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 […]