Author: 5amResearch
Theranos founder Holmes ordered to prison, pay victims
SAN FRANCISCO – 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 earlier attempt was denied. US Judge Edward Davila on…
Lebanon’s central bank governor calls French arrest warrant violation of law, vows to appeal
Iran Press TV Lebanon’s Central Bank Governor Riad Salameh has slammed French prosecutors for issuing an arrest warrant against him, saying he would appeal against the decision. Salameh made the remarks in a statement on Tuesday, after an international arrest warrant was issued earlier in the day following his failure to appear before French prosecutors to be questioned on corruption charges. Salameh denounced as “a violation of law” the arrest warrant, vowing to challenge it by filing an appeal. He…
Biden Cancels PNG, Australia Trips for Talks Over US Debt Ceiling
President Joe Biden canceled his trips to Papua New Guinea and Australia next week to continue debt ceiling talks with congressional leaders that he held Tuesday at the White House. White House press secretary Karine Jean-Pierre said in a statement that the president would to return to Washington on Sunday, following the Group of Seven summit in Hiroshima, Japan, “in order to be back for meetings with congressional leaders to ensure that Congress takes action by the deadline to avert…
US Announces Charges Related to Efforts by Russia, China, Iran to Steal Technology
U.S. law enforcement officials on Tuesday announced a series of criminal cases exposing efforts by Russia, China and Iran to steal sensitive U.S. technologies. The five cases, which spanned a wide range of protected U.S. technologies, were brought by a new “strike force” created earlier this year to deter foreign adversaries from obtaining advanced U.S. innovation. “These charges demonstrate the Justice Department’s commitment to preventing sensitive technology from falling into the hands of foreign adversaries, including Russia, China, and Iran,”…
Pakistan Faces Backlash Over Plans to Try Civilians in Military Courts
Human rights defenders have sharply criticized Pakistan for announcing plans to use military laws to prosecute those responsible for arson during recent protests sparked by the arrest of former Prime Minister Imran Khan. In a statement on Tuesday, Amnesty International described the controversial move as alarming and contrary to international law, and demanded it be struck down immediately. “This is purely an intimidation tactic designed to crack down on dissent by exercising fear of an institution that has never been…
Russian oil exports hit post-war high despite sanctions: IEA
Iran Press TV Tuesday, 16 May 2023 11:13 AM Russia’s oil exports have hit its highest level since the start of the Ukraine war, increasing its revenues by $1.7 billion despite Western sanctions, the International Energy Agency says. In a monthly oil report on Tuesday, the Paris-based organization said Russian crude exports increased by 50,000 barrels per day to 8.3 million bpd in April. That reflects Russia’s success in finding new buyers for its crude since the West imposed sanctions…
Kremlin critic Natalia Arno says she experienced possible poisoning symptoms; report says others also fell ill
Natalia Arno, the U.S.-based chief of the Free Russia Foundation, says there are suspicions she may have been poisoned, “possibly by some nerve agent,” after falling ill during a recent trip to Europe, amid a report that at least two other Kremlin critics have experienced similar episodes since 2020. Arno, who previously kept silent about what she experienced during a trip to Prague in early May, wrote about the ordeal on Facebook on May 16 after the website Agentsvo published…
Germany Plans to Send Ukraine Largest Military Assistance Package Worth $3Bln – Reports
MOSCOW (Sputnik) – The German government has made a decision to provide Ukraine with additional weapons worth 2.7 billion euros (almost $3 billion), which will become Berlin’s largest military assistance package to Kiev, media reported on Saturday, citing sources. The German Chancellor’s office and other ministries have agreed during secret negotiations to send to Ukraine “additional weapons worth about 2.7 billion euros” in the coming weeks and months, according to the report. Berlin plans to transfer Ukraine 20 Marder infantry…
Investigation into Biden family finances released
The roughly 30-page report detailed what lawmakers say are various companies and financial records tied to family members of Mr Biden, including his son, Hunter Biden, and daughter-in-law, Hallie Biden.
It contains records of bank transactions, obtained through subpoena, that Republican lawmakers say are linked to Romania and China.
The bank records show the receipt of money from a foreign company connected to Gabriel Popoviciu, who was prosecuted for corruption in Romania, reports the New York Times.
“We believe that the president has been involved in this from the very beginning. Obviously, we’re going to continue to look,” Mr Comer told reporters Wednesday.
The Kentucky lawmaker also acknowledged there had been “a pattern for a long time” of questionable financial dealings by relatives of presidents from both parties.
Crypto exchanges exit Canada but Coinbase intends to play the ‘long game’
The world’s largest crypto exchange, Binance, said last week that it would stop servicing Canadian customers due to “new guidance related to stablecoins and investor limits provided to crypto exchanges.” But while the exchange said it will return to the country “someday,” its exit leaves behind a huge gap that its competitors are aiming to fill. Coinbase is one of the big players in the space planning to do just that. Coinbase, close behind Binance as the world’s No….
Apple blocked 1.7 million apps for privacy, security issues in 2022
Apple’s App Store team prevented more than $2 billion in transactions tagged as potentially fraudulent and blocked almost 1.7 million app submissions for privacy, security, and content policy violations in 2022. As part of its ongoing efforts to fend off account fraud, the company also terminated 428,000 developer accounts for potentially fraudulent activity, deactivated 282 million fraudulent customer accounts, and blocked 105 million developer account creations for suspected fraudulent activities. The App Store team also protected Apple users from hundreds of…
US charges Apple ex-employee for trying to steal technology, fleeing to China
WASHINGTON – The US Justice Department said on Tuesday it has charged a former Apple Inc engineer with attempting to steal the firm’s technology related to autonomous systems, including self-driving cars, and then fleeing to China. The case was among five announced on Tuesday aimed at countering efforts to illicitly acquire American technology by nations including Russia and China. The actions were the first announced by a “strike force” formed in February in part to keep sensitive technologies away…
IRS reportedly pulled ‘entire investigative team’ from Hunter Biden tax fraud probe at behest of DOJ
In October, reports indicated that the FBI believed it had enough evidence to charge Hunter Biden with tax crimes. The Justice Department reportedly ordered the team’s removal, according to the New York Post. An IRS criminal supervisory special agent came forward to Congress in April seeking whistleblower protection to share with lawmakers information that allegedly showed the investigation into potential tax crimes by the younger Biden was being mishandled. Now, the whistleblower’s attorneys claim the team’s removal from the investigation…
US pharmacy giant PharMerica says hackers accessed personal data of almost 6 million patients
One of the largest pharmacy service providers in the United States has confirmed that hackers accessed the personal data of almost six million patients. PharMerica operates over 2,500 facilities across the U.S. and offers more than 3,100 pharmacy and healthcare programs. In a data breach notification filed with Maine’s attorney general, PharMerica said it learned of suspicious activity on its computer network on March 14. An internal investigation revealed that an “unknown third party” accessed its systems days earlier…
Wells Fargo to pay $1.3 billion in class-action lawsuit
SAN FRANCISCO – Wells Fargo & Co agreed to pay US$1 billion (S$1.3 billion) to settle a shareholder lawsuit that accused it of making misleading statements about its compliance with United States consent orders, following the 2016 scandal involving the opening of unauthorised customer accounts. The settlement is one of the top six largest securities class-action settlements of the past decade, according to lawyers for the investors, who filed a request on Monday for a Manhattan judge to approve the…