Taiwan cuts GDP outlook on weak global demand, keeps policy rate unchanged
TAIPEI Taiwan's central bank cut its 2023 economic growth forecast for the export-reliant economy due to sluggish global
2023-09-21 16:58
The women's tennis tour plans for its players to earn the same as men at more events
It took more than three decades after the founding of the Women’s Tennis Association for all four Grand Slam tournaments to agree to give the same prize money to female and male players
2023-06-27 18:59
Trump Trying to ‘Spin His Loss’ in E. Jean Carroll Case, Her Lawyer Says
New York author E. Jean Carroll, who in May won a landmark sexual assault trial against Donald Trump,
2023-07-12 03:59
Erdogan Vote Momentum Pushes Traders to Delay Bets on Lira Slide
Investors have come to terms with the prospect that President Recep Tayyip Erdogan’s unconventional stewardship of the economy
2023-05-17 18:58
California man admits to hiding mother’s death and collecting $830k in benefits
A California man pleaded guilty last week to hiding his mother’s death from the federal authorities for over 30 years, collecting more than $800,000 in benefits under her name. Donald Felix Zampach, 65, pleaded guilty to one count of money laundering and one count of Social Security fraud, according to the Justice Department. “This crime is believed to be the longest-running and largest fraud of its kind in this district,” US Attorney Randy Grossman said in a statement. “This defendant didn’t just passively collect checks mailed to his deceased mother. This was an elaborate fraud spanning more than three decades that required aggressive action and deceit to maintain the ruse.” All told, beginning in 1990, the Poway man collected $830,238. He could face up to 25 years in prison, though US sentencing guidelines suggest it will more likely be a sentence of 30 to 37 months. “He is overwhelmed with regret,” Knut Johnson, Zampach’s lawyer, told The New York Times. As part of his plea deal, Zampach will forfeit the benefit, pay restitution to various lenders, and turn over the home he took possession of in his mother’s name. The benefits scheme was an elaborate one, according to the DoJ. When Zampach’s mother was diagnosed with pancreatic cancer, she left the US and returned to her native Japan, where she died in 1990 at age 61. Her son notified the US embassy in Tokyo of the death, but admitted to leaving blank a box for her Social Security number to avoid the government being aware of her passing, and he repeated this omission on forms for burial permits. Zampach kept up this ruse until September 2022, collecting his mother’s Social Security checks and payments from the Defense Finance Accounting Service, which pays survivors of military veterans. An audit of those over age 90 who hadn’t used their Medicare benefits helped reveal the California man’s scheme. This sort of fraud has happened in the past. In 2018, a Mexican man pleaded guilty to defrauding the government for even longer, spending 37 years collecting nearly $361,000 in government benefits after assuming the identity of a US citizen, according to The San Diego Union Tribune. In 2015, Dutch police learned that a man kept his dead mother’s body hidden for over two years and continued collecting her pension and social assistance payments. He was later caught and forced to repay 40,000 euros, according to 1 Limburg. Read More Real Housewives star Phaedra Parks reveals why she gave her son $150,000 for his 13th birthday Mastercard helping banks predict scams before money leaves customers’ accounts Vermont will pay $16.5M to settle lawsuits by foreign investors in fraudulent ski developments
2023-07-07 03:29
Springboks aim to go back-to-back at Rugby World Cup for golden end to Erasmus-Nienaber era
This Rugby World Cup was always the ultimate goal for the Springboks coaching combination of Rassie Erasmus and Jacques Nienaber
2023-08-30 20:19
Verstappen, Perez wary of 'really painful' Singapore GP
Runaway Formula One championship leader Max Verstappen conceded Thursday that his win streak was under threat at this weekend's Singapore Grand Prix where his...
2023-09-14 21:53
Patrick Kane says he could make his Red Wings debut as soon as next week at Buffalo
Patrick Kane says he could make his debut with the Detroit Red Wings as soon as next week in his hometown of Buffalo against the Sabres
2023-11-30 04:17
Is Jennifer Lopez listening? Rachel Zegler admits she has 'huge crush' on fellow DC star Ben Affleck
'I’ve decided I want to make a union with Affleck. So, Ben, if you’re watching, I’m going to send you some Boston Creme donuts,' Zegler said
2023-06-09 15:27
Hong Kong's top court tells government to create 'legal recognition' for same-sex partnerships
Hong Kong's top court has ordered the city's government to set up a new framework to legally recognize the rights of same-sex couples in a partial victory for LGBTQ activists that stopped short of their demands for full marriage equality.
2023-09-05 15:45
Why Hong Kong can't cut loose from the US dollar just yet
Hong Kong's currency is facing its biggest test since the global financial crisis of 2008.
2023-06-14 10:00
Investigating the 'spiritual healers' sexually abusing women
A hidden world of exploitation by men working as "spiritual healers" has been uncovered by the BBC.
2023-08-08 07:16
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