He went on trial, accused of defrauding investors of two hedge funds. (usatoday.com)
Amanat, who had boasted that he had produced some of the «Twilight» films and famously fought a legal battle with billionaire Vladislav Doronin over the ultraluxury Aman Resorts, was found guilty Tuesday of defrauding investors by manipulating shares for the digital - video software startup KIT Digital Inc. by a federal jury in Manhattan following a six - week trial, Bloomberg reported. (pagesix.com)
Congress may dismantle Obama - led regulations that provided financial relief for students defrauded by for - profit institutions. (entrepreneur.com)