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…
Bristol Woman Arraigned on Federal Fraud, ID Theft, Theft of Federal Funds Charges
PROVIDENCE, R.I. – A Bristol woman was arraigned in federal court today, having been charged by indictment with allegedly perpetrating a scheme to fraudulently collected more than $40,000 in Social Security Supplemental…
Baltimore To Spend $90 Million In Federal Funds On Hotels For Homeless And Other Homeless Programs
Baltimore plans to spend $90.4 million of federal funds to buy hotels to replace existing homeless shelters and support other homelessness programs, The Baltimore Sun reported Tuesday. The city has not yet…
World Bank may be able to disburse Ukraine aid funds in days – Malpass
By David Lawder WASHINGTON – World Bank President David Malpass said on Sunday the bank may be able to provide Ukraine with more financial resources within days and that additional aid for…
Waverly Man Convicted for Theft of Government Funds
United States Attorney Jan Sharp announced that James Nieman, 45, of Waverly, Nebraska, was sentenced today in Lincoln by United States District Judge John M. Gerrard for theft of government funds. Nieman…
Russian cenbank says client funds in sanctioned banks are secure
MOSCOW – Clients’ funds held by Russian banks that were hit with new Western sanctions are secure and are not affected by the sanctions, Deputy Central Bank Governor Vladimir Chistyukhin said on…
U.S. investors flee to money market funds amid Ukraine crisis
– U.S. investors purchased money market funds and withdrew cash from higher risk equity funds in the week to Feb. 23, as a rush for safety dominated markets in the run up…
Investors rush to money market funds in days before Russia’s Ukraine invasion
– Investors rushed for the safety of global money market funds while ditching equities for a second week in the seven days to Feb. 23 as risk aversion dominated markets in the…
Factbox-Exposure of international funds to Russian bonds
NEW YORK/LONDON – Russia’s access to global capital markets was likely to be limited by further international sanctions after the country’s forces invaded Ukraine on Thursday, putting funds with exposure to Russian…
Russian budget has extra $53 billion in free funds, pledges financial stability
MOSCOW – Russian government has over 4.5 trillion roubles ($53 billion) of freely available budget funds and has enough resources to secure macroeconomic stability and support companies hit by sanctions, it said.…
Federal Special Agent Pleads Guilty To Gambling With Government Funds
LAS VEGAS – An FBI Special Agent pleaded guilty yesterday to misusing government money to gamble at a Las Vegas casino. Scott F. Carpenter (40), of New York, pleaded guilty to one…
Fundraising by Chinese private funds dives, slowing economy takes toll
SHANGHAI – Money raised by newly-launched private funds in China plunged 44% in January from a month earlier, latest official data showed, adding to evidence of rapidly-shrinking risk appetite amid a slowing…
Evans City Fiduciary Indicted for Misappropriating Funds from a Disabled Veteran’s Account
PITTSBURGH, PA – A resident of Evans City, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh on a charge of misappropriation by a fiduciary, United States Attorney Cindy K.…
Covington Woman Pleads Guilty to Theft of Social Security Funds
NEW ORLEANS – United States Attorney Duane A. Evans announced that HAYDEE ARMAS SANTANA (“SANTANA”), age 58, of Covington, Louisiana, pled guilty on February 17, 2022 to Theft of Government Funds, in…
Funds win again with U.S. curve flatteners: McGeever
By Jamie McGeever ORLANDO, Fla. -Another week, another big win for hedge funds betting on a flatter U.S. yield curve. Futures market data for the week through Feb. 15 show that funds’…
Indictment Charges Former State Rep, 3 Others, with Stealing West Haven’s COVID Relief Funds
Leonard C Boyle, United States Attorney for the District of Connecticut, David Sundberg, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, and Christina D. Scaringi,…
Exclusive-Voting delays risk starving Somalia of budget funds, says IMF
By Duncan Miriri NAIROBI – A key IMF-supported programme funding military wages and other essential services in Somalia could expire in May if there are any further delays to elections, the chief…
Florida woman used COVID-19 relief funds to hire hitman to kill ex-boyfriend
MIAMI, FL – A Miami woman used COVID-19 relief funds from the Paycheck Protection Program to hire a hitman who murdered her ex-boyfriend and injured her 3-year-old daughter outside her home in…
Grosse Pointe Park Man Sentenced for Scheme to Defraud and Steal Funds from Religious Charity
DETROIT – A Grosse Pointe Park resident was sentenced today to one year in prison and six months at a halfway house on wire fraud charges in connection with obtaining by fraud,…
Chicago Attorney Convicted on False Statement and Tax Offenses in Connection With Funds Received From Failed Bank
CHICAGO — A federal jury today convicted a Chicago attorney on false statement and tax offenses in connection with funds he received from the failed Washington Federal Bank for Savings. PATRICK D.…
Regulators probe block trading at Wall Street banks, hedge funds- WSJ
– Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group Inc, the Wall Street Journal reported, citing people…
Taliban call on Biden to reverse move to halve frozen Afghan funds
KABUL – The Taliban on Monday warned that it would reconsider its policy towards the United States if President Joe Biden did not reverse his “unjustified” decision to return only half of…
Afghan central bank says U.S. plan for frozen funds an ‘injustice’
KABUL – Afghanistan’s central bank on Saturday criticised Washington’s plan to use half the bank’s $7 billion in frozen assets on U.S. soil for humanitarian aid and set aside the rest to…
Mayor of Stonecrest and bookkeeper plead guilty to theft of COVID-19 relief funds
ATLANTA – Jason Lary, the former mayor of Stonecrest, and Lania Boone, a bookkeeper for the entity that administered COVID-19 relief funds awarded to Stonecrest, have pleaded guilty to charges related to…
Former Brownsville Ambulance Service Treasurer Pleads Embezzled Funds
PITTSBURGH – A resident of Newell, Pennsylvania, pleaded guilty in federal court to a charge of theft and embezzlement from a program receiving federal funds, United States Attorney Cindy K. Chung announced…
U.S. plans to free half of $7 billion in frozen Afghan funds for aid
By Andrea Shalal and Doina Chiacu WASHINGTON – The United States is seeking to free up half of the $7 billion in frozen Afghan central bank assets on U.S. soil to help…
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