Texas-based AriseBank billed itself as “the world’s first decentralized bank.” But the Houston Chronicle reports that federal law enforcement officials recently arrested the CEO of the Dallas firm, alleging that he was part of a cryptocurrency scheme that defrauded investors of more than $4 million.
Although the stock market is much more well known, forex (short for "foreign exchange") is a global market where the world's currencies are traded. Media reports say its average daily trading volume exceeds $5 trillion (more than 10 times as much as the average daily volume on the New York Stock Exchange).
Legal problems are piling up fast for a Texas family about six hours south of Houston. A McAllen doctor was arrested back in May on suspicions that he is part of a $240 million health care fraud and international money laundering scheme.
When rap star Tekashi 6ix9ine was arrested early this year in Houston’s Galleria mall, he was booked under his real name: Daniel Hernandez on a charge of misdemeanor assault. The Brooklyn rapper had reportedly demanded that a teenager erase a video from his phone and then allegedly choked the 16-year-old.
The pair of men were driving in eastern Harris County when a sheriff's deputy began following and watching them. According to an article in the Houston Chronicle, the men had exited Interstate 10 abruptly, and caught the officer's attention.
A Texas native was drafted by the NFL’s Buffalo Bills as a defensive end out of Baylor University back in 1976. Though Leslie Benson later wound up with the Dallas Cowboys, his pro football career was so unremarkable that the NFL's website says there are no career statistics for him.
A Texas newspaper recently ran an extensive article on a man the paper claims "has a taste for the finer things in life." One former friend says the man is "a con artist" who made off with $10,000.
A 43-year-old Texas man arrested last month after law enforcement officials seized nearly four pounds of methamphetamine has been indicted by federal grand jurors. The Lubbock resident has been indicted for possession with intent to distribute 500 grams or more of meth and possession of a firearm while committing a drug trafficking crime. He’s also accused of being a convicted felon in possession of a gun, according to a news report.
The Chronicle reports that the Houston police officers recently conducted a sting operation outside of a bank. The paper says that police used a bait car and a visible bag containing money in an attempt to ensnare people believed to be running a bank jugging scheme.
As a Houston Texan, Marlon McCree scored his first career touchdown on a 95-yard interception return against the Tennessee Titans. Perhaps the most memorable play in the safety’s long NFL career was as a San Diego Charger, when he intercepted New England quarterback Tom Brady in a 2006 playoff game. Unfortunately for McCree and the Chargers, he fumbled the ball and the Patriots recovered.