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Sam Bankman-Fried Sentenced to 25 Years in Jail for Fraud

Sam Bankman Fried, the disgraced FTX CEO and major Democratic donor, was sentenced Thursday to 25 years in prison for fraud, after facing up to 100 years in prison. His sentence pales in comparison to that of fraudster Bernie Madoff, who was sentenced to 150 years in prison for financial crimes. Judge Lewis Kaplan, who […]

Sam Bankman-Fried sentenced to 25 years in prison for fraud

FTX founder Sam Bankman Freed sentenced to prison 25 years imprisonment Thursday, a spokesperson for the court told The Hill. The disgraced crypto tycoon was convicted last fall in the Southern District of New York on federal fraud and conspiracy charges related to his role in the November 2022 collapse of his cryptocurrency exchange, FTX. […]

Donald Trump’s bond in civil fraud case lowered: Letters

Issue: New York Court of Appeals reduces bail in Donald Trump’s civil fraud case. One might wonder what formula Judge Arthur Engoron used to determine that Trump’s “ill-gotten gains” amounted to $454 million in the first place. Grace” March 26). Kudos to the New York appellate court for disallowing such oppression. The city’s commercial companies […]

Hunter Biden attorneys seek to dismiss tax fraud charges in Los Angeles

Lawyers for eldest son Hunter Biden face federal indictment in Los Angeles on charges he evaded $1.4 million in taxes by spending profits from foreign transactions on a “lavish lifestyle” between 2016 and 2019. is seeking dismissal. Biden’s leading defense attorney, Abby Lowell, argued that the proceedings were politically tainted and that some of the […]

REPORT: Patrons Sue Arizona Strip Clubs For Alleged Drugging And Credit Card Fraud

Patrons filed a lawsuit in January against an Arizona strip club for allegedly drugging them and using their credit cards, FOX 10 reported. Nearly 20 people have come forward after three strip clubs in Arizona charged exorbitant amounts to their credit cards without their consent. Dream Palace in Tempe and Skin Cabaret and Bones Cabaret […]

DOJ Sought Info on James Biden in Connection to Medicare Fraud Case

The Justice Department reportedly sought information about James Biden’s activities in 2023 in connection with a Medicare fraud case involving the lucrative Amecore deal. It is unclear whether President Joe Biden’s brother James Biden is a target of the investigation. politiko report Monday. Americore is accused of participating in a scheme to defraud Medicare. A […]