3 Injured In Shooting Outside Senior Living Apartment Complex In Dallas
Three people have been injured after a shooting outside a senior living apartment complex in the eastern area of Dallas, police said. © Provided by CBS Dallas According to police, the shooting happened at around 1:30 a.m. just outside the Primrose at Highland Meadows complex on Highland Road. Police do not yet know what started the shooting but said that three people were taken to the hospital with non-life-threatening injuries. The identities of the victims have not been released, and it’s currently unknown if the victims lived at the apartment complex.
China ’ s bad banks , kept metal cabinets stuffed with hundreds of millions of yuan of cash in a Beijing apartment he nicknamed “the supermarket.” On Monday, he confessed in a state TV documentary that he preferred cash when taking bribes and would personally drive to an apartment with trunks of
Bavarian authorities confiscated 1.4 billion dollars worth of precious art, including works by Picasso and Matteese, from a German who hoarded the stash
(Bloomberg) -- The former chairman of one of China’s bad banks has confessed to taking millions of yuan in bribes which he kept inin a Beijing apartment he nicknamed “the supermarket.”
Lai Xiaomin, former head of China Huarong Asset Management Co., has been charged with taking bribes, corruption and bigamy in one of China’s biggest financial corruption cases.
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On Monday, he confessed in a state TV documentary that he preferred cash payments and said he would drive trunk loads of bills to the apartment, where more than 200 million yuan ($29 million) was uncovered.
“I got the money and just left it there, just like making regular trips to the supermarket,” the 57-year-old Lai, wearing a gray-blue polo shirt, said on the program. “I didn’t spend a cent. It’s all confiscated in the end.”
Confession such as Lai’s are becoming a more common ritual in China as President Xi Jinping tightens his grip on the Communist Party-ruled nation. Xi is also contending with the slowest economic growth in three decades, rising financial risks, a trade dispute with the U.S. and growing opposition to the Communist Party in Taiwan and Hong Kong.
Phones from US government came packed with Chinese malware
Malwarebytes has discovered that the UMX U686CL provided through the Lifeline Assistance program came with malware pre-installed.The security firm received several complaints from users that the pre-installed apps on their phones were malicious, so Malwarebytes purchased the Android-based phone in question, the UMX U686CL, and was able to verify these claims. The smartphone is sold by Assurance Wireless which is owned by Virgin Mobile USA.
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Authorities are taking an increasingly tough stance on corporate malfeasance, broadening Xi’s seven-year corruption crackdown into the nation’s boardrooms. In a speech Monday, Xi said the state will also punish people responsible for corruption linked to local government debt risk. China is in the midst of a record wave of bond defaults as growth slows, with even state-backed firms now missing bond payments.
Detained in 2018, Lai is accused of taking 1.65 billion yuan in, people familiar with the matter have said. He was found to own a large number of properties, luxury watches, cars, gold and art collections.
The revelations about Lai have been a hot topic among top policy makers, regulators and state-owned entities. The central bank has said that Lai’s “shocking” activities caused severe losses for the state, undermining both financial security and stability. State media calls him the nation’s most corrupt financial official.
3 shot, 2 killed at Ontario apartment complex
3 shot, 2 killed at Ontario apartment complexThe incident happened just after 9 p.m. Monday at the Vistara Apartments in the 3400 block of East 4th Street. Two men were found dead from gunshot wounds, according to Ontario police.
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A slew of officials have been caught up in Xi’s dragnet, including Yang Jiacai, a former assistant vice chairman at China Banking Regulatory Commission, Yao Gang, who was vice chairman of China Securities Regulatory Commission and Wu Xiaohui, who oversaw Anbang Insurance Group Co. They were all sentenced to at least 16 years in prison. More than 1 million government officials have been punished in Xi’s anti-corruption campaign, according to the official People’s Daily.
In another high-profile case, China’s Communist Party last week expelled former China Development Bank Chairman Hu Huaibang after finding “serious” disciplinary and legal violations.
Lai oversaw Huarong from 2012 to until he ran into trouble in 2018. It’s one of four companies set up in 1999 to help clean up a banking system riddled with bad debt. The state-owned enterprise held a $2.5 billion initial share sale in 2015, giving it a market value of more than $15 billion. Its Hong Kong shares are now worth less than half of that.
Under Lai, Huarong’s business was expanded into securities, trusts, investments and futures, deviating from the mandate of disposing of bad loans. The former head of its international operation said Lai only cared about short-term profit and invested heavily in high-risk assets such as properties and stocks. Lai also created a culture of nepotism by hiring people from his province in Jiangxi, even snatching the chef at Huarong from his home region, according to the documentary.
Lai had previously worked at the central bank and China’s banking regulator.
(Adds details on other case in 10th paragraph.)
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Michigan man finds $43K in donated couch. Returns cash to previous owner. .
Howard Kirby said the ottoman felt hard and when it was opened he found a box containing thousands of dollars in cash.