Maryland
7 Maryland billionaires that are on Forbes “400 Richest People In America” LIST
BALTIMORE, Md — Forbes has launched their checklist of “The 400 Richest Individuals In America” and 7 of them are from Maryland.
The proprietor of the Ravens-Stephen Bisciotti- and actual property developer – Ted Lerner (&Household)- tied on the checklist for 143rd place. Every of their web price is 6.4 billion {dollars}. Mitchell Rales is just not far behind the 2. He ranks quantity 158 on the checklist with a web price of 5.8 billion {dollars}. In keeping with the checklist, Rales’s supply of earnings is thru manufacturing and investments.
Commanders proprietor Dan Snyder made the checklist at quantity 211. He purchased the group again in 199-then beneath a special name- for 750 million {dollars}. To acquire the group he did must borrow $350 million. That will sound like some huge cash for one particular person to borrow however it was price it as a result of now the group alone is price 4.2 billion {dollars} and he’s price 4.9 billion {dollars}. 33 spots down the checklist is Jim Davis. Davis is available in 244th on the checklist which is101 spots down from his cousin Stephen Bisciotti. He cofounded Allegis Group with Bisciotti and like his cousin, he to is within the staffing an recruiting enterprise.
Chairman and CEO of Saul Facilities ranks 285 on the checklist with a web price of three.9 billion {dollars}. He makes his billions via banking and actual property. The final Marylander on the checklist is David Rubenstein. He ranks 332 on the checklist and has a web price of three.3 billion {dollars}. His declare to billions comes via the non-public fairness agency Carlyle Group which he cofounded in 1987.
Maryland
Maryland woman pleads guilty to embezzling $1 million, using funds for Taylor Swift tickets, luxury items
BALTIMORE — An Ellicott City woman pleaded guilty Thursday to embezzling more than $1 million from a real estate agency and using the funds to pay for vacations, Taylor Swift tickets and more, according to the Maryland U.S. Attorney’s Office.
According to her guilty plea, between January 2020 and November 2023, Jennifer Tinker, 41, defrauded the real estate agency that she worked for by transferring over $1 million of company funds to her personal bank accounts, officials said.
Tinker embezzled the funds from the agency’s escrow, operating and commission accounts through wire transfers and Zelle payments, according to court officials.
She hid the transfers by listing fake recipients on the wire transfer paperwork in an effort to make it look legitimate. She would then wire the stolen money to her personal account.
Court officials said between February 2021 and November 2023, Tinker wired money to her personal accounts more than 90 times. She also made fraudulent entries in her employer’s internal accounting records to cover her transfers.
According to court officials, Tinker used the stolen funds to pay for luxury items and vacations, along with Taylor Swift tickets and five different vehicles.
In 2023, tickets to see Taylor Swift in concert were notoriously expensive and hard for fans to get their hands on, with some reportedly paying upwards of 70 times face value.
Tinker faces a maximum of 20 years in prison for the federal wire fraud charges. She is scheduled for sentencing on April 10, 2024, court officials said.
Maryland
Frigid temperatures return this weekend to Maryland
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Maryland
Maryland correctional facility teaches inmates to bake
Deep within a Maryland prison, a group of inmates are choosing to rise above their pasts, transforming simple ingredients into sweet possibilities, and baking their way toward a future sprinkled with hope.
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