crime
New York (AFP) - Archegos founder Bill Hwang will go on trial Monday for alleged securities fraud and market manipulation, prosecutors said, following the fund's spectacular 2021 implosion that cost large banks billions of dollars. The family-owned hedge fund run by Hwang had taken huge bets on a few stocks with money borrowed from banks, and when several of those bets turned sour, the fund was unable to meet "margin calls" to cover the losses. The 2021 collapse of the fund sent shock waves through financial markets and caused $10 billion in losses for Credit Suisse, Nomura, Morgan Stanley an...
AFP
German Chancellor Olaf Scholz has called on citizens to take a stance against violence following a series of attacks on politicians in the lead-up to the European elections in June. "Violence threatens democracy, and that is why we must stand together as citizens against it," the Social Democrat told around 180 guests at a talk organized by German media organization Redaktionsnetzwerk Deutschland (RND) in Potsdam near Berlin on Saturday. The chancellor's comments come following a brutal attack on the Social Democratic Party's (SPD) leading candidate for the European elections in the state of S...
DPA International
German Chancellor Olaf Scholz has called on citizens to take a stance against violence following a series of attacks on politicians in the lead-up to the European elections in June. "Violence threatens democracy, and that is why we must stand together as citizens against it," the Social Democrat told around 180 guests at a talk organized by German media organization Redaktionsnetzwerk Deutschland (RND) in Potsdam near Berlin on Saturday. The chancellor's comments come following a brutal attack on the Social Democratic Party's (SPD) leading candidate for the European elections in the state of S...
DPA
German Chancellor Olaf Scholz has called on citizens to take a stance against violence following a series of attacks on politicians in the lead-up to the European elections in June. "Violence threatens democracy, and that is why we must stand together as citizens against it," the Social Democrat told around 180 guests at a talk organized by German media organization Redaktionsnetzwerk Deutschland (RND) in Potsdam near Berlin on Saturday. The chancellor's comments come following a brutal attack on the Social Democratic Party's (SPD) leading candidate for the European elections in the state of S...
DPA Breaking News
Trevor Bickford, the man who carried out a machete attack in New York City's Times Square during 2022's New Year's Eve celebration, was sentenced to 27 years in prison on Thursday, May 9. Bickford, 20, pleaded guilty in January to slashing three New York City police officers in an attack inspired by Islamic extremism, according to the U.S. Attorney's Office for the Southern District of New York. The Maine native faced up to 120 years in prison if he had received the maximum consecutive sentences for the six charges to which he pleaded guilty. “Inspired by radical Islamic extremism, Trevor Bick...
Knewz
Trevor Bickford, the man who carried out a machete attack in New York City's Times Square during 2022's New Year's Eve celebration, was sentenced to 27 years in prison on Thursday, May 9. Bickford, 20, pleaded guilty in January to slashing three New York City police officers in an attack inspired by Islamic extremism, according to the U.S. Attorney's Office for the Southern District of New York. The Maine native faced up to 120 years in prison if he had received the maximum consecutive sentences for the six charges to which he pleaded guilty. “Inspired by radical Islamic extremism, Trevor Bick...
Knewz (UK)
Trevor Bickford, the man who carried out a machete attack in New York City's Times Square during 2022's New Year's Eve celebration, was sentenced to 27 years in prison on Thursday, May 9. Bickford, 20, pleaded guilty in January to slashing three New York City police officers in an attack inspired by Islamic extremism, according to the U.S. Attorney's Office for the Southern District of New York. The Maine native faced up to 120 years in prison if he had received the maximum consecutive sentences for the six charges to which he pleaded guilty. “Inspired by radical Islamic extremism, Trevor Bick...
Knewz (CA)
Tijuana (Mexico) (AFP) - The bodies of two Australian surfers murdered in Mexico were taken to the United States on Thursday to be delivered to their relatives for the long journey home. The funeral home transporting the remains of brothers Jake and Callum Robinson, who were aged 30 and 33 respectively, confirmed that they had been transferred from Tijuana to San Diego where their parents were waiting. The body of their 30-year-old American friend Jack Carter Rhoad, who was also murdered, was in the care of another funeral company. The tourists had been camping in a remote beachside area in vi...
AFP
The man, who was attempting to gain access to the property around 2pm, Wednesday, was detained under the Mental Health Act, according to reports. The arrest comes just one day after a shooting carried out at the rapper’s property left a security guard “seriously injured”. The drive-by incident happened around 2am, Tuesday, in the affluent Bridle Path neighbourhood of Toronto. Drake, Adele and more return to TikTok as Universal strikes licensing deal The unidentified assailant - who remains at large - was reportedly seen leaving the area in a vehicle. Witnesses told Canadian media that the secu...
Euronews (English)
Japan's once-mighty Yakuza, notorious figures in organised crime, has seemingly fallen on hard times. Tokyo police recently arrested a high-ranking member of the Takinogawa gang, part of the country's second-largest yakuza syndicate, the Sumiyoshi-kai. His crime? Stealing Pokémon cards. Yakuza, the Japanese equivalent of gangsters or mafiosos, was once a powerful force in organized crime. Their membership peaked in the 1960s at over 180,000. In 2013, US regulators assisted Japan in cracking down on the Yakuza by targeting their finances. The recent arrest shatters the media stereotype of the Y...
IBTimes
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