City Manhattan Financial News

The stepbrother of a former Goldman Sachs Group Inc. associate was sentenced to a year of probation for trading on inside tips taken from the investment bank and from Blackstone Inc. 

NovaTech and its married co-founders, saying they fraudulently raised over $650 million from more than 200,000 investors worldwide, including many Haitian-Americans. NovaTech and co-founders Cynthia and Eddy Petion allegedly promised investors their money would be safe, with Cynthia Petion assuring they would be «in profit from day one.» The SEC said the Petions instead used new money mainly to repay earlier investors and pay commissions to promoters, while siphoning millions of dollars for themselves. It said the scheme lasted for four years until NovaTech's May 2023 collapse.

The United States Homeland Security Investigations (HSI) has charged a Las Vegas resident for operating a fraudulent cryptocurrency recovery scheme.

David Gentile, founder and CEO of GPB Capital Holdings, and Jeffry Schneider, broker-deal chief, were founder guilty on all fraud counts they faced on Thursday morning in a seven-week trial in federal court in downtown Brooklyn.

A California entrepreneur sought to merge the bitcoin culture with celebrities.

Jennifer Aniston was seen drenched in oil which was thrown at her. However, it was neither a protest nor an act of violence as it was part of a scene of "The Morning Show" season 4. The filming of the popular Apple TV+ show was going on in Manhattan on Sunday, as per a report on New York Post.

Warner Bros

nuclear war and a Hiroshima-Nagasaki crisis.

Mata Hari of her kind, but different in many other ways too. Sue Mi Terry, a native of Seoul South Korea, who now lives in Manhattan, used her position as a respected foreign policy expert and extracted or stole vital information. She spent more than a decade working as a secret South Korean agent and stole many information on many projects. But contrary to Mata Hari, the German spy during World War I, Sue Mi Terry, received luxury handbags, designer duds and meals at Michelin-starred restaurants.

meteor was seen soaring over the Statue of Liberty before disintegrating about 30 miles above Midtown Manhattan on Tuesday morning. NASA has reported that the rock passed through the atmosphere over the Big Apple around 11:15 a.m. New Yorkers reported watching a flash of fire streak across the sky at the same time. They also said that they felt the ground lightly shaking beneath their feet, reports 'New York Post'. Confirming the incident, the Meteoroid Environments Office of NASA said in a Facebook post that the American Meteor Society has provided eyewitnesses of a sighting of a «fireball and booms and shakings» between 10 a.m. and noon Eastern time.

Exiled Chinese businessman Guo Wengui, also known as Miles Guo, has been found guilty of defrauding his supporters in a billion-dollar scam associated with his company, GTV Media Group.

Last week was a busy one for Prime Minister Justin Trudeau. Leaks undermining his finance minister surfaced, as did reports that he was courting former Bank of Canada governor Mark Carney. But the biggest splash was in the New York Post, which reported that Canada quietly spent US$6.63 million (C$9 million) to buy a lavish condo overlooking Central Park on Billionaires’ Row in Manhattan, which we later learned is meant to house our consul general, former broadcaster Tom Clark.

The second phase of the civil trial against the National Rifle Association and its top executives is opening in New York

Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying «all indications» show his delay was a mistake. In a late Wednesday night filing in Manhattan federal court, Musk called it implausible to believe he wanted to defraud shareholders who didn't know he had taken a 9.2% Twitter stake, and missed out on big gains because they sold their own stock.

George Stephanopoulos was embarrassed after a video went viral in which he could be seen saying that US President Joe Biden is not fit to serve a second term in office. The news anchor had a few days back conducted an interview with the president which had been well received and became a discussion point among many. He immediately regretted his frank exchange of views with a stranger after the video went viral. The news channel too has distanced itself from these comments. Further, Biden’s interview covered a wide range of topics including his disastrous performance in the first presidential debate as well as demands by various Democrats to replace him on the ballot box.

Hunter Biden has sued Fox News accusing the American news outlet of unlawfully publishing explicit images of him as part of a series. President Joe Biden's son has filed the lawsuit in state court in Manhattan. The bone of contention here is the images that were used in «The Trial of Hunter Biden». The show was released on the streaming service Fox Nation in 2022. The lawsuit claims the dissemination of intimate images without his consent violated New York's so-called revenge porn law.

New York judge on Tuesday delayed Donald Trump's sentencing for his conviction on criminal charges stemming from hush money paid to a porn star until Sept. 18, after the former U.S. president asked for a chance to argue he should have been immune from prosecution. The sentencing had previously been set for July 11, just days before the Republican National Convention begins in Milwaukee on July 15. Trump is expected to be his party's nominee to challenge Democratic President Joe Biden in the Nov. 5 election. Trump faces an uphill battle getting the hush money conviction overturned, since much of the conduct at issue in the case predated his time in office. Trump's lawyers on Monday asked Justice Juan Merchan to allow them to argue his conviction in New York state court in Manhattan should be overturned due to the U.S. Supreme Court's ruling on July 1 that presidents are entitled to immunity from criminal prosecution for official acts. Prosecutors with Manhattan District Attorney Alvin Bragg's office said Trump's argument was «without merit,» but agreed to delay the sentencing to give Trump the chance to make his case. A Manhattan jury on May 30 found him guilty of falsifying business records to cover up his former lawyer Michael Cohen's $130,000 payment to adult film actress Stormy Daniels to stay quiet about an alleged 2006 sexual encounter until after the 2016 election, when Trump defeated Democrat Hillary Clinton.

NEW YORK—Patrons at the Comfort Diner in Midtown Manhattan recently encountered an unexpected person working the tables: Gov. Kathy Hochul. Rather than take orders, she went booth to booth seeking opinions about the city’s first-in-the-nation plans for congestion pricing—a $15 toll on vehicles entering the core of Manhattan.

Melania Trump’s absence during the first US presidential debate in Atlanta and her prolonged absence from her husband’s political campaigns has left some people curious. She has not been a part of any major event alongside Donald Trump and this has raised questions pertaining to their relationship. During the event on Thursday, Joe Biden was joined by his wife Jill Biden while Trump was with his advisors. The debate between the two potential presidential nominees ended with Trump having an edge. He appeared to be confident and cornered Biden on many issues.

New York's governor has signed a bill that would allow parents to block their children from getting social media posts suggested by a platform’s algorithm, a move to limit feeds critics argue are addictive