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The Justice Department has informed the City of Lexington and the Lexington Police Department that the practice of imprisoning people for unpaid fines without due process violates the Constitution

Mar 54 min read

The Justice Department has informed the City of Lexington and the Lexington Police Department that the practice of imprisoning people for unpaid fines without due process violates the Constitution

Earlier today, city and police leaders had a meeting with officials from the Justice Department to address their unlawful practices. This is

The Securities and Exchange Commission (SEC) alleges Lordstown Motors misled investors about flagship electric vehicle

Stephen Wick

Mar 54 min read

Investigations

The Securities and Exchange Commission (SEC) alleges Lordstown Motors misled investors about flagship electric vehicle

Lordstown was found to have breached various antifraud, proxy, and reporting regulations under federal securities laws. Without acknowledgin

FTC Moves to Ban Creators of Automators AI, formerly known as Empire Ecommerce, and Onyx Distribution For E-Commerce Money-Making Scheme

Stephen Wick

Mar 44 min read

Social Media

FTC Moves to Ban Creators of Automators AI, formerly known as Empire Ecommerce, and Onyx Distribution For E-Commerce Money-Making Scheme

In a lawsuit filed in August 2023, the FTC alleged that Roman Cresto, John Cresto, and Andrew Chapman, in conjunction with various entities

Foreign Corruption: Nepmar Jesus Escalona Enriquez, Former Venezuelan Military Official Pleads Guilty to Money Laundering and Bribery Scheme

Stephen Wick

Mar 44 min read

Criminal Justice

Foreign Corruption: Nepmar Jesus Escalona Enriquez, Former Venezuelan Military Official Pleads Guilty to Money Laundering and Bribery Scheme

He pleaded guilty to one count of conspiracy to commit money laundering. Escalona is set to be sentenced on May 23 and could face a maximum

Paul A. Pereira, the Former CEO and Co-Founder of Alfi, Inc, has been Charged by the SEC with Fraud for Allegedly Making False Statements on Social Media

Stephen Wick

Mar 24 min read

Investigations

Paul A. Pereira, the Former CEO and Co-Founder of Alfi, Inc, has been Charged by the SEC with Fraud for Allegedly Making False Statements on Social Media

Alfi's stock price was at its lowest in nearly two months, Pereira allegedly made false and misleading statements on social media and in a

The Federal Trade Commission (FTC) Challenges Kroger’s Acquisition of Albertsons: Three Reasons Why-Flawed Divestiture Harm, Harm to Consumers, Worker Vulnerability

Stephen Wick

Feb 286 min read

Investigations

The Federal Trade Commission (FTC) Challenges Kroger’s Acquisition of Albertsons: Three Reasons Why-Flawed Divestiture Harm, Harm to Consumers, Worker Vulnerability

This merger would undoubtedly make them a force to be reckoned with in the retail industry. Additionally, the merger would result in a signi

Two Professors delve into the Ethical concerns surrounding Neuralink, as numerous companies explore the realm of Brain Implants

Stephen Wick

Feb 272 min read

Tech

Two Professors delve into the Ethical concerns surrounding Neuralink, as numerous companies explore the realm of Brain Implants

The Hastings Center scholars caution against Musk's science communication, stating that relying solely on press releases is not proper scien

State Tax Authorities Drive Individuals in Financial Distress Further into Difficulty

Stephen Wick

Feb 263 min read

News

State Tax Authorities Drive Individuals in Financial Distress Further into Difficulty

States nationwide are implementing harsh measures that hinder individuals from settling their tax obligations, such as revoking licenses and

FTC's Ruling Mandates Avast to cease Selling Browsing Data for Advertising Purposes & Imposes a $16.5 M Penalty for Selling Data despite claiming their Products would prevent Online Tracking

Stephen Wick

Feb 266 min read

Social Media

FTC's Ruling Mandates Avast to cease Selling Browsing Data for Advertising Purposes & Imposes a $16.5 M Penalty for Selling Data despite claiming their Products would prevent Online Tracking

Starting in 2014, the FTC alleges that Avast has been gathering information about users' online activities through browser extensions and an

Ex-CEO to Alder Fuel, Bryan Sherbacow, from Charleston, South Carolina, Pleaded Guilty To Wire Fraud in a Plot to Steal Over $5.9 Million from the Corporation & Defraud Investors Out of $15 million.

Stephen Wick

Feb 203 min read

Criminal Justice

Ex-CEO to Alder Fuel, Bryan Sherbacow, from Charleston, South Carolina, Pleaded Guilty To Wire Fraud in a Plot to Steal Over $5.9 Million from the Corporation & Defraud Investors Out of $15 million.

Sherbacow pleaded guilty to one count of wire fraud and is set to be sentenced on May 16, facing a maximum penalty of 20 years in prison. Th

Justice Takes A Stand; Six Man Crew & their Boss-Amir Aqeel are Convicted for Conspiracy to Fraudulently Obtain in $20M COVID-19 Relief Fraud Scheme

Stephen Wick

Feb 176 min read

Criminal Justice

Justice Takes A Stand; Six Man Crew & their Boss-Amir Aqeel are Convicted for Conspiracy to Fraudulently Obtain in $20M COVID-19 Relief Fraud Scheme

According to court documents, these individuals conspired with others to fraudulently obtain PPP loans by providing false information about

The CFPB Report Reveals that Major Banks Impose Higher Interest Rates on Credit Cards Compared to Smaller Banks & Credit Unions

Stephen Wick

Feb 164 min read

Investigations

The CFPB Report Reveals that Major Banks Impose Higher Interest Rates on Credit Cards Compared to Smaller Banks & Credit Unions

The CFPB's survey is a crucial tool for consumers to make informed decisions when choosing credit cards. By analyzing the terms and conditio

SEC Orders More Than Sixteen Firms, Including Registered Broker-Dealers and Investment Advisers, to Pay Over $81 Million Combined in Settlement for Extensive Recordkeeping Failures

Stephen Wick

Feb 145 min read

Investigations

SEC Orders More Than Sixteen Firms, Including Registered Broker-Dealers and Investment Advisers, to Pay Over $81 Million Combined in Settlement for Extensive Recordkeeping Failures

The SEC's investigations have uncovered a widespread and long-standing practice of using unapproved communication methods, known as off-chan

Man from Upper Saddle River, has been Convicted for Engaging in Fraudulent Schemes Involving Mass-Mailing, Resulting in Multimillion-dollar Losses

Stephen Wick

Feb 85 min read

Criminal Justice

Man from Upper Saddle River, has been Convicted for Engaging in Fraudulent Schemes Involving Mass-Mailing, Resulting in Multimillion-dollar Losses

While awaiting sentencing for the initial mail fraud scheme, Young embarked on a second scheme between March 2019 and May 2022. In this subs

U.S. Securities and Exchange Commission Files Charges Today, Declaring the "Bitcoin Academy Online Crypto Course" As Fraudulent

Stephen Wick

Feb 24 min read

Investigations

U.S. Securities and Exchange Commission Files Charges Today, Declaring the "Bitcoin Academy Online Crypto Course" As Fraudulent

SEC's complaint, Sewell urged hundreds of his online students to invest in the Rockwell Fund, a hedge fund that he promised to launch. He cl

$7.4 Million Civil Penalties to Resolve U.S. Claims for Pipeline Spill on Allotted Tribal Land

Stephen Wick

Feb 26 min read

Environment & Climate

$7.4 Million Civil Penalties to Resolve U.S. Claims for Pipeline Spill on Allotted Tribal Land

Assistant Attorney General Todd Kim of the Justice Department’s Environment and Natural Resources Division emphasized the responsibility of

Sam Lee, 35,of Dubai, Rodney Burton, 54, of Miami, & Brenda Chunga, 43, of Severna Park, Maryland; Three Individuals Charged for Roles in $1.89B Cryptocurrency Fraud Scheme

Stephen Wick

Jan 315 min read

Criminal Justice

Sam Lee, 35,of Dubai, Rodney Burton, 54, of Miami, & Brenda Chunga, 43, of Severna Park, Maryland; Three Individuals Charged for Roles in $1.89B Cryptocurrency Fraud Scheme

The promotional materials used by HyperFund allegedly contained false claims, misleading investors into believing that they would receive da