May 16, 2025

rhode island

Investment

Feds accuse man in alleged investment scheme to pay for luxury lifestyle

Federal authorities are accusing the owner of a Providence-based investment company in what they claim “has many hallmarks of a Ponzi scheme.” The Securities and Exchange Commission filed the complaint against former Marine Christopher Aubin and his company Anchor State Capital, previously Anchor State Investments. The feds claim Aubin, 30, of Walpole and previously Lincoln,

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Funds

Neronha co-leads lawsuits against DHS, DOT for illegal conditions placed in federal funds

(WJAR) — Rhode Island Attorney General Peter Neronha announced he is co-leading a coalition of attorneys general in two lawsuits against the Trump administration agencies. According to Neronha, the lawsuit claims the administration is illegally imposing immigration conditions on billions of federal funding appropriated by Congress to support emergency services and infrastructure projects. The coalition

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Funds

RI federal judge orders FEMA to unfreeze disaster funds. What comes next?

PROVIDENCE – A federal judge in Rhode Island directed the Federal Emergency Management Agency on Friday to comply with a previous court order and release funds to states that filed suit against the administration of President Donald Trump. U.S. District Court Chief Judge John J. McConnell Jr. granted a request from 23 Democratic states, including

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Funds

McKee insists on staff raises as state loses $31M in federal grants

See legislators rally for ‘just cause’ evictions bill at the statehouse Legislators and tenants describe why just cause eviction protections are needed in Rhode Island. Rhode Island Gov. Dan McKee is facing criticism for his plan to give raises to members of his Cabinet. Critics, including House Speaker Shekarchi and Senate Republicans, argue that the

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