar DUBAI – Saudi Arabia’s finance minister said on Monday there were no immediate plans to transfer more funds to the Public Investment Fund (PIF), the sovereign…
EU must do more to guard its funds against fraudsters, auditors say
BRUSSELS – The European Commission and EU governments are not doing enough to prevent the misuse of the bloc’s money, auditors said on Monday, warning that fraudulent or corrupt businesspeople may receive…
U.S. bond funds see outflows for 19th straight week
(Reuters) – U.S. bond funds continued to face huge outflows in the week to May 19 on fears that the Federal Reserve would raise interest rates higher than previously expected to keep…
Westbrook Woman Pleads Guilty to Serving as “Money Mule” in FEMA Funds Scam
PORTLAND, Maine: A Westbrook woman pleaded guilty in federal court today for serving as a “money mule” for someone she met online, U.S. Attorney Darcie N. McElwee announced. A money mule is someone…
Union Financial Secretary Charged with Stealing Union Funds
NEW ORLEANS, – BRIAN GERALD, age 50, a resident of Franklinton, Louisiana, was charged today in a one count indictment for embezzling assets of a local labor union in violation of Title…
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