Japan’s Police Agency to Launch 1st Probe into Online Casinos Run Overseas; Illicit Gambling Drives Young People into Debt, Shady Jobs

Yomiuri Shimbun file photoThe National Police Agency building The Yomiuri Shimbun 1:00 JST, August 20, 2024 The National Police Agency will launch its first investigation into online casinos that are run overseas. Gambling on such sites has spread rapidly among younger people in Japan, which has led some of them into debt and illicit part-time…

Fraudster Ordered to Repay Abused Covid Scheme Loan

Salih Ozhot applied for a £50,000 Bounce Back Loan to support his business, but ended up using the money for his own personal gain His actions were described by Insolvency Service investigators as “cynical”, “sophisticated” and “pre-planned” Ozhot, who was declared bankrupt in 2021, will have to repay the loan in full A North London…

Fisker goes bankrupt, plans to sell off assets

Fisker’s second electric car company has gone bankrupt Fisker filed for Chapter 11 bankruptcy protection in Delaware “Thousands” of Ocean electric SUVs were delivered before the bankruptcy filing Electric vehicle startup Fisker on Monday filed for Chapter 11 bankruptcy protection with a court in Delaware, just a year after the start of deliveries of the…

BurgerFi might go bankrupt

This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Recommended Reading Dive Brief: BurgerFi management has substantial doubt over its ability to continue operating due to the company’s liquidity position and forecast of weak operating results and cash flows, the chain said…