Donald Trump’s firm to be sentenced for 15-year tax fraud

NEW YORK, Jan 13 (Reuters) – Donald Trump on Friday will learn the way the corporate that bears the previous U.S. president’s identify will probably be punished after being discovered responsible of scheming to defraud tax authorities for 15 years. A New York state choose will impose the sentence after jurors in Manhattan discovered two … Read more

Trump govt Weisselberg prepares for jail on Rikers Island

NEW YORK, Jan 10 (Reuters) – A longtime govt for Donald Trump is predicted to be despatched to New York’s infamous Rikers Island jail after being sentenced on Tuesday for serving to engineer a 15-year tax fraud scheme on the former president’s actual property firm. Allen Weisselberg, the Trump Group’s former chief monetary officer, pleaded … Read more

In sweltering Bahamas courtroom, Bankman-Fried fights incarceration

NASSAU, Dec 13 (Reuters) – Cordoned-off roads, a sweltering courtroom and quite a few delays marked Sam Bankman-Fried’s first in-person public look since his crypto firm collapsed. The Bahamas courtroom listening to, performed over the course of six hours, noticed Bankman-Fried, wearing a go well with relatively than his typical t-shirt apparel, looking for bail … Read more

Unique: U.S. Justice Dept is break up over charging Binance as crypto world falters, sources say

Some DOJ prosecutors imagine proof justifies submitting prices in opposition to executives together with CEO Zhao DOJ officers have mentioned doable plea offers with Binance’s attorneys Binance is beneath investigation for doable cash laundering and prison sanctions violations Binance says it has no perception into the “inside workings of the US Justice Division” WASHINGTON, Dec … Read more

Trump rebuffed by decide in New York fraud lawsuit, trial date set

NEW YORK, Nov 22 (Reuters) – A New York decide has scheduled an October 2023 trial for former U.S. President Donald Trump, three of his grownup kids and the Trump Group in a lawsuit introduced by New York Legal professional Common Letitia James accusing them of fraudulently overvaluing the actual property firm’s belongings and Trump’s … Read more

Tesla board member says Elon Musk recognized potential successor as CEO

SAN FRANCISCO, Nov 16 (Reuters) – James Murdoch, a Tesla Inc (TSLA.O) director, testified in court docket on Wednesday that CEO Elon Musk has in the previous few months recognized somebody as a possible successor to go the electrical carmaker. Murdoch, who didn’t identify the potential successor, was testifying in a trial over Musk’s 2018 … Read more

Elon Musk says he’ll discover a new chief for Twitter

Nov 16 (Reuters) – Elon Musk stated on Wednesday he anticipated to cut back his time at Twitter and finally discover a new chief to run the social media firm, including that he hoped to finish an organizational restructuring this week. Musk made the remarks whereas testifying in a Delaware court docket to defend in … Read more

Elon Musk trial opens to determine destiny of his $56 billion Tesla pay

WILMINGTON, Del, Nov 14 (Reuters) – A trial opened Monday over shareholder allegations that Tesla Inc Chief Government Elon Musk’s $56 billion pay bundle was rigged with simple efficiency targets and that buyers had been duped into approving it, with Musk slated to take the stand later this week. A Tesla (TSLA.O) shareholder hopes to … Read more