Showing posts with label Federal Deposit Insurance Corporation (FDIC). Show all posts
Showing posts with label Federal Deposit Insurance Corporation (FDIC). Show all posts

Apr 17, 2025

ICE Cincinnati arrests federal employee for child sex crimes, believes there are more victims


ICE Cincinnati arrests federal employee for child sex crimes, believes there are more victims


'CINCINNATI — Special agents with U.S. Immigration and Customs Enforcement have arrested...Jonathan Travis Mackey, 46, exploited victims both in person and online. Officials say he used two usernames: “john370000#0” and “johnm1861#0".

Officials say Mackey held a "position of public trust" as an employee of the Federal Deposit Insurance Corporation. ...'


Reference: www.wlwt.com
Tags: Child Sex Crimes arrest,


Mar 12, 2023

Wealthy Hit Hard | More than 85% of Silicon Valley's Bank's Deposits Were Not Insured. Here's What That Means for Customers


More than 85% of Silicon Valley's Bank's Deposits Were Not Insured. Here's What That Means for Customers


'the second largest bank failure in U.S. history after a rapid run on its deposits. Some $175 billion in customer accounts were taken over by the Federal Deposit Insurance Corporation (FDIC), which is now tasked with returning money to the bank’s customers. ...more than 85% of the bank’s deposits were uninsured, according to estimates in a recent regulatory filing. That’s because FDIC deposit insurance is meant for everyday bank customers and maxes out at $250,000. Many Silicon Valley startups had millions, or even hundreds of millions of dollars deposited at the bank...'


Reference: time.com
Tags: Federal Deposit Insurance Corporation (FDIC), Risky Investments, FDIC Protection Limit ($250,000),Woke Bank, ESG, Venture Capital Investing Risks,