A private judge, not a Los Angeles jury, will render a verdict in the lawsuit seeking more than $770 million in damages from City National Bank over its alleged role in aiding a Ponzi scheme led by actor Zachary Horwitz. U.S. District Court Judge Christina Snyder recently ruled in favor of a request by the Los Angeles bank to have …
When Blake Whitmore pays his mortgage every month on his Marin County home, he winces. Whitmore says he is among the casualties of a Ponzi scheme allegedly involving one of L.A.’s best-known local financial institutions: City National Bank. There’s nothing sophisticated about what was going on.” A spokesperson for City National Bank declined to comment on the lawsuit, citing the …
The never-easy Toronto Blue Jays were at it again on Monday. Toronto’s win combined with the Texas Rangers’ 13-6 loss to the Houston Astros means the Blue Jays are now only a half-game out of the AL’s third wild-card spot. If the Blue Jays win their next two games, they’ll guarantee they’re in a postseason position by the time they …
When Katerina Horwitz started out as a social media influencer in 2016, she didn’t earn much money beyond a handful of “We love creating, but of course we’re going to go to the platform that pays us the most,” Horwitz told CNN Business. Snap is really incentivizing creators to try to come back to the platform or spend more time …