As part of his plea agreement, Mullins will forfeit $600,000 to the United States and make a $600,000 restitution payment to the SBA.
behavioral economics
Biden Pledged to Crack Down on Corporate Crime — But Prosecutions Hit Record Low
Out of the over 4,000 federal white-collar prosecutions last year, only 31 defendants were businesses or corporate entities — less than 1%.
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.”
House Dems Quietly Granted Themselves $34,000 Per Member Subsidy for Travel Expenses
The increase is aimed at helping members defray the costs of maintaining secondary housing in DC, where living costs are among the highest in the United States.
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.”
Two Children, Mother Freeze to Death in Tragic Failure of Mental Health System
The tragedy was described as a “breakdown of our mental health system in America” by the County Sheriff, who stated that mental health providers don’t have sufficient resources.
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.
Economic Left 