Jeff Carpoff (49) and Paulette Carpoff (46), owners of DC Solar in California, pleaded guilty to running a Ponzi that bilked investors of $1 billion, including $340 from Warren Buffett’s Berkshire Hathaway Inc, reports AP. The could spend 15 - 30 years in prison.
As part of their plea deal, prosecutors said the husband and wife team from Martinez agreed to forfeit over $120 million in assets, including a fleet of collector cars and vacation homes in the Caribbean, Lake Tahoe and Las Vegas purchased entirely with cash... The Carpoffs used the money from the scheme to buy and invest in more than 150 luxury cars, 32 properties, subscription to a private jet service, a semipro baseball team and a suite at the new Las Vegas Raiders stadium.
Image: DC Solar Facebook page/video screengrab
[via Super Punch]
In Warsaw and other cities in Poland, crowds gathered Saturday to protest anti-LGBT discrimination and abuse promoted by the Polish government, as well as the recent detention of a prominent transgender activist.
Facebook is banning the pro-Trump Republican PAC “The Committee to Defend the President” from advertising, after the PAC repeatedly posted content identified as false by third-party fact-checkers. “As a result of the Committee to Defend the President’s repeated sharing of content determined by third-party fact-checkers to be false, they will not be permitted to advertise […]
Donald Trump on Thursday issued an executive order that bans doing business with ByteDance, the China-based company that owns TikTok. The ban takes effect in 45 days.
If the last 50 years of education have taught us nothing else, it’s that it often requires different tactics to best reach different learners. To pick up a foreign language, some students take best to the old-school high school language lab method, using heavy repetition, verb conjugation and grammar emphasis to embed a new language. […]
For those who want a career in video games, there’s no reason to sit around and wait. EA and Rockstar Games probably aren’t going to seek you out and knock on your door with a job opportunity. But if you’re an indie developer with a good idea and some passion, you can create a really […]
Nobody is happy about the current state of our COVID-ravaged education system. With a new school year fast approaching, plans for teaching students still in flux, and political in-fighting driving more fear and confusion about whether or not to re-open campuses, teachers and parents are concerned. Meanwhile, most kids are just fine with spending less […]