#seci
Meta Accused of Earning $16 Billion Annually from Scam Ads Despite Deleting 134 Million
Leaked internal documents have exposed a shocking revelation about Meta, suggesting the company earned an estimated $16 billion annually from scam and fraudulent advertisements across its platforms, including Facebook, Instagram, and WhatsApp. Despite publicly claiming to prioritize user safety and ad transparency, these documents show a deep conflict between Meta’s financial gains and its enforcement of ad integrity policies. According to the leaked materials reviewed by Reuters,
Meta Accused of Earning $16 Billion Annually from Scam Ads Despite Deleting 134 Million
Leaked internal documents have exposed a shocking revelation about Meta, suggesting the company earned an estimated $16 billion annually from scam and fraudulent advertisements across its platforms, including Facebook, Instagram, and WhatsApp. Despite publicly claiming to prioritize user safety and ad transparency, these documents show a deep conflict between Meta’s financial gains and its enforcement of ad integrity policies. According to the leaked materials reviewed by Reuters,
San Jose delays decision on reinstating police horse patrol until next year
San Jose police will have to wait at least another year before the city considers bringing back its horse mounted unit, a once iconic division that served the city for more than a century before being disbanded in 2018. The San Jose City Council voted 6-4-1 this week to defer the decision until next year’s budget cycle, citing the city’s projected $25 million deficit and competing priorities. The mounted u
San Jose delays decision on reinstating police horse patrol until next year
San Jose police will have to wait at least another year before the city considers bringing back its horse mounted unit, a once iconic division that served the city for more than a century before being disbanded in 2018. The San Jose City Council voted 6-4-1 this week to defer the decision until next year’s budget cycle, citing the city’s projected $25 million deficit and competing priorities. The mounted u
Anthony Tordillos sworn in as San Jose District 3 councilmember
San Jose’s newest elected representative has officially taken office, marking a new chapter for District 3 after a period of political turbulence. Anthony Tordillos was sworn in at the City Council meeting on Tuesday, joining his colleagues on the dais to the applause of supporters and community members. The moment marked the culmination of a fast-moving political journey for Tordillos, who previously served as chair of the city’s Planning Commission
Anthony Tordillos sworn in as San Jose District 3 councilmember
San Jose’s newest elected representative has officially taken office, marking a new chapter for District 3 after a period of political turbulence. Anthony Tordillos was sworn in at the City Council meeting on Tuesday, joining his colleagues on the dais to the applause of supporters and community members. The moment marked the culmination of a fast-moving political journey for Tordillos, who previously served as chair of the city’s Planning Commission
US SEC struggles to serve summons in Adani bribery case via Hague Convention
The United States Securities and Exchange Commission is facing delays in serving summons to Gautam Adani, Sagar Adani, and other defendants in a high-profile bribery and fraud case. In a status report filed in the Eastern District Court on August 11, the SEC stated that it had sought assistance from Indian authorities under the Hague Service Convention, but those authorities have not yet carried out the service. The summons is linked to a case filed on November
US SEC struggles to serve summons in Adani bribery case via Hague Convention
The United States Securities and Exchange Commission is facing delays in serving summons to Gautam Adani, Sagar Adani, and other defendants in a high-profile bribery and fraud case. In a status report filed in the Eastern District Court on August 11, the SEC stated that it had sought assistance from Indian authorities under the Hague Service Convention, but those authorities have not yet carried out the service. The summons is linked to a case filed on November
SECI Issues Show-Cause Notice to Reliance Power Over Fake Bank Guarantee
The Solar Energy Corporation of India (SECI) has issued a show-cause notice to Reliance Power Ltd. for allegedly submitting a fake bank guarantee in a recent tender bid. The bid, submitted by Reliance NU BESS, a subsidiary of Reliance Power, was for the establishment of a 1,000 MW/2,000 MWh energy storage system. SECI’s investigation revealed that the bank guarantee, purportedly issued by FirstRand Bank’s Manila branch, was fraudulent, as no such branch
SECI Issues Show-Cause Notice to Reliance Power Over Fake Bank Guarantee
The Solar Energy Corporation of India (SECI) has issued a show-cause notice to Reliance Power Ltd. for allegedly submitting a fake bank guarantee in a recent tender bid. The bid, submitted by Reliance NU BESS, a subsidiary of Reliance Power, was for the establishment of a 1,000 MW/2,000 MWh energy storage system. SECI’s investigation revealed that the bank guarantee, purportedly issued by FirstRand Bank’s Manila branch, was fraudulent, as no such branch
Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees
Solar Energy Corporation of India Ltd. (SECI) has debarred Reliance Power Ltd. and its subsidiary Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) from bidding in any future SECI tenders for the next three years. This decision comes after SECI discovered that the company had submitted fake bank guarantees during the bidding process for a 1 gigawatt solar power and 2 gigawatt battery energy storage system project. The Incident: Fake Bank Guarantees in SECI Tender
Reliance Power Barred from SECI Tenders for Three Years Over Fake Bank Guarantees
Solar Energy Corporation of India Ltd. (SECI) has debarred Reliance Power Ltd. and its subsidiary Reliance NU BESS Ltd. (formerly Maharashtra Energy Generation Ltd.) from bidding in any future SECI tenders for the next three years. This decision comes after SECI discovered that the company had submitted fake bank guarantees during the bidding process for a 1 gigawatt solar power and 2 gigawatt battery energy storage system project. The Incident: Fake Bank Guarantees in SECI Tender









