
arrest in 2009 he has spent three years in detention after being denied bail. Allen Stanford’s Ponzi scheme centred on his banking operation based in the Caribbean island nation of Antigua. Some 30,000 individual investors were swindled, it was alleged. Prosecutors failed to find as much as 92% of the assets Stanford International Bank claimed to have. In his statement in court on Thursday,…

citizens “into the mainstream”. But opposition parties have accused the government of “bribing the voters” ahead of the 2014 general elections. The government plans to disburse 3,200 billion rupees ($58 billion) under the Direct Benefit Transfer (DBT) scheme. Under the scheme, money meant for recipients of 29 welfare programmes – mainly related to scholarships –…
Jan 1 2013 | Posted in
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not on the celebrity guests, Chris Brown cosied up to Nicole Scherzinger. The performer is currently paired up with girlfriend Karrueche Tran but she was not pictured at the venue. Nicole Scherzinger, 34, is dating Formula One racer Lewis Hamilton, but while her beau is away in Asia for training, she got to know her industry pal a little better. Chris Brown was seen leaning in close to the star …
Sep 26 2012 | Posted in
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…m are accused of doing anything wrong,” John Pappas, executive director of advocacy group Poker Players Alliance, said in a statement. Until now, defense lawyers declined to comment. Since April 2007, Full Tilt Poker distributed nearly $444 million to owners and directors, with much of it going into overseas accounts, according to the new claims in the civil suit that accuses it of money lau…

Cricket tycoon Allen Stanford has been found guilty by a court in Houston, Texas, of running a $7 billion Ponzi scheme. Allen Stanford, 61, was convicted on 13 of the 14 charges. He had pleaded not guilty to defrauding some 30,000 investors with bogus investments through his Stanford International Bank in Antigua to fund a lavish lifestyle. Allen Stanford faces a sentence of up to 20 years in pri…

…t that, after the sad events of recent days, we do everything we can to help people recover.” The ABI is the voice of the UK’s insurance, investment and long-term savings industry. It has over 300 members, which together account for around 90% of premiums in the UK domestic market. The UK insurance industry is the third largest in the world and the largest in Europe….

Standard Chartered bank illegally “schemed” with Iran to launder as much as $250 billion for nearly a decade, a US regulator says. The New York State Department of Financial Services said that the bank hid 60,000 secret transactions for “Iranian financial institutions” that were subject to US economic sanctions. Standard Chartered bank illegally "schemed" with I…

The Rolling Stones are to play as one of the three headline acts for the Glastonbury Festival 2013, taking place on the final weekend of June (28-30). It will be the first time the Rolling Stones have played at the festival at Worthy Farm, Somerset, which will draw about 135,000 people. The other headline acts at the festival are Mumford and Sons and the Arctic Monkeys. The Rolling Stones will be…
Mar 27 2013 | Posted in
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…nst the wealthy one per cent of Americans, but he has been uncharacteristically quiet about one thing: his own wealth. Houses on the lake cost as much as $3million. Michael Moore originally bought the 2,500 sq ft home before expanding to two surrounding lots, according to local real estate sources. Public records show the property in the name of Michael Moore and his wife, Kathleen Glynn, and note…

Pictures have emerged showing the inside of the 105-storey pyramid-shaped Ryugyong hotel that has been under construction in Pyongyang for 25 years. North Korea began building the Ryugyong hotel in 1987, but construction was halted for 16 years when funds ran out. Although work restarted in 2008, the hotel has become, for many, a symbol of North Korea’s thwarted ambitions. The 105-storey p…
Sep 27 2012 | Posted in
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…tims, Robert McDonald said. Robert McDonald said: “We got to interview these [two] men and see what they say about this whole thing.” The affidavit refers to Justin Bieber as “Victim 3″ or “J.B.” who was the “ultimate target.” Robert McDonald told CNN that J.B. refers to Justin Bieber. A representative for 18-year-old Justin Bieber said: “We ta…
Dec 15 2012 | Posted in
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…tiations. New rules on prudent banking are seen as vital to bolster the euro, as bank failures triggered the financial crash. Under the deal expected to take effect in March 2014, banks with more than 30 billion euros ($39 billion) in assets will be placed under ECB oversight. The ECB would also be able to intervene with smaller lenders and borrowers at the first sign of trouble. Speaking after th…

Europe has almost exhausted its stock of old-style internet addresses. Strict rationing of these addresses – called IPv4 – has been started by the body that hands them out in Europe. From now on, companies can only make one more application for IPv4 addresses and, if successful, will only get 1,024 of them. In addition, any application for more old addresses must demonstrate how an or…

Contact information for reservations VACATION RENTAL APARTMENTS Foreign Clients Phone: (56-35) 481636 National Clients Phone: (56-9) 923 318 64 and (56-9) 684 201 10 Customers Owners Phone: (56-35) 481797 Please add 011 in front of the number if you’re calling from the US. It might also work by adding a plus (+) sign, instead of 011. Regular prices Depending on the chos…
May 23 2012 | Posted in
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and Elvis Costello. New acts Rita Ora and Jake Bugg will appear on the main Pyramid Stage alongside Rufus Wainwright and festival veteran Billy Bragg. Glastonbury Festival 2013 takes place from 28 to 30 June….
Apr 21 2013 | Posted in
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…hich electronic devices pose the least risk to the environment. CIO Journal reported the ban was designed to encourage Apple to reconsider. It noted local officials spent $45,579 on Apple equipment in 2010. The sum is a fraction of the firm’s $65 billion net sales the same year, but the fact that its Cupertino headquarters is about 70 km away from San Francisco (43 miles) and many of its sta…
Jul 11 2012 | Posted in
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ation campaigner. She is recovering in the UK after she and two others were shot in October. Saturday has been declared a global day of action in Malala’s name aimed at getting school places for 32 millions girls around the world who are not attending classes. The Waseela-e-Taleem programme was announced in Islamabad by Pakistani President Asif Ali Zardari and special UN envoy for global edu…

Junior Bradshaw and Kevin Liverpool have been convicted of plotting to kill British singer Joss Stone. Junior Bradshaw, 32, and Kevin Liverpool, 35, both from Longsight, Manchester, UK, were found guilty of planning to rob and murder Joss Stone at her home in Devon. Both men had travelled to Devon in June 2011 armed with weapons and notes detailing their plans to behead the singer. Kevin Liverpoo…
Apr 3 2013 | Posted in
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Volunteers armed with drums and whistles are being used under a new scheme to shame people going to the toilet in public in the western Indian state of Rajasthan, officials say. The scheme was launched on Monday in 34 villages in Jhunjhunu district. Four to five people will “shout, beat drums or blow a whistle” if they see anyone urinating or defecating in the open, said an official….
Nov 6 2012 | Posted in
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…if the boat is pulling away and one of our best friends is somehow saying ‘bye bye’ and there’s not really that much we can do about it.” Banking union – Brussels’ 3-stage plan • Single supervisory mechanism (SSM) • Joint resolution scheme to wind down failing banks • Joint deposit guarantee scheme …

…chnology blog TechCrunch said it confirmed the change by speaking with three separate manufacturers, although Apple has not commented on the plan. Current iPhones, and all previous models, have used a 30-pin connector for power and to plug in accessories. However, reports claim the next iPhone will use a smaller 19-pin version, rendering all current accessories useless. Leaked pictures claiming to…

Hilary Neiman, a former lawyer from Maryland has been jailed for five months for her part in an international baby-selling ring that paid women to have babies to sell. Hilary Neiman, 32, is one of three women who pleaded guilty to the scheme and she was sentenced on Thursday and condemned for preying on couples. The woman was ordered by U.S. District Judge Anthony Battaglia to forfeit $133,000 …
Dec 4 2011 | Posted in
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FBI arrested Christopher Chaney from Florida after he had allegedly accessed Scarlett Johansson and other 50 celebrities’ phones and email accounts. Several nude photos of Scarlett Johansson appeared on an Internet site earlier this year and TMZ.com reported that hackers stole them from her cellular phone. Christopher Chaney, 35, from Jacksonville was arrested this morning on charges that stem fr…

…site’s structure. The oldest-known Mayan astronomical tables have been discovered at Xultun archeological site in Guatemala Archaeologists have catalogued the site’s features, including a 35m-tall pyramid, but thousands of structures on the 30 sq km site remain unexplored. In 2005, William Saturno, then at the University of New Hampshire, discovered the oldest-known Mayan murals at a…

YouTube user “rob19791”claims he has found proof that NASA is covering up evidence of aliens because the agency’s spacecraft that monitors the Sun went offline after he spotted a “UFO” on its video feed. On May 5, “rob19791” posted a YouTube video of a mysterious-looking “object” hovering near the sun. The footage was taken from video that the Solar and Heliospheric Observatory beamed back…