California Man Receives Sentence for $37M Cryptocurrency Fraud During Ongoing DOJ Enforcement
Simply put Shengsheng He received a 51-month prison sentence for his role in laundering nearly $37 million stolen in a cryptocurrency investment scheme. The money was funneled through a shell company located in the Bahamas, turned into cryptocurrency, and transferred to the wallets of fraudsters. This incident is part of a larger crackdown by the […]
Burger King franchisee files for bankruptcy after owing $37M to creditors
According to court documents, the owners of 57 Burger King Restaurants filed for bankruptcy and accused them of forcing high labor costs and inflation. Consolidated Burger Holdings, one of Hamburger King’s biggest franchisees, owes nearly $37 million to its creditors and filed for Chapter 11 bankruptcy protection on Monday. They are trying to sell assets […]
Mets showed interest in Joc Pederson before $37M Rangers deal
The Mets are looking at various ways to improve their batting lineup and were interested in Joc Pederson even before he signed a contract with the Texas Rangers. The Post's Jon Heyman reports. Monday. Pederson, 32, has signed a two-year, $37 million contract with the Diamondbacks after a resurgent season as a designated hitter, according […]
EXCLUSIVE: House Republicans Demand Investigation Into DOE’s $37M Fine To Largest US Christian University
A group of House Republicans, led by Arizona Rep. Andy Biggs, sent a letter Monday to the Department of Education demanding an investigation into their $37.7 million fine recently imposed against Grand Canyon University (GCU), the largest private Christian school in the U.S. The Daily Caller first obtained a copy of the letter, which was […]
Morgan Stanley paid James Gorman $37M in last year as CEO
Morgan Stanley's board of directors has given James Gorman a 17% raise in 2023, bringing his total compensation to $37 million in his final year as the bank's chief executive officer. In addition to his base salary of $1.5 million, Gorman received a cash bonus of just under $9 million, according to a regulatory filing […]