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Massachusetts Mayor Charged With Using COVID Loan For Election Campaign, Debt Payments
Massachusetts Mayor Charged With Using COVID Loan For Election Campaign, Debt Payments
Authored by Aldgra Fredly via The Epoch Times,
A Massachusetts mayor was arrested on Aug. 14 on allegations that he fraudulently secured more than $1.5 million in COVID-19 small-business loans to fund his election campaign and pay personal taxes and mortgages.
Lawrence Mayor Brian DePeña, 61, was charged with one count of wire fraud and one count of money laundering, according to a statement by the U.S. Attorney’s Office for the District of Massachusetts.
DePeña has been released from custody following...
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Apr 9, 2026 / Tyler Durden
Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher
Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher
Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futures fell 0.4% after Bloomberg strategists said a best-case scenario has already been priced in; Nasdaq futures dropped 0.3% with Mag7 stocks mostly lower. Europe’s Stoxx 600 index fell 0.7%. Emerging-market...
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Mar 11, 2026 / Kyle Anzalone
Department of War Using Palantir AI to Pick Targets in Iran
The Pentagon is using an Artificial Intelligence system developed by Palantir to select targets in Iran. Some members of Congress are considering legislation to place restrictions and safeguards on the Department of War’s use of AI. Two Congressional sources speaking with NBC News confirmed the use of Palantir’s AI for targeting and the potential bill. […]
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Mar 25, 2026 / Tyler Durden
Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut
Trapped: The Private Credit Exit Door Has Been Locked And Sealed Shut
Submitted by QTR's Fringe Finance
While headlines are fixated on the Iran war and today’s “feel good” market rally, it is worth noting that beneath the surface, hours ago credit markets just got worse.
The latest example comes from Apollo, which has been forced to put the brakes on investor withdrawals from one of its largest retail focused funds, according to Bloomberg. Its $25 billion Apollo Debt Solutions vehicle is the latest private credit flaming bag of shit that has hit...
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