Legal & Regulatory
National Rifle Association's EX-CFO Faces $2M Fine and 10-Year Ban for Misspending Gun Rights Money
Wilson Phillips, the NRA’s former finance chief, has been banned from managing finances for any nonprofit in New York for the next decade and owes $2 million in damages for his role in misspent gun rights money.
Chinese Woman Returns $310,000 Mistakenly Transferred Through Alipay
In China, a woman named Wang from Xuchang, Henan, returned 2.26 million yuan ($310,000) mistakenly transferred to her via Alipay, despite initial suspicions of a scam.
Fisker Recalls 12,000 Ocean EVs Over Faulty Door Handles on Top of Bankruptcy
Fisker Automotive Inc. is recalling over 12,000 Ocean electric vehicles worldwide due to faulty door handles. This is the company's third recall this month as it faces ongoing investigations by the NHTSA.
Los Angeles Man Sentenced to 4 Years in Prison for Laundering Over $15 Million for Drug Traffickers
A Los Angeles man was sentenced to four years in prison for his role in laundering over $15.5 million for international drug traffickers.