Elizabeth Lawrence USA TODAY Published 1:11 PM EDT Aug 11, 2019 Over the years, critics have described New York's Metropolitan Correctional Center – the site where disgraced financier Jeffrey Epstein died of an apparent suicide – as having inhumane conditions. Mexican drug lord Joaquin “El Chapo” Guzmán called the place "torture." “Since the government will send me to a jail where my name will not ever be heard again, I take this opportunity to say there was no justice here,” Guzmán said at his sentencing July 17. "It has been psychological and mental torture 24 hours a day." Guzmán, who was held at the MCC until his transfer on July 19, said he was completely cut off from sunlight and forced to drink unsanitary water. His lawyers complained on his behalf months earlier, saying the lights at night and noisy air conditioning made sleep almost impossible. Your … [Read more...] about Jeffrey Epstein suicide: Jail site draws complaints
Ponzi scheme new york
The day the Bidens took over Paradigm Global Advisors was a memorable one. In the late summer of 2006 Joe Biden’s son Hunter and Joe’s younger brother, James, purchased the firm. On their first day on the job, they showed up with Joe’s other son, Beau, and two large men and ordered the hedge fund’s chief of compliance to fire its president, according to a Paradigm executive who was present. After the firing, the two large men escorted the fund’s president out of the firm’s midtown Manhattan office, and James Biden laid out his vision for the fund’s future. “Don’t worry about investors,” he said, according to the executive, who spoke on the condition of anonymity, citing fear of retaliation. “We've got people all around the world who want to invest in Joe Biden.” At the time, the senator was just months away from both assuming the chairmanship of the Senate Foreign Relations Committee and launching his second … [Read more...] about The Biden family’s strange business history
A celebrated British art dealer has been jailed in the US on charges of defrauding his customers of up to $30 million (£25m) using works by artists including Picasso, Chagall and Signac, among others. Timothy Sammons, 63, apologised to his victims on Tuesday as he was sentenced to spend between four and 12 years behind bars. Sammons, who was extradited from the UK to the US in 2017, and has been in custody ever since, said he was “extremely sorry for the trouble I caused people.” The former Sotheby’s art dealer, who dealt in works by Pablo Picasso, Marc Chagall, Paul Gauguin, Amedeo Modigliani, and René Magritte, told the court: “It was not my intention to cause any grief at all. This wasn’t supposed to happen.” Sammons pled guilty on July 2 to 15 counts of grand larceny and fraud. His victims - at least four clients - were in New York, London and New Zealand, and the paintings involved included multiple famous works of art … [Read more...] about British art dealer jailed in US over £25 million fraud
Rebecca Morin USA TODAY Published 10:03 PM EDT Jul 24, 2019 WASHINGTON – Former money manager Bernie Madoff, who was convicted of masterminding the largest Ponzi scheme in history, is seeking to have his 150-year sentence reduced by President Donald Trump. Madoff has filed a petition for clemency with the Justice Department, according to the agency's website. It is unclear from the limited information available on the website when the petition was filed. It has a "pending" status. In 2009, Madoff pleaded guilty to 11 counts of financial crimes, including fraud, money laundering, perjury and theft, according to the New York Times. He has been serving his sentence at a federal prison in Butner, North Carolina. Throughout his tenure in office, Trump has rarely pardoned or granted clemency to those who applied through the Justice Department's established process via the department's Office of the Pardon Attorney. More: … [Read more...] about Bernie Madoff asks Doanld Trump to reduce 150-year sentence
Janna Herron and Kevin McCoy Published 6:01 AM EDT Jul 14, 2019 Who is Jeffrey Epstein? It turns out that the descriptor most used to identify him over the past decades – billionaire – may not even apply. But Epstein, who this week was charged with sex trafficking and sex trafficking conspiracy by federal prosecutors and has been linked to high-powered executives, politicians, and royalty, does have at least multi-millions tied up in real property. Assessing his total wealth and how he acquired it is elusive, however. The most definitive view came late on Friday, when federal prosecutors in New York said records obtained from a financial institution they did not identify showed that Epstein is worth more than $500 million and makes an estimated $10 million a year. However, that estimate falls short of making Epstein, a college drop-out and former math and physics teacher at an elite private school in New York, a billionaire. Messages to … [Read more...] about Jeffrey Epstein net worth: Is he a billionaire or not?