Latest news with #FBIinvestigation
Yahoo
3 days ago
- Business
- Yahoo
Malik Beasley Is Being Sued By His Barber, Dentist, And Former Sports Agency
Malik Beasley Is Being Sued By His Barber, Dentist, And Former Sports Agency originally appeared on Fadeaway World. Detroit Pistons guard Malik Beasley delivered one of the best seasons of his career in 2024–25, finishing second in Sixth Man of the Year voting while hitting over 300 threes and playing a pivotal role in the Pistons' return to playoff relevance. Yet behind the scenes, Beasley's financial life has completely unraveled. According to court records obtained by The Detroit News, the 27-year-old is battling over $8 million in debts while facing lawsuits from multiple creditors including his former barber, dentist, landlord, and sports agency. And that's not all. Beasley is currently under investigation by the FBI in connection with a federal probe into gambling, wire fraud, and alleged prop bet violations. While no charges have been filed, sources confirm the Pistons have pulled a proposed three-year, $42 million offer due to the growing uncertainty surrounding Beasley's off-court issues. Among the most high-profile legal troubles is a lawsuit filed in April by Hazan Sports Management Group Inc., a New York-based agency that claims Beasley failed to repay a $650,000 advance on future marketing revenue. The lawsuit, filed in federal court, seeks at least $2.25 million for breach of contract, with Hazan alleging that Beasley made 'sporadic payments and vague promises' after terminating their agreement in February. The firm served Beasley at the Ritz-Carlton in New York City on April 21st, just hours before he helped the Pistons beat the Knicks in Game 2 of their playoff series. Hazan isn't the only creditor after Beasley. A separate $5.8 million judgment was awarded to South River Capital LLC in 2021 after Beasley defaulted on a high-interest athlete loan. Though he repaid $1.13 million of that in 2023, the remainder remains outstanding. Even the more minor debts paint a grim picture. In January 2025, celebrity barbershop Cairo Cuts, known for styling dozens of NBA players, won a $26,827 judgment against Beasley in Wisconsin. The case stemmed from unpaid grooming sessions dating back to his Milwaukee Bucks tenure. Photos of Beasley from the spring of 2024 still sit on the barber's Instagram page with the caption 'playoff ready,' making the collapse of their relationship all the more jarring. That same month, a Minnesota-based dentist, Dr. Hassan Alshehabi of Delicate Smiles, won a $34,390 judgment for unpaid dental procedures. In February, the court approved garnishment of Beasley's Pistons paycheck to begin satisfying the debt, which remains unpaid to date. His housing situation isn't faring much better. Beasley has been sued twice in the past four months by The Stott, a luxury high-rise in downtown Detroit owned by Dan Gilbert's Bedrock real estate empire. In March, the landlord sought $14,150 in unpaid rent, a case that was dismissed. However, just a month later, they filed a second lawsuit over $7,355 in new rent defaults. A court hearing is scheduled for July 15. Meanwhile, Beasley reportedly signed a bridge loan agreement last August with a Florida lender, pledging his current and future NBA contracts as collateral. These types of loans are common for pro athletes but often carry exorbitant interest rates.' In total, Malik Beasley, despite earning over $59 million in NBA contracts, finds himself on the brink of financial ruin. With the FBI circling and the Pistons now hesitant to re-sign him, the sharpshooter's offseason may be defined more by courtrooms than court story was originally reported by Fadeaway World on Jul 2, 2025, where it first appeared.
Yahoo
4 days ago
- Politics
- Yahoo
Trump administration releases documents in MLK assassination
The Trump administration on Monday released hundreds of thousands of documents related to the assassination of Martin Luther King Jr., fulfilling a pledge from President Trump despite some reluctance from the civil rights icon's children. The release makes more than 230,000 pages of files digitally available. Director of National Intelligence Tulsi Gabbard said the documents include details about the FBI's investigation into King's killing in 1968, internal memos about the case and details about the pursuit of James Earl Ray, who was convicted of killing the civil rights leader. Some of the records had been publicized previously through Freedom of Information Act (FOIA) requests. But officials touted that the document dump was the first time they had been made available online with minimal redactions. 'Today's record release marks a historic step in the Trump Administration's ongoing commitment to transparency and accountability,' Secretary of State Marco Rubio, who is also serving as the interim head of the National Archives (NARA), said in a statement. 'Preserving, protecting, and releasing the records of the U.S. government is at the core of NARA's mission,' Rubio added. 'Thanks to President Trump's leadership and a coordinated interagency process, NARA was able to review and release the records at an unprecedented speed.' Martin Luther King III and Bernice King, the two living children of Martin Luther King Jr., issued a lengthy statement on Monday in which they urged the public to view the newly released records 'within their full historical context,' pointing to what they called an 'invasive, predatory, and deeply disturbing disinformation and surveillance campaign orchestrated' by the FBI. 'While we support transparency and historical accountability, we object to any attacks on our father's legacy or attempts to weaponize it to spread falsehoods,' the King children said in a statement. 'We strongly condemn any attempts to misuse these documents in ways intended to undermine our father's legacy and the significant achievements of the movement. Those who promote the fruit of the FBI's surveillance will unknowingly align themselves with an ongoing campaign to degrade our father and the Civil Rights Movement.' Within days of taking office in January, Trump signed an executive order Thursday directing the release of federal government documents related to the assassinations of King, former President John F. Kennedy and former Attorney General Robert F. Kennedy. King was shot and killed in Memphis in April 1968, and his assassination has remained the subject of conspiracy theories. 'While we continue to mourn his death, the declassification and release of these documents are a historic step towards the truth that the American people deserve,' King's niece, Alveda King, said in a statement shared by the Trump administration. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
6 days ago
- Business
- Yahoo
FBI Drops Criminal Probe Into Kraken Founder Jesse Powell
Federal authorities have dropped a criminal investigation into Jesse Powell, co-founder and former CEO of cryptocurrency exchange Kraken. The FBI investigation, which began in 2023, was looking into the non-profit Verge Center for the Arts' allegations that Powell hacked its computer accounts and obstructed access to emails. His home was also searched when the investigation began and computers, laptops and cellphones were seized at the time, the New York Times reported last year. In April this year, federal prosecutors informed Powell's attorney Brandon Fox that the government had concluded its investigation into the Verge allegations and it was not bringing criminal charges against Powell, documents filed to the Superior Court of the State of California on Monday showed. Prosecutors also said at the time they would return the devices they had seized from Powell's home, Fox said. On June 9, his lawyer later received a letter from the U.S. Attorney's Office for the Northern District of California confirming that the federal government had closed this investigation on April 8 this year. Fox initially asked for this letter to be sent to Powell. 'The FBI's raid on my house was devastating both personally and professionally. It is still shocking that the raid was premised on Verge Center for the Art's baseless accusations against me," Powell said in a statement. "I will continue to pursue the appropriate legal remedies against those who created this disaster by making false statements to law enforcement,' he added. The closure of the case comes as Kraken weighs the possibility of an initial public offering by the first quarter of 2026. Powell stepped down as the exchange's CEO in 2023 according to his LinkedIn, but remains on its board of directors. Kraken remains one of the largest U.S.-based crypto exchanges and has been the target of increased regulatory scrutiny in recent years. In 2023, it settled with the Securities and Exchange Commission and shut its U.S. staking services. Parts of this article was generated with assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Sign in to access your portfolio
Telegraph
22-07-2025
- Politics
- Telegraph
Trump orders DoJ to speak to Ghislaine Maxwell about Epstein files
The Trump administration has asked to meet with Ghislaine Maxwell to discuss the Jeffrey Epstein case. Todd Blanche, the US deputy attorney general, said the Department of Justice (DoJ) and the FBI had reached out to the British socialite and former girlfriend of the paedophile financier, who is currently serving a 20 year jail sentence after being convicted of sex trafficking. In a post shared by Pam Bondi, the US attorney general, Mr Blanche said: 'President Trump has told us to release all credible evidence. If Ghislane Maxwell has information about anyone who has committed crimes against victims, the FBI and the DoJ will hear what she has to say. 'Therefore, at the direction of Attorney General Bondi, I have communicated with counsel for Ms Maxwell to determine whether she would be willing to speak with prosecutors from the Department. I anticipate meeting with Ms Maxwell in the coming days.' Mr Trump is facing the biggest crisis of his presidency over his administration's failure to release all information related to Epstein's case. The FBI and the DoJ sparked dismay among the president's Maga base earlier this month after concluding that the sex offender did not have a 'client list' and took his own life in a Manhattan prison cell in 2019. Conspiracy theorists, including many Trump voters, believe that Epstein was killed to prevent supposed information about high-profile 'clients' involved with the financier being made public. Mr Blanche said that no previous administration had made contact with Maxwell on behalf of the Department of Justice. 'That changes now,' he said. It comes after Alan Dershowitz, Epstein's former lawyer, described Maxwell as the 'Rosetta Stone' of the case. 'She knows everything. She is the Rosetta Stone. She knows everything. She arranged every single trip with everybody. She knows everything,' he told Fox News on Monday. He suggested she should be given legal immunity in exchange for talking freely about the case before Congress.
The Independent
21-07-2025
- Politics
- The Independent
MLK Jr.'s family issues a statement regarding the released documents by Trump administration
The administration of Donald Trump has released details of the FBI investigation into Martin Luther King Jr.'s killing, as part of a push to declassify records related to infamous assassinations. The King family maintains that James Earl Ray was not the shooter and will examine the newly released files for further insights. A 1999 wrongful death lawsuit brought by the King family concluded that King was the victim of a conspiracy involving Loyd Jowers and unnamed co-conspirators, including government agencies, and that Ray was set up. The Justice Department has stated that Jowers' allegations of a conspiracy are 'unworthy of belief' and likely fabricated. The King family also emphasized that the civil rights leader was subjected to a 'disinformation and surveillance campaign' orchestrated by the FBI's COINTELPRO program.
