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The Latest: Indictment says Avenatti stole millions

The Latest on new federal charges against attorney Michael Avenatti (all times local):

7:45 a.m.

The indictment filed against attorney Michael Avenatti alleges he stole millions of dollars from clients, didn't pay his taxes, committed bank fraud and lied in bankruptcy proceedings.

Avenatti was indicted late Wednesday on the charges following his arrest in New York last month for allegedly trying to shake down Nike for up to $25 million.

The attorney best known for representing porn actress Stormy Daniels in lawsuits against President Donald Trump said Thursday he will plead not guilty.

The new charges say he embezzled from a paraplegic man and four other clients and shuffled money between several accounts to deceive them.

The charges also say Avenatti pocketed payroll taxes from employees of the Tully's coffee chain that he owned.

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7:30 a.m.

Attorney Michael Avenatti says he will plead not guilty to a 36-count federal indictment filed against him in Southern California.

Avenatti tweeted Thursday that he intends to fight all of the charges and says he looks forward to the truth being known, as opposed to what he characterizes as a "one-sided version."

A statement from prosecutors to news outlets says details of the case will be released Thursday morning by U.S. Attorney Nick Hanna and the Internal Revenue Service in Los Angeles.

The new charges follow Avenatti's arrest in New York last month for allegedly trying to shake down Nike for up to $25 million and on two counts of wire and bank fraud from Southern California, where his firm is based.

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7:05 a.m.

Federal prosecutors say attorney Michael Avenatti has been charged in a 36-count federal indictment in Southern California.

A statement from prosecutors to news outlets says details of the case will be released Thursday morning by U.S. Attorney Nick Hanna and the Internal Revenue Service.

The new charges follow Avenatti's arrest in New York last month for allegedly trying to shake down Nike for up to $25 million and on two counts of wire and bank fraud from Southern California, where his firm is based.

The attorney is best known for representing porn actress Stormy Daniels in lawsuits against President Donald Trump. Avenatti has said he expects to be cleared.

Source: Fox News National

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Building containing school collapses in Nigeria’s Lagos

Rescue workers are seen at the site of a collapsed building containing a school in Nigeria's commercial capital of Lagos
Rescue workers are seen at the site of a collapsed building containing a school in Nigeria's commercial capital of Lagos, Nigeria March 13, 2019. REUTERS/Temilade Adelaja

March 13, 2019

By Nneka Chile

LAGOS (Reuters) – A building containing a school collapsed on Wednesday in Nigeria’s commercial capital Lagos, an emergency agency spokesman said.

There was no immediate information on any casualties, Ibrahim Farinloye, spokesman for the National Emergency Management Agency’s southwest region, said.

Nigeria is frequently hit by building collapses, with weak enforcement of regulations and poor construction materials often used. In 2016, more than 100 people were killed when a church came down in southeastern Nigeria.

In Lagos that same year, a five-story building still under construction collapsed, killing at least 30 people.

A floating school built to withstand storms and floods was also brought down in Lagos in 2016, though nobody was reported injured.

(Reporting by Nneka Chile in Lagos; Additional reporting by Paul Carsten and Camillus Eboh in Abuja; Editing by Catherine Evans)

Source: OANN

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IMF’s Lagarde says China’s Belt and Road should only go where sustainable

IMF Managing Director Christine Lagarde attends a thematic forum of the second Belt and Road Forum for international cooperation in Beijing
International Monetary Fund (IMF) Managing Director Christine Lagarde attends a thematic forum of the second Belt and Road Forum for international cooperation in Beijing, China, April 25, 2019. REUTERS/Jason Lee

April 26, 2019

BEIJING (Reuters) – China’s massive Belt and Road infrastructure program should only go where it is needed and where the debt it generates can be sustained, International Monetary Fund Managing Director Christine Lagarde said on Friday.

In brief remarks to nearly 40 world leaders and other high-ranking officials at China’s second Belt and Road summit in Beijing, Lagarde said the program to build ports, railroads and other trade-enhancing infrastructure was having a positive impact on growth in certain countries but needed to be managed carefully.

She called for a revamped “Belt and Road 2.0” to include increased transparency, an open procurement process with competitive bidding and better risk assessment in project selection.

“History has taught us that, if not managed carefully, infrastructure investments can lead to a problematic increase in debt,” Lagarde said in remarks prepared for delivery at the conference. “I have said before that, to be fully successful, the Belt and Road should only go where it is needed. I would add today that it should only go where it is sustainable, in all aspects.”

Lagarde said that Chinese authorities were taking positive steps with a new debt sustainability framework that will be utilized to evaluate projects.

The sustainability initiative was announced on Thursday as China seeks to allay concerns that the Belt and Road plan to boost trade links was saddling poor countries with debts they cannot repay.

She also applauded the launch of a green investment principle for Belt and Road projects at the Beijing conference, emphasizing low-carbon and climate resilient investments.

“Debt sustainability and green sustainability will strengthen BRI sustainability,” Lagarde said.

The IMF chief said the Belt and Road initiative was helping to stimulate infrastructure investment and developing new global supply chains. She cited a new manufacturing zone in Kazakhstan linked to Belt and Road and construction of a highway in Senegal linking three cities to the country’s main airport, which has helped underpin strong growth.

(Reporting by David Lawder in Washington; Editing by Richard Borsuk)

Source: OANN

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Japan’s Softbank to buy 5.6 percent of Wirecard for around $1 billion

FILE PHOTO: The SoftBank Group logo displayed at the SoftBank World 2017 conference in Tokyo
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato

April 24, 2019

BERLIN (Reuters) – Japan’s Softbank Group Corp will buy a 5.6 percent stake in German payments company Wirecard by acquiring convertible bonds worth around 900 million euros ($1.01 billion), Wirecard said in a statement on Wednesday.

Wirecard said it shall issue convertible bonds with a term of five years exclusively to Softbank, convertible to 6,923,076 million ordinary shares at 130 euros per Wirecard share.

(Reporting by Caroline Copley; Editing by Michelle Martin)

Source: OANN

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Syracuse restaurant slammed for ‘Robert Kraft’ sandwich: report

“Dinosaur Bar-B-Que” is facing backlash over a sandwich named after Robert Kraft, the New England Patriots owner who was arrested Friday in connection with a prostitution and human trafficking sting at a Florida massage parlor.

The Syracuse-based chain posted an image on its Facebook and Twitter page of a pulled pork sandwich, which was named after the 77-year-old.

“This week ONLY stop into the Syracuse Dinosaur to get a ‘Robert Kraft’ aka the Jerked and Pulled Chicken Sandwich,” the caption read.

NEW ENGLAND PATRIOTS OWNER ROBERT KRAFT FACES LEAGUE DISCIPLINE AFTER PROSTITUTE ALLEGATIONS

The post went viral and was quickly condemned for making light of Kraft’s alleged crime. Amid the backlash, the restaurant offered to donate a percentage of the proceeds to the “McMahon/Ryan Child Advocacy Center” – a nonprofit which “provides support and services to #abusedchildren” according to its Twitter page.

But the advocacy center turned down the restaurant’s offer on Monday stating: “We can not accept donations that contradict our mission.” The restaurant deleted the post and apologized in a statement that was reported by The Post-Standard.

“It was a joke that we didn’t completely think through. We apologize to anyone who was offended from the human trafficking aspect," the statement read.

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Kraft is one of hundreds of men charged in recent days as part of a crackdown on prostitution occurring in massage parlors between Palm Beach and Orlando. Ten spas have been closed.

Fox News' Nicole Darrah contributed to this report.

Source: Fox News National

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AP Interview: Thai PM hopeful wants constitutional changes

The leader of Thailand's oldest political party says if he becomes prime minister after Sunday's election, he'll make careful but forceful efforts to undo undemocratic constitutional clauses imposed by the military government that took power in 2014.

Abhisit Vejjajiva, head of the Democrat Party and a former prime minister, told The Associated Press in an interview Wednesday that the polls provide a chance for Thailand to get rid of its cycle of military intervention in politics and plan effectively for the future, as the country faces many challenges, including technological disruptions, an aging society and a high degree of inequality.

With Thailand still suffering from more than a decade of sometimes violent political upheaval, he said he believes he can best accomplish his goals by avoiding confrontations.

Source: Fox News World

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Seattle mayor signs Medicare-for-all resolution

As the national health care debate rages on, Seattle has decided to support Medicare-for-all.

Last month, Seattle Rep. Pramila Jayapal introduced a bill, the Medicare for All Act of 2019, that would transition Americans to single-payer government-paid health care but does not explain how the government will pay for the plan.

This week, Seattle Mayor Jenny Durkan signed a City Council resolution in support of Jayapal’s bill, making Seattle the first city to back a Medicare-for-all bill.

COST OF 'MEDICARE-FOR-ALL' HEALTH CARE PLAN IS 'A LITTLE SCARY,' DEMOCRATIC CAMPAIGN CHIEF SAYS

“The U.S. has among the worst health outcomes in the developed world despite spending roughly 19 percent of our nation’s gross domestic product (GDP) on health care,” Seattle Council Member M. Lorena González said in a statement. “A single-payer system would improve health outcomes while lowering the cost of medical care and insurance.”

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In the 2016 election, Sen. Bernie Sanders ran on universal health care and this election cycle many more Democrats, including Sen. Kamala Harris and Elizabeth Warren, are supporting the concept.

Jayapal’s would be the first Medicare-for-all bill to receive a hearing in Congress.

Source: Fox News Politics

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Extraordinary European Union leaders summit in Brussels
FILE PHOTO: Italian Prime Minister Giuseppe Conte arrives at an extraordinary European Union leaders summit to discuss Brexit, in Brussels, Belgium April 10, 2019. REUTERS/Yves Herman

April 26, 2019

(Reuters) – Italian Prime Minister Giuseppe Conte said on Friday he had assured China’s Huawei Technologies that it would not face discrimination in the rollout of Italy’s 5G telecoms network.

Conte was speaking on a visit to China where he said he met Huawei’s chief executive, Ren Zhengfei. The prime minister’s comments were carried in Italy by TV broadcaster Sky Italia.

“I told him that we have adopted some precautions, some measures to protect our interests that demand very high levels of security … not only from Huawei but any company entering into the 5G arena,” he said.

Huawei, the world’s biggest producer of telecoms equipment, is under intense scrutiny after the United States told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has categorically denied this.

(Writing by by Mark Bendeich; Editing by Angelo Amante)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – President Donald Trump on Friday was expected to announce his intention to revoke the United States’ status as a signatory of the Arms Trade Treaty, which was signed in 2013 by then-President Barack Obama but never ratified by Congress, two U.S. officials said.

Trump was expected to announce the decision in a speech in Indianapolis, to the National Rifle Association, the officials said. The NRA, a powerful gun lobby group, has long been opposed to the treaty, which was negotiated at the United Nations.

(Reporting By Steve Holland; Editing by Bill Trott)

Source: OANN

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A remote controlled robot for the 'Isotopium: Chernobyl' game is seen at the game's location in Brovary
A remote controlled robot for the ‘Isotopium: Chernobyl’ game is seen at the game’s location in Brovary, Ukraine April 25, 2019. REUTERS/Valentyn Ogirenko

April 26, 2019

By Margaryta Chornokondratenko

KIEV (Reuters) – A Ukrainian computer game that brings to life a town abandoned after the Chernobyl nuclear disaster may not sound like everyone’s idea of fun but has attracted 60,000 people globally since its launch in October.

Players of “Isotopium: Chernobyl” drive tanks around the ghost town of Prypyat near Chernobyl, knocking out competitors as they search for an energy source called isotopium and collecting points every time they find some.

While the game takes its theme from the nuclear disaster at Chernobyl in northern Ukraine, which marked its 33rd anniversary on Friday, it was also inspired by the 2009 science fiction film “Avatar”.

Newcomers to the game think they have entered a virtual world when in fact they are controlling a real robot, equipped with a camera and computer, which makes its way around a model of the town rendered down to the tiniest detail.

“When playing our game, for the first 5-10 minutes many players don’t understand that it is not fictional,” said the game’s co-founder Sergey Beskrestnov. “They message us saying: ‘You have cool texture, you have good graphics, your designer is good, well done. You have a cool operating system.’

“People then reply: ‘It is not an operating system, it is real,’ and the player can’t believe it is real,” said Beskrestnov, speaking mid-game from Prypyat city square as he towers over surrounding five-storey buildings.

Kiev-born Beskrestnov was just 12 years old when on April 26, 1986 a botched test at the nuclear plant in the then Soviet Union sent clouds of smoldering nuclear material across large swathes of Europe, forced over 50,000 people, including Beskrestnov’s family, to evacuate and poisoned unknown numbers of workers involved in its clean-up.

Beskrestnov and his partner Alexey Fateyev used Google maps and hundreds of pictures from the Chernobyl area to recreate Prypyat landmarks, including residential buildings, a hotel, concert hall, amusement park and a stadium.

The game’s real-scale model occupies a 180 square meter (1,938 sq. ft) basement of a residential building in the Ukraine city of Brovary, just 150 km (93 miles) from the Chernobyl Exclusion Zone and 30 km east of Kiev.

Miniature radioactivity warning signs, graffiti on the walls of abandoned buildings and tables and chairs left scattered inside a small cafe all add to the creepy atmosphere of a once lively town.

“It’s a really neat concept …,” Shaun Prescott wrote in a review of the game published by PC Gamer magazine in January. “Controlling the tanks is kinda cumbersome, but they are tanks, after all.”

An attentive player will notice at least one inaccuracy – the real Chernobyl nuclear power plant is not located in town as it is in the game.

It costs $9 to immerse in the atmosphere of a post-apocalyptic town for an hour but only 20 people at a time can play simultaneously. Beskrestnov’s company, Remote Games, said 62,615 people around the world have registered to play the game, including around 15,000 in France and 10,000 in the United States.

A camera fixed on top of a moving tank broadcasts high quality signal in real time, allowing players from as far apart as Australia and Canada enjoy the game without facing any time delay in delivering video signals.

Its creators next ambition is to devise a game featuring the colonization of Mars in which 1,000 people will be able to simultaneously control robots on different missions involved in the operation.

“Many people advise us to contact Elon Musk directly because it resonates his dreams and ideas,” Beskrestnov jokes.    

(Editing by Susan Fenton)

Source: OANN

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FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California
FILE PHOTO: A Starbucks sign is show on one of the companies stores in Los Angeles, California, U.S. October 19,2018. REUTERS/Mike Blake/File Photo

April 26, 2019

(Reuters) – Initial optimism over first-quarter results from Starbucks Corp was waning fast on Wall Street on Friday, as analysts questioned the longer-term prospects of its new sales push given subdued overall customer traffic numbers especially in China.

The company on Thursday beat brokerage estimates for quarterly same-store sales on the back of demand for its new Cloud Macchiato, Matcha tea and cold brews in the United States.

However, BTIG’s Peter Saleh was one of a number of sector analysts who said while customers forking out for higher-priced new drinks had helped drive growth in same-store sales, “anemic” traffic at cafes remained a concern.

He and others pointed to a 1 percent decline in footfall at cafes in the Chinese market, viewed as crucial to the chain’s growth for the foreseeable future.

More broadly, transaction numbers, the substitute analysts use for customer traffic, were unchanged in all three of the company’s global regions.

Shares in the company, which hit a record high after the results on Thursday, fell 1 percent in morning trade.

“We remain cautious given near-term headwinds surrounding China, including cannibalization, increasing competition (and) a slowing economy,” Wedbush analyst Nick Setyan said.

Starbucks has also poured money into beefing up its delivery network in China as it battles with local startup Luckin Coffee, whose speedy growth led it to file for an IPO in the United States earlier this week.

New menu items and partnerships with delivery services, the heart of the company’s strategy to win back customers lost to artisanal coffee shops and cheaper fast-food rivals, did help Starbucks’ sales in its home market.

However, analysts said growth in China may continue to be subdued.

Wells Fargo analyst Bonnie Herzog said she expects store expansion in China to take priority over comparable sales growth.

She downgraded her rating on Starbucks’ to “market perform” from “outperform”, arguing that the company facing tough sales comparisons later on in 2019 from last year and the current rich valuation of shares meant the stock had limited room to rise.

“Investors will be hesitant to invest new money in a stock with a topline that, while still strong, is unlikely to meaningfully accelerate,” Herzog said.

Still, the company’s solid same-store growth in the United States, improving profit margins and a lower tax rate for the rest of the year led at least 6 Wall Street brokerages to raise their price targets on the stock to as high as $81.

11 of 29 brokerages rate Starbucks “buy” or higher, 17 “hold” and 1 “sell” or lower. Their median price target is $75.

(Reporting by Uday Sampath in Bengaluru)

Source: OANN

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A man accused of fatally beating a 4-month-old boy after finding out the infant wasn’t his son had been previously deported from the United States five times, most recently in late 2016, immigration officials said.

Carlos Zuniga-Aviles, a 33-year-old Honduran national, has used multiple aliases, including the fake name of Jose Agurcia-Avila he gave police in Memphis, Tennessee, following his arrest in the boy’s death earlier this month, US Immigration and Customs Enforcement officials told WMC-TV.

ICE officials have since filed an immigration detainer against Zuniga-Aviles, who was initially deported back to Honduras in February 2010. He was also returned to the Central American country in 2011, 2012, 2015 and 2016.

CLICK HERE TO READ MORE FROM THE NEW YORK POST

“ICE will seek to take him into custody to reinstate his removal order following the resolution of the criminal charges he currently faces,” the statement reads. “Mr. Zuniga-Aviles has been removed from the US five prior times: his most recent removal by ICE to Honduras took place in December 2016.”

ILLEGAL IMMIGRANT WITH CRIMINAL HISTORY ARRESTED IN CALIFORNIA WOMAN’S MURDER

Zuniga-Aviles later returned to the U.S. following his removal, a felony under federal law, immigration officials said. It’s unclear exactly when he returned, but he was living with his girlfriend and the woman’s 4-month-old son in Memphis at the time of his arrest, WREG reports.

DAD OF MAN KILLED BY ILLEGAL IMMIGRANT BLASTS CALIFORNIA GOV. NEWSOM’S TRIP TO CENTRAL AMERICA: ‘IT’S DISGUSTING’

The infant, Alexander Lizondro-Chacon, was pronounced dead at a hospital from blunt force trauma to the head after his mother, Mercy Lizondro-Chacon, called police on April 12 to report that the boy was having trouble breathing, according to an affidavit of complaint obtained by the Commercial Appeal.

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This article originally appeared in the New York Post. For more from the Post, click here.

Source: Fox News National

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