Three investors who backed a Donald Trump-focused acquisition vehicle called Digital World Acquisition Corp. were charged in Manhattan federal court Thursday with insider trading, accused of exploiting business secrets about a Trump media company to make $22 million, as part of a four-indictment securities fraud crackdown.
A former Ericsson executive avoided prison Wednesday at a New York sentencing where a federal judge was told that his extensive cooperation led to over $1.2 billion in penalties against the telecom giant and could still see him testify against an ex-colleague.
A Florida man who styled himself the "Wolf of Airbnb" before being charged with scamming New York City landlords in an illegal effort to build a room-share empire admitted to a count of fraud Monday in Manhattan and agreed to forfeit $1.7 million.
By Pete Brush (June 23, 2023, 6:14 PM EDT) A Manhattan federal judge sentenced an aspiring web developer Friday to five years in prison for his 18-month…
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