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POLICY & REGULATION
AGs Press Meta To Do More To Stop Pump-And-Dump Scams
By Abigail Harrison
Attorneys general from states and territories around the country, as well as the District of Columbia, sent an open letter to Meta Platforms Inc. Wednesday urging the social media giant to help stem the tide of widespread investment scams across Facebook and WhatsApp that they said have caused people to lose "life-changing" amounts of money.
Letter attached |
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LEGAL INDUSTRY
Queens Defenders Ex-Director Charged With Embezzling
By Gina Kim
A former executive director of Queens Defenders and her husband are charged with embezzling $60,000 from the organization and spending it on personal expenses including rent for a penthouse apartment, luxury goods, vacations and teeth-whitening procedures, prosecutors say in an indictment unsealed Wednesday in New York federal court.
Indictment attached |
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