Super Micro Computer said on Thursday that an independent investigation led by its board found no evidence that current members of senior management knew about an alleged scheme to smuggle $2.5 billion in hardware packed with Nvidia chips to China. The announcement was meant to clear the air for investors after a shaky five months
A Massachusetts mayor was arrested Friday and charged with fraudulently obtaining a pandemic loan and using the money to fund his election campaign as well as pay off high-interest mortgages on several of his properties and personal taxes. Lawrence Mayor Brian DePena was charged Friday with one count of wire fraud and one count of money laundering.
A sales force of more than 100 agents allegedly cold-called thousands of prospective investors with sleek, scripted pitches for shares in the most exclusive private tech companies in the world, including SpaceX, Anduril, Anthropic, and Perplexity, while promising repeatedly there would be no hidden fees. The agents worked for The Spaventa Group (TSG), a Long
BOSTON — A Massachusetts mayor was arrested Friday and charged with fraudulently obtaining a pandemic loan and using the money to fund his election campaign as well as pay off high-interest mortgages on several of his properties and personal taxes. Lawrence Mayor Brian DePena was charged Friday with one count of wire fraud and one
President Donald Trump’s onslaught of tariffs was initially meant to grow government revenue. However, they may have inadvertently enabled a multi-billion dollar tax scheme for the U.S. economy: Companies have found tactics to evade the sky-high tariffs and are engaging in fraud that could have dire consequences for the country, including lowered federal tax revenues
ALBUQUERQUE, N.M. — A former high-ranking New Mexico Democratic legislator has been convicted of dozens of federal charges stemming from a yearslong scheme to divert money from public schools to a friend’s company in exchange for kickbacks. Jurors reached the verdict Friday, following a trial that included testimony from Sheryl Williams Stapleton’s former colleagues, investigators