Ex-Cop Sexually Assaulted Multiple Women While On Duty, Feds Allege
A former police officer from California is facing additional charges for allegedly sexually assaulting several women while on duty, the U.S. Department of Justice (DOJ) announced Thursday. The DOJ charged 40-year-old J. DeShawn Torrence with “deprivation of constitutional rights under color of law for sexually assaulting four women with whom he interacted during the course […]
Fired Virginia bus driver scammed system for more than 100 fake driver’s licenses: feds
Federal prosecutors say a fired 30-year-old bus driver from Virginia then cheated the system by selling more than 100 fake driver’s licenses. Ashya Janai Hurley admitted to running a fake driver’s license scam for more than a year, charging illegal customers $300 for each standard license and $450 for each commercial driver’s license. She faces […]
Feds grill ex-workers from NYC wine shop Sherry-Lehmann
The federal government is on the brink of wrapping up a years-long investigation into the iconic wine shop Shelley Lehmann and may bring charges against its former owners for cheating customers out of vintage wines, according to information obtained by The Washington Post. Investigators from the FBI and the U.S. Postal Inspection Service have been […]
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 […]
Fed’s Wait-and-See on Rate Cuts Further Supported by Extra-Hot “Core Services” PCE Inflation & Hot “Core” PCE Inflation
Housing inflation refuses to cool for the eighth month, and five of the remaining seven core services accelerated further. This is not good. The core PCE price index, which excludes the volatile components of food and energy and is the inflation index the Fed is focused on, jumped by 3.9% annualized in March from February, […]
US ‘soldier of fortune’ charged in multistate crime spree after extradition from Ukraine: feds
A former Army soldier turned mercenary has been charged with murder and fraud in a crime spree spanning three states after being extradited from Ukraine by the FBI, federal prosecutors announced Monday. Craig Austin Lang, 34, a former mercenary who fought in Venezuela, Africa and Ukraine, made his first appearance in federal court on charges […]
Alex Jones sobs, screams as claims feds shutting Infowars
Conspiracy theorist Alex Jones let out a bizarre battle cry and sobbed uncontrollably as he claimed the federal government was trying to shut down his Infowars platform. The 50-year-old host continued his rant for 10 seconds after claiming without evidence that his site was under attack by federal authorities who were planning to raid his […]
Is the Fed’s Monetary Policy Still Too Loose?
R-Star Wars breaks out in public The minutes of the Federal Open Market Committee (FOMC) meeting released on May 22nd noted that “various officials” expressed concerns that interest rates might not be as tight as thought, but this was a bit of a mystery at the time. Recent comments from key figures, including the Dallas […]
Buzz: Household debt to Feds $815,788; Trump-Levin share well-done steaks
Former President Donald Trump has been widely mocked for eating steak well done and with ketchup. But he has an ally in radio talk show biggie Mark Levin. “We like our steaks well done,” Levin told Trump on his show this week. Trump laughed his food critics off. “We eat food that some people say […]
Feds Crack Down On Massive Botnet, Arrest Administrator
Federal investigators have cracked down on one of the world’s largest botnets, CBS News reported Wednesday. The botnet, known as the 911 S5 Botnet, was implicated in generating tens of thousands of fraudulent transactions and costing victims billions of dollars, according to CBS News. The botnet’s administrator, Chinese national YunHe Wang, was arrested and faces […]