The shipment of Kit Kats, which included popular flavors such as melon, matcha latte and daifuku mochi, cost US $110,000. "You can fit a lot of Kit Kats in two containers," said Taing. These particular Kit Kats have become the protagonists of a frustrating saga, with fake email accounts, phantom truck drivers, supply chain fraud and a deeply misguided freight broker.
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Although tax filing season is months away, the window to make timely tax-saving moves is closing. In most cases, you must act by Dec. 31 to apply any tax savings to your 2023 federal income tax return. The standard deduction in 2023 is $13,850 for single filers and $27,700 for married couples filing a joint return.
Americans now owe $1.08 trillion on their credit cards after racking up a collective $48 billion in new spending during the third quarter of 2023, according to a recent report on household debt from the Federal Reserve Bank of New York. Credit card balances spiked by $154 billion year over year, notching the most significant increase since 1999, according to…
WASHINGTON, D.C.— The United States Department of Justice says a Huntsville man and two Florida men were sentenced on Tuesday for a $54 million bribery and kickback scheme. He and two other defendants are said to have billed TRICARE, a federal program that provides health insurance benefits to active duty and retired service members and their families, over $54…
House Speaker Cameron Sexton has been pushing to give a TennCare contract to health care provider Centene. Tennessee's Fiscal Review Committee opted not to add Centene.(Photo: John Partipilo)Tennessee extended its three contracts for the state’s multibillion-dollar Medicaid program after it was delayed a month by state House Republicans. Members of the House GOP prevented the…
Gerry Matthews, brother of developer Robert V. Matthews, pleaded guilty to conspiring to commit wire fraud in the Palm House-related criminal case.
BOSTON— For more than 2.4 million Massachusetts residents, the federally mandated redetermination process, the review of income and other eligibility requirements to qualify for state-subsidized health insurance, started with the receipt of a blue envelope sometime since April. Inside are key questions that determine whether they are eligible to…
STAT+: UnitedHealth pushed employees to follow an algorithm to cut off Medicare patients’ rehab care
UnitedHealth executives pressured clinical staff to follow an algorithm to cut off patients’ rehab care, leading to coverage decisions that may violate Medicare regulations.
The probabilities of a' soft landing' of the world's leading economy would be reinforced by the resistance shown in the face of stubborn inflation and the consequent increase in interest rates by the Federal Reserve to deal with it. These statements would coincide with annualized U.S. GDP growth of 4.9% in the third quarter, which would be well above the 2.1%…
Don Jr., 45, is the first witness brought by Trump's team of lawyers as they kick off their defense case in the $250 million fraud trial brought by New York Attorney General Tish James against ex-president Donald Trump, his adult sons and his company executives. Don Jr.' s testimony offered the first taste of how the defense will approach their six-week case, which is…
A national group of doctors gathered Sunday for a march in downtown Atlanta, pushing for the expansion of Medicaid, while also urging Wellstar Health System to donate the former Atlanta Medical Center site to the city. Some carried signs with tombstones of closed hospitals in Georgia, and others of the over 100 people in attendance chanted in support for a…
Irma Olguin, Jr. and Jake Soberal, who headed the Fresno- based startup Bitwise Industries, surrendered to authorities on charges they conspired to commit wire fraud and took millions of dollars from various businesses and individuals, the US attorney for the Eastern District of California announced. They are accused of fabricating bank statements, lying to…
Hong Kong Police arrested more than 200 people in an operation against online fraud whose victims included an 80- year-old woman who was swindled out of 9.1 million Hong Kong dollars. During the campaign, 265 complaints were registered from 328 victims aged between 19 and 80 who suffered losses of more than 180 million Hong Kong dollars, the South China Morning…
MIAMI- A 21- year-old college student living in Coral Gables, South Florida, is facing fraud charges for allegedly defrauding up to $3.5 million in a scheme. Matthew Frederic Bergwall, a student at the University of Miami, is accused of hacking into the account of an employee of a multinational shipping, receiving and freight management firm between December…
As he battles criminal prosecutors and civil suits in four jurisdictions, former President Trump is relying on three tactics: denounce, disrupt and delay. In New York last week, the former president was intent on disrupting the state's civil suit against him on allegations of financial fraud. "The judges are bending over backwards to avoid litigation over…
From Wall Street high roller to the orchestrator of one of the biggest investment frauds in history, Bernie Madoff 's name is synonymous with deception and greed as one of the largest financial fraud in US history. Once regarded as an icon in the financial world, Madoff's staggering fall from grace rocked the very foundations of the industry, leaving a trail of devastation in its…
About five years ago, Hurricane Michael hit the Florida panhandle with a fury— 160 mph winds, a storm surge of 14 feet and nearly a foot of rain. Almost every building in Mexico beach, Florida, was damaged by the 2018 storm, and 800 of them were destroyed, including most of the homes in Bonny Paulson's neighborhood. But not Bonny Paulson's house.
Edison's lawsuit accuses former employee Anthony DeAmorin of fraud and unjust enrichment for receiving wages and benefits without working.
High interest rates in the US are likely to continue for the next five years. This is the assessment of Jean Boivin, director of the BlackRock Investment Institute and former vice-president of the Bank of Canada, in an interview with the Financial Times at the end of last week. Between 2007 and 2023, the US debt quadrupled, from $8 trillion to $33 trillion.
