Nikola Tries to Ignite Market for Its Hydrogen Fuel-Cell Trucks

As Nikola Corp.’s NKLA -1.40% founder stands trial on securities-fraud charges, a revamped management team is pushing to make the company the first to market hydrogen-powered commercial trucks in the US—and to overcome production and credibility challenges that have weighed on its shares. The seven-year-old company’s first battery-powered electric trucks rolled off the assembly line … Read more

Biggest Cases Of Welfare Fraud In US History

Former NFL star Brett Favre is currently under investigation for an alleged multimillion-dollar welfare fraud scheme in Mississippi. The Onion looks back at the biggest cases of welfare fraud in US history. 1798: Thomas Jefferson uses his political influence to acquire 10 slaves earmarked for distribution among the poor. 1860: Pony Express commits massive corporate … Read more

St. Louis Man Stole More than 2,000 Items From Home Depot | St. Louis Metro News | St. Louis

click to enlarge Google Maps A Home Depot location in St. Louis. A north county man who stole more than 2000 items from various Home Depot locations was sentenced to nine years in prison in federal court in St. Louis yesterday. From 2017 to 2021, Xavier Brown, of Vinita Park, routinely shoplifted items from the … Read more

Inigo Philbrick Colleague Robert Newland Pleads Guilty to a Count of Conspiracy to Commit Wire Fraud

Robert Newland, a former colleague of disgraced art dealer and convicted fraudster Inigo Philbrick, pleaded guilty to a count of conspiracy to commit wire fraud last week in connection with Philbrick’s crimes, The Art Newspaper reports. “Robert Newland conspired with Inigo Philbrick to take advantage of the lack of transparency in the art market to … Read more

New York Attorney General Sues Trump Family For Business Fraud

New York’s Attorney General filed a lawsuit accusing former President Donald Trump and three of his grown children of flagrantly manipulating property valuations to deceive lenders and to reduce their tax liability. What do you do you think? “I wish I had taken more time to commit tax fraud with my dad before he passed … Read more

Former director of Mississippi’s welfare agency pleads guilty in fraud case

Ex-official pleads guilty in welfare scandal Ex-official pleads guilty in Mississippi welfare scandal 00:21 A former director of Mississippi’s welfare agency pleaded guilty Thursday to new federal charges in a conspiracy to misspend tens of millions of dollars that were intended to help needy families in one of the poorest states in the US — … Read more

U.S. Attorney’s Office charges 47 in “largest pandemic fraud in the United States”

  12m ago READ: Full indictment in United States v. Aimee Marie Bock, et al Click below to read the full indictment in the case against Feeding Our Future founder Aimee Marie Bock, and 13 others. Feeding Our Future took millions in federal money in 2020. The money was supposed to be used to feed … Read more

Nikola CEO Tells Jurors He Worried About Exaggerations by Company Founder Trevor Milton

Nikola Corp. CEO Mark Russell told a New York federal jury Monday that he had concerns about joining the electric-truck company because he believed its founder, Trevor Milton, “was prone to exaggeration in public statements.” Testifying in Mr. Milton’s securities-fraud trial, Mr. Russell said that before coming on board in 2019 as president of Nikola, … Read more

She called herself the Mother Teresa of Florida small-business lending, but investigators say she was really running a $194 million Ponzi scheme

Johanna Garcia claimed her merchant cash-advance business was so helpful to small businesses in Florida that she was like the Catholic saint Mother Teresa. But to the 15,400 investors who sank $194.1 million into MJ Capital Funding, the lender Garcia launched with her partner, Pavel Ramon Ruiz Hernandez, it was simply a Ponzi scheme, federal … Read more