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Investigates July 22, 2020

UBS to pay $10 million to settle SEC allegations of bond flipping

UBS Financial Services Inc. agreed to pay more than $10 million to settle charges filed by the Securities and Exchange Commission (SEC) in connection with its municipal bond offering flipping…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Latest news
Investigates July 20, 2020
SEC sues IIG co-founder David Hu for role in $60 million Ponzi-like scheme

David Hu, the co-founder and chief investment officer of International Investment Group LLC (IIG) is facing fraud charges…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Investigates July 16, 2020
Russian hackers mount cyber attacks on COVID-19 vaccine

The United States, Canada and Britain have determined that the government of Russia has launched a cyber war…

By Lillian Abbatacola Lillian serves as a DC based freelance writer and a full-time political analyst. She hails from Chicago and is a fine art fanatic.
Investigates July 16, 2020
SEC sues Thunderbird Power for allegedly defrauding investors

The Securities and Exchange Commission (SEC) filed a lawsuit against Thunderbird Power and three individuals associated with the…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Investigates July 15, 2020
FTC sends $16 million in refunds to victims of Helping America Group

Consumers who were victims of a debt relief scam will receive refunds, according to the Federal Trade Commission…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Investigates July 11, 2020
Court rules New York AG can resume investigation into entities behind Tether

An Appellate Division of the New Your Supreme Court ruled that the State’s Attorney General Letitia James can…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Investigates July 10, 2020
FTC sues online marketer falsely promising next-day shipping of PPE

The Federal Trade Commission (FTC) filed a lawsuit against an online marketer for allegedly falsely promising consumers next-day…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Investigates July 8, 2020
Deutsche Bank to pay $150 million in penalties over dealings with Jeffrey Epstein

The New York State Department of Financial Services (DFS) imposed $150 million in penalties on Deutsche Bank due…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Investigates July 7, 2020
FTC approves settlement with digital game maker Miniclip

The Federal Trade Commission (FTC) approved a final settlement with Miniclip, a digital game developer that made false…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Investigates July 4, 2020
Court reaches decision in suit against Altenberg, VERT Solar

*Alert: Joaquin Alternberg must pay $1.72 million in legal fees for egregious fraud and misrepresentation Early this year,…

By Rheanna Chou Rheanna is a journalist and editor based in the Pacific Northwest. She believes in writing about the facts and letting the reader form their own opinions.
Investigates July 4, 2020
Alexion Pharmaceuticals to pay $21.4 million to settle FCPA violations

Alexion Pharmaceuticals agreed to pay $21.4 million to settle a complaint by the Securities and Exchange Commission (SEC)…

By Marivic Cabural Summers Marivic has been a freelance writer/journalist for nearly 20 years. She strictly adheres to the ethical standards in journalism. For her, integrity is everything. Readers deserve to know that real story. She previously worked as research analyst and editor at Lombardi Financial and has written for various websites including The Motley Fool, ValueWalk, IcannWiki and was a news writer/radio program producer at Nation Broadcasting Corporation. Marivic holds a BA in Mass Communications.
Popular News
Investigates July 5, 2026
California Chaos: Fourth of July Celebrations Marred by Crowd Violence, Looting, Fireworks Injuries and Multiple Fires California Chaos unfolded across parts of Southern California during the Fourth of July holiday as celebrations in several communities were overshadowed by violent confrontations with police, reported looting, dangerous fireworks incidents and multiple structure fires. While hundreds of thousands of people attended parades, concerts and fireworks displays without incident, authorities were forced to respond to several serious public safety emergencies throughout the weekend. In Newport Beach, officers in riot gear confronted large crowds after disturbances escalated into assaults on law enforcement, fights among attendees and reports of looting. Elsewhere, firefighters battled multiple blazes believed to have been sparked by fireworks, while several people were injured in a fireworks explosion in Chino. Police Confront Large Crowd in Newport Beach One of the most serious incidents occurred in Newport Beach, where police officers were confronted by a crowd estimated to number in the hundreds. Authorities said people in the crowd threw bottles and other objects at officers as law enforcement attempted to restore order. Video from the scene showed police forming defensive lines while wearing helmets and protective equipment as projectiles were reportedly thrown in their direction. As tensions increased, portions of the crowd reportedly began fighting among themselves, creating additional hazards for officers attempting to make arrests and disperse the gathering. Mounted police officers on horseback were eventually deployed to move people out of the area, creating space for additional officers to enter safely and detain individuals suspected of participating in the unrest. Mounted units are commonly used during large public gatherings because horses provide officers with greater visibility and can help move crowds while minimizing the need for more forceful crowd-control tactics. Looting Reported During the Unrest Video circulating online appeared to show the aftermath of reported looting at a Pavilions grocery store in Newport Beach. Merchandise was scattered throughout the parking lot, while groups of people remained outside the business after the incident. Some individuals were seen standing nearby, laughing and recording the aftermath on their phones. Authorities have not publicly announced how many people may have participated in the reported looting or whether arrests related to the incident have been made. Officials also indicated that many individuals involved in the disturbances did not appear to be local residents, though investigators continue reviewing evidence and surveillance footage. Fireworks Lead to Injuries and Fires Elsewhere across Southern California, emergency crews responded to multiple incidents involving illegal or improperly handled fireworks. In Chino, several people were injured after fireworks reportedly exploded close to the ground rather than launching safely into the air. Emergency responders treated multiple victims at the scene before transporting some to local hospitals. Around Los Angeles, firefighters spent much of Saturday night battling separate fires that broke out in different neighborhoods. More than 60 firefighters responded to a commercial building fire in the Harbor Gateway area after flames erupted shortly before 10 p.m. A second blaze ignited in Mission Hills, where several cypress trees caught fire before flames spread to two nearby vehicles. Firefighters successfully prevented the fire from reaching surrounding homes, and no injuries were reported. Officials continue investigating both fires and have not ruled out fireworks as a possible cause. Huntington Beach Celebration Draws Massive Crowds Despite the isolated incidents elsewhere, Huntington Beach hosted one of California’s largest Independence Day celebrations. Hundreds of thousands of spectators filled the city’s streets and beaches for the annual festivities, which included the 122nd Annual Fourth of July Parade, widely recognized as the largest Independence Day parade west of the Mississippi River. American flags lined the parade route as marching bands, military veterans, horseback riders, community organizations and classic automobiles made their way along Pacific Coast Highway. Families gathered in lawn chairs throughout the day before the celebration concluded with a large fireworks display launched from the Huntington Beach Pier. Although the event generates significant tourism revenue for local businesses, city officials have noted that the operational costs of providing security, sanitation and emergency services often exceed direct municipal revenue generated by the celebration. Residents praised the annual tradition despite the challenges. “It’s amazing. Huntington Beach, Fourth of July, there’s nothing like it,” attendee Katie Jarrett told The California Post. Another visitor, Carolyn Jesse, described the celebration as a meaningful expression of patriotism and community pride. Investigation Continues Law enforcement agencies continue reviewing video footage, interviewing witnesses and assessing evidence related to the Newport Beach disturbances. Officials have urged anyone with information regarding assaults on officers, acts of vandalism or reported looting to contact investigators. Authorities also reminded residents that illegal fireworks remain prohibited in many California communities because of the significant wildfire and public safety risks they present. Relevant Links Newport Beach Police Department: https://www.newportbeachca.gov/government/departments/police Los Angeles Fire Department: https://www.lafd.org/ Huntington Beach Official Website: https://www.huntingtonbeachca.gov/ California Department of Forestry and Fire Protection (CAL FIRE): https://www.fire.ca.gov/ California Office of Emergency Services: https://www.caloes.ca.gov/ Keywords: California Chaos, Newport Beach, Fourth of July, riot police, mounted police, crowd violence, looting, Pavilions grocery store, Huntington Beach, Chino fireworks explosion, Los Angeles fires, Harbor Gateway fire, Mission Hills fire, CAL FIRE, Independence Day celebration, California news.

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