Hwang had been convicted in July on 10 criminal charges including wire and securities fraud, market manipulation. Former billionaire investor Sung Kook “Bill” Hwang has been sentenced to 18 years in prison over the collapse of Archegos Capital Management, which cost Wall Street banks more than $10bn. Hwang was sentenced…
Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. On Wednesday authorities charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani…
One city lawmaker wants to ban the sale of all disposable e-cigarettes — a move she says will help stomp out underage vaping in the Big Apple. Council member Julie Menin (D-Manhattan) will introduce a bill Thursday that would ban single-use vapes, which she said are the preferred option over…
New York prosecutors say they are opposed to dismissing United States President-elect Donald Trump’s hush money case but have expressed openness to delaying his sentencing until after his second term. In a court filing Tuesday, the Manhattan District Attorney’s Office argued that Trump’s forthcoming presidency does not warrant dismissing a…
An alleged drunk driver was seen zipping around a busy parking lot holding what appeared to be an open container of alcohol after taking Texas State Troopers on a chaotic cross county high-speed chase. Audrey Marie Schneider, 37, was driving down I-35 in Comal County, Tx., near San Antonio, in…
Anders Behring Breivik, the Norwegian mass murderer behind the country’s worst peacetime atrocity, will appear in court on Tuesday to argue he should be released from prison after spending over 13 years behind bars. The anti-Muslim neo-Nazi killed 77 people in July 2011. He killed eight with a car bomb in Oslo…
A Florida man was arrested last week after state police said he pretended to be an undercover officer in order to avoid a background check. William Dennis Milstead, 64, was charged with falsely impersonating a police officer, making a false statement to obtain property and using a two-way communication device to…
Two masked men broke into Britain’s royal Windsor Castle estate last month and stole two vehicles from a barn, the Sun newspaper reported on Monday. King Charles and his wife Camilla were not in the estate at the time of the incident but Prince William and his family were believed…
The charging of CIA official Asif Rahman for allegedly leaking US intelligence of Israeli preparations for retaliatory strikes on Iran in October has brought into open view the shadow war of espionage and counterespionage that has raged between actors locked in a regional conflict for decades. The Iran-based Telegram channel…
A concerned Florida mother set up her own sting operation at a local Popeye’s to confront a man who was sexting her 13-year-old daughter — a showdown that resulted in the allegedly armed creep getting shot by cops. The unidentified mother discovered her daughter was having an ”inappropriate text relationship”…
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