One of the founding members of the 1990s hip-hop group the Fugees has been charged in a campaign finance conspiracy that took place during the 2012 presidential election, the Justice Department said Friday. A four-count indictment accuses Prakazrel "Pras" Michel of conspiring with fugitive Malaysian financer Low Taek Jho, usually known as Jho Low, to make and conceal foreign campaign contributions. Michel is alleged to have used straw donors to give campaign contributions to a U.S. presidential candidate, who is identified in the indictment only as Candidate A.Low has gained attention in the last several years after U.S. officials accused him of masterminding a money laundering and bribery scheme that pilfered billions from the Malaysian state investment fund known as 1MDB. He's been charged separately by both U.S. and Malaysian officials in connection with that alleged fraud but remains at large. Prosecutors allege that from June to November 2012, Low directed more than $21.6 million … [Read more...] about Former rapper charged in campaign finance conspiracy case
Msme finance schemes
Compensation hope for London Capital and Finance investors BelfastTelegraph.co.uk Investors who lost money after the failure of London Capital and Finance (LCF) have been given new hope they may be entitled to compensation. https://www.belfasttelegraph.co.uk/business/uk-world/compensation-hope-for-london-capital-and-finance-investors-38101091.html https://www.belfasttelegraph.co.uk/business/uk-world/article38101090.ece/11e59/AUTOCROP/h342/bpanews_58a9eac2-550f-4f16-98bb-94f7bafbea12_1 Email Investors who lost money after the failure of London Capital and Finance (LCF) have been given new hope they may be entitled to compensation. More than 11,000 mainly elderly investors put money into the firm which entered administration at the end of January after netting £236 million by advertising tax-free individual savings accounts. The Financial Services Compensation Scheme (FSCS) previously said the losses would not be covered as the mini-bond scheme was not regulated. But the … [Read more...] about Compensation hope for London Capital and Finance investors
Dublin dock scheme declared a success by US property group BelfastTelegraph.co.uk US property group Kennedy Wilson has managed to extract all of its equity from the Capital Dock scheme in Dublin's docklands, and is finalising all the retail leases at the landmark scheme. https://www.belfasttelegraph.co.uk/business/uk-world/dublin-dock-scheme-declared-a-success-by-us-property-group-38085444.html https://www.belfasttelegraph.co.uk/incoming/article38085988.ece/f78d9/AUTOCROP/h342/Capital_Dock_CGI.jpg Email US property group Kennedy Wilson has managed to extract all of its equity from the Capital Dock scheme in Dublin's docklands, and is finalising all the retail leases at the landmark scheme. Capital Dock - which features around 200 apartments renting for €3,300 (£2,820) a month each - was built at a cost of about $400m (£305m). Built with Nama, it was completed last November and extends over 4.8 acres. It also includes office space. JP Morgan and recruitment … [Read more...] about Dublin dock scheme declared a success by US property group
By Khurram Zia Khan Published: October 21, 2018 0 SHARES Share Tweet Email More than 125,000 forms have already been downloaded from the NADRA website. In keeping with the theme of ‘change’, the Pakistan Tehreek-e-Insaf (PTI) government recently launched the Naya Pakistan Housing Programme, aiming to build five million homes in five years. It is evident from the very start that a project of this magnitude will require a lot more input than just land, which the government will be providing. And while they say they will not be involved in construction directly, arranging funds to provide basic amenities to residents alone will be a herculean task. We have launched our most ambitious, landmark housing policy of building 5mn homes in 5 yrs. InshaAllah this will provide affordable houses for our less privileged strata of society, plus 6mn jobs, create demand in 40 industries directly involved in house building & attract FDI. — Imran Khan (@ImranKhanPTI) … [Read more...] about The Naya Pakistan Housing Scheme is a great initiative, but can it survive the curse of corruption?
Michael Kunzelman, Associated Press Updated 3:54 pm CDT, Tuesday, October 16, 2018 FILE - In an Oct. 11, 2018 file photo, U.S. Attorney Gregory Bernstein, left, and FBI Special Agent Keith Custer walk outside the federal courthouse, in Greenbelt, Md. A federal jury began deliberating Tuesday, Oct. 16, in the trial of Dawn Bennett, an investment adviser charged with orchestrating a multimillion-dollar Ponzi scheme to finance her lavish lifestyle, including spending more than $800,000 for prayers by Hindu priests in India. less FILE - In an Oct. 11, 2018 file photo, U.S. Attorney Gregory Bernstein, left, and FBI Special Agent Keith Custer walk outside the federal courthouse, in Greenbelt, Md. A federal jury began deliberating Tuesday, ... more Photo: Michael Kunzelman, AP Photo: Michael Kunzelman, AP Image 1 of / 1 Caption Close … [Read more...] about Jury deliberating in fraud trial of Ponzi scheme suspect