Criminals are seizing on young people's Covid-related financial troubles to hire them to unwittingly launder money, experts say.
Banks said criminals posted fake job adverts on social media, targeting "generation Covid" struggling for work.
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Criminals want to move money through accounts to make it look less suspicious to banks. Money mules are given a cut for allowing their account to be used. Often they ask no questions over the source of the money.
Many things are taking place:
NY Elections Board Makes It Harder for Journalists to Follow the Money – Sludge
This story was published in partnership with New York Focus , an independent, investigative news site covering New York state and city politics. Sign up for their newsletter here .
The BOE website's functionality might seem an arcane issue. But watchdogs and journalists say that their ability to keep track of who bankrolls politicians—especially in a state that has had more corrupt officials than any other in recent years—helps guard New York’s democracy.
Money Matters: Taxation on Social Security
COLUMBIA, S.C. (WIS) - Social Security will be most people's biggest asset in retirement. As you get closer to retirement what can you expect and is Social Security income taxable? Josh Bradley of Capital City Financial Partners says yes.
Bradley says a lot of people don't realize Social Security is taxable, generally between zero and 85%.
Is it possible to avoid paying taxes on social security? The financial expert says there are some things you can do to keep a little more of your money.
How to Play the Among Us Money Mod | Screen Rant
When crewmates begin their tasks in Among Us with the Money Mod installed, they will find bundles of cash near most major locations on a map . These bundles are the only way for Impostors to earn money, as they cannot complete tasks. Regular crewmates earn money for completing tasks. In a long task that takes place in multiple locations, like Wires, they must complete all the steps in the task to earn their pay.
When a body is reported or an Emergency Meeting is called , crewmates use money to cast their votes. They can put money on another crewmate in increments of $5, and the crewmate with the most money on them at the end of the voting period will be ejected. Players can effectively vote as many times as they want and determine the fate of any crewmate, as long as they have enough funds.
Other things to check out:
How Much Money Would You Get From the Boosted Child Tax Credit?
The Ascent is reader-supported: we may earn a commission from offers on this page. It's how we make money. But our editorial integrity ensures our experts' opinions aren't influenced by compensation.
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The Child Tax Credit is getting a facelift -- and it could put more money in a lot of people's pockets.
President Biden's $1.9 trillion coronavirus aid package is getting closer to being signed into law. Once that happens, jobless workers collecting unemployment benefits will be in line for an extended $300 weekly boost, and stimulus checks worth $1,400 apiece will begin hitting Americans' bank accounts in short order.
COVID-19 relief bill: How much money you could be getting and when | WSET
The Many Ways Companies Waste Money With Technology Spending - WSJ
It happens for all sorts of reasons. Maybe they are chasing the latest shiny new thing. Or they misunderstand what consumers want. Or they build something new rather than buy off the shelf.
Whatever the reason, the likelihood of spending mistakes is greater than ever, as the pandemic has made companies scramble even faster for new tools, to accommodate people rushing to work from home. Worldwide IT spending is expected to reach $3.9 trillion this year, up 6% from last year, according to Gartner Inc., a research firm.
School Isn't Closed for Lack of Money - WSJ
The new Covid-19 relief plan, passed by the Senate over the weekend, includes $123 billion for K-12 public schools, supposedly to help them reopen. That's almost the amount the U.S. dedicated, in real terms, to the Marshall Plan to rebuild Europe after World War II. And it's on top of the mostly unspent $54 billion federal bailout for public schools from December and the $13 billion allocation from last spring.
Major teachers unions have claimed repeatedly that public schools need gobs of cash to reopen in person. American Federation of Teachers chief Randi Weingarten protests that "countless places lack the resources to implement the necessary safety provisions." But our new analysis suggests funding isn't the reason teachers unions are keeping schools shut.
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