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Crypto

New York Man Sentenced in Arizona to 121 Months for Laundering Elder Fraud Proceeds

Federal prosecutors have secured a 121-month prison term against a New York resident convicted of laundering nearly $1 million taken from elderly victims in a phishing scam network. Ivan Wilbur Seales, 58, a New York resident and citizen of Saint Vincent and the Grenadines, was also ordered to pay approximately $855,000 in restitution, says the […] The post New York Man Sentenced in Arizona to 121 Months for Laundering Elder Fraud Proceeds appeared first on The Daily Hodl.

The Daily Hodl
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Finance

Metro Bank up for sale, with billionaire investor in line for £420m windfall

Shares up 7% after announcement as Jaime Gilinski Bacal seeks exit three years after helping to rescue bank Metro Bank is putting itself up for sale three years after its near-collapse, in a move that could hand a £420m windfall to its Colombian billionaire investor, Jaime Gilinski Bacal. Metro Bank made the rare decision to publicly announce it was open to bids on Thursday, paving the way for a wider pool of suitors. The announcement pushed the share price up by 7% by mid-morning, valuing the bank at about £1.3bn. Continue reading...

The Guardian
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