Ex-NASA employees admit to luxury home mortgage fraud scheme
HOUSTON – A Missouri City couple who once worked at NASA admitted Friday to running a years-long mortgage fraud scheme tied to the financing of …
luxury
New Jersey maritime pioneer, Viking Yachts legend Bill Healey dies at 97 after building America’s luxury boat empire
New Gretna, NJ – Bill Healey, the cofounder of Viking Yacht Company who helped transform a small boatyard into the world’s top maker of luxury …
A New Super Luxury Bowling and Mini-Golf Adventure is Coming to New Jersey
EDISON, N.J. — Albatross, promoted as the world’s largest indoor-themed mini putting and luxury bowling destination, will hold its grand opening celebration on Wednesday, June …
New York man arrested after high-speed chase in Italian luxury car in Virginia
STAFFORD, Va. — A 24-year-old New York man was arrested Saturday night after attempting to flee deputies during a high-speed pursuit in Stafford County, authorities …
New York attorney accused of stealing $1.2 million from clients to fund luxury lifestyle
MINEOLA, N.Y. — A Long Island real estate attorney was arraigned Wednesday on charges of grand larceny and fraud after allegedly embezzling more than $1.2 …
Clarkstown Police Investigate Attempted Thefts of Luxury Cars
NEW CITY, NY – The Clarkstown Police Department’s Detective Bureau is actively investigating two attempted thefts of luxury vehicles that occurred early Wednesday morning in …
Luxury Condos to Replace This Once Famous Jersey Shore Night Club Karma
SEASIDE HEIGHTS, NJ – If you miss the days of Snooki and the Situation in Seaside Heights, you can now purchase a luxury condominium at …
Clifton Police Report Spike in Overnight Car Luxury Car Thefts
CLIFTON, NJ—The Clifton Police Department has reported a recent surge in nighttime burglaries of occupied homes in the Rosemawr and Montclair Heights areas. The incidents, …
New Jersey Man Sentenced in Luxury Car Theft Ring
NEWARK, N.J. – Malik Baker, a 30-year-old from Vauxhall, New Jersey, has been sentenced to 41 months in prison for his involvement in a conspiracy …
New Jersey Man Convicted in Luxury Rental Car Heist Gone Wrong
Morristown, NJ – Morris County Prosecutor’s Office has announced the conviction of 37-year-old Melvin Banks of Somerset, New Jersey, on charges of conspiracy, armed robbery, …
Rahway Man Arrested for Luxury Vehicle Theft Scam in Somerville
SOMERVILLE, N.J. – The Somerset County Prosecutor’s Office, along with Chief Francisco Roman Jr. and Somerville Chief of Police Dennis Manning, announced the arrest of …
EV maker Lucid recalls over 2,000 luxury sedans due to faulty component
(Reuters) – Lucid Group is recalling more than 2,000 units of its Air luxury electric sedan for potential faults in early versions of a part …
NYPD Scrambles to Catch Armed Robbers in Luxury Getaway Car
NEW YORK CITY, NY – The New York City Police Department is seeking the public’s assistance in identifying two suspects involved in a series of …
E-commerce giant Coupang to buy online luxury firm Farfetch
(Reuters) -New York-listed e-commerce giant Coupang plans to buy Farfetch Holdings in a deal that will provide the struggling online luxury fashion retailer with $500 …
Hong Kong luxury retailers adjusting to drop in high-spending Chinese tourists
By Farah Master HONG KONG (Reuters) – Hong Kong’s luxury retailers are adapting to fewer wealthy Chinese shoppers visiting the city and a shift towards …
Analysis-European luxury labels’ distaste for discounts frustrates Farfetch ambitions
By Mimosa Spencer and Abigail Summerville PARIS (Reuters) – A winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH to …
Saudi wealth fund to buy 49% of luxury hotel chain Rocco Forte
By Yadarisa Shabong and Elisa Anzolin (Reuters) -Saudi Arabia’s PIF sovereign wealth fund will buy a 49% stake in luxury hotel group Rocco Forte Hotels …
Evergrande chairman’s two luxury mansions seized by creditor – local media
HONG KONG (Reuters) – Two luxury homes in Hong Kong owned by the chairman of embattled property developer China Evergrande Group, Hui Ka Yan, have …
CBP Officers Discover Two More Stolen Luxury Vehicles at the Peace Bridge Valued at More Than $600K
BUFFALO, N.Y. – U.S. Customs and Border Protection (CBP) officers at the Port of Buffalo, Peace Bridge border crossing, seized two more stolen vehicles. A …
$6,000,000 Luxury Waterfront Estate in Brick Township Overlooks the Metedeconk River
BRICK, NJ — A three-day auction for a luxury riverfront estate on Princeton Avenue in Brick Township concluded on October 26, apparently without a sale. …
Moncler sales seen rising despite luxury concerns, warmer weather
By Elisa Anzolin MILAN (Reuters) – Italian luxury group Moncler is expected to post a healthy rise in quarterly sales thanks to a strong brand …
Kering shares fall 4% after sales drop, dragging down luxury sector
PARIS (Reuters) -Shares in French group Kering fell on Wednesday to their lowest since March 2020, dragging down other luxury stocks, after the company reported …
Luxury slowdown further challenges Gucci revival
By Mimosa Spencer PARIS (Reuters) – French luxury group Kering’s sales are likely to have slowed again in the third quarter as it seeks to …
Double Shooting at Crown Heights Luxury Rental Building
CROWN HEIGHTS, NY – Police are on the lookout for a gunman after a man and woman were shot at the Arch building on President …
Double Shooting at Luxury Building in Crown Heights
CROWN HEIGHTS, NY – A man and a woman were injured in a shooting incident at a luxury rental building on President Street by Rogers …
Newly Built Luxury Home Listed for $4.5 Million in Long Beach Township
LONG BEACH TOWNSHIP, NJ – A newly constructed luxury residence located at 151-B Long Beach Blvd, Long Beach Township, NJ 08008, has been introduced to …
Higher yields weigh on European shares, luxury stocks enter bear market territory
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares fell for a fourth day on Tuesday, with rate-sensitive technology and real estate stocks pressured …
Waterfront Luxury Home in Mantoloking Has Much to Offer for $3.7 Million
BRICK, NJ – A stunning waterfront property at 192 Squan Beach Dr, Mantoloking, NJ 08738, boasting 4 bedrooms, over 5.5 bathrooms, and a spacious 4,438 …
Stunning $3.6 Million Oceanfront Home in Seaside Park, NJ Offers Luxury Living
SEASIDE PARK, NJ – Nestled along the picturesque coastline of Seaside Park, a magnificent oceanfront home has captured the attention of luxury home enthusiasts. Priced …
Columbus Luxury Car Thieves Caught on Camera
COLUMBUS, OH- Detectives from the Property Crimes Bureau are seeking assistance from the public in identifying suspects involved in the theft of two luxury vehicles …
Jersey Shore Outlet Giants Create Luxury Super Business
NEPTUNE, NJ – Nearly every outlet shopping center in New Jersey features two brands, Coach and Michael Kors. Now, these two giants are being combined …
China’s uneven recovery may deepen demand worries for U.S. luxury goods makers
By Deborah Mary Sophia and Ananya Mariam Rajesh (Reuters) – U.S. luxury companies including Michael Kors-owner Capri and Estee Lauder will likely record a hit …
Devon Archer Says Kazakh Oligarch Wired Hunter Money For A Luxury Car Around The Time He Met Joe Biden In DC
Devon Archer Says Kazakh Oligarch Wired Hunter Money For A Luxury Car Around The Time He Met Joe Biden In DC Nick Pope on August …
Italy’s luxury groups set aside rivalries to keep it local
By Elisa Anzolin MILAN (Reuters) – Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming up to protect their supply …
Luxury Concierge Service Offering Private Jet Charters To Next UN Climate Conference
Luxury Concierge Service Offering Private Jet Charters To Next UN Climate Conference Nick Pope on June 26, 2023 A luxury concierge service is offering to …
Fake Luxury Watches Worth Over $1.2 Million Intercepted by CBP at LAX
If genuine, the seized watches would have had an estimated manufacturer’s suggested retail price (MSRP) of $1,294,500. LOS ANGELES— U.S. Customs and Border Protection (CBP) …
From mangoes to luxury watches, Indians look to offload 2,000-rupee notes
By Siddhi Nayak and Nikunj Ohri MUMBAI/NEW DELHI (Reuters) -Indians are stepping up purchases of daily essentials, and even premium branded goods, using the soon-to-be-withdrawn …
Australian luxury wine to China will take years to rebuild – Treasury
SYDNEY (Reuters) – Chinese wine sales will not return to the same level for Australia’s Treasury Wine Estate even if high tariffs imposed during a …
Analysis-Fewer luxury shoppers but bigger spenders as Chinese return to Europe
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – China’s five-day Labour Day holiday in early May was once a good excuse for a quick …
State Seeks Crackdown On Free Meal Programs After Fraudsters Allegedly Stole Millions For Cars, Houses And Luxury Buys
State Seeks Crackdown On Free Meal Programs After Fraudsters Allegedly Stole Millions For Cars, Houses And Luxury Buys Reagan Reese on April 17, 2023 The …
Civil Forfeiture Complaint Filed Against Six Luxury Real Estate Properties Involved In Sanctions Evasion And Money Laundering
Damian Williams, the United States Attorney for the Southern District of New York, Andrew C. Adams, the Director of Task Force KleptoCapture, Ivan J. Arvelo, …
Toyota to launch two luxury vehicles in Japan -Nikkei
TOKYO (Reuters) – Toyota Motor Corp will launch two higher-end luxury vehicles in Japan during the next financial year as it seeks to capture a …
Queens Jeweler Convicted In Luxury Watch Robbery And Money Laundering Scheme
Damian Williams, the United States Attorney for the Southern District of New York, announced that a jury returned a guilty verdict today against STANISLAV YAKUBOV, …
U.S. card firms’ growth to moderate as luxury buying falters
By Manya Saini and Niket Nishant (Reuters) – U.S. card companies are expected to post the slowest revenue growth in seven quarters, as consumers tighten …
TUI: Luxury holiday demand boosts sales
BERLIN (Reuters) – Travel giant TUI reported on Friday a boost in demand for luxury holidays, driving sales for the winter 2022/23 period higher than …
China’s BYD to launch luxury electric sedan in India this year
By Praveen Paramasivam and Aditi Shah GREATER NOIDA, India (Reuters) – BYD will launch its third passenger electric vehicle in India by the fourth quarter …
Hermes expands in Nanjing as luxury industry bets on Chinese return
By Mimosa Spencer PARIS (Reuters) – Birkin bag maker Hermes is opening a new, enlarged store in China’s Nanjing city, signalling the luxury industry’s confidence …
As travel resumes, China’s luxury shoppers ask: Paris or Hainan?
By Casey Hall SHANGHAI (Reuters) – An end to China’s travel curbs this month is expected to revive demand in the global luxury retail market, …
As Other Automakers Push EVs, This Luxury Brand Drove Laps Around Them In 2022
As Other Automakers Push EVs, This Luxury Brand Drove Laps Around Them In 2022 John Hugh DeMastri on December 28, 2022 While electric vehicle (EV) …
Russian Intelligence Agent Charged with Fraud and Money Laundering in Connection with Purchase and Use of Luxury Beverly Hills Real Estate
A seven-count indictment was unsealed today in federal court in Brooklyn charging Andrii Derkach with conspiracy to violate the International Emergency Economic Powers Acts (IEEPA), …