Bitconnect is being sued yet again, according to a document filed today with the US District Court of Northern California. This lawsuit, to the best of our knowledge, is the sixth brought against the company since its abrupt closure in mid-January. On its face a crypto exchange and lending venture, Bitconnect was widely consideredâeven among the often pie eyed digital token enthusiast …
Fyre Festival wasn’t just a disaster, it was a total fraud that organizers knew for weeks would end in a “post apocalyptic nightmare” — but went ahead in hopes of a big payday, according to the latest legal filing against the creators of the event. An amended lawsuit, filed Monday in federal court in California and acquired by Mashable (below), goes so far as to liken Fyre to a “Ponzi scheme.” …
Government sub-contractor agrees to settle whistleblower allegations of false claims and defective rebar meant for construction of nuclear waste facility. DALLAS, TX and ATLANTA, GA — Energy & Process Corporation (E&P) has agreed to pay the United States $4.6 million to settle whistleblower allegations that the company provided defective rebar for the construction of a government-owned nuclear …
Michiganders who say they were falsely flagged for unemployment fraud by the Michigan Unemployment Insurance Agency computer system are going after the state contractors who provided the technology in a federal lawsuit. “They are the businesses that got paid millions of dollars…. to design and implement the systems that we know positively, unequivocally failed in what they were …
A federal judge in Houston has thrown out a lawsuit accusing UBS Group AG of hiding fraud by its client Enron Corp from retail customers, a decision that may end a 15-year legal battle stemming from the energy company’s December 2001 bankruptcy. In a 228-page decision on Tuesday, U.S. District Judge Melinda Harmon said UBS PaineWebber brokerage customers failed to …
The Michigan Unemployment Insurance Agency on Thursday agreed to a series of broad policy reforms as it settled a federal lawsuit stemming from the state’s past reliance on an automated computer system that made more than 20,000 false fraud claims against residents over a nearly two-year span. U.S. District Court Judge Robert H. Cleland signed an order …
Michigan’s Unemployment Insurance Agency has settled a lawsuit in which it was sued for using an automated computer system that falsely accused thousands of people of fraud. The suit was dismissed Thursday by U.S. District Judge Robert Cleland under an agreement …
Cleveland Browns owner Jimmy Haslam was questioned under oath Tuesday by attorneys for two trucking companies over his role in an alleged fuel rebate fraud scheme involving his Knoxville-based truck stop chain. In a videotaped deposition, attorneys for the trucking companies are seeking to discover what Haslam knew about the alleged fraud. Sources say it’s possible the deposition …
Less than two months after children came down with serious infections after dental procedures at Children’s Dental Group’s Anaheim clinic, a new lawsuit accuses the dental clinic of fraud and medical malpractice. In the past two months, 57 children have been treated for serious infections and abscesses in their mouths and necks. The children developed infections after …
The Democratic National Committee is accusing the Republican Party of coordinating to intimidate voters. And it’s taking the GOP to court. The DNC filed a lawsuit against the Republican National Committee on Wednesday night , alleging that the GOP was violating a 34-year-old court order that bars the RNC from using “voter fraud” as an excuse to suppress votes.