In a shocking turn of events, the former CEO of Escobar Inc., Olof Kyros Gustafsson, has pled guilty to serious charges of fraud and money laundering. The company, infamous for the Escobar Fold 1 and 2 phones, misled customers while profiting from their orders. A sentencing is set for December 5, where Gustafsson could face up to 30 years in prison and hefty restitution.
Kansas City Chiefs wide receiver Rashee Rice has been sentenced to 30 days in jail and five years probation for his involvement in a serious multicar crash. The NFL is expected to impose a suspension as Rice expresses remorse for his actions.
Five Proud Boys leaders, convicted in the Jan. 6 Capitol riot, are suing for $100 million, claiming their constitutional rights were violated. This lawsuit could reshape public narratives around the insurrection.
Disgraced former Congressman George Santos is set to be sentenced for wire fraud and identity theft. Prosecutors push for the maximum seven-year sentence as Santos claims to accept responsibility while challenging the severity of his punishment.
Elizabeth Holmes, founder of Theranos, remains in prison as court upholds fraud conviction for deceiving investors with false claims about her blood-testing startup. Learn about the scandal and the legal battle.
