A pair of men are facing federal conspiracy charges after investigators say they staged armed robberies in Massachusetts to help the so-called “victims” apply for and obtain immigration benefits. Rambhai Patel, 36, and Balwinder Singh, 39, both of New York, are each charged with one count of conspiracy to commit visa fraud, according to the […]
Tag: Feds
Ohio among the largest drops in children enrolled in Medicaid, feds say
Dec. 28—Health and Human Services’ top executive is concerned with the number of children in Ohio that have been dropped from Medicaid or the Children’s Health Insurance Program. Ohio is among nine states that have seen large increases in children enrollment drops in the past year, the U.S. Department of Health and Human Services says, […]
The feds charged ‘James Bond’ actor Pierce Brosnan with trespassing into a restricted area of Yellowstone mountain range
The feds say Pierce Brosnan snuck into a restricted area in Yellowstone National Park. It’s considered a “petty offense,” per the court docket. We hope he enjoyed the mammoth terraces area. James Bond has a habit of sneaking into places he shouldn’t be. Every once in a while, he gets caught. On Tuesday, federal prosecutors in […]
UPS worker is told he’s a ‘liability’ due to his diabetes — then gets fired, feds say
A newly hired UPS employee was fired after his first two shifts at a Florida warehouse because of his diabetes, according to a federal disability discrimination lawsuit. He worked as a package handler “without any issues” — before a human resources supervisor told him “he was a liability to the company,” due to his disability, […]
A default cycle has started amid the Fed’s high interest rates, economists say. These 4 charts explain how severe it is.
Bankruptcy Court. Dayton, Ohio.Getty Images A default cycle has started, spurred by high rates and debt costs, economists at Apollo Management said. Data on default rates and bankruptcy filings show just how severe the situation is. “It is the direct consequence of Fed hikes. The Fed is trying to slow the economy down.” The credit […]
NC man stole military members’ identities, including one deployed overseas, feds say.
An Indian Trail man is accused of stealing the identities of military members and renting cars and apartments and opening bank accounts in their names, federal prosecutors said this week. Shabazz Emmanuel McCarthan, who is 38, allegedly obtained at least $250,000 in goods through his scheme and damaged the military members’ credit, including at least […]
Man emails FBI, threatening to ‘unabomb’ office, go on ‘mass murder spree,’ feds say
A man accused of repeatedly emailing the FBI, threatening to “unabomb” the agency’s office and go on a “mass murder spree,” was arrested at his home Dec. 21, officials say. Mark William Anten, 52, of Sun Valley, California, made references to the “Unabomber” and threats against the FBI’s Los Angeles Field Office in Westwood in […]
US stocks edge higher as Fed’s favored inflation gauge cools
US stocks edged forward on Friday following the release of the Federal Reserve’s preferred inflation reading, which showed pricing pressures cooled in November. The Dow Jones Industrial Average (^DJI) slipped just under the flatline. The benchmark S&P 500 (^GSPC) gained about 0.3%, while the tech-heavy Nasdaq Composite (^IXIC) advanced almost 0.4%. Despite the recent pause […]
Feds raided Rudy Giuliani’s home and office in 2021 over Ukraine suspicions, unsealed papers show
NEW YORK (AP) — A 2021 federal raid on Rudy Giuliani’s home and office was spurred by suspicions that the former New York City mayor had sought the removal of the U.S. ambassador to Ukraine partly because of the prospect of a financial reward from a Ukrainian official, according to documents made public Tuesday. The […]
Man forced migrants to work on farms and raped 16-year-old he kidnapped twice, feds say
A man forced migrants from Guatemala to work on farms in New York and raped a 16-year-old Guatemalan migrant, whom he’s accused of abducting twice, federal prosecutors said. Augusto Mateo Francisco, 32, of Dunkirk, is facing forced labor, sex trafficking and kidnapping charges, the U.S. Attorney’s Office for the Western District of New York announced […]
The Fed’s shrinking balance sheet is worrying a key corner of US financial markets
(Bloomberg) — As markets staged a monster rally following the Federal Reserve’s shift toward loosening monetary policy, one corner of the financial system had reason to remain on edge. Most Read from Bloomberg For participants in the overnight funding markets — a key conduit for bank borrowing and linchpin for determining interest rates — Wednesday’s […]