California will recover $15 million related to the massive Ponzi scheme engineered by Bernard Madoff as part of a larger agreement liquefying the $277 million estate of a Beverly Hills investment adviser, officials said Friday. The settlement ends a 7-year-old lawsuit filed by the state attorney general against Stanley Chais,… Read More
[Warning] Major phone provider caught spying on YOU
Ever worry you’re being eavesdropped on? If you’re an AT&T customer, that’s not paranoia — that’s fact. Recently released documents reveal telecom giant AT&T has been spying on their customers for the U.S. government for decades. It’s something straight from the pages of a conspiracy theory forum, almost too crazy… Read More
Guard stands up for vets with debts
Members of Congress and veterans leaders on Monday called for federal action to absolve the debts of nearly 10,000 soldiers in California alone who have been ordered by the Pentagon to repay enlistment bonuses a decade after they signed up to serve in Iraq and Afghanistan. Lawmakers from California expressed… Read More
Trump warns against MASSIVE media conglomerate
Republican presidential candidate Donald Trump has a warning for America. The announced $84 billion merger between media giants AT&T and Time Warner is so poisonous to our country’s future that it threatens to “destroy democracy.” “As an example of the power structure I’m fighting, AT&T is buying Time Warner and… Read More
Bank hides pennies worth $1,000 across US
Stopping to pick up a stray penny off the ground may not seem worth the effort, yet one bank is trying to change that mindset by placing 100 fake pennies across the country worth $1,000 apiece. Ally Bank says it is hoping to encourage Americans to look for opportunities to… Read More
Investigation into stolen IDs by bank employees
California’s attorney general is conducting a criminal investigation into whether employees at San Francisco-based Wells Fargo bank stole customers’ identities in the sales practices scandal that rocked the bank and cost its CEO his job, documents released Wednesday show. A search warrant and supporting affidavit released by the state Department… Read More
Collecting Social Security? We have bad news
Millions of Social Security recipients and federal retirees will get only tiny increases in benefits next year, the fifth year in a row that older Americans will have to settle for historically low raises. There was no increase this year. Next year’s benefit hike will be small because inflation is… Read More
Exploding Samsung phones costing fortune
Samsung Electronics said Friday that discontinuing the Galaxy Note 7 smartphone, which is prone to overheat and catch fire, will cost it about $3 billion in the current and coming quarters, raising total costs from the recalls to at least $5.3 billion. The Note 7 discontinuation will cost in the… Read More
[Must see] Massive blue diamond heads to auction
A diamond ring that’s the ultimate in bling is set to go under the hammer, with an estimated price of $15 million to $25 million. Sotheby’s auction house says the Cartier ring holds an 8.01 carat blue stone named the Sky Blue Diamond. It will be displayed in London on… Read More
Hypocrisy! IRS workers caught not paying taxes
The shocking corruption at the most hated government institute in existence has been exposed — and the truth is ugly. Hundreds of IRS agents in charge of making sure we all pay our taxes were busted for gaming the system so they could get out of paying their own taxes…. Read More
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