Carlos Ghosn Escape Accomplices Plead Guilty in Tokyo Court
River Davis, Tsuyoshi Inajima, and Sophie Jackman, 14 June 2021
The American father-son duo charged with helping former Nissan Motor Co. Chairman Carlos Ghosn flee trial in Japan a year and a half ago pleaded guilty in a Tokyo court Monday.
Appearing for the first time since they were extradited to Japan from the U.S. earlier this year, Michael Taylor, 60, and Peter Taylor, 28, listened as the prosecutor read out the charges. Asked by the judge whether there was anything wrong with the charges, Michael replied “No, your Honor” while Peter said “No, ma’am.” Continue reading “Article: Carlos Ghosn Escape Accomplices Plead Guilty in Tokyo Court”
Alleged Accomplices in Ghosn Escape Set to Appear in Tokyo Court
River Davis, 14 June 2021
Two Americans charged with helping former Nissan Motor Co. Chairman Carlos Ghosn flee trial in Japan a year-and-a-half ago are now set to appear at their own hearing at the Tokyo District Court on Monday.
Michael Taylor, 60, and Peter Taylor, 28, have been charged with helping Ghosn illegally escape Japan in December 2019, where he was facing charges of financial misconduct. The former executive, who has denied prosecutors’ accusations of understating income and using company funds for personal use, was smuggled out of Japan in a case for audio equipment and ended up in Beirut, where he currently resides. Continue reading “Article: Alleged Accomplices in Ghosn Escape Set to Appear in Tokyo Court”
With a straight face, Malta signs 87-point UN pledge to end impunity, protect journalists and prosecute corrupt politicians
Alice Elizabeth Taylor, 04 June 2021
The Maltese government has signed a United Nations declaration promising to “investigate, prosecute, and punish threats and acts of violence” against journalists, provide a “Safe and enabling environment” for whistleblowers, and ‘take effective measures” to “prevent, investigate, and prosecute” corruption involving public officials.
The declaration on “challenges and measures to prevent and combat corruption and strengthen international cooperation” was signed yesterday at the first-ever UN General Assembly Special Session against Corruption, which started yesterday and will close on Saturday. Continue reading “Article: With a straight face, Malta signs 87-point UN pledge to end impunity, protect journalists and prosecute corrupt politicians”
GFG Alliance: Fraud investigation now looms
Brian Taylor, 17 May 2021
An investigation being undertaken by the Serious Fraud Office (SFO) of the government of the United Kingdom may shed light on to what extent metals producer the GFG Alliance has been affected by the former Greensill Capital, or to what extent the two firms worked in tandem to create financial irregularities.
According to online reports from The Guardian and other U.K.-based media, the announcement by the SFO that it was looking into GFG “immediately caused the collapse of a rescue deal for Liberty Steel and raised fears over thousands of British jobs.” Continue reading “Article: GFG Alliance: Fraud investigation now looms”
Canadian Bitcoin ETF turns up heat on U.S. fund managers, regulators
Jeff Benjamin, 12 February 2021
Purpose Investments announced Friday morning that it has been cleared by Canadian securities regulators to launch Purpose Bitcoin ETF (BTCC), which is the first Bitcoin ETF in North America to gain regulatory approval, according to Bloomberg.
The new ETF is scheduled to start trading on the Toronto Stock Exchange next week and will be available to U.S. investors through brokerages that have access to the Canadian exchange.
There are a handful of other active filings awaiting regulatory approval in Canada, as well ETF filings before the Securities and Exchange Commission in the U.S. from VanEck and Bitwise Asset Management. Continue reading “Article: Canadian Bitcoin ETF turns up heat on U.S. fund managers, regulators”
Nicholas Van Campen Taylor, known as Van Taylor (R-TX) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American businessman and politician from Plano, Texas. He is the U.S. Representative for Texas’ 3rd congressional district. Taylor is a veteran of the Iraq War and a member of the Republican Party, he represented District 8 in the Texas Senate for a single term from 2015 to 2019. He also previously served in the Texas House of Representatives for District 66 in western Collin County. From January 2002 to December 2018, Taylor worked for Churchill Capital Company, a real estate investment banking and principal investment firm, as a real estate investment banker. He previously worked for McKinsey & Company and Trammell Crow Company. He graduated from Harvard University (BA, MBA).
U.S. House Banking Committee on Financial Services
Berkshire Hathaway Bet Big on Dialysis Giant DaVita. Jim Chanos Thinks It’s a Scam.
Christine Idzelis, Institutional Investor, 4 December 2019
DaVita provides life-extending dialysis treatment to more than 200,000 patients. But is it gaming the system through questionable donations to the American Kidney Fund?
Read full article.
Comment: Chanos is calling DVA a fraud. Stock was $59 it fell to $53. Then it went to $115. NICE WORK. Buffet too big to cheat?