FBC Holdings Limited (FBC.zw) HY2015 Interim Report

Posted On Jul 12 2021 by

first_imgFBC Holdings Limited (FBC.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2015 interim results for the half year.For more information about FBC Holdings Limited (FBC.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the FBC Holdings Limited (FBC.zw) company page on AfricanFinancials.Document: FBC Holdings Limited (FBC.zw)  2015 interim results for the half year.Company ProfileFBC Holdings Limited (FBC Bank) is a financial institution in Zimbabwe providing financial products and solutions for retail, commercial and corporate banking; with a range of products and services extending from savings deposit accounts and micro-lending in the informal market to foreign market investment, mortgage financing, micro-lending, re-insurance, short-term insurance and stock-brokering services. Its re-insurance division underwrites classes of insurance for fire, engineering, motoring, marine and miscellaneous incidences. FBC Bank is a wholly-owned subsidiary of First Banking Corporation Holdings Limited which is a publicly-traded financial services company in Zimbabwe. FBC Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more


The easyJet share price: 3 reasons why I think it could be set to soar higher

Posted On Jul 5 2021 by

first_img Airline stocks haven’t performed well this year. This is unsurprising, given that the global pandemic has ground international travel to a halt. Without any customers to board the planes, revenue has dried up for airlines. Add onto this the fixed costs of running the company, such as staff wages and forward-bought oil, and there’s a clear problem. The easyJet (LSE: EZJ) share price is one such example in the industry. The problems mentioned above saw the share price fall below 500p briefly in March. When you consider the shares traded above 1,500p in February, this was a large slump.Forward thinkingSo why am I thinking that the easyJet share price could be primed for a move higher? The main reason behind this is that investors are forward thinking. I assume that the current share price (in part) reflects the expectations for the stock for the near future. When any news comes out, the share price moves not just on the impact of that news today, but what the news could mean for the company further down the line.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A good example of this can be seen from the easyJet share price in recent days. Yesterday, the firm announced that it was seeing a 200% increase in searches for flights. The share price rose after the announcement. This news won’t benefit easyJet right now, but it will be reflected in a rise in passenger  numbers when 2021 results are published. It will also likely see a more profitable 2021 on the back of this. As a result, the share price could continue to move higher should we see more news in the short term that mean positive long-term benefits for the company. An undervalued share priceThe easyJet share price has quite rightly been sold hard by investors this year. I already mentioned the key reasons for this. But with the share price still needing to rally 80% to get back to levels seen at the start of the year, the stock does look cheap. The business has announced it’s cutting staffing costs by 30% and ensuring that its liquidity is high. It had £2.3bn in cash at the end of the fiscal year at September 30. As tough as the pandemic has been for the firm (a pre-tax loss of £830m is expected for this year), it’s doing all the right things to come out on the other side in a better place. Investors could start to appreciate that the business is unlikely to go bust. This should see the share price move higher as uncertainty about the business’s survival diminishes.Finally, the last reason I think the easyJet share price has good potential is simply the fact that the world is looking to be in a better place to tackle the virus. I’ve written how the positive vaccine news recently is providing a boost to stocks. The airline sector will be one of the largest beneficiaries of a vaccine rollout. It will enable consumers to travel with confidence, and open up borders, allowing easyJet to increase flights and capacity. This may need to wait until next summer, but when it comes, the easyJet share price should rally, so it’s on my watch list. “This Stock Could Be Like Buying Amazon in 1997” jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img Image source: Getty Images. Simply click below to discover how you can take advantage of this. Jonathan Smith | Friday, 27th November, 2020 | More on: EZJ Enter Your Email Address The easyJet share price: 3 reasons why I think it could be set to soar higher See all posts by Jonathan Smithlast_img read more


Gift Aid for charity shops sales “is possible”

Posted On Jun 16 2021 by

first_img Gift Aid expert Barry Gower of GAIN says that he has come up with a way of claiming Gift Aid on sales in charity shops.Charities are missing out on significant Gift Aid income from sales in charity shops, according to Barry Gower, who says his company can provide an approved method of redressing this.Given that the total turnover from charity shops is nearly £500 million, it makes sense to convert as much of this as possible to Gift Aided income. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Trading Howard Lake | 30 July 2005 | News Gift Aid for charity shops sales “is possible”center_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Charities Aid Foundation research director Cathy Pharoah commented in Third Sector on 29 June that, while another 30% of charity income could be converted to Gift Aid, “the remaining 40 per cent, which mainly comes from cash pledges such as tin collections and purchases in charity shops, is much trickier to convert.”So how is it possible to collect Gift Aid from charity shops’ income? Barry Gower told UK Fundraising: “The answer lies in the fact that charity shops are not ‘shops’ in the true sense of the word. Rather they are vehicles for converting gifts-in-kind into cash.”As such, “there is no real sale for profit in the general sense of the word”. Sometimes charity shops take the goods, such as clothing and blankets, and pass them directly to the charity’s beneficiaries.In other cases, the donated goods are processed into other products, such as sub-standard clothing being converted into insulation or other material.Charities using the eBay approach of selling goods online can also maximise their Gift Aid income, adds Gower.According to Gower, the eBay approach “is quite an involved process which requires that the goods are a minimum value, usually around £30.00, the goods must be transported to a central location, and if not sold, taken back to the charity shop.” After fees, VAT and eBay’s commission have been taken into account, Gower estimates that the charity shops nets only about 57% of the value that the item sold for on eBay.When this is donated to the charity, it can claim the additional Gift Aid of 28%, bringing the net value to the charity to around 73%.Gower says that GAIN , the Gift Aid Recovery Consultancy, has come up with a way of claiming Gift Aid on charity shop sales “which requires a minimum amount of effort”. All of the Gift Aid recovery processing is undertaken by GAIN, “with no input or additional work required by the staff.”Gower told UK Fundraising that “Our scheme complies with all the Inland Revenue’s requirements for claiming of Gift Aid which means that unfortunate claw-backs that some charities have experience can be avoided.”  24 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more


Mass organizing to win revolutionary socialism — WW commentary

Posted On Jun 15 2021 by

first_imgRevolutionary change is coming. As the ravenous capitalist class continues their ruthless plundering of labor value from working people, societal contradictions race toward a breaking point.The younger generation in particular is being driven into intolerable economic insecurity. People of color, always a target of ruling class oppression, are increasingly terrorized and brutalized by law enforcement at the border and in the inner cities. Those who have struggled against gender violence, including trans violence, have endured a withering backlash from reactionaries waging legal battles against bodily autonomy in the courts.Makasi Motema speaks at a NYC rally against pro-fascist coup in Bolivia, Nov. 16, 2019.But all oppression breeds resistance. Over the last decade, political mobilizations have surged in a way not seen in generations. The working class is determined to fight. Nothing less than the fate of the biosphere hangs in the balance of our current class struggle. The oppressed masses of this country and the world have made clear that should defeat be their fate, they will not endure it quietly. Ours is a fight for survival, and we shall not back down.Given the pivotal nature of the current period, what is the role of a Marxist-Leninist party? Has the time finally come for a political vanguard to step forward and lead the masses into struggle against our capitalist masters? If the time is not now, then when?For a communist party, correctly diagnosing the current political conditions and the changing character of those conditions is of the utmost importance. The political consciousness of the masses has accelerated dramatically in the past ten years, and such an acceleration calls for an equally dramatic adaptation in strategy.From the fall of the Soviet Union in 1991, to the start of the Occupy movement in 2011, socialism in all its various incarnations was in decline. The expansion of communist parties and the political organization of the masses were stifled by a Western anticommunist consensus. The neoliberal elite gloated that we had reached “the end of history,” insinuating in Marxist terms that the class struggle had finally come to an end — with capitalists the victor.Those communist and left-wing organizations of the period that were prudent understood the importance of survival. In such a hostile political environment, what was of utmost importance was maintaining ideological integrity and continuing a tradition of principled political agitation. To take the offensive when you are weak and your opponent is strong is to court disaster. But there is a vital corollary to that rule: If you fail to seize an opportunity once it materializes, you plant the seeds of your own destruction.The explosion of social movements in the last decade presents a tremendous opportunity. The ruling class has shown its weaknesses and the working class is growing in strength. The time for strategic defense has come to a close. The working-class masses, and those who would seek to organize them, must take up the offense. That is the role of the vanguard party.The stateThe belief that capitalism is irredeemable and socialism is our only solution is spreading widely.But the means by which the capitalist ruling class should be hurled from power is hotly debated. In a period of ideological disharmony, the voice of Marxist-Leninists should ring out as clearly as a bell when it denounces and rejects right-wing opportunism.The current farcical election process is all the evidence we need to support our analysis of the state. Bernie Sanders, the democratic-socialist (who sounds so eerily like a social-democrat), in his attempt to secure modest-  though-life-saving reforms to our health care industry, has triggered an all-out effort on the part of the Democratic National Committee to stop his nomination. The Wall Street paymasters who deliver the DNC’s marching orders have demanded that the party rally around a more pliant servant of the ruling class.Socialism can never be achieved through a political process which is funded and controlled by the capitalist ruling class. To imagine any outcome but the resounding defeat of the working class in such a tightly controlled process is to engage in an exercise in self-delusion. The management of our society by the ruling class, which capitalists mockingly call a “democracy,” is nothing more and nothing less than a means of legitimizing the dictatorship of the wealthy. We need not help the ruling class gild their bloody crown.Our energy is better spent elsewhere. The road to socialism lies through the masses. It is only through the organization of the masses into a political base that a socialist revolution can be won. This organizational process requires a vanguard party to set it in motion and maintain its momentum.The development of the masses into a well-structured political body which increases in power until it is strong enough to challenge the capitalist state is the engine which has driven every successful socialist revolution. It is how Lenin defined “dual power” — two competing power structures — one controlled by the capitalists, the other driven by the masses competing for legitimacy and hegemony. This inherently unstable situation must result in revolutionary struggle and the decisive defeat of one party over the other. A failure to commit to this process is a failure to commit to our obligation as revolutionaries.During the period of socialist contraction (1991-2011), the political consciousness of the masses could not support the development and expansion of a mass base. But conditions have changed, and we must change with them. Protest action — political agitation to intervene in the political debate — is now, and always will be, a vital part of the communist struggle. But it is not enough. The soil of the masses has grown fertile, and we are obligated to dig our roots ever deeper.Bolivia and the Bolsheviks The history of socialist revolutions is the history of political base building. Prior to the October Revolution, it was the Bolsheviks who used workers’ councils to drive the radicalization of the Russian proletariat in a largely peasant-populated country. In factories all over Petrograd, workers organized into political bodies to debate and determine their political and economic fate. This went beyond unionizing. Workers’ councils, even without the sanction of the bourgeois government, decided matters of life and death, war and peace. They were a government and a state unto themselves — a workers’ state that fought for the interests of their class.This pattern held through the revolutions in China, Vietnam, Korea, Cuba and many other nations. The political bodies of the oppressed masses expanded to include peasant farmers, students and any other group exploited by capitalism. But the central principle — of the oppressed classes taking it upon themselves to build a state of and for the oppressed — remained unchanged.Even today, as a right-wing coup d’etat washes over Bolivia, there is massive resistance from the predominantly Indigenous supporters of the Movement Toward Socialism (MAS). How is it that impoverished people can survive against the withering and brutal violence of a racist coup regime? It is a direct result of the political organization of the masses. Evo Morales and the MAS party have built a solid political base. In the Chapare region of Bolivia, every neighborhood is organized into a union that is part of a larger network building up to the regional level.These unions plan infrastructure projects, resolve land disputes and develop political strategy. And when the coup swept through Bolivia, it was the neighborhood unions that surrounded police stations and routed the police, sending coup sympathizers into a headlong flight. The police have not returned, and union leaders say they may only return if they “get on their knees and ask for forgiveness.” (tinyurl.com/ssxk3vg)This is the power of a highly organized mass base. But this power can only be achieved if the long-term work of deep organizing is the fundamental objective. This type of base building is difficult and time consuming, but there is no other path to socialist revolution. To turn away from building a mass base is to concede victory to the ruling class.Building our baseThe project of building a mass political base in the U.S., where none currently exists, is daunting. But given the need and the rapidly accelerating class contradictions, the creation of such a mass movement is more likely than not. If Marxist-Leninists do not dive into this process, then our politics will not be represented. Our unique perspective — on the importance of anti-imperialism, the importance of connecting and supporting every struggle, the importance of international solidarity — is vital in combating the liberal strains in the left which seek to divide the working class or promote a chauvinist vision of socialism.In order to challenge the capitalist class, we must unite workers in the most vital economic sectors with those workers who are most oppressed. We must do this both to threaten the functioning of the capitalist economy and to show solidarity with the workers who are often the most radicalized.In their eagerness to exploit as many people as possible, the capitalists have given us an abundance of workers to unite with. Workers in shipping and transportation must be organized so that any general strike we launch will have teeth. To reach the bulk of workers, we must organize in the health care, education, retail, restaurant and manufacturing sectors. To target the largest sector of the economy, real estate development, tenants must be organized. And to reach the most oppressed, we must organize gig workers, migrant workers and sex workers.Uniting the working class will not be easy. But when faced with a seemingly insurmountable obstacle, the revolutionary always steps forward, never backward. Our knees may buckle under the heavy burden of our struggle, but this is a burden we may not shrug off. We must press on. Revolutionary determination will give us strength and our love of the people will set our direction. The challenge of organizing for a decade of revolutionary struggle stands before us. We have no choice but to accept.But this power can only be achieved if we commit to the long-term work of deep organizing.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more


More harassment of journalists, now outside the capital

Posted On Jun 12 2021 by

first_img BelarusEurope – Central Asia Organisation Two days before the Barysaw raid, KGB officials arrested Andrey Pachobut, a correspondent for the Polish daily Gazeta Wyborcza, outside his home in the western city of Hrodna, took him to the local political police headquarters and interrogated him about his alleged participation in the events of 19 December, which he covered for his newspaper.Pachobut said he regarded his brief arrest as an attempt to intimidate him. “I think this incident was entirely attributable to the fact that I am a journalist,” he told Reporters Without Borders. “Gazeta Wyborcza has published all my articles about Belarus since 19 December, often on the front page.”Gazeta Wyborcza has a significant impact on public opinion in Poland and elsewhere in Europe and the Belarusian authorities did not like its coverage of the way the 19 December protests were dispersed. Pachobut refused to answer questions from the KGB officers for three hours. One of them lost his patience and hit Pachobut three times on the head and once on the chest. Finally, Pachobut was given an official warning about his supposed participation in the protests. He filed a complaint the same day with a military prosecutor’s office and intends to bring a prosecution against his aggressor.The authorities have announced that 25 people are being formally investigated in connection with the protests. Five of them are presidential candidates: Ales Mikhalevich, Uladzimir Nikliaieu, Vital Rymashewski, Andrey Sannikaw et Mikalay Statkevich.As well as Khalip and Radzina, those facing prosecution include members of the Belarusian Association of Journalists (BAJ), a Reporters Without Borders partner organization. They are Pavel Sevyarynets, one of the leaders of the Christian Democratic Party; Syarhey Vaznyak, the editor of the weekly Tovarych; Alyaksandr Faduta, who like Vaznyak is a Niakliaieu supporter; and Zmitser Bandarenka, a member of Sannikaw’s campaign team. News News Help by sharing this information June 2, 2021 Find out more RSF at the Belarusian border: “The terrorist is the one who jails journalists and intimidates the public” Raids on news media are continuing in Belarus, now in the provinces, as the authorities try to regain control of coverage of unrest. Despite international appeals for the release of those arrested in the immediate aftermath of the 19 December presidential election, few have been freed and instead the harassment of civil society groups is continuing.Journalists are leading targets, especially when those suspected of possessing material about the protests on the evening of 19 December. At least two journalists – Irina Khalip, a reporter for the Moscow-based Novaya Gazeta, and Natalia Radzina, the editor of Charter 97, an opposition news website – are being prosecuted. They are facing sentences of between 3 and 15 years in prison.Reporters Without Borders reiterates its call for a common European position on the situation in Belarus and, if necessary, a return to sanctions targeting the country’s leaders. The European and Russian governments must demand the immediate release of all those still detained for their presumed participation in the demonstrations.Yesterday the police searched the independent weekly Borisovskyie Novosti in Barysaw, a town in the Minsk region, seizing all of its equipment: 13 computers, three fax machines, three cameras, computer monitors and keyboards. The police also raided editor Anatol Bukas’ home, confiscating his camera. As in most of the previous raids, the police showed a warrant that said they were participating in an investigation being conducted by the Committee for State Security (KGB) into the 19 December “riots” in the capital. May 27, 2021 Find out more News January 11, 2011 – Updated on January 20, 2016 More harassment of journalists, now outside the capital Follow the news on Belarus Russian media boss drops the pretence and defends Belarus crackdown RSF_en May 28, 2021 Find out more Receive email alerts News BelarusEurope – Central Asia “We welcome opening of criminal investigation in Lithuania in response to our complaint against Lukashenko” RSF says to go furtherlast_img read more


Casteist Remark Case: Rajasthan High Court Adjourns Hearing Of Salman Khan’s Plea To Quash FIRs

Posted On May 26 2021 by

first_imgNews UpdatesCasteist Remark Case: Rajasthan High Court Adjourns Hearing Of Salman Khan’s Plea To Quash FIRs Sparsh Upadhyay9 Dec 2020 9:26 AMShare This – xThe Rajasthan High Court on Wednesday (09th December) adjourned the hearing in the plea filed by Bollywood actor Salman Khan seeking quashing of FIRs filed against him for his alleged casteist remark against the Valmiki community. The bench of Justice Sandeep Mehta has listed the matter after eight weeks until a similar petition pending before the Supreme Court is…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Rajasthan High Court on Wednesday (09th December) adjourned the hearing in the plea filed by Bollywood actor Salman Khan seeking quashing of FIRs filed against him for his alleged casteist remark against the Valmiki community. The bench of Justice Sandeep Mehta has listed the matter after eight weeks until a similar petition pending before the Supreme Court is decided. It was submitted before the Court by the Counsel appearing for Salman Khan, Nishant Bora, that an identical controversy is pending before the Apex Court [Writ petition (Criminal) No.89/2018] and investigation of the FIRs impugned in these misc. petitions has also been stayed by the Supreme Court. The matter before the Court Salman Khan had moved the High Court in the year 2018 under Section 482 Cr.P.C. with a prayer for quashing FIR No.30/2018 of Police Station Nagori Gate, Jodhpur for the offences punishable under Sections 153-A, 292, 505, 120-B IPC read with Sections 3(1)(R), 3(1)(U) and 3(2)(va) of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989. Khan has been accused of humiliating the Valmiki community by using an offensive word to describe the community in a TV show with regard to the promotion of his film “Tiger Zinda Hai”. In this show, he was asked to give his opinion about his appearance in a dance sequence, to which he had used the word “bhangi” to describe his appearance. Khan’s petition in the SC states that the word was not aimed at or directed towards the Valmiki community and was merely used to describe his appearance in a dance sequence of the film. As reported by the PTI, talking about the hearing which took place today before the Rajasthan High Court, Khan’s Counsel said, “We had moved the high court with a prayer to quash these FIRs in Rajasthan. The court had allowed the petition and had stayed investigation into both these FIRs.” “The matter was listed for hearing today. We apprised the court that a similar petition is pending before the Supreme Court and prayed not to proceed with the hearing in the matter until the petition before the apex court is decided,” he said. Bora also informed that about half a dozen similar FIRs had been filed against Khan in the matter in different states, including Maharashtra, Gujarat, and Delhi, etc. and he had moved the Supreme Court with a prayer to quash these FIRs. Salman Khan had approached the Supreme Court It may be noted that the Supreme Court had, on 23rd April 2018, stayed “further proceedings, including investigation” in cases filed against him under the SC/ST Act in Rajasthan and three other states for alleged offensive remarks against the Valmiki community. A bench of Chief Justice Dipak Misra, Justices A M Khanwilkar, and D Y Chandrachud had also issued a notice to Rajasthan government on the plea for quashing of FIR.[Image Courtesy : India TV News] Case title – Salman Khan v. State And Anr [S.B. Criminal Misc(Pet.) No. 890/2018 & 639/2018] Click Here To Download OrderRead OrderNext Storylast_img read more


Stop and search border zone proposal criticised

Posted On May 25 2021 by

first_img Pinterest Google+ News, Sport and Obituaries on Monday May 24th Arranmore progress and potential flagged as population grows Twitter WhatsApp DL Debate – 24/05/21 Stop and search border zone proposal criticised Twitter WhatsApp Important message for people attending LUH’s INR clinic Facebookcenter_img Pinterest Homepage BannerNews Loganair’s new Derry – Liverpool air service takes off from CODA RELATED ARTICLESMORE FROM AUTHOR Facebook Proposed legislation which would create a one-mile border zone in Northern Ireland where members of the public would be stopped, searched and detained has been heavily criticised.If the Counter-Terrorism and Border Security Bill passes new powers will be given to police and customs and immigration officers along the border with some parts of Strabane, falling within the one-mile zone.West Tyrone MP, Órghlaith Begley says it would appear the British Government, who are guarantors of the Good Friday Agreement are preparing for a hard Brexit. Google+ By News Highland – August 14, 2018 Previous articlePSNI probe Ballymagroarty car damageNext articleSIPTU balloting members on industrial action at RAP factory, Gweedore News Highland Nine til Noon Show – Listen back to Monday’s Programmelast_img read more


Attorney for female GoFundMe suspect claims she, too, was duped

Posted On May 18 2021 by

first_imgABC News(NEW YORK) — The attorney for the female member of a New Jersey trio charged with launching a GoFundMe campaign that warmed the hearts of millions and generated more than $400,000 in donations for a seemingly selfless homeless military vet claimed in a new interview with ABC News that she herself was victimized by the other two men.Attorney James Gerrow acknowledged that his client, Kate McClure, was in on the initial plan to concoct a story about allegedly homeless veteran Johnny Bobbitt using his last $20 to help her out of a roadside jam when she ran out of gas but said she was only interested in creating the ruse for a brief time to help Bobbitt.“The story about the gas was what I refer to — and this is where the prosecutors and I have a disagreement — on Kate’s part. It was puffing, it was exaggeration trying to help this veteran.”Despite what Gerrow described as his client’s good intentions, he said the fund campaign “just took off.”‘A bit naive’Gerrow also claimed that his client was too trusting and unsophisticated to understand what was unfolding.“She’s a bit naive, and she’s come out of a troubled relationship … and now she was with D’Amico, who [is] 10 or 11 years her senior, and she was under his influence,” he said. “And all of this occurred because of her trust in D’Amico.” It wasn’t until McClure and her attorney’s second meeting with New Jersey prosecutors that he claims she pieced the entire scam together and realized that she had been duped.“At the second conference, the prosecutors were talking about evidence,” Gerrow said. “At that point in time, I turned to Kate and said, ‘Do you understand what they’re saying?’”“At that point, she became very emotional,” he said. “She was in tears, she was crying, visibly shaking because she realized what they were saying — and that is that she had been being used by D’Amico and by Bobbit. She had been set up.”An attorney for D’Amico and Bobbitt was not immediately available to respond to Gerrow’s claims on Friday night.On Thursday, Burlington County Prosecutor Scott Coffina said at a news conference that the entire story of Bobbitt using his last $20 after McClure ran out of gas was “predicated on a lie” designed to dupe thousands of people into contributing to the campaign.“Less than an hour after the GoFundMe campaign went live, McClure, in a text exchange with a friend, stated that the story about Bobbitt assisting her was fake.”In one of the texts read by Coffina, McClure allegedly wrote to a friend, “OK, so wait, the gas part is completely made up but the guy isn’t. I had to make something up to make people feel bad. So, shush about the made up stuff.”McClure, 28, D’Amico, 39, and Bobbitt, 34, were all charged with second-degree theft by deception and conspiracy to commit theft by deception. McClure and D’Amico voluntarily surrendered to authorities on Wednesday, and have since been released, Coffina said.If convicted, each of them faces five to 10 years in prison, prosecutors said.Gerrow said that despite her deception, McClure’s initial instinct was to help Bobbitt and that once the campaign reached a fever pitch in the media, she tried without success to end the ruse.“At $10,000, Kate tried to cut it off with GoFundMe, [but] they told her that couldn’t be done,” Gerrow said. “She also tried to cut it off again at $100,000 because she was very concerned about the amount of money that was coming into the fund.”A spokesperson for GoFundMe, which has cooperated in the investigation and has agreed to refund money to the 14,000 people who donated to Bobbitt, countered Gerrow’s claims.“Campaign organizers are in full control of their campaigns, including their ability to turn off donations,” spokesman Bobby Whithorne told ABC News late on Friday.In fact, on the couple’s GoFundMe page, McClure notes to supporters that “Johnny asked me to please stop accepting donations today. … He asked, instead of donating to his campaign, to maybe take a second to search for another worthy cause that, for whatever reason, hasn’t gotten the attention his has.”Yet, in a subsequent post, McClure acknowledged closing out the campaign, only to reopen it shortly afterward.“For the short time that we took it down, though, it is obvious that people still want to donate to his cause… You guys continue to amaze us.”Earlier this week, GoFundMe released a statement about the case.“While this type of behavior by an individual is extremely rare, it’s unacceptable and clearly it has consequences. Committing fraud, whether it takes place on or offline is against the law. We are fully cooperating and assisting law enforcement officials to recover every dollar withdrawn by Ms. McClure and Mr. D’Amico,” company officials said in a statement.‘They hit the casinos hard’Coffina said the suspected fraudsters might have gotten away with the scam had Bobbitt not filed a lawsuit against McClure and D’Amico in August, accusing them of withholding the funds from him.The money is all gone, most of it allegedly squandered by McClure and D’Amico on luxury handbags, a New Year’s trip to Las Vegas and a BMW; the couple also used the donated funds to pay back $9,000 they owed to relatives and “hit the casinos hard,” Coffina said. Bank records showed they withdrew more than $85,000 at or near casinos in Atlantic City, Philadelphia and Las Vegas, he said.They were ordered to appear in court on Christmas Eve.Bobbitt was arrested Wednesday night by the Philadelphia Police Department on charges of being a fugitive from justice, according to Philadelphia police. He is expected to be extradited to Burlington County to face charges related to the GoFundMe case.Reached Thursday, an attorney for McClure and D’Amico told ABC News, “We have no comment. Have a nice day.”Media blitzIn numerous media appearances, McClure claimed she was driving to meet a friend in September 2017 when she ran out of gas around midnight on the I-95 exit ramp near Philadelphia. Bobbitt, who was sleeping under a nearby overpass, came to her rescue, she would say. She claimed Bobbitt spent his last $20 to buy her gas.“I pulled over to the side of the road as far as I could and I was going to get out and walk to the nearest gas station because it was not that far away, and that’s when I met Johnny,” McClure said last November in a “Good Morning America” interview. “He walked up and he said, ‘Get back in the car. Lock the doors. I’ll be back.’ I was just like, ‘OK.’”She said Bobbitt used his panhandling money to get her out of the jam.“I almost couldn’t believe it,” McClure added. “I said, ‘Thank you… I swear, I’ll be back. I promise I’ll be back to give you [the] money back.’”Hoping to repay Bobbitt for the apparent generous act, McClure said she and D’Amico set up a GoFundMe online. The fund was launched on Nov. 10, 2017, just hours after D’Amico took a photo of McClure posing with Bobbitt near the I-95 exit ramp, Coffina said.“I just got her gas to help her get back on her way. I didn’t think anything about it. I wasn’t expecting anything in return,” Bobbitt told “Good Morning America.” “That’s how I got the money to start with — from other people. [I had to] return the favor. I can’t constantly take and not give back.”‘No Good Deed’Coffina said investigators believe McClure and D’Amico first met Bobbitt about a month before they launched the GoFundMe campaign near the Sugarhouse Casino in Philadelphia, close to the I-95 off-ramp where Bobbitt was living on the streets at the time.Asked who came up with the idea of the scam, Coffina noted a 2012 Facebook post written by Bobbitt that was “remarkably similar” to the narrative on the GoFundMe page.“He reported that he helped a woman who had both run out of gas and had a flat tire at a Walmart, spent his last supper money to get her on her way and fix her flat tire,” Coffina said. “I don’t think that’s a coincidence.”Among the few things about the story that’s true is that Bobbitt served in the Marine Corps and was homeless, Coffina said.Military records obtained by ABC News show that Bobbit served in the Marines as an ammunition technician from December 2002 to February 2004, and was awarded a National Defense Service Medal.“He deserves our appreciation for his willingness to serve our country as a United States Marine and he has our sympathy and concern for the homelessness that he’s experienced, as well as his publicized struggle with addiction,” Coffina said.“But it is imperative to keep in mind that he was fully complicit in the scheme to defraud contributors, promoting the campaign in multiple media appearances and posing with D’Amico and McClure for a Philadelphia Inquirer story in front of a gas station that he did not buy gas from.”In August, Bobbitt filed a lawsuit accusing McClure and D’Amico of committing fraud by taking more than half of the money they raised for themselves. His pro bono attorney alleged in court papers that the couple treated the donations like their “personal piggy bank to fund a lifestyle that they could not otherwise afford.”D’Amico and McClure denied the allegations.In September, the Burlington County Prosecutor’s Office launched a criminal investigation into the missing GoFundMe donations and raided the couple’s home, seizing a BMW and other belongings.Coffina said that even after burning through most of the money and getting sued by Bobbitt, D’Amico was allegedly thinking of ways to keep the scam going, including landing a book deal.“He was certain the payday from the book deal they were pursuing would dwarf the money from the GoFundMe campaign,” Coffina said. “A few months later, when the dispute with Bobbitt became public, D’Amico was not dissuaded. Instead, he pitched a title for the book that would encompass the controversy, ‘No Good Deed.’”Copyright © 2018, ABC Radio. All rights reserved.last_img read more


Major storm could bring flash flooding, mudslides to Southern California

Posted On May 18 2021 by

first_imgABC News(NEW YORK) — A major Pacific storm moving onshore in California on Saturday morning will bring numerous hazards, including a high risk for flash flooding along the Southern California coast.Heavy rain will move into parts of the Los Angeles and San Francisco metropolitan regions Saturday morning.Rainfall rates over 1 inch per hour are expected to move into Southern California early Saturday morning and last through much of the day. The intense rainfall rates could bring 3 to 6 inches of rain in Southern California, especially in Santa Barbara and Ventura counties.Given the widespread 1 to 3 inches of rain earlier this week in this region, there is a high risk of flash flooding Saturday in Southern California. Additionally, heavy rain could cause mudslides and debris flows, especially in the areas of burn scars.In addition to the rain, strong winds are expected, with 40 to 60 mph wind gusts expected in Los Angeles and San Francisco. In the higher elevations, gusts of 80 mph are possible. This wind could cause downed trees and power lines.A few more impulses will bring additional rain to the region through the weekend. Through Tuesday, 7 inches or more of rain is possible locally along the California coast and up to 10 feet of snow is possible in the Sierra Nevada Mountains.After a brutal week of cold weather, the Midwest will warm up significantly this weekend. Already on Saturday morning, temperatures are 10 to 30 degrees warmer than they were just 24 hours ago from Kansas to Michigan.Parts of the Midwest will see temperatures in the 30s and 40s, which is already feeling at least 40 to 60 degrees warmer than it was midweek in areas such as Chicago and Minneapolis.The mild air will get picked up by a system later in the weekend, and temperatures will be into the 40s to near 50 by Monday from Kansas City to Philadelphia, including Chicago and Detroit.By Tuesday, the warm air will reach the East Coast with temperatures in the upper 50s and possibly some low 60s in the major Northeast cities. That will be a nearly 50-degree warmup from temperatures Saturday morning in those locations. Additionally, it is looking like the Northeast will have sun most of Tuesday as well, making it the nicest and most comfortable day in weeks for the region.With this rapid warmup, there will be an increased risk of ice jams and therefore river flooding in the Midwest and Northeast.Copyright © 2019, ABC Radio. All rights reserved.last_img read more


Robert Fuller’s half-brother killed in police shooting, family says

Posted On May 18 2021 by

first_imgMCCAIG/iStockBy IVAN PEREIRA, ABC News(LOS ANGELES) — The family of Robert Fuller, the man who was found hanging in a California park last week, said police killed Fuller’s half-brother during a shootout after a traffic stop on Wednesday.Los Angeles County Sheriff’s Department deputies in Kern County shot and killed Terron Jammal Boone, according to Jamon Hicks, the attorney representing Fuller’s family. Authorities confirmed his identity Thursday evening. Fuller, 24, was found hanging from a tree in a Palmdale, California park on June 10, and although his death was initially declared a suicide, the FBI and Department of Justice are reviewing the investigations into his death.Hicks said the Fuller family is still trying to get all the information about Boone’s death.“At this time, until we receive all of the information, the family and their legal team doesn’t have any further comment on this incident,” he said in a statement.During a news conference Wednesday evening, Lt. Robert Westphal, a spokesman for the Los Angeles County Sheriff’s Department, said investigators were aware of a possible connection between the suspect who was shot by officers and Fuller, but said that the victim’s body was still pending an identification with the coroner.Westphal said detectives were investigating a suspect wanted for kidnap, spousal assault and assault with a deadly weapon. During the search, officers allegedly spotted the vehicle with the suspect and followed him.The officers executed a traffic stop, and the suspect allegedly opened his car door and began firing at the officers, Westphal said. Officers returned fire, hitting the suspect in his upper torso. He died at the scene.A woman in the driver’s seat of the stopped vehicle also was struck by a bullet and transported to a hospital, where she was last listed in stable condition, Westphal said.Westphal added the woman is not believed to have been a victim in the assault case.A 7-year-old girl was in the back seat of the car that was stopped but was unharmed during the incident, police said. The relationship between the man who was shot, the woman who was shot and the child isn’t clear.A handgun was recovered from the crime scene, and the investigation was ongoing, according to Westphal. Copyright © 2020, ABC Audio. All rights reserved.last_img read more