Mike Cassidy
No one embodies the classic, sniff-it-out serial entrepreneur more than Mike Cassidy, who has now built and sold four companies (Stylus Innovation, Direct Hit, Xfire and Ruba), some of them with very impressive exits.
Continue reading… “Mike Cassidy: How to build a $500M company in 500 days”
North Dakota has a surplus of funds.
Alaska lawmakers couldn’t agree on what to do with all that extra money when they went in to a special session this year over budget questions.
Continue reading… “A few states have excess cash amid deficit gloom”
Have you heard of these money laundering cases?
Money laundering is the process by which illegally obtained cash is made to appear as if it has been obtained by legal means. The funds are moved into valid accounts or businesses in order to hide or disguise the financial trail that leads back to the criminal activity. In 1996, it was estimated that between 2 and 5 percent of the world’s gross domestic product consisted of laundered money…
Continue reading… “10 most notorious money laundering cases of the 20th century”
A group of Russian tax officials is alleged to have helped steal $230m (£140m) from the Russian state in an elaborate tax fraud.
Authorities in Switzerland are reported to have frozen dozens of bank accounts belonging to Russian tax officials. This is part of a criminal investigation into claims that the funds on them are derived from the biggest tax fraud in Russian history. The Swiss authorities began investigating after UK investment fund Hermitage filed a complaint against a group of Russian tax officials it alleged had helped steal $230m (£140m) from the Russian state in an elaborate tax fraud.
States have laws stipulating that the government becomes the owner of abandoned property after a period of time.
Billions of dollars in unclaimed life insurance benefits are at the center of a legal wrestling match as cash-strapped state governments step up their efforts to make sure insurance companies properly account for the funds.
PayPal is making more changes to its online payment service in India, saying it will begin restricting the size of payments to merchants in India because of new rules from the Reserve Bank of India.
Continue reading… “PayPal to Restrict Size of Payment to Merchants in India”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.