(Reuters) – Short sellers made a whopping $848 million in paper profit by betting against beleaguered First Republic Bank in March, financial data company Ortex said on Tuesday, making it …
Million
-
- Business News
UK says Lockheed Martin, BAE Systems win nearly $200 million contract, to create 140 jobs
by Reutersby Reuters(Reuters) – Lockheed Martin Corp and BAE Systems Plc won a F-35 jet maintenance support contract worth 161 million pounds ($200 million), creating 140 jobs in Britain, the country’s Ministry …
- Breaking News
Essex County Woman Admits Role in $25 Million Cryptocurrency Fraud
by Leo Canegaby Leo CanegaNewark, NJ – U.S. Attorney Philip R. Sellinger announced on Wednesday that Edith Pardo, 70, of Bloomfield, pleaded guilty to her involvement in fraudulently inducing victims to invest over $25 …
-
(Reuters) – Shares of Nikola Corp hit a record low on Friday after the electric-truck maker said it plans to sell shares and raise $100 million, amid high production costs. …
- Business News
Bed Bath & Beyond plans to sell $300 million in stock, warns again of bankruptcy
by Reutersby Reuters(Reuters) -Bed Bath & Beyond Inc on Thursday announced plans to sell $300 million worth of its shares as the struggling retailer looks to raise more capital, and once again …
- Breaking NewsNorth Jersey News
Maryland Man Admits to Illegally Obtaining Over $2 Million in COVID-19 Relief Funds
by Leo Canegaby Leo CanegaNEWARK, N.J. – Mohamed Kamara, a 42-year-old man from Greenbelt, Maryland, has pleaded guilty yesterday to wire fraud and conspiracy to commit wire fraud. He admitted to illegally obtaining more …
- Breaking News
Swiss Executive Pleads Guilty to Tax Fraud Conspiracy Involving $60 Million
by Leo Canegaby Leo CanegaNEW YORK, NY – Swiss executive Daniel Wälchli pled guilty today to conspiring to defraud the United States in connection with a scheme to help wealthy American clients conceal over …
- Breaking NewsNew York City NewsNew York NewsPolice Blotter
Serial Fraudster Convicted of $40 Million Ponzi Scheme, SBA Loan Fraud
by Leo Canegaby Leo CanegaNew York, NY – Canton, Michigan resident Franklin Ray, a recidivist fraudster, pled guilty today to multiple counts of wire fraud, including one count of wire fraud while released under …
- Business News
Wells Fargo to pay $97 million for sanctions compliance failures
by Reutersby ReutersBy Hannah Lang (Reuters) -Wells Fargo & Co will pay fines of about $97.8 million for inadequate oversight of its compliance risks, enabling the apparent violation of U.S. sanctions against …
- Breaking NewsLottery WinnersPennsylvania News
Westmoreland County machinist wins a million dollars on lottery ticket
NORTH HUNTINGTON, PA – Pennsylvania Lottery officials and AccuServ Pharmacy, a Lottery retailer, presented a commemorative check to the winner of the $1 million Millionaire Maker Scratch-Off ticket today. The …
- Breaking NewsLottery WinnersNew York City NewsNew York News
Lotto ticket worth $3.7 million sold in Staten Island
NEW YORK, NY – One lucky Staten Island resident just hit the jackpot. A $3.7 million prize-winning ticket was sold in the March 29 New York Lotto drawing at Kings …
-
BANGKOK (Reuters) – Thailand beat its target for tourist arrivals in the first quarter, recording 6.15 million visitors in the January to March 27 period, government spokesperson Traisuree Taisaranakul said …
-
PHARR, Texas—U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Pharr International Bridge cargo facility intercepted $7,400,000 worth of alleged methamphetamine concealed in a shipment of charcoal. …
- Breaking NewsCommunity NewsFeatured NewsGovernment NewsPolitics
Bulk of Hill team’s $14 million loan slated to prep for Downtown Toms River development
by Phil Stiltonby Phil StiltonTOMS RIVER, NJ – The Mo Hill team voted to pass an ordinance for a $14,000,000 loan in order to literally pave the way for future development in downtown Toms …
- Breaking NewsMaryland NewsPolice Blotter
LabCorp Settles for $2.1 Million Over False Claims Act Allegations Involving Overbilling the Department of Defense
by Leo Canegaby Leo CanegaBALTIMORE, MD – Laboratory Corporation of America (LabCorp) has recently agreed to pay $2.1 million to resolve allegations of violating the federal False Claims Act by overbilling the Department of …
- Baltimore NewsBreaking NewsMaryland News
Baltimore Man Pleads Guilty to Federal Charge for Fraudulently Obtaining More Than $1.2 Million in COVID-19 CARES Act Loans
by Leo Canegaby Leo CanegaBALTIMORE, MARYLAND – On Friday, Baltimore man Alexander Barabash, 52, pleaded guilty to wire fraud in relation to submitting fraudulent Coronavirus Aid, Relief, and Economic Security (CARES) Act loan applications. …
- Business News
UK’s William Hill given record $24 million fine for gambling failures
by Reutersby ReutersBy Sarah Young LONDON (Reuters) – Britain’s Gambling Commission has handed a 19.2 million pound ($23.7 million) fine to the William Hill betting group, the biggest penalty ever issued by …
- Breaking NewsPennsylvania NewsPolice Blotter
Former CPA Charged with Embezzling $2.4 Million from Bensalem Company
by Leo Canegaby Leo CanegaBENSALEM, PA – Michael Bull, a 47-year-old former CPA of KGM Gaming LLC, has been charged with embezzling over $2.4 million from the Bensalem-based company. KGM Gaming, a supplier of …
-
LIMA (Reuters) – Peruvian authorities said Monday they seized 2.3 tonnes of cocaine disguised as ceramic tiles destined for Turkey via a growing maritime route for illicit drugs. The drug …
-
BRADFORD, PA – A winning lottery ticket worth $1,000,000 was sold at Walmart in Bradford this week. Pennsylvania lottery officials reported a grand prize winner in the Millionaire Maker scratch-off …
- Breaking NewsFeatured NewsGovernment NewsLottery WinnersNew Jersey News
Ocean County man wins $1 million with losing lottery ticket
TOMS RIVER, NJ – Most New Jersey lottery players don’t know this, but you can submit your losing lottery tickets to enter into a drawing for a million-dollar prize. That’s …
- Business News
Former Goldman banker must forfeit $35.1 million in 1MDB corruption case
by Reutersby ReutersBy Jonathan Stempel and Luc Cohen NEW YORK (Reuters) – A U.S. judge on Friday ordered former Goldman Sachs Group Inc banker Roger Ng to forfeit $35.1 million, after sentencing …
- Business News
Short sellers make $100 million betting against Deutsche Bank in two weeks-Ortex
by Reutersby ReutersLONDON (Reuters) – Short sellers have made a profit of over $100 million on paper betting against Deutsche Bank stock over the last two weeks, financial data company Ortex said …
- Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
City That Defunded Its Police Gives Officers A $25 Million Boost
City That Defunded Its Police Gives Officers A $25 Million Boost Trevor Schakohl on March 22, 2023 San Francisco Mayor London Breed secured $25 million in funding for police overtime …
- Breaking NewsLottery WinnersPennsylvania News
Million dollar lottery scratch-off ticket sold in Westmoreland County
by Jeff Jonesby Jeff JonesNORTH HUNTINGDON, PA – The Pennsylvania Lottery has announced a million-dollar jackpot winner in the state’s “Millionaire Maker” scratch-off lottery game. The ticket was sold this week at AccuServ Pharmacy …