Fair 34°
Tag:

Securities and Exchange Commission

Sports
Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments
Former WWE CEO Vince McMahon To Pay $1.7M+ For Hiding Sexual Misconduct Payments World Wrestling Entertainment founder Vince McMahon will pay more than $1.7 million after he was accused of not disclosing payment agreements related to sexual misconduct with two women, officials said. McMahon, WWE's former executive chairman and CEO, reached the agreement related to charges from the Securities and Exchange Commission, the federal agency said in a news release on Friday, Jan. 10. The SEC said McMahon concealed the "hush money" payments, creating discrepancies in WWE's financial reports. McMahon agreed to pay a $400,000 civil penalty and reimburse $1,330…

SHARE

by Chris Spiker
News
Feds Charge Exiled Chinese Tycoon With $1B Fraud That Funded $26.5M NJ Mansion Buy, More Feds Charge Exiled Chinese Tycoon With $1B Fraud That Funded $26.5M NJ Mansion Buy, More
Feds Charge Exiled Chinese Tycoon With $1B Fraud That Funded $26.5M NJ Mansion Buy, More Exiled Chinese tycoon Miles Guo was arrested by the FBI Wednesday on charges of swindling his online followers out of more than $1 billion that the government said he used, in part, to buy a 58-room mansion in Mahwah. Some of the agents were still at Guo’s 15-room penthouse in the Sherry-Netherland Hotel on Manhattan’s Upper East Side the afternoon of March 15, six hours after he’d been arrested there, when a mysterious fire broke out on the 18th floor, responders said. No injuries were reported, but authorities said the blaze significantly damaged Guo’s unit. No one drew any immediate conn…

SHARE

by Jerry DeMarco