Scammer Drains $1,400,000 From Elderly Widow As JPMorgan Chase, Bank of America, Wells Fargo and Other Financial Giants Sit and Watch: Report

JPMorgan Chase, Bank of America, Wells Fargo and other US financial giants reportedly failed to stop a scam that wiped out an 85-year-old woman’s life savings. Annette Manes, a widowed…

Continue ReadingScammer Drains $1,400,000 From Elderly Widow As JPMorgan Chase, Bank of America, Wells Fargo and Other Financial Giants Sit and Watch: Report

Judge Denies Kraken’s Request To Dismiss SEC Claims Alleging the Exchange Operated As Unregistered Securities Broker

A judge shot down Kraken’s request to dismiss claims made by the U.S. Securities and Exchange Commission (SEC) alleging the exchange violated securities laws. Last November, the SEC charged Kraken with…

Continue ReadingJudge Denies Kraken’s Request To Dismiss SEC Claims Alleging the Exchange Operated As Unregistered Securities Broker

Police Take $43,000 Cash From Jewelry Business Under Controversial Law Allowing Warrantless Money Seizures: Report

A small business run by a husband-and-wife duo is reportedly out $43,000 after police decided to seize a cash transfer sent to them through FedEx. Henry and Minh Cheng, who…

Continue ReadingPolice Take $43,000 Cash From Jewelry Business Under Controversial Law Allowing Warrantless Money Seizures: Report