'The poorest president in the world'
President Jose Mujica says his wealth adds up to $322,883. Nearly a third of that is cash, kept in three bank accounts that Uruguay's leader didn't previously declare, according to The Associated Press. The AP reports Mujica's insistence on living simply has earned him the nickname "the poorest president in the... Read More
Radio station under fire for burning $5,000
A popular radio station in Canada is under fire — pun intended — for reducing $5,000 in cash to a pile of ashes on Friday as part of a publicity stunt, according to Yahoo Shine. The contest, “Bank It or Burn It,” run by 90.3 AMP Radio in Calgary, asked listeners to weigh in through social media on whether... Read More
Scammers pick the wrong guy for their fake tax return
Not even the nation’s top law-enforcement officer is safe from the growing number of fraudsters filing false tax returns based on stolen identities, according to Yahoo News. Two Georgia men filed a tax return with the name, birthday and social security number of Attorney General Eric Holder in hopes of getting his... Read More
Is there a 'Hipster Tax Crisis?'
In the latest effort to make filing taxes look cool, H&R Block has launched campaign targeting a critical demographic: US hipsters, according to The Guardian. Reminiscent of H&R Block’s 2012 campaign to pass and enact “the Stache Act” to create tax breaks to help pay for the grooming and upkeep of... Read More
Major bitcoin website vanishes amid turmoil
Questions swirled Tuesday about the future of embattled Bitcoin exchange Mt.Gox after reports that its chief executive had resigned from the board of a key advocacy group and its website has been disabled, according to USA TODAY. Mark Karpeles, chief executive officer of Mt.Gox, the Tokyo-based Bitcoin exchange that... Read More
Nickelodeon Star Drake Bell Reportedly Files Bankruptcy
Drake Bell, a huge Nickelodeon child actor who starred in "Drake & Josh," has filed for bankruptcy, according to TMZ.com. The 26-year-old actor just filed legal docs, claiming he's in the hole to the tune of $581,000. As for the breakdown, Bell lists the value of his house at $1.575 million. The bad news -- he's... Read More
PayPal President's credit card hacked for shopping spree
PayPal President David Marcus said on Monday that his credit card details were stolen and the information was used to finance a fraudulent spending spree, according to USA TODAY. Marcus said the card was probably "skimmed" at the hotel he was staying at, or at a merchant he visited, during a recent trip to the U.K.... Read More