Tag Archives: Fraud

What her abuse defense means for her fraud case

Former Theranos CEO Elizabeth Holmes’ possible defense strategy claiming that her ex-boyfriend and former business partner abused her could benefit her in a high-stakes criminal fraud case, two legal experts told Yahoo Finance. Opening arguments begin Wednesday in a trial that could land her in prison for up to 20 years if she’s convicted of using her blood-testing startup to defraud investors and patients. “I think that [abuse claims] are a possible benefit to her in that if a jury is… Source link

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Elizabeth Holmes criminal fraud case starts today with jury selection

Jury selection begins today in the criminal case against Theranos founder Elizabeth Holmes, who’s accused of defrauding investors and patients through her once-hyped blood-testing startup. Prosecutors and lawyers for Holmes will have to narrow a pool of nearly 200 prospective jurors to 12 who will decide her fate in a case that could potentially land her in federal prison for years. The dozen jurors and five alternates will sit for a closely watched trial expected to last as long as four… Source link

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Elizabeth Holmes fails to keep customer complaints, test results out of criminal fraud trial

SAN JOSE, CALIFORNIA – MAY 4: Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. (Photo by Nhat V. Meyer/MediaNews Group/Mercury News via Getty Images) A federal judge on Wednesday denied a request from former Theranos CEO Elizabeth Holmes to keep customer complaints, test results, and a regulatory report out of her upcoming criminal fraud trial connected to her failed blood-testing… Source link

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Goldman’s Crypto Chief Worries About Fraud, but Not Cryptocurrency’s Future

The Global Head of Digital Assets at Goldman Sachs said in a Q&A published in the firm’s May 21 Global Macro Research newsletter that the growing cryptocurrency space, particularly related to “hot storage,” was “only one big fraud away from a very negative impact on the market.” Addressing a question about risks to the industry, Mathew McDermott, who was expressing his own views and not those of the research team, also noted that “inconsistent regulatory actions” worldwide could… Source link

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Some crypto markets ‘rife with fraud and scams’

TipRanks Goldman Sachs Predicts Over 50% Rally for These 2 Stocks Stocks started this year with heft gains, edged back last week, and now are rising again. The big tech giants led the moves, with volatility in Apple and Amazon leading the NASDAQ on its gyrations. The strategy team at investment bank Goldman Sachs have taken notice of the market shakeups, and are working out what it means for investors. According to macro strategist Gurpreet Gill, watching bond yields and stock values closely,… Source link

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Trump supporters in Georgia explain why they believe the president’s claims of voter fraud

DALTON, Ga. — On Monday, President Trump traveled to rural Georgia to campaign for the state’s two incumbent Republican senators, where, a day before two runoff elections that will decide control of the U.S. Senate, he continued to spread baseless claims of widespread voter fraud. “Since the election, we have put forth indisputable evidence documenting the rampant fraud, which will be announced on Wednesday, as you know,” Trump said at Monday night’s rally in this city, known as the… Source link

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Levin: The Supreme Court needs to intercede in 2020 election fraud investigations – Yahoo News

The Daily Beast Newborn Boys Were Dumped in Chicago Trash 17 Years Ago. Cops Just Cracked the Case. Seventeen years ago, a Waste Management employee was emptying trash bins in Cook County’s Stickney Township when she found a pair of newborn twins. The infants were dead, and their umbilical cords were still attached, according to Chicago Tribune reporting at the time. During the course of their investigation back then, police spoke with neighbors and pregnant women in the area, but never… Source link

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Obama says Republicans ‘clearly know better,’ but are ‘humoring’ Trump about vote fraud

Former President Barack Obama took aim at Republicans who have been “humoring” President Trump’s bogus claims of voter fraud in the 2020 election. In an interview with “60 Minutes” that will air Sunday, Obama was asked what he made of the “false claims of widespread election fraud” Trump has been making since the race was called in favor of Joe Biden. “They appear to be motivated, in part, because the president doesn’t like to lose and never admits loss,” Obama responded, adding,… Source link

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DOJ’s Top Election Crimes Official Quits after Barr Authorizes Voter Fraud Probe

The Justice Department’s top election crimes prosecutor resigned Monday, just hours after Attorney General William Barr instructed federal prosecutors to probe allegations of voting irregularities before states certify results. In a memo on Monday, Barr authorized “specific instances” of investigative steps, such as interviewing witnesses during a time that would normally require permission from the elections crimes section, and said prosecutors had the power to investigate, but… Source link

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Trump has come up with ‘frivolous, baseless claims’ of voter fraud: Nevada AG Aaron Ford

TipRanks Oppenheimer Sees These 3 Stocks Skyrocketing Over 100% The U.S. presidential election has come to a close, and Wall Street isn’t opposed to the administration change. Last week saw the S&P 500 notch its second-best performance during an election week on record, even as Trump’s chances of getting re-elected became slimer and slimer.Weighing in for Oppenheimer, Chief Investment Strategist John Stoltzfus noted, “What appears clear so far is that the equity markets are not averse to… Source link

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