#financial-misconduct

#financial-misconduct

The lawsuit accuses de With of improperly using more than $150,000 in Lux corporate funds to pay for personal expenses, as well as taking Lux source code and confidential material with him when he joined Apple.

Lutnick, who lived next door to Epstein in New York for more than a decade, proactively agreed to provide a transcribed interview to the House Committee on Oversight and Government Reform, panel chair James Comer said on Tuesday. Lutnick's relationship with Epstein, who died in 2019 while awaiting sex trafficking charges, has come under mounting scrutiny after he appeared to misrepresent the extent of his associations with the notorious financier.

Kalshi says his transactions were initially flagged because of his 'near-perfect trading success on markets with low odds, which were statistically anomalous.' Because trades are public on Kalshi, multiple users also flagged the trades as suspicious. Kalshi learned Kaptur was an employee of MrBeast during its investigation and determined he 'likely had access to material non-public information connected to his trading.'

The billionaire behind the retail empire that once blanketed shopping malls with names such as Victoria's Secret and Abercrombie & Fitch told members of Congress on Wednesday that he was "duped by a world-class con man" - close financial adviser Jeffrey Epstein. Les Wexner also denied knowing about the late sex offender's crimes or participating in Epstein's abuse of girls and young women.

The National Rifle Association (NRA) is suing its own charitable arm, the NRA Foundation, claiming that its leaders are trying to seize control of the gun rights organization and illegally repurposing $160m in donations to support their thirst for power. The allegations come in a lawsuit filed Monday in federal court in Washington DC laying bare the turmoil that has plagued the NRA since its disgraced long-time chief executive Wayne LaPierre was ousted in 2024 alongside other senior figures after a financial corruption scandal.

Federal law officers are investigating a youth baseball company owned by the Major League Baseball Players Association that spent at least $3.9 million while holding few sparsely attended live events for kids, sources familiar with the inquiry told ESPN. The Florida-based business, Players Way, has generated barely six figures in revenue since its founding in 2019. While the union said it has put $3.9 million into the company,

Black Rabbit 's third episode opens up on the moment Vince Friedken let his dream slip through his fingers. Another flashback, this time in the immediate aftermath of Vince daring a drunken employee to jump from the roof to a neighboring fire escape, paralyzing the man and leaving the Rabbit to pay out half a million dollars. For his part, Vince gets a $100,000 buyout to exit the Rabbit, which is just enough to lose after a run of careless dice rolls and bad hands.

It's been over a year now since Sheryl Davis resigned as executive director of the San Francisco Human Rights Commission (HRC), amid a bombshell report about her apparent use of taxpayer dollars for frivolous expenses like a $10,000 house rental on Martha's Vineyard. Davis, who was also appointed by former Mayor London Breed to lead the mayor's Dream Keeper initiative which was intended to direct more city funds to the city's historically underserved Black population now may face more scrutiny after the release of a city audit report detailing the full extent of that unethical spending.

According to the complex case, the alleged misappropriation was part of a wider pattern of fiscal wrongdoing by Maple & Ash co-owner Jerald Lasky, his brother James Lasky and by companies controlled by them.

Credit Suisse’s role in facilitating tax evasion has led to UBS facing a monumental fine of $510 million as part of an ongoing federal investigation.