Earlier this month it was reported by Bossip that Russell Simmons was in a lot of hot water after his shady Rushcard company was stealing money from cardholders.
The hip hop mogul now says he’s ready to address the distressed card-holders according to The Wrap:
Russell Simmons says the technical issues plaguing his pre-paid debit RushCard are over. But the hip-hop mogul’s problems are just beginning.
“He should be very worried right now,” Joe Valenti, director of consumer finance at the Center for American Progress, told TheWrap. “Reputation is a hard thing to build, but easy to lose.”
Another expert said that Simmons had done a grave disservice to the African-American community who he was purporting to help.
“Russell Simmons has lied to the African-American community for years telling people that RushCard helps you build credit,” Ryan Mack, financial expert and contributor to Financial Juneteenth, a site dedicated to empowering the black community, told TheWrap. “This is a business of greed and exploitation of ignorance.”
Simmons continued his damage control blitz across social media this week, telling cardholders that the RushCard fiasco is fixed.
“We can announce today that all major functionality, including 2 day advance direct deposits and card-to-card transfers, is restored,” Simmons posted on Twitter, Instagram and the RushCard Facebook page Monday. Although he admitted people may have to wait until October 30 to access government benefits directly deposited into their RushCard accounts, including Social Security and veterans benefit payments.
Fresno Deputy Police Chief Keith Foster, 5 others arrested on drug charges.
Here’s another story spotted on Bossip.
Apparently ‘Chief Keef’ (the rapper) isn’t the only one allegedly “slanging them thangs” in them streets.
According news reports coming out of Fresno Cali, the Deputy of Police, who ironically shares the same moniker -different spelling, moonlights as a major drug dealer. Continue reading →
If you have be arrested for a crime, you are at the beginning of what could become a long journey through the criminal justice system. Although the process may vary somewhat from state to state, these are the steps that most criminal cases follow until the case is resolved.
Some cases end quickly with a guilty plea and paying a fine, while others can go on for decades through the appeals process. Continue reading →
The Justice Department last year announced it would selectively enforce federal marijuana laws in order to use “its limited investigative and prosecutorial resources to address the most significant threats in the most effective, consistent and rational way.” Like targeting FedEx for drug trafficking?
After a nine-year investigation, the U.S. Attorney for the Northern District of California last month indicted the package delivery company on 15 criminal counts for shipping prescription drugs from fly-by-night online pharmacies. FedEx is fighting the charges but could be dunned $1.6 billion if convicted.
Translation: FedEx employees should have connected the dots. But if it’s so easy, why didn’t the DEA do it? The truth is that unmasking the bad guys would have required an extensive metadata analysis of customer data that is not FedEx’s job.
The indictment also notes that FedEx workers visited the premises of the illegally operating fulfillment center Superior Drugs and observed its “operations, including the filling of orders for controlled substances.” But Superior’s operations wouldn’t look any different from a law-abiding online pharmacy. The only difference is that its orders would be based on invalid prescriptions.
The indictment also claims that FedEx knew it was dealing with shady operators because it placed all online pharmacies on restricted credit terms. Yet FedEx didn’t know who the bad guys were. That’s why FedEx imposed credit restrictions on all online pharmacies. Think about it: Would FedEx knowingly risk doing business with illegal operators that might not pay their bills?
FedEx has promised to cut off illegal operators if the government provides a list. To date, DEA hasn’t. Another alternative is to stop shipping all meds ordered on the Internet, but this would hurt law-abiding pharmacies and consumers. Meantime, online peddlers could continue to ship contraband via the U.S. Postal Service and UPS.
Speaking of which: UPS last year signed a “nonprosecution agreement” with the Justice Department to resolve a similar investigation. In addition to forking over $40 million, UPS agreed to beef up its “compliance policies.” This suggests Justice’s real aim is to coerce FedEx into doing DEA’s police work.
FedEx has a strong defense on the facts and on the law because the Controlled Substances Act protects “common contract carriers” that are “acting in the usual and lawful course of business” from criminal liability. This looks like a case of bad prosecutorial judgment trying to compensate for the government’s drug enforcement’s failures.
Wall Street Journal