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Saturday, dec 28
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44°
Saturday, dec 28
Tag:
Credit Suisse
News
Billion-Dollar Stock Fraud: Indicted Bergen County Businessman Freed On $100M Bond
A Bergen County businessman was arrested by federal agents on charges of orchestrating a massive market manipulation scheme that caused one of the biggest Wall Street trading collapses in history. Sung Kook “Bill” Hwang put the entire financial system at risk by conspiring with his former chief financial officer to boost profits for his Archegos Capital Management by lying to banks to inflate the stock prices of publicly traded companies, federal prosecutors said on Wednesday, April 27. The fraud scheme ballooned Hwang’s personal fortune from $1.5 billion to more than $35 billion in a singl…
Lifestyle
She Said Yes! Lindsay Lohan Announces Engagement
Lindsay Lohan is getting married. The 35-year-old actress announced her engagement to Bader Shammas on Sunday, Nov. 28. View this post on Instagram A post shared by Lindsay Lohan (@lindsaylohan) "My love. My life. My family. My future," Lohan captioned photos posted on Instagram, showing her engagement ring, and tagging Shammas in the post. According to a report from People, Shammas is Credit Suisse's assistant vice president, and he lives in Dubai. Lohan was born in New York City and grew up on Long Island.