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Superintendent Adrienne A. Harris of the New York State Department of Financial Services announced that Gemini Trust Company, LLC has committed to returning at least $1.1 billion to its Earn program customers through a bankruptcy proceeding. Gemini will also pay a $37 million penalty for compliance failures related to the program, which allowed customers to loan virtual currency to an unregulated third party. The company's failure to conduct due diligence on the third party led to significant financial harm for over 200,000 customers, and the Department's investigation also revealed unsafe and unsound practices within Gemini.
TGD Cuts, LLC is recalling certain fresh-cut fruit cup, clamshell, and tray products due to potential contamination with Salmonella. The products contain cantaloupe from TruFresh, which has been recalled for the same reason. The affected products were distributed in several states and should not be consumed. There have been no reported illnesses associated with the recalled products. Customers can contact TGD Cuts, LLC for more information and a full refund.
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American Foods Group, LLC is recalling approximately 58,281 pounds of ground beef products due to possible contamination with Shiga toxin-producing E. coli (STEC) O103. The products were produced on August 14, 2023, and were shipped to distributors in Georgia, Michigan, and Ohio. There have been no confirmed reports of adverse reactions, but consumers are advised to safely prepare their raw meat products and only consume ground beef that has been cooked to a temperature of 160°F. Customers who have purchased these products should not use them and should either throw them away or return them to the place of purchase.
Donald Trump's financial disclosures reveal significant discrepancies in the valuation of his assets. In April, Trump claimed that his private-jet LLC, TAG Air, was worth no more than $1,001. However, in a revised filing in July, he stated that TAG Air was valued between $5 million and $25 million. The drastic change in valuation remains unclear, but it may be related to ongoing litigation and the need for accurate information. Trump's financial disclosures also highlight his diverse range of assets, including investments, physical gold bars, Ethereum cryptocurrency, and trademarks registered in various countries. The fluctuating valuations raise questions about transparency and the true extent of Trump's wealth.
Donald Trump's financial disclosures reveal significant discrepancies in the valuation of his assets. In April, Trump claimed that his private-jet LLC, TAG Air, was worth no more than $1,001, but in a revised filing in July, he valued it between $5 million and $25 million. Similar discrepancies were found in the valuations of other Trump entities. The fluctuating values of his assets have raised questions about his financial transparency and potential fraud. Critics argue that the changing valuations may be an attempt to provide accurate information due to ongoing litigation and discovery processes.
Custom Made Meals, LLC is recalling approximately 1,345 pounds of bacon wrapped jalapeno product due to misbranding and undeclared allergen. The product contains milk, a known allergen, which is not declared on the label. The affected product was produced with the incorrect label on August 30, 2023, and was shipped to retail locations in several states. There have been no reports of adverse reactions, but consumers are urged not to consume the product and to either throw it away or return it to the place of purchase.