San Gabriel Valley Woman Pleads Guilty to Counterfeit Postage Fraud that Caused More Than $150 Million in Losses to U.S. Postal Service
Lijuan “Angela” Chen, 51, of Walnut, pleaded guilty to one count of conspiracy to defraud the United States and one count of use of counterfeit postage. Chen has been in federal custody…
U.S. tech-focused hedge funds brace for heavy losses amid market slide
By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – U.S. hedge funds that focus broadly on technology investments are bracing for heavy losses this year as gloomier economic data sparked a…
EU sanctions prevent Moscow from making up military losses, top diplomat says
BRUSSELS (Reuters) – European Union sanctions are severely hurting Moscow’s potential to sustain its weapons and military equipment in the war on Ukraine, the EU’s top diplomat said on Tuesday, arguing almost…
Maryland Woman Sentenced to Federal Prison for Fraud Schemes Resulting in Losses of More Than $1.4 Million
Baltimore, Maryland – U.S. District Judge Richard D. Bennett sentenced Linda Pylant, age 59, of Grasonville, Maryland, today to four years in federal prison, followed by one year of home detention as…
Sen. Richard Burr’s ‘Well-Timed Stock Sales’ Helped Him Avoid Thousands In Losses, Unsealed Affidavit Says
Sen. Richard Burr’s ‘Well-Timed Stock Sales’ Helped Him Avoid Thousands In Losses, Unsealed Affidavit Says Gabe Kaminsky on September 7, 2022 Sen. Richard Burr’s “well-timed stock sales” prior to the economic downturn…
Poland To Demand $1.3 Trillion From Germany For Losses Suffered During WW2
Poland To Demand $1.3 Trillion From Germany For Losses Suffered During WW2 Micaela Burrow on September 1, 2022 The Polish government revealed an intention to demand $1.32 trillion in compensation from Germany…
China’s top airlines post steep Q2 losses on COVID curbs
BEIJING/SYDNEY (Reuters) – China’s three biggest airlines posted on Tuesday a combined 28.4 billion yuan ($4.12 billion) second-quarter loss, wider than in the first quarter, due to major travel disruptions including a…
Fed’s Bostic: Powell was preparing for some job losses – Fox Business
(Reuters) – Atlanta Federal Reserve President Raphael Bostic on Friday said Chair Jerome Powell was trying to prepare Americans for the possibility of a weaker job market as the central bank raises…
Russian stocks to pare some heavy losses by year-end – Reuters poll
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) By Andrey Ostroukh MOSCOW (Reuters) – Russia’s stock market will pare some of its heavy…
Losses from crypto hacks surged 60% to $1.9 billion in Jan-July -Chainalysis
By Gertrude Chavez-Dreyfuss NEW YORK – Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen…
Tiger Global slashes portfolio amid losses
By Carolina Mandl NEW YORK -Investment firm Tiger Global Management, which lost billions of dollars in this year’s technology meltdown, slashed or completely exited most of its holdings in the second quarter,…
After Several Massive Losses, Dem Support For SCOTUS Is Lower Than Ever: POLL
After Several Massive Losses, Dem Support For SCOTUS Is Lower Than Ever: POLL Trevor Schakohl on August 2, 2022 The vast majority of Democrats are unhappy with the Supreme Court’s work, according…
Florida man sentenced to 8 years in prison for fraud scheme causing $3.5 million in losses, including more than $1 million in COVID-relief fraud
CINCINNATI – A Florida man who conspired to steal identities to fraudulently obtain credit and COVID-19 relief funds was sentenced in federal court here today to 96 months in prison. Adesh…
Hefty losses at foreign funds with holdings in Sri Lankan equities
(Reuters) – Foreign mutual funds which have exposure to Sri Lankan equities have posted steep losses in their net asset values this year, prompting their fund managers to look for ways to…
Indian rupee at over 1-wk high on broad $ losses; bond yields slip
By Swati Bhat and Anushka Trivedi MUMBAI -The Indian rupee rose to its highest in more than a week on Monday afternoon tracking broad losses in the dollar, while bond yields edged…
Russian retail investors ask VTB to compensate them for foreign losses
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – A few dozen Russian retail investors handed in a letter to the country’s…
Uniper flags $6.3 billion in losses due to Russian gas crisis
FRANKFURT – Uniper will accumulate losses of 6.2 billion euros ($6.3 billion) due to reduced deliveries of Russian gas that have forced the company, which received a bailout on Friday, to buy…
Four Maryland Residents Facing Federal Indictment for CARES Act COVID-19 Unemployment Fraud Scheme with More Than $3 Million in Losses
Baltimore, Maryland – A federal grand jury has returned an indictment charging four Maryland residents with federal conspiracy and wire fraud charges related to a CARES Act unemployment insurance fraud scheme with…
Hedge funds assets shrink amid investors withdraws, losses
NEW YORK – Hedge funds assets fell below $4 trillion in June, dragged down by poor performance and investors’ withdraws, data provider HFR showed on Thursday. Amid high volatile across markets, investors…
ROSEN, LEADING INVESTOR COUNSEL, Encourages Unilever PLC Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – UL
NEW YORK , July 9, 2022 — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Unilever PLC (NYSE: UL) between September 2, 2020 and July…
CAREDX SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against CareDx, Inc. – CDNA
NEW ORLEANS, July 8, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 22,…
OKTA SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Okta, Inc. – OKTA
NEW ORLEANS, July 8, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 19, 2022…
PEGASYSTEMS SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Pegasystems Inc. – PEGA
NEW ORLEANS, July 8, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 18,…
DENTSPLY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Dentsply Sirona, Inc. – XRAY
NEW ORLEANS, July 8, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 1,…
UNILEVER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Unilever PLC – UL
NEW ORLEANS, July 8, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 15,…
TELADOC HEALTH SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Teladoc Health, Inc. – TDOC
NEW ORLEANS, July 8, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until August 5,…
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