Theranos founder Elizabeth Holmes is denied a bid for a new trial

Theranos founder Elizabeth Holmes is denied a bid for a new trial

A federal judge rejected Elizabeth Holmes’ bid for a new trial, the latest setback for the Theranos Inc. founder, who was convicted of fraud in January. U.S. District Judge Edward Davila, who supervised Ms. Holmes’ trial, which began last year, said in a ruling late Monday that the arguments in her three motions for a … Read more

Former MoviePass executives charged in securities fraud case

Former MoviePass executives charged in securities fraud case

MoviePass, a Netflix-like subscription service for movie theaters, made a splash in 2017 when it debuted. Photo: Andrew Harrer/Bloomberg News Updated November 5, 2022 at 7:30 PM ET Former executives at MoviePass and its predecessor The parent company was indicted in a securities fraud case, accused of defrauding investors, the Justice Department said Friday. Former … Read more

Trump misses the real Pennsylvania voting issue

Trump misses the real Pennsylvania voting issue

President Trump is again missing the point about election integrity. “Then it’s off again! Right choice!” he wrote on Tuesday. Mr. Trump was referring to a claim on the Internet that Pennsylvania has 250,000 mail-in ballots that lack verification of the voter’s identity. Not really, officials say. Pennsylvania has a ballot question, but it’s not … Read more

SEC Auditor Warns of Increased Fraud Risk Amid Recession Fears, Market Selloff

SEC Auditor Warns of Increased Fraud Risk Amid Recession Fears, Market Selloff

Wall Street’s top watchdog warns that a market selloff and fears of a recession could prompt more companies to cook their books, putting pressure on accountants to catch them. “The current economic environment is subject to significant uncertainties and, historically, often leads to increased risk of fraud,” Paul Munter, acting chief accounting officer at the … Read more

Glencore faces further bribery penalties in UK

Glencore faces further bribery penalties in UK

LONDON – British prosecutors are demanding over $200 million in fines from Glencore GLNCY -3.60% PLC to resolve an investigation into bribery in Africa, and they said they now want to prosecute a number of the commodities giant’s former executives. Britain’s Serious Fraud Office asked a court on Wednesday to impose the sanctions, which it … Read more

The SEC obtained a record $6.4 billion in monetary penalties in the most recent fiscal year

The SEC obtained a record $6.4 billion in monetary penalties in the most recent fiscal year

WASHINGTON—The Securities and Exchange Commission achieved record monetary penalties in the past fiscal year as Chairman Gary Gensler focuses the agency’s enforcement strategy on high-profile cases and steep penalties for misconduct. Mr. Gensler said Wednesday that the agency took in $6.4 billion in the 12 months that ended Sept. 30, his first full fiscal year … Read more

The SEC obtained a record $6.4 billion in monetary penalties in the most recent fiscal year

The SEC obtained a record $6.4 billion in monetary penalties in the most recent fiscal year

WASHINGTON—The Securities and Exchange Commission achieved record monetary penalties in the past fiscal year as Chairman Gary Gensler focuses the agency’s enforcement strategy on high-profile cases and steep penalties for alleged wrongdoing. Mr. Gensler said Wednesday that the agency took in $6.4 billion in the 12 months that ended Sept. 30, his first full fiscal … Read more

Donald Trump’s longtime chief financial officer is about to tell a jury exactly how the Trump Organization. Committed fraud

Donald Trump’s longtime chief financial officer is about to tell a jury exactly how the Trump Organization.  Committed fraud

Since July 2021, when the Manhattan District Attorney’s Office hit it with a slew of criminal charges — including conspiracy and multiple counts of tax fraud and falsifying records — the Trump Organization has insisted it is a completely innocent victim of a political witch hunt. The problem with that claim? Its longtime chief financial … Read more

London woman jailed for life years after her friend was found beheaded

London woman jailed for life years after her friend was found beheaded

A British woman has been jailed for life for beheading her former friend and disposing of her body last year, the BBC reported on Friday. The sentence came a day after authorities announced that Jemma Mitchell, 38, had been convicted of murder. On Friday, Judge Richard Marks sentenced KC Mitchell to life in prison with … Read more

The ‘Ranked Choice’ Scam

The ‘Ranked Choice’ Scam

Alaskans know the truth about this confusing, forced voting system.