Saturday, January 28

Tag: New York

Business

Florida woman accused of using dating site to launch “years-long scheme” to defraud Holocaust survivor out of $2.8 million

The Department of Justice has arrested a 36-year-old Florida woman after she allegedly committed a "years-long scheme" to defraud an 87-year-old Holocaust survivor of his life savings. The department said that over the course of more than four years, Peaches Stergo took over $2.8 million from the survivor. Stergo was arrested on Wednesday, with U.S. Attorney Damian Williams saying she "maliciously" drained the unnamed Holocaust survivor's savings so "she could become a millionaire through fraud." According to the DOJ, Stergo met her victim on a dating website between 2016 and 2017 when he was living in Manhattan. It was at the beginning of 2017 that she then asked him if she could borrow money to pay for her lawyer "who she claimed was refusing to release funds from an injury settl...
Sharpton Says Film Debuts at ‘Critical Point’ in US Politics
Politics

Sharpton Says Film Debuts at ‘Critical Point’ in US Politics

NEW YORK (AP) — The Rev. Al Sharpton has been called a lot of names in his public life: a hustler, a racist, an opportunist, a fraud, a rat, a jester.He embraces at least one of the intended insults, a name often hurled by his critics on the right and the left: “Loudmouth.” That's also the title of a two-hour documentary about the national civil rights leader debuting at theaters in 50 cities Friday.Sharpton's brash and combative styles, deployed in his advocacy for victims and families seeking accountability over police brutality and racial injustices, are on full display as filmmakers trace his evolution from Brooklyn rabble-rouser to sought-after figure in the U.S. political arena. Sharpton said he hopes the film inspires up-and-coming generations of loudmouths to join movements against...
Blockchain company buys and burns Banksy artwork to turn it into a digital original
Science

Blockchain company buys and burns Banksy artwork to turn it into a digital original

A blockchain company bought a $95,000 Banksy artwork, burned it and broadcast it live on Twitter — all part of a process of turning the work into a virtual asset called a non-fungible token, or NFT. Injective Protocol, the company behind the stunt, bought the screenprint "Morons (White)" from New York's Taglialatella Gallery, then burned it Monday evening. The event, which took place in an undisclosed Brooklyn neighborhood, was live-streamed through the Twitter account BurntBanksy. Moments later, Injective Protocol employees created a digital representation of the art using blockchain technology on the OpenSea, which recently gained notoriety after Mark Cuban used it to issue his own NFT. While digital art has recently become popul...
Trump Organization lawyers put former CFO Allen Weisselberg’s plea deal in the spotlight
Politics

Trump Organization lawyers put former CFO Allen Weisselberg’s plea deal in the spotlight

Attorneys in the Trump Organization's criminal trial sought Friday to drum up doubts about a plea deal struck by the prosecution's key witness.Former chief financial officer Allen Weisselberg was charged along with two Trump Organization entities in July 2021 with more than a dozen counts related to fraud and tax evasion. Weisselberg entered a guilty plea in the case in August. Prosecutors for the Manhattan district attorney agreed to recommend a five-month jail sentence, and repayment of back taxes, in exchange for Weisselberg's testimony against the company at trial. Former Trump Organization CFO Allen Weisselberg leaves the courtroom for a lunch recess during the Trump Organization's criminal trial at the New York Supreme Court on Nov. 17, 2022 in New York City. ...
“Zombie Debt”: Homeowners face foreclosure on old mortgages
Business

“Zombie Debt”: Homeowners face foreclosure on old mortgages

Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000."I was shocked," said Prophete, who refinanced her two-family home in 2006, six years after arriving from Haiti. "I don't even know these people because they never contacted me. They never called me."Prophete is part of a wave of homeowners who say they were blindsided by the start of foreclosure actions on their homes over second loans that were taken out more than a decade ago. The trusts and mortgage loan servicers behind the actions say the loans were defaulted on years ago. Some of these homeowners say they weren't even aware they had a second mortgage because of confusing loa...
2022 midterms have “significant stakes for the climate.” These are the state and local measures to watch.
Politics

2022 midterms have “significant stakes for the climate.” These are the state and local measures to watch.

The countdown to Election Day is now in the single digits, and this year there are a number of major issues on the line. One of those issues could have implications for humanity as a whole: climate change. "This midterm election has significant stakes for the climate," Geoffrey Henderson, a postdoctoral associate at Duke's Sanford School of Public Policy, told CBS News. Clean energy, pollution and infrastructure upgrades are all important aspects of climate policy that have found their way onto the ballot. Andrew Pershing, director of climate science at the nonpartisan research group Climate Central, told CBS News, "The earlier you act, the more effective the actions are and the cheaper they are and the more benefits you get."  "Even though the s...
Politics

The Working Families Party Works to Keep Its Ballot Line, Win Key Races

Sochie Nnaemeka (photo: @MaketheRoadAct) October 26, 2022 - Max Politics Podcast: The Working Families Party Works to Keep Its Ballot Line, Win Key Races Sochie Nnaemeka, director of the New York Working Families Party, joined the show to discuss the WFP's campaign to keep its ballot line, key races it is focused on in the 2022 election, its relationship with Gov. Kathy Hochul, and more. Listen to the conversation and let us know what you think, on Twitter @TweetBenMax. You can listen to the show through the embedded audio below or download the episode wherever you get your podcasts at Max Politics. !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded...
Politics

Breaking Down the Hochul-Zeldin Debate

Lee Zeldin & Kathy Hochul at their debate October 25, 2022 - Max Politics Podcast: Breaking Down the Hochul-Zeldin Debate After Gov. Kathy Hochul and Rep. Lee Zeldin debated Tuesday night in the race for Governor, two experts joined host Ben Max to analyze the big event: Dr. Christina Greer, political science professor at Fordham University, and Casey Seiler, editor of the Albany Times Union. Listen to the conversation and let us know what you think, on Twitter @TweetBenMax. You can listen to the show through the embedded audio below or wherever you get podcasts at Max Politics. !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2....
Politics

New York attorney general sues Trump and his company — breaking it down

The Trumps and their company are accused in a 221-page civil complaint filed Wednesday of engaging in a yearslong scheme to enrich themselves by inflating the values of a wide swath of properties, stretching across their international real estate empire. The complaint accuses the company of more than 200 instances of false asset valuations, described as being derived from "objectively false assumptions and blatantly improper methodologies with the intent and purpose of falsely and fraudulently inflating Mr. Trump's net worth to obtain beneficial financial terms from lenders and insurers."  "The number of grossly inflated asset values is staggering, affecting most if not all of the real estate holdings in any given year," New York State Attorney General Letitia James' office wrote i...