Canadian auto insurers lost more than $1-billion last year from stolen vehicles as organized crime rings helped push up car thefts by nearly 50 per cent in Ontario and Quebec.
In a report released Tuesday, Équité Association estimates the insurance industry nationally lost more than $1-billion in vehicle-theft claims in 2022, up from $700-million in 2021. And Équité, a not-for-profit organization that assists in insurance fraud and crime investigations, expects the losses to continue to climb.
The world’s largest cryptocurrency exchange, Binance, was sued by the Securities and Exchange Commission for allegedly operating an illegal exchange in the US and mishandling billions of dollars in money.
The lawsuit – which is the latest action taken by regulators to get crypto firms to comply with US law – was filed in federal court in the District of Columbia on Monday, and named Changpeng Zhao as a defendant.
Zhao is the founder and controlling shareholder of the cryptocurrency. Wall Street regulator SEC filed 13 charges against Binance for allegedly mishandling billions in customer funds, as well as lying to regulators and investors about its operations.
Interesting as Zhao is blamed/credited with bringing down Sam Bankman-Fried and FTX.
Inventive, I’ll give em that.
LOS ANGELES (AP) — A California appeals court said Tuesday that Leslie Van Houten, who participated in two killings at the direction of cult leader Charles Manson in 1969, should be released from prison on parole.
The appellate court’s ruling reverses an earlier decision by Gov. Gavin Newsom, who rejected parole for Van Houten in 2020. She has been recommended for parole five times since 2016. All of those recommendations were rejected by either Newsom or former Gov. Jerry Brown.
Elizabeth Holmes will find herself behind the walls of a Texas prison on Tuesday, in a remarkable fall for a startup founder who had become an icon known far outside Silicon Valley.
Holmes, 39, had once promised to revolutionize the medical world, but was convicted in January 2022 on four counts of defrauding investors in her blood-testing company, Theranos.
It was a stunning turn for an entrepreneur who had once riveted the tech world. Holmes dropped out of Stanford University in 2003 at the age of 19, set on developing a company that would turn upside down the field of medical diagnostics.
Yannick Bandaogo, the man accused of a March 2021 stabbing spree in North Vancouver that killed one and injured six, has pleaded guilty to all the charges he faced.
Bandaogo was charged with one count of second-degree murder, five counts of attempted murder and one count of aggravated assault.
“Oui, Mssr. judge,” he said Monday as the judge asked, in French, if he pleaded guilty to each offence.
Mass stabbing suspect taken down in Vancouver. pic.twitter.com/U12QrVBReO
— Michael Wedgewood (@AutothrottleOff) March 28, 2021
Private information belonging to over 150,000 Canadians in possession of federal departments and agencies was breached over a one-year-plus period, with the Canada Revenue Agency (CRA) being the worst offender, new records analyzed by The Epoch Times show.
The analysis is based on figures provided by the federal government in response to an Inquiry of Ministry. Conservative MP Luc Berthold, who submitted the inquiry on March 29, wanted to know the details of all privacy breaches that occurred since Jan. 1, 2022, including the number of people being affected, and whether or not the Privacy Commissioner of Canada was notified.
On May 18, police in the southwestern Alberta city of Lethbridge arrested 59-year-old Bernard Alonzo Gibson on suspicion of having kidnapped a 30-year-old woman, held her in his basement for four days and committed multiple sexual assaults on her.
Hamilton police say an engaged couple embroiled in a landlord-tenant dispute were shot dead as they fled their attacker on Saturday and “are truly innocent victims.”
Sgt. Steve Bereziuk says a 27-year-old female educational assistant and a 28-year-old male electrician were shot dead just outside the home they shared in the neighbourhood of Stoney Creek. Their names have not been released.
No one should die over something like this and while it is cold of me to mention it I am interested in knowing the details of the rent dispute. Small landlords suffer at the hands of bad tenants in this province just as tenants suffer at the hands of bad landlords, our politicians are to blame.
At least 3 people were killed and five others were injured after a shooting between rival biker gangs erupted at a New Mexico motorcycle rally Saturday, police confirmed to The Post.
The victims were struck at around 5 p.m. local time when gunfire rang out outside a retail sector of Red River, Questa del Rio News reported.
“It was gang-related,” Mayor Linda Calhoun said in a video posted by the news outlet on social media.
Too many adults are turning a blind eye to infantile delinquency.
By now, everyone’s seen one of those Mizzy videos. Mizzy, whose real name is Bacari-Bronze O’Garro, is an 18-year-old black kid in London whose ‘prank’ videos on TikTok show him entering strangers’ homes uninvited, asking random people in the street if they want to die, running off with an elderly lady’s dog and making fun of Orthodox Jews, including by trying to leapfrog over one of them. Pranks? I’m old enough to remember when these things were called crimes.
TikTok “prankster” Mizzy has already been arrested for assaulting Orthodox Jews in Stamford Hill. There are videos of him walking into people’s houses, here he steals someone’s dog.
Given the police know exactly who he is, why is this allowed to continue?pic.twitter.com/ypzShQNh3Y
— Ben Obese-Jecty (@BenObeseJecty) May 20, 2023
A “diary” belonging to Caroline Ellison, the ex-Alameda Research CEO and former girlfriend of Sam Bankman-Fried, has reportedly emerged as a vital piece of evidence in the disgraced FTX founder’s upcoming fraud trial.
The personal notebook is part of a massive trove of documents and other insider materials that prosecutors have compiled as they build their case against Bankman-Fried, who faces trial in October, the New York Times reported, citing a person with knowledge of the matter.
A security firm that sells AI weapons scanners to schools is facing fresh questions about its technology after a student was attacked with a knife that the $3.7m system failed to detect.
On Halloween last year, student Ehni Ler Htoo was walking in the corridor of his school in Utica, New York, when another student walked up behind him and stabbed him with a knife.
Jeffrey Epstein discovered that Bill Gates had an affair with a Russian bridge player and later appeared to use his knowledge to threaten one of the world’s richest men, according to people familiar with the matter.
The Microsoft co-founder met the woman around 2010, when she was in her 20s. Epstein met her in 2013 and later paid for her to attend software coding school. In 2017, Epstein emailed Gates and asked to be reimbursed for the cost of the course, according to the people familiar with the matter.
Deadly fentanyl disappeared from Canadian hospitals, health centres and veterinary clinics more than 500 times between 2018 and this March, according to data obtained by the Star.
Health Canada records list 483 reported fentanyl disappearances as “unexplained,” another 50 as “pilferage,” two as theft and one as a break and entry.
In the data, pilferage is defined as “theft from a site by authorized personnel.”
