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IBM predicts rise in generative AI use by banks in 2025
IBM has released its annual outlook for the global financial services industry, predicting significant advancements in technology and transformation for 2025.
Kissimmee man sentenced for producing child sexual abuse material
Stephen Michael Lippincott, a 70-year-old resident of Kissimmee, has been sentenced to 25 years in federal prison for producing child sexual abuse material.
Hegseth discusses security cooperation with Panamanian president
On February 5, Secretary of Defense Pete Hegseth engaged in a phone call with Panamanian President José Raul Mulino.
Palm Bay man receives over 11-year sentence for child sex abuse material
A Palm Bay resident, Erik Bjorndal, has been sentenced to 11 years and 4 months in federal prison for the receipt of child sexual abuse material.
New York woman pleads guilty to multiple charges including bank fraud
A New York woman, Theresa Hartung, 62, has pleaded guilty to charges of bank fraud, false use of a passport, and aggravated identity theft in the U.S. District Court in Portland.
Lincoln man found guilty in methamphetamine distribution conspiracy
United States Attorney Susan Lehr announced that William Arthur Parrott, a 54-year-old resident of Lincoln, Nebraska, was convicted on January 30, 2025.
Four convicted for stealing funds using victim’s Social Security numbers
A Newark man has been sentenced to federal prison for his involvement in a conspiracy to commit bank fraud and aggravated identity theft. U.S. Attorney Nicholas J. Ganjei announced that Cory Scott Becker, 41, received a 36-month prison term from...
Broadband leaders extend voluntary agreement to enhance device energy efficiency through 2028
The Consumer Technology Association (CTA), NCTA – The Internet & Television Association, Pacific Gas & Electric (PG&E), broadband internet service providers, and device manufacturers have announced an extension of the "Voluntary Agreement" aimed...
Scott Turner confirmed as new HUD Secretary by U.S. Senate
The National Association of REALTORS (NAR) has extended its congratulations to Scott Turner following his confirmation by the United States Senate as the Secretary of the Department of Housing and Urban Development (HUD).
U.S. Attorney's Office collects over $20M in fiscal year 2024
The United States Attorney’s Office for the Eastern District of North Carolina has reported the collection of over $20 million in criminal and civil actions during Fiscal Year 2024.
Critics voice concerns over proposed Kids Off Social Media Act
The Senate Commerce Committee is reviewing the "Kids Off Social Media" Act of 2025 (KOSMA), which aims to restrict children under 13 from accessing specific social media platforms.
Fall River woman admits guilt in stealing social security benefits
A woman from Fall River has admitted guilt in a Boston federal court for the theft of Social Security benefits meant for her child.
Russian-Israeli national extradited over alleged role in global ransomware scheme
A dual Russian and Israeli national, Rostislav Panev, has been extradited to the United States on charges related to his involvement with the LockBit ransomware group.
Texas man faces charges for possessing child pornography while driving school buses
A Texas man has been arrested on charges related to the alleged possession of child pornography while he was working temporarily as a school bus driver in Fairbanks, Alaska.
Podcast addresses Corporate Transparency Act's impact on small business owners
As a new Congress and administration take office, the issue of beneficial ownership remains significant for small businesses.
Texas man sentenced for distributing child sexual abuse material
A federal judge in West Palm Beach has sentenced James William Latta, a 38-year-old man from Texas, to 20 years in prison followed by 25 years of supervised release.
Fraud investigator sentenced for stealing identities from NYC homeless
Earlier today, in a federal court in Brooklyn, Olabanji Otufale, a former fraud investigator with the New York City Department of Homeless Services, was sentenced to 27 months in prison.
Digital Ascension Group general counsel: New SEC requirement 'could mean fewer arbitrary crackdowns' in crypto industry
Digital Ascension Group General Counsel Rick Tapia has expressed concerns over a new requirement for U.S. Securities and Exchange Commission (SEC) attorneys to seek approval before formally launching probes.
Hartford man receives seven-year sentence for illegal firearm possession
Marc H. Silverman, Acting United States Attorney for the District of Connecticut, announced that Kendall Camby, also known as "KB," 35, from Hartford, has been sentenced to 84 months in federal prison. U.S. District Judge Kari A. Dooley delivered...
Oglala man convicted of involuntary manslaughter after federal trial
A federal jury has found Clayton Fire Thunder, 40, from Oglala, South Dakota, guilty of involuntary manslaughter and two counts of making false statements.
Owner sentenced for PPP fraud involving fake employee claims
Patrick Strauss, the owner of Powergrid Real Estate LLC in Washington D.C., has been sentenced to 48 months of probation for his involvement in a conspiracy to defraud the Paycheck Protection Program (PPP).
Portland man sentenced for stealing over $426K using stolen identity
A Portland man has been sentenced to 36 months in federal prison for bank fraud and identity theft, following a scheme that defrauded a victim with an intellectual disability of over $426,000.
Amtrak employee pleads guilty in $11 million health care fraud scheme
An Amtrak employee has admitted to participating in a scheme to defraud the company's health care plan, as announced by Acting U.S. Attorney Vikas Khanna.
Ohio Valley men sentenced for roles in drug trafficking organization
Three men appeared in federal court this week due to their involvement in a drug trafficking operation in the Northern Panhandle of West Virginia.
Smyrna man receives 20-year sentence for child exploitation charges
Peter Allen Snyder, a 43-year-old resident of Smyrna, Tennessee, has been sentenced to 20 years in federal prison.