Alo360 Admin

JPMorgan Challenges $115M Legal Fee Linked to Fraud Case

JPMorgan Challenges $115M Legal Fee Linked to Fraud Case

JPMorgan Chase is pushing back against a $115 million legal bill connected to former employees convicted of fraud. The bank insists that those involved acted independently and must take full responsibility for their defense expenses. Background of the Case The issue stems from several ex-JPMorgan executives found guilty of manipulating portfolios and falsifying financial data….

Read More
US Sanctions Colombian President and Family Over Drug Allegations

US Sanctions Colombian President and Family Over Drug Allegations

The United States government has imposed sanctions on Colombian President Gustavo Petro, his wife Veronica Alcocer, his son Nicolas Petro, and Interior Minister Armando Benedetti. Officials claimed they failed to curb the drug trade and even benefited from activities tied to powerful cartels. Why the Sanctions Were Imposed According to U.S. Treasury Secretary Scott Bessent,…

Read More