Treasury Dept recoups $31 million in payments to dead people
The Treasury Department announced this week that it has recovered more than $31 million in fraudulent and improper payments to deceased persons in just five months after accessing the Social Security Administration's (SSA) federal death database. The Treasury Department makes billions of dollars in payments each year, including benefits, federally funded state payments, and other […]
Jury Finds CNN Guilty of Defamation, Awards $5 Million Plus Punitive Damages
A Florida jury convicted far-left CNN of defaming Navy veteran Zachary Young in November 2021. CNN = Convicted News Network. The jury found that Mr. Young owed Fake News Network $5 million in damages for lost profits and personal damages. Punitive damages are yet to come. The jury will decide on the amount at the […]
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors – CNBC
Barry Silbert, founder and CEO of Digital Currency Group Inc., speaks at the Skybridge Alternatives (SALT) conference on Thursday, May 9, 2019 in Las Vegas, Nevada, USA. Bloomberg | Bloomberg | Getty Images Digital Currency Group, the cryptocurrency company founded by Barry Silbert, and former executives from its defunct division are paying $38.5 million to […]
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds – CNBC
The Vanguard Group logo appears on communications from Zelinople, Pennsylvania. Keith Slakočić | AP Wealth management giant Vanguard has been fined more than $100 million. Pay the fee The Securities and Exchange Commission made an announcement Friday regarding disclosures regarding target date investment funds. The violations stem from a 2020 change in which Vanguard lowered […]
GoFundMe campaigns raise more than $100 million for LA fire victims
More than $100 million has been donated to victims of the Los Angeles wildfires through a GoFundMe campaign, a popular crowdfunding platform that verifies all accounts to protect against fraud. A company spokesperson said the large outflow of funds will directly support families, communities and businesses affected by the fires, and support local relief efforts […]
Director Justin Baldoni Sues Hollywood Power Couple Blake Lively and Ryan Reynolds for $400 Million
Hollywood power couple Blake Lively and Ryan Reynolds are the target of a $400 million defamation lawsuit from Justin Baldoni, Lively's co-star in the dark romance film “It Ends with Us.” There is. It's the latest painful development in the legal battle involving the film. The lawsuit filed by Baldoni, who is also the film's […]
Fever reveal plans for $78 million training center after Caitlin Clark’s historic season
of caitlin clarke This has paid off in a big way for the Indiana Fever and women's basketball. Pacers Sports & Entertainment announced a $78 million plan to build a “world-class” performance center dedicated to the Pacers in downtown Indianapolis. WNBA team, It is scheduled to open before the start of the 2027 season. Indiana […]
American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim – CNBC
Silas Stein | Picture Alliance | Getty Images american express The company announced Thursday that it will pay approximately $230 million to resolve a federal criminal wire fraud investigation and resolve deceptive marketing allegations. The sum includes a tax as part of a non-prosecution agreement with federal prosecutors in Brooklyn, New York, related to allegations […]
Tiger Woods helps bump TGL ratings with 1 million viewers, but next week is real TV test
Despite Los Angeles Golf Club dominating the team, Tiger Woods' TGL debut significantly increased ESPN's ratings compared to the previous week. The world leader in sports has averaged 1 million viewers on Tuesday nights since Jan. 7, when 919,000 viewers tuned in to watch the showdown between New York Golf Club and The Bay. Increased […]
US recovers $31 million in Social Security payments to dead people
The U.S. government has recovered more than $31 million in Social Security benefits improperly paid to people who died, but one official said Wednesday that the recovery was “just the tip of the iceberg.” The funding comes after Congress granted the Treasury Department temporary access for three years to the Social Security Administration's “Full Death […]