Archive for the 'Fraud' Category
American Pravda: CNN
June 27th, 2017Via: Project Veritas: Project Veritas has released a video of CNN Producer John Bonifield who was caught on hidden-camera admitting that there is no proof to CNN’s Russia narrative. “I mean, it’s mostly bullshit right now,” Bonifield says. “Like, we don’t have any giant proof.” He confirms that the driving factor at CNN is ratings: […]
EU Has Fined Google $2.7 Billion for Manipulating Search Results
June 27th, 2017Via: Recode: The European Union slapped Google with a record-breaking $2.7 billion fine on Tuesday, charging that the U.S. tech giant had manipulated search results in a way that gives an “illegal advantage” to its own services while harming the company’s rivals. The punishment — announced at a press conference by Margrethe Vestager, the EU’s […]
Fraud: Britain Charges Barclays, Ex-Bosses Over ‘Unlawful’ Qatari Deal
June 20th, 2017Via: Reuters: Barclays (BARC.L) and four former top executives have been criminally charged over undisclosed payments to Qatari investors during a 12 billion pound ($15 billion) emergency fundraising in 2008. Britain’s Serious Fraud Office (SFO) said on Tuesday it was charging Barclays with conspiracy to commit fraud and unlawful financial assistance, making it the first […]
Booz Allen Hamilton: Federal Civil and Criminal Probe in Connection with Its Finances
June 15th, 2017Via: NBC: Shares of Booz Allen Hamilton sank as much as 13 percent in after-hours trading after the government services firm revealed in a regulatory filing it was the subject of a federal civil and criminal probe in connection with its finances. Last year, the company derived 97 percent of its revenue from U.S. government […]
Cost to Keep Each Prisoner Locked Up in California Per Year: $75,560
June 6th, 2017Madness. Via: Los Angeles Times: Gov. Jerry Brown’s spending plan for the fiscal year that starts July 1 includes a record $11.4 billion for the corrections department while also predicting that there will be 11,500 fewer inmates in four years because voters in November approved earlier releases for many inmates. The price for each inmate […]
Why Jails Are Booming
June 2nd, 2017Via: The Atlantic: A new report from the Prison Policy Initiative examines the reasons behind this explosive growth. Perhaps unsurprisingly, it’s not driven by crime. Crime rates nationwide have dropped over the past few decades, as have conviction rates in court. So then why do jails keep swelling? It basically comes down to two things, […]
GM Sued Over Diesel Emissions
May 25th, 2017Via: Bloomberg: General Motors Co. was sued for allegedly putting defeat devices in trucks to beat emissions tests, making it the fifth carmaker to be accused of diesel cheating since Volkswagen AG admitted in 2015 to flouting pollution rules. Owners and lessees of more than 705,000 GM Duramax branded diesel trucks filed a class-action lawsuit […]
The Trump Organization Says It’s ‘Not Practical’ to Comply With the Emoluments Clause
May 25th, 2017Via: The Atlantic: Days before taking office, Donald Trump said his company would donate all profits from foreign governments to the U.S. Treasury, part of an effort to avoid even the appearance of a conflict with the Constitution’s emoluments clause. Now, however, the Trump Organization is telling Congress that determining exactly how much of its […]
Baking Soda Shortage?
May 25th, 2017A cartel combined with absurd government regulations can look a lot like a doomed socialist state at times. In Venezuela, for example, there are shortages of food, toilet paper, medicines etc. Pretty standard stuff, Comrade. But in the U.S., how is it possible that the there’s a shortage of solutions of sodium bicarbonate? Key words […]
Americans Are Paying $38 to Collect $1 of Student Debt
May 19th, 2017Via: Bloomberg: The federal government has, in recent years, paid debt collectors close to $1 billion annually to help distressed borrowers climb out of default and scrounge up regular monthly payments. New government figures suggest much of that money may have been wasted. Nearly half of defaulted student-loan borrowers who worked with debt collectors to […]
