Hollywood actor Zachary Horwitz arrested for running Ponzi scheme

Zachary Horwitz, a 34-year-old aspiring Hollywood actor, was arrested and charged with wire fraud on Tuesday by FBI agents on suspicion of running a £502m ($690m) Ponzi scheme tricking film investors with fake Netflix deals to fund a lavish lifestyle. Mr. Horwitz, whose stage name is Zach Avery, allegedly raised funds from investors for film…

Beijing has more billionaires than the Big Apple.

According to Forbes’ Annual rich list, Beijing now has more billionaires than any other city in the world, with 33 billionaires last year now leaping to 100 beating New York which has 99, who had held the top ranking for seven years. China’s successful containment of Covid-19 and its e-commerce boom, expansion of its technology…

Betfred loses High Court battle as Blackjack player wins £1.7m

High Court Judge Mrs. Justice Foster ruled Betfred Punter Andy Green’s favour and said Betfred had no grounds for withholding payment. The judgment means Mr. Green from Washingborough, Lincolnshire will finally receive his £1.7m jackpot, while playing a blackjack game on his phone, payout plus interest, after a three-year battle. The bookmaker refused to pay…

Russian diplomats exit out of North Korea by hand-pushed trolley

  A group of eight Russian diplomats and their families made an unusual exit out of North Korea across the border by initially traveling by train and bus before pushing themselves across the Russian border for about 0.6 miles (1km) over train tracks. North Korea has blocked most passenger transport to limit the virus spread,…

Landslides and floods kill 133 in Indonesia and East Timor

  !33 people have died after flash floods and landslides sparked by torrential rains in Indonesia and East Timor, with water overflowing dams and submerging thousands of homes,  stretching from Flores Island in eastern Indonesia to East Timor. In Indonesia alone over 86 people have died with dozens still missing. At least 27 people hae…

LG closing down its smartphone business

LG Electronics, the Korean electronics giant said it would close down its six-years of loss-making smartphone business totalling £3.3bn ($4.5bn). LG had made several innovations including ultra-wide angle cameras, rising to third largest smartphone maker in 2013. But as the markets became more competitive with Samsung and Apple advanced, LG suffered from its own hardware…

Police officer dies in attack at Capitol

  A car crashed into a security barrier before the driver lunged towards the police officers with a knife, leaving one police officer dead and another in hospital with injuries. The officer opened fire and the suspect was shot dead, the attack which came three months after January’s deadly Capitol riots did not appear to…

Hard border, a failure of both British and Irish statecraft

The Easter Rebellion in 1916, as the Irish Government had a dilemma, as to how the upraising be commemorated, as the Republic of Ireland came into being as a consequence of the “ Rising” and thus the centenary could be marked in the most official way possible by having the Irish Army parade through Dublin…

Le Carre dies aged 90

Le Carre born David Cornwell in 1931, entered a career in undercover intelligence after studying at Oxford and then joined the Foreign Office, initially based at the British Embassy in Bonn, where he worked in the intelligence records department, a role which gave an insight into the workings of the secret service. He published his…