Out of the over 4,000 federal white-collar prosecutions last year, only 31 defendants were businesses or corporate entities — less than 1%.
Business
Amazon Under Fire for “Fraudulent Scheme” to Play Down Hazardous Working Conditions
Amazon CEO Andy Jassy has allegedly cited misleading statistics, claiming that Amazon’s injury rate is “sometimes misunderstood.”
Musk Faces Billions in Damages as Trial Over “False and Misleading” Tweets Begins
Musk’s lawyers say that the words “funding secured” in his tweet were poorly phrased but explained they were merely his “informal, sporadic thoughts.”
Santos Ripped Off $3000 GoFundMe for Disabled Veteran’s Dying Service Dog
Santos claimed to run a charity called “Friends of Pets United” that claimed to save “thousands of dogs and cats,” but no such charity was ever registered.
Miss El Salvador Makes Bold Statement With Outlandish Bitcoin Costume
The costume may have been a way to promote cryptocurrency to a global audience — likely with the involvement of El Salvador’s president, Nayib Bukele.
Bill Gates Asked if it’s Even Possible to Have “Ethical Billionaires”
Gates says he “still wouldn’t ban anyone from being worth a billion,” even though he believes that the mega-rich need to pay higher tax rates.
Former McDonald’s CEO Charged with Fraud — Misleading Investors in Cover-Up
The SEC claims that Easterbrook knew his failure to disclose additional violations before his firing would influence McDonald’s disclosures to investors.
FTX Implosion Wipes Out Investments of Tom Brady, Model Gisele, and NFL Owner Robert Kraft
These investments, now virtually worthless, illustrate the catastrophic fall from FTX’s peak valuation of around $32 billion.
Art Gallery Owner Sprays Down Unhoused Woman on Sidewalk in Viral Video
People are outraged by the cruelty of the art gallery owner — casually leaning on a railing while hosing down the woman — especially given the freezing temperatures.
Tesla’s Autopilot Allegedly Causes 8-Car Pile-Up, Sending Child to Hospital
The driver told the CHP that their Tesla’s “full self-driving” mode was responsible for the crash, which injured nine and sent a child to the hospital.
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