Sam Bankman-Fried loses bid to overturn crypto fraud conviction
Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he founded. In a unanimous decision, […]
Factual disputes block summary judgment on contractual duties
Genuine disputes over performance, termination and alleged misconduct required trial on competing contract claims between a former executive and his former companies, the North Carolina Business Court held. […]
Fourth Circuit rejects aiding-and-abetting finding on third loan
The 4th U.S. Circuit Court of Appeals held that a federal trial court committed material factual and legal errors when it found the defendant liable for aiding and abetting fraud […]
Fraud scheme targeting immigrants leads to $811 million judgment
The 4th U.S. Circuit Court of Appeals upheld a massive judgment exceeding $811 million and a permanent injunction against several corporate and individual defendants accused of orchestrating a nationwide fraud […]
New York sues Zelle operator over fraud failures
New York Attorney General Letitia James sues Zelle’s parent company, alleging security failures that enabled fraud, after the CFPB dropped a similar case.
$1 million verdict; Cancer surgeon wins employment fraud suit
Action: Fraud Injuries alleged: Loss of income Case name: Steffany Shearer v. Scott Mahosky, Anne Arundel Dermatology, P.A., Anne Arundel Dermatology Management, LLC, and Southern Dermatology, P.A. Court/case no.: Wake […]
Fast-evolving cryptocurrencies challenge lawyers
New leadership in the White House has meant a lot of noisy changes, but some of the quieter and more far-reaching ones might be occurring in the area of digital […]
Insurance magnate pleads guilty in $2B scheme
CHARLOTTE — An insurance magnate who was once a major political donor in North Carolina is in federal custody after pleading guilty in connection to what prosecutors call a $2 […]
Legal community aids recovery from Helene’s devastation
The state’s bar, court system and legal community are continuing their efforts to restore services and help residents of Hurricane Helene-ravaged Western North Carolina. One key step has been taken […]
Civil RICO: A tool of advocacy
Since 1985, RICO has become the weapon of choice for civil plaintiffs because of the broad and liberal construction of the statute and the potential of the litigation equivalent of terror or a thermonuclear device — the availability of treble damages.
Controversial DC councilman faces bribery charge
WASHINGTON — A District of Columbia councilman known for promoting antisemitic conspiracy theories accepted over $150,000 in bribes in exchange for pressuring district employees to extend city contracts for violence intervention services, authorities alleged in court records unsealed Monday.
Santos expected to plead guilty to multiple counts
Former U.S. Rep. George Santos is expected to plead guilty to multiple counts in his federal fraud case, according to a person familiar with the matter. Santos, a Republican from […]
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