California Forced To Repay Millions After Giving Taxpayer-Funded Healthcare To ‘Noncitizens’
California owes the federal government tens of millions of dollars for incorrectly claiming medical care reimbursements for noncitizens, a federal audit found. The Golden State must repay nearly $53 million to the federal government after it “improperly” claimed reimbursements from the Medicaid program for illegal immigrants and other noncitizens, according to a recent report by […]
‘Historic Settlement’: Bankrupt Crypto Lender Genesis To Repay $2 Billion To Alleged Defrauded US Investors
Bankrupt lender Genesis has agreed to repay $2 billion to investors it allegedly defrauded across the United States, New York prosecutors announced Monday. New York Attorney General Letitia James said the agreement will create a victims’ fund that will benefit hundreds of thousands of investors and creditors, including at least 29,000 New Yorkers. The settlement, […]
FTX says it can repay most customers all funds
FOX Business’ Kelly O’Grady reports on the trial of former FTX CEO Sam Bankman Freed after he was found guilty on seven counts of criminal fraud. Bankrupt cryptocurrency exchange FTX said most customers will be fully repaid for the assets lost during its bankruptcy nearly two years ago, and some will receive more. The company […]
German tennis legend Boris Becker discharged from UK bankruptcy court after failing to repay $62.5M
German tennis legend Boris Becker was released from a London bankruptcy court on Wednesday after a judge found he had done “everything reasonably possible” to repay tens of millions of dollars to creditors. . Although Mr Becker fell far short of repaying the approximately $62.5 million owed to creditors, Insolvency and Enterprise Court Chief Justice […]
A majority of student loan borrowers are worried about their ability to repay their loans
Approximately 94% of borrowers are concerned about whether they will be able to repay their student loans. (iStock) Student loan debt has been a topic of debate among Americans for years, as debt continues to rise. According to , the nation’s total student loan debt currently stands at $1.6 trillion. Federal Reserve Bank of New […]
What to know about the SAVE plan, the income-driven plan to repay student loans
NEW YORK (AP) — More than 75 million student loan borrowers have enrolled in the U.S. government’s latest repayment plan since it launched in August. President Joe Biden recently announced that he would cancel federal student loans for about 153,000 borrowers enrolled in the plan, known as the SAVE plan. Forgiveness was given to borrowers […]
Former CEO Wayne LaPierre Ordered to Repay over $4 Million to NRA
On Friday, a Manhattan jury found former NRA CEO Wayne LaPierre responsible for corruption, and he was ordered to repay more than $4 million to gun rights groups. fox news report The jury found that Mr. Lapierre “wasted millions of dollars of the group’s funds on personal purchases of luxury goods over a period of […]
Hunter Biden’s ‘sugar brother’ says he’s ‘confident’ Hunter will repay loans
Hunter Biden's lawyer is hitting back at House Oversight Committee Chairman James Comer (R-Ky.), accusing the top Republican of misleading him about Thursday's private testimony. Following the deposition of Hunter's lawyer, Kevin Morris, which is part of a sweeping House Republican investigation into President Biden's family and past overseas dealings, Comer said the lawyer's financial […]