(NEW YORK) -- U.S. stocks rallied in early trading on Wednesday, one day after President Donald Trump said tariffs on China would âcome down substantially.â
Trump also appeared to soften previous attacks on the Federal Reserve, saying late Tuesday he has "no intention" of firing top central banker Jerome Powell.
The Dow Jones Industrial Average jumped 625 points, or 1.6%, while the S&P 500 climbed 2.5%. The tech-heavy Nasdaq increased 3.4%.
Shares of electric carmaker Tesla surged 6.5% in the first trading since CEO Elon Musk said his time devoted to the Department of Government Efficiency would "drop significantly" next month, paving the way for his return to the company. Still, Tesla shares have fallen by nearly half since a December peak.
Musk described his work at DOGE as necessary, but he said that "working for the government to get the financial house in order is mostly done."
The uptick also took hold at the other so-called "Magnificent Seven" tech giants, which drove much of the gains in the S&P 500 over recent years.
Facebook parent Meta climbed 5%, while chipmaker Nvidia also increased 5%.
Earlier this month, Trump hiked tariffs on Chinese goods to a total of 145%, prompting China to respond with 125% levies on U.S. products.
The tit-for-tat measures escalated a trade war between the worldâs two largest economies, but the White House this week appeared to signal a desire to ease the tensions.
Treasury Secretary Scott Bessent reportedly told a group of investors on Tuesday that "over the very near future, there will be a de-escalation" of the trade war with China. Bloomberg News first reported the remarks.
Bessent's comments, which came at a private JPMorgan event, sent stocks climbing on Tuesday afternoon. Trump echoed the sentiment hours later.
"145% is very high and it wonât be that high," Trump told reporters at the White House late Tuesday. "It wonât be anywhere near that high. Itâll come down substantially. But it wonât be zero."
This is a developing story. Please check back for updates.
LUFKIN – Our news partner, KETK, reports that the Lufkin Police Department has found the body of a man who was reported missing from his boat at Kurth Lake on Tuesday.
According to officials, the Angelina County Sheriffâs Office, Lufkin PD, divers with the Nacogdoches County Sheriffâs Office, the Lufkin Fire Department and the Texas Parks and Wildlife Game Wardens responded to reports of a man missing from his boat at around 1 p.m. The boat was found empty in a cove on Kurth Lake prompting first responders to deploy rescue boats and drones to search the water for anyone who had been on the boat.
Divers responded to Kurth Lake and a manâs body was found not too far away from where the boat was discovered, Lufkin Police said. Angelina County Precinct 4 Justice of the Peace Rodney Cheshire has ordered an autopsy.
TYLER – Dollar General recently announced that they donated more than 1.2 million pounds of food to the East Texas Food Bank in 2024, according to our news partner KETK.
On April 17, Dollar General said theyâve partnered with Texas Feeding America to donate 3.5 million pounds of food to 12 Texas food banks, including the East Texas Food Bank. Dollar Generalâs announcement comes after the East Texas Food Bank said theyâve lost over $850,000 worth of food from presidential cut backs.
âAt Dollar General, we understand the challenges our neighbors may face in accessing affordable, nutritious food to provide themselves and their families,â Dollar General vice president of corporate social responsibility and philanthropy Denine Torr said. âWith more than 47 million people in the U.S. currently facing hunger, we are committed to being a part of the solution through our partnership with the Feeding America network of partner food banks.â Continue reading Over 1 million pounds of food donated to the East Texas Food Bank
Karl-Josef Hildenbrand/picture alliance via Getty Images
(NEW YORK) -- Seniors lost $4.8 billion in 2024 to scammers, according to a report released Wednesday by the FBI.
In total, people in the United States lost $16.6 billion in 2024, representing a 33% increase in losses from 2023 to 2024.
"Every number in this report represents a real person, a victim whose trust was betrayed, whose financial security was compromised and whose voice deserves to be heard," Christopher Delzotto, the section chief of the FBI's Criminal Investigative Division, told reporters during a conference call.
Investment scams are when someone is tricked into investing in stocks, bonds, real estate or other assets with a return that is almost too good to be true, and losses among the public to scammers have increased over the past five years, according to statistics released in the report, with people losing $50.5 billion in total over that time frame.
The FBI receives an average of 836,000 reports of cyber fraud per year, according to the report. On average, people lost at least $20,000.
The FBI received 47,919 investment fraud complaints, and people lost almost $6 billion in 2024.
Those scammed lost $2 billion in business email compromise scams, which occurs when scammers pretend to be a supervisor or co-worker and ask for money or gift cards. Technology support scams, which happens when someone pretends a computer or other tech item has an issue, also netted more than $1 billion.
Toll scams, in which people get a text message that they have a toll bill outstanding, led to over 59,000 complaints, and people lost almost $130,000 in these scams. Emergency scams, which happen when someone calls a grandparent and pretends to be in distress, resulted in $2.7 million in losses.
People ages 50-59 saw the second-most losses behind seniors, at $2.5 billion.
California, Texas and Florida were the states with the most losses, according to the report.
FBI officials said on the call that the number may be underreported given that some people are embarrassed to admit they have been victims of scams.
TYLER â East Texas State Rep. Brent Money took to social media on Tuesday to express his disappointment that HB 2127 wonât be getting a public hearing this session.
According to our news partner KETK, the bill, which would amend the Texas Penal Codeâs definition of homicide to include all abortions, was initially scheduled for a hearing on Tuesday but was then pulled from the schedule.
Abortion was made illegal in Texas in 2022 when the stateâs âtrigger lawâ went into effect following the U.S. Supreme Courtâs overruling of Roe V. Wade.
TYLER â U.S. Rep. Nathaniel Moran held a town hall forum on Tuesday night in Tyler where several attendees quickly became hostile according to our news partner KETK. The forum was initiated for Moran to speak on issues he is covering in D.C. However, hecklers quickly began interrupting the presentation and question and answer portion of the event.
âI expected to have a setting like we saw tonight,â Moran said. âI know folks want to engage personally and a lot of people want to set this up and a lot of members of Congress are not doing in person townhalls but I think itâs our responsibility to the constituents to do those face-to-face town halls to engage, to be transparent, to be accountable. I expected some emotions tonight and thatâs what we saw.â
Attendees became upset as Moran did not answer their questions when they pressed him on issues, including abortion, due process and immigration policies.
HOUSTON (AP) â A Texas man is facing execution Wednesday for the strangling and stabbing death of a young North Texas mother more than 20 years ago.
Moises Sandoval Mendoza was condemned for the March 2004 killing of 20-year-old Rachelle OâNeil Tolleson. Prosecutors say Mendoza took Tolleson from her home in Farmersville, leaving her 6-month-old daughter alone. The infant was found cold and wet but safe the next day by Tollesonâs mother. Tollesonâs body was found six days later near a creek.
Mendoza, 41, was scheduled to receive a lethal injection Wednesday evening at the state penitentiary in Huntsville.
Evidence in Mendozaâs case showed he also burned Tollesonâs body to hide his fingerprints. Dental records were used to identify her, according to investigators.
Mendozaâs lawyers have asked the U.S. Supreme Court to stop the scheduled execution after lower courts previously rejected his petitions for a stay. The Texas Board of Pardons and Paroles on Monday denied Mendozaâs request to commute his death sentence to a lesser penalty.
In their petition before the Supreme Court, Mendozaâs attorneys said he was prevented by lower courts from arguing that he had been denied effective assistance of counsel earlier in the appeals process.
Mendozaâs lawyers allege that a previous appeals attorney, as well as his trial lawyer, had failed to challenge critical testimony by a detention officer, Robert Hinton. That testimony was used by prosecutors to persuade jurors that Mendoza would be a future danger to society â a legal finding needed to secure a death sentence in Texas.
Mendozaâs lawyers allege the officer, who worked in the county jail where the inmate was being held after his arrest, gave false testimony that Mendoza had started a fight with another inmate. Mendozaâs lawyers say the other inmate now claims in an affidavit that he believed detention officers wanted him to start the fight, and he was later rewarded for it.
âThere is no doubt the jury was listening. During its deliberations, the jury specifically asked about Mendozaâs âcriminal acts while in jail,â including the âassault on other inmate,ââ Mendozaâs lawyers said in their petition to the Supreme Court. âAs evidenced by the juryâs notes, there is a reasonable probability that trial counselâs error in failing to investigate Hintonâs testimony affected the result.â
But the Texas Attorney Generalâs Office told the Supreme Court that Mendozaâs claim of ineffective assistance of counsel has already been found by a lower federal court to be âmeritless and insubstantial.â
Even if the detention officerâs testimony were eliminated, the jury heard substantial evidence regarding Mendozaâs future dangerousness and his long history of violence, especially against women, including physically attacking his mother and sister and sexually assaulting a 14-year-old girl, according to the attorney generalâs office.
âFinally, given the extreme delay in this two-decade-old case, the public interest weighs heavily against a stay. The State and crime victims have a âpowerful and legitimate interest in punishing the guilty,ââ the attorney generalâs office said in its petition.
Authorities said that in the days before the killing, Mendoza had attended a party at Tollesonâs home in Farmersville, about 45 miles (72 kilometers) northeast of Dallas. On the day her body was found, Mendoza told a friend about the killing. The friend called police and Mendoza was arrested.
Mendoza confessed to police but couldnât give detectives a reason for his actions, authorities said. He told investigators he repeatedly choked Tolleson, sexually assaulted her and dragged her body to a field, where he choked her again and then stabbed her in the throat. He later moved her body to a more remote location and burned it.
If the execution is carried out, Mendoza would be the third inmate put to death this year in Texas, historically the nationâs busiest capital punishment state, and the 13th in the U.S.
On Thursday, Alabama planned to execute James Osgood for the 2010 rape and murder of a woman.
McALLEN, Texas (AP) â Hubert Montoya burst out laughing when the U.S. Department of Homeland Security emailed to say he should leave the country immediately or risk consequences of being deported. He is a U.S. citizen.
âI just thought it was absurd,â the Austin, Texas, immigration attorney said.
It was an apparent glitch in the Trump administration’s dismantling of another Biden-era policy that allowed people to live and work in the country temporarily. U.S. Customs and Border Protection is quietly revoking two-year permits of people who used an online appointment app at U.S. border crossings with Mexico called CBP One, which brought in more than 900,000 people starting in January 2023.
The revocation of CBP One permits has lacked the fanfare and formality of canceling Temporary Protected Status for hundreds of thousands whose homelands were previously deemed unsafe for return and humanitarian parole for others from Cuba, Haiti, Nicaragua and Venezuela who came with financial sponsors. Those moves came with official notices in the Federal Register and press releases. Judges halted them from taking effect after advocacy groups sued.
CBP One cancellation notices began landing in inboxes in late March without warning, some telling recipients to leave immediately and others giving them seven days. Targets included U.S. citizens.
Timothy J. Brenner, a Connecticut-born lawyer in Houston, was told April 11 to leave the U.S. âI became concerned that the administration has a list of immigration attorneys or a database that theyâre trying to target to harass,â he said.
CBP confirmed in a statement that it issued notices terminating temporary legal status under CBP One. It did not say how many, just that they weren’t sent to all beneficiaries, which totaled 936,000 at the end of December.
CBP said notices may have been sent to unintended recipients, including attorneys, if beneficiaries provided contact information for U.S. citizens. It is addressing those situations case-by-case.
Online chat groups reflect fear and confusion, which, according to critics, is the administration’s intended effect. Brenner said three clients who received the notices chose to return to El Salvador after being told to leave.
âThe fact that we donât know how many people got this notice is part of the problem. Weâre getting reports from attorneys and folks who donât know what to make of the notice,â said Hillary Li, counsel for the Justice Action Center, an advocacy group.
President Donald Trump suspended CBP One for new arrivals his first day in office but those already in the U.S. believed they could stay at least until their two-year permits expired. The cancellation notices that some received ended that sense of temporary stability. âIt is time for you to leave the United States,â the letters began.
âIt’s really confusing,â said Robyn Barnard, senior director for refugee advocacy at Human Rights First. âImagine how people who entered through that process feel when they’re hearing through their different community chats, rumors or screenshots that some friends have received notice and others didn’t.â
Attorneys say some CBP One beneficiaries may still be within a one-year window to file an asylum claim or seek other relief.
Notices have been sent to others whose removal orders are on hold under other forms of temporary protection. A federal judge in Massachusetts temporarily halted deportations for more than 500,000 Cubans, Haitians, Nicaraguans and Venezuelans who came since late 2022 after applying online with a financial sponsor and flying to a U.S. airport at their own expense.
Maria, a 48-year-old Nicaraguan woman who cheered Trump’s election and arrived via that path, said the notice telling her to leave landed like âa bomb. It paralyzed me.â
Maria, who asked to be named only by her middle name for fear of being detained and deported, said in a telephone interview from Florida that she would continue cleaning houses to support herself and file for asylum.
___
Salomon reported from Miami. Associated Press writers Rebecca Santana in Washington and Elliot Spagat in San Diego contributed.
UVALDE (ABC) — An attorney representing the families of the Robb Elementary School mass shooting victims confirmed to ABC News on Tuesday night that a settlement was reached and approved by a unanimous vote at a city council meeting in Uvalde, Texas.
Josh Koskoff, one of the attorneys who filed the lawsuit against the city, did not specify the exact terms of the settlement.
The lawsuit responds to the circumstances surrounding the school shooting that took place on May 24, 2022, claiming the lives of two teachers and 19 students.
In addition to a monetary settlement that would be paid out by the city’s insurance, the families were asking for Uvalde Police to adopt new fitness standards for the force and boost officer training, attorneys announced at a press conference in May 2024.
At the time of filing the suit, Koskoff told ABC News that the plaintiffs also were asking the city to maintain the cemetery where many of the victims are buried and to provide an updated accounting of the donations and spending related to May 24.
The plaintiffs were also asking to designate May 24 as an official day of remembrance in Uvalde and to create a committee for a permanent memorial in town.
The attorney confirmed all 21 victims’ families were represented in the lawsuit, but didn’t disclose any others who are listed as plaintiffs.
(LONDON) -- A 6.2 magnitude earthquake has rattled much of Turkey Wednesday morning, according to the United States Geological Survey.
The quake occurred at a depth of just 6.2 miles with the epicenter of the quake located approximately 14 miles southeast of Marmara Ere?lisi and 70 miles west of Istanbul.
No casualties have been reported so far, but hospitals reported that many patients were admitted due to anxiety and panic as citizens could be seen rushing into the streets and parks.
ABC News' Engin Bas and Somayeh Malekian contributed to this report.
(VATICAN CITY) -- Pope Francis marked multiple firsts for the papacy, becoming the first Latin American pope and the first from the Southern Hemisphere when elected in 2013.
He was also the first head of the Roman Catholic Church born outside of Europe in over a millennium.
Following his death on Monday at the age of 88, the selection process to elect the 267th pontiff will soon begin.
Ahead of the secretive gathering of eligible cardinals for the vote, questions swirl over whether the next pope will similarly come from outside Europe, such as Asia or Africa, and potentially be another history-making leader.
"I do think it's fair to say that election of an archbishop from Asia or Africa is certainly a real probability now. That is not unthinkable at all," Bruce Morrill, the Edward A. Malloy chair in Roman Catholic studies and distinguished professor of theology at Vanderbilt University, told ABC News. "That's very different from when, let's say, someone like John Paul II was elected. It was a big deal back in 1978 because he wasn't Italian."
"To move a couple papacies later to a man from Argentina -- clearly, it's reflecting more than ever a global church," he added.
The election of someone from the Global South would be a "move in that direction of how to be a global church," Jaisy A. Joseph, an assistant professor of theology and religious studies at Villanova University, told ABC News.
"That move from a Eurocentric church to a truly global church -- I think that's what Francis really inaugurated," she said.
Pope Francis' successor could be someone who continues his progressive legacy and mirrors his pastoral approach, or someone who counters it with a more conservative approach, experts say.
"Is he going to be someone who really strongly continues the primary emphases of the Francis papacy, or do they want to go with someone that they would see as bringing a balance or a certain pendulum swing, to use that language, in counter or contrast of priorities from the Francis papacy?" Morrill said.
Such a swing occurred when Pope Francis was elected, succeeding Pope Benedict XVI, Morrill noted.
"Is he going to be someone who really strongly continues the primary emphases of the Francis papacy, or do they want to go with someone that they would see as bringing a balance or a certain pendulum swing, to use that language, in counter or contrast of priorities from the Francis papacy?" Morrill said.
Such a swing occurred when Pope Francis was elected, succeeding Pope Benedict XVI, Morrill noted.
"If the electors are going to turn to someone and discern the way to go is to continue, strongly, the priorities of the late Pope Francis, Tagle fits the bill," Morrill said.
"He's likewise someone who smiles readily and has this warm pastoral way," he added. "That's what makes him the figure that we would think of as providing the most continuity."
If elected, Tagle would be the first Asian pope.
Should the voting cardinals move in a more conservative direction, a potential pope could be found in Sub-Saharan Africa, Morrill said. Such a move would make for the first Black pope in modern history.
"There would be archbishops, cardinal archbishops in Sub-Saharan Africa that are much more focused on preservation or guarding of the strict traditional practices and teachings of the church," Morrill said.
One name that comes to mind for Morrill is Cardinal Fridolin Ambongo Besungu, 65, of the Democratic Republic of the Congo.
Other conservative candidates from Africa that could gain recognition include Ghanaian Cardinal Peter Turkson, 76, and Guinean Cardinal Robert Sarah, 79, according to Miles Pattenden, historian of the Catholic Church at Oxford University.
Cardinals under the age of 80 are eligible to participate in the secret conclave inside the Sistine Chapel to choose the next pontiff, a gathering that typically commences between 15 to 20 days after the pope's death.
A two-thirds majority is required to elect a pontiff.
Francis appointed roughly 80% of the cardinals who are eligible to vote for his successor, which could impact the selection of the next pope, Morrill said.
"He was advancing and choosing more and more people from Asia and Africa, and so that does all feed these distinct probabilities or possibilities," Morrill said. "But there really is no way to make any solid prediction."
The Pew Research Center found that under Francis, voting-age cardinals from the Asia-Pacific region increased 10%, and those from Sub-Saharan Africa went up 8%, while those from Europe decreased 51%.
In all, there are 53 cardinal electors from Europe, 23 from Asia, 18 from Africa, 17 from South America, 16 from North America, four from Central America and four from Oceania, according to the Vatican.
For Phyllis Zagano, the senior research associate-in-residence in Hofstra University's Department of Religion, it's unclear at the moment how that shift in makeup will impact the election of the next pope.
"The College of Cardinals has expanded significantly under Pope Francis, who has included cardinals from the farthest reaches of the world," Zagano told ABC News. "Whether that will make any difference in the election of his successor remains to be seen."
TYLER – A Tyler man has been arrested for allegedly having a sexual relationship with a minor in exchange for nicotine devices, according to our news partner KETK. The Smith County Sheriffâs Office became aware of the case after being contacted by a girlâs guardians on March 4. One of her guardians revealed to a sheriffâs deputy that they discovered she had been having an improper relationship with a grown man while going through the girlâs phone.
According to officials, one of the victimâs guardians said text messages from the victimâs phone revealed she was having explicit conversations and spoke about having sexual relationships with a man whose contact name was âJâ.
Further text messages revealed the victim was offering to give the man sexual favors in exchange for vapes and other nicotine devices. Text messages also revealed the two parties making arrangements to meet at a nearby oil field in regard to their deal. Continue reading Man arrested for alleged sexual relationship with minor
(NEW YORK) -- Tesla's profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company's performance fell short of analysts' expectations.
The decline coincided with a sales slump and stock woes at the electric carmaker, and comes amid worldwide protests against CEO Elon Musk over his role in the Trump administration
Total revenue decreased by 9% from one year earlier, to $19.3 billion, while revenue derived from car sales plunged 20% over the first three months of 2025 compared to a year ago, the earnings showed.
In a statement, Tesla cautioned about business impacts as result of the "current tariff landscape," saying the company is "taking actions to stabilize the business in the medium to long-term and focus on maintaining its health."
"Uncertainty in the automotive and energy markets continues to increase as rapidly evolving trade policy adversely impacts the global supply chain and cost structure of Tesla and our peers," Tesla added.
The announcement holds implications for Musk, the worldâs richest person, who derives much of his wealth from his Tesla holdings.
The new financial details arrive as some shareholders have called on Musk to step down from his White House role and return full-time to the helm of Tesla.
Musk, whose temporary status as a government employee expires next month, will likely face questions about his plans during a conference call with analysts after the earnings release.
âWe view this as a fork-in-the-road time,â Dan Ives, a managing director of equity research at the investment firm Wedbush and a longtime Tesla booster, said in a memo to investors on Sunday.
Tesla shares have dropped in value by roughly half from an all-time high in December. Most of those losses have come since President Donald Trump took office and Musk began his controversial governmental cost-cutting efforts as the head of the newly created Department of Government Efficiency (DOGE).
Tesla remains a top electric carmaker but the company faces growing competition, especially from Chinese firms such as BYD.
Deliveries of Tesla vehicles over the first three months of 2025 dropped about 13% compared to the same period a year ago, the company said earlier this month.
When Tesla announced the decline in deliveries, the company made no mention of its CEO but did say that a "changeover of Model Y lines across all four of our factories led to the loss of several weeks of production in Q1," but added that "the ramp of the New Model Y continues to go well."
Tesla sold fewer cars in 2024 than it did the year prior, marking the company's first year-over-year sales decline in more than a decade, earnings released in January showed.
As rivals have challenged Tesla's dominance in the electric vehicle market, the company has promised a future revenue stream from autonomous taxis, also known as robotaxis.
Musk announced in late January that the company would roll out its robotaxi test program in Austin, Texas, in June. But within days, China-based competitor BYD unveiled advances in self-driving technology, which the company said was set to be included in models costing as little as $9,600.
Tesla boasts a more complete domestic supply chain than its rival U.S. carmakers but the company remains vulnerable to auto tariffs of the type President Trump imposed earlier this month, according to Musk.
âTo be clear, this will affect the price of parts in Tesla cars that come from other countries. The cost impact is not trivial,â Musk said in a post on X in late March.
Gordon Johnson, CEO and founder of data firm GLJ Research, who is bearish on Tesla, voiced concerns about the company in a memo to investors on Monday, saying that the automaker faces a mix of âoperational, financial, and reputational challenges.â
âIs Tesla facing an existential crisis?â Johnson added.
AUSTIN (AP) â The executive director of the Texas Lottery Commission has resigned, the latest shake-up at the state’s retail gambling enterprise amid multiple investigations into jackpots in 2023 and earlier this year totaling nearly $200 million, and calls from some lawmakers to shut it down.
The lottery announced Ryan Mindell’s resignation on Monday without comment. A former deputy director and operations director at the lottery, Mindell had held the top job for only about a year following the abrupt resignation of his predecessor.
He leaves as the agency faces at least two investigations ordered by Gov. Greg Abbott and state Attorney General Ken Paxton into the integrity of the lottery prizes, and how the state handled the introduction of courier companies that buy and send tickets on behalf of customers online.
The companies and lottery officials have denied wrongdoing. But Texas state lawmakers are considering forcing several changes, ranging from a legal ban on sales through courier companies to shutting down the agency by taking away all of its funding.
The Texas lottery was established in 1991 and sends a portion of its annual revenue to public education. In 2024, that meant about $2 billion sent to the state’s public school fund.
But two of the biggest jackpots in agency history prompted flares of scrutiny and criticism from media, lawmakers and state officials who question whether they were fairly won and if courier companies should be allowed.
First, a $95 million jackpot in 2023 was awarded when the winners bought nearly every possible number combination â more than 25 million of them. In February, an $83 million ticket was won with a ticket purchased at a courier store. The chain that operates the store has locations in six states.
A Houston Chronicle investigation initially detailed the buying efforts behind the 2023 jackpot, but it was the second one that finally grabbed the attention of prominent state lawmakers, as well as the governor and the state attorney general. An agency that typically garners little attention beyond the millions it awards in jackpots and scratch-off ticket games was suddenly under fire.
Abbott ordered the state’s elite Texas Rangers law enforcement agency to open an investigation, and Paxton announced a probe by the state attorney general’s office. Those remain ongoing.
âThe governor expects the Texas Lottery Commission to work within the bounds of the law and to ensure the trust and integrity of the lottery regardless of who leads the agency,” Abbott spokesman Andrew Mahaleris said Tuesday.
A Texas lottery spokesman declined further comment on Mindellâs resignation.
The Legislature, meanwhile, has held public hearings to scold lottery officials for allowing the use of courier companies to bypass state law that requires tickets to be purchased in person. Mindell had told state lawmakers in February that the agency had previously determined it did not have the authority to regulate courier companies, but said the agency would now move to ban them.
The Coalition of Texas Lottery Couriers accused Mindell of pushing the agency to âinaccurately and unfairlyâ allow the courier companies to âbecome the scapegoat for its own questionable activities.â The group insisted its members played no role in the 2023 jackpot scheme.
âMindellâs departure provides an opportunity to reconsider the agencyâs politically motivated decisions regarding lottery couriers and restart good faith collaboration between our companies and the TLC,â the coalition said in a statement.
State lawmakers are approaching the final month of their biennial session and have threatened action ranging from writing a courier ban into state law, or even more drastic measures such as shutting down the lottery altogether.
The state Senate has already passed a ban on courier sales, but the measure has yet to get a vote in the House. The House and Senate will soon negotiate a final version of the two-year state budget. The House version currently includes no money for the agency, which would effectively close it down.
But that effort is likely more of a message that lawmakers are serious about making changes than seriously thinking of closing down an agency that generates billions in sales and for public schools annually.
State law allows Texas jackpots to be claimed anonymously, and the April 2023 jackpot was collected two months later in the form of a one-time payment of $57.8 million to a company called Rook TX.
The payment for the February jackpot, however, is on hold pending the state investigations. An attorney for a woman who claims to hold the winning ticket has said it was legally purchased among a group of 10 she bought through the courier, Jacketpocket.
TYLER – The Houston Chronicle reports that Edward Estradaâs client already had admitted to skimming â installing devices inside gas pumps to steal customersâ credit card information. But the Tyler lawyer wanted to make sure jurors understood that it didnât rank with more serious financial crimes. As he prepared for the 2019 sentencing hearing, Estrada settled on a comparison. His client wasnât nearly as bad as Enron, the giant Houston energy company whose executives misled investors for years, he stressed. While his clientâs crimes cost victims collectively more than $150,000 â much of it reimbursed by banks â Enron lost billions. The Smith County jury apparently took the differences into account, but not in the way Estrada hoped. Enron executives faced sentences of 45 and 24 years. For his skimming, the jury sentenced Felipe Manuel Nieves-Perez to life in prison â âstriking and alarming,â Estrada said. Continue reading Life in prison for credit card skimmer