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Billion-Dollar Stock Fraud: Indicted Bergen County Businessman Freed On $100M Bond Billion-Dollar Stock Fraud: Indicted Bergen County Businessman Freed On $100M Bond
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…

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by Jerry DeMarco
Police & Fire
CANCELLED: COPS TV Show Gone For Good CANCELLED: COPS TV Show Gone For Good
Cancelled: Cops TV Show Gone For Good After 32 seasons, one of the longest-running reality series ever is gone for good – not just from TV but online, as well. "COPS" has been permanently cancelled. "We don't have any current or future plans for it to return," the Paramount Network said in a statement. The ViacomCBS-owned cable networknetwork stopped airing the series on June 1 – scrapping the Season 33 premiere on Monday -- in what was described a s temporary move. It’s now final. Not only that: Paramount axed all traces of the show from its website. A pioneer of the real-police documentary series format, “Cops” helped turn…

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by Jerry DeMarco