June 26, 2025

courts

Loans

Morrison man sentenced to federal prison for fake PPP loans

A Morrison man was sentenced to nearly four years in prison after he illegally obtained two Paycheck Protection Program loans during the COVID-19 pandemic, federal officials announced Tuesday. Richard Nieto, 39, took a deal and pleaded guilty last month to wire fraud and money laundering in federal court, according to court records. The plea deal

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Crypto

NYC crypto kidnapping accuser allegedly seen in photos on days he says he was captive

NEW YORK (AP) — A man who says he was kidnapped by two crypto investors for his Bitcoin was seen in photos and videos “laughing and smiling” and moving about Manhattan freely during the days he claimed he was held captive and tortured, lawyers for the two suspects said in court Wednesday. William Duplessie, 32,

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Funds

NPR sues Trump administration for withholding congressionally appropriated funds

National Public Radio filed suit against the Trump administration on Tuesday for its move to withhold funds approved by Congress. NPR filed the suit along with three Colorado public radio stations in response to President Donald Trump’s executive order to end funding for NPR and PBS, the Public Broadcasting Service. The lawsuit states the Trump

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Finance

Martin Lewis urges people to put car finance claim in before ruling due in July

Any compensation payout will be made automatically, but the consumer champion urged people to ‘get ahead of the queue’. 10:22, 21 May 2025Updated 11:12, 21 May 2025 Martin Lewis presenting a summer special of Money Show Live from Bristol.(Image: ITV) The Martin Lewis Money Show Live returned to TV screens on Tuesday for an hour-long

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Investment

Elon Musk’s pullback from politics comes after his last big investment was a flop

Democrats in the swing state said Musk’s comments show that a party-led effort in this spring’s election, dubbed ” People vs. Musk, ” succeeded in making Musk and his money “toxic.” “The people have won,” said Wisconsin Democratic Party Chairman Ben Wikler. “The biggest funder in Republican politics is taking his toys and going home.”

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Funds

Ex-San Diego surrogacy consultant sentenced for stealing client funds – San Diego Union-Tribune

The former owner of a trio of San Diego businesses that provided surrogacy consulting services to prospective parents was sentenced Friday to two years in prison for stealing money from her clients. Lillian Arielle Markowitz, 40, who owned My Donor Cycle, Surrogacy Beyond Borders and Expecting Surrogacy, pleaded guilty to taking hundreds of thousands of

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Funds

Caltrain employee guilty of using public funds to build secret apartment in train station – The Mercury News

REDWOOD CITY – A jury on Wednesday found a former Caltrain deputy director guilty of embezzling public funds to build a personal “crash pad” in a historic Burlingame train station, declining the defense’s argument that his supervisor had given him permission to put the funds toward renovating the apartment and residing there while working 80-hour

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Finance

Ohio finance influencer federally charged in $11 million Ponzi scheme

Top headlines of the week, April 25 2025 Here are some stories you may have missed this week in central Ohio. Social media finance influencer Tyler Bossetti, 31, of Columbus, faces federal charges for allegedly defrauding investors of over $11 million. Bossetti promised high returns on investments for property flipping but federal prosecutors say he

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Funds

Trump Administration Sued by Harvard in Federal Court Over Frozen Funds

Harvard University announced Monday that it is suing the Trump administration in federal court, seeking to block a freeze on more than $2.2 billion in research grants. The move follows Harvard’s refusal to comply with a series of sweeping demands from the administration, which included limiting campus activism, altering admissions policies, and restructuring university governance.

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Funds

Wisconsin DHS to release COVID-era funds targeted for cancelation

In a reversal from statements a day prior, the Wisconsin Department of Health Services now says it will release COVID relief funds that President Donald Trump’s administration sought to cancel, in the wake of a federal judge’s order temporarily restoring the funds. Late last month, the U.S. Department of Health and Human Services canceled around

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