Reggie Rucker accused of paying gambling debts with non-profits’ money, charged with wire fraud – cleveland.com

CLEVELAND, Ohio — Former Cleveland Browns player and founder of the Cleveland Peacemakers Alliance Reggie Rucker was charged Tuesday in federal court with using hundreds of thousands of dollars in donations to his non-profit agencies to pay off gambling debts and his mortgage among other personal expenses. Federal prosecutors say Rucker used the non-profits’ bank…

James Packer’s Crown Resorts privatisation talk creates enticing hybrid gamble – The Australian Financial Review

Investors in Crown’s $1.1 billion of subordinated notes can do little but speculate on major shareholder James Packer’s intentions with his gambling empire’s future status as a listed or possibly privatised concern. Pat Scala The price of Crown’s subordinated notes are plunging again as the market expresses fears that majority owner James Packer will pursue…

SEC Enforcement: Fake Broker Charged With Selling Phony Stock to Pay Gambling Debt – ThinkAdvisor

The Securities and Exchange Commission barred an investment advisor from the industry because of sanctions imposed by the New Hampshire securities regulator and charged an electronics company executive with insider trading. It also charged an unregistered broker with fraudulent stock sales. SEC: Fake Broker Sold Phony Stock to Pay Gambling Debt The SEC has charged…

Should I pay my brother’s $20000 taxes and credit-card gambling debt? – MarketWatch

Terrence Horan/MarketWatch Dear Moneyologist, My 32-year-old brother recently took a job in Des Moines, Iowa, where I currently live. I said he could move in with me until he found a good place for himself. Since he has moved in I found out tha… Read the full article at: http://www.marketwatch.com/story/should-i-pay-my-brothers-20000-taxes-and-credit-card-gambling-debt-2016-02-08