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| August 19, 2017

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millions Archives -

Beverly Hills developer accused of defrauding investors will pay millions to settle case with SEC

August 17, 2017 |

Jay Belson, a developer of extravagant mansions in the Los Angeles area, has reached a settlement with the U.S. Securities and Exchange Commission over allegations he defrauded investors of more than $ 2 million.

In a court filing last week, the SEC alleged that between January 2011 and June 2016,…

L.A. Times – Business

North Korea: Millions Are Signing Up to Fight

August 12, 2017 |

China’s president delivered a direct message to President Trump: Ease up on the North Korea rhetoric. In a phone call with Trump Friday night, Xi Jinping said he wanted both sides to avoid “words and actions” that would make the situation worse, per the BBC , citing Chinese media. The White…

HBO Hackers Demand Millions in Ransom

August 8, 2017 |

A group of hackers posted a fresh cache of stolen HBO files online Monday and demanded a multimillion-dollar ransom from the network. HBO, which had previously acknowledged the theft of “proprietary information,” says it is continuing to investigate and is working with police and cybersecurity experts. In a swaggering five-minute…

Canada to Pay Millions to Former Gitmo Detainee

July 4, 2017 |

The Canadian government is going to apologize and give millions to a former Guantanamo Bay prisoner who pleaded guilty to killing a US soldier in Afghanistan when he was 15, with Canada’s Supreme Court later ruling that officials had interrogated him under “oppressive circumstances.” An official familiar with the deal…


Chad Johnson Says Keyshawn Johnson Could Be Saving Son Millions

June 21, 2017 |

Chad Johnson says he’s all for Keyshawn Johnson showing his son a little tough love … saying it might be just what the kid needs to keep him from blowing his football career (and some BIG money). Keyshawn Sr. yanked his boy off Nebraska’s…

He Made Millions Off Porn. And Killed to Keep It That Way

June 20, 2017 |

In 1970, Michael Thevis fatally shot a former employee turned rival peep machine manufacturer in an Atlanta warehouse filled with dildos and dirty magazines. Decades later, an imprisoned Thevis, self-made millionaire and so-called “Scarface of Sex,” would give a piece of advice: “Make as much money as you can, but…

Uber admits it underpaid New York drivers tens of millions of dollars

May 24, 2017 |

Uber on Tuesday admitted to underpaying its New York City drivers tens of millions of dollars for the last 2 1/2 years.

“We are committed to paying every driver every penny they are owed — plus interest — as quickly as possible,” Uber executive Rachel Holt said in a statement. “We are working hard…

L.A. Times – Business


Millions flee South Sudan to escape death

May 19, 2017 |

Almost one million refugees from South Sudan have entered Uganda trying to escape famine and targeted killings. CNN’s Farai Sevenzo reports. – RSS Channel – World


Travis Scott Sued by Ex-Managers for Millions in Unpaid Fees

May 3, 2017 |

6:15 PST — Sources close to Travis tell us the rapper signed the deal in good faith — thinking if he held up his end of the contract, so would Lyor Cohen’s LCAR — however, that wasn’t the case. We’re told Travis felt he was managing his own…


Millions stolen in ‘robbery of the century’

April 26, 2017 |

Dozens of gunmen detonated explosives and set vehicles on fire as they stormed a private security firm in Paraguay, taking millions of dollars and sparking a violent police chase into Brazil. – RSS Channel – Regions – Americas