scandal

The founder of a New York hedge fund was criminally charged Thursday over an alleged scheme to pressure a rival not to bid for assets related to Neiman Marcus’ bankruptcy so he could buy them at a lower price, the US Department of Justice said. Daniel Kamensky, principal of Marble Ridge Capital, which has more …

Former “Full House” TV star Lori Loughlin nearly broke down in tears Friday as she was sentenced to two months behind bars for admittedly conspiring to pay a half-million-dollar bribe to get her two daughters into the University of Southern California as fake rowing recruits. “I’ve made an awful decision,” the actress told the judge, …

Distressed investment firm Marble Ridge Capital plans to wind down its funds after a government report called into question the actions of its managing partner, Dan Kamensky, during the Neiman Marcus Group bankruptcy, the firm said. “After much consideration, and in light of the operating environment, we have made the difficult decision to commence an …

Mossimo Giannulli, the husband of “Full House” actress Lori Loughlin, has been sentenced to five months in jail for his role in bribing his daughters’ way into college. Boston federal Judge Nathan Gorton approved the terms of Giannulli’s plea deal during a Zoom conference Friday morning, saying it was “sufficient but not greater than necessary …

Lori Loughlin and her husband, Mossimo Giannulli, are set to be sentenced Friday for their role in the widespread college-admissions scandal, bringing their made-for-TV saga to a close. The celebrity couple will appear via videoconference in Boston federal court, where US District Judge Nathaniel Gorton will decide whether to accept a plea deal the duo …

Lori Loughlin and her husband Mossimo Giannulli advised their YouTuber daughter to play it cool with her “nosey bastard” of a high school counselor — in order to keep their role in the college admissions scam under wraps, prosecutors alleged in new court documents. Giannulli even confronted the counselor for telling an admissions official at …

In his first interview since getting suspended eight games for a July 28 incident with the Houston Astros, Los Angeles Dodgers pitcher Joe Kelly said that his animosity toward the Astros stems more from how they handled the sign-stealing investigation than the actual cheating itself. Speaking on “The Big Swing,” a podcast hosted by his …

They may be headed to the big house, but for now they’re in a slightly smaller one. Lori Loughlin and her husband Mossimo Giannulli have purchased a new, $9.5 million home ahead of their sentencing in the college admissions scandal later this month, according to a report. The celebrity couple relocated to a six-bedroom, nine-bathroom …

Goldman Sachs on Friday lowered its previously stated quarterly earnings as the bank set aside more money to pay for its settlement with the Malaysian government over the multi-billion-dollar 1MDB scandal. Goldman lowered its net earnings applicable to common shareholders to $197 million from $2.25 billion, in a filing published Friday. The revised earnings reflect …

Ellen DeGeneres’ celebrity friends are defending the talk show host amid reports that she has been “mean” to her staff and others behind the scenes. Katy Perry, who has appeared on “The Ellen DeGeneres Show” many times, took to Twitter on Tuesday to show her support. “I know I can’t speak for anyone else’s experience …