News
DOJ Moves to Drop High-Profile Corruption Case
4+ hour, 45+ min ago (518+ words) By Theodore Bunker "|" Monday, 18 May 2026 04: 53 PM EDT Federal prosecutors moved Monday to dismiss fraud and conspiracy charges against Indian billionaire Gautam Adani in a major reversal of one of the highest-profile international corporate corruption cases pursued by the Biden administration....
US set to drop criminal fraud case against India's Gautam Adani, sources say, as deal reached in civil case
3+ day, 22+ hour ago (572+ words) By Dan Rosenzweig-Ziff and Andrew Goudsward May 15 (Reuters) " The U. S. Justice Department is close to dropping criminal fraud charges against'Gautam Adani, an Indian billionaire who has promised to invest $10 billion in the U. S. economy,'according to two sources familiar with the matter....
US SEC settles civil lawsuit against Indian billionaire Adani subject to court approval
4+ day, 1+ hour ago (117+ words) WASHINGTON, May 14 (Reuters) - The U. S. Securities "and "Exchange Commission on Thursday settled a civil "lawsuit "against "Indian billionaire Gautam "Adani, subject to court approval, court "records showed. The Justice "Department is "close to "droppi. .. WASHINGTON, May 14 (Reuters) " The U. S Securities "and…...
Disgraced ex-NYC judge busted by feds in $6. 5 M real estate scam
5+ day, 7+ hour ago (562+ words) A disgraced former Brooklyn Supreme Court justice and a shady real estate developer scammed investors in a $6. 5 million scheme and pocketed nearly all the cash, federal prosecutors claim. Ex-Judge Edward Harold King, who was forced to resign earlier this year…...
US judge will not rubber-stamp Elon Musk settlement with SEC
1+ week, 3+ day ago (325+ words) May 8 (Reuters) " A federal judge on Friday declined to quickly approve the U. S. Securities and Exchange Commission's $1. 5 million settlement with Elon Musk over his purchase "of Twitter, saying she wants more information about whether "the accord is fair and how it…...
How's The Rabbi?': Feds Say Insider Traders Used Bizarre Code To Hide Multi-Million-Dollar Scheme
1+ week, 3+ day ago (541+ words) The Federal Bureau of Investigation (FBI) and Department of Justice (DOJ) unsealed charges Wednesday against 30 people who used Jewish code words to allegedly coordinate insider trading that netted participants tens of millions of dollars. The bureau said those arrested will…...
Chapter 11 Bankruptcy Filings Increase 42%
1+ week, 3+ day ago (319+ words) Zero Hedge - On a long enough timeline, the survival rate for everyone drops to zero...
DOJ, CTFC Investigating $2. 6 Billion In Suspicious Iran War Oil Trades
1+ week, 4+ day ago (14+ words) Zero Hedge - On a long enough timeline, the survival rate for everyone drops to zero...
St. Augustine's University declares Chapter 11 bankruptcy
2+ week, 6+ day ago (409+ words) (The Center Square) " Debt plagued St. Augustine's University, among the oldest historically Black colleges and universities in the country, filed Chapter 11 bankruptcy on Monday in the U. S. Bankruptcy Court for the Eastern District of North Carolina. The $50 million to $100 million owed…...
SEC Gag Rule Challenge Could Soon Reach Supreme Court
3+ week, 3+ day ago (546+ words) Powell would like to explain what happened. When asked, he starts to answer. Then he stops. His lawyer, Peggy Little, 71, a senior litigation counsel at the New Civil Liberties Alliance, a Washington, D. C. -based nonprofit that challenges government overreach, cuts in....