The Securities and Exchange Commission has charged a Seattle-area outdoor digital signage advertising company and two of its senior executives with stealing more than $2 million from retail investors.

According to the SEC’s complaint filed in U.S. District Court in Seattle, Digi Outdoor Media Inc.’s former chief executive officer, Donald MacCord Jr., and chief financial officer Shannon Doyle raised nearly $4.5 million in promissory notes by claiming they would use investor money to construct and install digital signs for commercial advertising around Washington, D.C. Instead, the complaint alleges that MacCord and Doyle secretly diverted millions of dollars of investor money for their own personal use, including MacCord’s luxury cars, $20,000 per month rent on a Southern California mansion, nanny and housekeeping services, and private school tuition for his children, while Doyle diverted several hundred thousand dollars to his other unrelated businesses.

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Thank you, Sandie, for that kind introduction, and thank you for taking your extensive experience in the legal community and in the business world alike and putting it to good use here at the World Bank.

On behalf of President Trump, I want to thank Baroness Williams and the U.K. delegation. The United States is proud to co-host the forum with you. We are proud to call attention to the important work that’s been done – and the important work that lies ahead – in our shared fight against crime.

I also want to recognize our distinguished guests from the four focus countries and from our partners in Brazil and Switzerland.

Thank you to the World Bank, the United Nations Office on Drugs and Crime, and everyone else who helped organize this inaugural Global Forum on Asset Recovery.

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Senator Orrin Hatch (R-UT), the senior member and former Chairman of the Senate Judiciary Committee, issued the following statement following the announcement that the Department of Justice would be filing a lawsuit to block the AT&T-Time Warner merger:

Today brings momentous news in the antitrust space. As I have stressed previously on the floor of the Senate, antitrust law is poised to take center stage in the years to come, and officials of both parties need to start paying attention. I am not prepared to comment, in any detail, on the merits of this case. Only those involved are familiar with the full record; everyone else is set to learn a lot more in the days and weeks to come.

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Top-Tier College Football Bowl Organization has Donated More than $10 Million Over Last Seven Years in Charitable Giving to Youth, Sports, Education Nonprofits in Arizona

SCOTTSDALE, AZ – The Association of Fundraising Professionals (AFP), Greater Arizona Chapter, has awarded Fiesta Bowl Charities the 2017 Outstanding Corporation/Foundation Award. This year, Fiesta Bowl Charities is donating more than $2.5 million in charitable giving to 67 nonprofit organizations in Arizona – the largest amount in Fiesta Bowl history and more than any other college bowl organization.

Through its two annual college football bowl games in the Valley, the PlayStation Fiesta Bowl and the Cactus Bowl, as well as its various community events throughout the year, Fiesta Bowl Charities has given more than $10 million to the Arizona community in the last seven years.

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One owner, corporate defendants permanently barred from telemarketing

Two brothers and the companies they ran have settled a federal district court complaint brought by the Federal Trade Commission and litigated by the Department of Justice, that charged them with running a telemarketing operation that made millions of illegal robocalls promising consumers energy savings in order to generate leads to sell to solar panel installation companies.

The stipulated court order settling the charges permanently bans the corporate defendants and one of the brothers from all telemarketing, bars the other brother from violating the FTC’s Telemarketing Sales Rule (TSR), and requires the defendants to pay $155,000.

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A four-count indictment has been returned charging a self-described day trader with conspiracy to commit wire fraud, conspiracy to commit securities fraud and computer intrusions, securities fraud and conspiracy to commit money laundering.

As alleged in the indictment, between September 2014 and May 2017, Joseph Willner, 42, of Ambler, Pennsylvania, and others conspired to hack into victims’ online securities brokerage accounts and used them to place unauthorized trades, at times fraudulently liquidating existing positions in the victims’ accounts in order to fund the unauthorized trades.

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