News Articles

Excerpts of Key News Articles in Major Media

Below are key excerpts of little-known, yet highly revealing news articles from the media. Links are provided to the full news articles for verification. If any link fails to function, read this webpage. These articles are listed by order of importance. You can also explore these articles listed by order of the date of the news article or by the date posted. By choosing to educate ourselves, we can build a brighter future.

Note: Explore our full index to revealing excerpts of key major media news articles on dozens of engaging topics. And read excerpts from 20 of the most revealing news articles ever published.

A nursing home accused of illegally "dumping" patients onto city streets and into ill-equipped homes in order to take in more lucrative COVID-19 patients will nearly double its nursing staff, allow increased oversight and pay $275,000 in penalties and costs to settle a lawsuit brought by the Los Angeles city attorney's office. City Attorney Mike Feuer on Monday announced the legal agreement with the Lakeview Terrace skilled nursing facility, which he had accused of "sustained" and "intentional" misconduct in failing to adequately tend to some patients, while pushing others out of the 99-bed home. The city alleged in its lawsuit that the facility west of downtown had an incentive to discharge long-term residents in order to make room for COVID-19 patients, who brought Lakeview Terrace much higher reimbursement payments from Medicare. In one instance, the lawsuit said, an 88-year-old man with dementia was transferred from the nursing home in the Westlake neighborhood to a boarding house in Van Nuys, only to be found a day later wandering the streets, profoundly confused. Health care experts have warned that the money skilled nursing facilities are paid under a plan by the federal government to care for people stricken by the coronavirus would lead to patient-dumping by unscrupulous operators. The reimbursement plan pays more than four times more for COVID-19 patients than homes can charge for long-term residents with relatively mild conditions.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Bitcoin usage in emerging markets is increasing rapidly. And while it's true that Bitcoin can be a better alternative for unbanked peoples who don't have the means, access, or even the basic proof of identity to open a bank account, it turns out its biggest benefit today for many people is that Bitcoin is censorship-resistant. In other words, government cannot throttle, control or monitor your behavior as they can in the legacy financial world. In 2020, protests against the government erupted in Lagos and across Nigeria because of the brutal and illegal actions of a unit in the police force. Within days, groups supporting the protesters had their bank accounts frozen. With no other option, they turned to Bitcoin, raising funds that sustained the movement. Peer-to-peer Bitcoin transactions can be zero-fee, a big break from the much higher fees many in Africa are forced to pay for basic financial services, such as those for remittances, which are on average closer to 9%. Alex Gladstein, chief strategy officer for the Human Rights Foundation, has identified a number of other countries, including China, Russia, Belarus, and Myanmar, where the government uses the monetary and banking systems to silence dissidents. Recent deplatforming by big social media companies of certain groups and individuals ... has raised concerns about similar risks in financial services, where banks can limit access to bank accounts, credit cards, and so forth.

Note: Watch our latest video on the potential for blockchain to fix government waste and restore financial freedom. Explore more positive stories like this on technology for good.

Rep. Katie Porter on Friday published a damning report revealing the devastating effects of Big Pharma mergers and acquisitions on U.S. healthcare, and recommending steps Congress should take to enact "comprehensive, urgent reform" of an integral part of a broken healthcare system. The report, entitled Killer Profits: How Big Pharma Takeovers Destroy Innovation and Harm Patients, begins by noting that "in just 10 years, the number of large, international pharmaceutical companies decreased six-fold, from 60 to only 10." While pharmaceutical executives often attempt to portray such consolidation as a means to increase operational efficiency, the report states that "digging a level deeper 'exposes a troubling industry-wide trend of billions of dollars of corporate resources going toward acquiring other pharmaceutical corporations with patent-protected blockbuster drugs instead of putting those resources toward' discovery of new drugs." Big pharmaceutical companies are not responsible for most major breakthroughs. Rather, innovation is driven in small firms, which are often spun off of taxpayer-funded academic research. These small labs are then purchased by giant firms. Instead of producing lifesaving drugs for diseases with few or no cures, large pharmaceutical companies often focus on small, incremental changes to existing drugs in order to kill off generic threats to their government-granted monopoly patents. Mergers in the pharmaceutical industry have had an overall negative effect on innovation.

Note: The major media, sponsored largely by Big Pharma, completely failed to report on this important study. For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

Genius" dogs learn new words after hearing them just four times, a study has found - making them as quick as three year olds. Dogs which have a special talent for remembering verbal cues can rapidly expand their vocabulary simply by playing with their owners, according to the research. Whisky, a four-year-old female Border Collie from Norway, and Vicky Nina, a nine-year-old female Yorkshire terrier from Brazil, were able to fetch the correct toy after being exposed to the object and its name just four times, despite not receiving any formal training. Scientists say these highly intuitive dogs are therefore able to learn new words at the same speed as toddlers aged two and three. To test whether most dogs would be as successful as Whisky and Vicky Nina at learning new words, 20 others were tested in the same way - but none showed any evidence of understanding the new toy names. This confirms that only very few dogs which are especially gifted are able to learn words quickly in the absence of formal training, the scientists concluded. However, the study did reveal that Whisky and Vicky Nina's memory of the new toy names decayed over time due to them only hearing the names a few times.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

The first-ever treaty to ban nuclear weapons entered into force on Friday, hailed as a historic step to rid the world of its deadliest weapons but strongly opposed by the world's nuclear-armed nations. The Treaty on the Prohibition of Nuclear Weapons is now part of international law, culminating a decades-long campaign aimed at preventing a repetition of the U.S. atomic bombings of Hiroshima and Nagasaki at the end of World War II. But getting all nations to ratify the treaty requiring them to never own such weapons seems daunting, if not impossible, in the current global climate. When the treaty was approved by the U.N. General Assembly in July 2017, more than 120 approved it. But none of the nine countries known or believed to possess nuclear weapons – the United States, Russia, Britain, China, France, India, Pakistan, North Korea and Israel – supported it and neither did the 30-nation NATO alliance. Nonetheless, Beatrice Fihn, executive director of the International Campaign to Abolish Nuclear Weapons, the 2017 Nobel Peace Prize-winning coalition whose work helped spearhead the treaty, called it "a really big day for international law, for the United Nations and for survivors of Hiroshima and Nagasaki." As of Thursday, Fihn told The Associated Press that 61 countries had ratified the treaty ... and "from Friday, nuclear weapons will be banned by international law" in all those countries.

Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

Health authorities in Norway sought to allay safety concerns raised by the death of some elderly patients after they were vaccinated against Covid-19, saying there's no evidence of a direct link. The initial reports from Norway raised alarm as the world looks for early signs of potential side effects from the vaccines. Although doctors say it's possible that vaccine side-effects could aggravate underlying illnesses, they were expecting nursing-home residents to die shortly after being vaccinated because deaths are more common among the frailest and sickest elderly patients. In Norway, 33 people aged 75 and over died following immunization, according to the [Norwegian Medicines Agency]'s latest figures. All were already seriously ill, it said. The Scandinavian country has already inoculated almost all of its nursing home population, with more than 48,000 people vaccinated. The reported fatalities are well under 1 out of 1,000 nursing-home patients to be vaccinated, [Steinar Madsen, medical director at the Norwegian Medicines Agency] said. The side effects of immunization can, in some cases, "tip the patients into a more serious course of the underlying disease," Madsen said. "We can't rule that out." Other countries, including Germany and Israel, have also reported deaths in people who recently were vaccinated. Until Friday, Norway had only used the vaccine provided by Pfizer Inc. and BioNTech SE. The companies are now working with the Nordic country to look into the deaths.

Note: For more details on these and other deaths from the vaccines, see this webpage. Are all these deaths shortly after vaccination simply coincidence? Read about many problems with these vaccines based on reports from reliable sources. For more, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources. Then explore the excellent, reliable resources provided in our Coronavirus Information Center.

Though most people who protect themselves with a coronavirus vaccine will never develop serious side effects, such rare cases are barred from federal court and instead steered to an obscure program with a record of seldom paying claims. The Countermeasures Injury Compensation Program, which was set up specifically to deal with vaccines under emergency authorization, has just four employees and few hallmarks of an ordinary court. Decisions are made in secret by government officials, claimants can't appeal to a judge and payments in most death cases are capped at $370,376. That stands in contrast to the much more established federal vaccine court, which decides cases of injury from most childhood vaccines and other common inoculations. George Washington University law professor Peter Meyers has followed the countermeasures program for years and bluntly calls it a "black hole," obtaining federal documents this summer showing it has paid fewer than 1 in 10 claims in its 15-year history. Experts are concerned that with the sheer volume of people expected to get coronavirus vaccines in the U.S. – more than 200 million – even a successful rollout with relatively few ill effects could be enough to swamp the program. What's more, such cases are complex and it's often hard to prove a direct link between claims of illness and a vaccine. The countermeasures program was created by a 2005 law. Under the program, drug makers can only be sued for "willful misconduct."

Note: For more along these lines, see concise summaries of deeply revealing news articles on coronavirus vaccines from reliable major media sources. Then explore the excellent, reliable resources provided in our Coronavirus Information Center.

The African clawed frog, Xenopus laevis, typically lives in the streams and ponds of sub-Saharan Africa. In January, researchers at the University of Vermont and Tufts University published a report that gave the amphibian a different lot in life. They harvested its embryonic skin and heart cells and reassembled the living matter into robotic devices – transforming Xenopus into xenobot. Xenobots are the first robots made completely of living materials. They're designed on a supercomputer running software that emulates natural selection: Algorithms determine possible effective tissue configurations for a xenobot to perform a specified task, such as moving through fluids or carrying a payload. The most promising designs are sculpted with tiny forceps and cauterizing irons, then set free in petri dishes, where the specks of amphibian flesh live for about a week before decomposing. There are no electronics involved. Behaviors are programmed entirely through the structural arrangement of the pulsating heart cells held in a matrix of rigid skin cells. Although xenobots can't yet do much more than crawl or swim, the researchers see great potential for them to aid in fields like medicine and environmental remediation. In the future, xenobots could be engineered to deliver drugs through the human body or to gather up microplastics in oceans, politely biodegrading when the job is done.

Note: Is humanity mature enough to be playing with life like this? For more along these lines, see concise summaries of deeply revealing news articles on corruption in science from reliable major media sources.

Electric cars are, in just about every quantifiable way, superior to gasoline vehicles. They accelerate with the speed of exotic supercars. They can run off clean, green power. And with fewer moving parts, electric cars are remarkably durable, with low maintenance costs. However, you still have to charge them. But what if you didn't need to plug in at all? That's the promise of the Aptera EV. It's a three-wheeled, two-passenger "Never Charge Vehicle" priced from $25,900 to $46,000. The car is available to preorder now for $100 down and is expected to ship in 2021. Instead of relying on electricity to charge, the vehicle can get substantial power via solar panels. And thanks to an extremely aerodynamic shape built out of strong, lightweight materials including carbon, Kevlar, and hemp, it needs less energy than competitors to drive, so the solar panels can generate meaningful miles on the road, whereas they barely move the needle on most electric cars. Aptera's newest vehicle can soak up 5 miles of charge every hour it's in bright sun, or about 40 miles of free range per day. With extra panels that can be attached to the hood and hatch during charging, that figure bumps to a full 64 miles of range per day. Given that the average person drives around 15 miles to work, the Aptera EV could be a viable commuter car for the week. The Aptera EV has some impressive overall performance stats, zooming from 0 to 60 in as few as 3.5 seconds, and featuring a fully charged range of up to 1,000 miles.

Note: Pre-orders on this breakthrough vehicle sold out in 24 hours. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.

The coronavirus was present in the U.S. weeks earlier than scientists and public health officials previously thought, and before cases in China were publicly identified, according to a new government study published Monday. The virus and the illness that it causes, COVID-19, were first identified in Wuhan, China, in December 2019, but it wasn't until about Jan. 20 that the first confirmed COVID-19 case, from a traveler returning from China, was found in the U.S. However, new findings published in the journal Clinical Infectious Diseases suggest that the coronavirus, known officially as SARS-CoV-2, had infected people in the U.S. even earlier. "SARS-CoV-2 infections may have been present in the U.S. in December 2019, earlier than previously recognized," the authors said. This discovery adds to evidence that the virus was quietly spreading around the world before health officials and the public were aware. It also shows the virus's presence in U.S. communities likely didn't start with the first case identified case in January. Researchers came to this conclusion after the U.S. Centers for Disease Control and Prevention analyzed blood donations collected by the American Red Cross. They found evidence of coronavirus antibodies in 106 out of 7,389 blood donations. The CDC analyzed the blood collected between Dec. 13 and Jan. 17. The presence of antibodies in a person's blood means they were exposed to a virus, in this case the coronavirus.

Note: Explore a revealing article questioning the origin and causes of the coronavirus. Explore serious research suggesting that the influenza pandemic of 1918-19 was not what you think. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Three women hired to work for the military's Sexual Assault Prevention and Response Program are speaking out, alleging improper investigations and retaliation firings despite the Pentagon spending tens of millions of dollars on prevention and pledging to tackle the systemic issue. Amy Braley Franck, Marianne Bustin and Lindsey Knapp were all hired to work for the program, which was established by the Pentagon 15 years ago to provide support and resources to survivors of sexual assault and rape. Their jobs involved advocating for victims and helping navigate the process of reporting incidents of assault. They spoke to CBS News as part of a year and a half-long investigation, in which nearly two dozen survivors spoke out about their assaults. Military commanders are required to refer reports of sexual assault to criminal investigators. However, Franck found evidence that commanders were investigating some cases themselves – violating the military's own code of justice. "I discovered written documentation of illegal investigations and victims languishing," she said. "People are afraid," Franck said. "I have young ladies and men say, 'The rape was bad, but I don't wanna go through this other thing because it's worse than the rape.'" "This other thing," she said, referred to "the retaliation, the treatment, the judgment." Last year, Franck was suspended from her position as a victim advocate the day after she contacted a commanding general about retaliation she was seeing in the Army.

Note: For more along these lines, see concise summaries of deeply revealing news articles on military corruption and sexual abuse scandals from reliable major media sources.

The Pentagon failed its comprehensive audit in fiscal 2020, the third year it has failed since the first audit was conducted in 2018, reflecting system and accounting problems across its vast bureaucracy that could persist until 2027, the department's comptroller said. "The process of getting to a clean opinion for federal agencies, it can take a long time," said Thomas Harker, who is also undersecretary of defense and chief financial officer. After the first audit of the Pentagon's nearly $3 trillion worth of assets in fiscal 2018, then-Acting Secretary of Defense Patrick Shanahan said the department received an opinion of "disclaimer," a term used by auditors for findings that do not meet accounting standards. Harker said the Department of Homeland Security took a decade to pass a comprehensive audit, and the Pentagon could take just as long, making the possible date for its first clean audit somewhere around 2027. Coronavirus-related travel restrictions hampered the auditing process this year as auditors had to resort to video feeds or photographs to execute due diligence, Harker said. Around 1,400 auditors tested the systems and record-keeping processes on weapons systems, military personnel and property around the world in 100 site visits, 530 virtual visits and samples. The process resulted in 24 standalone audits, comprising the overall audit. Fees for the audit were $203 million this year.

Note: Every business in the U.S. is required to account for every dollar in their budget, yet the Pentagon cannot account for trillions of dollars in violation of the US Constitution Article I Section 9 Clause 7. For more along these lines, see concise summaries of deeply revealing news articles on military corruption from reliable major media sources.

As of Sunday, a total [of] 1,231 people in South Korea reported side effects after getting the flu shot this year, according to health authorities. Last week, the Korean Medical Association "recommended to withhold vaccination for one week," but clarified it was not suggesting vaccinations be stopped. Of the 59 people who died after receiving the flu vaccine this year (up from 48 on Saturday), 46 of those deaths were believed to have no connection to the flu shot. An investigation into the 13 remaining fatalities has been launched, the Korea Disease Control and Prevention Agency (KDCA) revealed. More than 9.4 million people in South Korea have received the flu shot so far since this year's vaccination program began in September. The KDCA noted the latest number of deaths following the flu vaccination is not greater than previous years. Last year, 1,531 people aged 65 years and older died within seven days after receiving a flu shot, according to the KDCA. President Moon noted Monday: "This year, it is necessary to expand flu vaccinations not only to prevent the flu, but also to prevent simultaneous infection and spread of the flu and coronavirus."

Note: How much can we trust authorities who are clearly biased towards promoting vaccines? For more along these lines, see concise summaries of deeply revealing news articles on vaccines from reliable major media sources.

Domestic violence homicides are on the rise in many cities around the country, according to preliminary data from local law enforcement. In at least two major counties, they have doubled – a reversal of multi-year declines. Experts attribute much of the alarming increase to the social and economic pressures of the coronavirus pandemic. Annual national data on domestic violence murders is not released until well into the following year, but violent crime and homicides have increased this year in cities from Milwaukee to New York, and some cities are already reporting spikes in domestic violence homicides. In Memphis, Milwaukee and Jefferson Parish, a New Orleans suburb, domestic violence homicides had equaled or surpassed last year's total by Oct.13, NBC News found. In Tarrant County, Texas ... they had more than doubled. In the Seattle area, there were 14 domestic violence homicides in 2020 through Oct. 8, equal to the combined total for 2018 and 2019, according to the King County District Attorney's office. All but one of the 2020 homicides occurred after the governor issued a Covid-19 state of emergency. Domestic violence lawyers and advocates in eight cities told NBC News that anecdotal information supports their belief that during lockdowns victims have had fewer opportunities to report abuse or seek help. The reports that do come in are more violent and dangerous. The very conditions that keep us safe in the public health pandemic are creating greater danger for victims of domestic violence.

Note: It is not the pandemic which is causing these homicides. It is the lockdown measures that are negatively impacting the emotional and spiritual lives of billions of people around the globe. For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus from reliable major media sources.

Animal agriculture industry groups defending factory farms engage in campaigns of surveillance, reputation destruction, and other forms of retaliation against industry critics and animal rights activists, documents obtained through a FOIA request from the U.S. Department of Agriculture reveal. That the USDA possesses these emails and other documents demonstrates the federal governments knowledge of, if not participation in, these industry campaigns. These documents detail ongoing monitoring of the social media of news outlets, including The Intercept, which report critically on factory farms. They reveal private surveillance activities aimed at animal rights groups and their members. They include discussions of how to create a climate of intimidation for activists who work against industry abuses, including by photographing the activists and publishing the photos online. And they describe a coordinated ostracization campaign that specifically targets veterinarians who criticize industry practices. One of the industry groups central to these activities is the Animal Agriculture Alliance, which represents factory farms and other animal agriculture companies. The group boasts that one of its prime functions is Monitoring Activism, by which they mean: We identify emerging threats and provide insightful resources on animal rights and other activist groups by attending their events, monitoring traditional and social media and engaging our national network.

Note: Watch an interview with Dr. Crystal Heath, a veterinarian targeted by Animal Agricultural Alliance for her activism against inhumane factory farming practices. For more along these lines, see concise summaries of deeply revealing news articles on food system corruption from reliable major media sources.

In 2017, newly published Land Registry data revealed 4 million km of networks and telecommunications lines underneath London, many of which were secretly constructed by the Post Office, British Telecom and the Ministry of Defence. These mysterious Cold War-era tunnel systems and underground chambers, which number in the hundreds, have been a source of fascination for decades. Yet, until recently, authorities remained conspicuously secretive about them, many owned by the Ministry of Defence and never publicly acknowledged. The most intriguing revelation was of the Postmaster General's secret tunnel beneath the heart of the government at 57 Whitehall. More than 30 gears and a dozen lifts – stretching from the working-class East End to the heart of Whitehall – connect the Postmaster General's tunnel to a secret underground network, which mostly emerges unobtrusively into government buildings and telephone exchanges. Further, a short distance from Whitehall, an A-bomb-proof telephone exchange deep underneath High Holborn street – originally built as a deep-level government air raid shelter in the early 1940s – was a top-secret hub of more than 200 engineers from the 1960s to the ‘80s. The two-tunnel shelter was extended by the addition of four tunnels at right angles to the originals to become the termination point of the first transatlantic telephone cable, and was spacious enough to boast a staff restaurant, tea bar, games room and licensed bar.

Note: A 1972 Los Alamos Scientific Laboratory patent describes a device for drilling underground tunnels using a small nuclear reactor. For more along these lines, see concise summaries of deeply revealing news articles from reliable major media sources.

When Encinitas, Calif., teenager Ariella Pacheco was a little girl, her parents let her choose from a catalog the American Girl doll that most appealed to her. She picked the one with the hair color and style that matched her own. But what about children with rare medical conditions who don’t look like anyone else, including the mass-produced dolls on store shelves? Pacheco wanted to give these children the same gift she got as a child. So, over the past several months, she has designed and sewn cloth dolls for four local youth. “I really value the beauty in the little things,” Pacheco said. “Each of these kids are so unique, so special. I hope through these dolls they can see themselves in a new light and really embrace their beauty.” She ... designed her own patterns and figured out how to re-create the children’s differences. It was important to her that the children recognize themselves in the dolls but that their differences not be the most noticeable feature. “I hope they’re really excited with them,” Pacheco said. “The whole time I was trying to put as much love into it as I could and hoped they represented each child faithfully.” The inspiration for the four dolls are Felix, a 6-year-old boy with a large scar on his head from surgery for a skull fracture; Andrea, a 2-year-old with a port-wine stain birthmark on her face; Valeria, a toddler with Apert syndrome, which causes skull deformities, misshapen eyes and fused fingers; and Zulema Gillett, [who has] Goldenhar syndrome, which caused her to be born with a cleft lip, misaligned jaw, and only one ear.

Note: Explore a treasure trove of concise summaries of incredibly inspiring disabled persons news articles which will inspire you to make a difference.

The nation's mental health is languishing, according to data reported this week as part of the US Centers for Disease Control and Prevention's Morbidity and Mortality Weekly Report. Suicidal ideation is up among young people since last year, with as many as one in four people ages 18 through 24 having seriously considered suicide in the 30 days preceding the survey. In the general US population, the CDC reported that 11% of adults surveyed had seriously considered suicide in the past 30 days before they completed the survey. Among those identifying as Black or Hispanic, the numbers were worse: 19% of Hispanics reported suicidal ideation and 15% of Blacks reported suicidal thoughts. The results reflect a nation increasingly on edge. The number of Americans reporting anxiety symptoms is three times the number at this same time last year, the CDC said. "Previous events have had a start, middle, an end," said Vaile Wright [with] the American Psychological Association. "People can't disconnect from this." Add on the pressures of the economy, the increased scrutiny on racial injustice and the looming specter of the presidential election, and it's hard for many to feel like things might turn out OK. The stress is disproportionately falling on the young. On an individual level, Wright noted that the main pillars of psychological health include eating healthy, staying active, getting enough sleep and maintaining social connections. But figuring out healthy ways to socialize virtually can require being intentional.

Note: For more along these lines, see concise summaries of deeply revealing news articles on the coronavirus and health from reliable major media sources.

OxyContin maker Purdue Pharma should not be able to make any more political contributions without a judge’s permission, lawyers for its creditors said in a court filing. The issue came up this week after it was reported that the company, which has a long history of influencing policymakers, made contributions to national associations representing state attorneys general and governors. The money was sent after Purdue entered bankruptcy protection last year in an effort to settle thousands of lawsuits accusing it of helping spark an opioid addiction and overdose epidemic that has contributed to more than 400,000 deaths in the U.S.. State attorneys general are among those trying to negotiate a nationwide settlement. The committee of creditors that asked for recipients to return the money to Purdue said the contributions represent a conflict. “The Political Contributions — $185,000 in donations to associations whose members include the very public servants with whom the Debtors are attempting to negotiate a consensual resolution of these cases — are precisely the sort of transaction that demand close scrutiny,” they said in a filing. In 2016, an investigation by The Associated Press and the Center for Public Integrity found that Purdue and other companies in the opioid industry, along with the advocacy groups largely funded by the industry, spent more than $880 million from 2006 through 2015 to influence state and local governments. Those efforts helped fight off restrictions on drug prescriptions.

Note: For more along these lines, see concise summaries of deeply revealing news articles on Big Pharma corruption from reliable major media sources.

Deutsche Bank (DBK.DE) has agreed to pay $150m (Ł119m) over compliance failings in part linked to dealings with Jeffrey Epstein. New York’s Department of Financial Services said in a statement on Tuesday it had imposed the penalty on Deutsche Bank’s New York branch for “significant compliance failures in connection with the Bank’s relationship with Jeffrey Epstein,” the accused child sex trafficker who died in police custody last year. The penalty also covers anti-money laundering failings linked to Danske Bank Estonia and Middle Eastern bank FBME. Epstein, who is believed to have been a billionaire, became a client of Deutsche Bank’s in 2013, five years after he pleaded guilty to procuring for prostitution a girl below age 18 in Florida. Despite coverage of the settlement and subsequent allegations against Epstein, investigators found Deutsche Bank failed to properly monitor his account. “Hundreds of transactions totalling millions of dollars” that raised red flags were missed, the New York Department of Financial Services said. These included payments to Epstein’s alleged co-conspirators, settlement payments with victims totalling $7m, payments to Russian models, payments for women’s school tuition and expenses, and payments to “numerous women with Eastern European surnames” that were “consistent with public allegations of prior wrongdoing.” Repeated “suspicious” cash withdrawals by Epstein — totally over $800,000 over four years — also failed to raise concerns.

Note: 60 Minutes Australia has produced an excellent segment on Jeffrey Epstein and his recently arrested sidekick Ghislaine Maxwell. How did Epstein get away with sexually abusing hundreds of teenage girls for decades? The government and multiple police departments knew what was happening, yet key officials in high positions of power protected him. For more along these lines, see concise summaries of deeply revealing news articles on Jeffrey Epstein and financial industry corruption from reliable major media sources.

Important Note: Explore our full index to revealing excerpts of key major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.