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Waste Of The Day: Alleged Data Center Fraud
Waste Of The Day: Alleged Data Center Fraud
Authored by Jeremy Portnoy via RealClearInvestigations,
The Securities and Exchange Commission paid $10.7 million to store its electronic data at a Maryland facility that was allegedly certified by a company that does not exist.
AiNET Corp. and its former CEO Deepak Jain recently agreed to pay $1.8 million to settle allegations that they violated the False Claims Act by knowingly defrauding the government. The settlement does not contain an admission of guilt.
Key facts: When the SEC began looking for a new data center in...
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Apr 1, 2026 / Tyler Durden
US Firm Takes Control Of One Of The "World's Largest" Cobalt Producers
US Firm Takes Control Of One Of The "World's Largest" Cobalt Producers
An American company has secured control of one of the largest cobalt producers outside Chinese ownership, delivering a strategic boost to U.S. efforts to compete with Beijing over critical minerals, according to the Wall Street Journal.
The buyer, Virtus Minerals, completed its acquisition of Congo-based Chemaf for $30 million, along with a pledge to invest roughly $720 million. The deal caps a years-long push, spanning both the Biden and Trump administrations, to ensure U.S. access to cobalt resources in...
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Jan 20, 2023 / Matthew Gault
U.S. ‘No Fly List’ Leaks After Being Left in an Unsecured Airline Server
The list, which was discovered by a Swiss hacker, contains names and birth dates and over 1 million entries.
Read moreA copy of the U.S. No Fly List has leaked after being stored on an unsecure server connected to a commercial airline. The No Fly List is an official list maintained by the U.S. government of people it has banned from traveling in or out of the United States on commercial flights.
Jul 2, 2026 / Tyler Durden
Ex-CIA Chief John Brennan Sues Trump, Admin Officials Over Allegedly Vindictive Investigations
Ex-CIA Chief John Brennan Sues Trump, Admin Officials Over Allegedly Vindictive Investigations
Authored by Timothy Frudd via The Epoch Times,
Former CIA Director John Brennan is seeking a court order requiring the Trump administration to retain records related to allegedly vindictive investigations into him and his involvement in probing alleged Russian interference in the 2016 presidential election.
Former Director of the U.S. Central Intelligence Agency (CIA) John Brennan testifies before the House Permanent Select Committee on Intelligence on Capitol Hill in Washington on May 23, 2017. Alex Wong/Getty Images
While the Justice Department...
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