DOJ’s Fraud Division, IRS, and IRS-CI Expose More than $490M in Tax Fraud in National Tax Enforcement Surge
WASHINGTON, DC – October 14, 2026 (STL.News) DOJ – The Justice Department’s National Fraud Enforcement Division (Fraud Division), along with the Internal Revenue Service Criminal Investigation Division, today announced a nationwide series of enforcement actions targeting tax fraud. Between early September and today, the National Fraud Enforcement Division’s Tax Section and U.S. Attorneys’ Offices across…
How Technology Is Changing the Way People Make Everyday Financial Decisions
October 14, 2026 (STL.News) To manage their finances better, people rely on technology for tasks such as managing accounts, tracking transactions, and investing money. While technology is changing how we manage our finances, consumers still need to understand the financial services they use and make the most of them. Access to financial information has become…
Oakland Man Admits Trafficking Minor for Sex
OAKLAND, CA – October 14, 2026 (STL.News) A 27-year-old California man has pleaded guilty to federal child sex trafficking charges after prosecutors said he used social media to establish contact with an underage girl, arranged for her to travel to meet him and subsequently exploited her for commercial sex in Oakland and San Francisco. Keynin…
Coastal Financial (CCB) Faces Investor Lawsuit
EVERETT, WA – October 14, 2026 (STL.News) Coastal Financial Corporation (NASDAQ: CCB) faces a federal securities class action lawsuit filed by Grant & Eisenhofer P.A. on behalf of Allegheny County Employees’ Retirement System after substantial credit-related losses triggered a dramatic decline in the company’s stock price. The lawsuit, filed October 2, 2026, in the U.S.…
Overseas Stocks Split as U.S. Inflation Surges
Business News | Global Market Report | Wednesday, October 14, 2026 ST. LOUIS, MO – October 14, 2026 (STL.News) Overseas Stocks – Overseas stock markets delivered mixed results Wednesday as Asian equities declined, European shares advanced on strong semiconductor earnings, and a hotter-than-expected U.S. inflation report intensified concerns about interest rates, energy prices, and the…
CVS to Pay $315 Million in Major Opioid Settlement
Federal prosecutors alleged that CVS ignored dangerous prescription patterns, understaffed pharmacies, and billed government healthcare programs for invalid controlled-substance prescriptions. PROVIDENCE, RI – October 14, 2026 (STL.News) CVS Pharmacy Inc. and related corporate entities have agreed to pay $315 million to resolve sweeping federal allegations that the nationwide pharmacy chain unlawfully dispensed opioids and other…
St. Louis Leaders Announce Civil Service Reform
ST. LOUIS, MO – October 13, 2026 (STL.News) St. Louis Mayor Cara Spencer and other city leaders announced legislation Tuesday intended to modernize the city’s civil service system, opening a new discussion about how municipal employees are hired, compensated, managed and protected under a government framework rooted in the city’s 1914 charter. The announcement, reported…
St. Louis Housing Bills Target $34.1M in Renovations
ST. LOUIS, MO – October 13, 2026 (STL.News) St. Louis – Housing Bills – St. Louis lawmakers are considering two affordable-housing redevelopment proposals totaling about $34.1 million that could preserve and rehabilitate 128 residential units across three city neighborhoods. The legislation would support renovations to 36 existing buildings in the Tiffany, St. Louis Place, and…
West Virginia Fraud Unit Exposes Public Corruption
CHARLESTON, W.VA – October 13, 2026 (STL.News) A special investigative unit in West Virginia has uncovered tens of millions of dollars in fraudulent government spending since 2018, and its investigations have led to arrests involving police officers, municipal leaders, school personnel, fire officials, and public health employees. The findings raise serious questions about financial oversight,…
Feds Tighten Pressure in Major Gambling Case
HAMMOND, IN – October 13, 2026 (STL.News) Federal prosecutors are intensifying their efforts to restrict the movements of two prominent defendants in a sweeping illegal gambling and extortion prosecution known as Operation Porterhouse Parlay, raising concerns about international travel, potential flight risks, and alleged connections extending from the Chicago area to Greece. The latest developments…