Federal authorities say tens of millions of federal dollars meant for child nutrition funds funded a fake St. Antony-based nonprofit called Feeding Our Future (FOF) that instead used the donations to buy numerous vehicles and 14 properties. “The companies and their owners received tens of millions of dollars in federal funds for use in providing…
Fed Terminates 2016 Enforcement Action Against Goldman Sachs for Confidential Data Misuse
WASHINGTON—The U.S. Federal Reserve announced Tuesday it had terminated a 2016 enforcement action against Goldman Sachs, which had been imposed over misuse of confidential data. The consent order, directed alongside a $36.3 million fine, required the bank to submit a plan to strengthen policies, after a former employee illegally obtained documents from a friend at…
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