Financial

Oklahoma Auditor Proposes Legislative Changes After Exposing Financial Mismanagement at Tulsa Public Schools

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Tulsa, Oklahoma – In the wake of a revealing audit on Tulsa Public Schools (TPS), Oklahoma State Auditor & Inspector Cindy Byrd has proposed significant changes to state laws aimed at curbing financial mismanagement. The audit, covering the years 2015-2023, brought to light various questionable practices involving school administrators and local vendors that could potentially run afoul of criminal laws. The investigation highlighted instances where administrators benefited from vendor contracts and identified a concerning pattern of transactions just below the $50,000 mark, thereby sidestepping the district’s formal bidding process. One striking example noted in the … Read more

Former Financial Planner Found Guilty of Defrauding Elderly Woman Out of $100,000 in Life Savings

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NORRISTOWN, Pa. — A former financial planner from New Hanover Township was found guilty of embezzling over $100,000 from the life savings of an elderly Lower Salford Township woman, a jury ruled this week. The conviction highlights a growing concern over financial crimes targeting senior citizens. The 84-year-old victim, who had entrusted her financial security to the planner, lost significant amounts of her retirement savings due to his fraudulent activities. The case, prosecuted in Montgomery County, has drawn attention to the measures necessary to protect vulnerable elders from financial fraud. The accused, who had previously … Read more

Harvey Weinstein Sues Brother, Accuses Him of Financial Betrayal Amid Company Collapse

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New York, NY — In a remarkable twist in the saga of the infamous Weinstein Co., jailed co-founder Harvey Weinstein has initiated a lawsuit against his brother Bob Weinstein and former company COO David Glasser. While serving time on Rikers Island and battling severe health issues, Harvey Weinstein alleges that the pair siphoned funds from the entertainment company before its financial collapse, an accusation that adds a new layer of complexity to the ongoing legal drama surrounding the once-powerhouse film studio. The lawsuit, lodged in a New York State court, claims that Harvey Weinstein’s brother … Read more

Huntsville Seniors Sue Over Flooded Apartments, Allege Negligent Maintenance Led to Health Decline and Financial Strain

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Huntsville, AL — A lawsuit recently filed by residents of a downtown Huntsville apartment complex alleges that negligent maintenance led to significant flooding in August, resulting in health deterioration and financial burdens for those affected. Residents of Gateway Apartments, including Barbara Young, Sherry Webb, and Gene Riggs, are seeking class action status to represent all tenants impacted by the incident against the parties responsible for the building’s upkeep. The defendants in the case are Huntsville Senior Housing LP, the development firm; Lee Company, the plumbing contractor; and Integral Group, LLC, the management company. Integral’s senior … Read more