Former IIG Managing Partner David Hu gets 12 years jail time for defrauding $120 million from investors
David Hu, the former managing partner of International Investment Group (IIG) was sentenced to 12 years in prison for his role in defrauding investors of more than $120 million in…
By – Marivic Cabural SummersLatest news
Chinese cash donated to UPenn may be tied to Hunter Biden
There have been calls to investigate large anonymous donations of Chinese cash which may be linking President Joe…
By Jackie AllenEconomists Predict 2023 Recession Amid Mass Inflation
The economy hasn’t been on the right track for quite some time. Since May 2021, inflation has been…
By Gabrielle SeunagalFormer Goldman Sachs managing director Roger Ng convicted in 1MDB bribery scheme
A federal jury convicted Roger Ng, a former managing director at the Goldman Sachs Group Inc. (Goldman Sachs)…
By Marivic Cabural SummersFintech Investment Group, Compcoin to pay $1.8 million over fraudulent forex and digital asset scheme
Fintech Investment Group, Compcoin LLC, and its owner Alan Friedland were ordered to pay a total of $1.8…
By Marivic Cabural SummersUkraine Stop Bloody Energy campaign gaining traction
Ukraine energy companies set up a website to kick off the Stop Bloody Energy campaign. Ukraine is claiming and…
By Jackie AllenU.S. accuses Russian oligarch Viktor Vekselberg of bank fraud, money laundering as Spain seizes his $90 million yacht
The United States government accused Russian oligarch Viktor Vekselberg of conspiring to commit bank fraud, money laundering, and…
By Marivic Cabural SummersOpinion: Elon Musk Twitter deal
Shares of Twitter soared by more than 25% in pre-market trading on news that Elon Musk took a…
By Jackie AllenFormer GOP Rep. Duncan Hunter to pay penalty for misusing campaign funds
Former Republican Congressman Duncan Hunter reached a settlement agreement with the Federal Elections Commission (FEC). He agreed to…
By Marivic Cabural SummersTesla stock “on fire” with 2022 first quarter report
Tesla stock is way up TSLA (NASDAQ) 1084.59 ▲ +6.99 (0.65%) with the news Tesla increased sales by delivering an…
By Jackie AllenAuto dealer Napleton to pay $10 million to settle lawsuit over its illegal junk fees added to customers’ bills
North American Automotive Services, Inc., also doing business as Ed Napleton Automotive Group agreed to pay $10 million…
By Marivic Cabural Summers