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$44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever $44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever
$44M COVID Tax Scheme: 7 Nabbed In Largest US Case Ever Seven New Yorkers have been charged in a sweeping tax fraud scheme, accused of exploiting pandemic relief programs to steal over $44 million, federal prosecutors announced. The indictment by the US Attorney's Office for the Eastern District of New York, unsealed Wednesday, Jan. 22, alleges that the defendants filed over 8,000 fraudulent tax returns, seeking more than $600 million in COVID-19 relief funds through the Employee Retention Credit (ERC) and related programs. Investigators determined the group successfully secured $44 million from the federal government. Defendants Long Island …

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by Joe Lombardi
Business
Tesla Recalls 239,000+ Cars For Rearview Camera Glitch In Automaker's Latest Safety Issue Tesla Recalls 239,000+ Cars For Rearview Camera Glitch In Automaker's Latest Safety Issue
Tesla Recalls 239,000+ Cars For Rearview Camera Glitch In Automaker's Latest Safety Issue Tesla is recalling nearly 240,000 vehicles after a defect was discovered that could cause rearview cameras to fail, increasing the risk of crashes, officials said. Tesla issued a recall for 239,382 cars across its 2023-25 Model X and Model Y vehicles, along with its 2024-25 Model S and Model 3 lineup, according to the National Highway Traffic Safety Administration (NHTSA). A defect in the cars' computer circuit boards can result in losing rearview camera functionality. The issue violates the Federal Motor Vehicle Safety Standard (FMVSS) for rear visibility and could compromise dri…

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by Chris Spiker
Business
2.5+ Million Teslas Investigated For Crashes Linked To Remote Driving Feature, NHTSA Says 2.5+ Million Teslas Investigated For Crashes Linked To Remote Driving Feature, NHTSA Says
2.5+ Million Teslas Investigated For Crashes Linked To Remote Driving Feature, Nhtsa Says A federal investigation has been launched into more than 2.5 million Tesla vehicles after reports of crashes involving a system that allows vehicles to be remotely controlled through a smartphone app, officials said. The National Highway Traffic Safety Administration (NHTSA) opened the probe into Tesla's "Actually Smart Summon" system on Monday, Jan. 6. A preliminary investigation report said the auto safety agency was looking into at least four crashes involving Teslas using the self-driving feature. The investigation includes an estimated 2,585,000 Teslas with full self-dri…

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by Chris Spiker