Tag

Indian American Community

All articles tagged with #indian american community

politics1 year ago•5 min saved

"Nikki Haley's Exit and Trump's Future: South Asian American Concerns"

South Asian American voters express mixed feelings about Nikki Haley's exit from the presidential race, citing her flimsy connection to the Indian American community and misalignment with their priorities. While some hoped for her as a moderate alternative to Donald Trump, others felt she didn't represent their politics. Haley's failure to fully embrace her identity and the racist attacks she faced also contributed to the disconnect. Despite her departure, there is a growing desire for new South Asian voices in politics that better align with the community's values.

via NBC News|

#indian-american-community #nikki-haley #politics

fraudsecurities2 years ago•3 min saved

SEC Halts $130 Million Fraud Targeting Indian American Community

The Securities and Exchange Commission (SEC) has obtained emergency relief, including a temporary restraining order and asset freeze, to halt a fraud targeting the Indian American community. The fraud, allegedly conducted by Nanban Ventures LLC and its founders, has raised nearly $130 million since April 2021. The defendants are accused of overstating investment profitability, making fake profit distribution payments, and siphoning off millions of dollars for themselves. The SEC's complaint charges the defendants with violating antifraud provisions and seeks permanent injunctions, disgorgement of ill-gotten gains, and civil penalties. The investigation is ongoing.

via SEC.gov|

#fraud #fraudsecurities #indian-american-community

politics2 years ago•1 min saved

"Controversial Bill on Caste-Based Discrimination Sparks Debate in California"

Eminent Indian-American community leaders have urged California Governor Gavin Newsom not to sign a bill that seeks to include 'caste' as a protected category in California. They argue that the bill's vague definition and potential for frivolous lawsuits could lead to discrimination and problems in employment, promotions, and college admissions for the South Asian community. They believe that existing federal and state laws already protect against caste discrimination, making this proposed legislation unnecessary and potentially divisive. They call for a thorough study of caste discrimination in California before implementing any law.

via Deccan Herald|

#california #caste-based-discrimination #civil-rights