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Major US Banks Face Federal Probe Over Debanking Allegations
Major US Banks Face Federal Probe Over Debanking Allegations Federal prosecutors are looking into whether some of Wall Street’s biggest lenders illegally dropped customers for political reasons, according to a person familiar with the probe. The investigation into “debanking” allegations is being handled by Jeanine Pirro, the US Attorney in Washington, said the person, who asked not to be identified because the probe is confidential. The Wall Street Journal reported earlier Wednesday that...
Officials are warning about teen takeovers: Are they harmless fun or dangerous gatherings?
Officials are warning about teen takeovers: Are they harmless fun or dangerous gatherings? ‘These teen meetups aren't going away because social media isn't going away,’ a former New York City detective says - Bookmark - CommentsGo to comments Arrests, curfews and threats to prosecute parents are among the official responses to the so-called teen takeovers of public spaces across the country — but it may not be enough to stem the violence tied to some of the unsanctioned gatherings. The...
Inside the world’s scam capital, where enslaved workers are forced to defraud Americans online
Five young men thought they were going to Cambodia to intern at a casino. Instead they say they became enslaved in one of the world’s most sophisticated fraud networks, an industry that has swindled billions of dollars from Americans and turned Southeast Asia into the online scam capital of the world. Lured by the promise of well-paying jobs, hundreds of thousands of people like them from China, Southeast Asia and other countries across the world have been coerced into engaging in scams such...
Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh's ears
A strange thing may happen in the coming days. Federal Reserve Chair Kevin Warsh may do exactly what his predecessor Jerome Powell had done about interest rates — only to get a completely different response from President Donald Trump. Trump's unexpected comments Wednesday on the latest inflation figure may give Warsh some space on interest rates.
Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks
Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks Jerome Powell says the US central bank is undergoing a ‘stress test’ like other institutions in the current era. Former US Federal Reserve Chair Jerome Powell has warned against the politicisation of monetary policy amid President Donald Trump’s repeated attacks on the independence of the central bank. In a speech at an awards ceremony in Boston on Sunday, Powell said that the Fed had been undergoing a “stress test”...
[EMBARGO] Meta leads largest-ever anti-scam operation with FBI and DOJ, resulting in 63 arrests
A sweeping anti-scam operation led by Meta and backed by the FBI, Department of Justice, Microsoft, Coinbase and Starlink resulted in 63 arrests, millions of dollars in frozen cryptocurrency and the removal of more than a million scam-related online accounts, officials announced Tuesday. Meta said the operation was the company’s largest anti-scam operation to date and described it as the first coordinated anti-scam effort of its kind for the company to bring together major technology...
Florida beach toll booth worker killed after driver rams structure before getting stuck in sand, sheriff says
A toll booth attendant at a Florida beach was killed Monday when the driver of a pickup truck rammed into the structure before getting stuck in the sand. The fatal crash happened around 12:40 p.m. at the Dunlawton Avenue beach access ramp in Daytona Beach Shores, the Volusia Sheriff's Office said. The employee inside, Tammy Jo Baker, was just a few weeks shy of her 63rd birthday, Sheriff Mike Chitwood said at the scene.
Shooting at Florida beach 'teen takeover' leaves 17-year-old hospitalized with gunshot wound
Clearwater, Florida, police are warning of a shutdown of "teen takeovers" after a boy, 17, was hospitalized following a shooting tied to a social media meetup Sunday. The Clearwater Police Department's threat management unit was made "aware of a planned gathering at the beach," Deputy Chief Michael Walek said a Sunday night news conference, adding that "some of those people who gathered decided to break the law tonight. ""That kind of behavior cannot and will not be tolerated," he continued.
Cops halt planned 'teen takeover' as officials brace for a summer surge in chaos and arrests: police chief
A Florida police department is taking a victory lap after thwarting an unsanctioned "teen takeover," marking the latest move from law enforcement working to combat the viral events sweeping the nation. Authorities with the St. Augustine Beach Police Department shut down an unsanctioned event scheduled for Thursday at a local pier after they used electronic monitoring to identify the plan before it dissolved into chaos. "We’re a beach town, so we’ve always had spring break crowds that show up...
Meta leads largest-ever anti-scam operation with FBI and DOJ, resulting in 63 arrests
A sweeping anti-scam operation led by Meta and backed by the FBI, Department of Justice, Microsoft, Coinbase and Starlink resulted in 63 arrests, millions of dollars in frozen cryptocurrency and the removal of more than a million scam-related online accounts, officials announced Tuesday. Meta said the operation was the company’s largest anti-scam operation to date and described it as the first coordinated anti-scam effort of its kind for the company to bring together major technology...