Accounts

Federal Judge Rules Woman Must Have Jury Trial Before Facing $1 Million Penalty Over Foreign Accounts

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Fort Worth, Texas — A federal judge has ruled that a woman cannot be subjected to a $1 million penalty by the government for allegedly failing to report foreign bank accounts without first being given a chance for a trial. The decision, issued by the U.S. District Court for the Northern District of Texas, centers around Sharnjeet Sagoo, whom the Internal Revenue Service accused of not reporting her financial interests in foreign bank accounts, which are required to be disclosed under the Foreign Bank and Financial Accounts Report (FBAR) regulations. In a significant development, Judge … Read more

Jury Hears Conflicting Accounts in Little Elm Murder Trial of Alec Adamson

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Little Elm, Texas—The murder trial of Alec Adamson, accused in the shooting death of 19-year-old David Pleasant, resumed Friday, with jurors hearing testimony from the lead detective and medical professionals. The proceedings were paused for the weekend, leaving the jury poised to begin deliberations on Monday. Adamson, also 19, allegedly shot Pleasant during a drug transaction on February 3, 2023, at Kings Crossing Park. Another young man, Mason Schiller, was present during the incident and has faced charges for his involvement in the alleged drug deal but has not been indicted or tried. Defense attorneys … Read more

University of Michigan Faces Lawsuit as Former Football Assistant Accused of Hacking Athlete Accounts

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Ann Arbor, Michigan – A significant legal challenge has emerged for the University of Michigan and former football assistant Matt Weiss, with multiple women alleging that he accessed private photos and videos by hacking into their personal accounts. This claim has led to 17 female college athletes collectively filing lawsuits against both Weiss and the university. The accusations center around Weiss allegedly breaching a secure database to retrieve athletes’ passwords, subsequently infiltrating their personal cloud and social media accounts where private materials were stored. The lawsuit implicates not only Weiss but also Michigan’s Board of … Read more

Alleged Unauthorized Banking: Lawsuit Claims Walmart Opened Over a Million Accounts for Drivers Without Consent

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San Francisco — In a significant legal challenge, retail giant Walmart has been accused of opening bank accounts for approximately one million drivers without their consent, according to a recent lawsuit. The case, filed in federal court, raises serious concerns about the privacy and financial security of individuals who may have been unknowingly signed up for financial services. The lawsuit alleges that Walmart launched these unauthorized bank accounts over a period spanning several years. This action purportedly aimed at circumventing banking regulations and boosting the number of account openings, thereby creating an artificial appearance of … Read more