Category: Corruption

West Point was accused in a federal lawsuit Tuesday of improperly using race and ethnicity as factors in admissions by the same group behind the legal challenge that resulted in the U.S. Supreme Court striking down affirmative action in college admissions. Students for Fair Admissions claims the U.S. Military Academy sets benchmarks for how many Black, Hispanic and Asian cadets there should be in each class. The lawsuit filed in New York’s Southern District claims West Point is violating the Fifth Amendment…

Ukrainian forces carried out a missile strike on a market in eastern Ukraine and then falsely blamed Russia for the attack, according to analysis from the New York Times. From The New York Times, “Evidence Suggests Ukrainian Missile Caused Market Tragedy”: The Sept. 6 missile strike on Kostiantynivka in eastern Ukraine was one of the deadliest in the country in months, killing at least 15 civilians and injuring more than 30 others. The weapon’s payload of metal fragments struck a…

Afghanistan is a geographically diverse country, home to the beautiful blue city of Mazar-i-Sharif, wild slopes of the Hindu Kush mountains, and the Hazarchishma Natural Bridge, among other attractions. A good place to vacation with family? One verified — albeit parody — Twitter account labeling itself as the PR team for the Taliban thinks so. “Visit the magnificent nation of #Afghanistan, the real land of the free and the home of the brave, unlike the Americans,” tweeted Taliban Public Relations…

The US could be heading for economic turmoil again 15 years after the 2008 financial crisis rocked the country, three experts have said. Global finance giant Lehman Brothers filed for bankruptcy on September 15, 2008, more than 150 years after its founding. It was the first major US victim of the sub-prime mortgage collapse. The first warning of the Credit Crunch came a year earlier, with the run small regional British mortgage lender Northern Rock after it asked the Bank…

The trend of banks increasing their net interest margins and channeling their efforts into loan refinancing has raised concerns that it will reduce competition in the lending market. This shift could have significant implications for borrowers and the broader economy, according to Peter James (pictured above), director of non-bank lender Mortgage Ezy. “Banks are notorious for fattening their net interest margins (NIM) on loans whenever the cash rate scales higher,” James said. “While borrowers bear the brunt of RBA rate…

The poverty rate in the U.S. has risen dramatically in the year since pandemic benefits ran out — and the child poverty rate has more than doubled, according to U.S. Census Bureau data released Tuesday. Just a year ago, the Census Bureau found child poverty had hit a historic low. Experts point to the expanded child tax credit as key to this poverty yo-yo. Adam Ruben of the Economic Security Project says the tax credit went to more people, in…

FOR IMMEDIATE RELEASE Thursday, September 7, 2023 A jury in Miami convicted two defendants on Sept. 5 in a scheme involving the falsification and fabrication of clinical trial data. On Sept. 5, Miguel Angel Montalvo Villa, 53, and Ivette Maria Portela Martinez, 53, both of Miami, were each convicted of one count of conspiracy to commit wire fraud and one count of wire fraud. Montalvo also was convicted of making a false statement to a regulatory investigator with the Food…

Journalist Glenn Greenwald has once again dissected a load of establishment propaganda disguised as legitimate reporting – this time shredding a new, and fraudulent, “disinformation study“ from the Washington Post. And of course, Greenwald has receipts. The study, which was sponsored by the European Union ‘with an Omidyar-funded group’ accuses Twitter (X) of facilitating “pro-Russia propaganda” by failing to censor more. The Washington Post’s latest “disinformation study” – sponsored by the EU with an Omidyar-funded group that accuses Twitter of failing to censor “Russian propaganda” –…

  The BBC’s Marianna Spring specializes in branding average citizens as conspiracy theorists and potential terrorists for questioning official claims. When caught lying about her own professional record to advance her ambitions, she says she thought her deceit “wouldn’t be a big deal.” On September 6th, The New European reported that BBC’s “specialist disinformation correspondent” Marianna Spring lied on her résumé in a failed attempt to bag work with Coda Story back in 2018. While posing as an independent outlet, Coda…

  JPMorgan Chase is in a protracted legal battle in a federal district court in Manhattan over highly credible allegations that it “actively participated” in Jeffrey Epstein’s sex-trafficking of minors. The lawsuit has been brought against JPMorgan Chase by the Attorney General of the U.S. Virgin Islands where Epstein owned a private island compound that was a frequent venue of the sex trafficking operation. Part of the bank’s damage control strategy has been to sue one of its former top…

The Pentagon announced a new $600 million package of long-term aid to Ukraine on Thursday, providing funding for an array of weapons and other equipment just a day after Secretary of State Antony Blinken visited the country and pledged $1 billion in new military and humanitarian aid. The Defense Department said the latest package will come through the Ukraine Security Assistance Initiative, which provides money for long-term contracts for weapons systems that need to be built or modified by defense companies. Included…

Former Trump adviser Peter Navarro was found guilty Thursday of two counts of criminal contempt of Congress for defying a subpoena from the House committee charged with investigating the Jan. 6 attack on the U.S. Capitol. A federal jury deliberated for less than four hours before issuing its verdict. Navarro, 74, is now the second former aide to the former president to be prosecuted for not cooperating with the select committee. Navarro, who served as director of the Office of…

The Air Force launched an unarmed Minuteman III intercontinental ballistic missile over the Pacific Ocean in a routine test early Wednesday, the service said in a release. The missile was fired from Vandenberg Space Force Base, California, around 1:30 a.m. local time, and traveled about 4,200 miles to the Marshall Islands, where the U.S. has conducted nuclear weapons tests for decades. Test launches ensure America’s land-based nuclear missiles are still viable after more than 50 years, and are a chance…

MIAMI — More than two years after 98 people died in the collapse of a Florida condominium tower, federal investigators have released new details about the cause of the collapse. They’re focusing on construction flaws on the building’s pool deck. Structural engineers with the National Institute of Standards and Technology say it’s one of the most complex investigations ever undertaken. It began days after the 2021 collapse of the Champlain Towers South building in Surfside. In a progress report, one…

Following concerns raised by the government of the United Kingdom (“UK”) about freedom of expression and the provision of banking services, the UK’s financial watch dog, the Financial Conduct Authority (“FCA”), recently commenced an investigation into bank account closures.  This action follows in the wake of recent reports of banks allegedly closing customer accounts based…… Continue Reading
The post FCA Investigates Bank Account Closures, Including for PEP Customers appeared first on Global Investigations & Compliance Review.

  The Australian Securities and Investments Commission (ASIC) has taken legal action against Paypal Australia Pty Limited, alleging that the company’s standard form of contracts with small business owners contains an unfair term. According to ASIC, business account holders are given 60 days to notify Paypal of any errors or discrepancies in fees that Paypal has charged them, or else accept those fees as accurate. ASIC alleges such a term is considered unfair. “ASIC has commenced this action to protect…