Warning issued over student aid fraud rings

(InvestigateTV) — The Office of the Inspector General of the U.S. Department of Education is trying to get the word out about student aid fraud. Assistant Inspector General for Investigations Jason Williams said one way they are trying to reach people is through their “Eye on Ed” podcast. “We launched the podcast in 2019, and…

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Volocopter Files for Insolvency | Future Transport-News

Volocopter has filed an application for insolvency proceedings at the Karlsruhe Local Court in Baden-Württemberg, Germany. The application, which was opened on 26 December 2024 and began the following day, will see Anchor Rechtsanwältegesellschaft mbH partner and attorney, Tobias Wahl, as administrator during the process. Volocopter’s 2X unit takes flight at Gimpo Airport, during MOLIT…

Pope urges debt relief for poorer nations

As he addressed the faithful in St Peter’s Square, Pope Francis urged world leaders of wealthy nations to cancel or decrease the debts of less privileged nations, on the occasion of the Vatican’s 2025 Jubilee Year. “The Jubilee asks to translate this remission of debts on a social level so that no person, no family,…

Cork-based medical devices firm declares bankruptcy 

The board of Cork-based PMD Device Solutions has filed for bankruptcy following a review of the company’s financial position which found that it could not resolve its short-term liquidity requirements rendering it unable to meet critical obligations. PMD Device Solutions develops and sells medical products for respiratory monitoring in both the hospital acute monitoring sector…

After Lilium’s ‘miraculous’ revival, German air taxi firm Volocopter files for insolvency

Germany-based Volocopter, an urban air mobility company that develops eco-friendly air taxis to transport people, announced its application to open insolvency proceedings at the Karlsruhe Local Court on 26 December 2024. The Karlsruhe Local Court began the provisional insolvency administration the following day and appointed Tobias Wahl, partner, and attorney at Anchor Rechtsanwältegesellschaft mbH, as…

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Countries That Gamble The Most

Around one in four people worldwide have tried gambling at some point in their lives. The thrill, social interaction, and sense of escape it offers keep many coming back for more. However, certain countries have gambling rates much higher than most, with over half the population participating in gambling. Currently, the United States, China, and…