Author Archives: Site Administrator
Federal criminal justice reform is now law: What comes next?
U.S. Supreme Court Justice Louis Brandeis in the 1932 New State Ice Co. v. Liebmann decision stated that state governments “may, if its citizens choose, serve as a laboratory; and try novel social and economic experiments without risk to the rest of the country.” Perhaps Justice Brandeis stated more than he knew at the… Read More »
Florida Felons Rejoice After Regaining Their Right to Vote
ORLANDO, Fla. (AP) — The normally humdrum bureaucracy of registering to vote brought tears to the eyes of some Floridians on Tuesday when most felons regained their right to vote under a state constitutional amendment. “I’ll be a human being again. I’ll be an American citizen again,” Robert Eckford said, choking up and weeping… Read More »
Are Muslim-owned accounts being singled out by big banks ?
MIAMI – Two days before a trip back to the Middle East to visit elderly parents this summer, Rami Abboud was interrupted by an assistant. Bank of America was calling and needed information. The well-connected Miami businessman waved off the call, yet the assistant returned. The bank threatened to close his account if he… Read More »
4 men indicted in connection to Panama Papers investigation
Four men connected to the Panama Papers investigation have been indicted for their roles in allegedly defrauding the US government through international money laundering and wire fraud associated with Panamanian law firm Mossack Fonseca, the Justice Department announced Tuesday. The Panama Papers, revealed in April 2016, consisted of more than 11 million documents connecting… Read More »
Bitcoin and Cryptocurrency Litigation
Bitcoin and other cryptocurrencies are gaining more attention as days pass. Aside from the advantages that cryptocurrencies have like anonymity and easy international transactions, people are enticed by the fact that it can become a good investment. Apart from trading bitcoins for cash, you can also use bitcoins to buy gift cards, book flights,… Read More »
Arizona man sentenced for misusing $1.1 million in cryptocurrency
A man from Phoenix has been sentenced for misappropriating more than $1 million worth of cryptocurrencies, the first prosecution in Chicago of the cryptocurrency trading industry. Prosecutors say 24-year-old Joseph Kim worked as a trader at Consolidated Trading, LLC in Chicago, where he traded Bitcoin and Litecoin. Authorities say over two months in the fall… Read More »
Over 1 Million Florida Felons Win Right To Vote With Amendment 4
In a key ballot initiative, Florida will restore voting rights to citizens convicted of certain felonies after they have served their sentences, including prison terms, parole and probationary periods, AP has projected. Voting rights will not be restored to those convicted of murder or felony sexual offenses. Approximately 1.5 million people are currently barred from voting… Read More »
Two Goldman Sachs Bankers Charged In Malaysian Financial Scandal
The Justice Department has brought criminal charges against two former Goldman Sachs bankers and a Malaysian financier in connection with the financial scandal known as 1MDB, which involved the misuse billions of dollars in Malaysian government funds. In the indictment unsealed by a federal court Thursday, prosecutors accuse former Goldman Sachs banker Ng Chong Hwa and… Read More »
Stryker to pay $7.8 million fine to SEC for FCPA violations
Stryker SYK, -0.58% was fined $7.8 million by the Securities and Exchange Commission for what the agency said was the second Foreign Corrupt Practices Act action against the medical devices company. According to the SEC, Stryker’s internal accounting controls were not sufficient to detect the risk of improper payments in sales of products in… Read More »
