A significant $55 million donation revitalised the Mid-Manhattan Library, transforming it into the Stavros Niarchos Foundation Library. Image Credits: Wikimedia Commons It is natural to conclude that in the evolving world of information technology, the traditional library has become less relevant than ever before as a central hub of urban life. These libraries are romanticised […]
Super-rich NRI Paul Parmar sentenced to five years in prison over fraud in New Jersey. Parmjit Parmar, a 55-year-old Indian-origin man from New Jersey, has been sentenced to five years in jail, followed by three years’ supervised release and a payment of $125 million over his involvement in a large-scale conspiracy to defraud investors, in […]
Spirit Airlines has ceased operations after decades of making air travel affordable. Image Credit: Gemini The dark silence that hung over terminals in airports that used to buzz filled with Spirit Airlines’ bright yellow aircraft sounded like the conclusion of a time for low-cost travellers. In the past three decades, Spirit Airlines has made flying […]
Beijing, May 12: The number of passengers traveling through Beijing Port has seen a significant increase, surpassing 8 million, following the implementation of policies aimed at easing immigration management. According to the Beijing Border Inspection Center, by 11:30 AM on Tuesday, the total number of travelers this year had exceeded 8 million, marking a 12% […]
(Source: California Post) An Iranian heiress has been accused of shielding millions of dollars in assets from her husband in a $200 million divorce battle, according to new court filings in California.Setareh “Star” Bral, the daughter of a late real estate tycoon said to have links to the former Shah of Iran. She is alleged […]
US President Donald Trump’s “Gold Card” visa scheme is struggling to win over the wealthy foreigners it was designed to attract, with several immigration lawyers warning clients to stay away from the programme over legal and financial concerns.According to a Washington Post report, attorneys who advise ultra-wealthy clients say ongoing litigation, tax complications and uncertainty […]
Indian-American businessman Debashis Ghosh to lose US citizenship over past fraud. Debashis Ghosh, a 62-year-old Indian-American businessman, is likely to lose his US citizenship as the Department of Justice moved to denaturalize him along with 11 other individuals. Ghosh committed wire fraud before and after he became a US citizen in 2012 and he was […]
A Tennessee optometrist has pleaded guilty to a multimillion-dollar healthcare fraud scheme that federal prosecutors say cheated Medicare and other government programs out of millions of dollars over several years.48-year-old Helen Boerman of Brentwood admitted earlier this week that she defrauded Medicare of approximately $6.9 million through false billing tied to her eye care practice, […]
A high-stakes legal battle involving JPMorgan and a sex scandal has taken a fresh turn, with new details revealing a huge gap between settlements sought and offered before a controversial sexual harassment lawsuit became public.Former JPMorgan banker Chirayu Rana allegedly demanded more than $20 million from the bank before filing his lawsuit accusing senior executive […]
More than 4,500 years after it was built, the Great Pyramid of Giza continues to puzzle scientists. Constructed during the reign of Khufu, the monument is made up of roughly 2.3 million stone blocks, some weighing several tonnes, all assembled with remarkable precision. For decades, experts have debated how ancient workers achieved this without cranes, […]
