The SEC filed a lawsuit against Elon Musk, CEO of Tesla and SpaceX, alleging securities fraud in 2022 for not disclosing his active stake in Twitter, allowing him to buy shares at lower prices. Musk acquired Twitter for $44 billion in 2022, renamed it X, and failed to disclose his ownership exceeding 5%, resulting in underpayment by $150 million. The SEC investigated Musk for securities fraud related to Twitter disclosures and pressured him to settle or face charges within 48 hours.
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Pennsylvania nurse used 20 aliases, 7 Social Security numbers to illegally treat patients: Police
A 39-year-old woman, Shannon Nicole Womack, has been arrested and charged with 43 counts, including identity theft and endangering the welfare of a care-dependent person, after impersonating four nurses and using around 20 aliases since 2020. She secured nursing positions through fraudulent means, including submitting forged documents and creating a false LLC, and is currently held on a $250,000 bail. Want More Context? 🔎
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