Author: News Desk

The US Attorney’s office at the Southern District of New York said in a statement late Thursday that Bankman-Fried perpetrated one of the biggest financial frauds in American history — a multibillion-dollar scheme designed to make him the ‘King of Crypto’.A New York jury found Bankman-Fried (31) guilty of two counts of wire fraud conspiracy, two counts of wire fraud, and one count of conspiracy to commit money laundering, each of which carries a maximum sentence of 20 years in prison.He was also convicted of conspiracy to commit commodities fraud and conspiracy to commit securities fraud, each of which carries…

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What was meant to be an intermediate step on the way to the Bundesliga clash against the Black and Yellows became an unpleasant DFB-Pokal knockout, triggering debate about the Bavarians’ condition, reports Xinhua.Questions and doubts arose as the reigning German champions suffered a painful midweek exit in the second round of the Cup against third-tier Saarbrucken.The question of who is to blame seems to deliver several answers.The poor performance, Thomas Tuchel’s line-up, and most players’ hasty getaway into the dressing room without greeting the fans seemed to be the most pressing issues.Did Tuchel choose the wrong line-up by leaving cornerstones…

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The statement has assumed importance against the backdrop of Chief Minister Siddaramaiah claiming that he will continue in the post for a full term of five years.Speaking to reporters at Hubballi on Friday, when asked about the dissidence within the party, Shivakumar in turn asked the media where is disgruntlement in the Congress party?”The disgruntlement is in BJP and due to this they are not able to select candidates for key posts,” he stated.”You (media) are not questioning this. Have you ever seen the development of not appointing the leader of the opposition even after five or six months of…

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Put takes over from Milutin ‘Micho’ Sredojevic who left the role in September, reports Xinhua.Put was unveiled during a press briefing at the FUFA Complex in Kampala. FUFA president Moses Hassim Magogo confirmed that the Belgian has signed a two-year contract.Magogo also made it clear that Put will be allowed to appoint his own backroom staff. “He will work with five people from Belgium, but Ugandans will also have a chance to be part of the backroom staff,” he said.”I first of all want to thank the FUFA for the trust and confidence in giving me this job. I believe…

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Sushmita Sen is one actress who got a wonderful opportunity to showcase her acting skills on the OTT platform with her show ‘Aarya’. The team has had two wonderful seasons and now they are back with its third season which was released onNovember 3 on Disney+Hotstar. The actress spoke about the show coming with its third season, what impact it has had on her filmography and much more.Talking about what impact has Aarya had on her filmography she said, “Everything. I had an institution like Ram Madhvani teaching me not over 40 days of one film but 60-60-60 days of…

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Relinquishing his captaincy at the end of the previous season, the 34-year-old scored his 165th goal in the Black and Yellows’ jersey during the German Cup match against Hoffenheim, preparing for his 400th appearance for BVB against the Bavarians.Following a turbulent last season, the striker has recovered his form, securing a spot in the starting 11 eight times in recent matches.Embarking on his 12th season with Borussia Dortmund, Reus has moved past last year’s dip in form, which was complicated by injuries and inconsistent performances, reports Xinhua.Approaching the twilight of his career, the German international is now solely focused on…

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Justice Vaidyanathan was appointed as a judge of the Madras High Court in October 2013. He is the senior most puisne Judge in his parent high court.Before his elevation as a judge, he got enrolled at the Bar in 1986 and practised at the Madras High Court and various Tribunals. His area of practice was labour, service, criminal and company matters.The SC Collegium noted that during his tenure of 10 years as a judge of the high court, he authored 1219 reported judgments, of which 692 were delivered during the last 5 years.“He has acquired considerable experience in dispensing justice…

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The student, Anjali Sahu, hung herself hours after her father was summoned by the school teacher and told that his daughter had become addicted to gutka.The incident took place on Thursday.“The school authorities said that she would not be allowed to attend classes till she gave up the habit. Minutes after the girl returned home with her father, she locked herself in her room. An hour later when the family members found the doors of her room locked from inside, they broke open the doors and found her body hanging from the hook of a ceiling fan,” the girl’s father…

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Abhishek Srivastava, 36, was given a three-year jail term for duping several banks by taking loans on fake documents.He is accused of cheating multiple banks and securing loans on forged documents to the tune of Rs 2.87 crore.This also happens to be the first case of conviction in a PMLA case in Uttar Pradesh.Special Judge, (Money Laundering Act), Ajay Vikram Singh, on Thursday pronounced the sentence for Abhishek Srivastava a.k.a. Rishi Saxena. The court also imposed a penalty of Rs 1 lakh.The court has also ordered to acquire the properties worth Rs 2.87 crore attached by ED in favour of…

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Indian national Chintan Anjaria pleaded guilty on Monday before US District Judge Michael E. Farbiarz in the Newark federal court to an information charging him with conspiracy to violate the Federal Anti-Kickback statute and conspiracy to commit health care fraud.According to court documents, from February 2017 to May 2022, Anjaria participated in a kickback and bribery scheme with orthotic brace supply companies, telemedicine companies, and testing laboratories, resulting in the submission of false and fraudulent claims to Medicare.Anjaria controlled a marketing company in India through which he and his conspirators identified Medicare beneficiaries to target for orthotic braces and cancer…

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