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Trump seeks to set aside hush money verdict after immunity ruling: source

Former President Trump on Monday asked the hush money judge to vacate his recent conviction following the Supreme Court’s immunity decision, according to a person familiar with the matter. The Supreme Court ruled 6-3 along the ideological line that former presidents enjoy absolute immunity with respect to core constitutional powers and a presumption of immunity […]

Citi was money launderers' favourite bank, US law enforcement officials say – Financial Times

Get your free copy of Editor’s Digest FT editor Roula Khalaf picks her favourite stories in this weekly newsletter. Senior U.S. law enforcement officials say drug traffickers chose to launder their money through Citigroup because they considered the bank’s less strict anti-fraud measures “preferable.” In an indictment unsealed last week, U.S. prosecutors detailed how two […]

No button pressing, Naidu to pay money directly!.. – Greatandhra

YSR Congress leader and former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy used to “press the button” – click the computer mouse – to transfer funds into the accounts of beneficiaries of various welfare schemes. Every time, Jagan’s government took out full-page ads in newspapers and extensive advertisements in electronic and digital media to […]

History Shows Inflation Erodes More Than the Value of Money

Estimated Reading Time: 5 minutes Across the world, people are struggling under the specter of inflation. In Venezuela, the inflation rate is 360 percent. In Argentina, it’s 160 percent. In Turkey, inflation is about 50 percent, about 10 percent higher than its neighbor Iran. In Europe, inflation of the euro has finally cooled to about 3 percent, down from more […]

JPMorgan Chase, Bank of America and Wells Fargo Accounts Used in Alleged $92,000,000 Money Laundering Scheme: Report – The Daily Hodl

A new report claims a $92 million money laundering scheme “completely” passed through three major U.S. banks. A group of suspected drug traffickers and money launderers are accused of depositing hundreds of thousands of dollars in illicit funds into accounts at JPMorgan Chase, Bank of America and Wells Fargo. Reports CNN reported, citing court documents. […]