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Former State Auditor Steals $400K From NY Town During Audit, DA Says Former State Auditor Steals $400K From NY Town During Audit, DA Says
Former State Auditor Steals $400K From NY Town During Audit, DA Says A state auditor from Dutchess County assigned to examine an Orange County town’s finances has been arraigned on felony charges after allegedly stealing more than $400,000 in public funds, prosecutors announced. Tobias Otieno, age 41, of Hyde Park, was arraigned this week on a felony complaint charging him with second-degree grand larceny as a public corruption crime, Orange County District Attorney David M. Hoovler announced on Thursday, July 10. According to Hoovler, Otieno is accused of stealing $405,843.25 from the Town of Wallkill between June 2022 and September 2024, while working as a…

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by Ben Crnic
Business
PayPal Launches AI Chat Shopping: Here's How The New Feature Works PayPal Launches AI Chat Shopping: Here's How The New Feature Works
PayPal Launches AI Chat Shopping: Here's How The New Feature Works An artificial intelligence search engine will soon help Americans buy products, book trips, and check out with PayPal or Venmo in online chats. Perplexity is teaming up with the financial technology giant for the new chat-based shopping experience, PayPal announced on Wednesday, May 14. The service is expected to be available in the US in the summer. Shoppers can make purchases within chat prompts on Perplexity Pro. "This partnership unlocks new possibilities, where conversations now drive commerce," said PayPal president and CEO Alex Chriss. "We're making it easy and secure…

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by Chris Spiker
News
New Canaan Man Charged In Massive Fraud Scheme Could Get 85 Years In Prison New Canaan Man Charged In Massive Fraud Scheme Could Get 85 Years In Prison
New Canaan Man Charged In Massive Fraud Scheme Could Get 85 Years In Prison A New Canaan man working as an executive for an audit firm is facing nearly 100 years in prison for his role in an elaborate wire fraud scheme. Geoffrey Berman, the United States Attorney for the Southern District of New York, announced this week that David Britt, 54, was among five former employees at accounting firm KPMG who are facing charges in connection with their scheme to defraud the Securities and Exchange Commission for several years through an elaborate series of back channels. The Public Company Accounting Oversight Board (PCAOB), which is overseen by the SEC inspects audit work…

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by Zak Failla