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N.J. deli stock fraud defendant behind bars as feds reveal he

Peter Coker Jr., left, is issued search warrants from police at his villa on the southern resort island of Phuket, Thailand, Jan. 11, 2023. Crime Suppression Division, Royal Thai Police | AP NEWARK, N.J. – A former fugitive in the securities fraud case involving a New Jersey deli company once… Read Full Article Here CNBC

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Georgia grand jury recommends perjury indictments in Trump

Former U.S. President Donald Trump speaks during a campaign stop to unveil his leadership team, at the South Carolina State House in Columbia, South Carolina, U.S., January 28, 2023.  Shannon Stapleton | Reuters A Georgia grand jury looking into possible election meddling by former President Donald Trump said “one or more witnesses” may have lied […]

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Trump drops lawsuit against New York AG after judge in case

Former President Donald Trump stands on the 18th green during the Pro-Am tournament before the LIV Golf series at Trump National Doral, Oct. 27, 2022. Jasen Vinlove | USA Today Sports | Reuters Former President Donald Trump on Friday morning voluntarily dropped a longshot federal lawsuit in Florida against New York’s attorney general — a […]

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Trump and lawyer sanctioned almost $1 million for ‘frivolous’

Former President Donald Trump arrives at his Mar-a-Lago home on Dec. 31, 2022. Joe Raedle | Getty Images A federal judge on Thursday imposed nearly $1 million in sanctions on former President Donald Trump and his lawyer for filing a “frivolous” lawsuit against Hillary Clinton and others that claimed they tried to rig the 2016 […]

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Alec Baldwin to be charged with involuntary manslaughter in

Alec Baldwin will be criminally charged by New Mexico prosecutors for the 2021 fatal shooting of cinematographer Halyna Hutchins on the set of the film “Rust,” authorities said Thursday. Baldwin, the Emmy-winning star of “30 Rock” and dozens of films including “The Hunt for Red October,” shot the bullet that killed Hutchins. Baldwin said he […]

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Fake cannabis billionaire Justin Costello pleads guilty in $35

Justin Costello, who posed as a billionaire and twice-wounded Special Forces Iraq veteran to dupe investors while portraying himself as a legal cannabis mogul, pleaded guilty Wednesday to securities fraud. Under a plea agreement with Costello, prosecutors will recommend a sentence of 10 years in prison, with Costello echoing that call and being barred from […]

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Feds launch FTX task force to recover victim assets, continue

The Manhattan U.S. Attorney’s Office said Tuesday it had created an FTX Task Force to trace and recover assets of victims of the cryptocurrency exchange firm’s collapse and to handle investigations and prosecutions related to the company and other entities. The announcement came as FTX founder and former CEO Sam Bankman-Fried appeared in U.S. District […]

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Technology

Can algos collude? Quants are finding out – Risk.net

Can algos collude? Quants are finding out – Risk.net End of drawer navigation content Skip to main content Oxford-Man Institute is among those asking: could algorithms gang up and squeeze customers? Pricing algorithms – for anything from airline tickets to cinema seats – are a part of daily life. And daily life produces some of […]

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Jan. 6 House committee releases final report on Trump Capitol

The Jan. 6 House select committee released its long-awaited final report Thursday, capping an 18-month probe of the 2021 breach of the U.S. Capitol by a violent mob of supporters of former President Donald Trump. The 845-page report was issued three days after the bipartisan committee voted unanimously to refer Trump to the Department of […]

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Judge pauses SEC case in alleged NJ deli stock fraud in favor of

Your Hometown Deli in Paulsboro, N.J. Google Earth A federal judge granted the Justice Department’s request to pause the Securities and Exchange Commission’s civil case regarding alleged fraud involving a small-town New Jersey deli whose parent company was once valued at $100 million in the stock market. Federal prosecutors had requested earlier in December that […]