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Dan Mangan in political news

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U.S.District - Dan Mangan - Former BP exec's ex-husband gets prison for insider trading after eavesdropping on her calls - cnbc.com - state Texas - county Lake - county Tyler

Former BP exec's ex-husband gets prison for insider trading after eavesdropping on her calls

The ex-husband of a former BP mergers and acquisitions manager was sentenced to two years in federal prison for insider trading that netted him $1.76 million after he eavesdropped on her work calls about the oil giant buying another company. The ex-husband, Tyler Loudon, also was sentenced to one year of supervised release after his prison term and fined $10,000 by U.S. District Court Judge Sim Lake in Houston on Monday. Loudon's lawyer, Peter Zeidenberg, asked Lake to sentence him to one year of home confinement followed by two years of supervised release, citing, among other reasons, the need to care for Loudon's ailing mother. The prison sentence was at the bottom end of the 24-to-30-month range requested by fed

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Donald Trump - Michael Cohen - Todd Blanche - Dan Mangan - Juan Merchan - Robert Costello - Trump defense rests at New York hush money trial, ex-president doesn’t testify - cnbc.com - New York

Trump defense rests at New York hush money trial, ex-president doesn’t testify

Defense lawyers for Donald Trump rested their case at his criminal hush money trial Tuesday without calling the former president to testify. Trump's decision not to take the witness stand was not a surprise, as testifying carries serious risks for any criminal defendant, particularly for one with a tendency to speak off the cuff and undercut his prior statements, as he has shown in testimony in other, civil matters. Trump had previously said he was "absolutely" willing to testify in the case, where he is accused of falsifying business records related to reimbursing his then-personal lawyer and fixer Michael Cohen for paying porn star Stormy Daniels $130,000 to keep quiet about an alleged sexual tryst with Trump. "Your honor, the defense rests," Trump's lawyer Todd Blanche to

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Donald Trump - Michael Cohen - Dan Mangan - Juan Merchan - Trump trial heads into home stretch as Michael Cohen returns for hush money testimony - cnbc.com - city New York - New York - city Manhattan

Trump trial heads into home stretch as Michael Cohen returns for hush money testimony

The end of the criminal hush money trial of Donald Trump may soon be in sight, as testimony from his one-time personal lawyer Michael Cohen resumes Monday. Now, one big question looms over a New York courtroom: Will the former president take the witness stand? Cohen is a key witness against Trump, and prosecutors have already said he will be their last witness in the trial. Trump's lawyers are expected to wrap up his cross-examination Monday. Trump's attorneys hedged last week when asked by Judge Juan Merchan if they would call any defense witnesses at all to testify in Manhattan Supreme Court. Trump told a reporter last month, "I would testify, absolutely." But doing so would carry major risks for Trump, includi

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Dan Mangan - New York crypto personality used 'Seinfeld' joke in fraud, feds reveal - cnbc.com - city New York - New York

New York crypto personality used 'Seinfeld' joke in fraud, feds reveal

Yada, yada, yada, this cryptocurrency crook isn't laughing now. A New York man swindled more than $1.3 million from friends, neighbors and investors by among other things getting them to invest in bogus real estate projects involving a company named after a joke in the classic TV comedy "Seinfeld," and a fictitious cryptocurrency, federal prosecutors said Friday. Thomas John Sfraga, 55, from 2019 through 2022 "held himself out as the owner and principal of multiple businesses, including Vandelay Contracting Corp. and Build Strong Homes LLC," the Brooklyn U.S. Attorney's Office said in a statement. Read more CNBC politics coverage DOJ charges brothers with $25 million Ethereum heist that took 12 seconds Biden and Trump agree to debate June 27 and Sept. 10 Top Democrat presses oil CEOs for details of Trump Mar-a-Lago fundraising dinner TikTok

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Donald Trump - Dan Mangan - Dick Durbin - Justice Samuel Alito - Supreme Court Justice Alito urged to step off Trump election case over U.S. flag controversy - cnbc.com - Usa - New York - state Virginia - state Illinois

Supreme Court Justice Alito urged to step off Trump election case over U.S. flag controversy

The chair of the Senate Judiciary Committee on Friday urged Supreme Court Justice Samuel Alito to recuse himself from considering cases related to the 2020 election, including the question of former President Donald Trump's immunity from criminal prosecution, because of controversy over an upside-down U.S. flag that flew outside Alito's home after the election. Sen. Dick Durbin suggested that Alito was adding to ethical concerns about the court after The New York Times report on Thursday revealed that the flag was displayed in that manner outside his Virginia home. "Flying an upside-down American flag — a symbol of the so-called 'Stop the Steal' movement — clearly creates the appearance of bias," said Durbin, the Illinois Democrat who heads the Judiciary Committee. "Justice Alito should recuse himself immediately from cases related to the 2020 election and the January 6th insurrection, including the question of the former President's immunity in U.S. v. Donald Trump, which the Supreme Cour

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Dan Mangan - Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud - cnbc.com - state California - city Atlanta - state Georgia - state Oregon

Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud

A former diversity manager at Facebook and Nike was sentenced to five years and three months in prison for stealing more than $5 million from those companies that had been earmarked for DEI initiatives, federal prosecutors said. Georgia resident Barbara Furlow-Smiles, who pleaded guilty to wire fraud in the case in December, stole more than $4.9 million from Facebook "utilizing a scheme involving fraudulent vendors, fake invoices, and cash kickbacks," Atlanta U.S. Attorney Ryan Buchanan said in a statement. "After being terminated from Facebook, she brazenly continued the fraud as a DEI leader at Nike, where she stole another six-figure sum from their diversity program," Buchanan said. Furlow-Smiles, 38, used the money she stole "to fund a luxury lifestyle in California, Georgia and Oregon," accord

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Donald Trump - Michael Cohen - Todd Blanche - Dan Mangan - Keith Schiller - Trump lawyer yells at Michael Cohen in cross-examination over call about Stormy Daniels - cnbc.com - city Manhattan

Trump lawyer yells at Michael Cohen in cross-examination over call about Stormy Daniels

A defense attorney for Donald Trump yelled at prosecution witness Michael Cohen during cross-examination about a 2016 phone call at issue in the former president's criminal hush money trial. Defense lawyer Todd Blanche questioned Cohen about an Oct. 24, 2016, call he made to Trump in which Cohen said he had gotten porn star Stormy Daniels to agree to avoid going public with her claim of having sex with Trump. Blanche demanded to know whether Cohen lied about that call. Blanche confronted Cohen with text messages from that same day that suggested he was calling then-Trump Organization security chief Keith Schiller that night because of concerns about harassing text messages Cohen was receiving as Trump ran for president that year. "I believe I also spoke to Mr. Trum

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Donald Trump - Dan Mangan - Trump's Boeing 757 clipped parked plane while landing at Florida airport Sunday, FAA says - cnbc.com - state New Jersey - state Florida - New York - county Palm Beach - city West Palm Beach

Trump's Boeing 757 clipped parked plane while landing at Florida airport Sunday, FAA says

The wing of the Boeing jet used by former President Donald Trump struck a parked plane at a Florida airport after landing safely and taxiing early Sunday morning, the Federal Aviation Administration said on Tuesday. It is not known if Trump, who had held a campaign rally in Wildwood, New Jersey, on Saturday, was on his Boeing 757 when its winglet struck the rear elevator of a parked VistaJet in West Palm Beach. No injuries were reported in the collision. The FAA notice about the incident, which occurred at 1:19 a.m. ET on Sunday, gives the tail number of Trump's aircraft, N757AF. In a statement, the FAA said, "A privately owned Boeing 757 landed safely at West Palm Beach International Airport around 1:20 a.m. local time on Sunday, May 12." "While taxiing, its winglet contacted a parked and unoccupied corporate jet," the FAA said. "The inci

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