ReportWire

Tag: legal action

  • Republican Texas AG Ken Paxton is acquitted of all 16 corruption charges at impeachment trial

    Republican Texas AG Ken Paxton is acquitted of all 16 corruption charges at impeachment trial

    Texas Attorney General Ken Paxton was acquitted Saturday of all charges at a historic impeachment trial that divided Republicans over whether to remove a powerful defender of former President Donald Trump after years of scandal and criminal charges.

    The verdict reaffirmed Paxton’s durability in America’s biggest red state and is a broader victory for Texas’ hard right after an extraordinary trial that put on display fractures within the GOP nationally heading into the 2024 elections. In the end, Paxton was fully cleared by Senate Republicans, who serve alongside his wife, state Sen. Angela Paxton.

    Angela Paxton was not allowed to vote. But she attended all two weeks of the trial, including the reading of the verdict, when all but two of her fellow 18 Republican senators consistently voted to acquit her husband on 16 impeachment articles that accused him of misconduct, bribery and corruption. Ken Paxton, who was absent for most of the proceedings, did not attend the verdict.

    It clears the way for Paxton to reclaim his role as Texas’ top lawyer, more than three months after his stunning impeachment in the Texas House forced him to temporarily step aside.

    The outcome far from ends Paxton’s troubles. He still faces trial on felony securities fraud charges, remains under a separate FBI investigation and is in jeopardy of losing his ability to practice law in Texas because of his baseless attempts to overturn the 2020 election.

    The jury of 30 senators spent about eight hours deliberating behind closed doors before emerging for the historic vote. A two-thirds majority is required to convict Paxton on any of the charges that accuse Paxton of bribery, corruption and unfitness for office.

    The trial has plunged Texas Republicans into unfamiliar waters as they confronted whether Paxton should be removed over allegations that he abused his office to protect a political donor who was under FBI investigation.

    For nearly a decade, Paxton has elevated his national profile by rushing his office into polarizing courtroom battles across the U.S., winning acclaim from Donald Trump and the GOP’s hard right.

    The case centered on accusations that Paxton misused his office to help one of his donors, Austin real estate developer Nate Paul, who was indicted in June on charges of making false statements to banks. Paul has pleaded not guilty.

    Eight of Paxton’s former deputies reported him to the FBI in 2020, setting off a federal investigation that will continue regardless of the verdict. Federal prosecutors investigating Paxton took testimony in August before a grand jury in San Antonio , according to two people with knowledge of the matter who spoke on condition of anonymity because of secrecy rules around the proceeding.

    One of the impeachment articles centered on an alleged extramarital affair Paxton had with Laura Olson, who worked for Paul. It allegeed that Paul’s hiring of Olson amounted to a bribe.

    Paxton faces an array of legal troubles beyond the impeachment. Besides the federal investigation for the same allegations that gave rise to his impeachment, he also faces a bar disciplinary proceeding over his effort to overturn the 2020 election and has yet to stand trial on state securities fraud charges dating to 2015. He pleaded not guilty in the state case, but his lawyers have said removal from office might open the door to a plea agreement.

    Source link

  • Paid off your mortgage? Be careful — you’re at risk of title theft.

    Paid off your mortgage? Be careful — you’re at risk of title theft.

    Homeowners may be thrilled when they finally pay off their mortgage, but the accomplishment comes with risks. 

    Retirement Tip of the Week: Be vigilant in protecting your identity and assets, and be aware of how you could fall victim to various scams or theft associated with your home.

    With title theft, thieves transfer a house deed from the rightful owner to another person’s name by using the owner’s personal information. Title theft could also take the form of using equity in a home, such as by opening a home equity line of credit, known as a HELOC, according to Quicken Loans. When a house is unoccupied, thieves could go so far as to sell or rent out the property. 

    Title theft isn’t particularly common, but it does happen, and it’s another reason people should protect their identity and other sensitive information. Older Americans could be at higher risk, especially if they have a lot of equity in their home. About 11,500 people reported losing more than $350 million to real-estate scams in 2021, although that figure includes fraud pertaining to real-estate advertisements and rental agreements, according to the FBI

    Homeowners should keep on top of their documents and may even want to occasionally confirm their information with their county deeds office, the FBI said. Any mail from a mortgage lender should be checked to make sure it doesn’t pertain to your specific property.

    If you are a victim of title theft, open an identity-theft case with the Federal Trade Commission, alert creditors about the fraud and look over your title insurance, which protects homeowners’ rights and which mortgage companies often require home buyers to have, Quicken Loans said

    There are companies that offer title-protection services, although critics say it’s not the same as title insurance and only alerts a homeowner of a problem after it has occurred. 

    “Do you need this service to protect your home from property thieves? The answer is no,” the Maryland Attorney General’s office said in a consumer alert about title-protection services. “Title fraud is very rare, and hardly ever successful. If someone ever tries to transfer your deed without your permission or knowledge, like these title lock companies suggest could happen, the transfer is fraudulent and void from the outset.” 

    Instead, homeowners should monitor their identity and keep an eye on their credit scores, the office said.

    Source link

  • Google spent billions to build an illegal monopoly, Justice Department says as trial gets under way

    Google spent billions to build an illegal monopoly, Justice Department says as trial gets under way

    Federal prosecutors opened a landmark antitrust trial against Alphabet Inc.’s Google on Tuesday with charges the search-engine giant for years intentionally snuffed competition through exclusive contracts with wireless carriers and phone makers.

    Google
    GOOGL,
    -1.15%

    GOOG,
    -1.21%

    spent billions of dollars on such contracts to cement its dominant position, a clear violation of U.S. antitrust law, prosecutors said.

    “This case is about the future of the internet, and whether Google’s search engine will ever face meaningful competition,” Justice Department lawyer Kenneth Dintzer told the court. He said Google pays more than $10 billion a year to Apple Inc.
    AAPL,
    -1.71%

    and other companies to ensure Google is the default or only search engine available on browsers and mobile devices used by millions of consumers.

    Google’s search business accounted for more than half of the $283 billion in revenue Alphabet recorded in 2022. Search in large part has fueled the company’s $1.7 trillion market valuation.

    Google attorney John Schmidtlein countered that companies and consumers use Google’s popular search engine “because it delivers value to them, not because they have to.”

    The legal jousting in a Washington, D.C., federal court kicked off what is expected to be a contentious multiweek trial that could be one of the biggest domestic antitrust trials since the federal government tussled with Microsoft Corp.
    MSFT,
    -1.83%

    in the 1990s. Like that case, this one involves arguments over tying together multiple proprietary products.

    To that end, Justice Department officials allege Google’s contracts ensure that Android devices come with Google apps and services, including Google search, preinstalled.

    Google Chief Executive Sundar Pichai heads a witness list of senior executives and former employees from Google, AppleMicrosoft and Samsung Electronics Co.
    005930,
    +1.28%
    .

    “This feedback loop, this wheel has been turning for 12 years, and it always turns to Google’s advantage,” Dintzer said.

    Conversely, Schmidtlein said Apple’s decision to make Google the default search engine in its Safari browser underscores that Google’s search engine is the product consumers prefer. “Apple repeatedly chose Google as the default because Apple believed it was the best experience for its users,” he said.

    The Google case “could not be more different” from Microsoft litigation in the late 1990s and early 2000s, Schmidtlein asserted. “The evidence will show that Microsoft’s Bing search engine failed to win customers because Microsoft did not invest [and] did not innovate,” he said. “At every critical juncture, the evidence will show that they were beaten in the market.”

    Source link

  • Trouble in paradise: Shock guilty plea roils case of yoga gurus charged with stealing millions from bipolar Malibu doctor

    Trouble in paradise: Shock guilty plea roils case of yoga gurus charged with stealing millions from bipolar Malibu doctor

    Their shared hippie spirit brought them together over a vegan potluck dinner, but the prospect of  years in federal prison for allegedly stealing millions from a mentally-ill Malibu doctor, has driven a wedge between them. 

    A federal fraud prosecution against a pair of yoga gurus accused of siphoning cash from Dr. Mark Sawusch’s $60 million fortune took a significant turn at the end of August when one pleaded guilty and agreed to testify against the other, her ex-boyfriend, according to court documents and people familiar with the matter.

    Anna Moore’s guilty plea before a federal judge in Los Angeles on Aug. 28 represents a serious legal challenge to her longtime partner, Anthony Flores, who faces decades behind bars if convicted in the case. Flores pleaded not guilty after his arrest in January. 

    Details of Moore’s agreement with federal prosecutors remain under seal, but people familiar with the matter say her ultimate sentence in the case will largely be determined after her level of cooperation is evaluated. A sentencing hearing for Moore was set for Nov. 6. 

    “We are aware of Ms. Moore’s decision to plead guilty. Obviously this changes Mr. Flores’ legal situation in the case, and we are currently reviewing our options,” Flores’ attorney Ambrosio Rodriguez said.         

    Messages left with Moore’s attorney weren’t immediately returned. A spokesman for the U.S attorney’s office for the central district of California declined to comment.

    The tragic end to Sawusch’s life began on June 23, 2017, when the brilliant, but troubled, ophthalmologist met Flores and Moore in a chance encounter at a vegan ice cream parlor in Venice Beach, Calif.

    Flores, who went by Anton David, was a guru-esque figure with long, flowing hair and a beard. He worked as a hair stylist on film shoots. Moore, a pixie-like blond, was an actress and singer. The couple had met years earlier at a vegan potluck dinner and had fallen in love over what they described as a shared hippie spirit. Together, they ran a yoga center in Fresno, Calif., while going back-and-forth to L.A.  

    Their spiritual vibe cast a spell on Sawusch, who had just days earlier been released from a mental health facility, where he had been committed after suffering a breakdown, court filings said. Within a week, Flores and Moore had moved into Sawusch’s multi-million dollar beachfront home in Malibu, Calif., federal prosecutors said. 

    Over the next year, the pair gained increasingly firm control over the doctor’s life and finances, with Flores establishing power of attorney over Sawusch’s vast fortune while plying him with a steady diet of marijuana and LSD as he also underwent experimental ketamine treatments for his bipolar disorder that left him addled, investigators said. 

    Sawusch later died in May 2018 of a lethal mixture of ketamine and alcohol, according to a coroner’s report. The Los Angeles County medical examiner’s office ruled the death an accident.

    In her guilty plea, Moore said she was not immediately aware of the scope of Flores’ alleged efforts to steal the doctor’s money, but admitted that following Sawusch’s death she participated in a later effort in probate court to keep the stolen money. Prosecutors have alleged that this was a separate fraud.

    When Sawusch’s family sought to take control of his estate, they discovered that almost $3 million had been transferred from his accounts to ones controlled by Flores in the days before and after the doctor’s death, federal prosecutors said.   

    Sawusch’s family launched a civil lawsuit against the yogi couple and convinced a California state judge to issue a restraining order freezing Flores’ and Moores’ accounts, and order they return the money. Instead, federal prosecutors say, the two engaged in a second fraud by making false claims in probate court that Sawusch had verbally told them he would give them a third of his fortune plus his Malibu beach house.

    The couple claimed that the doctor had given them the money in return for them taking care of him and as part of an effort to protect his fortune from his family, from whom he was estranged. The family said those claims were untrue and that the pair had kept Sawusch isolated from his friends and family.  

    Eventually, the couple returned around $2 million of the doctor’s money, but around $1 million remained unaccounted for, according to federal prosecutors.  

    Flores and Moore broke up during the pandemic after nearly a decade together. Moore moved to Mexico while Flores remained in Fresno, where he was arrested in late January. Moore was arrested at George Bush Intercontinental Airport in Houston upon her return to the U.S. around the same time. Both have been held without bail since.  

    Read the series:

    Part 1: Death and deceit in Malibu: How yogi couple befriended and stole millions from vulnerable rich doctor

    Part 2: Rich Malibu doctor’s final days defined by fight between family and suspect yogis over declining mental health

    Part 3: A star-crossed trade: Yogis offered friendship to a rich Malibu doctor in exchange for a third of his $60 million fortune

    Part 4: Money, mania and LSD: A Malibu doctor’s tragic final weeks under yoga gurus’ sway

    Source link

  • Intuit braces for negative FTC ruling on free tax prep advertising, vows appeal

    Intuit braces for negative FTC ruling on free tax prep advertising, vows appeal

    More than a year ago, the Federal Trade Commission sued Intuit Inc., the maker of TurboTax, for allegedly tricking people into thinking they could file their income taxes for free with the tax-preparation giant.

    Now, an administrative judge inside the agency has ruled against Intuit — and the company said in a Friday afternoon SEC filing that it’s going to keep fighting the case, even if that means incurring “significant costs.”

    “We expect to appeal this decision to the FTC Commissioners and, if necessary, then to a federal court of appeals. We intend to continue to defend our position on the merits of this case,” the company said in its 10-K filing.

    “There is no monetary penalty, and Intuit expects no significant impact to its business,” Intuit spokesman Rick Heineman said in a statement. The company will appeal “this groundless and seemingly predetermined decision by the FTC to rule in its own favor,” he said.

    Intuit already reached a $141 million settlement with state attorneys general about the allegations of deceptive advertising. The company says it has been clear and upfront with customers about costs. It did not admit liability in the settlement.

    The FTC could not be immediately reached for comment Friday afternoon.

    In March 2022, the regulator sued Intuit in federal court to immediately stop commercials that repeated “free” over and over. Intuit pulled some of the advertising and after filing season ended, a San Francisco federal judge said the FTC bid for emergency halts didn’t need to happen under the circumstances.

    FTC lawyers also lodged an internal administrative complaint. “Intuit widely disseminated ads on television, on the radio, and online that gave consumers the impression that they could use TurboTax for free, even though two-thirds of taxpayers don’t qualify for Intuit’s free TurboTax offerings,” they wrote in administrative complaint proceedings.

    The ongoing legal fight is happening while the broader fight over of free tax preparation is heating up. The Internal Revenue Service is planning to test its own pilot program in the upcoming filing season where taxpayers can file their taxes directly with the IRS instead of through tax preparation companies or individual preparers.

    TurboTax and the tax software industry oppose the proposed IRS direct file system. So do Congressional Republicans.

    One sticking point in the looming government shutdown is how much money the IRS should be getting in its budget. The House appropriations bill would forbid the IRS from using any money to build the direct file system.

    Intuit Inc.
    INTU,
    +1.44%

    shares closed 1.4% higher Friday, at $549.60, and the disclosure didn’t seem to be having much effect on the shares in after-hours trading. Shares are up 41% year to date, while the Dow Jones Industrial Average
    DJIA
    is up 5% and the S&P 500
    SPX
    is up 17.6%.

    Source link

  • 3M Nears Roughly $5.5 Billion Earplugs Settlement

    3M Nears Roughly $5.5 Billion Earplugs Settlement

    3M Nears Roughly $5.5 Billion Earplugs Settlement

    Source link

  • Donald Trump’s mug shot, the new face of American political scandal

    Donald Trump’s mug shot, the new face of American political scandal

    Former President Donald Trump has been charged with a litany of crimes over the past several months, but his status as defendant-in-chief has now been immortalized by a mug shot. 

    For those who believe Trump broke the law by arranging hush-money payments to a porn star, stealing classified documents, instigating a riot and trying to steal the 2020 election, the photo serves as a symbol of his criminal behavior. To the people who see Trump as the victim of politically-motivated prosecutions, the image signals that the nation’s legal system has been compromised by partisanship. 

    Either way, Trump’s mug shot marks a new era for American political scandal.   

    Read more: Trump surrenders, is booked in Georgia election-interference case

    Of course, Trump joins a long list of American politicians who have found themselves facing prosecution.

    From the founding of the republic to the current day, politicians being accused of wrongdoing has been an American tradition. The scope of cases runs across the political spectrum and the charges have ranged from sex scandals to bribery.

    Trump’s summer of scandal began in New York, where Manhattan District Attorney Alvin Bragg charged him with campaign-finance violations, claiming the former president made hush-money payments to a porn star and Playboy bunny to bury their stories of having had affairs with him. He was then hit with federal charges of illegally withholding classified documents at his Florida mansion after leaving office and for illegally working to disrupt the formal counting of the votes in Congress that confirmed his loss in the 2020 election.

    But it took until Trump’s fourth indictment on state charges in Georgia, alleging that he and 18 others conspired to illegally overturn the 2020 election in which he narrowly lost the state to Biden, for a mugshot to formally appear.

    Here’s a list of some recent, well-known politicians who have been arrested:

    Rod Blagojevich 

    (U.S. Marshals Service)

    Blagojevich served as the Democratic governor of Illinois from 2003 until 2009 when he was arrested, impeached and eventually sentenced to 14 years in prison for corruption.

    The case revolved around a “pay-for-play” scandal in which Blagojevich solicited a bribe in return for appointing someone to fill the U.S. Senate seat vacated by Barack Obama after he’d been elected president.

    Blagojevich was released in 2020 after Trump commuted his sentence.

    John Edwards

    (U.S. Marshals Service)

    The former Democratic vice presidential and presidential candidate was indicted in 2011 on charges that he used campaign money to cover up an extramarital affair and to pay to support a child that was born as a result. Edwards wasn’t convicted but the revelation that he had an affair while his wife was dying of cancer ended his political career.

    Tom DeLay

    (Harris County Sheriff’s Office)

    The onetime Republican House majority leader was indicted in 2005 by a Texas grand jury on campaign-finance and money-laundering charges. He stepped down as House speaker and opted not to seek reelection the following year. He was eventually convicted and sentenced to three years in prison but had the case overturned on appeal.

    John Mitchell

    (U.S. Marshals Service)

    The U.S. attorney general under President Richard Nixon served 19 months in prison for his role in helping plan and orchestrate the break-in of the Democratic Party’s national headquarters at the Watergate Hotel. The scandal would lead to Nixon’s resignation in 1974.

    Dennis Hastert

    (Lake County Sheriff’s Office)

    The Republican speaker of the House of Representatives from 1999 until 2007 was later sentenced to 15 months in prison for sexually abusing young boys while working as a high school teacher and coach in his home state of Illinois. At the time of his conviction in 2015, Hastert was the highest-ranking U.S. politician to ever be sentenced to prison time.

    Source link

  • Trump surrenders, is booked in Georgia election-interference case

    Trump surrenders, is booked in Georgia election-interference case

    Former President Donald Trump turned himself in at Georgia’s Fulton County jail on Thursday evening, with this latest move in his numerous legal fights standing out in part because it’s expected to yield a mug shot.

    See: Donald Trump’s mug shot could become ‘the most famous in the world’

    Trump’s private plane landed in Atlanta around 7 p.m. Eastern, and a motorcade took him directly to the Fulton County jail in Atlanta. After about 20 minutes of processing inside the jail, the motorcade then took him back to his plane for his return to New Jersey.

    Trump made a brief statement before boarding his plane, calling his indictment a “travesty of justice.”

    Fulton County’s booking system recorded Trump as having “blonde or strawberry” hair, a height of 6-foot-3 and weighing 215 pounds.

    Former President Donald Trump poses for his booking photo at the Fulton County Jail on Thursday.


    Fulton County Sheriff’s Office via Getty Images

    Trump was quickly released on a $200,000 bond and will now wait until an arraignment next month to enter pleas in this election-interference case. Fulton County District Attorney Fani Willis is seeking an Oct. 23 trial date for Trump and the other 18 defendants in the case, but Trump is opposing that start date.

    Earlier in the day, Trump replaced his lead counsel, Drew Findling, with veteran criminal attorney  Steven Sadow, who is known for defending a number of prominent rappers in high-profile criminal cases. The New York Times reported Trump used a commercial bail bondsman, Charles Shaw of Foster Bail Bonds, to post his bond, and paid him a $20,000 fee, or 10% of his bail amount.

    The former president was indicted last week by a grand jury in Fulton County over his efforts to overturn Georgia’s results in the 2020 presidential election, which he lost to Democrat Joe Biden. He faces 13 criminal counts, including racketeering, filing false documents, conspiracy to commit forgery and solicitation of violation of oath by a public officer.

    Thursday’s proceedings in Atlanta mark the fourth time that the 45th president has surrendered this year following an indictment.

    Trump, the frontrunner in the undefined, also is dealing with a Manhattan case over hush-money payments, a Miami case over classified documents and a Washington, D.C., case over his efforts to overturn the 2020 election, including his role in the Jan. 6, 2021, attack on the U.S. Capitol.

    He has denied wrongdoing and argued all of the cases are politically motivated. Many Republican voters have agreed with his take and rallied around Trump in the past few months, leaving him with 55.4% support in primary polls, according to a RealClearPolitics moving average of surveys as of Thursday.

    See: Trump calls his four indictments ‘nonsense’ during Tucker Carlson interview airing opposite the GOP debate

    The Fulton County prosecutor’s case was spurred in part by a recording of a Jan. 2, 2021, phone call between Trump and Georgia Secretary of State Brad Raffensperger in which Trump said Raffensperger, a Republican, should “find 11,780 votes,” or enough to erase Biden’s edge in the state.

    In a post on his Truth Social platform Thursday afternoonu, Trump reiterated his assertion that the phone call was “perfect,” and he repeated his criticisms of Willis, describing her as a “Radical Left, Lowlife District Attorney.”

    Willis, a Democrat, has set a Friday deadline for defendants to turn themselves, and Trump associates Rudy Giuliani and Mark Meadows are among the high-profile individuals who have met that deadline.

    Now read: Trump would have to wait years if he were to be pardoned in Georgia case — with no president or governor able to deliver

    Source link

  • Trump says he will surrender Thursday on Georgia election-interference charges

    Trump says he will surrender Thursday on Georgia election-interference charges

    Former President Donald Trump says he will surrender to authorities in Georgia on Thursday to face charges in the case accusing him of illegally scheming to overturn his 2020 election loss.

    “Can you believe it? I’ll be going to Atlanta, Georgia, on Thursday to be ARRESTED,” Trump wrote on his social media network Monday night, hours after court papers said his bond was set at $200,000.

    The Fulton County Sheriff’s Office said in a news release Monday afternoon that when Trump surrenders there will be a “hard lockdown” of the area surrounding the main county jail.

    Trump, according to the papers, is also barred from intimidating co-defendants, witnesses or victims in the case — including on social media — according to the bond agreement signed by Fulton County District Attorney Fani Willis, Trump’s defense attorneys and the judge. It explicitly includes “posts on social media or reposts of posts” made by others.

    Trump has repeatedly used social media to attack people involved in the criminal cases against him as he campaigns to reclaim the White House in 2024. He has been railing against Willis since before he was indicted, and singled out Georgia Gov. Brian Kemp — a Republican who rebuffed his efforts to overturn the election — by name in a social media post Monday morning.

    The agreement prohibits the former president from making any “direct or indirect threat of any nature” against witnesses or co-defendants, and from communicating in any way about the facts of the case with them, except through attorneys.

    The order sets Trump’s bond for the Racketeer Influenced and Corrupt Organizations — or RICO — charge at $80,000, and adds $10,000 for each of the 12 other counts he is facing. Bond is the amount defendants must pay as a form of collateral to ensure they show up in court ahead of trial.

    Willis has set a deadline of noon Friday for Trump and his 18 co-defendants to turn themselves in to be booked. The prosecutor has proposed that arraignments for the defendants follow during the week of Sept. 5. She has said she wants to try the defendants collectively, and bring the case to trial in March of next year, which would put it in the heat of the presidential nominating season.

    In Fulton County, when defendants are not in custody, their lawyers and the district attorney’s office will often work out a bond amount before arraignment and the judge will sign off on it. The defendants will generally be booked at the Fulton County jail. During the booking process, they are typically photographed and fingerprinted and then they provide certain personal information. Since Trump’s bond has already been set, he will be released from custody once the booking process is complete.

    A Trump spokesman did not immediately respond to a request for comment. A phone message seeking comment was also left for an attorney for the former president.

    Trump was charged last week in the case alongside a slew of allies, who prosecutors say conspired to subvert the will of voters in a desperate bid to keep the Republican in the White House after he lost to Democrat Joe Biden.

    Trump has denied any wrongdoing, and he characterizes the case — and three others he is facing — as efforts to hurt his 2024 presidential campaign. He has regularly used his Truth Social platform to single out prosecutors and others involved in his cases, and to continue to spread falsehoods that the 2020 election was stolen from him.

    In a post on Monday, Trump called the Fulton County district attorney “crooked, incompetent, & highly partisan.” He also attacked Kemp, whom he has long targeted for the governor’s refusal to intervene after the 2020 election. Kemp has been outspoken in pushing back against Trump, writing in social media last week: “The 2020 election in Georgia was not stolen.”

    Bond was also set Monday for three lawyers who were indicted along with Trump. For each of them, the bond for the RICO charge was set at $20,000, with varying amounts for the other charges they face. John Eastman and Kenneth Chesebro each had a bond set at $100,000.

    Bail bondsman Scott Hall, who was accused of participating in a breach of election equipment in rural Coffee County, had his bond set at $10,000. Another defendant, Georgia-based attorney Ray Smith, has been assessed a $50,000 bond. Smith is charged with helping organize fake electors for Trump and trying to sway Georgia lawmakers with false statements alleging election fraud.

    Other defendants include former White House chief of staff Mark Meadows; Trump attorney and former New York City Mayor Rudy Giuliani, and a Trump administration Justice Department official, Jeffrey Clark, who aided the then-president’s efforts to undo his election loss in Georgia.

    The Georgia indictment comes just two weeks after the Justice Department special counsel charged Trump in a separate case in a vast conspiracy to overturn the election. Besides the two election-related cases, Trump faces a federal indictment accusing him of illegally hoarding classified documents as well as a New York state case charging him with falsifying business records.

    Source link

  • Palo Alto Networks earnings, outlook top Street expectations as SEC cyberattack reporting rule drives demand

    Palo Alto Networks earnings, outlook top Street expectations as SEC cyberattack reporting rule drives demand

    Palo Alto Networks Inc. shares rallied Friday after hours as the cybersecurity company topped expectations with its latest earnings, as well as with its forecasts for profit and billings, outlining that new reporting rules and AI-backed adversaries are driving adoption.

    The stock
    PANW,
    +1.02%

    was rallying more than 9% in the extended session, following a 1% gain in the regular session to close at $209.69.

    Palo Alto Networks forecast first-quarter adjusted earnings of $1.15 to $1.17 a share on revenue of $1.82 billion to $1.85 billion and billings of $2.05 billion to $2.08 billion. Analysts were estimating $1.11 a share on revenue of $1.93 billion and billings of $2.04 billion for the first quarter.

    For the year, the company expects $5.27 to $5.40 a share on revenue of $8.15 billion to $8.2 billion on billings of $10.9 billion to $11 billion. Analysts tracked by FactSet had been projecting $4.98 a share on revenue of $8.38 billion and billings of $10.81 billion for the year.

    The company defines billings as “total revenue plus the change in total deferred revenue, net of acquired deferred revenue, during the period,” and is a metric used to account for subscriptions.

    On the extended call with analysts, Nikesh Arora, the company’s chairman and chief executive, said that while strong fourth-quarter results did not come as a surprise, what did come as a surprise was the speed of adoption of its Cortex XSIAM AI-driven security platform, especially now that regulators are going to start requiring quick disclosures for material cyberattacks.

    Palo Alto Networks reported fiscal fourth-quarter net income of $227.7 million, or 64 cents a share, compared with $3.3 million, or a penny a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $1.44 a share, compared with 80 cents a share in the year-ago period.

    Revenue rose to $1.95 billion from $1.55 billion in the year-ago quarter, while billings rose 18% to $3.2 billion. Analysts surveyed by FactSet had forecast $1.29 a share in adjusted earnings on revenue of $1.96 billion and billings of $3.18 billion.

    The company launched XSIAM in October, and set a goal of booking more than $100 million in the first year. Arora said that in less than a year, XSIAM has already brought in $200 million, indicating that interest in applying AI to enhance security is “very high.”

    In late July, the Securities and Exchange Commission adopted new rules requiring companies to disclose cyberattacks within four days of making the determination the intrusion has a material effect on results.

    “Our customers have told us loud and clear that the legacy products powering their stacks are no longer working and they need to reduce by an order of magnitude,” Arora told analysts. “This becomes increasingly important with the new SEC rules detailing that all public companies will be required to report material breaches within four business days.”

    On the call, Lee Klarich, Palo Alto Networks chief product officer, told analysts that it wasn’t long ago that the average time between an initial hack and stealing data was about 44 days. Now, that can happen in a matter of hours, which is a huge problem, Klarich said, noting that attackers are adopting AI to perform attacks.

    “On average the industry is able to respond and remediate attacks in about six days: That doesn’t work,” Klarich said. “And even more challenging now with the SEC new rules of being able to disclose within four days, none of the math adds up.”

    Five years ago, Palo Alto Networks was already in the middle of an M&A spree to transform itself from a firewall company to a multiproduct security platform, and showed no signs of slowing down until August 2021, when the company decided to report earnings without announcing an M&A deal, after having acquired 14 companies over the previous three-and-a-half years.

    Nvidia Corp.
    NVDA,
    -0.10%
    ,
    which also has a huge stake in AI, reports results after the bell on Wednesday.

    Palo Alto Networks is a new entrant to the S&P 500 index
    SPX,
    having gotten the nod in June. As of Friday’s close, Palo Alto Networks shares have gained 50.3% year to date, compared with a 12.4% gain on the ETFMG Prime Cyber Security exchange-traded fund
    HACK,
    a 13.8 % gain on the S&P 500, and a 27% rise on the tech-heavy Nasdaq Composite
    COMP.

    Source link

  • Appeals court rules to restrict abortion-pill access, but it will remain widely available for now

    Appeals court rules to restrict abortion-pill access, but it will remain widely available for now

    A federal appeals court ruled Wednesday that access to the abortion pill mifepristone should be restricted, although the pill will remain widely available for now as the case moves through the appeals process.

    The opinion from a three-judge panel of the U.S. Fifth Circuit Court of Appeals said that mifepristone should remain available but with increased restrictions, effectively barring patients from accessing the pill by mail.

    In…

    Source link

  • Hawaiian Electric’s stock slides 26% as S&P downgrades credit to junk on risk from Maui wildfire lawsuits

    Hawaiian Electric’s stock slides 26% as S&P downgrades credit to junk on risk from Maui wildfire lawsuits

    Hawaiian Electric Industries Inc.’s stock added to losses Tuesday, tumbling 26% after S&P Global Ratings downgraded its rating on the utility company to junk.

    S&P Global Ratings cut its rating on the company HE to BB- and placed it on CreditWatch negative, meaning the rating agency could downgrade it again in the near term.

    The devastating…

    Source link

  • Donald Trump indicted in Georgia election-interference case

    Donald Trump indicted in Georgia election-interference case

    Former President Donald Trump was criminally indicted by a grand jury in Georgia’s Fulton County on Monday night in connection with a probe into his efforts to overturn the state’s results in the 2020 presidential election.

    The 41-count indictment against Trump and 18 of his associates, including Trump attorney Rudy Giuliani, then-White House chief of staff Mark Meadows and Trump adviser John Eastman, was handed to a judge in Atlanta around 9 p.m. Eastern after a daylong session by the Fulton County grand jury, and the details…

    Source link

  • Founder of failed crypto exchange FTX, Bankman-Fried, jailed in New York

    Founder of failed crypto exchange FTX, Bankman-Fried, jailed in New York

    FTX founder Sam Bankman-Fried was sent to jail Friday to await trial after a bail hearing for the fallen cryptocurrency wiz left a judge convinced that he had repeatedly tried to influence witnesses against him.

    U.S. District Judge Lewis A. Kaplan ordered Bankman-Fried’s bail revoked after prosecutors said he’d tried to harass a key witness in his fraud case last month when he showed a journalist her private writings and in January when he reached out to the general counsel for FTX with an encrypted communication.

    His lawyers insisted he shouldn’t be jailed for trying to protect his reputation against a barrage of unfavorable news stories.

    Kaplan said he had concluded there was probable cause to believe Bankman-Fried had tried to “tamper with witnesses at least twice” since his December arrest.

    A defense lawyer said an appeal of the incarceration order would be filed and asked for an immediate stay of the order.

    The 31-year-old has been under house arrest at his parents’ home in Palo Alto, California, since his December extradition from the Bahamas on charges that he defrauded investors in his businesses and illegally diverted millions of dollars’ worth of cryptocurrency from customers using his FTX exchange.

    Bankman-Fried’s $250 million bail package severely restricts his internet and phone usage.

    Two weeks ago, prosecutors surprised Bankman-Fried’s attorneys by demanding his incarceration, saying he violated those rules by giving The New York Times the private writings of Caroline Ellison, his former girlfriend and the ex-CEO of Alameda Research, a cryptocurrency trading hedge fund that was one of his businesses.

    Prosecutors maintained he was trying to sully her reputation and influence prospective jurors who might be summoned for his October trial.

    Ellison pleaded guilty in December to criminal charges carrying a potential penalty of 110 years in prison. She has agreed to testify against Bankman-Fried as part of a deal that could lead to a more lenient sentence.

    Bankman-Fried’s lawyers argued he probably failed in a quest to defend his reputation because the article cast Ellison in a sympathetic light. They also said prosecutors exaggerated the role Bankman-Fried had in the article.

    They said prosecutors were trying to get their client locked up by offering evidence consisting of “innuendo, speculation, and scant facts.”

    Since prosecutors made their detention request, Kaplan has imposed a gag order barring public comments by people participating in the trial, including Bankman-Fried.

    David McCraw, a lawyer for the Times, had written to the judge, noting the First Amendment implications of any blanket gag order, as well as public interest in Ellison and her cryptocurrency trading firm.

    Ellison confessed to a central role in a scheme defrauding investors of billions of dollars that went undetected, McGraw said.

    “It is not surprising that the public wants to know more about who she is and what she did and that news organizations would seek to provide to the public timely, pertinent, and fairly reported information about her, as The Times did in its story,” McGraw said.

    Source link

  • Phil Mickelson responds to sports betting allegations: ‘I never bet on the Ryder Cup’

    Phil Mickelson responds to sports betting allegations: ‘I never bet on the Ryder Cup’

    ‘I never bet on the Ryder Cup. While it is well known that I always enjoy a friendly wager on the course, I would never undermine the integrity of the game.’

    That was golf star Phil Mickelson responding to allegations he wagered more than $1 billion on football, basketball and baseball over the past three decades, and attempted to bet on the Ryder Cup, too.

    The claims were made by professional gambler and Las Vegas businessman Billy Walters in a book due out on Aug. 22, “Gambler: Secrets from a Life of Risk.” Walters said Mickelson placed hundreds of bets with him for exactly $220,000 and 1,115 bets for precisely $110,000 over the span of three decades. Walters claims that Mickelson also asked him to place a $400,000 bet on the U.S. team to win the 2012 Ryder Cup, a request that Walters said he declined, according to excerpts of the book reported by The FirePit Collective. 

    PGA Tour players are prohibited from wagering on events under the organization’s Integrity Program.

    “​​I have also been very open about my gambling addiction,” Mickelson continued in his statement shared on social media. “I have previously conveyed my remorse, took responsibility, have gotten help, have been fully committed to therapy that has positively impacted me and I feel good about where I am now.”

    Mickelson did not specifically address Walters’s claims that he wagered over $1 billion on sports, or that he lost more than $100 million on his bets during the multi-decade span.

    Walters is viewed as one of the more successful professional gamblers in recent memory, with sportsbooks limiting the amount he could wager at their establishments. He was convicted of insider trading in 2017 and served five years in federal prison. Mickelson was named in that insider-trading case; he was not accused of wrongdoing but agreed to pay back close to $1 million earned on a stock tip he received from Walters.

    Representatives for Mickelson did not respond to MarketWatch’s request for comment for this story.

    Mickelson was one of the first professional golfers to leave the PGA Tour for LIV Golf last year. He was offered roughly $200 million to join the Saudi-backed league, according to the Golf Channel’s Brentley Romine. The PGA Tour, the DP World Tour and the Saudi-backed LIV Golf circuit reached a landmark merger agreement in June that aims to create a single operation that would “unify” golf.

    See also: PGA Tour head: it will be ‘difficult’ to earn players trust after LIV merger

    And: Tiger Woods turned down LIV Golf offer in the ‘neighborhood’ of $700 million, says Greg Norman

    Some fellow professional golfers reacted to the alleged gambling issues by taking a few swings at Mickelson.

    “At least he can bet on the Ryder Cup this year because he won’t be a part of it,” golfer Rory McIlroy said on Thursday. McIlroy, one of the PGA Tour’s staunchest defenders in its battle against LIV Golf, has been critical of Mickelson and LIV on multiple occasions.

    Golfers including Mickelson and Dustin Johnson have been criticized for joining LIV Golf and turning a blind eye to Saudi Arabia’s human-rights record. According to the U.S. State Department, Saudi Arabia has in recent years been linked to multiple human-rights violations, including unlawful killings; executions for nonviolent offenses; forced disappearances; torture and cases of cruel and inhuman or degrading treatment of prisoners and detainees by government agents, among other offenses.

    Golfer Jordan Speith, a three-time major championship winner, said people in the golf world were “surprised” by the recent headlines about Mickelson.

    Mickelson’s alleged gambling predates the summer of 2018, when the Supreme Court lifted a U.S. ban on sports betting, allowing states to create legislation to legalize gambling. Since then, 34 states allow some form of legal sports betting, according to the latest tally by the American Gaming Association.

    It’s estimated that between 1% and 3% of the American adult population has some sort of gambling issue, although some groups believe the actual number could be even higher.

    “We didn’t have a good problem-gambling infrastructure in place prior to the expansion of sports betting, and we still don’t,” Keith Whyte, executive director of the National Council on Problem Gambling, was quoted as having told the Charlotte Observer in February.

    U.S. sportsbooks accepted $93 billion in sports bets in 2022, according to the American Gaming Association’s Tracker, a massive jump from the $57.22 billion wagered in 2021.

    Source link

  • Trump pleads not guilty in Jan. 6 case

    Trump pleads not guilty in Jan. 6 case

    Former President Donald Trump entered pleas of not guilty Thursday at an arraignment in Washington, D.C., giving his formal response to his four-count indictment over his efforts to overturn the 2020 presidential election, including his role in the Jan. 6, 2021, attack on the U.S. Capitol.

    Trump, the frontrunner in polls for the 2024 Republican presidential nomination, has denied wrongdoing, and earlier Thursday he continued to criticize the legal proceedings as largely about helping President Joe Biden, a Democrat, in next year’s election.

    “The Dems don’t want to run against me or they would not be doing this unprecedented weaponization of ‘Justice.’ BUT SOON, IN 2024, IT WILL BE OUR TURN,” Trump said in a post on his Truth Social platform.

    In Tuesday’s 45-page indictment, Trump was hit with charges that included conspiracy to defraud the U.S. and conspiracy to obstruct an official proceeding.

    Related: Bill Barr says Jan. 6 indictment is ‘legitimate’ and that Trump knew he lost the election

    The former president’s appearance in Washington is just one step in a legal battle that will likely take months or even years to play out.

    Special counsel Jack Smith on Tuesday said his office “will seek a speedy trial” in the Jan. 6 case, but Trump defense attorney John Lauro has pushed back repeatedly on Smith’s statement, telling NPR on Wednesday that his side wants “a just trial, not simply a speedy trial,” and that the trial itself “could last six months or nine months or even a year.”

    Trump’s legal team looks likely to make change-of-venue requests, with the former president talking up West Virginia in a Truth Social post late Wednesday. He said the Jan. 6 case “will hopefully be moved to an impartial Venue, such as the politically unbiased nearby State of West Virginia! IMPOSSIBLE to get a fair trial in Washington, D.C., which is over 95% anti-Trump.”

    The next hearing in the case was reportedly scheduled for Aug. 28, which would be five days after the first GOP presidential primary debate.

    Trump also entered pleas of not guilty earlier this year in a Manhattan case over hush-money payments and in a Miami case over classified documents. Another investigation, in Georgia’s Fulton County, centers on efforts by Trump and his allies to undo that state’s 2020 election result. The county prosecutor said over the weekend that she will announce charging decisions by Sept. 1 in that probe.

    Biden told CNN Thursday that he was not planning to follow Trump’s arraignment, responding with an emphatic “no” when asked about it during a bike ride in Rehoboth Beach, Del., where he is vacationing this week.

    Now read: ‘You’re too honest’: Donald Trump’s alleged Jan. 6 conspiracies, explained

    And see: Trump indictment: What does arraignment mean, and what happens next?

    Plus: How DeSantis is leading Trump in cash on hand, even as the former president dominates in polls

    Source link

  • ‘You’re too honest’: Donald Trump’s alleged Jan. 6 conspiracies, explained

    ‘You’re too honest’: Donald Trump’s alleged Jan. 6 conspiracies, explained

    Once is an accident, twice is a coincidence and three times is a conspiracy.

    Former President Donald Trump is accused by federal prosecutors of engaging in three major conspiracies ahead of the Jan. 6, 2021, Capitol riot to subvert the process of counting and certifying the vote before Congress in his bid to hold on to power despite having lost the 2020 election.

    While spreading lies about how votes had been illegally cast, tampered with or miscounted in order to build mistrust among the public about the election’s outcome, special counsel Jack Smith says Trump and a group of six unnamed lawyers and advisers plotted to illegally meddle with the very basis of how presidential elections have been run in the U.S since its founding.

    A four-count indictment unsealed in federal court in Washington on Tuesday alleges that the group worked unrelentingly to tamper with how several states counted their ballots and the process by which states sent electors to Washington to finalize their vote. The indictment also accused Trump of pressuring the Justice Department and Vice President Mike Pence to intervene even though they had no standing to do so.   

    “Each of theses conspiracies — which built upon the widespread mistrust the defendant was creating through pervasive and destabilizing about election fraud — targeted a bedrock function of the United States federal government: the nation’s process of collecting, counting, and certifying the results of the presidential election,” the indictment read.

    Trump has dismissed the charges as being purely politicized.

    “The lawlessness of these persecutions of President Trump and his supporters is reminiscent of Nazi Germany in the 1930s, the former Soviet Union, and other authoritarian, dictatorial regimes,” a statement released by his campaign read. “President Trump has always followed the law and the constitution, with advice from many highly accomplished attorneys.”

    The charges allege three acts of conspiracy and one of obstructing an official proceeding. Here are the main legal arguments Smith makes against the former president:

    ‘We have lots of theories’

    Prosecutors say that starting almost immediately after the election on Nov. 3, 2020, Trump began a campaign to get officials in key states like Arizona, Nevada, New Mexico, Pennsylvania, Michigan, Wisconsin and Georgia to overturn the election results.

    Trump pressured state officials to throw the vote out based on allegations ranging from dead people voting to non-citizens casting ballots, and from voting machines being tampered to ballot-box stuffing, despite there being no evidence any of it had occurred. 

    “We don’t have evidence, but we have lots of theories,” one of Trump’s co-conspirators allegedly told the speaker of the house of Arizona, a Trump-backer, when asked what proof they had about electoral malfeasance.

    When officials in the states refused to go along with Trump’s request to decertify the results, the president continued to publicly trumpet false claims about voter fraud and attack local officials as “terrible people” who were in on the fraud, the indictment said.

    Smith said that Trump continued to make the claims despite having been told repeatedly by numerous people in multiple agencies — many of them his own supporters — that there was no truth to it and having lost case after case in court. 

    “When our research and campaign team can’t back up any of the claims made by our Elite Strike Force Legal Team, you can see why we’re 0-32 on our cases,” one senior campaign advisor said, according to the indictment. “It’s tough to own any of this when it’s all just conspiracy s*** beamed down from the mothership.”

    Smith argues that this effort amounted to using deceit to subvert the election’s result, which is against the law. 

    Phony electors

    One key component of the conspiracy case against Trump revolves around efforts to create a competing slate of electors from each challenged state.

    As part of the presidential electoral process, every state sends electors to Washington to deliver the vote to congress. It’s a mostly ceremonial procedure, but Trump’s legal team is accused of hatching a plot to send a second group of electors who backed Trump from several states in order to create confusion in Congress and force legislators in Washington to have to debate the election’s outcome.  

    No matter that the second slate of electors hadn’t been approved by officials in the states they purported to represent and were not authorized in any way, the indictment says. The effort was so patently bogus that Trump’s team even referred to the group as “phony electors” in their own correspondence, the indictment stated. 

    In the indictment, Smith said the effort amounted to a conspiracy to commit fraud.  

    ‘You’re too honest’

    A third leg of the conspiracy allegedly involved pressuring officials at the Justice Department and Pence to intervene in the election even though they had no standing to do so.  

    The indictment says Trump and his co-conspirators repeatedly communicated with then acting attorney general Jeffrey Rosen and insisted that he declare ahead of the Jan. 6 certification of the election by Congress that there had been evidence of fraud.

    When Rosen said he would not do that because there was no such evidence, Trump allegedly threatened to replace him with one of the unnamed co-conspirators included in the indictment. 

    At one point, a deputy White House counsel told the co-conspirator that “there is no world, there is no option in  which you do not leave the White House,” and warned that there would be “riots in the streets” if Trump attempted to remain in office, to which the co-conspirator allegedly said: “That’s why there is an Insurrection Act.”

    For weeks ahead of the Jan. 6 certification hearing in Congress, Trump and his cohorts pressured Pence to refuse to certify the vote tally, a purely ceremonial task the vice president has presided over since the country’s founding. 

    Pence steadfastly refused to do so, saying his legal team had told him there was no constitutional basis for the vice president to be able to overturn an election at the last minute. In a phone call less than a week before Jan. 6, Trump allegedly berated Pence and told him, “You’re too honest.”

    When a senior White House advisor told one of the unnamed co-conspirators that if Pence tried to overturn the election it would lead to violence in the streets, the co-conspirator allegedly said that there had been times in the country’s history where violence was necessary to protect the Republic, the indictment said.

    In the days and hours leading up to the Jan. 6 riot, Trump posted several messages on Twitter stating that Pence had the authority to overturn the election and continuing to pressure him to do so. 

    Exploiting the chaos

    On Jan. 6, after Pence issued a statement saying he did not have the authority to not certify the vote, protests outside Congress turned violent, with hundreds of rioters clashing with police and storming the building, delaying the proceedings.

    During the standoff, some of Trump’s co-conspirators tried to reach members of Congress and the Senate to convince them to further delay the certifying process in order to buy Trump more time to convince state legislatures to nullify the already-approved votes, the indictment says.

    Later that afternoon, Trump tweeted: “See, this is what happens when they try to steal an election. These people are angry. These people are really angry about it. This is what happens.” 

    Source link

  • Trump indicted by special counsel over efforts to overturn 2020 election

    Trump indicted by special counsel over efforts to overturn 2020 election

    Former President Donald Trump on Tuesday was indicted by a grand jury in Washington, D.C., in connection with the Justice Department’s probe into efforts to overturn the 2020 presidential election, including the Jan. 6, 2021, attack on the U.S. Capitol.

    Special counsel Jack Smith has been examining Trump’s actions leading up to the Jan. 6 attack. On that day, a mob of Trump supporters stormed the Capitol building in an attempt to disrupt the congressional certification of the election results.

    In Tuesday’s 45-page indictment, Trump was hit with four charges: conspiracy to defraud the U.S., conspiracy to obstruct an official proceeding, obstruction of and attempt to obstruct an official proceeding and conspiracy against rights.

    “The attack on our nation’s capitol on Jan. 6, 2021, was an unprecedented assault on the seat of American democracy,” Smith said at a news conference.

    “As described in the indictment, it was fueled by lies — lies by the defendant targeted at obstructing a bedrock function of the U.S. government, the nation’s process of collecting, counting and certifying the results of the presidential election.”

    Trump is expected to be arraigned on Thursday in Washington.

    “In this case, my office will seek a speedy trial so that our evidence can be tested in court and judged by a jury of citizens,” Smith also said.

    The indictment said Trump had six co-conspirators, and it indicated that four of the individuals were attorneys, one was a political consultant and another was a Justice Department official.

    Trump has denied wrongdoing and is the overwhelming favorite in polls for the GOP nomination for the 2024 presidential race, far ahead in a crowded field that includes Florida Gov. Ron DeSantis, former Vice President Mike Pence, former New Jersey Gov. Chris Christie and entrepreneur Vivek Ramaswamy. The former president on July 18 said he’d gotten a letter informing him he is a target of that probe. He said he anticipated being indicted.

    Read: Trump says he’s a target of special counsel Jack Smith’s Jan. 6 case

    The indictment ratchets up legal pressure for Trump as he seeks the 2024 GOP nomination and aims to challenge Democratic President Joe Biden. The former president is already facing federal charges in Florida that he mishandled classified documents after leaving the White House, and criminal charges in New York over a hush-money case. A separate election-interference investigation is underway in Georgia.

    Read more: Trump has now been indicted in a third case. Here’s where all the investigations stand.

    “This is nothing more than the latest corrupt chapter in the continued pathetic attempt by the Biden crime family and their weaponized Department of Justice to interfere with the 2024 presidential election, in which President Trump is the undisputed frontrunner, and leading by substantial margins,” said Trump’s 2024 campaign in a statement.

    “The lawlessness of these persecutions of President Trump and his supporters is reminiscent of Nazi Germany in the 1930s, the former Soviet Union, and other authoritarian, dictatorial regimes,” the statement also said.

    In addition, Trump’s campaign made an effort to raise money off the latest indictment, sending an email from the 45th president that asked supporters to “make a contribution to show that you will NEVER SURRENDER our country to tyranny as the Deep State thugs try to JAIL me for life.”

    Trump’s former vice president, Mike Pence, who’s also seeking the GOP presidential nomination, said in a statement late Tuesday: “Today’s indictment serves as an important reminder: anyone who puts himself over the Constitution should never be president of the United States,” adding he will have more to day after reviewing the indictment.

    An indictment does not disqualify Trump from mounting a White House campaign. The only requirements to run for president, as laid out in the Constitution, are being a natural-born citizen at least 35 years old and a resident of the U.S. for 14 years.

    Washington Watch: Donald Trump indicted again. Can he still run for president?

    Source link

  • China-Founded Rivals Ramp Up War for American Shoppers

    China-Founded Rivals Ramp Up War for American Shoppers

    China-Founded Rivals Ramp Up War for American Shoppers

    Source link

  • Trump asked staffer to delete Mar-a-Lago camera footage, updated indictment alleges

    Trump asked staffer to delete Mar-a-Lago camera footage, updated indictment alleges

    WASHINGTON — Donald Trump faced new charges Thursday in a case accusing him of illegally possessing classified documents, with prosecutors alleging that he asked a staffer to delete camera footage at his Florida estate in an effort to obstruct a federal investigation into the records.

    The indictment includes new counts of obstruction and willful retention of national defense information, adding fresh detail to an indictment issued last month against Trump and a close aide. The additional charges came as a surprise at a time of escalating anticipation of a possible additional indictment in Washington over his efforts to overturn the results of the 2020 presidential election. The updated allegations make clear the vast — and unknown — scope of legal exposure faced by Trump as he seeks to reclaim the White House in 2024 while fending off criminal cases in multiple cities.

    The new allegations from special counsel Jack Smith center on surveillance footage at Trump’s Mar-a-Lago estate in Palm Beach, evidence that has long been vital to the case. Trump is alleged to have asked to have the footage deleted after FBI and Justice Department investigators visited in June 2022 to collect classified documents he took with him after leaving the White House. The new indictment also charges him with i llegally holding onto a document he’s alleged to have shown off to visitors in New Jersey.

    A Trump spokesperson dismissed the new charges as “nothing more than a continued desperate and flailing attempt” by the Biden administration “to harass President Trump and those around him” and to influence the 2024 presidential race.

    Prosecutors accuse Trump of scheming with his valet, Walt Nauta, and a Mar-a-Lago property manager, Carlos De Oliveira, to conceal the footage from federal investigators after they issued a subpoena for it. Video from the property would ultimately play a significant role in the investigation because, prosecutors said, it captured Nauta moving boxes of documents in and out of a storage room — including one such incident a day before a Justice Department visit to the property.

    According to the indictment, Nauta met with De Oliveira on June 25, 2022, at Mar-a-Lago, where they went to a security guard booth where surveillance video was displayed on monitors and walked with a flashlight through a tunnel where the storage room was located, observing and pointing out surveillance cameras.

    Two days later, according to the indictment, De Oliveira walked with an unidentified Trump employee to an audio room, where De Oliveira asked how many days the server retained footage.

    De Oliveira, prosecutors said, told the other employee “that ‘the boss’ wanted the server deleted” and asked, “What are we going to do?”

    During a voluntary interview with the FBI last January, prosecutors say, De Oliveira lied when he said he “never saw nothing” with regard to boxes at Mar-a-Lago.

    De Oliveira was added to the indictment, charged with obstruction and false statements related to an interview he gave the FBI earlier this year. His lawyer declined to comment Thursday evening.

    The new charges were filed as Trump is bracing for the prospect of charges related to his efforts to undo the 2020 election in the run-up to the Jan. 6, 2021, riot at the U.S. Capitol. Last week, he revealed he had received a letter from the Justice Department informing him he was a target in that probe, suggesting that charges could be forthcoming, and his lawyers met with prosecutors on Smith’s office earlier Thursday to discuss that case.

    But despite the anticipation. the only charges filed Thursday were in Florida, not Washington.

    The superseding indictment also charges Trump with an additional count of willfully retaining national defense information, relating to a document he showed off to visitors at his Bedminster, New Jersey, golf club during an July 2021 interview for a memoir by his onetime chief of staff Mark Meadows. Prosecutors have described the document as a Pentagon plan of attack and Meadows, in his subsequent book, said the country it concerned was Iran.

    According to the indictment, Trump returned that document, which was marked as top secret and not approved to show to foreign nationals, to the federal government on Jan. 17, 2022.

    Trump has denied he had secret documents before him when he spoke.

    “There wasn’t a document. I had lots of paper. I had copies of newspaper articles, I had copies of magazines, I had copies of everything,” he said in an interview with Fox News host Bret Baier.

    The count was notable because prosecutors until now had mostly been focused on the records that Trump had refused to return in response to a Justice Department subpoena last year.

    Both Trump and Nauta have pleaded not guilty to the original 38-count indictment. De Oliveira is due in court in Florida on Monday.

    Source link