Fraud

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Feds allege Hwang "propped up a $36 billion house of cards by engaging in a constant cycle of manipulative trading." ...
Archegos Capital Management founder Bill Hwang, and Patrick Halligan were arrested by feds and indicted on charges including securities fraud, wire fraud and racketeering. ...
The New York Times obtained newly leaked audio of GOP leader Kevin McCarthy from days after the Capitol riot. McCarthy feared lawmakers were putting "people in jeopardy" and warned the country was "too crazy." The new audio comes as one Republican lawmaker loses trust in McCarthy and, despite investigations, many GOP candidates are running on Trump’s election lie. Joyce Vance and David Frum join Ari Melber on The Beat. ...
Jimmy Patronis, the CEO of Florida, warned on Monday about a FTC report that said consumer fraud was up 70% in 2021 compared to 2020. ...

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