Category: Crime
Legal fund for man charged in New York subway death tops US$1.6 m
NEW YORK – A crowdfunding effort supporting the man charged over the chokehold death of a homeless person in New York has raised more than US$1.6 million (S$2.14 million) on a platform known for facilitating funding of far-right figures.
The death earlier this month of Jordan Neely, a Michael Jackson impersonator who often performed on the subway, sparked outrage after it was caught on camera.
Daniel Penny, a 24-year-old US Marine veteran, was charged with manslaughter in the second degree and released on bail. The charge accuses Penny of “recklessly” causing the death of 30-year-old Neely, but it stops short of saying he had intent to kill.
The online fund supporting him was set up by the law firm Raiser & Kenniff, P.C., which is representing Penny.
Google to pay US$8m to settle claims of deceptive ads: Texas AG
WASHINGTON – Google, a unit of Alphabet, has agreed to pay US$8 million (S$10.7 million) to settle claims it used deceptive advertisements to promote the Pixel 4 smartphone, Texas Attorney General Ken Paxton announced on Friday.
The search and advertising giant, which also makes Android smartphone software and owns YouTube, has been scrutinised for antitrust and consumer protection infractions by both the federal government and state attorneys general. The federal government has filed two antitrust lawsuits.
In this instance, Paxton’s office alleged that Google hired radio announcers to give testimonials about the Pixel 4 even though the company had refused to allow them to use one of the phones.
“If Google is going to advertise in Texas, their statements better be true,” Paxton said in a statement. “In this case, the company made statements that were blatantly false, and our settlement holds Google accountable for lying to Texans for financial gain.”
Virginia hid execution files from the public. Here’s what they don’t want you to see
A former Virginia Department of Corrections employee donated hundreds of execution documents, including these photographs, to the Library of Virginia more than a decade ago. NPR is now exclusively publishing a selection of the documents. Library of Virginia, Chiara Eisner and Monika Evstatieva/NPR Library of Virginia, Chiara Eisner and Monika Evstatieva/NPR In January, NPR aired excerpts from four tapes recorded behind the scenes during Virginia executions. It was only the second time in history that audio from inside an…
Florida lawmakers want to use radioactive material to pave roads
Construction workers build along State Road 836 in 2018 in Miami. HB 1191 would compel the Florida Transportation Department to study using phosphogypsum in paving projects. Roads in Florida could soon include phosphogypsum — a radioactive waste material from the fertilizer industry — under a bill lawmakers have sent to Gov. Ron DeSantis. Conservation groups are urging DeSantis to veto the bill, saying phosphogypsum would hurt water quality and put road construction crews at a higher risk of cancer. Here’s…
FBI: Colombians drugged US soldiers, stole money, phones
FORT LAUDERDALE, Fla. — Three Colombian nationals are facing federal charges in Miami accusing them of drugging two U.S. Army soldiers at a Bogota bar three years ago to steal their debit and credit cards and their phones, U.S. law enforcement officials announced Friday. Jeffersson Arango, Kenneth Uribe and Pedro Silva have been indicted on kidnapping, assault and conspiracy charges for the alleged March 2020 drugging, abduction and robbery that left the soldiers with little memory of what happened. According…
FTC moves to ban Meta from profiting off data of users under age 18
The U.S. Federal Trade Commission is alleging Facebook “repeatedly violated its privacy promises” and is proposing a “blanket prohibition” on parent company Meta’s monetization of data of users under 18. The company, meanwhile, called the move “a political stunt.” The FTC on Wednesday moved to expand its USD5 billion privacy order with then-Facebook from 2020, claiming the company failed to comply with the order and the Children’s Online Privacy Protection Act Rule, misrepresented access to private user data it provided…
Wells Fargo let boss grope and harass exec, and fired her for complaining: lawsuit
A Wells Fargo boss started by mocking a female executive’s fiancé, moved on to inappropriately touching and groping her, then threatened to take sales opportunities from her if she didn’t date him, according to a new lawsuit against the San Francisco-headquartered bank and the alleged harasser.
Wells Fargo management responded to complaints by the former VP and senior portfolio manager, who filed suit anonymously as Jane Doe, by forcing her to continue working with the man, attempting to block her from receiving a hefty referral fee and commission, and finally firing her, the lawsuit claimed.
Wells Fargo spokeswoman Laurie Kight said Wednesday the bank was reviewing the lawsuit. “We take all allegations of misconduct very seriously,” Kight said.
Doe started in an executive position at Wells Fargo in 2000, in a Los Angeles unit devoted to serving high-wealth clients, and was promoted to a senior VP position five years later, according to her lawsuit filed Wednesday in Los Angeles County Superior Court. Starting in 2016 and continuing into 2020, she was subjected to sexual harassment by a superior, Carl Nelson, a VP and senior private banker, her lawsuit claimed.
Nelson has since resigned from Wells Fargo, according to Doe’s lawyer Ronald Zambrano. Nelson did not immediately respond Wednesday to messages from this news organization at his new workplace in a different bank.
We’ll listen to whistleblowers, promises Financial Conduct Authority after backlash
The Financial Conduct Authority has said it will change its approach to whistleblowers after a survey revealed widespread dissatisfaction among those who alert the regulator to wrongdoing.
The organisation acknowledged problems including whistleblowers not “feeling heard”; a lack of dialogue with them, which prompts doubts about the chances of a proper investigation; and frustration over a shortage of updates, sometimes interpreted as delay and inaction.
The majority of those who raised concerns with the regulator said they were “extremely or somewhat dissatisfied” with how they had been listened to and how issues had been explored, while most were dissatisfied with the outcome of their reports, an FCA study found.
When asked to rate overall satisfaction with the authority’s handling of their whistleblowing report, 15 of the 21 respondents said they were “extremely or somewhat dissatisfied”. Only two expressed any satisfaction.
The regulator said it was “disappointed” with the findings. “Whistleblowers are key in our efforts and we greatly value their contribution,” it said.
It pledged to make reforms, including improving the use of whistleblowers’ information, better communication over what has been done with their reports and engagement with the government over a review of whistleblowing legislation.
Germany, Italy clamp down on Italian mob with raids, arrests
BERLIN (AP) — Police across Europe arrested dozens of people, raided homes and seized millions of euros in assets on Wednesday, in a coordinated crackdown on Italy’s ’ndrangheta organized crime syndicate, one of the world’s most powerful, extensive and wealthy drug-trafficking groups.
The operation, coordinated by European Union judicial cooperation agency Eurojust, aimed to dismantle a network that includes the n’drangheta, Colombian drug producers and paramilitary groups, and moves tons of cocaine to Europe and Australia each year.
The investigation uncovered how these networks used ports in Ecuador, Panama and Brazil to ship the Colombian drugs to northern European ports while also dealing in weapons. The drug proceeds were then laundered through restaurants, ice cream shops and car washes, and money sent back to Colombian drug producers via a Chinese wire transfer service, according to Italian officials and a Carabinieri press release.
‘We have survived’: China’s Huawei goes local in response to US sanctions
In Huawei’s head office last month, staff gathered to celebrate the in-house development of software to replace a US system that, thanks to Washington’s export controls, the Chinese technology company was no longer able to purchase. “Three years ago, we were cut off from the old ERP [enterprise resource planning] system,” said Tao Jingwen, a Huawei board member and president of its quality, business process and IT management department. “Today we are proud to announce that we have broken through…
McDonald’s franchises fined for child labor violations
LOUISVILLE, Ky. (AP) — Two 10-year-olds are among 300 children who worked at McDonald’s restaurants illegally, a Labor Department investigation of franchisees in Kentucky found.
Agency investigators found the 10-year-olds received little or no pay at a McDonald’s in Louisville, the Labor Department said. The franchisee for the Louisville store was among three McDonald’s franchisees fined $212,000 in total by the department.
Louisville’s Bauer Food LLC, which operates 10 McDonald’s locations, employed 24 minors under the age of 16 to work more hours than legally permitted, the agency said. Among those were two 10-year-old children. The agency said the children sometimes worked as late as 2 a.m., but were not paid.
“Below the minimum age for employment, they prepared and distributed food orders, cleaned the store, worked at the drive-thru window and operated a register,” the Labor Department said Tuesday, adding that one child also was allowed to operate a deep fryer, which is prohibited task for workers under 16.
Half the United States’ banks are potentially insolvent
The Fed had to choose between capitulation on inflation or letting the banking crisis mushroom. The twin crashes in the US’s commercial real estate and bond market have collided with $9 trillion uninsured deposits in its banking system, which can vanish in an afternoon in the cyber age.
The second and third biggest bank failures in US history have followed in quick succession. The Treasury and Federal Reserve would like us to believe that they are “idiosyncratic”. That is a dangerous evasion. Almost half of America’s 4,800 banks are already burning through their capital buffers. They may not have to mark all losses to market under US accounting rules but that does not make them solvent. Somebody will take those losses.
“It’s spooky. Thousands of banks are under water,” said Prof Amit Seru, a banking expert at Stanford University. “Let’s not pretend that this is just about Silicon Valley Bank and First Republic. A lot of the US banking system is potentially insolvent.” The full shock of monetary tightening by the Fed has yet to hit. A great edifice of debt faces a refinancing cliff edge over the next six quarters.
Only then will we learn whether the US financial system can safely deflate the excess leverage induced by extreme monetary stimulus during the pandemic. A Hoover Institution report by Prof Seru and a group of experts calculates that more than 2,315 US banks are sitting on assets worth less than their liabilities. The market value of their loan portfolios is $2 trillion (£1.6 trillion) lower than book value.
These lenders include big beasts.
New reports on Jeffrey Epstein demonstrate deep-going corruption of US ruling elite
A report in the Wall Street Journal, published on the newspaper’s front page Monday morning, links important figures in the US business and political elite to financier and sex trafficker Jeffrey Epstein, who died in a federal prison in Manhattan in 2019 under circumstances that strongly suggest he was murdered to keep him quiet.
The Journal reporters wrote that they had gained access to Epstein’s private diary and other documents, “which include thousands of pages of emails and schedules from 2013 to 2017, [that] haven’t been previously reported.” The diary listed meetings with dozens of individuals, though it supplied little information about the content or subject of the meetings. The bulk of these engagements were at Epstein’s palatial townhouse in Manhattan.
Among those prominently mentioned in the Journal report were two high-level officials of Democratic administrations: William Burns, currently CIA director, formerly deputy secretary of state in the Obama administration; and Kathryn Ruemmler, currently general counsel for Goldman Sachs investment bank, who was White House counsel in the Obama administration.
China’s use of exit bans is on the rise, worrying international businesses: raids on corporate consultancies Mintz Group and Bain & Co.
The Chinese government has significantly increased the use of exit bans to stop people – Chinese and foreign nationals alike – from leaving the country since top leader Xi Jinping took power in 2012, according to a new report describing how a web of vague laws are being expanded for political reasons.
The report comes amid growing concern about the environment for foreign businesses in China, after the wide-ranging overhaul last week of the country’s espionage law and raids on corporate consultancies Mintz Group and Bain & Co.
AI ‘godfather’ Geoffrey Hinton warns of dangers as he quits Google
A man widely seen as the godfather of artificial intelligence (AI) has quit his job, warning about the growing dangers from developments in the field.
Geoffrey Hinton, aged 75, announced his resignation from Google in a statement to the New York Times, saying he now regretted his work.
And in a BBC interview on Monday, he said: “I can now just speak freely about what I think the dangers might be.
Bill C-11: Why is YouTube mad at Canada?
A new law that seeks to give Canadian artists a leg up online has left many influencers and tech giants alike seeing red.
They took out subway ads, they posted TikToks, but in the end, the score was Silicon Valley-0, Ottawa-1.
After many twists and turns, and over two-and-a-half years of review, the Canadian government has passed a new law that makes tech giants like YouTube and TikTok support Canadian cultural content.
The law, dubbed Bill C-11, gives the Canadian Radio-television and Telecommunications Commission (CRTC) broad authority to regulate these platforms, much like they already do with radio and television.
The government says it is necessary to stop streaming giants from getting a free ride, and to promote local artists.
Although it’s still unclear what those final regulations will look like, the law has raised the ire of everyone from TikTokers to esteemed author Margaret Atwood.