Five Convicted In $250M Fraud Case Amid Juror Bribery Incident
Five people were convicted Friday of participating in a massive fraud scheme that embezzled more than $40 million from federal funds meant to feed children during the pandemic, the New York Post reported. The case attracted widespread attention due to an alleged attempt to bribe jurors with $120,000 in cash hidden in Hallmark gift bags […]
Feds Charge 47 Somali Immigrants with Stealing $250M in Food Aid from Children
Federal prosecutors have charged 47 Somali Muslim immigrants in Minnesota with embezzling $250 million from a coronavirus relief program meant to provide food assistance to poor children. Attorney General Merrick Garland’s office call The case is “the largest pandemic relief fraud case prosecuted to date.” “Today’s indictment describes an egregious conspiracy to steal public funds […]
Warren Buffett’s real estate firm pays $250M to settle antitrust
The real estate brokerage firm owned by Warren Buffett’s Berkshire Hathaway announced Friday that it has reached a $250 million settlement in a national antitrust lawsuit that is expected to change the way real estate agents are paid. HomeServices of America, the nation’s largest real estate brokerage, has become the last remaining defendant in a […]
Maryland property tax assessment error could cost $250M
The Maryland General Assembly is considering a legislative solution to address the problem of missed deadlines for mailing property tax assessments, a mistake that affected approximately 107,000 notices and resulted in no action being taken. The move could cost local governments about $250 million over three years, state officials said Thursday. Every year, Maryland reassesses […]
Illinois allocating $250M to pay for migrant crisis in Chicago
The state of Illinois and Cook County have announced plans to allocate up to an additional $252 million to provide housing, meals and other services for undocumented immigrants arriving in Chicago this year, but Chicago’s progressive Mayor Brandon Johnson appears to be holding back on further funding, at least for now, facing an ongoing crisis. […]
Joe Rogan’s new Spotify deal reportedly valued up to $250M
Spotify has signed another “multi-year” deal with Joe Rogan worth $250 million, but the audio giant will no longer be the sole distributor of his popular podcast, according to the Wall Street Journal. . A Spotify spokesperson told the Post the Journal’s estimates were “inaccurate” but declined to elaborate on the financial terms of the […]
Joe Rogan strikes $250M deal with Spotify, including distribution on YouTube
Popular podcaster and media personality Joe Rogan has signed a new distribution deal with audio provider Spotify for “The Joe Rogan Experience.” The contract is estimated to be worth up to $250 million. according to The Wall Street Journal deal includes a guaranteed minimum upfront payment, in addition to a revenue-sharing agreement based on advertising […]
Trump faces $250M penalty, business ban in NY upon verdict
The new year may be off to a rough start for Donald Trump. The former president faces a $250 million fine and a ban on doing business in New York when the judge overseeing the civil fraud trial hands down his decision in late January. The Manhattan Supreme Court trial has been suspended since Dec. […]