Advertisement

May 15, 2002 / 2:42 PM

Former executive pleads guilty to fraud

SAN ANTONIO, May 15 (UPI) -- The former head of several San Antonio-based investment companies pleaded guilty Wednesday to defrauding 1,200 investors, mostly Mexican and Venezuelan citizens, out of at least $325 million. Jose "Joey" Zollino faces 12 years in prison and a federal judge is expected to order him to pay millions in restitution.

Advertisement

British authorities charge two men with aiding Russia's intelligence service

World News // 21 minutes ago

British authorities charge two men with aiding Russia's intelligence service

April 26 (UPI) -- A new British national security law has been used to charge two Britons for allegedly aiding Russian intelligence after a suspected arson attack on a Ukraine-owned warehouse in London.

Trump hush-money trial: Cross-examination of first witness begins

U.S. News // 34 minutes ago

Trump hush-money trial: Cross-examination of first witness begins

April 26 (UPI) -- The hush money trial of Donald Trump has reached its fourth day Friday with former National Enquirer publisher David Pecker on the witness stand for cross-examination by the defense.

TikTok ban: U.S. plan to force sale faces First Amendment, logistical hurdles

U.S. News // 1 hour ago

TikTok ban: U.S. plan to force sale faces First Amendment, logistical hurdles

April 26 (UPI) -- Before a forced sale or ban of TikTok takes effect, experts expect the company to take legal recourse against the U.S. government.

Chinese fashion app Shein to face stricter European Commission rules

World News // 1 hour ago

Chinese fashion app Shein to face stricter European Commission rules

April 26 (UPI) -- Chinese-owned fashion app Shein must follow new stricter rules under the European Commission's Digital Services Act after determining the app was large enough to fall under the legislation's measures.

Consumer spending, closely watched by Fed, rose 0.3% in March

U.S. News // 1 hour ago

Consumer spending, closely watched by Fed, rose 0.3% in March

April 26 (UPI) -- Key PCE U.S. consumer inflation rose 0.3% in March, according to Friday's Bureau of Economic Analysis report. It was in line with economists' expectations. For the year it was up 2.7% from a year ago.

TikTok's Chinese parent company denies reports it plans to sell its U.S. business

U.S. News // 2 hours ago

TikTok's Chinese parent company denies reports it plans to sell its U.S. business

April 26 (UPI) -- ByteDance, the Chinese owner of TikTok, insisted Friday that it had no intention of selling the video-sharing app despite the threat of a U.S. ban hanging over it.

Bank of Japan holds firm on policy despite falling yen

World News // 3 hours ago

Bank of Japan holds firm on policy despite falling yen

April 26 (UPI) -- Japan's central bank stood pat and declined to make a policy change on Friday despite a falling yen because it has not played a major factor on inflation.

Scottish First Minister Yousaf faces no-confidence vote after coalition collapse

World News // 3 hours ago

Scottish First Minister Yousaf faces no-confidence vote after coalition collapse

April 26 (UPI) -- Scottish First Minister Humza Yousaf was fighting for his job on Friday after the opposition Conservatives tabled a motion of no-confidence in his leadership that he is on track to lose.

China's FM warns Blinken relationship with U.S. could take a downward spiral

World News // 4 hours ago

China's FM warns Blinken relationship with U.S. could take a downward spiral

April 26 (UPI) -- The U.S.-China relationship could either continue to stabilize or spiral downwards, China's foreign minister Wang Yi warned Friday as he met his U.S. counterpart, Antony Blinken, in Beijing.

U.S. troops begin construction of Gaza pier as famine looms

U.S. News // 6 hours ago

U.S. troops begin construction of Gaza pier as famine looms

April 26 (UPI) -- The Pentagon said U.S. troops have begun construction of a pier in Gaza to be used to bring much needed humanitarian aid into the Palestinian enclave as famine looms.

Advertisement

Advertisement

Advertisement