#Oatly accused of overstating revenues and profit margins

#Oatly accused of overstating revenues and profit margins

“#Oatly accused of overstating revenues and profit margins” Oatly is allegedly bamboozling its investors, overstating revenues and profits even as it loses market share, according to an explosive report by a short seller. The Swedish maker of oat-based milk substitutes — which listed its shares on the Nasdaq in a splashy May debut that valued…

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#Convicted conman swipes 2 Harlem brownstones worth over  million

#Convicted conman swipes 2 Harlem brownstones worth over $4 million

“#Convicted conman swipes 2 Harlem brownstones worth over $4 million” A convicted conman has been charged with using forged documents to steal two Harlem brownstones worth more than $4 million, prosecutors announced Thursday. Joseph Makhani, 58, was arrested and hit with a seven-count indictment Wednesday accusing him of stealing the properties in a “systematic and…

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# Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC

# Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC

“# Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC ” Self-described “Bitcoin King,” Claudio Oliveira, has been arrested and charged by Brazilian federal police for allegedly masterminding a 1.5 billion reais (roughly $300 million) fraud scheme involving crypto. Oliveria served as the president of Bitcoin Banco Group, a Brazilian crypto brokerage firm that has been…

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#Americans lost .8B to phone scams over past year

#Americans lost $29.8B to phone scams over past year

“#Americans lost $29.8B to phone scams over past year” Americans lost a record $29.8 billion to phone scams over the past 12 months, nearly threefold the estimated loss in 2019, according to a new report. Nearly one in four Americans reported losing money to a phone scam over the past year, the survey published by…

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