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By Andréa BAMBINO NEW YORK, Oct 2, 2023 (AFP) – Former US president Donald Trump will appear in a New York court on Monday as a civil fraud trial against him and two of his sons kicks off, with the case threatening the Republican’s business empire as he campaigns to retake the White House. In Monday’s case, Judge Arthur Engoron has already ruled that Trump and his sons Eric and Don Jr. committed fraud by […]
BATAM, Indonesia, Aug 30, 2023 (AFP) – Dozens of Chinese nationals were arrested in Indonesia on suspicion of running an online love scam syndicate that ensnared hundreds of victims in China, police said Wednesday. Acting on a tip-off from their Chinese counterparts, Indonesian police arrested 83 men and five women at an industrial park in Batam city in Riau Islands province on Tuesday. Police said the syndicate blackmailed hundreds of victims in China, many of […]
SAN FRANCISCO, May 17, 2023 (AFP) – Fallen US biotech star Elizabeth Holmes must begin serving prison time after a judge denied her latest request to remain free while appealing her fraud conviction. Holmes was sentenced to just over 11 years in prison for defrauding investors with her Silicon Valley start-up Theranos. She was scheduled to begin serving prison time on April 27, but her lawyers lodged a last-minute appeal on procedural issues after an […]
by Glenn CHAPMAN / Julie JAMMOT Agence France-Presse SAN FRANCISCO, United States (AFP) — A lawyer for angry Tesla investors told a California courtroom on Wednesday that CEO Elon Musk “lied” about having funding in place to take the company private, costing his clients millions of dollars. More than four years after Musk fired off tweets saying he had funding secured to buy the electric car maker at $420 a share, investors who felt burned […]
NASSAU, Bahamas (AFP) — Sam Bankman-Fried, wanted in the United States for fraud after the collapse of his FTX cryptocurrency group, remained in a Bahamas prison Monday after an abortive court hearing that was to consider his possible extradition. One week after the former billionaire was arrested in Nassau, US and local media had reported that the 30-year-old onetime cryptocurrency wunderkind was preparing to accept extradition to stand trial in New York. Bankman-Fried was seen […]
by Aurélia END Agence France-Presse WASHINGTON, United States (AFP) — After years of benefitting from the enormous contributions of FTX founder Sam Bankman-Fried — accused of massive financial fraud — America’s political elite are now skittering away, eager to put distance between themselves and the disgraced cryptocurrency darling. The 30-year-old tycoon — currently detained in the Bahamas awaiting US extradition proceedings — had in recent years become one of the largest public donors to the […]
Barcelona, Spain (AFP) by Mathieu Gorse and Daniel Silva A Spanish court has ordered Colombian music superstar Shakira to stand trial on charges of fraudulently failing to pay 14 million euros in tax, filings showed Tuesday. Prosecutors in Barcelona said in July they would seek a prison sentence of more than eight years against the singer and a fine of nearly 24 million euros ($24 million), after she rejected a plea deal over accusations of […]
SAN FRANCISCO, United States (AFP) – Fallen US biotech star Elizabeth Holmes was convicted on Monday of defrauding investors in her blood-testing startup Theranos, in a high-profile case seen as an indictment of Silicon Valley culture. Jurors found Holmes guilty of tricking investors into pouring money into what she said was a revolutionary testing system, but also acquitted her on some charges, and failed to agree on others. The 37-year-old now faces the possibility of […]
KINSHASA, DR Congo (AFP) — Former DR Congo health minister Eteni Longondo was detained on Friday over the alleged misappropriation of funds allocated to the fight against the coronavirus pandemic, official sources said. Longondo “was placed under a provisional arrest warrant this evening” following lengthy questioning, a government source said. The former health minister, who was in office until April, was taken to the Makala prison in the capital Kinshasa, according to a prison official […]
MANILA, Philippines (AFP) — Philippine investigators have lodged criminal complaints against a former executive of collapsed German payments firm Wirecard and others for alleged bank fraud and cybercrime offences, the justice secretary said Monday. Wirecard was once a rising star in the fintech sector until it filed for bankruptcy last year after admitting that 1.9 billion euros ($2.3 billion) was missing from its accounts. The money was supposedly held in trust in two Philippine lenders […]
WASHINGTON, United States (AFP) — In the first TV interview since losing his re-election bid, US President Donald Trump indicated Sunday that he will never concede to Joe Biden and abandon his conspiracy theory about mass ballot fraud. “It’s not like you’re gonna change my mind. My mind will not change in six months,” Trump told Fox News interviewer Maria Bartiromo. “This election was rigged. This election was a total fraud,” he claimed, again without […]
by Paul HANDLEY Agence France Presse WASHINGTON, United States (AFP) — Donald Trump on Tuesday fired the government’s top election security official, who had rejected the president’s unsubstantiated claims of “massive” fraud in the vote he lost to Joe Biden. Trump announced on Twitter the termination “effective immediately” of Chris Krebs, who leads the agency that jointly declared “the November 3rd election was the most secure in American history.” Trump, who refuses to acknowledge […]
