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Texas Man Sentenced to 12 Years in Prison for Defrauding Business Opportunity Buyers of More Than $5 Million | USAO-NJ
CAMDEN, N.J. – A Dallas, Texas, man was sentenced today to 144 months in prison for his role in orchestrating and operating a fraudulent scheme to sell medical-related business opportunities, causing a loss of more than $5 million, Acting U.S. Attorney Rachael A. Honig announced. David Weinstein, 62, formerly of Cherry Hill, New Jersey, previously pleaded guilty before U.S. District Judge Robert B. Kugler to an information charging him with conspiracy to commit wire fraud and money laundering. Judge Kugler imposed Weinstein’s sentence today in Camden federal court. According to documents filed in this case and statements made in court: From December 2015 through November 2020, Weinstein and his conspirators,…
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Texas will be ‘home of semiconductor manufacturing’ amid chip shortage: Gov. Abbott
Texas Gov. Greg Abbott discusses the impact of companies moving their headquarters to the state, the rise of the omicron variant and the migrant surge. Texas Gov. Greg Abbott declared Sunday that his state “will be the home of semiconductor manufacturing going forward” as the chip shortage has been affecting companies around the globe. “The country made a mistake over the past one or two decades to farm out manufacturing of all these essential supplies, whether it be now semiconductors or could be health care supplies that we needed during the time of COVID, whatever the case may be, we need to not depend upon China or other countries for our essential needs, for things like semiconductors,” the Republican governor argued during an exclusive…
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Texas’ freedom lets business, ideas flourish
When choosing San Antonio as the location for its first U.S. headquarters, global data technology leader Okin Process recognized the competitive business advantages found only in Texas. And it is in good company. Texas has earned the Best State for Business title for a record 17 years in a row from the Chief Executive Group. The nation’s leading CEOs cite our pro-growth economic policies — with no corporate income tax and no personal income tax — along with our young, growing and diverse workforce, easy access to global markets, robust infrastructure and predictable regulations. It’s no surprise then that four Texas cities are among the nation’s top 10 best cities…
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Texas businesses face conflicting COVID-19 vaccine rules from state, feds
Sign up for The Brief, our day-to-day publication that retains readers up to velocity on the most critical Texas news. Corporations executing business enterprise in Texas now face new and complex issues just after Gov. Greg Abbott this week banned COVID-19 vaccine mandates for all entities in the state — such as non-public firms — for employees or shoppers. The ramifications for corporations could start as before long as Friday, when providers that enter into deal do the job with the federal authorities will be required to have all staff members vaccinated below orders from the White Home. This conflicts with Abbott’s ban on vaccine mandates, placing the quite a…
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