Four years after taking the industry by storm with a promise to become the Uber of private jets, JetSmarter has left a trail of angry customers, at least 13 lawsuits and concerns over security. While some are satisfied, others call it a "fraud."
Before he boarded a JetSmarter flight in Las Vegas in September, Maurice Paola was a little-known DJ and music producer. Now, he's a symbol of private jet air rage and screening procedures at the flying service start-up.
The cryptocurrency company whose stock skyrocketed after changing its name, revealed that the SEC subpoena and investigation are "still ongoing," according to its most recent quarterly filing.
A CNBC investigation found that some online subscription services employ confusing business tactics, such as opting customers in to recurring charges without their knowledge and making it very difficult for shoppers to opt out of the monthly fees.
The CEO and chairman of Riot BlockChain has resigned in the wake of unrelated charges by the Securities and Exchange Commission against him for alleged fraud in connection with other companies.
The Securities and Exchange Commission announced on Friday charges against a group of 10 individuals and their associated entities for long-running fraudulent schemes that brought in over $27 million.
It's called virtual kidnapping and it is spreading. The extortion scheme is so effective that many terrified people fall victim to it. Callers convince victims that their son or daughter has been taken and demand money to save them.
The sweeping changes, if approved, could have a major impact on the short-term rental market.
From Miami Beach to Los Angeles, local laws vary widely, but complaints about quality-of-life issues caused by illegal short-term rentals listed on vacation rental websites are similar.
Riot Blockchain, the cryptocurrency company whose stock skyrocketed after changing its name, revealed that the SEC subpoena it received in April was “pursuant to a formal order of investigation."
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